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Is Carnegie Institute worth it?
A first pass affordability and outcome read for Carnegie Institute, using national average inputs. Run your own numbers for a personalized score.
Worth-It Score
Affordable
Carnegie Institute lands in the affordable band for a typical family. Graduates earn a median of $38,244 ten years after enrolling, and that makes the median debt of $9,336 more manageable than it looks at first glance. For context, Carnegie Institute's net price sits about 35% below the typical 2-year, private for-profit school. On the numbers alone, this school clears the bar comfortably.
Is the price fair?
Compared to 145 similar 2-year, private for-profit schools
This school
$14,418
/yrAverage school like this
$22,311
/yrThis helps your Worth-It Score
You'd pay about $7,893 less per year than the typical student at a similar school. Over 4 years that's roughly $32,000 in savings.
Score breakdown
The public version of the score weighs affordability, after graduation outcomes, and repayment burden.
Affordability
40% weight
The yearly net price sits in a range that leaves more room for family cash flow and lower borrowing.
Outcome
40% weight
The outcome data is workable, but not so strong that it erases financing risk.
Repayment
20% weight
Median debt stays in a more comfortable repayment range for a typical graduate.
The numbers behind the score
Median net price per year
$17,042
Median earnings 10 years out
$38,244
Median debt at graduation
$9,336
Graduation rate
84%
At Carnegie Institute, a typical graduate carries about $9,336 in student debt and earns roughly $38,244 ten years after enrolling. On a standard 10-year repayment plan, that works out to about $106 per month, or 3% of pre-tax income. That sits inside a borrower comfort range for many graduates.
How earnings compare to a high school diploma
Graduates earn $3,556 less than the typical high school graduate ($41,800) ten years after entering this school. A federal rule finalized in July 2026 ties undergraduate student-loan eligibility to a comparison like this one, with the first calculations expected in 2027.
64% of former students here out-earned that benchmark ten years after entry, per College Scorecard.
Context, not a federal determination: the official test will use earnings measured four years after completion and thresholds the Department of Education has not yet published, which may vary by state. Our figure is College Scorecard median earnings ten years after entry. How this works
What this means for your family
Carnegie Institute is a two year school in Troy, MI. For many families, the real question is not just sticker price but what this path unlocks next, whether that is direct employment, transfer, or a lower cost route into a four year degree.
Similar schools worth comparing
These schools share a similar sector, geography, or price range.
2-year
Empire Beauty School-Michigan
Grand Rapids, MI
Worth-It Score: 59/100
Median net price: $17,021
2-year
Paul Mitchell the School-Great Lakes
Port Huron, MI
Worth-It Score: 54/100
Median net price: $17,263
2-year
Michigan College of Beauty-Troy
Troy, MI
Worth-It Score: 60/100
Median net price: $18,013
2-year
Twin City Beauty
Saint Joseph, MI
Worth-It Score: 51/100
Median net price: $18,125
2-year
French Academy of Cosmetology
Spring Lake, MI
Worth-It Score: 76/100
Median net price: $15,806
Common questions about Carnegie Institute
The median net price at Carnegie Institute is $17,042 per year. That is the average yearly price after typical grant aid for students in the public federal data, not the published sticker price.
Get your personalized Worth-It score
National averages are a starting point. Plug in your actual aid offer, intended major, and family situation to get a score that reflects your specific picture.
The Worth-It Score weighs affordability (40%), after graduation outcomes (40%), and repayment burden (20%). Underlying data points come from publicly available federal higher education reporting. See full methodology →
Now work out how to pay for it, cheapest money first.
A Worth-It Score tells you whether the price is justified. The 2026-27 funding guide covers the borrowing order, what changed on July 1, 2026, and the current limits.
Open the 2026-27 funding guide →