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Davidson College vs Wake Forest University

Davidson College is highly selective with a 14.5% acceptance rate, making it harder to get into than Wake Forest University (21.6%). Graduates of Davidson College earn $3,242 more per year at the 10-year mark ($81,400 vs $78,158). For families earning $48k–$75k, Davidson College is more affordable at $7,610 net price vs $12,769. Students at Davidson College graduate with less debt ($18,688 vs $21,500).

Admissions & Outcomes

Davidson College has a higher yield rate (48.8%), meaning a larger share of admitted students choose to enroll — a strong signal of student preference. Both schools have similar median SAT scores around 1455, so standardized test scores alone won't differentiate applicants.

Davidson College

Davidson, NC

Wake Forest University

Winston-Salem, NC

Acceptance Rate
14.5%
21.6%
Applicants (2023)
7,347
17,479
Median SAT
1455
1460
Yield Rate
48.8%
36.8%
6-Year Graduation Rate
91.9%
90.9%
Median Earnings (10yr)
$81,400
$78,158
Median Earnings (6yr)
$62,866
$67,722
Median Debt
$18,688
$21,500
Tuition (Out-of-State)
$54,460
$56,722
Room & Board
$15,225
$15,520

Net Price by Family Income

Net price is what you actually pay after grants and scholarships — often far less than the sticker price. It varies dramatically by family income. For low-income families ($0–$30k), Davidson College is more affordable at $6,613 per year. At higher incomes ($110k+), the gap narrows — $40,503 vs $54,447.

Family Income
Davidson College
Wake Forest University
$0 – $30k
$6,613
$11,554
$30k – $48k
$3,339
$6,043
$48k – $75k
$7,610
$12,769
$75k – $110k
$25,077
$19,759
$110k+
$40,503
$54,447

Net price data from College Scorecard. Run each school's net price calculator for a personalized estimate based on your family's finances.

Financial Aid

Institutional grants come directly from the school's endowment and don't need to be repaid. A high institutional grant rate means the school is investing its own funds in affordability. Davidson College enrolls more Pell Grant recipients (17%), indicating stronger support for students from lower-income backgrounds.

Metric
Davidson College
Wake Forest University
Students Receiving Grants
68%
42%
Average Grant Amount
$47,489
$46,077
Pell Grant Recipients
17%
9%
Institutional Grant Rate
65%
34%
Avg Institutional Grant
$47,295
$52,790

Highest-Earning Majors

Median earnings within two years of graduation. Your choice of major often has a bigger impact on lifetime earnings than the school name on your diploma.

Wake Forest University

  • 1 Finance and Financial Management Services
    $80,510
  • 2 Computer Science
    $71,015
  • 3 Mathematics
    $70,456
  • 4 Business/Commerce, General
    $66,653
  • 5 Management Sciences and Quantitative Methods
    $63,005

Most Popular Majors

The most popular majors by number of degrees awarded. This gives you a sense of each school's academic strengths and where students concentrate.

Davidson College

  • 1 Biology, General
  • 2 Political Science and Government
  • 3 Economics
  • 4 Research and Experimental Psychology
  • 5 Computer Science

Wake Forest University

  • 1 Finance and Financial Management Services
  • 2 Business/Commerce, General
  • 3 Communication and Media Studies
  • 4 Political Science and Government
  • 5 Health and Physical Education/Fitness

Campus & Student Body

Enrollment size, diversity, and retention paint a picture of campus culture. A high retention rate means students are satisfied enough to return after freshman year.

Metric
Davidson College
Wake Forest University
Total Enrollment
1,904
9,121
Retention Rate
95%
95%
Women
53%
57%
International Students
10%
8%
Asian
6%
6%
Hispanic/Latino
10%
9%
Black
7%
8%
White
61%
62%

For International Students

Key cost and campus considerations for students coming from outside the US.

Davidson College

  • International students10%
  • Tuition (international)$54,460
  • Est. total cost/year$70,400
  • School typePublic

Wake Forest University

  • International students8%
  • Tuition (international)$56,722
  • Est. total cost/year$73,280
  • School typePublic

What international students should know

  • International students pay out-of-state tuition at public universities. Private universities charge the same tuition for all students.
  • Most federal financial aid (FAFSA, Pell Grants) is not available to international students. Look for institutional aid and merit scholarships.
  • F-1 visa holders can work on-campus during the school year and use CPT/OPT for internships and post-graduation employment.
  • Schools with a higher international student percentage typically have stronger support services — dedicated international offices, visa advising, and cultural programs.

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Frequently Asked Questions

Is it harder to get into Davidson College or Wake Forest University?

Davidson College is more selective with a 14.5% acceptance rate, compared to 21.6%. Both are competitive schools that receive tens of thousands of applications each year.

Which school has higher earnings: Davidson College or Wake Forest University?

Davidson College graduates earn more at the 10-year mark, with median earnings of $81,400 compared to $78,158. Earnings vary significantly by major — STEM fields typically produce the highest returns at both schools.

Which is cheaper: Davidson College or Wake Forest University?

For middle-income families ($48k–$75k), Davidson College has a lower net price at $7,610 per year vs $12,769. Net price varies by family income — use each school's net price calculator for a personalized estimate.

What is the graduation rate at Davidson College vs Wake Forest University?

Davidson College has a higher 6-year graduation rate at 91.9%, compared to 90.9%. A high graduation rate signals strong academic support, student engagement, and a campus culture where students thrive.

Which school has more international students: Davidson College or Wake Forest University?

Davidson College has a larger international student population at 10% of enrollment. A higher international student percentage often means stronger support services for visa holders, including dedicated international student offices, OPT/CPT guidance, and cultural programming.

What are the highest-paying majors at Davidson College and Wake Forest University?

At Wake Forest University, the top-earning major is Finance and Financial Management Services at $80,510. Your choice of major often has a bigger impact on earnings than which school you attend.

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