Macalester College was founded in 1874 and is located in St. Paul, Minnesota. It has twenty-two hundred students enrolled and a high graduation rate of ninety percent. However, the yearly tuition is ridiculously high, costing fifty-eight thousand dollars. It is an undergraduate four-year institution with an acceptance rate of only thirty-nine percent. The majority of students have a student loan debt of twenty-seven thousand dollars after graduation. In addition, many graduates have reported earning less than forty-eight thousand dollars.