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For-profit College

Aspen University

For-profit College in Phoenix, AZ. Six-year graduation rate 27%.

Verdict Profile in progress
Aspen University · Campus
Median debt at grad
$15,756
Graduation rate
27.3%
Federal loan default
0%

Only 27% finish within six years, so roughly three in four students leave without the credential they enrolled for. Borrowing stays contained, with median debt at graduation of $15,756.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Graduation rate 27% — below national average

Academics

Full-time retention
Transfer-out rate
27%
Student:faculty
3:1

Completion is the problem here: 27% graduate within six years. 27% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. At 3:1, students get materially more instructor contact than at a typical public university. Being a for-profit four-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual. 2,398 undergraduates makes this a mid-sized institution.

Financial Aid

Average net price
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
10%
degree- or certificate-seeking undergraduates
% receiving federal loans
10%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,396 degree- or certificate-seeking undergraduates

One gap to flag: this institution does not report an average net price, so the figures here describe who receives aid rather than what a year actually costs. Use the school's own net price calculator before comparing it against anywhere else. Only 10% of students receive grant aid, so most families are paying near the published price. Only 10% take federal loans. Private borrowing is not captured in this figure.

Federal student loans went to 242 of these 2,396 students, totalling $2,492,043 — an average of $10,298 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Maricopa County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,457/mo
1 bedroom
$1,583/mo
2 bedroom (whole unit)
$1,839/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

VA caution flag

Heightened Cash Monitoring (Program Review); School placed on Heightened Cash Monitoring

GI Bill students
87
Yellow Ribbon
No
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Aspen University with peer institutions

How we evaluate Aspen University

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →