Median Earnings (1yr)
$20,395
5th percentile (10th in FL)
Median Debt
$15,314
43% below national median
Debt-to-Earnings
0.75
Manageable
Sample Size
41
Adequate data

Analysis

New College's liberal arts program starts graduates at just $20,395—landing in the bottom 10th percentile among Florida liberal arts programs and the 5th percentile nationally. That first-year figure is roughly half what graduates from similar programs across Florida earn ($35,361 median) and dramatically trails public peers like UCF ($48,391) and USF ($45,230). While the moderate sample size warrants some caution, these are concerning numbers.

The program does show strong earnings recovery, with income nearly doubling to $37,472 by year four. That growth pattern suggests delayed career momentum rather than a weak degree, and the relatively low debt burden of $15,314 prevents this from becoming a financial disaster. Still, even after that dramatic climb, graduates remain below both state and national medians, and that's four years of earning substantially less than peers elsewhere.

For families considering this program, the question is whether New College's distinctive approach—small classes, self-directed study—justifies starting your career making $15,000-$20,000 less than graduates from comparable Florida schools. The low debt helps, but the earnings gap is too wide to ignore. Unless there are compelling personal fit reasons, Florida families have stronger public options for liberal arts education.

Where New College of Florida Stands

Earnings vs. debt across all liberal arts and sciences, general studies and humanities bachelors's programs nationally

New College of FloridaOther liberal arts and sciences, general studies and humanities 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 New College of Florida graduates compare to all programs nationally

New College of Florida graduates earn $20k, placing them in the 5th percentile of all liberal arts and sciences, general studies and humanities 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 Florida

Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in Florida (41 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New College of Florida$20,395$37,472$15,3140.75
University of Miami$50,614$51,653$28,5900.56
University of Central Florida$48,391$47,044$15,1350.31
Barry University$46,015$40,411$46,4291.01
University of South Florida$45,230$45,069$30,6760.68
Saint Leo University$40,874$45,963$30,6240.75
National Median$36,340—$27,0000.74

Other Liberal Arts and Sciences, General Studies and Humanities Programs in Florida

Compare tuition, earnings, and debt across Florida schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Miami
Coral Gables
$59,926$50,614$28,590
University of Central Florida
Orlando
$6,368$48,391$15,135
Barry University
Miami
$33,450$46,015$46,429
University of South Florida
Tampa
$6,410$45,230$30,676
Saint Leo University
Saint Leo
$28,360$40,874$30,624

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 New College of Florida, approximately 30% 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 41 graduates with reported earnings and 47 graduates with debt data. Small samples may not be representative.