At $34,709/yr net price, The Modern College of Design graduates earn $42,187/yr within 10 years of enrollment, which is $8,187/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $34,709 |
| Estimated 4-Year Cost | $138,836 |
| Median Earnings (10yr post-entry) | $42,187/yr |
| Earnings Premium vs. HS Diploma | +$8,187/yr |
| Estimated Break-Even | 17 years |
| Graduation Rate (6-year) | 61.9% |
| Median Debt at Graduation | $12,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $30,563/yr |
| $30,001 - $48,000 | $35,945/yr |
| $48,001 - $75,000 | $36,539/yr |
| $75,001 - $110,000 | $38,527/yr |
| $110,001+ | $33,911/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Design and Applied Arts. | Associate | $31,821 | $5,500 |
The Risk Factor
61.9% of students at The Modern College of Design graduate within 6 years. A significant share of students finish, but roughly 38% do not complete their degree.
Analysis
The Modern College of Design delivers weak financial returns, with graduates earning a median $42,187 annually while paying $34,709 per year in net costs. Your investment barely pays off over time, making this one of the riskier educational bets in Ohio.
Design and Applied Arts graduates face particularly challenging economics, earning just $31,821 annually while carrying debt. This creates a difficult income-to-debt ratio that limits your financial flexibility after graduation. The 61.90% graduation rate adds another layer of risk, meaning nearly 40% of students never complete their programs and face debt without a degree.
You face specific risks at this for-profit institution. The high annual costs combined with modest earning potential mean you need to complete your degree quickly and find employment immediately to make the numbers work. The relatively low median debt of $12,000 suggests either strong financial aid or students leaving before accumulating significant debt.
This school works financially only if you have substantial family support or scholarships that dramatically reduce your net costs. If you need loans to cover the full $34,709 annual price tag, look elsewhere. The earnings simply do not justify the investment for most students.
Consider this option only if you receive significant merit aid that cuts your costs by at least half, or if you have guaranteed employment in design fields that pay above the median. For most prospective students, community colleges or state universities offer better pathways into design careers without the financial strain.
Frequently Asked Questions
Is The Modern College of Design worth the cost?
The Modern College of Design has poor return on investment with graduates earning just $42,187 ten years after starting. With a net price of $34,709 per year, most students will struggle to justify the cost given the low earnings potential.
What is the job outlook for The Modern College of Design graduates?
Design and Applied Arts graduates from The Modern College of Design earn a median of $31,821, which is below the national average for college graduates. The field typically offers limited salary growth and high competition for well-paying positions.
How much debt do The Modern College of Design students graduate with?
The median debt load is relatively low at $12,000, but even this amount becomes problematic when graduates earn only $31,821 in their field. The low debt reflects the school's poor graduation rate of 62%.
Does The Modern College of Design offer good financial aid?
With a 99% acceptance rate and net price of $34,709, The Modern College of Design appears to offer limited meaningful financial aid. Students should expect to pay close to full tuition at a school that produces below-average earning graduates.