Is Claremont McKenna a Good School for the Money?
Claremont McKenna College Value Report
What is a Claremont McKenna degree worth? College Factual's value analysis compares Claremont McKenna with other schools of similar quality to see if it's priced fairly.
Within California, Claremont McKenna is a Great Quality for a Fair Price.
Claremont McKenna College is ranked #5 out of #116 in California for quality and #40 out of #90 for California value.
This makes it a great quality for a fair price in the state.
Live in-state? You may qualify for a reduced price. Check the Claremont McKenna financial aid page to be sure.
Fair Value Nationwide
Claremont McKenna College is ranked #749 out of 1,472 for value nationwide.
Claremont McKenna College provides the kind of quality education we anticipated when compared to other colleges at the same price point. Based on this information we believe it is priced fairly for the type of education provided.
Prices of Institutions with Similar Quality Scores
| School | Total Price | Value Grade |
|---|---|---|
| Davidson College | $164,912 | A- |
| Olin College | $168,639 | B+ |
| Vanderbilt University | $183,793 | B |
| Swarthmore College | $190,680 | B |
| Washington and Lee University | $201,273 | B- |
| Hamilton College | $201,717 | B- |
| Johns Hopkins University | $219,284 | C |
| Harvey Mudd College | $228,917 | C |
| University of Chicago | $230,859 | C |
| Claremont McKenna College | $236,131 | C |
| Washington University in St Louis | $241,044 | C |
*Total price is determined by multiplying average annual cost by time to graduate.
That Degree May Cost You $236,131 in Total
The average Claremont McKenna student's degree will cost an estimated $236,131. This is based on an average price (with and without aid) of $57,593 and a typical 4.1 years to graduate.
| Amount | |
|---|---|
| Average Yearly Cost | $57,593 |
| Average Years to Graduate | 4.1 |
| Estimated Avg Total Cost of Degree | $236,131 |
Many Factors Affect Net Price
Consider the average Claremont McKenna student takes 4.1 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your Claremont McKenna degree may cost less than average.
Does This School Make Financial Sense To You?
Most students will not pay the full sticker price and few students fit perfectly into averages.
Look at the table below to get a sense of how Claremont McKenna value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $313,548 | #719 | C |
| All Students | $236,131 | #749 | C |
| Only Students Receiving Aid | $141,512 | #228 | A- |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $313,548 | #38 | C+ |
| All Students | $236,131 | #40 | C+ |
| Only Students Receiving Aid | $141,512 | #26 | B |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of California.
About 57% of Claremont McKenna students receive financial aid. Get more details on what Claremont McKenna financial aid you may qualify for.
How to Calculate Value
College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
References
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Image Credit: By Improve917 under License
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College Factual's Best for the Money Ranking Methodology.
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