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Swarthmore College

Swarthmore, PA
privateWebsite
81
Value
Median Earnings (10yr)
$80,257
+49% vs average
Net Price / Year
$23,149
+14% vs average
Graduation Rate
93%
Payback Period
1.2 years
Median Debt
$17,500
Student Body
1,613

Swarthmore College — Earnings vs Cost (vs National Average)

Admission Rate
7%

Swarthmore College at a Glance

Swarthmore College is a private liberal arts college in Swarthmore, Pennsylvania, United States. Founded in 1864, with its first classes held in 1869, Swarthmore is one of the earliest coeducational colleges in the United States. It was established as a college under the Religious Society of Friends. By 1906, Swarthmore had dropped its religious affiliation and officially became non-sectarian.

Founded

1864

162 years old

Endowment

$2.7B

$2.7 billion

Undergraduates

1,631

Faculty

207

8:1 student:faculty

Acceptance rate

78%

Campus

425 acres

Identity

Motto: Mind the LightAthletics: The GarnetMascot: Phineas the PhoenixColors: Garnet and WhiteAffiliation: COFHE Quaker Consortium Space-grantPresident: Valerie Smith

How to Apply to Swarthmore College

Official admissions page
Common App member
Early deadline

November 15 (Early Decision)

Application fee

$60

Fee waiver available

Fee waiver

All students with financial need are welcome to complete SwatPass to find out if you qualify for an application fee waiver.
Requirements can change between admissions cycles. Always verify current requirements on the official admissions page before applying.

Is Swarthmore College Worth It?

Swarthmore College is one of the strongest value propositions in higher education. At $23,149/year net price and $80,257 median earnings, graduates earn 3.5× their annual cost within a decade of enrolling.

The investment pays for itself in just 1.2 years — among the fastest payback periods of any college we track.

With a 93% graduation rate, the vast majority of students finish their degree and reach these earning outcomes.

The catch: admission is extremely selective at just 7%, making this an option only for top-tier applicants.

Bottom line: Swarthmore College delivers strong financial returns that justify the investment for most students.

How Swarthmore College compares to peer private nonprofit colleges of similar tier nationally

Ranked #7 of 16 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Bowdoin College100$14,398$82,735
#2Colby College100$17,180$80,490
#3Williams College100$17,716$88,665
#4Davidson College100$17,379$81,400
#5Pomona College94$19,285$77,779
#6Washington and Lee University94$23,781$94,810
#7Swarthmore College81$23,149$80,257

Peer group: private nonprofit colleges within ±60% of Swarthmore College's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 1 in PA.

Best Programs at Swarthmore College

The highest-earning program at Swarthmore College is Computer and Information Sciences, General at $86,700/year (4 years after graduation). The lowest is Biology, General at $36,800/year.

Your major matters more than the school name — a Computer and Information Sciences, General graduate from Swarthmore College earns $86,700, while a Biology, General graduate earns $36,800. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Return on Investment

Estimated 4-Year Cost

$92,596

Based on $23,149/yr net price × 4 years

Earnings Premium

+49%

vs. national average of $53,787/yr

Payback Period

1.2 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$709,974

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
Computer and Information Sciences, General$86,700$86,700$22,000
Economics$74,500$74,500$21,500
Political Science and Government$37,600$37,600$18,750
Biology, General$36,800$36,800N/A

Quick Facts

Institution Type
private
Location
Swarthmore, PA
Student Body
1,613 students
Admission Rate
7%
Graduation Rate
93%
Net Price (Annual)
$23,149
Median Earnings (10yr)
$80,257
Median Student Debt
$17,500
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.