Est. Earnings (1yr)
$63,649
Est. from MI median (3 programs)
Est. Median Debt
$16,875
Est. from national median (6 programs)

Analysis

Based on comparable programs in Michigan, this Statistics degree appears to position graduates in the middle of the state's range, with estimated first-year earnings of $63,649—matching what Michigan State graduates report and sitting close to Michigan's flagship university outcomes. The estimated debt load of $16,875 is notably lower than both the state median ($25,625) and national median ($20,150), creating a debt-to-earnings ratio of 0.27 that suggests manageable repayment.

The challenge here is that we're working entirely with estimates from peer institutions rather than Albion's actual graduate outcomes, which remain unpublished due to small sample sizes. Still, the numbers tell a reasonable story: statistics graduates from similar Michigan programs typically earn above the national median, and Albion's relatively modest estimated debt burden would represent less than four months of estimated gross income—a comfortable margin by most standards.

For parents evaluating this investment, the key question is whether Albion's smaller program size (which prevents data publication) offers advantages that justify choosing it over larger in-state options with proven track records. The math works if the earnings estimates hold true, but you're essentially betting on Albion matching the performance of its state peers without direct evidence to confirm it.

Where Albion College Stands

Earnings vs. debt across all statistics bachelors's programs nationally

Compare to Similar Programs in Michigan

Statistics bachelors's programs at peer institutions in Michigan (13 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Albion CollegeAlbion$55,746$63,649*$16,875*
University of Michigan-Ann ArborAnn Arbor$17,228$64,371*$98,758$23,250*0.36
Michigan State UniversityEast Lansing$15,988$63,649*$81,993$25,625*0.40
Grand Valley State UniversityAllendale$14,628$43,668*$65,601$27,000*0.62
National Median$59,718*$20,150*0.34
* Estimated from similar programs

Career Paths

Occupations commonly associated with statistics graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Actuaries

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

$125,770/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Mathematicians

Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

$104,350/yrJobs growth:Master's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 3 similar programs in MI. Actual outcomes may vary.