Is School of the Art Institute of Chicago worth it?

Chicago, IL · private-nonprofit

Verdict

Typical students pay $49,790 a year after aid, graduate with $27,000 in federal debt, and earn $26,742 six years after enrolling — an estimated monthly loan payment of $289, with a debt break-even of about 10.1 years.

Net price / year

$49,790

Admission rate

77%

Graduation rate

Median debt

$27,000

Earnings (6 yr)

$26,742

Earnings (10 yr)

$40,151

Est. monthly loan payment

$289

Loan-to-income ratio

101%

Debt break-even

10.1 years

How School of the Art Institute of Chicago compares

MetricSchool of the Art Institute of ChicagoIllinoisNational
Net price$49,790$14,331$16,642
Median debt$27,000$12,653$12,377
Earnings (6 yr)$26,742$34,835$33,037
Graduation rate

FAQ

How much does it cost to attend School of the Art Institute of Chicago?

The federal average net price after grants and scholarships is $49,790 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do School of the Art Institute of Chicago graduates typically carry?

Students who complete a program at School of the Art Institute of Chicago leave with a median federal debt of $27,000, based on the U.S. Department of Education's College Scorecard.

What do School of the Art Institute of Chicago graduates earn?

Six years after enrolling, former students report median earnings of $26,742, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at School of the Art Institute of Chicago?

Graduation rate data is not currently published for this school.

Is School of the Art Institute of Chicago worth the debt?

Based on median debt and 6-year earnings, it would take roughly 10.1 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.