Skip to main content
64.7%Acceptance
$47,430Tuition
1,208Students
64%Grad Rate (6-yr)
$54,742Earnings
Private nonprofit4-yearSAT/ACT Test BlindNCAA Division IIIStudy AbroadData: 2023-24Presbyterian Church (USA)

Student Outcomes

Graduation Rate (4-year)
62.9%
Graduation Rate (6-year)
63.7%
Retention Rate
76.4%
Median Earnings (10 years after entry)
$54,742
Median Debt at Graduation
$27,000
Student-to-Faculty Ratio
14:1
Loan Repayment Rate
73.6%
Estimated Monthly Loan Payment
$286/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Business Administration, Management and Operations. Bachelor $38,289 $27,000
Teacher Education and Professional Development, Specific Levels and Methods. Bachelor $37,748 $29,000
English Language and Literature, General. Bachelor $29,685 $27,000
Psychology, General. Bachelor $28,236 $26,423
Biology, General. Bachelor $25,596 $27,000

Outcomes Overview

Alma graduates enter the workforce with a median debt of $27,000 and earn $37,011 in their first year after graduation. This creates a debt-to-earnings ratio of 73%, which is manageable compared to many private colleges. Monthly loan payments of $286 consume about 9% of typical starting salaries. The college's strong education and business programs funnel graduates into teaching, healthcare administration, and regional business roles. Earnings grow to $54,742 by the tenth year, reflecting solid career progression. With a 98.1% employment rate and a 73.63% loan repayment rate, graduates generally find stable work. The return on investment is average for a small liberal arts college, particularly for students pursuing education or staying in Michigan.