Denmark College
For-profit College in Merrillville, IN. Median 10-year earnings $23,538.
Ten-year median earnings of $23,538 are on the low side, which raises the bar for what this degree needs to cost. Graduates leave owing a median of $8,965 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
The federal six-year graduation rate is not published here — typically because the entering cohort this measure follows is too small or too atypical to report. Treat completion as unknown rather than assuming either direction. 89% of full-time first-years return for a second year — a healthy figure. At 16:1, class sizes land in the normal range for an undergraduate institution. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. This is a small school — 261 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 261 degree- or certificate-seeking undergraduates
Students pay an average of $14,153 annually, well below typical undergraduate net price. Net price varies modestly by income — $14,002 at $0–30k against $20,166 at $110k+ — so the average is a fair guide for most families. About 76% get grants averaging $8,201, so plan on the possibility of paying closer to full price. 66% 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 · 68 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 | $14,002 |
| $30–48k | $13,722 |
| $48–75k | $14,061 |
| $75–110k | $20,166 |
| $110k+ | $20,166 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 173 of these 261 students, totalling $780,041 — an average of $4,509 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Lake 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)