Macalester College

www.macalester.edu

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2023 Undergraduate Tuition

$64,678

3.87% growth from 2022

2023 Average Net Price

$38,571

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

28.2%

8,099 Applicants

2023 Enrolled Students

2,142

98.5% Full-Time

2023 Graduation Rate

90.4%

490 Graduates

About

Macalester College is a higher education institution located in Ramsey County, MN. In 2023, the most popular Bachelors Degree concentrations at Macalester College were General Computer & Information Sciences (72 degrees awarded), General Mathematics (63 degrees), and Econometrics & Quantitative Economics (61 degrees).

In 2023, 684 degrees were awarded across all undergraduate and graduate programs at Macalester College. 54.1% of these degrees were awarded to women, and 45.9% awarded men. The most common race/ethnicity group of degree recipients was white (382 degrees), 6.47 times more than then the next closest race/ethnicity group, two or more races (59 degrees).

The median undergraduate tuition at Macalester College is $64,678, which is $35,398 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Macalester College was 0%, corresponding to 0 out of the 341 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Macalester College is $64,678, which is $35,398 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $38,571.

In 2023, 87% of undergraduate students attending Macalester College received financial aid through grants. Comparatively, 37% of undergraduate students received financial aid through loans.

Tuition Costs

$64,678

2023 Undergraduate Tuition

In 2023, the cost of tuition at Macalester College was $64,678. The cost of tuition at Macalester College is $35,398 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Macalester College (in red) with those of other similar universities.

Average Net Price

$38,571

2023 Value

6.86%

1 Year Growth

In 2023 Macalester College had an average net price — the price paid after factoring in grants and loans — of $38,571. Between 2022 and 2023, the average net price of Macalester College grew by 6.86%.

This chart compares the average net price of Macalester College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,000

Room and Board

$853

Books and Supplies

The average yearly cost of room and board at Macalester College was of $14,000 in 2023. The cost of room and board increased by 3.38% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $853. The cost of books and supplies increased by 3.14% during the same period.

This chart compares the average student costs at Macalester College (in red) with that of similar universities.

Financial Aid by Income Level

87%

Undergraduates Receiving Financial Aid through Grants

37%

Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at Macalester College received financial aid through grants or loans in 2023. This represents a growth of 2.35% with respect to 2022, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Macalester College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Macalester College was 0%, which represents 0 out of the 341 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Macalester College received 8,099 undergraduate applications in 2023, which represents a 3.97% annual growth. Out of those 8,099 applicants, 2,285 students were accepted for enrollment, representing a 28.2% acceptance rate.

There were 2,142 students enrolled at Macalester College in 2023. 30% of first-time enrollees submitted SAT scores with their applications.

Macalester College has an overall enrollment yield of 22.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

28.2%

Acceptance Rate in 2023

2,285

Accepted Out of 8,099

In 2023, the undergraduate acceptance rate of Macalester College was 28.2% (2,285 admissions from 8,099 applications). This is lower than the acceptance rate of 2022, which was 28.4%. Between 2022 and 2023, the number of applicants declined by 3.97%, while admissions declined by 4.67%.

This chart compares the acceptance rate of Macalester College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

30%

Submission Percentage (2023)

157

Scores Submitted (2023)

30% of enrolled first-time students at Macalester College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Macalester College had a total enrollment of 2,142 students in 2023. The full-time enrollment at Macalester College is 2,110 students and the part-time enrollment is 32. This means that 98.5% of students enrolled at Macalester College are enrolled full-time.

The enrolled student population at Macalester College, both undergraduate and graduate, is 51.5% White, 11.3% Hispanic or Latino, 8.5% Asian, 8.36% Two or More Races, 5.74% Black or African American, 0.233% Native Hawaiian or Other Pacific Islanders, and 0.187% American Indian or Alaska Native.

Students enrolled at Macalester College in full-time Undergraduate programs are most commonly White Female (29.9%), followed by White Male (23%) and Hispanic or Latino Female (6.86%).

Full-Time vs Part-Time Enrollment

98.5%

Full-Time Enrollment

The total enrollment at Macalester College in 2023, both undergraduate and graduate, is 2,142 students. The full-time enrollment at Macalester College is 2,110 and the part-time enrollment is 32. This means that 98.5% of students enrolled at Macalester College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Macalester College (in red) compares to similar universities.

Retention Rate over Time

95%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Macalester College was 95%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Macalester College had a retention rate higher than its peers.

This chart shows the retention rate over time at Macalester College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,104 enrolled students
Hispanic or Latino
241 enrolled students
Asian
182 enrolled students

The enrolled student population at Macalester College is 51.5% White, 11.3% Hispanic or Latino, 8.5% Asian, 8.36% Two or More Races, 5.74% Black or African American, 0.233% Native Hawaiian or Other Pacific Islanders, and 0.187% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 14 students (0.654%) did not report their race.

Graduates

In 2023, 56 more women than men received degrees from Macalester College. The most common race/ethnicity group of degree recipients at Macalester College is white (382 degrees awarded). There were 6.47 times more white recipients than the next closest race/ethnicity group, two or more races (59 degrees).

The most common Bachelor's Degree concentration at Macalester College is General Computer & Information Sciences (72 degrees awarded), followed by General Mathematics (63 degrees) and Econometrics & Quantitative Economics (61 degrees).

In 2023, the most specialized majors across all degree types at Macalester College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Math & Statistics (63 degrees awarded), Language & Linguistics (37 degrees), and Philosophy and Religious Studies (21 degrees).

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Macalester College are Postsecondary teachers (169,512 people), Other managers (146,009 people), Software developers (115,750 people), Secondary school teachers (109,736 people), and Elementary & middle school teachers (89,797 people).

The most specialized majors at Macalester College in 2023 are Math & Statistics (63 degrees awarded), Language & Linguistics (37 degrees), Philosophy and Religious Studies (21 degrees), Natural Resources & Conservation (31 degrees), and Physical Sciences (46 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Macalester College are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Macalester College are Math & Statistics (63 degrees awarded), Language & Linguistics (37 degrees), Philosophy and Religious Studies (21 degrees), Natural Resources & Conservation (31 degrees), and Physical Sciences (46 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Macalester College are Elementary & secondary schools (331,547 people), Colleges, universities & professional schools, including junior colleges (312,024 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (192,907 people), Computer Systems Design (180,316 people), and Scientific research & development services (89,102 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Macalester College.

Most Common (2023)

General Computer & Information Sciences
72 degrees awarded
General Mathematics
63 degrees awarded
Econometrics & Quantitative Economics
61 degrees awarded

In 2023, the most common bachelors degree concentration at Macalester College was General Computer & Information Sciences with 72 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Macalester College according to their major.

Sex Breakdown for Common Majors

314

Degrees Awarded to Men

in 2023

370

Degrees Awarded to Women

in 2023

In 2023, 314 degrees were awarded to men at Macalester College, which is 0.849 times less than the number of degrees awarded to females (370).

This chart displays the sex disparity between the top 5 majors at Macalester College by degrees awarded.

Most Common Male Majors

In 2023, 47 degrees were awarded to men at Macalester College in General Computer & Information Sciences, which is 1.88 times more than the 25 female recipients with that same degree.

Most Common Female Majors

In 2023, 39 degrees were awarded to men at Macalester College in General Biological Sciences, which is 3.9 times more than the 10 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

90%

150% Completion Time

In 2023, 85% of students graduating from Macalester College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 90% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Macalester College is Male and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
382 degrees awarded
Two or More Races
59 degrees awarded
Hispanic or Latino
50 degrees awarded

The most common race/ethnicity at Macalester College is white (382 degrees awarded). There were 6.47 times more white recipients than the next closest race/ethnicity group, two or more races (59 degrees).

0.292% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
206 degrees awarded
White Male
176 degrees awarded
Two or More Races Female
34 degrees awarded

The most common race/ethnicity and sex grouping at Macalester College is white female (206 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white male (176 degrees).

Operations

Macalester College has an endowment valued at nearly $835M, as of the end of the 2023 fiscal year. The return on its endowment was of 6.44M (0.771%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Macalester College had a total salary expenditure of 134M. Macalester College employs 77 Professors, 46 Associate professors and 40 Assistant professors. Most academics at Macalester College are Male Professor (42), Female Professor (35), and Female Assistant professor (27).

The most common positions for non-instructional staff at Macalester College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 87 employees, Management, with 75 employees, and Office and Administrative Support with 62 employees.

Endowment

$835M

2023 Endowment

3.85%

decline from 2022

Macalester College has an endowment valued at about $835M, as of the end of the 2023 fiscal year. The endowment of Macalester College declined 3.85% from the previous year. The value of their endowment was $783M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Macalester College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$56.2M

2023 Salaries

2.08%

growth from 2022

In 2023, Macalester College paid a median of $56.2M in salaries, which represents 42% of their overall expenditure ($134M) and a 2.08% growth from the previous year. This is compared to a 4.79% growth between 2021 and 2022, and a 0.673% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$21M

Instructional Salaries

200

Number of Employees

In 2023, Macalester College paid a total of $21M to 200 employees working as instructors, which represents 37.4% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

77 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

87 Employees

In 2023, the most common positions for instructional staff at Macalester College were Professor with 77 employees, Associate professor with 46 employees, and Assistant professor with 40 employees.

In 2023, the most common positions for non-instructional staff at Macalester College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 87 employees, Management with 75 employees, and Office and Administrative Support with 62 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Macalester College was Male Professor with 42 employees, Female Professor with 35 employees, and Female Assistant professor with 27 employees.

This chart shows the sex split between each academic rank present at Macalester College.

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