The New England Conservatory of Music

What the IPEDS & College Scorecard Data Shows for The New England Conservatory of Music

The New England Conservatory of Music operates as a private nonprofit institution located in Boston, Massachusetts (city: large), with a total reported enrollment of 393 students of which 402 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. The New England Conservatory of Music 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 41.1%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $46,754, with published in-state tuition of $60,750 and a Pell grant recipient share of 7.4%. Median federal student debt at graduation is $27,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 75.6%, and the first-year retention rate is 88.4%. Graduates earn a median of $34,483 ten years after enrolling, compared with $18,830 six years post-enrollment. Within three years of entering repayment, 11300.0% of borrowers are making progress on their federal loans, and 55.7% 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.