Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $18,646 |
| Estimated 4-Year Cost | $74,584 |
| Graduation Rate (6-year) | 57.1% |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,219/yr |
| $30,001 - $48,000 | $18,818/yr |
| $48,001 - $75,000 | $20,082/yr |
The Risk Factor
57.1% of students at Bais Binyomin Academy graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Bais Binyomin Academy presents significant financial risks with weak graduation and retention rates that undermine any potential return on investment. Only 57% of students complete their degrees, meaning nearly half leave without credentials after paying tuition costs.
The school's 66% retention rate signals that one-third of students transfer or drop out after freshman year, creating substantial financial waste for families. When combined with the low graduation rate, you face real odds of paying for education that never reaches completion.
At $18,646 annually, the net price appears moderate, but the completion statistics make this cost problematic. You're essentially gambling on beating poor institutional odds rather than investing in reliable degree completion.
Two-thirds of students receive financial aid, suggesting the school works to make attendance affordable. However, aid packages become irrelevant if you don't graduate or need to transfer elsewhere to finish your degree.
The school serves the Orthodox Jewish community in Monsey with specialized religious programming, which may justify attendance for families prioritizing religious education over financial returns. If cultural and religious fit matters more than ROI, the financial risks may be acceptable.
You should consider Bais Binyomin Academy only if religious and cultural factors outweigh financial concerns, and you have backup plans if you need to transfer. Students focused primarily on career preparation and earning potential will find better returns at institutions with stronger completion rates.
Frequently Asked Questions
Is Bais Binyomin Academy worth the cost?
With a 57% graduation rate and limited career outcome data, Bais Binyomin Academy's $18,646 annual cost presents significant financial risk. The low graduation rate suggests many students don't complete their programs, making debt recovery difficult.
What is the job placement rate for Bais Binyomin Academy graduates?
Employment data for Bais Binyomin Academy graduates is not publicly available. This lack of transparency makes it impossible to assess whether graduates find jobs that justify the tuition costs.
How much debt do Bais Binyomin Academy students typically graduate with?
While the net price is $18,646 per year, detailed student debt information is not available. Given the low graduation rate, students who don't complete their programs may still carry debt without a degree.
Does Bais Binyomin Academy offer good financial aid?
The school has a 100% acceptance rate, suggesting minimal selectivity for merit-based aid. Financial aid details are not publicly reported, making it difficult to assess affordability for different income levels.