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working entirely with estimates from peer institutions rather than Albion's actual graduate outcomes, which remain unpublished due to small sample sizes.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)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $55,746 | $63,649* | — | $16,875* | — | |
| $17,228 | $64,371* | $98,758 | $23,250* | 0.36 | |
| $15,988 | $63,649* | $81,993 | $25,625* | 0.40 | |
| $14,628 | $43,668* | $65,601 | $27,000* | 0.62 | |
| National Median | — | $59,718* | — | $20,150* | 0.34 |
Career Paths
Occupations commonly associated with statistics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Survey Researchers
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.