Milan Institute-Bakersfield
For-profit College in Bakersfield, CA. Median 10-year earnings $24,879.
Ten-year median earnings of $24,879 are on the low side, which raises the bar for what this degree needs to cost. Median debt at graduation is $6,333, 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.
- ✓ Debt-to-income ratio 0.25 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. 91% of full-time first-years return for a second year — a healthy figure. A 22:1 ratio is unremarkable; expect a mix of lecture halls and seminars. As a for-profit short-program school, 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. This is a small school — 948 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 948 degree- or certificate-seeking undergraduates
Net price lands at $24,487 a year on average, neither cheap nor punishing. Net price varies modestly by income — $24,334 at $0–30k against $28,480 at $110k+ — so the average is a fair guide for most families. About 70% get grants averaging $3,924, so plan on the possibility of paying closer to full price. 65% 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 · 739 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 | $24,334 |
| $30–48k | $23,413 |
| $48–75k | $24,604 |
| $75–110k | $26,942 |
| $110k+ | $28,480 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 616 of these 948 students, totalling $3,189,648 — an average of $5,178 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Kern County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026