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$14,804Tuition
416Students
56%Grad Rate (6-yr)
$40,669Earnings
Private forprofit4-yearData: 2023-24
Return on Investment: Moderate

At $26,217/yr net price, Platt College-Riverside graduates earn $40,669/yr within 10 years of enrollment, which is $6,669/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Platt College-Riverside
Metric Value
Average Net Price (per year) $26,217
Estimated 4-Year Cost $104,868
Median Earnings (10yr post-entry) $40,669/yr
Earnings Premium vs. HS Diploma +$6,669/yr
Estimated Break-Even 15.7 years
Graduation Rate (6-year) 56.1%
Median Debt at Graduation $18,685

What You'll Actually Pay

Average net price by family income

Net price by family income for Platt College-Riverside
Family Income Estimated Net Price
$0 - $30,000 $24,676/yr
$30,001 - $48,000 $24,546/yr
$48,001 - $75,000 $28,513/yr
$75,001 - $110,000 $29,696/yr
$110,001+ $31,591/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Platt College-Riverside
Program Level Median Earnings Median Debt
Allied Health Diagnostic, Intervention, and Treatment Professions. Associate $43,493 $19,891
Health and Medical Administrative Services. Bachelor $33,993 $15,627
Allied Health Diagnostic, Intervention, and Treatment Professions. Bachelor $33,077 $23,403
Practical Nursing, Vocational Nursing and Nursing Assistants. Certificate $29,685
Criminal Justice and Corrections. Bachelor $28,366
Health and Medical Administrative Services. Associate $24,576 $13,014
Allied Health and Medical Assisting Services. Associate $22,455
Criminal Justice and Corrections. Associate $21,383 $16,322

The Risk Factor

Completion Risk: Elevated Risk

56.1% of students at Platt College-Riverside 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

Platt College-Riverside delivers weak financial returns that make it a poor investment for most students. With median post-graduation earnings of $40,669 against a $26,217 annual price tag, you're paying premium rates for below-average outcomes in a region where community colleges offer similar programs at fraction of the cost.

The school's allied health programs show the strongest earning potential at $43,493, but even this top performer barely justifies the investment when you factor in the $19,891 debt load. Health administrative services and practical nursing graduates earn significantly less while carrying similar debt burdens. Criminal justice majors face particularly poor prospects with $28,366 median earnings.

The 56% graduation rate presents serious completion risk - nearly half of students never finish their programs. This matters more at a for-profit institution where credits rarely transfer and incomplete programs leave you with debt but no credential.

You should consider this school only if you're committed to allied health careers and cannot access similar programs elsewhere. Students interested in criminal justice or general health administration will find better value at California community colleges or state universities. The high percentage of students receiving financial aid suggests most families struggle with the costs.

For-profit colleges like Platt face ongoing scrutiny over job placement claims and accreditation status. Before enrolling, verify that your intended program maintains proper licensing recognition and that employers in the Riverside area actively hire Platt graduates. The combination of high costs, mediocre outcomes, and completion risks makes this an expensive gamble for career training you can likely obtain more affordably elsewhere.

Frequently Asked Questions

Is Platt College-Riverside worth the cost?

With a net price of $26,217 per year and median earnings of $40,669 ten years after graduation, Platt College-Riverside offers modest returns. The relatively low debt burden of $18,685 helps, but the 56% graduation rate means nearly half of students don't complete their programs.

What programs at Platt College-Riverside have the best job prospects?

Allied Health Diagnostic programs show the strongest earning potential at $43,493, followed by Health and Medical Administrative Services at $33,993. Criminal Justice graduates earn significantly less at $28,366, making it a weaker investment.

How much debt do Platt College-Riverside graduates typically have?

The median debt is $18,685, which is manageable compared to many private colleges. However, with starting earnings around $40,669, graduates should expect several years of tight budgets to pay off loans.

Does Platt College-Riverside offer good financial aid?

The net price of $26,217 suggests limited financial aid effectiveness for most students. The debt-to-income ratio is reasonable, but the college doesn't appear to provide substantial cost relief compared to other vocational options.