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65.5%Acceptance
$60,240Tuition
1,777Students
80%Grad Rate (6-yr)
$69,107Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24Evangelical Lutheran
Return on Investment: Good

At $30,314/yr net price, Muhlenberg College graduates earn $69,107/yr within 10 years of enrollment, which is $35,107/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Muhlenberg College
Metric Value
Average Net Price (per year) $30,314
Estimated 4-Year Cost $121,256
Median Earnings (10yr post-entry) $69,107/yr
Earnings Premium vs. HS Diploma +$35,107/yr
Estimated Break-Even 3.5 years
Graduation Rate (6-year) 80.2%
Median Debt at Graduation $25,455

What You'll Actually Pay

Average net price by family income

Net price by family income for Muhlenberg College
Family Income Estimated Net Price
$0 - $30,000 $13,742/yr
$30,001 - $48,000 $16,144/yr
$48,001 - $75,000 $19,712/yr
$75,001 - $110,000 $26,057/yr
$110,001+ $39,900/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Muhlenberg College
Program Level Median Earnings Median Debt
Finance and Financial Management Services. Bachelor $65,387 $26,733
Accounting and Related Services. Bachelor $63,430 $27,000
Economics. Bachelor $54,644 $24,298
Mathematics. Bachelor $52,941 $24,428
Business Administration, Management and Operations. Bachelor $50,105 $23,645
English Language and Literature, General. Bachelor $36,848 $27,000
Dance. Bachelor $35,420 $27,000
Communication and Media Studies. Bachelor $34,298 $23,829
Psychology, General. Bachelor $31,133 $25,844
Political Science and Government. Bachelor $26,353 $26,909

The Risk Factor

Completion Risk: Low Risk

80.2% of students at Muhlenberg College graduate within 6 years. Most students who start here finish their degree.

Analysis

Muhlenberg College gives you a solid but unspectacular financial return. You pay about $30,000 a year net and leave with median debt near $25,000 and median earnings of $69,107 a decade out. The 80% graduation rate and 89% retention are the real strengths here , you are likely to finish, which is the single biggest factor in whether the price pays off. Dropping out with debt and no degree is the worst outcome, and Muhlenberg keeps that risk low.

The business-side majors carry this school. Finance and accounting graduates earn in the low-to-mid $60,000s while taking on roughly $27,000 in debt. Economics, math, and business administration all land in the $50,000s. None of these are breakout numbers, and here is the catch: the strongest-earning majors also carry the most debt. Finance grads borrow $2,400 more than business administration grads for about $15,000 more in early pay, which makes finance the better trade.

The risk is specific. Muhlenberg is a liberal arts college in Allentown, and the only programs with listed earnings data are the pre-professional business and quantitative ones. If you enroll for the humanities or arts that liberal arts colleges are built around, there is no earnings floor here to point to, and you are paying private-college prices for it.

The net price tiers reward lower-income families sharply. Under $30,000 in family income, you pay about $13,700 , less than half the sticker. Above $110,000, you pay nearly $40,000 a year, or $160,000 across four years. Muhlenberg is a good financial fit if you qualify for the lower tiers and study finance, accounting, or economics. If you are a full-pay family aiming at a low-earning major, look harder at the math before committing.

Frequently Asked Questions

Is Muhlenberg College worth the cost compared to other schools?

With graduates earning $69,107 after 10 years and typical debt of $25,455, Muhlenberg offers decent but not outstanding ROI. The net price of $30,314 per year is high for the earnings outcome, making it a questionable value compared to state schools.

What are the best paying majors at Muhlenberg College?

Finance ($65,387) and accounting ($63,430) graduates earn the most at Muhlenberg, while business administration majors only average $50,105. Math and economics fall in between at around $53,000.

How much debt do Muhlenberg College students typically graduate with?

The median debt is $25,455, which is manageable given the $69,107 average earnings after 10 years. This debt-to-income ratio suggests most graduates can handle their loan payments.

Does Muhlenberg College provide good financial aid to reduce costs?

The net price of $30,314 indicates significant financial aid since the sticker price is much higher. However, this is still expensive relative to graduate earnings, especially for students from middle-income families who may not qualify for substantial aid.