At $22,881/yr net price, Milwaukee Career College graduates earn $28,355/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $22,881 |
| Estimated 4-Year Cost | $91,524 |
| Median Earnings (10yr post-entry) | $28,355/yr |
| Earnings Premium vs. HS Diploma | $-5,645/yr |
| Graduation Rate (6-year) | 48.0% |
| Median Debt at Graduation | $7,046 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $21,004/yr |
| $30,001 - $48,000 | $24,612/yr |
| $48,001 - $75,000 | $25,481/yr |
| $75,001 - $110,000 | $25,801/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Dental Support Services and Allied Professions. | Certificate | $26,715 | $7,046 |
| Veterinary/Animal Health Technologies/Technicians. | Certificate | $22,192 | $5,500 |
| Allied Health and Medical Assisting Services. | Certificate | $21,781 | $7,046 |
The Risk Factor
48.0% of students at Milwaukee Career College 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
Milwaukee Career College delivers weak financial returns that barely justify its costs. With median earnings of just $28,355 ten years after graduation and an annual net price of $22,881, you face a challenging payback period even with the relatively low median debt of $7,046.
The dental support program offers the strongest earnings potential at $26,715 annually, but this still represents modest income growth for a healthcare field. Veterinary technician graduates earn $22,192, which struggles to support loan payments and living expenses in Milwaukee's job market. Medical assisting pays the least at $21,781, making this program particularly risky given the upfront investment.
The 48% graduation rate signals significant completion risk. Nearly half of students who start never finish, meaning you could accumulate debt without earning a credential. This completion challenge is common among for-profit career colleges but creates real financial danger.
You might consider this school if you need flexible scheduling for healthcare training and plan to work immediately after graduation to minimize debt accumulation. The relatively low debt levels compared to other for-profit institutions provide some protection. However, you should seriously explore community college alternatives that offer similar programs at lower costs with better job placement rates.
With 93% of students receiving financial aid, the school depends heavily on federal funding. This creates vulnerability if aid policies change. The combination of modest earnings, significant completion risk, and limited program variety makes Milwaukee Career College a financially risky choice for most students seeking healthcare careers.
Frequently Asked Questions
Is Milwaukee Career College worth the cost?
Milwaukee Career College's graduates earn $28,355 annually after 10 years, which is low compared to the $22,881 yearly cost. The ROI is poor for most programs, though dental support services offers slightly better earning potential at $26,715.
What programs at Milwaukee Career College have the best job outcomes?
Dental support services generates the highest earnings at $26,715 annually, followed by veterinary technology at $22,192. Allied health and medical assisting programs produce lower earnings at $21,781, barely covering the cost of attendance.
How much debt do Milwaukee Career College students typically graduate with?
The median debt load is relatively low at $7,046, which is manageable compared to many colleges. However, even this modest debt burden becomes problematic given the low earning potential of most programs.
What is the graduation rate at Milwaukee Career College?
Only 48% of students graduate from Milwaukee Career College, meaning over half don't complete their programs. This completion rate, combined with low post-graduation earnings, raises serious questions about the school's value proposition.