2026 data College Scorecard official source

Affordable Alternatives to Bates College

Open-data reference.

We found 13 schools structurally similar to Bates College that cost less. 13 offer comparable or better earnings outcomes.

Your School

Bates College

Lewiston, Maine · Private Nonprofit

$29,351
Net Price
$69,498
Median Earnings (10yr)
13.3%
Acceptance Rate
90.1%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Bates College

Bates College posts an average net price of $29,351 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Bates College across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 13 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $15,981, achieved by Rice University at $13,370. Of greater interest to ROI-focused applicants: 13 of the 13 alternatives also report median 10-year earnings at or above Bates College’s $69,498, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $91,396.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

13
Alternatives Found
$15,981
Max Savings
13
Better Value Options
73%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. Washington and Lee Universit $95k 2. Wellesley College $85k 3. Bowdoin College $83k 4. Claremont McKenna College $105k 5. Williams College $89k Compared to Bates College: $69k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Washington and Lee University
Lexington, VA · Private Nonprofit Better Value
$23,781 -$5,570 $94,810 94.4% 73%
Wellesley College
Wellesley, MA · Private Nonprofit Better Value
$25,496 -$3,855 $84,803 91.4% 69%
Bowdoin College
Brunswick, ME · Private Nonprofit Better Value
$14,398 -$14,953 $82,735 95.4% 68%
Claremont McKenna College
Claremont, CA · Private Nonprofit Better Value
$28,849 -$502 $104,736 93.3% 67%
Williams College
Williamstown, MA · Private Nonprofit Better Value
$17,716 -$11,635 $88,665 95.1% 65%
Colgate University
Hamilton, NY · Private Nonprofit Better Value
$28,786 -$565 $85,139 90.9% 64%
Boston University
Boston, MA · Private Nonprofit Better Value
$24,402 -$4,949 $83,238 89.3% 47%
Washington University in St Louis
St. Louis, MO · Private Nonprofit Better Value
$21,786 -$7,565 $86,182 94.3% 45%
University of Notre Dame
Notre Dame, IN · Private Nonprofit Better Value
$26,780 -$2,571 $99,980 96.0% 42%
Northeastern University Oakland
Oakland, CA · Private Nonprofit Better Value
$25,181 -$4,170 $92,538 N/A 41%
Cornell University
Ithaca, NY · Private Nonprofit Better Value
$28,690 -$661 $104,043 95.3% 40%
Vanderbilt University
Nashville, TN · Private Nonprofit Better Value
$15,846 -$13,505 $91,565 93.1% 40%
Rice University
Houston, TX · Private Nonprofit Better Value
$13,370 -$15,981 $89,718 95.2% 40%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Bates College are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Bates College?
We found 13 schools similar to Bates College that cost less. The closest match is Washington and Lee University with 73% similarity and a net price of $23,781.
What is the ROI of attending Bates College?
Bates College has an average net price of $29,351. Graduates earn a median of $69,498 ten years after enrollment. The earnings-to-cost ratio is 2.4x.
Are there schools with better outcomes than Bates College for less money?
Yes — 13 of 13 alternatives offer comparable or higher median earnings at a lower net price. Washington and Lee University costs $23,781 (saving $5,570) with median earnings of $94,810.
What is the cheapest alternative to Bates College?
The most affordable similar school is Rice University at $13,370, saving $15,981 compared to Bates College. It has a 40% similarity score.
How do alternative schools' earnings compare?
The 13 alternatives have an average median earnings of $91,396 compared to Bates College's $69,498. On average, alternatives match or exceed this school's earnings. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.