At $23,697/yr net price, Mildred Elley-New York Campus graduates earn $38,830/yr within 10 years of enrollment, which is $4,830/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $23,697 |
| Estimated 4-Year Cost | $94,788 |
| Median Earnings (10yr post-entry) | $38,830/yr |
| Earnings Premium vs. HS Diploma | +$4,830/yr |
| Estimated Break-Even | 19.6 years |
| Graduation Rate (6-year) | 31.6% |
| Median Debt at Graduation | $19,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $23,580/yr |
| $30,001 - $48,000 | $23,029/yr |
| $48,001 - $75,000 | $25,224/yr |
| $75,001 - $110,000 | $27,567/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Practical Nursing, Vocational Nursing and Nursing Assistants. | Certificate | $40,132 | $19,000 |
| Allied Health and Medical Assisting Services. | Associate | $29,685 | $19,075 |
| Allied Health and Medical Assisting Services. | Certificate | $28,236 | $18,625 |
| Business Administration, Management and Operations. | Associate | $22,771 | $23,250 |
The Risk Factor
31.6% of students at Mildred Elley-New York Campus 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
Mildred Elley-New York Campus delivers weak returns for most students, with median earnings of $38,830 barely exceeding what many high school graduates earn in New York's job market. The 31% graduation rate means two-thirds of students leave without completing their programs, often carrying debt anyway.
Your best bet financially is the practical nursing program, which produces $40,132 in median earnings against $19,000 in debt. This creates a manageable debt-to-income ratio and taps into strong healthcare demand in the New York metro area. The medical assisting programs show much weaker returns, with earnings in the high $20,000s that struggle to justify nearly $19,000 in debt.
Business programs at Mildred Elley represent poor value, generating just $22,771 in median earnings while carrying the highest debt load at $23,250. You can earn similar amounts in retail or food service without any college debt.
The school works financially if you complete the nursing program and already live in the New York area where healthcare jobs are plentiful. Look elsewhere if you need to relocate for better job prospects or if you're considering non-healthcare programs. The high dropout rate suggests many students struggle with the academic demands or realize the programs won't deliver sufficient income gains.
Financial aid covers three-quarters of students, but the $23,697 annual net price remains steep for a two-year program. Community colleges offer similar healthcare training at much lower cost, making Mildred Elley difficult to justify unless you need the specific scheduling flexibility this private institution provides.
Frequently Asked Questions
Is Mildred Elley-New York Campus worth the cost?
The school's $23,697 annual net price leads to median earnings of $38,830 after 10 years, which barely covers loan payments for most graduates. With only 32% of students graduating, the financial risk is high for uncertain returns.
What are the best paying programs at Mildred Elley-New York Campus?
Practical nursing graduates earn around $40,132 annually, making it the only program that provides decent ROI. Business and medical assisting programs pay significantly less at $22,771 and $28,236 respectively.
How much debt do Mildred Elley-New York Campus graduates have?
The median debt is $19,000, which is manageable compared to many schools. However, with low graduation rates and modest earnings, even this amount can be difficult to repay for unsuccessful students.
Does Mildred Elley-New York Campus have good job outcomes?
Graduate earnings of $38,830 after 10 years are below average for college graduates. The 32% graduation rate means most students leave without a degree, making job prospects even worse for the majority who attend.