At $11,166/yr net price, Long Island Business Institute graduates earn $23,438/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $11,166 |
| Estimated 4-Year Cost | $44,664 |
| Median Earnings (10yr post-entry) | $23,438/yr |
| Earnings Premium vs. HS Diploma | $-10,562/yr |
| Graduation Rate (6-year) | 21.5% |
| Median Debt at Graduation | $8,750 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $10,871/yr |
| $30,001 - $48,000 | $11,717/yr |
| $48,001 - $75,000 | $14,097/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Criminal Justice and Corrections. | Associate | $33,138 | |
| Business Operations Support and Assistant Services. | Associate | $23,054 | |
| Business Administration, Management and Operations. | Associate | $20,550 | |
| Accounting and Related Services. | Associate | $19,227 | |
| English Language and Literature, General. | Certificate | $15,036 | |
| Legal Support Services. | Associate | $14,627 |
The Risk Factor
21.5% of students at Long Island Business Institute 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
Long Island Business Institute delivers poor financial returns that make it a risky investment for most students. The median graduate earns just $23,438 ten years after enrollment, barely above the poverty line for a family of four.
Criminal Justice stands out as the only program worth pursuing financially, with graduates earning $33,138 annually. This represents a reasonable return given the school's relatively low net price. Business Operations Support graduates earn $23,054, which covers basic living expenses but offers limited upward mobility. The remaining programs show concerning returns, with Accounting graduates earning only $19,227 and English majors making $15,036.
The school's 21.5% graduation rate creates substantial financial risk. Most students will leave with debt but no degree to show for it. Even successful graduates face challenges, as the low median debt of $8,750 suggests many students struggle to complete their programs rather than taking on additional loans.
You should consider this school only if you plan to study Criminal Justice and have exhausted other options. The high percentage of students receiving financial aid (87.21%) indicates the school serves primarily low-income students, but this population faces the greatest risk from poor graduation rates.
Skip Long Island Business Institute if you have access to community colleges or state schools in the region. The combination of low earnings potential, poor graduation rates, and for-profit status creates multiple layers of financial risk that better alternatives can avoid.
Frequently Asked Questions
Is Long Island Business Institute worth the cost?
Long Island Business Institute has a very low return on investment with graduates earning just $23,438 ten years after enrollment, which is below the poverty line for many areas. The 21% graduation rate means most students don't finish their programs.
What are the best paying programs at Long Island Business Institute?
Criminal Justice graduates from Long Island Business Institute earn the highest median salary at $33,138, followed by Business Operations Support at $23,054. Most other programs lead to earnings below $25,000 annually.
How much debt do Long Island Business Institute graduates have?
Long Island Business Institute graduates carry a median debt of $8,750, which is relatively low compared to other schools. However, with low graduate earnings averaging $23,438, even this modest debt can be difficult to repay.
What is the graduation rate at Long Island Business Institute?
Only 21.5% of students graduate from Long Island Business Institute, meaning nearly 4 out of 5 students leave without completing their degree. This poor completion rate significantly impacts the school's value proposition.