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For-profit College

Ross Medical
Education Center-Owensboro

For-profit College in Owensboro, KY. Median 10-year earnings $30,481.

Verdict Mixed outcomes
Ross Medical Education Center-Owensboro · 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
38%
Transfer-out rate
—
Student:faculty
38:1

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. Retention is weak: only 38% of full-time first-years return, so roughly three in five leave after one year. At 38:1, instructor access is thin — worth probing on a campus visit. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. The undergraduate body is just 60, which shapes everything from class size to how often a required course is offered.

Financial Aid

Average net price
$20,503
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
70%
degree- or certificate-seeking undergraduates
% receiving federal loans
68%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 60 degree- or certificate-seeking undergraduates

Students pay an average of $20,503 annually once grants are applied. The gap between the $0–30k and $110k+ bands is narrow ($20,819 versus $24,616), meaning aid is not strongly need-weighted. About 70% get grants averaging $4,792, so plan on the possibility of paying closer to full price. Most students borrow — 68% 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
72%
Average grant
$4,414

IPEDS Student Financial Aid · 2023-24 · 29 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 $20,819
$30–48k $20,918
$48–75k —
$75–110k $24,616
$110k+ $24,616

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 41 of these 60 students, totalling $282,167 — an average of $6,882 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$840/mo
1 bedroom
$846/mo
2 bedroom (whole unit)
$1,110/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-Owensboro with peer institutions

How we evaluate Ross Medical Education Center-Owensboro

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