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Wealth Builders

New Haven Promise alumni, who have successfully graduated from college with bachelor’s degrees, are making significant strides in their careers and civic lives, embodying a vibrant “Promise lifestyle” focused on building intergenerational wealth. With 86% of our alumni returning to the region after completing their degrees, they play a crucial role in supporting the economic development of the greater New Haven area.

Promise is Serving a Growing Alumni Community

The year 2021 marked the first time we served more Alumni than current college Scholars. Since then, we’ve continued to support an increasing percentage of Alumni each year.

Promise Alumni with A Bachelor’s Degree

The Promise Alumni Survey

Conducted in December 2021, the alumni survey collected information from 221 alumni, representing 27% of the total alumni pool.

General Profile

Alumni Income

Two-thirds of Promise alumni surpass their parents’ earnings two years after graduating from college.

Students from the lowest income and parental education bands report earnings comparable to or exceeding those of their peers.

Alumni Undergraduate Debt

Promise alumni graduate from college with low to no debt.

Alumni with a 4.0+ high school GPA accumulated just $6,000 in median undergrad debt, while those in the 3.0 to 3.24 high school GPA range had a median debt of $35,000, nearly SIX times that amount.

Alumni Income

Two-thirds of Promise alumni surpass their parents’ earnings two years after graduating from college.

Students from the lowest income and parental education bands report earnings comparable to or exceeding those of their peers.

Alumni Undergraduate Debt

Promise alumni graduate from college with low to no debt.

Alumni with a 4.0+ high school GPA accumulated just $6,000 in median undergrad debt, while those in the 3.0 to 3.24 high school GPA range had a median debt of $35,000, nearly SIX times that amount.

Advanced Degree

45% of alumni respondents report that they are currently pursuing or have completed a graduate degree.

Career Interest

Alumni Back

86% of survey respondents live in New Haven County (90% in-state).

While 55% of survey respondents currently live with their parents, an increasing number of alumni are starting families and purchasing homes.