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For-profit College

Ross Medical
Education Center-Kokomo

For-profit College in Kokomo, IN. Median 10-year earnings $33,079.

Verdict Mixed outcomes
Ross Medical Education Center-Kokomo · Campus
Median earnings · 10 yr
$33,079
Median debt at grad
$9,500
Federal loan default
0%

Median earnings ten years after entry come to $33,079, 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.

Green Flags
  • ✓ Debt-to-income ratio 0.29 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
48%
Transfer-out rate
—
Student:faculty
38:1

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. Retention is weak: only 48% of full-time first-years return, so roughly one in two leave after one year. A 38:1 ratio means students need to be deliberate about getting faculty time. 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

Average net price
$19,089
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
69%
degree- or certificate-seeking undergraduates
% receiving federal loans
57%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 106 degree- or certificate-seeking undergraduates

Net price lands at $19,089 a year on average, neither cheap nor punishing. Income makes less difference than usual: $19,447 at $0–30k, $27,410 at $110k+. About 69% get grants averaging $5,041, so plan on the possibility of paying closer to full price. Most students borrow — 57% 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.

% receiving grants
71%
Average grant
$5,314

IPEDS Student Financial Aid · 2023-24 · 51 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 $19,447
$30–48k $22,303
$48–75k $21,634
$75–110k —
$110k+ $27,410

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 60 of these 106 students, totalling $381,003 — an average of $6,350 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$884/mo
1 bedroom
$890/mo
2 bedroom (whole unit)
$1,123/mo

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

Veterans & GI Bill

GI Bill students
1
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Ross Medical Education Center-Kokomo with peer institutions

How we evaluate Ross Medical Education Center-Kokomo

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