Economic diversity and student outcomes at Babson (2024)

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JAN. 18, 2017

School type: Highly selective private
Class size*: 345
Athletic Conference: New England Women's and Men's Athletic Conference; Note: because of the way some colleges report tax data, this page includes data from 0 colleges. A full list is below.

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Economic diversity and student outcomes at

Wellesley, Massachusetts

The median family income of a student from Babson is $121,200, and 54% come from the top 20 percent. About 2.8% of students at Babson came from a poor family but became a rich adult.

A new study, based on millions of anonymous tax records, shows that some colleges are even more economically segregated than previously understood, while others are associated with income mobility.

Below, estimates of how Babson compares with its peer schools in economic diversity and student outcomes.

AccessWhat kind of students attend Babson

Among the lowest About typical Among the highest

		In the NEWMAC	In Massachusetts	Among Highly selective private colleges
Median family income	$121,200
Average income percentile	73rd
Share of students from top 0.1%	3.2%
...from top 1%	10%
...from top 5%	27%
...from top 10%	41%
...from top 20%	54%
...from bottom 20%	7.8%

OutcomesHow Babson students fare later in life

Among the lowest About typical Among the highest

		In the NEWMAC	In Massachusetts	Among Highly selective private colleges
Median individual income at age 34	$95,300
...for men	$105,700
...for women	$77,200
Average income percentile	81st
Share who end up in the top 1%	18%
...in the top 5%	47%
...in the top 10%	61%
...in the top 20%	74%
...in the bottom 20%	8.5%
Avg. income percentile of a poor student	77th
...of a rich student	81st
Pct. married in 2014	61%

MobilityShare of students at Babson who ...

Among the lowest About typical Among the highest

		In the NEWMAC	In Massachusetts	Among Highly selective private colleges
Moved up two or more income quintiles	16%
Moved from the bottom to top income quintile	2.8%

College by collegeComparing Babson with its peers

Compare to:

Massachusetts colleges
Highly selective private colleges
NEWMAC colleges
All colleges

Median parent income

For students born in 1991, approximately the class of 2013, in 2015 dollars.

52nd out of 71 Highly selective private colleges

No data available for Babson.

No. 32 Boston University $141,000 No. 33 Saint Olaf $140,400 No. 34 Puget Sound $138,500 No. 35 Sarah Lawrence $137,000 No. 36 Kalamazoo $136,600 No. 37 Westmont $136,100 No. 38 Bard $134,400 No. 39 St. Lawrence $133,900 No. 40 Illinois Wesleyan $132,600 No. 41 Centre College of Kentucky $130,700 No. 41 Worcester Polytechnic Institute $130,700 No. 43 Pepperdine $128,700 No. 44 Lawrence University of Wisconsin $127,800 No. 45 Baylor $127,500 No. 46 Tulsa $125,600 No. 47 Southwestern University $125,000 No. 48 St. John's College $124,700 No. 49 Rollins $123,400 No. 49 Augustana (Ill.) $123,400 No. 51 Hendrix $122,600 No. 52 Babson $121,200 No. 52 Wheaton (Mass.) $121,200 No. 54 Grinnell $119,700 No. 55 Smith College $116,500 No. 56 Loyola Chicago $116,200 No. 57 Bennington $116,100 No. 58 Stevens $115,400 No. 59 Clark $114,600 No. 60 Syracuse $113,800 No. 61 Hampshire $113,500 No. 62 Beloit $110,900 No. 63 Mount Holyoke $110,400 No. 64 Knox $106,200 No. 65 Austin $102,700 No. 66 Gustavus Adolphus $101,800 No. 67 Illinois Institute of Technology $99,100 No. 68 Loyola New Orleans $96,300 No. 69 Milwaukee School of Engineering $93,600 No. 70 Kettering $92,700 No. 71 Agnes Scott $63,600

Chance a poor student has to become a rich adult

The share of children who were from the bottom fifth of incomes as students and moved to the top fifth as adults.

2nd out of 71 Highly selective private colleges

No data available for Babson.

No. 1 Kettering 75% No. 2 Babson 68% No. 3 Worcester Polytechnic Institute 68% No. 4 Stevens 62% No. 5 Santa Clara 62% No. 6 Bentley 61% No. 7 Illinois Institute of Technology 61% No. 8 Rhodes 58% No. 9 Trinity College (Conn.) 55% No. 10 Dickinson 54% No. 11 Illinois Wesleyan 54% No. 12 Fordham 52% No. 13 Syracuse 52% No. 14 Boston University 50% No. 15 Milwaukee School of Engineering 50% No. 16 Quinnipiac 49% No. 17 Trinity University 48% No. 18 Northeastern 47% No. 19 Augustana (Ill.) 47% No. 20 University of San Diego 47% No. 21 Muhlenberg 47%

Highest

Kettering 75%

Lowest (No. 71)

Bennington 10%

Compare to:

Massachusetts colleges
Highly selective private colleges
NEWMAC colleges
All colleges

Median student income at age 34

Incomes continue to grow, but the relative ranks remain roughly stable after this age.

1st out of 71 Highly selective private colleges

No data available for Babson.

No. 1 Babson $95,300 No. 2 Stevens $92,100 No. 3 Kettering $85,400 No. 4 Worcester Polytechnic Institute $85,200 No. 5 Bentley $79,800 No. 6 Milwaukee School of Engineering $72,700 No. 7 Santa Clara $72,500 No. 8 Illinois Institute of Technology $72,300 No. 9 Loyola Maryland $69,800 No. 10 Trinity College (Conn.) $67,300 No. 11 Union College (N.Y.) $66,600 No. 12 Providence $66,300 No. 13 Fordham $63,300 No. 14 Boston University $62,000 No. 15 Northeastern $61,800 No. 16 University of San Diego $61,200 No. 17 Syracuse $61,100 No. 18 Marquette $60,100 No. 18 Muhlenberg $60,100 No. 20 Quinnipiac $60,000

Overall mobility index

This measure reflects both access and outcomes, representing the likelihood that a student at Babson moved up two or more income quintiles.

14th out of 71 Highly selective private colleges

No data available for Babson.

No. 1 Stevens 29% No. 2 Illinois Institute of Technology 25% No. 3 Milwaukee School of Engineering 24% No. 4 Kettering 24% No. 5 Worcester Polytechnic Institute 20% No. 6 Loyola Chicago 20% No. 7 Northeastern 19% No. 8 Fordham 19% No. 9 Bentley 19% No. 10 Tulsa 18% No. 11 Syracuse 17% No. 12 Clark 17% No. 13 Austin 17% No. 14 Babson 16% No. 15 Boston University 15% No. 16 Pepperdine 15% No. 17 Mount Holyoke 15% No. 18 St. Lawrence 15% No. 19 University of San Diego 15% No. 20 Chapman 15% No. 21 Loyola New Orleans 15% No. 22 Union College (N.Y.) 14% No. 23 Rollins 14% No. 24 St. John's College 14% No. 25 Agnes Scott 14% No. 26 Hendrix 14% No. 27 Smith College 14% No. 28 Knox 14% No. 29 Santa Clara 14% No. 30 Pitzer 13% No. 31 Southern Methodist 13% No. 32 Centre College of Kentucky 13% No. 33 American 13%

Highest

Stevens 29%

Lowest (No. 71)

Sarah Lawrence 6.3%

Compare to:

Massachusetts colleges
Highly selective private colleges
NEWMAC colleges
All colleges

Married in 2014

For students born between 1980-82, roughly the college class of 2002.

29th out of 71 Highly selective private colleges

No data available for Babson.

No. 9 Wofford 68% No. 10 Texas Christian 68% No. 11 Saint Olaf 68% No. 12 Kettering 68% No. 13 Marquette 67% No. 14 University of the South 66% No. 15 Providence 66% No. 16 Muhlenberg 66% No. 17 Loyola Maryland 65% No. 18 Milwaukee School of Engineering 65% No. 19 Southwestern University 64% No. 20 Gonzaga 64% No. 21 Gettysburg 64% No. 22 Elon 63% No. 23 Rhodes 63% No. 24 Trinity University 63% No. 25 Union College (N.Y.) 62% No. 26 Quinnipiac 62% No. 27 Bentley 62% No. 28 Austin 62% No. 29 Babson 61% No. 30 Santa Clara 61% No. 31 University of San Diego 61% No. 32 Dickinson 61% No. 33 Kalamazoo 60% No. 34 Tulsa 60% No. 35 Illinois Institute of Technology 60% No. 36 Denison 59% No. 37 Stevens 59% No. 38 Southern Methodist 59% No. 39 Pepperdine 59% No. 40 Lawrence University of Wisconsin 59% No. 41 Worcester Polytechnic Institute 57% No. 42 St. Lawrence 57% No. 43 Puget Sound 57% No. 44 Chapman 56% No. 45 Knox 56% No. 46 Colorado College 56% No. 47 Syracuse 55% No. 48 Loyola Chicago 54%

Highest

Wheaton (Ill.) 74%

Lowest (No. 71)

Sarah Lawrence 36%

Family income vs. student income at age 34

The chart below shows how Babson and its peer schools are comparing with the remaining schools analyzed in the study. You can click on any point in the chart to navigate to that school.

How access at Babson has changed

Peer schools are shown in yellow

Students from...

Bottom 60%

Top 20%

Top 10%

Top 1%

Note: Babson College includes data for the following colleges:

The estimates presented here are based on millions of anonymous tax filings and tuition records. These statistics cover only schools that participate in Title IV federal funding, which excludes the military academies and certain other colleges.

Measures of access are for students born in 1991, roughly the class of 2013; measures of outcomes and mobility are for students born between 1980 and 1982, who are around age 35, when relative income ranks stabilizes.

Class size figures represent the number of students in the study who were born in 1991: approximately the class of 2013 or today's 25-year-olds. This measure does not include international students or students who could not be linked to their parents' tax returns.

The athletic conferences listed here are meant to be a helpful way to compare colleges with their peers. They are incomplete for some conferences. Only one conference is displayed for each college.

Source: “Mobility Report Cards: The Role of Colleges in Intergenerational Mobility”, by Raj Chetty, John Friedman, Emmanuel Saez, Nicholas Turner and Danny Yagan, The Equality of Opportunity Project

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FAQs

Economic diversity and student outcomes at Babson? ›

Babson College. The median family income of a student from Babson is $121,200, and 54% come from the top 20 percent. About 2.8% of students at Babson came from a poor family but became a rich adult.

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What is the diversity of Babson students? ›

Enrollment by Race & Ethnicity

The enrolled student population at Babson College (164580) is 30.7% White, 12.1% Hispanic or Latino, 10.7% Asian, 3.61% Black or African American, 2.13% Two or More Races, 0.125% American Indian or Alaska Native, and 0.0251% Native Hawaiian or Other Pacific Islanders.

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What kind of students does Babson look for? ›

Average GPA: 3.86

With a GPA of 3.86, Babson College requires you to be near the top of your class, and well above average.

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What is so special about Babson College? ›

Babson graduates bring entrepreneurial thinking and leadership skills to a variety of industries and businesses, from startups to nonprofits. Our students are highly pursued upon graduation because Babson prepares them to be sharp, driven, agile leaders who strive to be innovative and generate long-lasting solutions.

What majors is Babson College known for? ›

With undergraduate classes that cover the liberal arts and sciences, sustainability, entrepreneurship technology, art and history, and, of course, business courses for entrepreneurs, your Babson degree will set you up to be an entrepreneurial leader in your chosen field.

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Are Babson students wealthy? ›

The median family income of a student from Babson is $121,200, and 54% come from the top 20 percent.

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What is the Babson College controversy? ›

Alleging Discrimination, Entrepreneurship Prof Sues Babson College. From Boston: An Indian-origin associate professor at Babson College's F.W. Olin Graduate School of Business has filed a lawsuit alleging that she was subjected to racial and gender discrimination.

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Is Babson or Boston College better? ›

Within Massachusetts, Boston College placed sixth overall behind MIT, Harvard, Amherst College (eighth nationally), Babson College (tenth), and Williams College (31st), and ahead of the College of the Holy Cross (60th), Northeastern University (138th), Boston University (200th), Brandeis University (223rd), and Tufts ...

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Is Babson better than Harvard? ›

#2 in New England for Value. Babson is the #2 ranked school in all of New England for value, beating out the likes of Harvard and MIT, and #13 across the entire U.S. (Money magazine, 2022).

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Is Babson difficult to get into? ›

Babson College admissions has an acceptance rate of 22% and an early acceptance rate of 22.9%. Half the applicants admitted to Babson College who submitted test scores have an SAT score between 1350 and 1510.

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Is it worth going to Babson? ›

That entrepreneurial mindset gives Babson students an edge in today's evolving global economy. 99.5 percent of Babson alumni are employed or attending graduate school within six months of graduation, and Payscale has consistently named the College the top business school in the country for salary potential.

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Is Babson better than BU? ›

Both BU and Babson are excellent business schools. Agree with others if that you want a more standard business degree, then BU would be a great choice. If you are more entrepreneurial, then Babson is a better choice. If you can make a trip east before you make your decision, take that opportunity.

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What is the male to female ratio at Babson College? ›

Babson College has a total undergraduate enrollment of 2,761 (fall 2022), with a gender distribution of 58% male students and 42% female students.

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Do Babson students party? ›

Party Scene

Tons of raging parties almost any night of the week. Lots of options Wednesday-Saturday.

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Is Babson an elite school? ›

In the analysis of the country's top 745 colleges, Babson was one of only 54 to be rated five stars for scoring exceptionally high on most of its metrics, including quality of education, affordability, and outcomes. Money lauded Babson specifically for its outcomes, developing business leaders and future entrepreneurs.

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