Milan Institute-Sparks
For-profit College in Sparks, NV. Median 10-year earnings $32,493.
Median earnings ten years after entry come to $32,493, below what most undergraduate institutions return — the central fact to weigh against cost here. Graduates leave owing a median of $8,124 — modest by four-year standards.
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. The 14:1 student-faculty ratio is small enough that seminar-sized classes are the norm. Being a for-profit short-program school 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. This is a small school — 278 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 278 degree- or certificate-seeking undergraduates
Average net price after grant aid is $23,391 a year — mid-range for a four-year institution. Net price varies modestly by income — $22,554 at $0–30k against $25,731 at $110k+ — so the average is a fair guide for most families. About 64% get grants averaging $3,742, so plan on the possibility of paying closer to full price. Borrowing is widespread: 65% take federal loans.
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 · 200 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 | $22,554 |
| $30–48k | $22,112 |
| $48–75k | $23,126 |
| $75–110k | $25,419 |
| $110k+ | $25,731 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 182 of these 278 students, totalling $961,556 — an average of $5,283 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Washoe County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026