undergradly.
Private College

VanderCook College
of Music

Private College in Chicago, IL. Six-year graduation rate 67%. Median 10-year earnings $47,863.

Verdict Mixed outcomes
VanderCook College of Music · Campus
Median earnings · 10 yr
$47,863
Median debt at grad
$27,000
Graduation rate
66.7%
Federal loan default
0%

Students who entered VanderCook College of Music land at a median of $47,863 a decade later, close to what most four-year schools deliver. 67% graduate within six years, so most students who start here finish here. Debt is the pressure point: a median of $27,000 at graduation.

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

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
89%
Applicants
38
Yield rate
44.1%

Admission is not the constraint here: 89% of applicants are accepted. The applicant pool is small at 38, which makes year-over-year comparisons unreliable. A 44% yield rate puts this school in the upper range for admits who follow through.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading — —
SAT Math —
ACT Composite — —

IPEDS Admissions · 2024

Apply at VanderCook College of Music →

Academics

Full-time retention
88%
Transfer-out rate
0%
Student:faculty
5:1

67% of students finish within six years, putting completion well above the national norm. Retention is strong at 88%, and first-year attrition is where most degrees are lost. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. A 5:1 ratio points to small classes and accessible faculty. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions.

Financial Aid

Average net price
$21,306
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
93%
degree- or certificate-seeking undergraduates
% receiving federal loans
60%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 70 degree- or certificate-seeking undergraduates

Average net price after grant aid is $21,306 a year — mid-range for a four-year institution. The income table below is the number that matters — $16,308 at $0–30k versus $31,777 at $110k+. Most students get help: 93% receive grants worth $21,140 on average. Most students borrow — 60% 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
100%
Average grant
$23,317

IPEDS Student Financial Aid · 2023-24 · 17 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 $16,308
$30–48k $20,977
$48–75k $17,968
$75–110k $20,485
$110k+ $31,777

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 42 of these 70 students, totalling $292,501 — an average of $6,964 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,480/mo
1 bedroom
$1,581/mo
2 bedroom (whole unit)
$1,781/mo

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

Veterans & GI Bill

GI Bill students
3
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare VanderCook College of Music with peer institutions

How we evaluate VanderCook College of Music

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