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$19,800Tuition
337Students
56%Grad Rate (6-yr)
$44,505Earnings
#13 in IndianaPrivate nonprofit4-yearData: 2023-24
Return on Investment: Moderate

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

Return on investment data for Mid-America College of Funeral Service
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

Net price by family income for Mid-America College of Funeral Service
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

Completion Risk: Elevated Risk

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 gives you a narrow but functional financial payoff. It trains you for one field, funeral service, and the median earnings of about $44,500 ten years out sit above the roughly $25,000 net price you pay each year. Median debt at graduation is low, around $16,700, which is the strongest number here. That combination of contained debt and a stable trade keeps the risk modest as long as you actually finish and land work in the field.

The whole ROI question rests on one credential path, so there is no safer major to fall back on. If funeral service is your plan, the low debt and steady demand for licensed professionals make the math work. If you are unsure about the field, there is no diversified program menu here to justify the price, and you should look elsewhere.

The main financial risk is the graduation rate near 56 percent. Retention is 100 percent, so you are likely to return for a second year, but nearly half of students do not walk away with the degree. Paying $25,000-plus a year without finishing leaves you with debt and no license, which is the worst outcome this school can produce.

The net price tiers are unusual and worth watching. If your family earns under $30,000, you pay the least, close to $24,700. But families earning $30,000 to $110,000 pay more, over $30,000 in the top brackets. Middle and upper-middle income families get no price break here and carry the heaviest real cost.

This school fits you if you are committed to becoming a licensed funeral director and want to keep debt low. Skip it if you are still exploring, since the single-track program gives you nowhere to pivot.

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.