Is Cleveland Institute of Music worth it?
Cleveland, OH · private-nonprofit
Verdict
Typical students pay $28,226 a year after aid, graduate with $24,968 in federal debt, and earn $20,170 six years after enrolling — an estimated monthly loan payment of $267, with a debt break-even of about 12.4 years.
Net price / year
$28,226
Admission rate
47%
Graduation rate
—
Median debt
$24,968
Earnings (6 yr)
$20,170
Earnings (10 yr)
$32,641
Est. monthly loan payment
$267
Loan-to-income ratio
124%
Debt break-even
12.4 years
How Cleveland Institute of Music compares
FAQ
How much does it cost to attend Cleveland Institute of Music?
The federal average net price after grants and scholarships is $28,226 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Cleveland Institute of Music graduates typically carry?
Students who complete a program at Cleveland Institute of Music leave with a median federal debt of $24,968, based on the U.S. Department of Education's College Scorecard.
What do Cleveland Institute of Music graduates earn?
Six years after enrolling, former students report median earnings of $20,170, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Cleveland Institute of Music?
Graduation rate data is not currently published for this school.
Is Cleveland Institute of Music worth the debt?
Based on median debt and 6-year earnings, it would take roughly 12.4 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.