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Rank: 42

Swarthmore College

Swarthmore, PAwww.swarthmore.edu
Swarthmore is an elite and demanding liberal arts school founded by the Quakers in 1864. Though relatively small, with just 1,641 undergraduates, it offers students unusually expansive opportunities. Swatties can take classes at nearby Bryn Mawr, Haverford, or the University of Pennsylvania. Swarthmore's own classes are typically small -- there is an 8:1 student faculty ratio -- and roughly a quarter of students participate in the school's Honors Program, taught in a seminar format with final oral exams administered by outside experts. Swarthmore appears to instill a love of learning: About 27% of graduates go on to earn Ph.D.s, the fourth-highest percentage of any school in the country. Those who head into the job market instead report average annual earnings of about $60,000 within a few years of graduation. (The nearly $300,000 that alum Arthur Chu won on Jeopardy! four years ago makes him an outlier.) Swarthmore's 22 varsity teams play in Division III, but school spirit is perhaps better exemplified by another kind of athletic tradition: Once a year, students partake in the McCabe Mile, an 18-lap race named for Tim McCabe, an alum for whom the library is also named and who served as president of Scott Paper Company. Runners vie for a unique prize: a big roll of Scott toilet paper.
costs
Est. Full Price 2018-2019
$70,500
% of students who get any grants
56%
Est. price for students who receive aid
$21,100
Average price for low-income students
$8,000
admissions
Acceptance rate
13%
Median SAT/ACT Score
1420/32
SAT/ACT required?
Yes
Enrollment
1,630
Financial Aid
% of students with need who get grants
100%
% of need met
100%
% of students who get merit* grants
1%
Average merit grant
$48,720
student success
Graduation rate
94%
Average time to a degree
4.1 years
Average student debt
$19,500
Average salary within 3 years
$60,000
% of low-income students who become upper middle class
49%
key deadlines
Early decision application
N/A
Regular application
N/A

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

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