Academy College
Bloomington, MN 55431-1411 — Private For-Profit
Value Score: 60/100 | ROI Score: -35 | Affordability Score: 75/100
Tuition (In-State): $18,680 | Out-of-State: $18,680
Graduation Rate: 48.4% | Retention Rate: 0.0%
Median Earnings (10yr): $48,300 | Median Debt: $29,500
Student Body Size: 56 (small)
Pell Grant Recipients: 25.7% | Federal Loan Rate: 48.6%
Average Faculty Salary: $2,708/month
Tuition & Affordability Analysis
In-state tuition at Academy College is $18,680 per year, which is 53% below the national average for private institutions.
Out-of-state students pay $18,680/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $74,720 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Academy College:
- Families earning $30,001–$48,000: $29,015/year
- Families earning $48,001–$75,000: $24,391/year
- Families earning $110,000+: $33,874/year
Graduate Outcomes & Return on Investment
48.4% of students at Academy College complete their degree, 22% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 0.0% (100% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Academy College earn a median salary of $48,300 ten years after enrollment, 18% above the national average. This represents a $13,300/year earnings premium over the average high school diploma holder, or $399,000 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $29,500, 37% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $320/month, with a total repayment of $38,400 (including $8,900 in interest).
Debt-to-Earnings Ratio: 0.61x. This is a healthy ratio, suggesting debt is manageable for most graduates.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Academy College pays for itself in approximately 6 years. This is a reasonable investment timeline.
Financial Aid Profile
25.7% of students at Academy College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 22% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
48.6% of students take federal loans, 3% above the national average. This is a moderate borrowing rate.
Average faculty salary: $2,708/month, 69% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Academy College enrolls 56 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 77/100 (higher = more diverse). Academy College has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 46%, Hispanic 9%, Black 7%, Asian 4%.
Academy College: Graduation and Earnings Below Average for Private For-Profit Institutions
- Academy College: A Risky Investment with Uncertain Post-Graduation Returns
- Bloomington's Academy College: Does the Price Tag Justify the Career Outcomes?
- Navigating Your Future: Is Academy College the Right Path to Employment?
Report Card: Overall Grade C-
Academy College receives an overall grade of C- based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C+
- Affordability: A+
College Analysis
Academy College is a Private For-Profit institution in Bloomington, MN with approximately 56 students. Academy College has a graduation rate of 48.39%, slightly below the national average. Median earnings 10 years after graduation are $48,300, which is average for private for-profit institutions. The college has a moderate affordability score of 75, indicating it is somewhat affordable compared to peers.
The Verdict: Is Academy College Worth It?
Academy College presents a questionable return on investment, with a stark ROI Score of -35. The in-state and out-of-state tuition is $18,680, and graduates accrue a median debt of $29,500. While the median earnings after 10 years are $48,300, this figure needs careful consideration. The debt-to-earnings ratio is concerning; it would take approximately 7-8 years of dedicating 10% of gross income to debt repayment to clear the $29,500 median debt, assuming no interest. This timeline is lengthy, especially when factoring in living expenses and potential income fluctuations. The low graduation rate of 48.4% further raises concerns about program completion and the overall effectiveness of the education provided. Compared to the cost and debt incurred, the median earnings suggest that Academy College may be overpriced for the long-term financial benefit it offers. It is not a hidden gem, nor is it a straightforward good deal. The recommendation is to approach with extreme caution, thoroughly investigate specific program outcomes, and explore all other educational and vocational training options before committing.
Return on Investment
Given the high median debt and below average graduation rate, the degree from Academy College may not be worth the cost for many students.
Debt Reality Check
Median student debt at Academy College: $29,500. Monthly payment on a standard 10-year plan: $335/month. Total repaid: $40,200 ($10,700 in interest).
Breakeven vs high school diploma: 1.6 years. Debt burden: Manageable. Salary needed for comfortable repayment: $40,200.
Strengths
- Small student body
- Moderate affordability
- Located in Bloomington, MN
Weaknesses
- High median debt
- Below average graduation rate
- Limited racial and ethnic diversity
Academic Profile
Retention Rate: 0.0%.
Academy College's academic profile is shaped by its identity as a private, for-profit institution with a small student body. While specific departmental strengths aren't detailed, the focus is typically on programs designed for direct entry into the workforce. Given its size, expect highly specialized programs rather than broad liberal arts offerings. Research opportunities might be less about extensive faculty-led projects and more about applied learning and capstone projects directly relevant to industry needs. Faculty quality, while not directly measurable by salary data (N/A), is likely to be composed of industry professionals bringing real-world experience into the classroom. The student-faculty ratio, though not provided, is almost certainly very low, allowing for personalized attention. Academic support resources would likely be tailored to career services, resume building, and interview preparation, rather than traditional tutoring centers. Honors programs are unlikely given the institution's structure. Study abroad opportunities are also not a typical feature of for-profit colleges focused on immediate job placement. The core academic strength lies in providing focused, career-ready education.
Financial Aid Guide for Academy College
Pell Grant recipients: 25.7%. Students taking federal loans: 48.6%.
Navigating financial aid at Academy College requires understanding its private, for-profit model. While specific data on merit aid, need-based aid, and Pell Grant rates are unavailable, students should anticipate that tuition costs of $18,680 per year are the primary financial consideration. For-profit institutions often rely heavily on federal student aid, including federal loans. It's crucial for prospective students to complete the FAFSA early to determine eligibility for federal grants and loans. Work-study opportunities may be limited due to the small campus size and specialized nature of the institution. Typical aid packages for students from lower-income backgrounds would likely consist of a significant portion of federal loans to cover tuition and living expenses, potentially supplemented by any available institutional grants. For middle-income families, a combination of federal loans and potentially some institutional scholarships might be offered. Scholarship availability is often tied to specific programs or academic achievement, so direct inquiry with the admissions office is essential. Negotiating aid at a for-profit institution like Academy College is generally less common and less effective than at traditional non-profit universities, as their financial models are often more standardized. Focus on maximizing federal aid eligibility and understanding the total cost of attendance beyond tuition.
Hidden Costs at Academy College
- Textbooks and course materials can range from $800 to $1,500 annually, depending on program requirements.
- Student activity fees, technology fees, or other miscellaneous campus fees could add $300 to $700 per year.
- Transportation costs, including gas, public transit passes, or vehicle maintenance, might be $500 to $1,200 annually for commuters.
- Parking permits, if available and necessary for on-campus access, could cost $100 to $300 per academic year.
- Health insurance, if not covered by a parent's plan, can add $2,000 to $4,000 annually.
- Personal living expenses, including food outside of meal plans, entertainment, and supplies, can easily amount to $1,500 to $3,000 per year.
Alumni Outcomes & Career Paths
Academy College, a private for-profit institution in Bloomington, MN, with a small student body of 56, presents a unique profile for graduate outcomes. Given its size and for-profit nature, the primary focus is likely on vocational training and direct entry into specific industries rather than broad academic exploration or extensive graduate school placement. While specific data on major employers recruiting directly from Academy College is not publicly detailed, institutions of this type often see alumni placed in roles within the healthcare support, administrative services, and potentially specialized IT or business operations sectors. Given the median earnings of $48,300 over 10 years, it suggests graduates are entering mid-level positions rather than executive roles immediately post-graduation. The graduation rate of 48.4% indicates a significant portion of students do not complete their programs, which can impact the perceived value and consistency of alumni preparedness. Career services at for-profit colleges typically emphasize job placement assistance, resume building, and interview preparation, aiming to connect students with entry-level positions. Internship pipelines are crucial for such institutions; however, without specific program details, it's difficult to name concrete partnerships. Geographic hiring patterns for Academy College alumni would likely be concentrated in the Minneapolis-St. Paul metropolitan area, given its location and the typical focus of smaller, regional institutions on local job markets. It is unlikely that a significant number of alumni pursue graduate studies, as the curriculum and mission are generally geared towards immediate workforce entry.
Campus Life & Culture at Academy College
Academy College serves a small, focused student body primarily interested in acquiring specific vocational skills for immediate career entry. The student population is likely diverse in terms of professional goals and backgrounds, united by a common objective of career advancement. Students who thrive here are self-motivated, goal-oriented individuals seeking practical, career-focused education.
Academy College, nestled in Bloomington, MN, offers a unique, intimate campus experience due to its small size of just 56 students. This creates a close-knit community where students often know each other across different programs. The 'vibe' is highly focused and career-oriented, reflecting its private for-profit nature. Social life is less about large-scale events and more about building professional networks and engaging in smaller, interest-based gatherings. Given the size, there isn't a traditional Greek life or extensive athletics program. Instead, student organizations are likely to be highly specialized, perhaps focusing on industry-specific clubs related to the college's programs. Dining is likely to be integrated into the campus facilities, offering convenient options for students focused on their studies. Housing is also a key consideration; while not explicitly detailed, students at smaller institutions often seek off-campus apartments in the surrounding Bloomington area, which offers a suburban feel with access to Minneapolis amenities. The emphasis here is on academic and professional development, with social interactions often stemming from shared academic pursuits or career aspirations. Expect a collaborative environment where students support each other's goals, fostering a sense of shared purpose.
Campus Highlights
- Intimate class sizes fostering personalized attention.
- Strong focus on career readiness and direct job placement.
- Industry-experienced faculty bringing real-world insights.
- Close-knit community due to the very small student population.
- Located in Bloomington, offering suburban amenities with city access.
- Programs designed for rapid entry into specific professional fields.
Location & Regional Advantages
Academy College's location in Bloomington, Minnesota, offers a mixed bag of advantages for its students. Situated within the bustling Minneapolis-St. Paul metropolitan area, graduates benefit from proximity to a diverse and robust job market. The Twin Cities region is a hub for numerous Fortune 500 companies, including retail giants like Target and Best Buy, healthcare providers such as Allina Health and Fairview Health Services, and a growing tech sector. This proximity provides a natural advantage for securing internships and entry-level employment, particularly in fields aligned with the college's likely vocational focus. The cost of living in Bloomington is moderate compared to major coastal cities, making the median earnings of $48,300 potentially more sustainable for graduates. Quality of life in the Twin Cities is generally high, with abundant parks, cultural attractions, and a strong sense of community. However, the region is known for its harsh winters, which can be a significant factor for some. Safety in Bloomington is generally good, with crime rates comparable to other suburban areas. The primary career opportunity advantage stems from the sheer density of businesses and industries within a short commute, offering a wider net for job seekers than a more isolated institution might provide. This accessibility to a large employment base is a key geographic benefit for Academy College graduates.
How to Get Into Academy College
Gaining admission to Academy College, given its small size and specialized nature, likely involves a straightforward application process focused on your career aspirations and readiness for focused study. Since it's a private for-profit institution, the admissions process is less about selectivity based on GPA or test scores (which are not provided) and more about ensuring you are a good fit for their career-oriented programs. The admissions office will likely value clear goals, a demonstrated interest in the field of study, and the ability to succeed in a rigorous, career-focused environment. Your application essay should articulate your specific career ambitions and how Academy College's programs align with them. Highlight any relevant experience or skills that show your commitment. Since there's no mention of Early Decision or Early Action, focus on submitting your application well before the stated deadlines to ensure full consideration for any available financial aid or program slots. The timeline should prioritize thorough research into the specific programs offered and a clear articulation of your post-graduation goals.
How Academy College Compares to Similar Schools
Similar schools: Globe University (now defunct, but historically a similar competitor), Herzing University, Capella University (online focus, but similar for-profit model), DeVry University (online focus, but similar for-profit model)
Advantages
- Proximity to the Minneapolis-St. Paul job market, offering local employment opportunities.
- Smaller student body potentially allows for more personalized attention (though this is not guaranteed).
- Focus on specific vocational training that may align directly with in-demand local jobs.
Disadvantages
- Significantly lower graduation rate compared to many traditional institutions.
- Lower median earnings post-graduation compared to many public and private non-profit universities.
- For-profit model often carries a stigma and may be viewed less favorably by some employers compared to non-profit alternatives.
Best For
- Students seeking a small, personalized learning environment may find Academy College suitable.
- Prospective students interested in fields with high demand and better job placement outcomes may want to consider other options.
Avoid If
- Students looking for a diverse student body with a mix of racial and ethnic backgrounds may want to explore other colleges.
- Prospective students with a preference for institutions with higher graduation rates and better job placement outcomes may want to consider other options.
Frequently Asked Questions about Academy College
How much does it cost to attend Academy College?
In-state tuition at Academy College is $18,680 per year, and out-of-state tuition is $18,680 per year. The median student debt at graduation is $29,500.
What is the graduation rate at Academy College?
Academy College has a graduation rate of 48.4%.
How much do Academy College graduates earn?
The median earnings for Academy College graduates 10 years after enrollment is $48,300. With median debt of $29,500, graduates earn roughly 1.6x their debt level annually.
How big is Academy College?
Academy College has approximately 56 students and is classified as a small institution. It is located in Bloomington, MN and is a Private For-Profit institution.
Is Academy College worth the cost?
Academy College has an ROI score of -35 out of 100. With in-state tuition of $18,680 per year and median post-graduation earnings of $48,300, the data suggests the return on investment may be below average.
Where is Academy College located?
Academy College is located in Bloomington, MN. It is a Private For-Profit institution with approximately 56 students.
How much student debt do Academy College graduates have?
The median student debt for Academy College graduates is $29,500. With median earnings of $48,300 ten years after enrollment, graduates can expect a debt-to-income ratio of 61%.
Is Academy College a good college?
Academy College has a graduation rate of 48.4% and median post-graduation earnings of $48,300. Academy College has a small student body of 56 students, which may limit resources and opportunities.
How does Academy College compare to similar colleges?
The college has a high median debt of $29,500, which is above the national average for private for-profits. Academy College's median earnings and graduation rate are below average compared to peer institutions, making it less competitive in terms of value.
What career prospects do Academy College graduates have?
Graduates of Academy College may find it challenging to secure high-paying jobs, especially if they are not in fields with high demand.
What should prospective students know about Academy College?
Academy College is positioned in a market where it competes with other private for-profit institutions, which often have higher graduation rates and better job placement outcomes.
What makes Academy College stand out?
The majority of students are white (46.43%), with a small percentage of students from other racial backgrounds.
What are the pros and cons of attending Academy College?
Academy College is located in Bloomington, MN, which may offer limited job opportunities in the immediate area.
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- Globe University (now defunct, but historically a similar competitor)
- Herzing University
- Capella University (online focus, but similar for-profit model)
- DeVry University (online focus, but similar for-profit model)
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.