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17.0%Acceptance
$60,300Tuition
1,901Students
92%Grad Rate (6-yr)
$81,400Earnings
#5 in North CarolinaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IStudy AbroadData: 2023-24Presbyterian Church (USA)
Return on Investment: Strong

At $18,127/yr net price, Davidson College graduates earn $81,400/yr within 10 years of enrollment, which is $47,400/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Davidson College
Metric Value
Average Net Price (per year) $18,127
Estimated 4-Year Cost $72,508
Median Earnings (10yr post-entry) $81,400/yr
Earnings Premium vs. HS Diploma +$47,400/yr
Estimated Break-Even 1.5 years
Graduation Rate (6-year) 91.9%
Median Debt at Graduation $18,688

What You'll Actually Pay

Average net price by family income

Net price by family income for Davidson College
Family Income Estimated Net Price
$0 - $30,000 $6,613/yr
$30,001 - $48,000 $3,339/yr
$48,001 - $75,000 $7,610/yr
$75,001 - $110,000 $25,077/yr
$110,001+ $40,503/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Davidson College
Program Level Median Earnings Median Debt
Economics. Certificate $69,338 $22,625
Political Science and Government. Certificate $45,715 $19,500
Romance Languages, Literatures, and Linguistics. Certificate $43,240
English Language and Literature, General. Certificate $35,330
Biology, General. Certificate $31,670 $19,000
Anthropology. Certificate $29,685
Psychology, General. Certificate $28,598 $18,500
History. Certificate $22,075

The Risk Factor

Completion Risk: Low Risk

91.9% of students at Davidson College graduate within 6 years. Most students who start here finish their degree.

Analysis

Davidson College gives you a strong financial return. You graduate with about $18,700 in median debt and earn $81,400 ten years out, so you clear your debt many times over. The 91.9% graduation rate and 95.4% retention rate mean you are very likely to finish in four years and start earning on schedule, which is where most of the ROI risk at other schools hides.

The net price tiers split families sharply. If your household earns under $48k, Davidson costs less than many state schools after aid, dropping to roughly $3,300 a year in the $30-48k band. The jump is brutal above $75k: you go from about $7,600 in the $48-75k tier to $25,000, then over $40,000 for families above $110k. A middle-income family crossing the $75k line loses most of its aid, and the sticker cost for high earners rivals any private college in the country.

The main financial risk here is the school itself. Davidson is a liberal arts college with no engineering, nursing, or business school, so the direct-to-high-salary majors that anchor outcomes elsewhere do not exist. Your $81,400 median reflects graduates who move into finance, consulting, medicine, and law, usually after graduate school. If you plan to stop at a bachelor's degree and want a specific vocational path, the payoff is less certain and you should look at schools with named professional programs.

Davidson fits you if your family income falls in the lower or middle-lower brackets, if you are aiming for law, medicine, finance, or a PhD track, and if you value a small campus with high completion odds. It is a weaker financial bet if you earn over $110k and are paying near full price for a general liberal arts degree, or if you want a direct technical or business credential without further schooling.

Frequently Asked Questions

Is Davidson College worth the cost for the job prospects after graduation?

Davidson graduates earn $81,400 annually ten years post-graduation, which is solid but not outstanding given the school's selectivity. Economics majors do well at $69,338, but other popular programs like English ($35,330) and Biology ($31,670) show weaker returns.

How much debt do Davidson College students typically graduate with?

The median debt at Davidson is $18,688, which is manageable compared to many private colleges. With a net price of $18,127 per year, the school's financial aid helps keep costs reasonable for most students.

Which Davidson College majors have the best return on investment?

Economics offers the strongest ROI at Davidson with $69,338 average earnings, while Political Science graduates earn $45,715. Liberal arts majors like English and Biology see significantly lower returns despite the college's strong reputation.

Does Davidson College's high graduation rate justify its cost?

Davidson's 91.90% graduation rate is excellent and reduces the risk of paying for an unfinished degree. However, the earnings outcomes for many programs don't fully justify the investment compared to less expensive alternatives.