Covering Innovation & Inequality in Education
This year at Musicians Institute, we project that on average students will pay $52,900, while the advertised price of attendance is $59,090. That’s a difference of $6,190.
| Year | Net in-state price at Musicians Institute | In-state sticker price at Musicians Institute |
|---|---|---|
| 25-26 | $52,900 | $59,090 |
| 24-25 | $51,392 | $57,405 |
| 23-24 | $49,927 | $55,769 |
| 22-23 | $39,056 | $43,626 |
| 21-22 | $36,976 | $43,626 |
| 20-21 | $36,686 | $43,626 |
| 19-20 | $37,768 | $43,626 |
| 18-19 | $34,835 | $42,255 |
| 17-18 | $36,081 | $42,255 |
| 16-17 | $36,165 | $42,255 |
| 15-16 | $34,970 | $41,418 |
| 14-15 | $35,773 | $40,786 |
| 13-14 | $34,607 | $40,572 |
How much a student actually pays usually depends, at least in part, on their family's household income. At Musicians Institute this year, we project students with incomes over $110K will pay around $53,969, while students with incomes below $30K will pay around $48,271. That's a difference of $5,698.
| Income bracket | Projected net price at Musicians Institute |
|---|---|
| <$30K | $48,271 |
| $30K-$48K | $49,494 |
| $48K-$75K | $52,142 |
| $75K-$110K | $53,224 |
| >$110K | $53,969 |
A school’s graduation rate can indicate how likely a student is to complete their degree. At Musicians Institute, over the last five years 51% of students earned their bachelor’s degree within six years of enrolling.
Students from different demographic backgrounds often graduate at different rates, so it can be helpful to look beyond the overall graduation rate. This chart shows how students of different races and ethnicities fare earning their degrees at Musicians Institute.
| Demographic category | Graduation rate at Musicians Institute | National average |
|---|---|---|
| American Indian/Alaska Native | 100% | 31% |
| Asian | 71% | 45% |
| Black | 34% | |
| Hispanic | 38% | 41% |
| Native Hawaiian/Pacific Islander | 28% | |
| White | 50% | 50% |
| Multiple races | 33% | 37% |
| Unknown race | 22% | 37% |
Student retention, or how often students return to continue their degree after completing their first year, is another helpful indicator. Over the last five years, at Musicians Institute, about 63% of full-time students returned the following fall to continue their degree.
The size and demographic makeup of a school’s student body can have a large impact on a student’s experience. Musicians Institute has 1,241 students, which puts it in the {SIZE_PERCENTILE} percentile of for-profit, 4-year schools.
About 74% of students are male.
And about 37% of students are not U.S. residents.