Analysis
Looking at comparable business programs across Michigan, the estimated $22,581 in debt sits well below both the state median of $26,625 and the national figure of $26,000—a meaningful advantage for a private liberal arts college where students often carry higher borrowing loads. The estimated first-year earnings of nearly $50,000 align with Michigan's median for business bachelor's programs, suggesting Albion's graduates enter the job market on competitive footing despite the school's high acceptance rate.
The 0.45 debt-to-earnings ratio falls into comfortable territory—the kind of balance where loan payments won't dominate your child's early-career budget. With 45% of students receiving Pell grants, Albion appears to serve a broader economic range than many private colleges while keeping debt estimates reasonable. The school's estimated outcomes land right at state medians, which means graduates aren't necessarily catching the premium that top Michigan business programs like Oakland or Walsh deliver, but they're avoiding the debt trap that sometimes accompanies private college credentials.
The caveat: these figures come from peer institutions because Albion's own graduate cohort was too small to report publicly. That smaller program size could mean more personalized attention or simply less predictable outcomes. For families weighing the private college experience against cost, the estimated debt level makes this program financially viable if your child values Albion's broader liberal arts environment—just don't expect the earnings boost that Michigan's specialized business schools appear to generate.
Where Albion College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Compare to Similar Programs in Michigan
Business/Commerce bachelors's programs at peer institutions in Michigan (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $55,746 | $49,986* | — | $22,581* | — | |
| $14,694 | $56,118* | $56,029 | $27,250* | 0.49 | |
| — | $55,524* | $65,539 | $18,000* | 0.32 | |
| $24,842 | $53,495* | — | $19,161* | 0.36 | |
| $23,324 | $52,491* | $57,180 | $31,000* | 0.59 | |
| $58,764 | $47,481* | $64,986 | $26,000* | 0.55 | |
| National Median | — | $47,506* | — | $26,000* | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Albion College, approximately 45% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 8 similar programs in MI. Actual outcomes may vary.