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For-profit College

Ross Medical
Education Center-Fort Wayne

For-profit College in Fort Wayne, IN. Six-year graduation rate 59%. Median 10-year earnings $30,072.

Verdict Mixed outcomes
Ross Medical Education Center-Fort Wayne · Campus
Median earnings · 10 yr
$30,072
Median debt at grad
$9,500
Graduation rate
58.7%
Federal loan default
0%

Ten-year median earnings of $30,072 are on the low side, which raises the bar for what this degree needs to cost. 59% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation is $9,500, a light load against those earnings.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ Debt-to-income ratio 0.32 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
56%
Transfer-out rate
0%
Student:faculty
39:1

Six-year completion sits at 59%, meaning about two in five students who enroll leave without finishing. 56% first-year retention is low enough to be the defining risk of enrolling here. A 39:1 ratio means students need to be deliberate about getting faculty time. Being a for-profit two-year institution 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 — 229 undergraduates — so cohorts are tight and the program list is necessarily short.

Financial Aid

Average net price
$19,429
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
66%
degree- or certificate-seeking undergraduates
% receiving federal loans
62%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 229 degree- or certificate-seeking undergraduates

Average net price after grant aid is $19,429 a year — mid-range for a four-year institution. Income makes less difference than usual: $19,536 at $0–30k, $21,258 at $75–110k. 66% of students receive grant aid, averaging $4,945 — common but not automatic. Borrowing is widespread: 62% 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.

% receiving grants
71%
Average grant
$5,179

IPEDS Student Financial Aid · 2023-24 · 111 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 $19,536
$30–48k $19,711
$48–75k $19,681
$75–110k $21,258
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 141 of these 229 students, totalling $903,738 — an average of $6,409 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Allen County) — budget these against any cost-of-attendance housing estimate.

Studio
$892/mo
1 bedroom
$916/mo
2 bedroom (whole unit)
$1,113/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Compare Ross Medical Education Center-Fort Wayne with peer institutions

How we evaluate Ross Medical Education Center-Fort Wayne

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →