At $10,376/yr net price, Monroe College graduates earn $41,236/yr within 10 years of enrollment, which is $7,236/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $10,376 |
| Estimated 4-Year Cost | $41,504 |
| Median Earnings (10yr post-entry) | $41,236/yr |
| Earnings Premium vs. HS Diploma | +$7,236/yr |
| Estimated Break-Even | 5.7 years |
| Graduation Rate (6-year) | 57.5% |
| Median Debt at Graduation | $18,818 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $10,047/yr |
| $30,001 - $48,000 | $9,427/yr |
| $48,001 - $75,000 | $10,123/yr |
| $75,001 - $110,000 | $13,523/yr |
| $110,001+ | $17,021/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Criminal Justice and Corrections. | Master | $52,941 | $33,013 |
| Business Administration, Management and Operations. | Master | $52,357 | $31,155 |
| Accounting and Related Services. | Bachelor | $37,291 | $24,513 |
| Business Administration, Management and Operations. | Bachelor | $37,208 | $28,591 |
| Computer and Information Sciences, General. | Bachelor | $34,908 | $26,500 |
| Public Health. | Bachelor | $34,388 | $27,000 |
| Hospitality Administration/Management. | Associate | $33,993 | $18,164 |
| Hospitality Administration/Management. | Bachelor | $33,352 | $24,928 |
| Criminal Justice and Corrections. | Bachelor | $31,423 | $25,000 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $31,314 | $24,250 |
The Risk Factor
57.5% of students at Monroe 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
Monroe College's financial picture is mixed and leans risky. A net price near $10,000 a year keeps the sticker cost low for a private for-profit school, but median earnings ten years out sit around $41,000. That gap is the problem: your degree costs little compared to most private colleges, yet the paycheck it buys stays modest for the Bronx and greater New York job market, where living costs run high.
The program-level numbers make this clearer. Accounting and Business Administration top the earnings list, but even those bachelor's grads land near $37,000 while carrying $24,000 to $28,000 in debt. Business Administration is the worst deal of the group: the highest debt load ($28,591) paired with earnings that barely beat accounting. Computer and Information Sciences, Public Health, and Hospitality all pay less and still saddle you with $26,000-plus in debt. No program on this list pushes graduates past $38,000, so the credential you pick matters less than you'd hope.
The specific risk here is completion. With a 57.5% graduation rate and 70% retention, roughly a third of freshmen don't return for year two, and many who leave still owe money without the degree that justifies it. Debt without a diploma is the real danger at Monroe.
This school fits you if you're paying that low net price out of pocket or with grants, want a career-focused business or accounting track, and finish. If your family income tops $110,000, your net price jumps to about $17,000, and the modest earnings ceiling makes that harder to justify. If you can gain admission to a public college or a nonprofit with stronger salary outcomes, price out those options before committing here.
Frequently Asked Questions
Is Monroe College worth the cost?
Monroe College graduates earn a median of $41,236 ten years after graduation, which is below average for college graduates nationally. With a net price of $10,376 per year and median debt of $18,818, the return on investment is modest but manageable for most students.
What are the best paying majors at Monroe College?
Criminal Justice and Business Administration programs at Monroe College show the strongest earnings potential, with graduates earning around $52,000 annually. Accounting graduates earn about $37,000, while Computer Science majors earn $34,908, which is low for tech fields.
How much debt do Monroe College students graduate with?
Monroe College graduates leave with a median debt of $18,818, which is lower than the national average. However, with post-graduation earnings of $41,236, students should expect a debt-to-income ratio that requires careful financial planning.
Does Monroe College have good job placement after graduation?
Monroe College has a 57.5% graduation rate, meaning over 40% of students don't finish their programs. The school's focus on career-oriented programs like Criminal Justice and Business helps with job placement, but earnings remain below national averages for college graduates.