Is New College of Florida worth it?

Sarasota, FL · public

Verdict

Typical students pay $7,195 a year after aid, graduate with $17,375 in federal debt, and earn $32,611 six years after enrolling — an estimated monthly loan payment of $186, with a debt break-even of about 5.3 years.

Net price / year

$7,195

Admission rate

73%

Graduation rate

Median debt

$17,375

Earnings (6 yr)

$32,611

Earnings (10 yr)

$48,082

Est. monthly loan payment

$186

Loan-to-income ratio

53%

Debt break-even

5.3 years

How New College of Florida compares

MetricNew College of FloridaFloridaNational
Net price$7,195$18,146$16,642
Median debt$17,375$9,980$12,377
Earnings (6 yr)$32,611$28,126$33,037
Graduation rate

FAQ

How much does it cost to attend New College of Florida?

The federal average net price after grants and scholarships is $7,195 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do New College of Florida graduates typically carry?

Students who complete a program at New College of Florida leave with a median federal debt of $17,375, based on the U.S. Department of Education's College Scorecard.

What do New College of Florida graduates earn?

Six years after enrolling, former students report median earnings of $32,611, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at New College of Florida?

Graduation rate data is not currently published for this school.

Is New College of Florida worth the debt?

Based on median debt and 6-year earnings, it would take roughly 5.3 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.