Carrington College-Reno
For-profit College in Reno, NV. Six-year graduation rate 42%. Median 10-year earnings $43,731.
Ten years after entry, the median Carrington College-Reno student earns $43,731 — a solidly middle-of-the-pack result for an undergraduate institution. The six-year graduation rate is 42%, meaning about three in five students who start do not finish. Borrowing stays contained, with median debt at graduation of $15,188.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.35 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Six-year completion sits at 42%, meaning about three in five students who enroll leave without finishing. First-year retention is 73% — the single largest point of attrition on this campus. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. At 20:1, class sizes land in the normal range for an undergraduate institution. Being a for-profit two-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.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 707 degree- or certificate-seeking undergraduates
Net price averages $50,784 annually, so cost is the first thing to weigh here. Net price varies modestly by income — $50,868 at $0–30k against $54,094 at $110k+ — so the average is a fair guide for most families. Grant aid is limited — 40% of students receive any. 65% of students borrow federally, so debt is the norm rather than the exception.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 80 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $50,868 |
| $30–48k | $51,209 |
| $48–75k | $52,894 |
| $75–110k | $53,718 |
| $110k+ | $54,094 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 458 of these 707 students, totalling $3,794,377 — an average of $8,285 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Washoe County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)