-36%
Undergraduate enrollment
Undergraduate enrollment fell 36% at Excelsior University vs the 2018–2022 baseline (12.7k vs 19.7k).
New York · Private nonprofit · Predominantly bachelor's
Excelsior University
Albany, New York. 12,701 undergraduate students. 95 programs in the federal Field-of-Study dataset.
ANOMALY ENGINE · NOTABLE SIGNALS
What the data flags at Excelsior University
Short-arc shifts (recent 3-year window), peer outliers, earnings trend breaks, completion drops, enrollment cliffs, and debt-to-earnings warnings — surfaced deterministically from the federal record. Multi-decade shifts are reported separately in the Long Arc section, since 25-year tuition drift isn't really an anomaly.
-100%
3-year cohort default rate
3-year cohort default rate at Excelsior University fell 100% between 2021 and 2024 (0.9% → 0.0%).
-24%
Undergraduate enrollment
Undergraduate enrollment at Excelsior University fell 24% between 2021 and 2024 (15.3k → 11.6k).
+24%
Median federal debt at exit
Median federal debt at exit at Excelsior University rose 24% between 2017 and 2020 ($11.1k → $13.8k).
SECTION 01 · OUTCOMES SNAPSHOT
The numbers, vs. New York
Each tile compares this institution to the New York median for the same metric. Sub-line shows the comparison value, not an interpretation. Sparklines trace the federally available history.
$78,493+23% · 6→10y
New York median $48,917$63,796
Treasury earnings · 6y post-entry—
New York median 64.2%$10,870+283% · '07→'20
At program completion12,701-37% · '96→'24
latest IPEDS—
first-time, full-time—
latest cohort—
annualSECTION 02 · EARNINGS HORIZONS
How earnings spread, 4 to 10 years after entry
Treasury tax-record earnings for federally aided students who first enrolled at this institution. Each point is a horizon from the most-recent vintage. Single median per horizon (no p25/p75 publishing).
Earnings widen with time post-entry. Selection: federal-aid recipients only — not all graduates.Methodology →
SECTION 03 · DEBT-TO-EARNINGS
What loans cost relative to earnings
Annual debt service as a share of median earnings 10 years after entry, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation; above 12% has historically been considered “failing” under prior rule cycles.
Institution-wide
1.8%Median federal debt $10,870 amortized over 10 years vs. median earnings $78,493 (10y after entry).
SECTION 04 · LONG ARC
Ten-plus year arc
Federally available history. Coverage varies by metric — IPEDS publishes some series only after 2009 and others only before.
Undergraduate enrollment.
Median federal student debt at exit.
-37%
Excelsior University · undergrad enrollment fell
18,421 → 11,550
+283%
Excelsior University · median debt rose
$3,595 → $13,769
-100%
Excelsior University · cohort default rate fell
8.9% → 0.0%
+557%
Excelsior University · pell share rose
0.4% → 28.2%
SECTION 05 · PROGRAMS
Ranked by 5-year earnings
Each row is one (CIP × credential) program reported by the institution in College Scorecard's Field-of-Study data. Cohort floor is 30 students; below this, federal data is suppressed.
Nuclear Engineering Technologies/Technicians.$122,503Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$117,723Business Administration, Management and Operations.$111,825Bioethics/Medical Ethics.$103,106Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$102,648Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$77,232Business/Commerce, General.$74,852Health Professions and Related Clinical Sciences, Other.$74,001Electromechanical Instrumentation and Maintenance Technologies/Technicians.$66,150Business Administration, Management and Operations.$65,706Liberal Arts and Sciences, General Studies and Humanities.$64,828Criminal Justice and Corrections.$63,137Liberal Arts and Sciences, General Studies and Humanities.$53,789Psychology, General.$46,236
SECTION 06 · BY CIP FAMILY
14 programs with earnings, grouped
Programs are grouped by 2-digit CIP family. Programs without reported earnings are hidden to keep the list focused.
ENGINEERING TECHNOLOGIES · CIP 15
LIBERAL ARTS & GENERAL STUDIES · CIP 24
PSYCHOLOGY · CIP 42
HOMELAND SECURITY & PROTECTIVE SERVICES · CIP 43
HEALTH PROFESSIONS · CIP 51
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$77,232Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$102,648Health Professions and Related Clinical Sciences, Other.$74,001Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$117,723Bioethics/Medical Ethics.$103,106
BUSINESS, MANAGEMENT & MARKETING · CIP 52
FINANCIAL OUTCOME · ILLUSTRATION
Estimate the financial outcome at Excelsior University
Pick a program. Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. The selection-bias toggle applies the Dale-Krueger shrinkage. Outcomes illustration, not a forecast — see methodology.
Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.
EARNINGS SUPPRESSED
Federal privacy rules suppressed earnings for Liberal Arts and Sciences, General Studies and Humanities · Bachelor's Degree at Excelsior University(cohort below 30 students). The calculator can’t produce a number we’d stand behind, so we don’t.
Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.
SECTION 07 · SIMILAR INSTITUTIONS
Same sector and degree mix in New York
Picked by Carnegie sector × predominant credential level. These are not rankings — just nearest-neighbour surfaces for comparison.
CAUSAL DISCIPLINE
“Excelsior University graduates earn $X” — not “Excelsior University makes you earn $X”
Median earnings describe what cohorts earned. They do not describe what attending Excelsior University caused. Selection effects (who admits, who enrolls, who completes) are real. We publish federal data with strict descriptive phrasing — and link the methodology where you can read about the limitations directly.