Ross Medical
Education Center-Elyria
For-profit College in Elyria, OH. Median 10-year earnings $30,481.
Median earnings ten years after entry come to $30,481, below what most undergraduate institutions return — the central fact to weigh against cost here. Graduates leave owing a median of $9,500 — 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 0.31 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
No six-year graduation rate is reported for this institution, which is common for schools whose students are mostly part-time, transfer in, or enroll in short programs that the federal cohort measure does not track. Its absence is not itself a bad sign, but it does remove the clearest completion signal. Just 54% of first-years come back — most of the completion gap opens in year one. A 19:1 ratio is unremarkable; expect a mix of lecture halls and seminars. 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.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 101 degree- or certificate-seeking undergraduates
Average net price after grant aid is $18,823 a year — mid-range for a four-year institution. Income makes less difference than usual: $19,008 at $0–30k, $16,772 at $48–75k. Grant aid reaches 71% of students at an average of $4,840. Borrowing is widespread: 60% 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 · 47 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 | $19,008 |
| $30–48k | $17,654 |
| $48–75k | $16,772 |
| $75–110k | — |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 61 of these 101 students, totalling $425,962 — an average of $6,983 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Lorain County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026