MedQuest College
For-profit College in Louisville, KY. Six-year graduation rate 59%.
59% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation is $9,500, a light load against those earnings.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
59% graduate within six years — average, but that average still hides a large group who do not. First-year retention of 88% shows the cohort holds together through the hardest year. 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 12:1, students get materially more instructor contact than at a typical public university. 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 592 degree- or certificate-seeking undergraduates
Average net price after grant aid is $19,759 a year — mid-range for a four-year institution. Net price varies modestly by income — $20,997 at $0–30k against $24,814 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 79% of students at an average of $6,225. 71% 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 · 475 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 | $20,997 |
| $30–48k | $21,009 |
| $48–75k | $22,186 |
| $75–110k | $22,894 |
| $110k+ | $24,814 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 419 of these 592 students, totalling $3,461,088 — an average of $8,260 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Jefferson 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)