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95.8%Acceptance
$15,944Tuition
2,412Students
18%Grad Rate (6-yr)
$63,435Earnings
Public4-yearSAT/ACT Test OptionalNCAA Division IIIStudy AbroadData: 2023-24
Return on Investment: Good

At $24,704/yr net price, Pennsylvania State University-Penn State Altoona graduates earn $63,435/yr within 10 years of enrollment, which is $29,435/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Pennsylvania State University-Penn State Altoona
Metric Value
Average Net Price (per year) $24,704
Estimated 4-Year Cost $98,816
Median Earnings (10yr post-entry) $63,435/yr
Earnings Premium vs. HS Diploma +$29,435/yr
Estimated Break-Even 3.4 years
Graduation Rate (6-year) 17.8%
Median Debt at Graduation $25,000

What You'll Actually Pay

Average net price by family income

Net price by family income for Pennsylvania State University-Penn State Altoona
Family Income Estimated Net Price
$0 - $30,000 $17,269/yr
$30,001 - $48,000 $17,288/yr
$48,001 - $75,000 $21,857/yr
$75,001 - $110,000 $26,446/yr
$110,001+ $28,543/yr

The Risk Factor

Completion Risk: High Risk

17.8% of students at Pennsylvania State University-Penn State Altoona graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.

Analysis

Penn State Altoona delivers weak financial returns that should give you serious pause before enrolling. The 18% graduation rate represents one of the lowest completion rates among four-year institutions, meaning most students leave without a degree but often with debt.

The median debt load of $25,000 aligns reasonably with the $63,435 median earnings for graduates who do finish, but getting to graduation is the real challenge here. With fewer than one in five students completing their degree, you face significant risk of leaving with debt but no credential to show for it.

Penn State Altoona functions primarily as a feeder campus where students complete general education requirements before transferring to University Park or other Penn State campuses. This creates additional complexity in your financial planning, as you may need to budget for higher costs if you transfer to the main campus later.

The 77% retention rate suggests many students recognize early that this campus may not meet their needs. Your best financial strategy involves treating Altoona as a temporary stepping stone rather than your final destination, which means factoring transfer costs into your total investment.

You should consider Penn State Altoona only if you need the lower-cost entry point into the Penn State system and have a clear transfer plan. Students seeking a traditional four-year experience at one campus will find better financial value elsewhere. The combination of low graduation rates and limited campus resources makes this a risky investment for most students, particularly those unsure about their academic direction or commitment level.

Frequently Asked Questions

Is Pennsylvania State University-Penn State Altoona worth the cost?

Penn State Altoona's 17.8% graduation rate raises serious concerns about return on investment, despite reasonable debt levels around $25,000. With 10-year earnings of $63,435 and a net price of $24,704 annually, the math only works if you actually graduate.

What is the biggest risk of attending Pennsylvania State University-Penn State Altoona?

The primary risk is not graduating - only 1 in 6 students complete their degree. Students who don't finish still carry debt but miss out on the earnings boost that makes college financially worthwhile.

How much debt do Pennsylvania State University-Penn State Altoona graduates typically have?

Graduates carry a median debt of $25,000, which is manageable given the $63,435 average earnings 10 years after enrollment. However, this only applies to the small percentage of students who actually graduate.

Does Pennsylvania State University-Penn State Altoona have good financial aid?

The $24,704 net price suggests moderate financial aid, but it's not exceptional for a public institution. The 95.8% acceptance rate indicates the school isn't selective enough to offer generous merit aid to most students.