At $25,133/yr net price, Berkeley College-New York graduates earn $45,884/yr within 10 years of enrollment, which is $11,884/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $25,133 |
| Estimated 4-Year Cost | $100,532 |
| Median Earnings (10yr post-entry) | $45,884/yr |
| Earnings Premium vs. HS Diploma | +$11,884/yr |
| Estimated Break-Even | 8.5 years |
| Graduation Rate (6-year) | 40.3% |
| Median Debt at Graduation | $30,426 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $25,059/yr |
| $30,001 - $48,000 | $22,672/yr |
| $48,001 - $75,000 | $30,590/yr |
| $75,001 - $110,000 | $38,983/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Legal Professions and Studies, Other. | Associate | $45,715 | $24,651 |
| Accounting and Related Services. | Bachelor | $42,682 | $34,500 |
| Finance and Financial Management Services. | Bachelor | $40,485 | |
| Management Information Systems and Services. | Bachelor | $39,927 | |
| International Business. | Bachelor | $39,729 | $38,002 |
| Health and Medical Administrative Services. | Bachelor | $38,424 | $39,750 |
| Legal Professions and Studies, Other. | Bachelor | $38,289 | $33,547 |
| Business Administration, Management and Operations. | Bachelor | $36,906 | $34,979 |
| Marketing. | Bachelor | $35,772 | $36,421 |
| Criminal Justice and Corrections. | Bachelor | $34,085 | $34,453 |
The Risk Factor
40.3% of students at Berkeley College-New York 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
Berkeley College-New York delivers weak financial returns that make it difficult to justify the cost for most students. With median post-graduation earnings of $45,884 and typical debt loads exceeding $30,000, you face a challenging debt-to-income ratio that will strain your budget for years.
The school's 40% graduation rate creates major financial risk. If you're among the 60% who don't finish, you'll carry debt without the degree needed to access higher-paying jobs. The 50% retention rate signals many students recognize this isn't working financially and transfer elsewhere after freshman year.
Legal studies offers the best earnings potential at $45,715 with relatively manageable debt of $24,651. Accounting graduates earn $42,682 but carry $34,500 in debt, creating a tighter financial squeeze. International business majors face the worst scenario with $38,002 in debt for $39,729 in earnings.
This school works financially only if you're certain you'll graduate and enter a field where Berkeley's career services provide strong employer connections in the New York market. The high percentage of students receiving financial aid suggests the published price isn't what most pay, so investigate your actual net cost carefully.
You should look elsewhere if you're unsure about your major, lack strong study habits, or can access similar programs at public colleges. The combination of low graduation rates, high debt, and modest earnings creates too much downside risk for most students' financial futures.
Frequently Asked Questions
Is Berkeley College-New York worth the cost?
With graduates earning $45,884 ten years after enrollment and average debt of $30,426, Berkeley College-New York provides modest returns. The low 40% graduation rate means many students leave with debt but no degree.
What are the highest paying majors at Berkeley College-New York?
Legal studies graduates earn the most at $45,715 annually, followed by accounting at $42,682. Finance and management information systems programs both produce earnings under $41,000.
How much debt do Berkeley College-New York students graduate with?
The median debt is $30,426, which takes up a significant portion of the typical $45,884 graduate salary. Students should carefully consider whether their chosen program justifies this debt load.
Does Berkeley College-New York have good graduation rates?
Only 40% of students graduate, meaning 6 out of 10 students leave without completing their degree. This low completion rate increases the risk of taking on debt without earning the credential needed for career advancement.