Cost vs. Outcomes
| Metric | Value |
|---|---|
| Median Earnings (10yr post-entry) | $45,998/yr |
| Earnings Premium vs. HS Diploma | +$11,998/yr |
| Graduation Rate (6-year) | 12.5% |
| Median Debt at Graduation | $21,791 |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Clinical, Counseling and Applied Psychology. | Master | $62,489 | $26,500 |
| Teacher Education and Professional Development, Specific Subject Areas. | Master | $56,415 | $16,530 |
| Education, General. | Master | $52,107 | $23,060 |
| Mental and Social Health Services and Allied Professions. | Master | $47,650 | $41,000 |
| Special Education and Teaching. | Master | $34,704 | $20,881 |
The Risk Factor
12.5% of students at Cambridge College graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Cambridge College delivers poor financial returns that should give you serious pause. The 12.5% graduation rate means most students leave without a degree and carry debt anyway, making this one of the riskiest educational investments you can make.
Your major choice makes an enormous difference here. Clinical and counseling psychology graduates earn $62,489 annually, while special education majors make just $34,704 with similar debt loads. Teacher education programs offer the best debt-to-income ratio at $56,415 in earnings against $16,530 in debt. Mental health services programs saddle you with $41,000 in debt for $47,650 in annual earnings, creating a concerning repayment burden.
The core financial risk is the graduation rate. With nine out of ten students failing to complete their programs, you face substantial odds of leaving with debt but no credential. This makes Cambridge College financially viable only if you have strong confidence in your ability to finish and strong external support systems.
Cambridge College works financially for working adults in education or psychology fields who need flexible scheduling and can leverage employer tuition assistance. The school targets this demographic specifically, and the numbers reflect that narrow focus. If you fall outside these career paths or need a traditional college experience, look elsewhere.
Financial aid reaches only 33% of students, suggesting limited institutional support for affordability. Your best strategy involves securing external funding through employers or professional development programs before enrolling. Without that safety net, the combination of low graduation rates and modest financial aid makes this investment extremely risky for most students.
Frequently Asked Questions
Is Cambridge College worth the cost?
Cambridge College has poor financial outcomes with graduates earning just $45,998 ten years after enrollment and a graduation rate of only 12.5%. Most students would find better value at other institutions given these low completion and earning rates.
What programs at Cambridge College have the best job prospects?
Clinical and counseling psychology graduates earn the highest salaries at $62,489, followed by teacher education programs at $56,415. These psychology and education programs offer the strongest return on investment at Cambridge College.
How much debt do Cambridge College students typically have?
Cambridge College graduates have a median debt of $21,791, which is manageable compared to many private colleges. However, the low graduation rate means many students may accumulate debt without completing their degree.
Does Cambridge College provide good financial aid?
While specific aid amounts vary, the combination of low graduation rates and modest post-graduation earnings suggests financial aid alone cannot overcome the school's fundamental value challenges. Students should carefully compare total costs against likely career outcomes.