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For-profit College

L'esprit Academy

For-profit College in Canton, MI. Median 10-year earnings $22,440.

Verdict Mixed outcomes
L'esprit Academy · Campus
Median earnings · 10 yr
$22,440
Median debt at grad
$6,333
Federal loan default
0%

Median earnings ten years after entry come to $22,440, below what most undergraduate institutions return — the central fact to weigh against cost here. Graduates leave owing a median of $6,333 — modest by four-year standards.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ Debt-to-income ratio 0.28 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
97%
Transfer-out rate
—
Student:faculty
15:1

No six-year graduation rate is reported for this institution, which is common for schools whose students are mostly part-time, transfer in, or enroll in short programs that the federal cohort measure does not track. Its absence is not itself a bad sign, but it does remove the clearest completion signal. 97% of full-time first-years return for a second year — a healthy figure. The part-time picture is harder: 87% return, against 97% full-time. At 15:1, students get materially more instructor contact than at a typical public university. 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.

Financial Aid

Average net price
$23,341
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
52%
degree- or certificate-seeking undergraduates
% receiving federal loans
59%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 448 degree- or certificate-seeking undergraduates

Average net price after grant aid is $23,341 a year — mid-range for a four-year institution. The gap between the $0–30k and $75–110k bands is narrow ($21,711 versus $24,600), meaning aid is not strongly need-weighted. Grant aid reaches 52% of students at an average of $3,821. Most students borrow — 59% 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.

% receiving grants
57%
Average grant
$3,871

IPEDS Student Financial Aid · 2023-24 · 79 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 $21,711
$30–48k $21,813
$48–75k $24,772
$75–110k $24,600
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 265 of these 448 students, totalling $1,607,560 — an average of $6,066 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,009/mo
1 bedroom
$1,122/mo
2 bedroom (whole unit)
$1,411/mo

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

Compare L'esprit Academy with peer institutions

How we evaluate L'esprit Academy

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