Fortis Institute-Wayne
For-profit College in Wayne, NJ. Median 10-year earnings $36,920.
Median earnings ten years after entry come to $36,920, below what most undergraduate institutions return — the central fact to weigh against cost here. Graduates leave owing a median of $9,500 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.26 — healthy (below the 0.40 threshold)
- ✓ 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. Retention is strong at 86%, and first-year attrition is where most degrees are lost. Part-time students fare worse, returning at 75% — relevant if you plan to work while enrolled. A 25:1 ratio means students need to be deliberate about getting faculty time. Being a for-profit short-program school 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 655 degree- or certificate-seeking undergraduates
Net price lands at $23,351 a year on average, neither cheap nor punishing. The gap between the $0–30k and $110k+ bands is narrow ($22,928 versus $29,662), meaning aid is not strongly need-weighted. Grant aid reaches 74% of students at an average of $5,790. Most students borrow — 72% take federal loans to cover the gap.
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 · 234 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 | $22,928 |
| $30–48k | $24,243 |
| $48–75k | $25,175 |
| $75–110k | $27,813 |
| $110k+ | $29,662 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 470 of these 655 students, totalling $3,275,970 — an average of $6,970 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Passaic County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)