Yes. UPenn and Whitman have different methodologies, which are likely different than what this user reported is occurring at Colby and St. Olaf, and different from even more schools.
And although net worth includes home equity (which some colleges consider and others don’t) and retirement vehicles (which colleges do not consider, to my knowledge), I think this really helps folks to understand how financially fortunate many users on CC are in comparison with the rest of the country. Here’s the data shared by @ucbalumnus (which referenced the 2022 Federal Reserve Survey of Consumer Finances). As a reminder, the median is the 50th percentile.
| Age of reference person | Average household net worth by age | Median household net worth by age |
|---|---|---|
| Under 35 | $183,500 | $39,000 |
| 35-44 | $549,600 | $135,600 |
| 45-54 | $975,800 | $247,200 |
| 55-64 | $1,570,000 | $364,500 |
| 65-74 | $1,790,000 | $409,900 |
| 75+ | $1,620,000 | $335,600 |