College Viability Inspection Report

Warren Wilson College

North Carolina · Private, not-for-profit

Warren Wilson College is a private, nonprofit institution in North Carolina, enrolling 728 students as of 2024. It graduates 38% of students in four years, returns 71% of freshmen for a second year, and costs an average of $26,084 a year after grants and scholarships. Of the 9 inspection checks that could be evaluated, 8 are flagged: Retention, Graduation, Equity Gap, Revenue to Expenses, Endowment, Cost vs. Completion, Tuition Allocation, and Price vs. Outcomes. This report benchmarks Warren Wilson 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.

Warren Wilson 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.

Look Beyond the Brochure. Then Ask Your College.

Changing the Balance of Power from Colleges to Students and Families.

Every campus tour is a sales pitch. Colleges will show you the beautiful quad and the smiling Dean — not what doesn't flatter them. The right questions can reveal information that significantly impacts your experience.
College Viability
Data Summary

Warren Wilson College — All Reported Indicators

Plain-text reference table of every metric and inspection flag for Warren Wilson 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 Rate38.0%-19.1%46th
Six-Year Graduation Rate45.0%-13.5%31st
Full-Time Retention Rate71.0%+24.6%32nd
Pell Grant Six-Year Graduation Rate34.2%-10.1%24th
Pell-to-Non-Pell Graduation Gap15.1pp+122.3%76th
Pell Share of Cohort48.0%+12.3%68th

Financial Health

Metric2024 Value5-Yr % ChangeNational Percentile
Revenue-to-Expense Ratio1.09×+8.8%52nd
Total FTE Enrollment728+2.3%28th
Endowment Value$55.1M+7.9%51st
Net Assets (End of Year)$82.2M+0.7%47th

Value for Money

Metric2024 Value5-Yr % ChangeNational Percentile
Instructional Spending %29.8%-10.4%35th
Student Support Spending %19.6%+5.5%75th
Administrative Spending %18.0%+0.4%49th
Instruction+Support to Admin Ratio2.74×-5.0%50th
Average Net Price$26,084+1.4%77th
Net Price: $0-30K Income$13,566-34.2%49th
Net Price: $30K-48K Income$17,514-24.9%65th
Net Price: $48-75K Income$21,046-6.6%73rd
Net Price: $75K-110K Income$25,834-2.0%76th
Net Price: $110K+ Income$27,982-15.8%64th

Inspection Flags

FlagSectionStatus
Retention Below 80%
Warren Wilson College's retention rate fell below 80% in 5 of 5 reported years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Four-Year Graduation Rate Below 50%
Warren Wilson College's 4-year graduation rate fell below 50% in 5 of 5 reported years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Pell Gap Exceeds 10 Points
Warren Wilson College's Pell graduation gap exceeded 10 percentage points in 3 of 5 eligible years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Revenue-to-Expense Below 1.0
Warren Wilson College's revenue-to-expense ratio fell below 1.0 in 3 of 5 reported years — triggering the 3-of-5 threshold. 2024: 1.09×.
Financial HealthTriggered
Enrollment Declined 5% or More
Warren Wilson College's total enrollment grew from 712 to 728 students between 2020 and 2024 (+2.2%).
Financial HealthCleared
Endowment Under $50M or Growth Under 15%
Warren Wilson College's endowment grew +7.9% between 2020 and 2024, below the 15% growth threshold — though at $55.1M it clears the $50 million size threshold.
Financial HealthTriggered
High Cost, Low Completion
Warren Wilson College costs more than the national median AND graduates students at below-median rates — both conditions for this flag are met.
Value for MoneyTriggered
Spending on Students Below the National Median
Warren Wilson College spends $2.74 on instruction and student support per $1 of admin (2024) — below the national median of $2.75 in 3 of 5 reported years.
Value for MoneyTriggered
Rising Price, Falling Outcomes
Both conditions were met: Warren Wilson College's net price rose while the 6-year graduation rate declined between 2020 and 2024 — a prompt to ask whether tuition increases are translating into stronger student outcomes.
Value for MoneyTriggered