At $25,456/yr net price, Mid-America College of Funeral Service graduates earn $44,505/yr within 10 years of enrollment, which is $10,505/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $25,456 |
| Estimated 4-Year Cost | $101,824 |
| Median Earnings (10yr post-entry) | $44,505/yr |
| Earnings Premium vs. HS Diploma | +$10,505/yr |
| Estimated Break-Even | 9.7 years |
| Graduation Rate (6-year) | 55.7% |
| Median Debt at Graduation | $16,666 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $24,681/yr |
| $30,001 - $48,000 | $27,257/yr |
| $48,001 - $75,000 | $30,379/yr |
| $75,001 - $110,000 | $30,379/yr |
The Risk Factor
55.7% of students at Mid-America College of Funeral Service 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
Mid-America College of Funeral Service delivers strong financial returns for a specialized trade program, with graduates earning median salaries that justify the investment. Your debt load stays manageable at under $17,000, well below national averages, while the funeral service industry offers stable employment in an essential field with limited competition.
The school's 100% retention rate signals student satisfaction and program quality, though the 56% graduation rate means nearly half of students don't complete their degrees. This creates financial risk if you struggle with the program's demands or discover funeral service isn't your calling after starting.
Funeral service programs typically lead to mortician, funeral director, or embalmer roles with steady demand regardless of economic conditions. The relatively low debt burden means you can enter the workforce without crushing loan payments, and many funeral homes offer apprenticeship opportunities that provide income while you complete licensing requirements.
This school works best financially if you're committed to funeral service as a career and can handle the specialized coursework. The combination of low debt, decent starting salaries, and job security in an recession-proof field creates solid ROI for dedicated students. You should look elsewhere if you're uncertain about the funeral industry or prefer broader career flexibility, since the specialized nature limits your options if you change direction.
With over half of students receiving financial aid, the school appears accessible to middle-income families. The private tuition reflects the specialized facilities and low student-to-faculty ratios needed for hands-on mortuary training.
Frequently Asked Questions
Is Mid-America College of Funeral Service worth the cost?
With graduates earning $44,505 after 10 years and a net price of $25,456 annually, the financial return is modest but reasonable for funeral service careers. The relatively low median debt of $16,666 helps make the program more affordable than many alternatives.
What is the job outlook for Mid-America College of Funeral Service graduates?
Funeral service careers offer steady employment since the field serves a consistent need, though growth is limited and salaries remain moderate. The 55% graduation rate suggests some students struggle to complete the program.
How much debt do Mid-America College of Funeral Service students typically have?
Students graduate with a median debt of $16,666, which is manageable compared to many college programs. This lower debt burden makes the modest starting salaries in funeral service more workable for most graduates.
Does Mid-America College of Funeral Service provide good financial aid?
The school's net price of $25,456 suggests limited financial aid availability for most students. Prospective students should plan to cover most costs through loans or personal funds.