Midwestern Career College
For-profit College in Chicago, IL. Six-year graduation rate 54%. Median 10-year earnings $36,432.
Median earnings ten years after entry come to $36,432, below what most undergraduate institutions return — the central fact to weigh against cost here. Six-year completion sits at 54%, near the national average for undergraduate institutions. Borrowing stays contained, with median debt at graduation of $7,521.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.21 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Completion is middling: 54% finish inside six years. Retention of 69% means a meaningful slice of each entering class does not return. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. At 23:1, instructor access is thin — worth probing on a campus visit. 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
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,190 degree- or certificate-seeking undergraduates
Average net price after grant aid is $20,591 a year — mid-range for a four-year institution. Income makes less difference than usual: $20,299 at $0–30k, $10,930 at $75–110k. About 51% get grants averaging $4,913, so plan on the possibility of paying closer to full price. About 51% borrow federally, roughly the national pattern.
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 · 172 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 | $20,299 |
| $30–48k | $20,413 |
| $48–75k | $22,674 |
| $75–110k | $10,930 |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 612 of these 1,190 students, totalling $4,472,846 — an average of $7,309 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Cook 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)