Platt College-Los Angeles
For-profit Community College in Alhambra, CA. Six-year graduation rate 63%. Median 10-year earnings $40,669.
Ten-year median earnings of $40,669 are on the low side, which raises the bar for what this degree needs to cost. 64% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation is $18,685, roughly typical for an undergraduate degree. Mobility is where this school separates itself: 3.5% of students move from the bottom income quintile to the top.
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
Academics
64% graduate within six years — average, but that average still hides a large group who do not. The student-faculty ratio is 21:1 — typical, which in practice means large lectures early and smaller classes in the major. This is a for-profit four-year institution. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. This is a small school — 587 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 587 degree- or certificate-seeking undergraduates
Students pay an average of $27,195 annually once grants are applied. Net price varies modestly by income — $27,395 at $0–30k against $32,196 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 66% of students at an average of $5,738. Most students borrow — 64% 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 · 61 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 | $27,395 |
| $30–48k | $27,382 |
| $48–75k | $26,818 |
| $75–110k | $31,116 |
| $110k+ | $32,196 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 378 of these 587 students, totalling $3,569,424 — an average of $9,443 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
VA GI Bill Comparison Tool (Veterans Affairs GIDS)