Median Earnings (1yr)
$45,983
81st percentile (60th in MI)
Median Debt
$29,062
12% above national median
Debt-to-Earnings
0.63
Manageable
Sample Size
23
Limited data

Analysis

Alma College produces teachers who start strong—first-year earnings of $46,000 place graduates in the 81st percentile nationally and above the Michigan median. The debt picture looks manageable too, with typical borrowing around $29,000 (lower than 90% of similar programs nationwide). That's a 0.63 debt-to-earnings ratio, meaning graduates could reasonably handle their loans on a teacher's starting salary.

The puzzle here is what happens after year one. Earnings drop to $41,700 by year four, a 9% decline that's unusual even in teaching, where salaries typically grow slowly but steadily. With only a small cohort tracked, this could reflect a few graduates leaving the classroom, moving to different districts, or taking time off—not necessarily a pattern future students should expect. It's worth noting that Michigan teaching salaries vary widely by district, and career trajectories can be volatile in those early years.

For families considering Alma's education program, the fundamentals look solid: competitive starting salaries, reasonable debt, and outcomes that beat most peer institutions in Michigan. Just understand that the small sample size makes these numbers less reliable than data from larger programs, and that four-year salary isn't necessarily the ceiling for a teaching career—it's simply one snapshot in time.

Where Alma College Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally

Alma CollegeOther teacher education and professional development, specific levels and methods programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Alma College graduates compare to all programs nationally

Alma College graduates earn $46k, placing them in the 81th percentile of all teacher education and professional development, specific levels and methods bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Michigan (30 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Alma College$45,983$41,720$29,0620.63
Wayne State University$47,939$41,706$31,0000.65
Cornerstone University$45,753$39,879$27,0000.59
Calvin University$45,751$42,024$19,5000.43
Aquinas College$45,713—$28,0000.61
University of Michigan-Ann Arbor$45,522$45,900$16,3350.36
National Median$41,809—$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Wayne State University
Detroit
$14,297$47,939$31,000
Cornerstone University
Grand Rapids
$29,100$45,753$27,000
Calvin University
Grand Rapids
$38,670$45,751$19,500
Aquinas College
Grand Rapids
$38,520$45,713$28,000
University of Michigan-Ann Arbor
Ann Arbor
$17,228$45,522$16,335

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 Alma College, approximately 21% 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.

Sample Size: Based on 23 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.