Analysis
In Michigan's quantitative business programs, outcomes vary by more than $15,000 at the starting line. Albion's estimated $63,700 first-year earnings—drawn from similar programs statewide—land right at Michigan's median but trail the stronger state performers like Oakland and Michigan State by nearly $6,000. For a small liberal arts college charging enough to generate roughly $24,800 in typical debt, that's a tighter margin than parents might expect from a field generally associated with strong analytical skills and employer demand.
The debt-to-earnings ratio of 0.39 sits in manageable territory, meaning graduates from comparable programs could theoretically pay off loans within a few years of disciplined budgeting. However, this assumes the state median holds true for Albion specifically. With 45% of students receiving Pell grants, many families here are counting on that first paycheck to make a real difference, and the estimated figures suggest outcomes closer to average than exceptional for Michigan's quantitative management programs.
The challenge is straightforward: you're looking at estimated numbers that could swing either direction once actual graduate outcomes emerge. If Albion's career services and alumni network can push graduates toward the higher end of Michigan's range, this becomes a solid investment. If outcomes trend toward programs like Northwood instead, that $25,000 debt burden grows heavier. Request placement data directly from Albion's business department before committing—where do their quantitative methods graduates actually land, and at what salaries?
Where Albion College Stands
Earnings vs. debt across all management sciences and quantitative methods bachelors's programs nationally
Compare to Similar Programs in Michigan
Management Sciences and Quantitative Methods bachelors's programs at peer institutions in Michigan (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $55,746 | $63,723* | — | $24,840* | — | |
| $14,694 | $69,446* | — | —* | — | |
| $15,988 | $69,443* | $74,432 | $23,250* | 0.33 | |
| $14,190 | $66,149* | $75,013 | $24,250* | 0.37 | |
| $14,944 | $61,297* | — | $25,500* | 0.42 | |
| $33,000 | $54,298* | — | —* | — | |
| National Median | — | $62,069* | — | $23,250* | 0.37 |
Career Paths
Occupations commonly associated with management sciences and quantitative methods graduates
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Statisticians
Biostatisticians
Financial Risk Specialists
Management Analysts
Operations Research Analysts
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 6 similar programs in MI. Actual outcomes may vary.