Mildred Elley School-Albany Campus
Albany, NY 12206-1513 — Private For-Profit
Value Score: 55/100 | ROI Score: -39 | Affordability Score: 75/100
Tuition (In-State): $15,865 | Out-of-State: $15,865
Graduation Rate: 31.6%
Median Earnings (10yr): $38,830 | Median Debt: $19,000
Student Body Size: 369 (small)
Pell Grant Recipients: 62.1% | Federal Loan Rate: 69.1%
Average Faculty Salary: $5,907/month
Tuition & Affordability Analysis
In-state tuition at Mildred Elley School-Albany Campus is $15,865 per year, which is 60% below the national average for private institutions.
Out-of-state students pay $15,865/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: $63,460 (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 Mildred Elley School-Albany Campus:
- Families earning $0–$30,000: $23,758/year
- Families earning $30,001–$48,000: $24,972/year
- Families earning $48,001–$75,000: $22,321/year
- Families earning $75,001–$110,000: $23,598/year
- Families earning $110,000+: $31,734/year
Graduate Outcomes & Return on Investment
31.6% of students at Mildred Elley School-Albany Campus complete their degree, 49% below the national average. This low graduation rate is a significant concern that prospective students should weigh carefully.
Graduates of Mildred Elley School-Albany Campus earn a median salary of $38,830 ten years after enrollment, 5% below the national average. This represents a $3,830/year earnings premium over the average high school diploma holder, or $114,900 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $19,000, 12% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $206/month, with a total repayment of $24,720 (including $5,720 in interest).
Debt-to-Earnings Ratio: 0.49x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Mildred Elley School-Albany Campus pays for itself in approximately 17 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.
Financial Aid Profile
62.1% of students at Mildred Elley School-Albany Campus receive Pell Grants (federal need-based aid for families earning under ~$60,000), 88% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.
69.1% of students take federal loans, 47% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $5,907/month, 32% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Mildred Elley School-Albany Campus enrolls 369 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 78/100 (higher = more diverse). Mildred Elley School-Albany Campus has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 23%, Hispanic 14%, Black 38%, Asian 2%.
Mildred Elley School-Albany Campus: Low Graduation Rates and High Debt
- Mildred Elley-Albany: Is the Price Tag Worth the Paycheck?
- Decoding Mildred Elley-Albany: Your Career Launchpad or Financial Stumble?
- Beyond the Diploma: Real-World Outcomes at Mildred Elley School-Albany
Report Card: Overall Grade C-
Mildred Elley School-Albany Campus receives an overall grade of C- based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C
- Affordability: A+
College Analysis
Mildred Elley School-Albany Campus is a Private For-Profit institution in Albany, NY with approximately 369 students. Academics: The school has a low graduation rate of 31.58%, indicating potential challenges in academic success. Value: The median debt of $19,000 is relatively high, and the ROI score is negative, suggesting the degree may not be worth the cost. Outcomes: Graduates earn a median salary of $38,830 after 10 years, which is below the national average for similar institutions.
The Verdict: Is Mildred Elley School-Albany Campus Worth It?
Mildred Elley School-Albany Campus presents a challenging value proposition. With an out-of-pocket cost potentially around $15,865 annually (before aid) and a median 10-year earning of $38,830, the return on investment appears strained. The median debt of $19,000, when combined with tuition, suggests a significant financial commitment relative to earning potential. A rough calculation indicates that it could take over 5 years to repay the median debt solely from the median earnings, without accounting for living expenses or taxes. The ROI score of -39 further underscores concerns about the financial viability of a degree from this institution. While the school provides specific vocational training that can lead to employment, the earnings potential does not strongly justify the cost and debt incurred. It is not a good deal, and graduates should carefully weigh the cost against realistic earning expectations and explore all available financial aid options to minimize debt.
Return on Investment
Given the negative ROI score and high median debt, the degree from Mildred Elley School-Albany Campus may not be financially beneficial.
Debt Reality Check
Median student debt at Mildred Elley School-Albany Campus: $19,000. Monthly payment on a standard 10-year plan: $216/month. Total repaid: $25,920 ($6,920 in interest).
Breakeven vs high school diploma: 2.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $25,920.
Strengths
- Small student body size
- Predominantly minority student population
Weaknesses
- Low graduation rate
- High median debt
Academic Profile
Mildred Elley School-Albany Campus excels in providing specialized, career-focused education, preparing students for immediate entry into the workforce. The institution is particularly strong in allied health and legal support fields. Notable programs include Medical Assisting, Dental Assisting, and Paralegal Studies, which are designed with industry standards and employer needs at the forefront. While specific research opportunities for undergraduates are limited due to the program structure, the curriculum emphasizes hands-on learning and practical application, often incorporating case studies and simulated professional environments. Faculty members are typically experienced professionals from the fields they teach, bringing real-world insights and industry connections into the classroom. This practical expertise is a significant asset, though it means faculty may not be engaged in traditional academic research. Academic support is a cornerstone of the Mildred Elley experience. The school offers tutoring services, academic advising, and career services designed to help students succeed both academically and in their job searches. These resources are crucial for students aiming to master specific vocational skills and navigate the transition from education to employment. The focus is on skill acquisition and professional readiness, ensuring graduates are well-equipped for their chosen careers.
Financial Aid Guide for Mildred Elley School-Albany Campus
Pell Grant recipients: 62.1%. Students taking federal loans: 69.1%.
Navigating financial aid at Mildred Elley School-Albany Campus requires a clear understanding of its for-profit status and career-focused mission. The stated out-of-pocket tuition is $15,865 per year. For students seeking financial assistance, the primary avenues are federal student aid programs, including Pell Grants for eligible low-income students and federal student loans. Mildred Elley likely participates actively in these programs, and prospective students should complete the Free Application for Federal Student Aid (FAFSA) as early as possible. Given the school's size and focus, institutional merit-based scholarships might be less common compared to traditional universities, with aid often being need-based or tied to federal programs. Work-study opportunities may be available, providing students with part-time employment to help finance their education. Typical aid packages will vary significantly based on individual financial circumstances as determined by the FAFSA. For students from lower-income households (e.g., under $30,000 annual income), a substantial portion of tuition might be covered by Pell Grants and federal loans. For middle-income families (e.g., $50,000-$75,000 annual income), federal loans will likely form the bulk of the aid, with potentially smaller grant amounts. Negotiating aid packages at for-profit institutions can be challenging; the focus is often on federal aid eligibility and program costs. It's crucial for students to have detailed conversations with the financial aid office about total program costs, including fees and potential living expenses, and to understand the repayment terms of any loans.
Hidden Costs at Mildred Elley School-Albany Campus
- Textbooks and course materials can range from $800 to $1,500 per year, depending on the program and required resources.
- Student activity fees, technology fees, and other miscellaneous institutional charges can add an estimated $500 to $1,000 annually.
- Transportation costs for commuting students, including gas, public transit passes, or parking permits, could be $500 to $1,500 per year.
- Personal living expenses, such as food, toiletries, and entertainment, can vary widely but budget at least $2,000 to $4,000 per year.
- Professional attire and equipment specific to programs (e.g., scrubs for medical assisting, specific software for paralegal studies) might cost $300 to $800.
- Health insurance, if not covered by a parent's plan or a student plan, could add $2,000 to $4,000 annually.
Alumni Outcomes & Career Paths
Graduates from Mildred Elley School-Albany Campus often find employment in healthcare support, administrative services, and skilled trades, reflecting the school's program offerings. While specific major employer data is limited, common hiring industries include hospitals, medical offices, dental practices, and administrative departments within various businesses. For instance, alumni might secure roles at Albany Medical Center, St. Peter's Health Partners, or local dental clinics like Family Dental Care. Administrative roles could lead to positions at state government agencies in Albany or private sector companies such as CDPHP. The school emphasizes career placement, and its career services department likely focuses on connecting students with local and regional employers. Internship pipelines are crucial for this type of institution, often facilitated through partnerships with healthcare facilities and businesses in the Capital Region. Geographic hiring patterns tend to concentrate within a 50-mile radius of Albany, given the school's focus on local job market needs. Graduate school placement rates are generally not a primary focus for institutions like Mildred Elley, which are geared towards direct entry into the workforce. Notable alumni are not widely publicized, which is common for specialized, for-profit institutions focused on vocational training.
Campus Life & Culture at Mildred Elley School-Albany Campus
The student body at Mildred Elley School-Albany Campus is largely comprised of individuals seeking to enter specific vocational fields, often as a first career or a career change. The demographic tends to be diverse in age and background, with many students pursuing practical, hands-on training. Students who thrive here are typically self-motivated, goal-oriented, and eager to acquire job-ready skills quickly.
Mildred Elley School-Albany Campus offers a focused, career-oriented environment rather than a traditional sprawling university experience. With an enrollment of 369 students, the campus culture is intimate and community-driven. Social life often revolves around shared academic pursuits and extracurricular activities that directly support career goals. While there isn't a traditional residential campus with dormitories, many students commute from the surrounding Albany area, fostering a connection to the local community. This means social events and student organizations are key to building connections. The school offers various student clubs and professional organizations tailored to its program offerings, such as the Medical Assisting Club or the Paralegal Association, providing opportunities for networking and skill development outside the classroom. These groups often host guest speakers, workshops, and community service events. Dining options are typically convenient, with nearby eateries and cafes catering to the student population. The 'vibe' is one of practicality and ambition, where students are actively working towards tangible career outcomes. The campus itself is located in Albany, NY, placing students within reach of state government buildings, healthcare facilities, and legal offices – environments that often serve as future workplaces and internship sites. This proximity influences the student experience, making it feel connected to the professional world even during their studies.
Campus Highlights
- Career-focused curriculum designed for immediate job placement.
- Strong ties to local healthcare and legal industries for internships and employment.
- Small class sizes fostering personalized attention.
- Dedicated career services department assisting with job placement.
- Programs often accredited by relevant professional bodies.
- Convenient Albany location with access to state resources and professional networks.
Location & Regional Advantages
Mildred Elley School-Albany Campus benefits from its location in Albany, NY, the state capital, which offers a stable job market, particularly in government, healthcare, and education. The local job market is robust for allied health professionals and administrative support staff, aligning well with Mildred Elley's program strengths. The cost of living in Albany is moderate compared to major metropolitan areas downstate, making the overall financial picture potentially more manageable for graduates. Proximity to industry hubs is decent; while Albany isn't a global tech or finance center, it's a significant healthcare hub for the Capital Region and has a strong presence of state government. This provides a solid base for graduates seeking immediate employment. Quality of life in Albany offers a mix of urban amenities and access to outdoor recreation in the nearby Adirondack and Catskill Mountains. Weather is typical of upstate New York, with four distinct seasons, including cold, snowy winters and warm summers. Safety is generally good in Albany, though like any city, it has areas with higher crime rates. The location's primary advantage for career opportunities post-graduation lies in its concentration of healthcare providers and state agencies, offering a consistent demand for the skills Mildred Elley graduates acquire.
How to Get Into Mildred Elley School-Albany Campus
Gaining admission to Mildred Elley School-Albany Campus is generally straightforward, as the institution's mission is to provide accessible career training. The admissions process is less about selectivity and more about ensuring students are a good fit for the programs offered and have the potential to succeed. There are no Early Decision or Early Action advantages, as the focus is on enrollment and program readiness. The admissions office primarily values a student's motivation, commitment to a specific career path, and ability to meet program prerequisites. While specific GPA or test score ranges are not typically emphasized as strict cutoffs, a solid high school diploma or GED is required. Essays, if required, should focus on career aspirations, why the chosen program aligns with those goals, and any relevant experiences or challenges overcome. Demonstrated interest is usually shown through active engagement in the admissions process, such as attending information sessions, visiting the campus, and communicating with admissions counselors. The timeline is flexible, but it's advisable to apply at least 3-6 months before the intended start date to allow ample time for financial aid processing and enrollment.
How Mildred Elley School-Albany Campus Compares to Similar Schools
Similar schools: Hudson Valley Community College, Maria College, Albany BOCES - Practical Nursing Program
Advantages
- Mildred Elley offers specialized, career-focused programs that may lead to quicker job placement in specific fields.
- As a private for-profit, it may have more flexible scheduling and accelerated program options.
- Stronger emphasis on career services and employer connections within its niche program areas.
Disadvantages
- Significantly higher tuition costs compared to public community colleges or BOCES programs.
- Lower graduation rates suggest potential challenges with student retention and program completion.
- For-profit status can sometimes lead to a perception of lower academic rigor compared to non-profit institutions.
Best For
- Students seeking high academic support and strong career outcomes may find better options elsewhere.
- Prospective students with a strong financial background or those willing to take on high debt may be suitable.
- Individuals looking for a quick entry into the workforce may find this school suitable.
Avoid If
- Students who prioritize high graduation rates and strong career outcomes should avoid this institution.
- Individuals with a low tolerance for debt should consider other options.
Frequently Asked Questions about Mildred Elley School-Albany Campus
How much does it cost to attend Mildred Elley School-Albany Campus?
In-state tuition at Mildred Elley School-Albany Campus is $15,865 per year, and out-of-state tuition is $15,865 per year. The median student debt at graduation is $19,000.
What is the graduation rate at Mildred Elley School-Albany Campus?
Mildred Elley School-Albany Campus has a graduation rate of 31.6%.
How much do Mildred Elley School-Albany Campus graduates earn?
The median earnings for Mildred Elley School-Albany Campus graduates 10 years after enrollment is $38,830. With median debt of $19,000, graduates earn roughly 2.0x their debt level annually.
How big is Mildred Elley School-Albany Campus?
Mildred Elley School-Albany Campus has approximately 369 students and is classified as a small institution. It is located in Albany, NY and is a Private For-Profit institution.
Is Mildred Elley School-Albany Campus worth the cost?
Mildred Elley School-Albany Campus has an ROI score of -39 out of 100. With in-state tuition of $15,865 per year and median post-graduation earnings of $38,830, the data suggests the return on investment may be below average.
Where is Mildred Elley School-Albany Campus located?
Mildred Elley School-Albany Campus is located in Albany, NY. It is a Private For-Profit institution with approximately 369 students.
How much student debt do Mildred Elley School-Albany Campus graduates have?
The median student debt for Mildred Elley School-Albany Campus graduates is $19,000. With median earnings of $38,830 ten years after enrollment, graduates can expect a debt-to-income ratio of 49%.
Is Mildred Elley School-Albany Campus a good college?
Mildred Elley School-Albany Campus has a graduation rate of 31.6% and median post-graduation earnings of $38,830. High tuition and median debt despite small student body size.
How does Mildred Elley School-Albany Campus compare to similar colleges?
Predominantly minority student population with a high percentage of black students. Compared to peer institutions, Mildred Elley School-Albany Campus has a lower graduation rate and higher median debt, which may not provide a strong return on investment.
What career prospects do Mildred Elley School-Albany Campus graduates have?
Graduates from Mildred Elley School-Albany Campus may find employment in entry-level positions but may struggle with higher debt and lower earnings compared to peers.
What should prospective students know about Mildred Elley School-Albany Campus?
Mildred Elley School-Albany Campus is positioned in a competitive market with other for-profit institutions, where students may face similar challenges in academic success and financial outcomes.
What makes Mildred Elley School-Albany Campus stand out?
Low graduation rate and median earnings suggest potential challenges in career outcomes.
What are the pros and cons of attending Mildred Elley School-Albany Campus?
Negative ROI score indicates the degree may not be financially beneficial.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.