Bowdoin College combines highly selective admissions with exceptional return on investment performance. The institution ranks at the 97.2nd percentile for return while generating $13,952 in earnings beyond expectations, demonstrating how selective liberal arts education can deliver strong economic outcomes alongside controlled debt levels.
Among the highest we track, driven by strong earnings outcomes relative to educational investment and controlled debt levels
Around the national average, reflecting the high sticker price typical of elite private institutions balanced by generous financial aid
Above average, reflecting the institution's enrollment of students from diverse backgrounds despite high selectivity
Also above average, indicating the college serves students seeking economic advancement
Percentile rankings vs 1,600+ peer institutions. Higher is better.
Full AnalysisBowdoin College delivers exceptional earnings outcomes relative to its liberal arts focus and student demographics. Graduates earn a median of $82,735 ten years after enrollment, ranking in the 95th percentile nationally and representing top-tier performance among undergraduate institutions.
Earnings range from $50,534 at the 25th percentile to $126,498 at the 75th percentile, reflecting the broad career paths available to liberal arts graduates. The institution generates $13,952 in earnings beyond expectations, placing it at the 90.1st percentile nationally on this measure and demonstrating significant value creation.
Students seeking exceptional return on investment at a highly selective liberal arts college. Best suited for those who can navigate competitive admission (8% acceptance rate) and want strong long-term earnings outcomes despite choosing traditional liberal arts fields.
The college's excellent return performance makes it ideal for students prioritizing economic outcomes alongside academic prestige.
This school profile was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid. Data sourced from College Scorecard.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
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This is the Bowdoin College hub overview page. For comprehensive institutional data including detailed charts and metrics, visit the full analysis at /school/bowdoin-college/analysis.
Among the highest return on investment nationally
Bowdoin College ranks #171 nationally in Azimuth's institutional analysis, with return performance at the 97.2nd percentile, among the highest we track. Located in Brunswick, Maine, this small private nonprofit college maintains highly selective admission standards with an 8% acceptance rate while delivering exceptional post-graduation economic outcomes.
The institution enrolls 16.1% Pell-eligible students and 18.8% first-generation students, reflecting a student body that skews toward higher-income families despite strong institutional financial aid. Graduates earn $13,952 beyond expectations relative to similar students, ranking at the 90.1st percentile nationally for earnings uplift.
Median earnings reach $82,735 ten years after enrollment, placing Bowdoin in the 95th percentile for long-term earnings outcomes. Compared to a peer median of $50,412, graduates earn $32,323 more annually, demonstrating the institution's ability to translate selective liberal arts education into sustained economic advantage.
Bowdoin College admits approximately 8% of applicants, meaning roughly 1 in 12 applicants receives an offer of admission. This places Bowdoin among the most selective liberal arts colleges in the United States, within the Most Selective tier for institutions admitting fewer than 10% of applicants.
The peer median admission rate of 75.6% highlights the stark difference between Bowdoin's selectivity and typical four-year institutions, with the college being nearly 68 percentage points more selective than comparable schools. Even among elite private liberal arts colleges, Bowdoin's acceptance rate places it in highly competitive territory.
This level of selectivity means that even exceptionally qualified students—those with outstanding test scores, excellent grades, and strong extracurricular achievements—face significant uncertainty in the admission process. Many students who would thrive at Bowdoin do not receive admission simply due to the volume of highly qualified applicants competing for limited spaces.
For this reason, students considering Bowdoin should build comprehensive college lists that include institutions with higher acceptance rates but comparable academic quality and post-graduation outcomes. Treating Bowdoin as a reach school regardless of qualifications represents sound application strategy, given the mathematical reality of highly selective admission processes.
Based on federal data for students receiving aid. Actual costs may vary.
Bowdoin College's published cost of attendance reaches $80,390 per year, including $64,910 in tuition, $17,690 for room and board, and $840 for books and supplies. However, the average student pays significantly less after financial aid, with a net price of $20,786 representing a financial aid savings of $59,604 annually.
This substantial aid reduces the effective cost by 74% from the sticker price, making the institution more accessible than the published figures suggest. Compared to peer institutions with a median net price of $21,812, Bowdoin's net cost runs $1,026 below the peer average, indicating competitive pricing within its selectivity tier.
The net price varies dramatically by family income, ranging from $3,275 for the lowest-income families to $42,867 for the highest-income families, demonstrating the college's commitment to income-based financial aid. This pricing structure reflects Bowdoin's strategy of using substantial endowment resources to reduce costs for families across income levels while maintaining the revenue needed to support its academic programs and campus operations.
For prospective students, the key consideration becomes qualifying family income rather than the sticker price, as financial aid significantly alters the actual cost of attendance.
Bowdoin College graduates demonstrate robust earnings growth over their early-to-mid career trajectory. Median earnings rise from $61,692 six years after enrollment to $79,520 at eight years and $82,735 at ten years, representing 34.1% growth from the six-year mark.
These outcomes are based on a ten-year cohort of 146 graduates, providing solid confidence in the reported figures despite the institution's small size. Graduates earn $13,952 beyond expectations compared to similar students nationally, placing Bowdoin at the 90.1st percentile for earnings uplift and reflecting exceptional value creation.
The college significantly outperforms peer institutions, with graduates earning $32,323 more annually than the peer median of $50,412. Earnings distribution spans from $50,534 at the 25th percentile to $126,498 at the 75th percentile, demonstrating meaningful upside potential despite the institution's liberal arts focus.
Approximately 16.3% of graduates continue to graduate or professional study, indicating balanced preparation for both workforce entry and advanced education pathways.
Computer Science.
25 graduates
Applied Economics.
63 graduates
American Government and Politics (United States).
83 graduates
Algebra and Number Theory.
45 graduates
African Studies.
58 graduates
Bowdoin College offers 10 bachelor's degree programs with sufficient federal earnings data for ranking analysis. Computer Science ranks #73 nationally and #1 in Maine, producing 25 graduates with exceptional median earnings of $128,937 and a value score of 60.7.
Applied Economics ranks #65 nationally and #2 in Maine, graduating 63 students with strong median earnings of $88,368 and a value score of 68.3. American Government and Politics ranks #30 nationally and #1 in Maine, graduating the largest cohort of 83 students with median earnings of $69,008 and an outstanding value score of 90.1.
Mathematics (Algebra and Number Theory) ranks #58 nationally and #1 in Maine, with 45 graduates earning $67,101. African Studies ranks #21 nationally and #1 in Maine, graduating 58 students with median earnings of $42,123.
The college demonstrates particular strength in its flagship programs, with all tracked majors ranking #1 or #2 within Maine, reflecting the institution's academic leadership within the state.
Consider these schools with similar outcomes but higher acceptance rates:
| School | State | Accept Rate | Median Earnings | |
|---|---|---|---|---|
Maine Maritime Academy Higher acceptance rate (53.4 percentage points higher) and located 66 miles away; similar graduate earnings | ME | 61% | $89,964 | Compare |
Binghamton University Higher acceptance rate (29.7 percentage points higher) with similar program focus; similar graduate earnings | NY | 38% | $80,596 | Compare |
University Of Maryland-College Park Higher acceptance rate (36.8 percentage points higher) with similar program focus; similar graduate earnings | MD | 45% | $82,860 | Compare |
Colby College Same state (48 miles away) with nearly identical earnings and similar program focus; same institution type | ME | 7% | $80,490 | Compare |
Bates College Same state (18 miles away) (earnings difference: 16%) and similar program focus; same institution type | ME | 13% | $69,498 | Compare |
Peer institutions with comparable quality and outcomes:
| School | State | Accept Rate | Median Earnings | Rank | |
|---|---|---|---|---|---|
Amherst College Similar quality tier in Northeast (#177 ranked) | MA | 10% | $77,644 | #177 | Compare |
Williams College Similar quality tier in Northeast (#185 ranked) | MA | 10% | $88,665 | #185 | Compare |
Saint Xavier University Similar quality tier (#189 ranked) | IL | 86% | $58,656 | #189 | Compare |
Swarthmore College Similar quality tier in Northeast (#190 ranked) | PA | 7% | $80,257 | #190 | Compare |
Wellesley College Similar quality tier in Northeast (#202 ranked) | MA | 14% | $84,803 | #202 | Compare |