After Carnegie Institute: graduation, pay and debt

Troy, Michigan · For-profit · 103 undergrads

The typical student earns $38,244 ten years after starting and graduates leave with $9,336 in federal loans at the median.

The short answers

$38.2k

median pay 10 years after starting college.

$9,336

median federal debt at graduation.

62%

of borrowers were paying down their loans three years after leaving.

All the federal numbers

Finished a two-year program within three yearsCollege Scorecard

90%

Median pay 6 years after starting collegeCollege Scorecard

$36,364

Median pay 8 years after starting collegeCollege Scorecard

$39,978

Median pay 10 years after starting collegeCollege Scorecard

$38,244

Earning more than $25,000 six years after startingCollege Scorecard

61%

Pay is for students who got federal aid and are working, counted from the year they started college, whether or not they finished.

Median federal debt, students who graduatedCollege Scorecard

$9,336

Median federal debt, everyone who borrowed (finished or not)College Scorecard

$8,568

Median federal debt, students with a Pell GrantCollege Scorecard

$6,439

Median federal debt, students without a Pell GrantCollege Scorecard

$17,785

Paying down their loans 3 years after leavingCollege Scorecard

62%

Paying down their loans 5 years after leavingCollege Scorecard

71%

Paying down their loans 7 years after leavingCollege Scorecard

65%

Federal student loans only. Private loans and Parent PLUS loans aren't counted.

Where these numbers come from