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For-profit College

Midwest Institute

For-profit College in Earth City, MO. Six-year graduation rate 55%. Median 10-year earnings $30,414.

Verdict Mixed outcomes
Midwest Institute · Campus
Median earnings · 10 yr
$30,414
Median debt at grad
$9,500
Graduation rate
54.6%
Federal loan default
0%

Students who entered Midwest Institute reach a median of $30,414 a decade later, a figure that trails the typical four-year outcome. 55% 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.

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 0.31 — healthy (below the 0.40 threshold)
  • 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
87%
Applicants
39
Yield rate
38.2%

Midwest Institute admits 87% of applicants — effectively open admission, so the application is a formality rather than a hurdle. Only 39 students applied, so treat these rates as directional — small pools swing sharply between cycles. About 38% of admitted students enroll, a yield in the normal range.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading
SAT Math
ACT Composite

IPEDS Admissions · 2024

Apply at Midwest Institute →

Academics

Full-time retention
76%
Transfer-out rate
0%
Student:faculty
19:1

Six-year completion sits at 55%, meaning about one in two students who enroll leave without finishing. Retention of 76% means a meaningful slice of each entering class does not return. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. A 19:1 ratio is unremarkable; expect a mix of lecture halls and seminars. As a for-profit two-year institution, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers.

Financial Aid

Average net price
$15,987
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
50%
degree- or certificate-seeking undergraduates
% receiving federal loans
50%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 236 degree- or certificate-seeking undergraduates

Students pay an average of $15,987 annually once grants are applied. Grant aid reaches 50% of students at an average of $4,530. Federal borrowing reaches 50% of students.

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
52%
Average grant
$5,899

IPEDS Student Financial Aid · 2023-24 · 48 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 $18,509
$30–48k
$48–75k
$75–110k
$110k+

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 119 of these 236 students, totalling $1,006,478 — an average of $8,458 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$955/mo
1 bedroom
$995/mo
2 bedroom (whole unit)
$1,218/mo

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

Veterans & GI Bill

GI Bill students
11
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Midwest Institute with peer institutions

How we evaluate Midwest Institute

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