At $3,645/yr net price, Dewey University-Carolina graduates earn $19,761/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $3,645 |
| Estimated 4-Year Cost | $14,580 |
| Median Earnings (10yr post-entry) | $19,761/yr |
| Earnings Premium vs. HS Diploma | $-14,239/yr |
| Graduation Rate (6-year) | 62.0% |
| Median Debt at Graduation | $5,185 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $2,989/yr |
| $30,001 - $48,000 | $3,960/yr |
| $48,001 - $75,000 | $4,829/yr |
| $75,001 - $110,000 | $6,561/yr |
The Risk Factor
62.0% of students at Dewey University-Carolina graduate within 6 years. A significant share of students finish, but roughly 38% do not complete their degree.
Analysis
Dewey University-Carolina delivers poor financial returns despite its low sticker price. With median earnings of just $19,761 ten years after graduation, you earn barely above minimum wage even after completing your degree.
The university's low net price of $3,645 annually makes it accessible, but the earnings data reveals this affordability comes at a steep cost to your future income potential. Your median debt load of $5,185 appears manageable, but when paired with such low earnings, even modest debt becomes burdensome.
The 62% graduation rate signals that many students struggle to complete their programs, while the 61% retention rate suggests first-year students frequently transfer elsewhere. These completion challenges compound the ROI problems by extending time to degree or leaving you with debt but no credential.
This school might work if you need a local option in Puerto Rico and plan to use your degree as a stepping stone to further education rather than direct employment. The low debt burden means you could potentially transfer to a higher-ROI institution without crushing financial obligations.
You should look elsewhere if earning potential matters to your financial goals. The combination of low graduation rates and minimal post-graduation earnings creates significant financial risk. Even with 85% of students receiving financial aid, the poor employment outcomes make this a questionable investment for most career paths.
Consider this school only if you have extremely limited alternatives, need to stay local, or view it as temporary preparation for transfer to a program with stronger employment outcomes.
Frequently Asked Questions
Is Dewey University-Carolina worth the cost?
Dewey University-Carolina graduates earn a median of $19,761 annually ten years after graduation, which is below the national average for college graduates. The low net price of $3,645 per year helps offset the modest earnings potential.
What is the return on investment for Dewey University-Carolina?
With graduates earning under $20,000 annually and a 62% graduation rate, the financial return is limited compared to other colleges. The main advantage is the very low cost and relatively manageable debt of around $5,185.
Do Dewey University-Carolina graduates struggle with student debt?
Graduates typically carry modest debt of $5,185, which is lower than the national average. However, with median earnings of $19,761, even this smaller debt burden may be challenging to repay.
Which programs at Dewey University-Carolina offer the best job prospects?
The overall graduate earnings data suggests limited earning potential across programs at Dewey University-Carolina. Prospective students should research specific program outcomes and local job market demand before enrolling.