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Taylor Business Institute

Chicago, IL 60602 — Private For-Profit

Value Score: 50/100 | ROI Score: -47 | Affordability Score: 75/100

Tuition (In-State): $12,000 | Out-of-State: $12,000

Acceptance Rate: 91.2% | Graduation Rate: 64.1%

Median Earnings (10yr): $25,559

Student Body Size: 98 (small)

Pell Grant Recipients: 4.3% | Federal Loan Rate: 2.5%

Average Faculty Salary: $3,638/month

Tuition & Affordability Analysis

In-state tuition at Taylor Business Institute is $12,000 per year, which is 70% below the national average for private institutions.

Out-of-state students pay $12,000/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: $48,000 (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 Taylor Business Institute:

  • Families earning $0–$30,000: $12,982/year

Admissions Snapshot

Taylor Business Institute has an acceptance rate of 91.2%, placing it in the Open Admission (85%+) category.

Taylor Business Institute accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

Graduate Outcomes & Return on Investment

64.1% of students at Taylor Business Institute complete their degree, 3% above the national average. This is a solid graduation rate.

Graduates of Taylor Business Institute earn a median salary of $25,559 ten years after enrollment, 38% below the national average.

Financial Aid Profile

4.3% of students at Taylor Business Institute receive Pell Grants (federal need-based aid for families earning under ~$60,000), 87% 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.

2.5% of students take federal loans, 95% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $3,638/month, 58% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Taylor Business Institute enrolls 98 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 100/100 (higher = more diverse). Taylor Business Institute has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 0%, Hispanic 1%, Black 4%, Asian 0%.

Report Card: Overall Grade D+

Taylor Business Institute receives an overall grade of D+ based on six dimensions:

  • Academics: D+
  • Value: F
  • Outcomes: F
  • Affordability: A+

College Analysis

Taylor Business Institute is a Private For-Profit institution in Chicago, IL with approximately 98 students. Academics: Offers a small, focused learning environment with a high admission rate. Value: Moderate tuition with a relatively low graduation rate and earnings. Outcomes: Graduates earn a median salary of $25,559 after 10 years, below the national average. i: ["High admission rate suggests easy access but may indicate lower academic rigor.", "Small student body could limit resources and networking opportunities.", "Low graduation rate may be due to financial or academic challenges.", "Median earnings are below the national average for business graduates."] v: Compared to peer institutions, Taylor Business Institute offers lower tuition but lower academic and financial outcomes.

The Verdict: Is Taylor Business Institute Worth It?

Taylor Business Institute presents a challenging value proposition, primarily due to its median 10-year earnings of $25,559. With an in-state and out-of-state tuition of $12,000, and no readily available median debt figures (which is unusual and potentially concerning), the return on investment appears significantly low. If we assume a student completes a program within one year, the cost of tuition alone is nearly half of their annual median earnings. The ROI score of -47 further underscores this concern, indicating a substantial negative return. Without clear data on median debt, it's difficult to calculate a precise debt payoff timeline, but based on the low median earnings, it would likely be protracted. Compared to the potential earnings from many other institutions, especially those with higher graduation rates and stronger career placement, Taylor Business Institute appears overpriced for the financial outcomes it delivers. It is not a hidden gem, and the data suggests it is not a good deal for the money.

Return on Investment

With in-state tuition of $12,000 per year ($48,000 over four years) and median earnings of $25,559 ten years after enrollment, Taylor Business Institute offers a below-average return on investment.

Academic Profile

Taylor Business Institute's academic profile is characterized by its specialized focus on business education, designed to equip students with practical skills for immediate career entry. While specific department strengths aren't detailed in the provided data, it's reasonable to infer that programs in areas like Business Administration, Marketing, Finance, and Management are central to TBI's offerings. Given its for-profit nature and smaller size, the curriculum is likely highly applied, emphasizing case studies, real-world projects, and industry-relevant coursework. Research opportunities may be less traditional than at larger research universities, potentially focusing more on applied research or capstone projects that address current business challenges. Faculty quality, while not directly measurable by salary data (N/A), is typically driven by industry experience in for-profit institutions, meaning instructors often bring extensive professional backgrounds into the classroom. The student-faculty ratio, also not provided, is likely to be low given the small student body of 98, allowing for more personalized attention. TBI does not appear to offer traditional honors programs or extensive study abroad options, aligning with its mission of direct career preparation. Academic support resources would likely include career services, tutoring in core business subjects, and academic advising focused on course selection and graduation planning. Students seeking a hands-on, career-focused business education in an urban setting would find TBI's approach particularly beneficial.

Financial Aid Guide for Taylor Business Institute

Pell Grant recipients: 4.3%. Students taking federal loans: 2.5%.

Navigating financial aid at Taylor Business Institute requires understanding its structure as a private for-profit institution. With an in-state and out-of-state tuition of $12,000, the cost is relatively accessible compared to many private universities. Merit aid, which is awarded based on academic achievement, may be available, though specific scholarship programs are not detailed. It's crucial for prospective students to inquire directly with the admissions and financial aid offices about any available merit-based scholarships tied to GPA or specific achievements. Need-based aid, determined by a student's financial circumstances as assessed through the FAFSA, is also a primary component. Given the tuition cost, students from lower to middle-income brackets are likely to receive a significant portion of their aid through federal grants (like Pell Grants, though the rate is N/A) and federal student loans. Work-study opportunities, which allow students to earn money through part-time campus jobs, may be offered, providing a way to offset living expenses. Typical aid packages can vary widely, but for students with demonstrated financial need, grants and loans could cover a substantial portion of the $12,000 tuition. Scholarship tips include researching external business-focused scholarships and applying early for all institutional aid. Negotiating aid at for-profit institutions can be less common than at non-profits, as their pricing structures are often more standardized, but it's always worth a conversation with the financial aid office if you have extenuating circumstances or competing offers.

Hidden Costs at Taylor Business Institute

  • Off-campus housing in Chicago can range from $700 to $1,500+ per month, depending on the neighborhood and number of roommates.
  • A monthly meal budget for dining out or groceries in Chicago could easily be $400 to $600.
  • Textbooks and course materials can cost an estimated $800 to $1,200 per academic year.
  • Student activity fees or technology fees, if applicable, might add $100 to $300 annually.
  • Transportation costs, including public transit passes (CTA Ventra card) or potential parking fees if commuting by car, could be $100 to $250 per month.
  • Health insurance, if not covered by a parent's plan or a student plan, could add $2,000 to $4,000 per year.
  • Personal expenses, such as toiletries, entertainment, and incidentals, can add another $200 to $400 per month.

Alumni Outcomes & Career Paths

Taylor Business Institute, a private for-profit institution in Chicago, IL, serves a small student body of 98. Given its size and for-profit nature, the career outcomes data suggests a focused approach, likely on vocational training for specific roles. While specific major employer lists are not readily available, institutions of this type often place graduates in entry-level positions within sectors that value immediate job readiness. This could include roles in administrative support, customer service, sales, and potentially entry-level accounting or bookkeeping positions. Industries where alumni might cluster include small to medium-sized businesses, retail, healthcare administration, and financial services firms that hire for operational roles. Graduate school placement rates are typically not a primary focus for for-profit business institutes, with most students seeking direct entry into the workforce. Notable alumni information is also scarce, which is common for smaller, specialized institutions. Career services at such schools often emphasize resume building, interview preparation, and direct job placement assistance, aiming to connect students with local employers. Internship pipelines are likely developed through direct relationships with Chicago-area businesses seeking to fill specific, often entry-level, positions. Geographic hiring patterns would predominantly favor the Chicago metropolitan area and its surrounding suburbs, where the institute is located and where its network of employers is likely concentrated.

Campus Life & Culture at Taylor Business Institute

Taylor Business Institute attracts a student body primarily focused on launching or advancing their careers in business, likely drawing a significant number of local students from the Chicago metropolitan area. The student who thrives here is self-motivated, career-oriented, and comfortable navigating an urban environment, seeking a direct and practical path to professional success.

Taylor Business Institute (TBI) offers a focused, career-oriented campus experience in the heart of Chicago. As a smaller institution with 98 students, the community is tight-knit, fostering strong relationships among students and faculty. The 'vibe' is professional and driven, with students primarily focused on acquiring the skills and credentials needed to enter the business world. Social life is less about large-scale campus events and more about leveraging the city's offerings. Students often connect through shared academic pursuits and professional networking events. Given its urban setting, there isn't a traditional on-campus housing system; students typically arrange their own living situations in apartments throughout Chicago's diverse neighborhoods. This offers a unique opportunity to experience city living while attending school. Dining is similarly decentralized, with students utilizing the vast array of restaurants, cafes, and food options available in the surrounding areas, from quick bites near campus to exploring culinary scenes in different parts of the city. Student organizations are likely to be centered around business disciplines, such as marketing clubs, finance associations, or entrepreneurship groups, providing practical experience and networking opportunities. Athletics and Greek life are not prominent features at TBI, reflecting its specialized mission. The emphasis is squarely on academic achievement and career preparation, making it an ideal environment for self-motivated individuals seeking a direct path to business careers.

Campus Highlights

  • Prime Chicago Location: Access to internships, networking, and cultural experiences in a major metropolitan hub.
  • Career-Focused Curriculum: Emphasis on practical business skills designed for immediate job market entry.
  • Small Class Sizes: Likely offers personalized attention and direct interaction with instructors.
  • Industry-Experienced Faculty: Instructors often bring real-world business expertise into the classroom.
  • Affordable Tuition: Relatively low tuition compared to many private institutions.
  • Urban Living Experience: Encourages students to engage with and navigate the city independently.

Location & Regional Advantages

Taylor Business Institute's location in Chicago, IL, offers a significant advantage due to the city's status as a major economic hub. Chicago boasts a diverse and robust job market, particularly strong in finance, technology, healthcare, manufacturing, and transportation. This provides a broad spectrum of potential employers for graduates. The cost of living in Chicago is moderate compared to other major coastal cities, though it can be higher than in smaller Midwestern towns. Proximity to industry hubs is excellent; Chicago is home to the headquarters or major offices of numerous Fortune 500 companies, including those in the financial sector (e.g., CME Group, Northern Trust), retail (e.g., Sears, Walgreens), and manufacturing. This proximity facilitates networking and internship opportunities. Quality of life in Chicago is high, with world-class museums, parks, diverse culinary scenes, and cultural events, though the weather can be a significant drawback for some, with harsh winters. Safety varies by neighborhood, as in any large city. The strong local economy and the presence of a vast business network directly benefit Taylor Business Institute graduates by offering a concentrated pool of potential employers and career advancement opportunities within the metropolitan area.

How to Get Into Taylor Business Institute

Applying to Taylor Business Institute (TBI) is a straightforward process, reflecting its open admission rate of 91.2%. The admissions office likely values a clear interest in pursuing a business education and a demonstrated ability to succeed in a focused academic environment. While SAT/ACT scores are not a factor (N/A), a strong high school GPA is generally preferred, though TBI aims to provide access to education. The application likely consists of a standard form, possibly a high school transcript, and potentially a brief essay or personal statement. Essay topics that work well would focus on career aspirations, why TBI is the right fit for those goals, and any relevant experiences that highlight your motivation and work ethic. Given the high admission rate, demonstrated interest is less about complex tracking and more about genuine engagement with the admissions team – attending information sessions, asking thoughtful questions, and clearly articulating your reasons for choosing TBI. The timeline should involve applying well before the start of your intended term to ensure adequate time for financial aid processing. For TBI, the strategy is less about outmaneuvering a competitive applicant pool and more about presenting yourself as a motivated individual ready to take advantage of the career-focused education offered.

How Taylor Business Institute Compares to Similar Schools

Similar schools: DeVry University (Chicago Campus), Keller Graduate School of Management (Chicago Campus), National Louis University (Chicago Campus)

Advantages

  • Potentially more specialized, vocational training for specific entry-level roles.
  • Smaller class sizes may offer more personalized attention.
  • Stronger focus on immediate job placement within the Chicago area.

Disadvantages

  • Significantly lower median earnings compared to peers.
  • Lower graduation rate suggests potential student attrition or completion issues.
  • Less established reputation and alumni network compared to larger, more traditional institutions.

Frequently Asked Questions about Taylor Business Institute

How much does it cost to attend Taylor Business Institute?

In-state tuition at Taylor Business Institute is $12,000 per year, and out-of-state tuition is $12,000 per year.

What is the acceptance rate at Taylor Business Institute?

Taylor Business Institute has an acceptance rate of 91.2%.

What is the graduation rate at Taylor Business Institute?

Taylor Business Institute has a graduation rate of 64.1%.

How much do Taylor Business Institute graduates earn?

The median earnings for Taylor Business Institute graduates 10 years after enrollment is $25,559.

How big is Taylor Business Institute?

Taylor Business Institute has approximately 98 students and is classified as a small institution. It is located in Chicago, IL and is a Private For-Profit institution.

Is Taylor Business Institute worth the cost?

Taylor Business Institute has an ROI score of -47 out of 100. With in-state tuition of $12,000 per year and median post-graduation earnings of $25,559, the data suggests the return on investment may be below average.

Where is Taylor Business Institute located?

Taylor Business Institute is located in Chicago, IL. It is a Private For-Profit institution with approximately 98 students.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.