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For-profit College

Ross Medical
Education Center-New Baltimore

For-profit College in New Baltimore, MI. Median 10-year earnings $30,481.

Verdict Mixed outcomes
Ross Medical Education Center-New Baltimore · Campus
Median earnings · 10 yr
$30,481
Median debt at grad
$9,500
Federal loan default
0%

Ten-year median earnings of $30,481 are on the low side, which raises the bar for what this degree needs to cost. 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 0.31 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
50%
Transfer-out rate
—
Student:faculty
17:1

This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. 50% first-year retention is low enough to be the defining risk of enrolling here. At 17:1, class sizes land in the normal range for an undergraduate institution. 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. This is a small school — 59 undergraduates — so cohorts are tight and the program list is necessarily short.

Financial Aid

Average net price
$19,149
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
64%
degree- or certificate-seeking undergraduates
% receiving federal loans
56%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 59 degree- or certificate-seeking undergraduates

Students pay an average of $19,149 annually once grants are applied. Net price varies modestly by income — $19,189 at $0–30k against $22,973 at $48–75k — so the average is a fair guide for most families. 64% of students receive grant aid, averaging $5,468 — common but not automatic. Borrowing is widespread: 56% 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
74%
Average grant
$5,112

IPEDS Student Financial Aid · 2023-24 · 34 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 $19,189
$30–48k $17,015
$48–75k $22,973
$75–110k —
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 33 of these 59 students, totalling $208,282 — an average of $6,312 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,009/mo
1 bedroom
$1,122/mo
2 bedroom (whole unit)
$1,411/mo

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

Veterans & GI Bill

GI Bill students
2
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Ross Medical Education Center-New Baltimore with peer institutions

How we evaluate Ross Medical Education Center-New Baltimore

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