2026 data College Scorecard official source

Affordable Alternatives to Colgate University

Open-data reference.

We found 15 schools structurally similar to Colgate University that cost less. 8 offer comparable or better earnings outcomes.

Your School

Colgate University

Hamilton, New York · Private Nonprofit

$28,786
Net Price
$85,139
Median Earnings (10yr)
13.9%
Acceptance Rate
90.9%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Colgate University

Colgate University posts an average net price of $28,786 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 Colgate University across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $15,648, achieved by University of Michigan-Ann Arbor at $13,138. Of greater interest to ROI-focused applicants: 8 of the 15 alternatives also report median 10-year earnings at or above Colgate University’s $85,139, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $86,571.

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

15
Alternatives Found
$15,648
Max Savings
8
Better Value Options
91%
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. Wellesley College $85k 2. Davidson College $81k 3. Williams College $89k 4. Bowdoin College $83k 5. Washington and Lee Universit $95k Compared to Colgate University: $85k.

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
Wellesley College
Wellesley, MA · Private Nonprofit
$25,496 -$3,290 $84,803 91.4% 91%
Davidson College
Davidson, NC · Private Nonprofit
$17,379 -$11,407 $81,400 91.5% 82%
Williams College
Williamstown, MA · Private Nonprofit Better Value
$17,716 -$11,070 $88,665 95.1% 76%
Bowdoin College
Brunswick, ME · Private Nonprofit
$14,398 -$14,388 $82,735 95.4% 74%
Washington and Lee University
Lexington, VA · Private Nonprofit Better Value
$23,781 -$5,005 $94,810 94.4% 73%
Washington University in St Louis
St. Louis, MO · Private Nonprofit Better Value
$21,786 -$7,000 $86,182 94.3% 63%
Boston University
Boston, MA · Private Nonprofit
$24,402 -$4,384 $83,238 89.3% 63%
Johns Hopkins University
Baltimore, MD · Private Nonprofit Better Value
$18,809 -$9,977 $87,555 94.2% 56%
Manhattan University
Riverdale, NY · Private Nonprofit Better Value
$27,256 -$1,530 $86,316 64.8% 55%
University of Portland
Portland, OR · Private Nonprofit
$28,210 -$576 $82,804 80.1% 55%
Northeastern University Oakland
Oakland, CA · Private Nonprofit Better Value
$25,181 -$3,605 $92,538 N/A 54%
Rice University
Houston, TX · Private Nonprofit Better Value
$13,370 -$15,416 $89,718 95.2% 54%
University of Michigan-Ann Arbor
Ann Arbor, MI · Public
$13,138 -$15,648 $83,648 93.2% 54%
Illinois Institute of Technology
Chicago, IL · Private Nonprofit
$18,425 -$10,361 $82,592 74.0% 54%
Vanderbilt University
Nashville, TN · Private Nonprofit Better Value
$15,846 -$12,940 $91,565 93.1% 52%

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 Colgate University 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 Colgate University?
We found 15 schools similar to Colgate University that cost less. The closest match is Wellesley College with 91% similarity and a net price of $25,496.
What is the ROI of attending Colgate University?
Colgate University has an average net price of $28,786. Graduates earn a median of $85,139 ten years after enrollment. The earnings-to-cost ratio is 3.0x.
Are there schools with better outcomes than Colgate University for less money?
Yes — 8 of 15 alternatives offer comparable or higher median earnings at a lower net price. Williams College costs $17,716 (saving $11,070) with median earnings of $88,665.
What is the cheapest alternative to Colgate University?
The most affordable similar school is University of Michigan-Ann Arbor at $13,138, saving $15,648 compared to Colgate University. It has a 54% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $86,571 compared to Colgate University's $85,139. 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.