Swarthmore College

www.swarthmore.edu

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2023 Undergraduate Tuition

$61,992

5.2% growth from 2022

2023 Average Net Price

$17,930

After Financial Aid

2021 Default Rate

on Student Loans

2023 Acceptance Rate

6.94%

14,287 Applicants

2023 Enrolled Students

1,644

99.8% Full-Time

2023 Graduation Rate

94.1%

369 Graduates

About

Swarthmore College is a higher education institution located in Delaware County, PA. In 2023, the most popular Bachelors Degree concentrations at Swarthmore College were General Economics (76 degrees awarded), General Computer & Information Sciences (73 degrees), and General Mathematics (49 degrees).

In 2023, 562 degrees were awarded across all undergraduate and graduate programs at Swarthmore College. 50.5% of these degrees were awarded to women, and 49.5% awarded men. The most common race/ethnicity group of degree recipients was white (202 degrees), 2.15 times more than then the next closest race/ethnicity group, asian (94 degrees).

The median undergraduate tuition at Swarthmore College is $61,992, which is $32,712 more than the national average for Baccalaureate Colleges ($29,280).

In 2021 the default rate for borrower's at Swarthmore College was 0%, corresponding to 0 out of the 115 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Swarthmore College is $61,992, which is $32,712 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $17,930.

In 2023, 57% of undergraduate students attending Swarthmore College received financial aid through grants. Comparatively, 10% of undergraduate students received financial aid through loans.

Tuition Costs

$61,992

2023 Undergraduate Tuition

In 2023, the cost of tuition at Swarthmore College was $61,992. The cost of tuition at Swarthmore College is $32,712 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Swarthmore College (in red) with those of other similar universities.

Average Net Price

$17,930

2023 Value

13.4%

1 Year Growth

In 2023 Swarthmore College had an average net price — the price paid after factoring in grants and loans — of $17,930. Between 2022 and 2023, the average net price of Swarthmore College grew by 13.4%.

This chart compares the average net price of Swarthmore College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$18,026

Room and Board

$760

Books and Supplies

The average yearly cost of room and board at Swarthmore College was of $18,026 in 2023. The cost of room and board increased by 5.11% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $760. The cost of books and supplies increased by 3.4% during the same period.

This chart compares the average student costs at Swarthmore College (in red) with that of similar universities.

Financial Aid by Income Level

57%

Undergraduates Receiving Financial Aid through Grants

10%

Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Swarthmore College received financial aid through grants or loans in 2023. This represents a decline of 3.39% with respect to 2022, when 59% of undergraduate students received financial aid.

This chart compares the average award discount at Swarthmore College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2021 Default Rate

Number of Defaults

In 2021 the default rate for borrower's at Swarthmore College was 0%, which represents 0 out of the 115 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Swarthmore College received 14,287 undergraduate applications in 2023, which represents a 2.86% annual growth. Out of those 14,287 applicants, 992 students were accepted for enrollment, representing a 6.94% acceptance rate.

There were 1,644 students enrolled at Swarthmore College in 2023. 40% of first-time enrollees submitted SAT scores with their applications.

Swarthmore College has an overall enrollment yield of 41.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

6.94%

Acceptance Rate in 2023

992

Accepted Out of 14,287

In 2023, the undergraduate acceptance rate of Swarthmore College was 6.94% (992 admissions from 14,287 applications). This is higher than the acceptance rate of 2022, which was 6.93%. Between 2022 and 2023, the number of applicants declined by 2.86%, while admissions declined by 2.65%.

This chart compares the acceptance rate of Swarthmore College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

40%

Submission Percentage (2023)

168

Scores Submitted (2023)

40% of enrolled first-time students at Swarthmore College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Swarthmore College had a total enrollment of 1,644 students in 2023. The full-time enrollment at Swarthmore College is 1,641 students and the part-time enrollment is 3. This means that 99.8% of students enrolled at Swarthmore College are enrolled full-time.

The enrolled student population at Swarthmore College, both undergraduate and graduate, is 29.6% White, 17.5% Asian, 15.1% Hispanic or Latino, 11% Two or More Races, 9.43% Black or African American, 0.426% American Indian or Alaska Native, and 0.0608% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Swarthmore College in full-time Undergraduate programs are most commonly White Female (16.6%), followed by White Male (14%) and Asian Female (8.82%).

Full-Time vs Part-Time Enrollment

99.8%

Full-Time Enrollment

The total enrollment at Swarthmore College in 2023, both undergraduate and graduate, is 1,644 students. The full-time enrollment at Swarthmore College is 1,641 and the part-time enrollment is 3. This means that 99.8% of students enrolled at Swarthmore College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Swarthmore College (in red) compares to similar universities.

Retention Rate over Time

97%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Swarthmore College was 97%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Swarthmore College had a retention rate higher than its peers.

This chart shows the retention rate over time at Swarthmore College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
486 enrolled students
Asian
288 enrolled students
Hispanic or Latino
248 enrolled students

The enrolled student population at Swarthmore College is 29.6% White, 17.5% Asian, 15.1% Hispanic or Latino, 11% Two or More Races, 9.43% Black or African American, 0.426% American Indian or Alaska Native, and 0.0608% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 43 students (2.62%) did not report their race.

Graduates

In 2023, 6 more women than men received degrees from Swarthmore College. The most common race/ethnicity group of degree recipients at Swarthmore College is white (202 degrees awarded). There were 2.15 times more white recipients than the next closest race/ethnicity group, asian (94 degrees).

The most common Bachelor's Degree concentration at Swarthmore College is General Economics (76 degrees awarded), followed by General Computer & Information Sciences (73 degrees) and General Mathematics (49 degrees).

In 2023, the most specialized majors across all degree types at Swarthmore College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Math & Statistics (49 degrees awarded), Philosophy and Religious Studies (15 degrees), and Language & Linguistics (22 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Swarthmore College are Lawyers, & judges, magistrates, & other judicial workers (374,470 people), Other managers (283,086 people), Postsecondary teachers (184,404 people), Elementary & middle school teachers (165,998 people), and Chief executives & legislators (134,016 people).

The most specialized majors at Swarthmore College in 2023 are Math & Statistics (49 degrees awarded), Philosophy and Religious Studies (15 degrees), Language & Linguistics (22 degrees), Social Sciences (137 degrees), and Cultural & Gender Studies (10 degrees) (as of 2023).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Swarthmore College are Securities, commodities, & financial services sales agents, Cardiovascular technologists and technicians, Surgeons, Nuclear medicine technologists and medical dosimetrists, and Logisticians

The most specialized majors at Swarthmore College are Math & Statistics (49 degrees awarded), Philosophy and Religious Studies (15 degrees), Language & Linguistics (22 degrees), Social Sciences (137 degrees), and Cultural & Gender Studies (10 degrees) (as of 2023).

Common Industries by Major

uninformed

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Swarthmore College are uninformed (551,805 people), Elementary & secondary schools (455,609 people), Colleges, universities & professional schools, including junior colleges (367,188 people), Legal services (296,362 people), and Computer Systems Design (269,211 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Swarthmore College.

Most Common (2023)

General Economics
76 degrees awarded
General Computer & Information Sciences
73 degrees awarded
General Mathematics
49 degrees awarded

In 2023, the most common bachelors degree concentration at Swarthmore College was General Economics with 76 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Swarthmore College according to their major.

Sex Breakdown for Common Majors

278

Degrees Awarded to Men

in 2023

284

Degrees Awarded to Women

in 2023

In 2023, 278 degrees were awarded to men at Swarthmore College, which is 0.979 times less than the number of degrees awarded to females (284).

This chart displays the sex disparity between the top 5 majors at Swarthmore College by degrees awarded.

Most Common Male Majors

In 2023, 49 degrees were awarded to men at Swarthmore College in General Economics, which is 1.81 times more than the 27 female recipients with that same degree.

Most Common Female Majors

In 2023, 29 degrees were awarded to men at Swarthmore College in General Computer & Information Sciences, which is 0.659 times less than the 44 male recipients with that same degree.

Time to Complete

87%

100% Completion Time

94%

150% Completion Time

In 2023, 87% of students graduating from Swarthmore College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 95% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Swarthmore College is Female and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (74.3%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 5.15% of graduates (19 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
202 degrees awarded
Asian
94 degrees awarded
Hispanic or Latino
75 degrees awarded

The most common race/ethnicity at Swarthmore College is white (202 degrees awarded). There were 2.15 times more white recipients than the next closest race/ethnicity group, asian (94 degrees).

3.02% of degree recipients (17 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
102 degrees awarded
White Female
100 degrees awarded
Asian Female
53 degrees awarded

The most common race/ethnicity and sex grouping at Swarthmore College is white male (102 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (100 degrees).

Operations

Swarthmore College has an endowment valued at nearly $2.72B, as of the end of the 2023 fiscal year. The return on its endowment was of 118M (4.34%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Swarthmore College had a total salary expenditure of 213M. Swarthmore College employs 99 Assistant professors, 76 Professors and 68 Associate professors. Most academics at Swarthmore College are Male Assistant professor (50), Female Assistant professor (49), and Male Professor (40).

The most common positions for non-instructional staff at Swarthmore College are: Service, with 178 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 108 employees, and Office and Administrative Support with 88 employees.

Endowment

$2.72B

2023 Endowment

0.18%

decline from 2022

Swarthmore College has an endowment valued at about $2.72B, as of the end of the 2023 fiscal year. The endowment of Swarthmore College declined 0.18% from the previous year. The value of their endowment was $2.67B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Swarthmore College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$84.3M

2023 Salaries

8.8%

growth from 2022

In 2023, Swarthmore College paid a median of $84.3M in salaries, which represents 39.6% of their overall expenditure ($213M) and a 8.8% growth from the previous year. This is compared to a 1.58% growth between 2021 and 2022, and a 2.15% growth between 2020 and 2021.

Instructional Salaries

$33.4M

Instructional Salaries

256

Number of Employees

In 2023, Swarthmore College paid a total of $33.4M to 256 employees working as instructors, which represents 39.7% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

99 Employees

Service

Most Common Non-Instructional Employee

178 Employees

In 2023, the most common positions for instructional staff at Swarthmore College were Assistant professor with 99 employees, Professor with 76 employees, and Associate professor with 68 employees.

In 2023, the most common positions for non-instructional staff at Swarthmore College were Service with 178 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 108 employees, and Office and Administrative Support with 88 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Female Assistant professor
Male Professor

In 2023, the most common demographic for instructional staff at Swarthmore College was Male Assistant professor with 50 employees, Female Assistant professor with 49 employees, and Male Professor with 40 employees.

This chart shows the sex split between each academic rank present at Swarthmore College.

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