Musicians Institute
For-profit College in Hollywood, CA. Six-year graduation rate 50%. Median 10-year earnings $32,778.
Median earnings ten years after entry come to $32,778, below what most undergraduate institutions return — the central fact to weigh against cost here. The six-year graduation rate is 50%, meaning about one in two students who start do not finish.
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
- ! Mobility score 0.3 — limited economic uplift documented
Admissions
78% of applicants get in, so the odds favor most reasonably prepared students. The applicant pool is small at 458, which makes year-over-year comparisons unreliable. A 41% yield rate puts this school in the upper range for admits who follow through.
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 Musicians Institute →Academics
Six-year completion sits at 50%, meaning about one in two students who enroll leave without finishing. First-year retention of 80% shows the cohort holds together through the hardest year. Retention runs well ahead of completion, which means students are not leaving immediately; they are leaving somewhere between the second year and the finish line. The 6:1 student-faculty ratio is small enough that seminar-sized classes are the norm. As a for-profit four-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 780 degree- or certificate-seeking undergraduates
Average net price — what students actually pay after grant aid — is $49,657 a year, at the high end of undergraduate cost. Net price varies modestly by income — $44,392 at $0–30k against $51,119 at $110k+ — so the average is a fair guide for most families. 43% get grants, which means the net price above will not apply to most applicants. Only 22% take federal loans. Private borrowing is not captured in this figure.
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 · 121 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 | $44,392 |
| $30–48k | $46,239 |
| $48–75k | $47,465 |
| $75–110k | $49,296 |
| $110k+ | $51,119 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 169 of these 780 students, totalling $1,079,591 — an average of $6,388 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Los Angeles County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)