Musicians Institute

What the IPEDS & College Scorecard Data Shows for Musicians Institute

Musicians Institute operates as a private for-profit institution located in Hollywood, California (city: large), with a total reported enrollment of 759 students of which 1,169 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Musicians Institute is categorized as “30” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 78.0%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $46,518, with published in-state tuition of $34,322 and a Pell grant recipient share of 19.9%.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 49.2%, and the first-year retention rate is 80.0%. Graduates earn a median of $32,778 ten years after enrolling, compared with $24,962 six years post-enrollment. Within three years of entering repayment, 108400.0% of borrowers are making progress on their federal loans, and 42.4% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.