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Alfred University

Alfred, NY
privateWebsite
30
Value
Median Earnings (10yr)
$54,897
+2% vs average
Net Price / Year
$25,620
+26% vs average
Graduation Rate
56%
Payback Period
1.9 years
Median Debt
$26,000
Student Body
1,423

Alfred University — Earnings vs Cost (vs National Average)

Admission Rate
74%

Alfred University at a Glance

Alfred University is a private university in Alfred, New York, United States. It has a total undergraduate population of approximately 1,600 students. The university hosts the statutory New York State College of Ceramics, which includes The Inamori School of Engineering and the School of Art and Design.

Founded

1836

190 years old

Endowment

$203M

$203 million (2025)

Students

1,843

1,422 undergrad · 421 grad

Faculty

152

Campus

232 acres

Identity

Motto: Fiat Lux ( Latin )Athletics: SaxonsColors: Purple & goldAffiliation: Space-grantPresident: Mark Zupan
Sources:Wikipedia

Is Alfred University Worth It?

At a value score of 30/100, Alfred University is a below-average value relative to its cost. Graduates earn $54,897 — 2% above average — while paying $25,620/year. Consider alternatives with better earnings-to-cost ratios.

The investment pays for itself in just 1.9 years — among the fastest payback periods of any college we track.

A 56% graduation rate is a serious red flag — fewer than 6 in 10 students finish. Those who don't graduate may still carry student debt without the higher-earning credential to show for it.

Bottom line: consider whether the specific program you're interested in at Alfred University has outcomes that justify the cost — the institution-wide numbers suggest caution.

How Alfred University compares to peer private nonprofit colleges of similar tier in NY

Ranked #81 of 136 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Kalamazoo College68$19,072$65,590
#2Albion College61$14,301$58,799
#3Canisius University58$17,940$60,681
#4Fresno Pacific University57$13,630$58,896
#5Clarkson College57$19,241$64,876
#6North Park University50$16,948$59,572
#81Alfred University30$25,620$54,897

Peer group: private nonprofit colleges within ±60% of Alfred University's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 10 in NY.

Best Programs at Alfred University

The highest-earning program at Alfred University is Mechanical Engineering at $58,000/year (4 years after graduation). The lowest is Fine and Studio Arts at $17,100/year.

Your major matters more than the school name — a Mechanical Engineering graduate from Alfred University earns $58,000, while a Fine and Studio Arts graduate earns $17,100. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Debt also varies by program: Mechanical Engineering graduates carry $27,000 in median debt vs. $27,000 for Fine and Studio Arts.

Return on Investment

Estimated 4-Year Cost

$102,480

Based on $25,620/yr net price × 4 years

Earnings Premium

+2%

vs. national average of $53,787/yr

Payback Period

1.9 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$446,490

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Mechanical Engineering$58,000$58,000$27,000
Business Administration, Management and Operations$30,000$30,000$26,500
Psychology, General$21,400$21,400$27,000
Fine and Studio Arts$17,100$17,100$27,000

Quick Facts

Institution Type
private
Location
Alfred, NY
Student Body
1,423 students
Admission Rate
74%
Graduation Rate
56%
Net Price (Annual)
$25,620
Median Earnings (10yr)
$54,897
Median Student Debt
$26,000
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.