Swarthmore College

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2022 Undergraduate Tuition
$58,928
5.5% growth from 2021
2022 Average Net Price
$20,715
After Financial Aid
2019 Default Rate
0.826%
on Student Loans
2022 Acceptance Rate
6.93%
14,707 Applicants
2022 Enrolled Students
1,625
100% Full-Time
2022 Graduation Rate
93.7%
388 Graduates

About

Swarthmore College is a higher education institution located in Delaware County, PA. In 2022, the most popular Bachelors Degree concentrations at Swarthmore College were General Economics (79 degrees awarded), General Computer & Information Sciences (54 degrees), and General Mathematics (53 degrees).

In 2022, 567 degrees were awarded across all undergraduate and graduate programs at Swarthmore College. 48.1% of these degrees were awarded to women, and 51.9% awarded men. The most common race/ethnicity group of degree recipients was white (201 degrees), 1.78 times more than then the next closest race/ethnicity group, asian (113 degrees).

The median undergraduate tuition at Swarthmore College is $58,928, which is $30,598 more than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Swarthmore College is $58,928, which is $30,598 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $20,715.

In 2022, 59% of undergraduate students attending Swarthmore College received financial aid through grants. Comparatively, 10% of undergraduate students received financial aid through loans.

Tuition Costs

$58,928
2022 Undergraduate Tuition

In 2022, the cost of tuition at Swarthmore College was $58,928. The cost of tuition at Swarthmore College is $30,598 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$20,715
2022 Value
4.98%
1 Year Growth

In 2022 Swarthmore College had an average net price — the price paid after factoring in grants and loans — of $20,715. Between 2021 and 2022, the average net price of Swarthmore College grew by 4.98%.

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.

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Other Student Expenses

$17,150
Room and Board
$735
Books and Supplies

The average yearly cost of room and board at Swarthmore College was of $17,150 in 2022. The cost of room and board increased by 2.98% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $735. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

59%
Undergraduates Receiving Financial Aid through Grants
10%
Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at Swarthmore College received financial aid through grants or loans in 2022. This represents a decline of 20.3% with respect to 2021, when 74% 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.

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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.
0.826%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Swarthmore College was 0.826%, which represents 1 out of the 121 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.

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Admissions

Swarthmore College received 14,707 undergraduate applications in 2022, which represents a 13% annual growth. Out of those 14,707 applicants, 1,019 students were accepted for enrollment, representing a 6.93% acceptance rate.

There were 1,625 students enrolled at Swarthmore College in 2022. 42% of first-time enrollees submitted SAT scores with their applications.

Swarthmore College has an overall enrollment yield of 42.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

6.93%
Acceptance Rate in 2022
1,019
Accepted Out of 14,707

In 2022, the undergraduate acceptance rate of Swarthmore College was 6.93% (1,019 admissions from 14,707 applications). This is lower than the acceptance rate of 2021, which was 7.79%. Between 2021 and 2022, the number of applicants grew by 13%, while admissions grew by 0.592%..

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.

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SAT Scores

42%
Submission Percentage (2022)
180
Scores Submitted (2022)

42% of enrolled first-time students at Swarthmore College in 2022 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.

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Enrollment

Swarthmore College had a total enrollment of 1,625 students in 2022. The full-time enrollment at Swarthmore College is 1,625 students and the part-time enrollment is 0. This means that 100% of students enrolled at Swarthmore College are enrolled full-time.

The enrolled student population at Swarthmore College, both undergraduate and graduate, is 31.6% White, 17.7% Asian, 14.4% Hispanic or Latino, 9.72% Two or More Races, 8.98% Black or African American, 0.431% American Indian or Alaska Native, and 0.0615% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Swarthmore College in full-time Undergraduate programs are most commonly White Female (17.2%), followed by White Male (14.5%) and Asian Female (8.92%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Swarthmore College in 2022, both undergraduate and graduate, is 1,625 students. The full-time enrollment at Swarthmore College is 1,625 and the part-time enrollment is 0. This means that 100% of students enrolled at Swarthmore College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

96%
2022 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 96%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    514 enrolled students
  2. Asian
    287 enrolled students
  3. Hispanic or Latino
    234 enrolled students

The enrolled student population at Swarthmore College is 31.6% White, 17.7% Asian, 14.4% Hispanic or Latino, 9.72% Two or More Races, 8.98% Black or African American, 0.431% American Indian or Alaska Native, and 0.0615% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 51 students (3.14%) did not report their race.

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Graduates

In 2022, 21 fewer women than men received degrees from Swarthmore College. The most common race/ethnicity group of degree recipients at Swarthmore College is white (201 degrees awarded). There were 1.78 times more white recipients than the next closest race/ethnicity group, asian (113 degrees).

The most common Bachelor's Degree concentration at Swarthmore College is General Economics (79 degrees awarded), followed by General Computer & Information Sciences (54 degrees) and General Mathematics (53 degrees).

In 2022,  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 (53 degrees awarded), Language & Linguistics (25 degrees), and History (23 degrees).

Common Jobs by Major

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 (450,837 people), Other managers (303,344 people), Elementary & middle school teachers (222,153 people), Postsecondary teachers (208,666 people), and Secondary school teachers (163,092 people).

The most specialized majors at Swarthmore College in 2022 are Math & Statistics (53 degrees awarded), Language & Linguistics (25 degrees), History (23 degrees), Social Sciences (135 degrees), and Philosophy and Religious Studies (13 degrees) (as of 2022).

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Highest Paying Jobs by Major

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

The most specialized majors at Swarthmore College are Math & Statistics (53 degrees awarded), Language & Linguistics (25 degrees), History (23 degrees), Social Sciences (135 degrees), and Philosophy and Religious Studies (13 degrees) (as of 2022).

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Common Industries by Major

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 Elementary & secondary schools (561,036 people), Colleges, universities & professional schools, including junior colleges (414,902 people), Legal services (353,513 people), Computer Systems Design (277,723 people), and Justice, public order, & safety activities (210,157 people).

The most specialized majors at Swarthmore College are Math & Statistics (53 degrees awarded), Language & Linguistics (25 degrees), History (23 degrees), Social Sciences (135 degrees), and Philosophy and Religious Studies (13 degrees) (as of 2022).

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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 (2022)
  1. 79 degrees awarded
  2. 54 degrees awarded
  3. 53 degrees awarded

In 2022, the most common bachelors degree concentration at Swarthmore College was General Economics with 79 degrees awarded.

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

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Sex Breakdown for Common Majors

294
Degrees Awarded to Men
in 2022
273
Degrees Awarded to Women
in 2022

In 2022, 294 degrees were awarded to men at Swarthmore College, which is 1.08 times more than the number of degrees awarded to females (273).

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

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Most Common Male Majors

In 2022, 59 degrees were awarded to men at Swarthmore College in General Economics, which is 2.95 times more than the 20 female recipients with that same degree.

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Most Common Female Majors

In 2022, 20 degrees were awarded to men at Swarthmore College in General Economics, which is 0.339 times less than the 59 male recipients with that same degree.

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Time to Complete

91%
100% Completion Time
97%
150% Completion Time

In 2022, 91% of students graduating from Swarthmore College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 97% completed their degrees within 150% of the normal time, and 97% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Swarthmore College is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 5.93% of graduates (23 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    201 degrees awarded
  2. Asian
    113 degrees awarded
  3. Hispanic or Latino
    77 degrees awarded

The most common race/ethnicity at Swarthmore College is white (201 degrees awarded). There were 1.78 times more white recipients than the next closest race/ethnicity group, asian (113 degrees).

3% of degree recipients (17 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    115 degrees awarded
  2. White Female
    86 degrees awarded
  3. Asian Female
    61 degrees awarded

The most common race/ethnicity and sex grouping at Swarthmore College is white male (115 degrees awarded). There were 1.34 times more white male recipients than the next closest race/ethnicity group, white female (86 degrees).

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Operations

Swarthmore College has an endowment valued at nearly $2.73B, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−3.2%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Swarthmore College had a total salary expenditure of 201M. Swarthmore College employs 103 Assistant professors, 76 Professors and 65 Associate professors. Most academics at Swarthmore College are Male Assistant professor (52), Female Assistant professor (51), and Male Professor (42).

The most common positions for non-instructional staff at Swarthmore College are: Service, with 167 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 91 employees, and Office and Administrative Support with 85 employees.

Endowment

$2.73B
2022 Endowment
6%
decline from 2021

Swarthmore College has an endowment valued at about $2.73B, as of the end of the 2022 fiscal year. The endowment of Swarthmore College declined 6% from the previous year. The value of their endowment was $2.68B 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.

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Salary Expenditure

$77.5M
2022 Salaries
1.58%
growth from 2021

In 2022, Swarthmore College paid a median of $77.5M in salaries, which represents 38.7% of their overall expenditure ($201M) and a 1.58% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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Instructional Salaries

$31.2M
Instructional Salaries
257
Number of Employees

In 2022, Swarthmore College paid a total of $31.2M to 257 employees working as instructors, which represents 40.2% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Assistant professor
Most Common Instructor
103 Employees
Service
Most Common Non-Instructional Employee
167 Employees

In 2022, the most common positions for instructional staff at Swarthmore College were Assistant professor with 103 employees, Professor with 76 employees, and Associate professor with 65 employees.

In 2022, the most common positions for non-instructional staff at Swarthmore College were Service with 167 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 91 employees, and Office and Administrative Support with 85 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Assistant professor
  2. Female Assistant professor
  3. Male Professor

In 2022, the most common demographic for instructional staff at Swarthmore College was Male Assistant professor with 52 employees, Female Assistant professor with 51 employees, and Male Professor with 42 employees.

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

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