At $14,735/yr net price, Taylor Business Institute graduates earn $25,559/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $14,735 |
| Estimated 4-Year Cost | $58,940 |
| Median Earnings (10yr post-entry) | $25,559/yr |
| Earnings Premium vs. HS Diploma | $-8,441/yr |
| Graduation Rate (6-year) | 67.6% |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,790/yr |
| $30,001 - $48,000 | $14,353/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Criminal Justice and Corrections. | Associate | $24,808 | |
| Health and Medical Administrative Services. | Associate | $23,579 |
The Risk Factor
67.6% of students at Taylor Business Institute graduate within 6 years. A significant share of students finish, but roughly 32% do not complete their degree.
Analysis
Taylor Business Institute delivers weak financial returns that make it difficult to justify the cost for most students. With median earnings of $25,559 ten years after graduation and an annual net price of $14,735, you face a challenging payback scenario even if you complete your degree.
The school's two main programs both produce below-average earnings. Criminal Justice graduates earn $24,808 annually while Health and Medical Administrative Services graduates make $23,579. These salaries barely exceed what many entry-level positions offer without a degree, making the investment questionable given Chicago's cost of living.
Your biggest financial risk lies in the 33% chance you won't graduate at all, leaving you with debt but no credential. The low 10% of students receiving financial aid suggests limited institutional support for managing costs. This creates a particularly harsh scenario for students who struggle financially during their studies.
Taylor Business Institute might work financially if you already have guaranteed employment lined up that specifically requires the credential, or if you can pay the full cost upfront without borrowing. The school could also make sense if you're using employer tuition reimbursement that covers most expenses.
Most students should look elsewhere. Community colleges in the Chicago area offer similar programs at lower costs with comparable job placement rates. Four-year universities, while more expensive initially, typically provide much stronger long-term earning potential that justifies the additional investment.
Frequently Asked Questions
Is Taylor Business Institute worth the cost compared to other schools?
Taylor Business Institute graduates earn $25,559 annually ten years after enrollment, which is below the national average for college graduates. With a net price of $14,735 per year, the return on investment is modest compared to four-year universities or community colleges with transfer options.
Which programs at Taylor Business Institute have the best job prospects?
Criminal Justice graduates from Taylor Business Institute earn around $24,808 annually, while Health and Medical Administrative Services graduates earn $23,579. Both salaries are relatively low for fields requiring specialized training, and job growth varies significantly by location and experience level.
What is the graduation rate at Taylor Business Institute and does it affect ROI?
Taylor Business Institute has a 67.60% graduation rate, meaning about one-third of students don't complete their programs. Students who don't graduate still carry debt but miss out on the credential needed for career advancement in their chosen field.
How much debt do Taylor Business Institute students typically have after graduation?
With a net price of $14,735 annually, most Taylor Business Institute students graduate with moderate debt levels. However, the relatively low earning potential of $25,559 means loan payments may represent a significant portion of graduates' income for years after completion.