Carrington College-Spokane
For-profit College in Spokane, WA. Six-year graduation rate 42%. Median 10-year earnings $36,625.
Ten-year median earnings of $36,625 are on the low side, which raises the bar for what this degree needs to cost. Six-year completion sits at 42%, near the national average for undergraduate institutions. Median debt at graduation is $9,295, a light load against those earnings.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.25 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
42% graduate within six years — average, but that average still hides a large group who do not. Just 55% of first-years come back — most of the completion gap opens in year one. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. At 39:1, instructor access is thin — worth probing on a campus visit. This is a for-profit two-year institution. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 553 degree- or certificate-seeking undergraduates
Students pay $41,626 a year on average after aid, a premium price that the earnings data has to justify. Income makes less difference than usual: $41,895 at $0–30k, $45,781 at $110k+. Grant aid reaches 63% of students at an average of $4,026. Borrowing is widespread: 66% take federal loans.
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 · 245 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 | $41,895 |
| $30–48k | $42,511 |
| $48–75k | $43,070 |
| $75–110k | $43,629 |
| $110k+ | $45,781 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 366 of these 553 students, totalling $2,314,563 — an average of $6,324 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Spokane 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)