Mildred Elley-New
York Campus
For-profit College in New York, NY. Six-year graduation rate 32%. Median 10-year earnings $38,830.
Median earnings ten years after entry come to $38,830, below what most undergraduate institutions return — the central fact to weigh against cost here. The six-year graduation rate is 32% — low enough that finishing cannot be treated as the default outcome. Graduates carry a median of $19,000 in debt — in line with the national norm.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Graduation rate 32% — below national average
Academics
Completion is the problem here: 32% graduate within six years. 52% first-year retention is low enough to be the defining risk of enrolling here. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. At 32:1, 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 1,004 degree- or certificate-seeking undergraduates
Students pay an average of $24,627 annually once grants are applied. Aid is steeply need-based: families in the $0–30k band pay $24,502 while those at $110k+ pay $33,249. About 72% get grants averaging $6,784, so plan on the possibility of paying closer to full price. Most students borrow — 80% take federal loans to cover the gap.
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 · 311 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 | $24,502 |
| $30–48k | $25,960 |
| $48–75k | $26,373 |
| $75–110k | $29,298 |
| $110k+ | $33,249 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 804 of these 1,004 students, totalling $7,410,124 — an average of $9,217 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (New York 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)