Maryland Institute College of Art ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$220,600
In-state tuition x 4
Earnings Premium
$-1,549/yr
below high school diploma avg
Break-Even Point
N/A years
After graduation
20-Year ROI
-114%
Return on investment
ROI Analysis
The Maryland Institute College of Art (MICA) has a high tuition cost. The annual tuition for in-state students is $55,150. One year after graduation, alumni earn a median of $23,881. Five years after graduation, earnings increase to $33,451, and after ten years, earnings reach $45,212.
The median debt for MICA graduates is $26,500. With a median debt of $26,500 and a median salary of $23,881 one year after graduation, the debt-to-income ratio is approximately 1.11. The college reports that 40.2% of students receive financial aid.
Given the tuition cost and earnings data, it would take a graduate more than one year to earn the amount of their debt. The break-even point, where cumulative earnings equal the initial tuition cost, would take significantly longer.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$55,150
Median Debt at Graduation
$26,500
Median Earnings (5yr)
$33,451
Graduation Rate
74%
Receive Financial Aid
40%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Design and Applied Arts | $88,647 | 386% |
| Fine and Studio Arts | $36,553 | -86% |
| Film/Video and Photographic Arts | $34,278 | N/A |
| Teacher Education and Professional Development, Specific Subject Areas | $53,734 | 70% |
| Visual and Performing Arts, General | $0 | N/A |
| Environmental Design | $0 | N/A |
| Arts, Entertainment,and Media Management | $0 | N/A |
| Multi/Interdisciplinary Studies, Other | $141,011 | 861% |
| Business Administration, Management and Operations | $0 | N/A |
| Crafts/Craft Design, Folk Art and Artisanry | $0 | N/A |
| Visual and Performing Arts, Other | $0 | N/A |
| Cultural Studies/Critical Theory and Analysis | $0 | N/A |
Peer Comparison
0%
20yr ROI
0%
20yr ROI
0%
20yr ROI
0%
20yr ROI
Financial Aid Impact
Before Aid
After Aid (Estimated)
Frequently Asked Questions
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.