College Viability Inspection Report

Bates College

Maine · Private, not-for-profit

Bates College is a private, nonprofit institution in Maine, enrolling 471 students as of 2024. It graduates 88% of students in four years, returns 91% of freshmen for a second year, and costs an average of $24,723 a year after grants and scholarships. None of the 9 inspection checks that could be evaluated for Bates College are flagged. This report benchmarks Bates College's most recent reported year (2024) against 2,000+ U.S. colleges across three dimensions: student outcomes, financial health, and value for money. All figures are drawn from federal IPEDS filings and are reported without editorial judgment.

Bates College Inspection Flags

Student Outcomes
Financial Health
Value for Your Money

Inspection flags are nine independent checks across student outcomes, financial health, and cost-to-value that surface areas of a college's reported numbers worth a closer look. A triggered flag means the college's data met a specific threshold that students and families may want to ask about — for example, graduation rates slipping below a level, or tuition rising while outcomes decline. A clear flag means the threshold was not met. Flags are signals for further conversation, not verdicts.

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College Viability
Data Summary

Bates College — All Reported Indicators

Plain-text reference table of every metric and inspection flag for Bates College. Values reflect IPEDS-reported figures; percent changes reflect endpoint-to-endpoint 2020 → 2024 comparison; percentiles reflect 2024 national rank against four-year public and private nonprofit institutions. Cells marked "not reported" indicate the indicator was not present in IPEDS for this institution.

Student Outcomes

Metric2024 Value5-Yr % ChangeNational Percentile
Four-Year Graduation Rate88.0%+2.3%98th
Six-Year Graduation Rate93.0%+4.5%97th
Full-Time Retention Rate91.0%+1.1%86th
Pell Grant Six-Year Graduation Rate95.7%-2.1%98th
Pell-to-Non-Pell Graduation Gap-6.6pp-13.4%9th
Pell Share of Cohort8.7%-5.6%4th

Financial Health

Metric2024 Value5-Yr % ChangeNational Percentile
Revenue-to-Expense Ratio1.06×-7.4%45th
Total FTE Enrollment471-2.3%21st
Endowment Value$446.8M+30.8%87th
Net Assets (End of Year)$671.7M+24.5%87th

Value for Money

Metric2024 Value5-Yr % ChangeNational Percentile
Instructional Spending %33.6%-6.4%51st
Student Support Spending %17.7%+8.4%69th
Administrative Spending %14.8%+4.6%34th
Instruction+Support to Admin Ratio3.46×-6.1%67th
Average Net Price$24,723-6.5%73rd
Net Price: $0-30K Income$2,397-42.1%3rd
Net Price: $30K-48K Income$8,958+79.8%20th
Net Price: $48-75K Income$11,336+15.1%22nd
Net Price: $75K-110K Income$19,468-25.1%45th
Net Price: $110K+ Income$45,886+14.9%93rd

Inspection Flags

FlagSectionStatus
Retention Below 80%
Bates College's retention rate stayed at or above 90% in all 5 reported years — above the 80% threshold.
Student OutcomesCleared
Four-Year Graduation Rate Below 50%
Bates College's 4-year graduation rate stayed at or above 86% in all 5 reported years — above the 50% threshold.
Student OutcomesCleared
Pell Gap Exceeds 10 Points
Bates College's Pell graduation gap stayed at or below 10 percentage points in all 3 eligible years.
Student OutcomesCleared
Revenue-to-Expense Below 1.0
Bates College's ratio fell below 1.0 in 1 of 5 reported years — below the 3-of-5 trigger threshold.
Financial HealthCleared
Enrollment Declined 5% or More
Bates College's total enrollment fell from 482 to 471 students between 2020 and 2024 (-2.3%) — less than the 5% decline that triggers this flag.
Financial HealthCleared
Endowment Under $50M or Growth Under 15%
Bates College's endowment is $446.8M and grew +30.8% between 2020 and 2024 — clearing both the $50 million size threshold and the 15% growth threshold.
Financial HealthCleared
High Cost, Low Completion
Bates College costs more than the national median but also graduates students at above-median rates — only one of two conditions is met.
Value for MoneyCleared
Spending on Students Below the National Median
Bates College spends $3.46 on instruction and student support per $1 of admin in 2024 — at or above the national median of $2.75 in every reported year.
Value for MoneyCleared
Rising Price, Falling Outcomes
Either net price did not rise or the graduation rate did not decline between 2020 and 2024 — flag not triggered.
Value for MoneyCleared