CREW: Department of Education: Regarding For-Profit Education: 12/3/10 - Attachment 1 To DBergeron5email - Crew01704

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SUMMARY PAGE FOR GAINFUL EMPLOyMENT OPTIONS

Kev Assumptjons for GE calcul~lIons


1. Cost of programs based on reported cost I credit hour and program length
2. Percent of degree financed assumes Tille IV % revenues less 10% (transfer credits and cash}
3. Debt service payment based on 7.5% interest rate (6.8% goV'tloans /12% private)
4. Starting salaries taken from applicable BLS codes, by pr09ram category and job type
5. StUdent mix by program level and program type used to caCeulate total revenue impact
6. Assume 4% tUition increase per year for.2 and 4 year degree cost estimates

CURRENT ANNUAL TUITION (REVENUE PER STUDENT) AVERAGE COST OF A2·YR DEGREE AVERAGE COST OF A 4-YR DEGREE
5 COMPANY AVERAGE
·CUrli!ntWHr_~:r, ··,:·,·····Wi';m~~~{-:-:tt~...,. :~~~F ~ '~Ciii:!O:"~~~ ;~~l,

~I mtRhzymmt 'cc~ Gainful eO'lpfoYrr!ftnl.cenMipl Gi!lnfulemDloylnln1.ocogrt°l


New tYerage annUlt tuitIon under different GI: seenadDt; New cost:'or. 2..yr dcg~ undcH' dlfhnnt GE ae:un.rl-M N...... eot~ or a 4~ i;!otUH under different GE '<lOOartOl5

Il%n!l<! 1!!l'ill!!g MW!I<l WI.I!IlI2 Ili.uIIfs! ~

10·'Wf1'1!lp8ymenl: 1G-yr repa.~ent 10~ repayment


DeltA from currenl cost. Deb from current cost Defto trOfn.cWeflt ~sl

1!S-yr repayment 15-yr repavm-nt 1S-yr ~p~ant .


Dotta 110m Clne;nt c:o~ O~ 1'fIm CUl'uut oost Dltltil rrom ctJ(1~t Cost

2O-yT ... oym.... 200-yT repayment 2.0-yr rePGY"ment


l'I from a.lflltl11 co!.!: Datta from ClIJlrOnt 00' Della from CUlu,nl co~
,Apollo Group (APOL)

Associate's - Business & Management (Business) $20,700 $10;350 76% $15,732 $4,968
Bachelor's - Business & Management (Business) $49,200 $12,300 76% $37,392 $11,808
Bachelor's -Business & Management, Online (Business) $63,600 $15,900 76% $48,336 $15,264
Associate's - Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350 76% $15,732 $4,968
Bachelor's - Health Management (Healthcare) $49,200 $12,300 76% $37,392 $11,808,
Associate's - Accounting (Business) $20,700 $10,350 76% $15,732 . $4,968
Associate's· Hospitality, Travel & Tourism (Business), $20,700 $10,350 76% $15,732 $4,968
Associate's - Information Technology/Support (Technology) $20,700 $10,350 76% $15,732 $4,968
Associate's - Healthcare Administration, Medical Records (He) , $20,700 $10,350 76% $15,]32 $4,968
'Bachelor's - Accounting Online (Business) $63,600 $31,800 76% $48,336 $15,264
Bachelor's - Accounting (Business) $49,200 $12,300 76% . $37,392 $11,808
Bachelor's - Information Systems, Online (Technology) $63,600 $15,900 76% $48,336 $15,264
'Bachelor's - Information Systems (Technology) $49,200 $12,300 76% '$37,392 $11,808
, Bachelor's - Health Administration (Healthcare) , ,$49,200 $12,300 76% $37,392 $11,808
, Bachelor's - Nursing (Healthcare) , '$49,200 $12,300 76% $37,392 $11,808
.. Bachelor's· Public Administration (Business) $49,200 $12,300 76% $37,392 $11,808
, Bachelor's - Public Administration, Online (Business) , $63,600 $15,900 76% $48,336 $15,264
Bachelor's - HR Management (Business) , $49,200 ' $12,300 ' 76% $37,392 $11,808
Bachelor's - HR Management, Online (Business) $63,600 $15,900 76% $48,336 $15,264
Master's - Business Administration (Business) $31,440 $10,480 ' 76% $2,3,894 $7,546
. Bachelor's - Organizational Security/Management (Criminal Justice) $49,200 $12,300 76% $,37,392 $11,808
Associate's - Criminal Justice Concentration (Criminal Justice) $20,700 $10,350 76% $15,732 $4,968 '
Bachelor's - Criminal Justice Administration (Crirninal Justice) $49,200 $12,300. 76% $37,392 $11,808
Associate's· Information Technology (Technology)' $20,700 $10,350 76% $15,732 $4,968
Associate's - Education (Education) $20,700 $10,350 76% $15,732 $4,968
Associate's - Human Services (Arts & Services) $22,000 $7,333 76% $16,720 $5,280
Master's - Health Administration (Health care) $31,440 $10,480 76% $23,894 $7,546
Bachelor's - Communications & Technology (Arts & Services) $49;200 $12,300 76% $37,392 $11,808
Bachelor's - Education, Elementary Teacher (Education) $49,200 $12,300 76% $37,392 $11,808

Current Adjusted Delta ($) Delta (%)


Average cost of education per year $12,567 $9,846 ($2,721) -22%
2-yr degree total cost $25,134 $19,692 ($5,442) -22%
4-yr degree total cost $50,268 $39,383 ($10,885) -22%

Key Assumptions for GE calculations


1. Cost of programs based on reported cost / credit hour and program length
2. Percent of degree financed assumes Title IV % revenues less 10% (transfer credits and cash)
3. Debt service payment based on 7.5% interest rate (6.8% gov't loans /12% private) and ID-yr repayment
4. Starting salaries taken from applicable BLS codes, by program category and job type
5. Debt service / income ratio of 8% based on Gainful Employment proposed regulation
6. Student mix by program level and program type used to calculate total revenue impact
7. Cost cuts estimated on a per-school basis, base.d on disclosed cost cateogries and industry experts
8. EPS impacts based on existing reported information, share counts, and street EPS estimates
9. PIE ratios taken from most recent stock prices
$2,241 $22,730 $1,818 $28,011 ($5,281) ($422) $17,734 72.0% ($2,966) .
$5,326 $42,840 $3,427 $66,577 ($2~,737) ($1,899) $35,868 67.1% ($13,332)
$6,885. $45,900 $3;672 $86,064 ($40,164) ($3,213) $41,043 62.8% ($22;557)
$2,241 $22,770 $1,822 $28,011 ($5,241) ($419) $17,756 72.0% ($2,944)
$5,326 $30,200 $2,416 $66,577 ($36,377) ($2,910) $28,769 59,0% ($20,431)
$2,241 $26,350 $2,108 $28,011 ($1,661) ($133) $19,767 74.9% ($933)
$2,241 $23,940 $1,915 $28,011 ($4,071) ($326) $18,413 73.0% ($2,287)
$2,241 $21,670 $1,734 $28,011 ($6,341) ($507) $17,139 ··71.0% ($3,561)
$2;241 $24,290 $1,943 $28,011 ($3,721) ($298) $18,610 73.3% ($2,090)
. $6,885 $45,900 $3,672 $86,064 ($40,164) ($3,213) $41,043 62.8% ($22,557)
$5,326 $45,900 $3,672 $66,577 ($20,677) ($1,654) $37,587 68.6% ($11,613)
$6,885 $45,900 $3,672 $86,064 ($40,164) ($3,213) $41,043 62.8% ($22,557)
$5,326 $54,330 $4,346· $66,577 ($12,247) ($980) $42,321 72.i% ($6,879)
$5,326 . $40,160 $3,213 $66,577 ($26,417) ($2,113) $34,363 65.6% ($14,837)
$5,326 $51,640 $4,131 $66,577 ($14,937) ($1,195) $40,811 71.1% ($8,389) .
$5,326 $43,890 $3,511. $66,577 ($22;687) ($1,815) . $36,458 67.6% ($12,742) .
$6,885 $43,890 $3,511 $86,064 .($42;174) ($3,374) $39,914 6L8% ($23,686) .
$5;326 $41,480 $3,318 $66,577 . ($25,097) ($2,008) $35,104 66.4% . ($14,096)
$6,885 $41,480 $3,318 $86,064 ($44,584) ($3,567)· $38,560 60.4% ($25,040)·
$3,.:104 $62,900 $5,032 . $42,545 $20,355 $1,628· . $42,872 82.4% $11,432
$5,326 $41,740 $3,339 $66,577 ($24,837) ($1,987) $35,251 66.5% ($13,949)
$;2,241 $23,480 $1,878 $28,011 ($4,531) ($362) $18,155 72.6% ($2,545) .
$5,326 $38,850 $3,108 $66,577 ($27,727) ($2,218) $33,627 64.9% ($15,573)
$2,241 $27,830 $2,226 $28,011 ($181) ($14) $20,598 7$;9% ($102)
$2,241 $25,210 $2,017 $28,011 ($2,801) ($224) $19,127 74.0% ($1,573)
$2,382 $22,000 $1,760 $29,770 ($7,770) ($622) $17,636 70.1% ($4,364)
$3,404 $64,440 $5,155 $42,545 $21,895 $1,752 $43,737 82.7% $12,297
$5,326 $35,060 $2,805 $66,577 ($31,517) ($2,521) $31,499 62.5% ($17,701)
$5,326 $39,890 $3,191 $66,577 ($26,687) ($2,135) $34,211 65.5% . ($14,989)

I I
Avgsalary
$37,816
($1,483) $8,867 20,120 19,114 43-0000 Office/Administrative Support Diploma 0%
($3,333) $8,967 6,135 5,828 13-0000 Business and Financial Operations Occupations Associates 45%
($5,639) $10,261 6,135 5,828 13-2011 Bachelor's 37%
($1,472) $8,878 21,126 20,070 29-2052 Pharmacy Technicians Master's 16%
($5,108) $7,192 11,452 10;879 29-9099 Healthcare Workers, Other Doctoral 2%
($467) $9,883 20,120 19,114 43-3031 Bookkeeping, Accounting & Auditing Clerks Total 100%
($1,143) $9,207 20,120 19,114 41-3041 Travel Agent :udenls (no APOL figures; ass;.:med)
($1,781) $8,569 18,108 17,203 15-1041 Computer Support Specialist
($1,045) $9,305 21,126 20,070 29-2071 Medical Records & Health Info. Technician
($11,279) $20,521 6,135 5,828 Business 30%
($2,903) $9;397 6,135 5,8281 13-2011 Accountants and Auditors Criminal Justice 5%
($5,639) $10,261 14,724 13,988 Education 21%
($1,720) $10,580 14,724 13,988 15-1081 Systems/Data Communications Analysts ArtS & Services 5%
($3,709) $8,591 11,452 10,879 29-0000 Healthcare Practitioner/Technical Healthcare 21%
($2,097) $10,203 11,452 10,879 29-1111 Registered Nurses technology 18%
($3,185) $9,115 6,135 5,828 13-1199 Business Operations Specialists; Other Total· 100%
($5,921) $9,979 6,135 5,828 program mix and APOL dep,ree mix
($3,524) $8,776 6,135 1
5, 828 13-1079 HR, Training & Labor RelationsSpecialists Program AssociClles
.{$6,260} $9,640 6,135 5,828 Business 60,360
$3,811 $14,291 21,360 20,292 11-1021 General & Operations Managers CriminaUustice 10~060
•($3,487) $8,813 4,265 4,052 33-1011 Supervisors/Managers of Correctional. Officers Education 42;252·
($1,272) $9,078 10,060 9,557 33-0000 Protective Service Occupations A~s & Services 10,060
($3,893) $8,407 4,265 4,052 33-3051 Police & Sheriff Patrol Officers Healthcare 42,252
($51) $10,299 18,108 17,203 43-9011 Computer Operators ITeChnOIOgy 36;216
($787) $9,563 42,252 40,139 25-9099 Education, Training and Library Workers Total . 201,200
($1,455) $5,879 10,060 9,557 43-9199 Office/Administrative Support In programs were no Ph.D orMaste
$4,099 $14,579 14,952 14,204 11-09199 Managers, Other
($4,425) $7,875 12,090 11,486 27-4099 Media/Communication Workers, Other
($3,747) $8,553 34,356 32,638 25-2022 Elementary School Teachers
443,000 385,103
201,200 $345 60 $20,700 6
163,600
71,200 Bachelors low-level $345 120 $41,400 12
7,000 Bachelors up.-Ievel $475 120 $57,000 12
443,000 Bachelors online $530 120 $63,600 12
Master's $655 48 $31,440 4.8
Ph.D $745 55 $40,975 5.5

132,900
22,150
93,030
22,iSO University of Phoenix comprises 95% of revenues; the
93,030 are not mate(ialto operating profits. 'Forthis exercise,'
79,740 100% of the stu.dents fall under Title tV requirel11ents (
443,000 small amount of ~tudents in non-US programs as Apoll

yetta turn a profit as of FY09.


49,080 132,900
.8,530 22,150
34,~S6 93,030
12,090. 22,150
34,356 14,952' 1,470 93~030
29,448 . 12,816 1;260 79,740
167,860 67,640 6,300 443,000
r's degree exists, the percentage mix was added to Bachefor's.
Associate's - Business & Management (Business) $20,700 '
$18,630 $16,022 77% Bachelor's - Business & Management (Business) $49,200
Bachelor's - Business & Management, Online (Business) $63,600
'$37,260 $32,044 77% Associate's - Healthcare,Pharmacy Technician (Healthcare) $20,700
$51,300 $44,118 77% Bachelor's - Health Management (Healthcare) $49,200
$57,240 $49,226 77% Associate's - Accounting (Business) $20,700
$28,296 $24,335 77% Associate's - Hospitality, Travel & Tourism (Business) $20,700
$36,878 $31,715 77% Associate's - tnformationTechnology/Support (Technology) ,$20,700
Associate's - HeatthcareAdministration, Medical Records(HC) $20,700
Bachelor's - Accounting Online (Business) "$63,600
, Bachelor's- Accounting (Busil'Jess) $49,200
Bachelor's -Information Systems, Online (Technology) $63,600
other programs Bachelor's-Informatlon Syst~ms(Technology)$49;2oo
,we assume Bachelor's - Health Administration (Healthcare) $49,200
:lespite the Bachelor's - Nursing (Healthcare) '$46,500
10 Global has Bachelor's - Public Administration (Business) , $49,200
Bacheior's - Public Administration, Online (Business) :$63,600
Bachelor's - HRManagement(Business) , $49,200
Bachelor's - HR Management, Online (Business) $63;600
Master's - Business Administration (Business) '$31,440
Bachelor's· OrganizationalSecurityfManagement (Criminal Justice) $49,200
Associate's - Criminal Justice Concentration (Criminal Justice) $20,700
, Bachelor's - Criminal Justice Administration (Criminal Justice) $49,200
Associate's -Information Technology (Technology) $20,700
Associate's - Education (Education) $20,700
Associate's· Human Services (Arts & Services) $20,700
Master's - Health Administration (Healthcare) $31,440
Bachelor's· Communications & Technology (Arts & Services) $49,200
Bachelor's - Education, Elementary Teacher (Education) $49,200
1 _
Assumed Est. Est. Est. Assumed DOE Acceptable Required Salary
% Current Non- Per Vr Debt Salary Debt/income debt load starting Difference
Cost/yr Financed Debt Financed Service per BLS ratio . per BlS salary
$10,350 77% $15,939 $4,761 $2,201 $22,730 10% $2,273 $22,011 $719
$12,300 77% $37,884 $11,316 $5,232 $42,840 10% $4,284 $52,316 ($9,476)
$15,900 77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629 ($21,729)
$10,350 77% $15,939 $4,761 ' $2,201 $22,770 10% $2,277 $22;011 $759
$12,300 77% $37,884 $11,316 $5,232 $30,200 10% '$3,020 $52,316 ($22,116)
$10,350 77% $15,939 $4,761 $2,201 $26,350 10% $2,635 $22,011 $4,339
$10,350 77% $15,939 $4,761 $2,201 $23,940 10% $2,394 $22,011 $1,929
$10,350 77% $15,939 $4,761 $~,201 $21,670 10% $2,167 $22,011 ($341)
$10,350 77%, $15,939 $4,761 $2,201 $24,290 10% $2,429 $22,011 $2,279
$31,800 77% $48;972 $14,628 $6,763 $45,900 10% $4,590 $67,629 ($21,729)
$12,300 77% $37;884 $11,316 ' $5,232 $45,900, ,10% $4,590 $52,316 ($6,416)
$15,900 77% $48,972 $14,628 $6,763 $54,330 " 10% $5,433 $67,629 ($13,299)
$12,300 77% $37,S84 $11,316 ,$5,232 $54,330, 10% $5,433 $52,316 $2,014
$12,300 77% $37,884 $11,316 . $5,232 $40,160, 10% $4,016 $52,316 ($12,156)
$11,625 77% $35,805 $10,695 ,$4,945 $51,640, ' 10% $5;164 $49,445 ' $2,195
$12,300 77% $37,884 $11,316 $5,232 $43;890 10% $4,389 $52,316 ($8,426)
$15,900 77% $48,972 ' $14,628 $6,763 $43,890 10% $4,389' $67,629 ($23,739)
$12,300 77% $37,884" $11,316 $5,232 $41,480 10% $4,148 $52,316 ($10,836)
$15,900 77% $48,972 $14,628 $6,763 $41,480 10% $4,i48 $67,629 " ($26,149)
$10,480 77% $24,209 $7,231 $3,343 $62,900,' 10% $6,i90 $33,431 $29,469
, $12,300 77% $37,884 $11,316 $5,232 $41,740 10% $4,174 $52,316 , ($10,576)
$10,350 77% $15,939 $4,761 $2,201 $23,480 10% $2,348 $22,011 $1,469
$12,300 77% $37,884 $11,316 $5,232 $38,850 10% $3,885 $52,316 ($13,466)
$10,350 77% $15,939 $4,761 $2,201 $27,830 10% $2,783 $22,011 $5,819
$10,350 77% $15,939 $4,761 $2,201 $25,210, 10% $2;521 $22,011 $3,199
$6,900 77% $15,939 $4,761 $2,201 $22,000 10% $2,200 $22,011 ($11)
$10,480 77% $24,209 $7,231 $3,~43 $64,440 10% $6,444 $33,431 $31,009
$12,300 77% $37,884 $11,316 $5,232 $35,060 10% $3,506 $52,316 ($17,256)
$12,300 77% $37,884 $11,316 $5,232 $39,890 10% $3,989 $52,316 ($12,426)
$72 $20,700 77.0% $0 $2,381 $0 20,120 19,114
($948) $42,338 73.3% ($6,862) $5,658 ($1,716) 6,135 5,828
($2,173) $47,866 69.4% ($15,734) $7,314 ($3,934) 6,135 5,828
$76 $20,700 77.0% $0 $2,381 $0 21,126 ·20,070
($2,212) $33,185 65.9% ($16,015) $5,658 ($4,004) 11,452 10,879
$434 $20,700 77.0% . $0 $2,381 $0 20,120 19,114
$193 $20,700 77.0% $0 $2,381 $0 20,120 19,114
($34) $20,453 76.7% ($247) . $2,381 ($124) 18,108 17,203
$228 $20,700 77.0% $0 $2,381 $0 21,126 20,070
.. (Si;173) $47,866 69.4% ($15,734) $7,314 ($3,934) 6,135 5,828
.($642) $44,554 74.6% ($4,646) $5,658 ($1,162) 6,135 5,828
($1,330) $53,970 72.9% ($9,630) $7,314 ($2,407) 14,724 13,988
$201 $49,200 77.0% $0 $5,658 $0 14,724 13,988
· ($1,216) $40,397.· 72.0% ($8,803) $5,658 ($2,201) 11,452 10,879
$219 $46,500 .... 77.0% $0 $5,348 $0 11,452 10,879
. ($843) $43,098 73.7% ($6,102) $5,658 ($1,525) 6,135 5,828
($2,374) $46,410 68.5% ($17,190) $7,314 ($4,297) 6,135 5,828
($1,084) $41,353 72.6% ($7,847) $5,658 ($1,962) 6;135 5,828
· ($2,615) $44,665 67.2% ($18,935) $7,314 ($4,734) . 6,135 5;828
:$2,947 . $31,440 ·77.0% $0 $3,616 $0 21,360 20,292
· ($1,058) $41,541 72.8% ($7,659) $5,658 ($1,915) 4,265 4,052
$147 $20,700 . 77.0% $0 $2,381 $0 10,060 9,557
. ($1;347) $39,449 71.3% ($9,751) $5,658 ($2,438) 4,265 4,052
$582 $20,700 77.0% $0 $2,381 $0 18;108 17,203
$320 $20,700 . 77.0% $0 $2,381 $0 42,252 40,139
($1) $20,692 77.0% ($8) $2,381 ($3) 10,060 9,557
$3,101 $31,440 77.0% $0 $3,616 $0 14,952 14,204
($1,726) $36,704 69.2% ($12,496) $5,658 ($3,124) 12,090 11,486
($1,243) $40,202 71.9% ($8,998.4) $5,658 ($2,250) 34,356 32,638
443,000 385,103

.......... __ ...
Apollo Group (APOL)

Associate's - Business & Management (Businessl $20,700 $10,350 76% $15,732 $4,96~ $1,750 $22.730 $1,818 $21.876
Bachelor's - Business & Management (Businessl $49,200 $12,300 76% $37.392 $1l,808 $4,160 $42,840 $3,427 $51,994
Bachelor's - Business & Management. Online (Business) $63,600. $15,900 76% $48,336 $15,264 $5,377 $45,900 $3,672 $67,212
Associate's - Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350 76% $15,732 $4,968 $1,750 $22,770 $1,822 $21,876
Bachelor's· Health Management (Healthcaref $49.200 $12,300 76% $37,392 $11,808 $4,160 $30,200 . $2,416 $51.994
Associate's - Accounting (Business) $20,700 $10,350 . 76% $15,732 $4,968 $1,750 $26,350 $UOS $21,876
Associate's - Hospitality, Travel & Tourism [Businessf $20,700 $10,350 76% $15,7j2 $4,968 $1,750 $23,940 $1,915 $21.876
Associate's - Information TedUlolagy/Support (Technology) $20,700 $10,350 76% $15,732 $4,968 $1.750 . $21,670 $1,734 $21,$76
Associate's - Healthcare Administration. Medical Records (He) $20,700 $10.350 76% $15.732 $4,968 $1,750 $24,290 $1,943 $21,lP6
Bachelor's· Accounting Online (Businessf $63,600 $31,800 76% $48,336 $15,264 $5,377 $45,900 $3,672 $67.212
Bachelor's - Accounting (Business)· $49,200 $12,300 76% $37,392 $it.808 $4,160 $45.900 $3,672 $51.994
Bachelor's -Information Systems. Online (Technolob'Y) $63,600 $15,900 76% $48,336 $15,264 $5.377 $45,900 $3,672 $67,212
. Bachelor's -Information Systems (Technology) $49,200 $12,300 76% $37,392 $11,808 $4,160 $54,330 $4,346 $51.994
Bachelor's - Health Administration (Healthcate) $49,200 $12.300 76% $37,392 $11.808 $4,160 $40,160 $3,213 $51,994
Bachelor's - Nursing (Healthcare) $49,200 $12.300 76% $37.392. $U,808 $4,160 $51,640 $4,i31 $51,994
Bachelor's - Public Administration (Business) $49,200 $12;300 76% $37,392· $11,808 $4,160· $43,890 $3,511 $51,994
Bachelor's - Public Administration, Online (Business) $63.600 $15,900 76% $48,336 $15,264 $5,377 $43,890 $3,511 $67,212
Bachelor's - HR Management (Business) $49,200 $12,300 76% $37,392 $I1,80B $4,160 $41,480 $3,318 $51,994
Bachelor's - HR Management, Online (Businessl $63,600 $15,900 76% $48,336 $15,264 $5,377 $41,480 $3,318 $67,212
Master's - Business Administration (Business) $31,440 $10,480 76% $23,8!l4. $7,546 $2,658 $62,900 $5.032 $33,226
Bachelor's' OrganizatiOlJal Sei;urity!Management [Criminal Ju~tlcel· . $49,200 $12,300 . 76% $37,392 $11,808 $4,16Q $41,740 $3,339 $51,994
Associate's • (rimlnal J'!Slice c:oncentration (Criminal Justicel $20,700 $10,350 76% $15,732 $4,968 $1,750 $23,480 .$1,878 $21,876
Bachelor's - Criminal Justice Administration ICrlmlnal Justice) $49,200 $12.300 76% $37,392 $11,808 $4,160, $38,850 .$3,108· $51,994
Assodate's -Information Technology (Technology) $20,700 $10,350 76% $15,732 $4,968 $1,750 $27,830 $2,226 $21.876
Associate's - Education (Educationl $20,700 $tci,350 76% $15,732 $4,968 $1,750: $25;210 ' $2,017 $21.876
Associate's - Human ServiCes· (Arts & Services] $22,000 $7,333 76% $16.720 $5,280 $1.860· $22.000 $1,760 $23,249
Master's - Health Administration (Healthcare] $31,440 $tci,480 76% $23,894 $7,546 $2.658 $64,440 $5,155 $33,226
Bachelor's - Communications & Technology (Arts & Services) $49,200 $12,300 76% $37.392; $11,808 $4,160' $35,060 $2,805 $51,994
S.'chelor's - Education, Elementary Teacher (Educationf . $49,200 $12,300 76% $37,392 $11,808 $4,160 . $39.890 . $3,191 $51.994

~ &l.lllml! ~. Delta!%)
. Average cost of education per year $1;!,S67 $11,761 ($806) ~%
2·yr degree total cost· $25,134 $23,523 ($I,\iU) ~%
+yr degree total cost $50,268 $47,045 ($3,223) -6",1;
$854 $68 $21,314 76.7% $614 $~07 $10,657 20,120 19,114 43-0000 Office/Administrative Support
($9,154) ($732) $42,617 72.3% ($6,583) ($1,646) $10,654 6,135 5,828 13-0000 Il<Js,ness and Financial Operations Occupations
($21,312) ($1,705) $48,273 68.4% ($15,327) ($3,832) $12,068 6,13$ 5,828 13-2011
$894 $72 $21,343 76.7% $643 $322 $10,672 21,126 20,070 29-2052 Pharmacy Technicians
($21,794) ($1,744) $33,527 64.8% ($15,673J ($3,918) $8,382 11,452 10,879 29-9099· Healthcare Workers, Other
$4,474 $358 $23,918 79.2% $3,218 $1,609 $11,959 20,120 19,114 43,3031 Bookkeeping.. Accounting & Auditing Clerks
$2,064 $165 $22,185 ·77.6% $1,485 $742 $11,092 20,120 19,114 41·3041 Travel Agent
1$206) 1$16} $20,552 75.8% ($148) 1$741 $10,276 18,108 17,203 15-1041 Computer Support Specialist
$2,414 $193 $22,436 77.9% $1,736 $868 $11;218 21,126 20,070 29·2071 Medical'Reco;lrds & Health Info. Technician
1$21,312) ($1,705) $48,273 68.4% ($15~3271 1$7,663) $24,137 6,135 5,828
($6,094) ($488) $44,817 73.7% ($4,383) [$1,096) $11,204 6,135 5,8281 13-2011 Accountants and Auditors
[$21,312) ($I,705J $48,273 68.4% ($15,3271 [$3,832) $12,068 14,724 13,988
$2,336 . $187 $50,880 76.8% $1,680 $420 $12,720 14,724 13,988 15-1081 Systems/Data Communications Analysts
[$11,834) 1$947) $40,689 71.0% ($8,511) [$2,128) $10,172 11,452 10,879 29-0000 Healthcare Practltloner{Technical
($354) ($28) $48,945 75.9% ($255) ($64) $12,236 11,452 10,879 29·1111 Registered Nulses
($8,104) '($6481 $43,372 72.8% ($5,828) ($1,457) $10,843 6,135. 5,828 13-1199 Business Operations Specialists, Other
($23,322) ($1,866) $46,828 67.4% [$16,772) ($4,193) $11,707 6;135 5,828
($10,514) [$841) $41,639 71.6% {$7,561) ($1,890) $10,410 6,135 5,828 13-1079 HR,-Tralning & Labor Relations Specialists
($25,732) [$2,059) $45,09$ 66.2% ($18,505) ($4,626) $11,274 6,135 5,828 Business
$29,674 $2,374 $52,781 85.7% $21,341 $7,114 $17,594 il,360 . iO,292 11-1021 General &,.Operations Managers Criminal Justice
($10,254) ($820) $4U26 , 71.8% ($7,374) ($1;844) • $10,456 4,265 4,052 33-1011 SupeiViSOl's/Managers of Correctional Officers Education
$1,604 $128 $21,854 ·77.3% $1,154 $577- $10,927 10,060 .9,557 3~000 Protective service Occupations Arts & Services
($13,144) ($1,052) $39,747 '70.3% ($9,453) ($2,3(;j) $9,937 4,i65 4,OS2 33-3051 Police & Sheriff Patrol Officers Healthcare
$5,954 $476 $24,982 80.1% $4,282 $U41' $12,491 18,108 17,203 43-9011 Co;lr'nputer Operators Technolo
$3,334 $267 $23,098 78.5% $2,398 $1,199 $11,549 42,252 40,139 25·9099 Education;Tralnlng and Ubrary Workers. Total
($1,249] ($100) $21,101 75.0% ($899) ($300] $7,034 10,060 9,557 . 43-9199 OfficejAdininistrallve Support In programs were
$31,214 $2,497 $53,888 86.0% $22,448 . $7,4$3 $17,963 14,9S2 .. 14,204 IHl9199 Managers, Other
($16,934] ($1,355) $37,02.2 68.1% ($12,178) ($3,0451 $9,255 12,090 11,486 27-4099 Media/Communication Workers, Other
($12,1041 ($968) $40,495 70.8%. ($8,705) ($2;176) $10,124 34,356 32,638 25·2022 EI~ment~ ScI1oo1 Teadlers .
443.000 385,103

Kev Assumotions for GE ulculations

1. Cost of programs based on reported cost I credit hour and program length
2. Percent of degree financed assumes Title rv % revenues less 100/0 (transfer credits an
3. Debt service payment based on 7.5% interest rate (6.8% gov't loans J 12% private) ar
4. Starting salaries taken from applicable Bl5 codes, by program category and Job type
5. Debt service I income ratio of 8% based on Gainful Employment proposed regulatior
G. Student mix by program level and program type used to calculate total revenue impl
7. Cost cuts estimated on a per-school basis, based on disclosed cost cateogrles and Ind
8. EPS impacts based on existing reported Information, share counti, and street EPS esl
9. PIE ratios taken from most recent stock prices
45% 201,200 $345 60 $20,100 6 $18,630 $16,022 77%
37% 163,600
16% 71,200 Bachelors low-level $345 120 $41,400 12 $37,260 $32,044 77%
2% 7.000 Bachelors up.·level $475 120 $57,000 12 $51,300 $44,118 77%
100% 443,000 Bachelors online $530 120 $63;600 12 $57,240 $49,226 77%
:.'~tl"E$, <1::.5J nco) Master's $655 48 $31,440 4.8 $i8,296 $24,335 77%
Ph.D $745 55 $40,975 5.5 $36,878 $31,715 77%

University of Phoenix co.mprlses 95% of revenues; the other programs


are not material to operating profits. For this exercise, we assume
l00%'of the students fall ooder rrtle.IV.requirements despite the
small amount of students in non-US programs as Apollo Global has .

yet to turn a profit as of FY09.


60,360 . 49,080 21,360 ~.. 2,100 13i,900
10,060 8,530 3,560 nfa 22,150
42,252 34,356 14,952 1,470 93,030
10,060 12,090 22,150
42,252 . 34,356 14,952' . 1,470 93,030
36.116 29,448 12,816 1,2~___ 79,740
201,200 167,860 67,640. 6,300 443,000
no Ph.D or Moster's degree exists, the percentage m(~ was added to Bachelor's.

d cash)
,d lQ-yr repayment

1
~ct
lustry experts
:imates
Assum~d E.t. Est. Est. Assumed DOE Acceptable Required
% Current Non- Per Yr Debt Salary Debt/income debt IOo,d starting
Cost Cost/vr Finoncr.d Debt Financed Service per BLS ratio per BLS salary
Associate's - Business & Management (Buslnessl $20,700 $10,350 77% $15,939 $4,761 $2,201 $22,730 10% $2,273 $22,011
Bachelor's - Business & Management (Business) $49,200 $12,300 77% $37,884 ' $11,316 $5,232 $42,840 10% $4,284 $52,316
Bachelor's - Business & Management, Online (Business) $63,600 $15,900 77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629
. Associate's" Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350 77% $15,939 $4,761 $2,201 $i2,770 10% $2,277 $22,011
Bachelor's - Health Management (Healthcare) $49,200 $12,300 77% $37,884 $11,316 $5,232 $30,200 10% " $3,020 $52,316
Associate's· Accounting (Businessl $20,700 $10,350 77% $15,939 $4,761 $2,201 $26,350 10% $2,635 $22,011
Assoclat~'s - Hospitality, Travel & Tourism (Business) $20,700 $10,350 77% $15,939 $4,761 $2,2Ul $23,94() 10% $2,394 $22,011
Associate's -Information Technology/Support (Technologyl $20,700 $10,350 77% $15,939 $4,761 $t201 $21,670 lU% $2,167 $22,011
Associate's - Healthcara Admi'nistration, Medical Records (He) $20,700 $10,350 77% $15,939 $4,761 $2,201 $24,29IJ 10% $2,429 $22,011
Bache!of's - Accoonting Online (Businessl $63,600 $31,800 77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629
Bachelor's - Accoonting (Business) $49,200 $U;3OO 77% $37,884 $11.316 $5,232 $45,900 10% $4,590 $52,316
Bachelor's -Information Systems, Online (Technology) $63,600 $15,900 77% $48,972 $14,628 $6,763 $54,330 10% $5,433 $67,629
BachelQr's -Information Systems (Technologyl $49,200 $12,300 77% $37,884 $11,316 $5,232 $54,330 10% $5,433 $52,316
Bachelor's - Health Adminlstra{lon (Healthearel $49,200 $12,300 77% $37,884 $11.316 $5,232 $40,160 10% $4,016 $52,316
Bachelor's - Nursing (Healthcare) $46,500 $11,625 77% $35,805 $10,695 $4,945 $51,640 10% $5,164 $49,445
Bachelor's· Public Administration (Businessl $49,200 $12,300 77% $37,884 $11;316 $5,232 $43,89IJ 10% $4,389 $52,316
Bachelor's - Public Administration, Ontine (Businessl $63,600 $15,900' 77% $48,972 $14,628 $6,763 . $4~,890 10% $4,389 $67,629
Bachelor's - HR Management (Business) $49,200 $12;300 77% $37,884 $11,316 $5,232 $41,480 10% $4,148 $52,316
Bachelor's· HR Management, Online (Business) $63,600 $15,900 77% $48,972 $14,628 $6,763 $41,480 10% $4,148 $67,629
Master's - Business Administration (Business) $31,440 $10,480 '17% $24,209 $7,231 $3,343 $62,900 10% $6,290 $33,431
Bachelor's· Organizational Security/Management (Criminal Justice) $49,200 $12,300 77% $37,884 $11,316 $5,232 $41,740 10% $4,174 $52,316
Associate's - Criminal Justice, Concentration (Criminal Justice) $20,700 $10,350 77% $15,939 $4,761 $2,201 $i3,480 ' 10% $2,348, $22,011
Bachelor's - Criminal Justice Administration (Criininal Justice) $49,200 $12,300 77% $37,884 $11,316 $5,232 $38,850 10% $3;885' $52,316
Associate's -Info,rm~tion TechnOlogy (Technology) $20,700 $10,350 77% $15,939 $4,761 $2,201 $27,g30 10% $2;'~3' , $22,011
Associate's - Education.IEduciltion) $20,700 $10,350 77% $15,939 $4,761 $2,2U1 $25,210 10% $2,521 $22,011
Asscxi"ate's -Buman 5ervicesfArts &5elvtces) $20,700 $6,900 77% $15,939 $4;761 $2,201 $22,DpO 10% $2,200 $22,011
Master's· Health Administration (Healthcare) $31,440 $10,480 77% $24,209 $7,231 $3,343 '$64,440. 10% $6444 $33,431
" .
Bachelor's - Communications & Tech~ology (Arts & Services) $49,200 $12,300. 77% $37,884 $11,316 $5,232 $35,060 io% $3,506 $52,316
Bachelor's - Education, Ek!mentary Teacher (Edueatlon) $49,200 $12,300 77% $37,884 ' $11,316 $5,232 $39,890 10% $3,9811 $52,316
I '
$719 $72 $20,700 77.0% $0 $2,381 $0 20,120 . 19,114
{$9,476) ($948) $42,338 73.3% ($6,862) $5,658 ($1,716) 6,135 . 5,828
($21,729) ($2,173) $47,866 69.4% ($15,734) $7,314 ($3,934) 6,135 5,828
$759 $76 $20,700 77.0% $0 $2,381 $0 21,126 20,070
($22,116) ($2,212) $33,185 65.9% ($16,015) $5,658 ($4,004) 11,452 10,879
$4,339 $434 $20,700 77.0% $0 $2,381 $0 20,1;1.0 19,114
$1,929 , $193 $20,700 77.0% $0 $2,381. $0 20,120 19,114
($341) ($34) $20,453 '76.7% ($247) $2,381 ($124) 18,108 17,203
$2,279 .$228 $20,700 77.0% $0 $2,381 $0 21,126 20,070
($21,729) ($2,173) $47,866 69,4% ($15,734) $7,314 ($3,934) 6,135 5,828
($6,416) (5642) $44,554 74.6% ($4,646) $5,658 ($1,162) 6,135 5,828
($13,299) ($1,330) $53,970 72.9% ($9,630) $7,314 ($2,407) 14,724 13,988
$2,014 $201 $49,200 77.,0% $0 $5,658 $0 14,724 13,988
($12,156) ($1,216) $40,397 72.0% ($8,803) $5,658 ($2,201) 11,452 10,879
$2,195 $219 $46,500 77.0% $0 $5,348 $0 11,452 .10,879
($8,426) ($843) $43,098 73.7% ($6,102) $5,658 ' ($1,525) 6,135 5,828
($23,739) ($2,374) $46,410 ~.5% ($17,190) $7,314 ($4,297) 6,135 5,828
($10,836) ($1,084) $41,353 72.6% ($7,847) $5,658 ($1,962) 6,135 ~,828
($26,149) ($2,615) $44,665 67;2% ($18,935) $7,314 ($4)34) 6,135 '5,828
$29,469 , $2,947 ' $31,440 77.0% $0 $3,616 $0 21,3GO 2~,292
($10,576) ($1,058) $41,541 72.8% ($7,659) $5,658 ($1,915) 4,265 '~,052
$1,469 $147 $20,700 77.0% $0 $2,381 $0 10,OGO ~,557
($13,466) ($1,347) $39,449 71.3% ($9,751) $5,658 ($2,438) 4,265 '~,OS2
$5,819 $5112. . $20,700 77.0"10 $0 $2,381 '$0 18,108 i7,203
$3,199 $320 $20;700 77.0"10 $0 $2,381 $0 42,252 4Q.;139.
($11) ($1) $20,697- 77.0% ($8) $2,381 ' ($3) 10,060 ,9!~57
$31,009 $3,101.. $31,440 77.0"10 $0 $3,616 $0 14,952 1~,204
($17,256) ($1,726) $36,704 69.2% ($12,496) $5,658 ($3,124) 12,090 11,486
.($12,426) ($1,2431 $40,202 71.9% ($8,998.4) $5,658 .($2,250) 34,356 32,638
443,000 385,103
Apollo Group (APOL)

Associate's - BUsiness & Management (Business) . $20,700 $10,350 76% $15,732 $4,968 $1,521 $22,730
Bachelor's· Business & Management (Business) $49,200 $12,300 76% $37,392 $11,808 $3,615 $42,840
Bachelor's - Business & Management, Online (Business) $63,600 $15.900 76% $48,336 $15,264 $4,673 $45,900
Associate's - Healthcare, Pharmacy Technician (Healthcarel $20,700 $10,350 76% $15,732 $4,968 $1,521 $22,770
Bachelor's - Health Management (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $3,615 $30,200
Associate's - Accounting (Business) $20,700 $10,350 76% $15,732 $4,968 $1,521 $26,350
Associate's - Hospitality, Travel & Tourism (Business) $20,700 $10,350 76% $15,732 $4,968 $1,521 $23,940
Associate's - Information Technology/Support (Technology) $20,700 $10,350 76% $15,732 $4,968 $1,521 $21,670
Associate's· Healthcare Administration, Medical Records (He) $20,700 $10,350 76% $15,732 $4,968 $1,521 $24,290
Bachelor's - ACCOl,Jnting Online (Business) $63,600 $31,800 76% $48,336 $15,264 $4,673 $45,900
Bachelor's - Accounting (Business) $49,200 $12,300 76% $37,392 $11,808 $3,615 $45,900
Bachelor's -Information Systems, Online (Technology) $63,600 $15,900 76% $48,336 $15,264 $4,673 $45,900
Bachelor's -Information Systems (Technology) $49,200 $12,300 76% $37,392 $11,808 $3,615 $54,330
Bachelor's - Health Administration (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $3,61S $40,160
Bachelor's - Nursing (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $3,615 $51,640
Bachelor's - Public Administration (Business) $49,200 $12,300 76% $37,392 $11,808. $3,615 $43,890
Bachelor's - Public Administration, Online (Business) $63,600 $15,900 76% $48,336 $15,264 $4,673 $43,890
Bachelor's - HR Management (Businessl $49,200 $12,300 76% $37,392 $11,808 $3,61S $41,480
Bachelor's - HRManagement, Online (Businessl . $63,600 $15,900 76% $48,336 $15,264 $4.673 $41,480
Master's - Bu'sinessAdniinistration (Business) $31,440 .. $10,480 76% $23,894 $7,546 $2,310 $62,900
Bachelor's - Organizational Security/Management (Criminal Justice) $49,200 $12,300 ·76% $37,392 . $11,808 $3,615 $41,740
Associate's· Criminal Justice Concentration (Criminal Justice) $20,100 $10,350 .76% $15,732 $4,968 $1,521 $23,480
Bachelor's - Criminal Justice Administration (Criminal Justice) $49,200 $12,300 76% $37,392 $11,808 $3,615 $38,850
Associate's - Information Technology (Technology) $20,700 $10,350 76% $15,732 $4,968 $1,521 . $27,830
Associate's - Education (Education) $20,700 $10,350 76% $15,732 $4,968 $1,521 $25,210
Associate's - Human Services (Arts & Services) $22,000 $7,333 76% $16,720 $5,280 $1,616 $22,000
Master's - Health Administration (Healthcare) $31,446 $10,480 76% $23,894 $7,546 $2,310 '$64,440
Bachelor's - Communications & Technology (ArtS & Services) $49,200 $12,300 76% $37,392 $11,808 $3,615 $35,060
Bachelor's - Education, Elementary Teacher (Education) $49,200 $12,300 76% $37,392 $11,808 $3,615 $39,890

Current .Adjusted Delta 1$1 Delta (%1


Average cost of education per year $12,567 $13,079 $512 4%
2-yr degree total cost $25,134 $26,159 $1,025 4%
4-yr degree total cost $50,268 $52,318 $2,050 4%

Key Assumptions for GE calculations

1. Cost of programs based on reported cost/ credit hour and program length
2. Percent of degree financed assumes Title IV % revenues less 10% (transfer credits and cash)
3. Debt service payment based on 7.5% interest rate (6.8% gov't loans / 12% private) and 10-yr repayment
4. Starting sala ries ta ken from appl ica ble BlS codes, by progra m category a nd job type
5. Debt service / income ratio of 8% based on Gainful Employment proposed regulation
6. Student mix by program level and program type used to calculate total revenue impact
7. Cost cuts estimated on a per-school basis, based on disclosed cost cateogries and industry experts
8. EPS impacts based on existing reported information, share counts, and street EPS estimates
9. P/E ratios taken from most recent stock prices
$1,818 $19,010 $3,720 $298 $23,778 79.1% $3,078 $1,539 $11,889 20,120 19,114 43-0000 Offlce/Administr.
$3,427 $45,184 ($2,344) ($1881 $47,260 75.0% ($1,9401 ($485) $11,815 6,135 5,828 13-0000 Business and Fin<
$3,672 $58,409 ($12,509) ($1,0011 $53,248 71.3% ($10,3521 ($2,588) , $13,312 6,135 5,828 13-2011
$1,il22 $19,010 $3,760 $301 $23,811 79.1% $3,111 $1,556 $11,906 21,126 20,070 29-2052 PharmaeyTechni
$2,416 $45,184 ($i4,984), '($1,199) $36,800 67.9% ($12,400) ($3,100) $9,200 11,452 10,879 29-9OQ9 Healthcare Work
$2,108 $19,010 $7,340 $587 $26,774 81.4% $6,074 $3,037 $13,387 20,120 19,114 43-3031 Bookkeeping, Ace
$1,915 $19,010 $4,930 $394 $24,779 80.0% $4,079 $2,040 $12,390 20,120 19,114 41-3041 Travel Agent
$1,734 $19,010 $2,660 $213 $22,90i 78.3% $2,201 $1,100 $11,450 18,108 17,203 15-1041 Computer Suppa
$1,943 $19,010 $5,280 $422 $25,069 80.2% $4,369 $2,185 $12~535 21,126 20,070 29-2071 Medical Records
$3,672 $58,409 ($12,509) ($1,001) $53,248 71.3% ($10,352) ($5,176) $26,624 6,135 5,828
$3,672 $45,184 $716 $57 $49,792 76.3% $592 $148 $12,448 6,135 , 5,8281 13-2011 Accountants and
,$3,672 $58,409 ($12,509) ($1,001) $53,248 71.3% ($10,352) ($2,588) $13,312 14,724 13,988
$4,346 $45,184 $9,146 $732 $56,769 79.2% $7,569 $1,892 $14,192 14;724 13,988 15-10815ystems/Data Co
$3,213 $45,184 ($5;024) ($402) $45,042 73.8% ($4,158) ($1,039) $11,261 11,452 '10,879 29-<JOOO Healthcare Practi
$4,131 ' $45,184 $6,456 $516 $54,543 78.4% $5,343 $1,336 ' $13,636 11,452 10,879 29-1111 Registered Nurse
$3,511 $45,184 ($1,294) ($104) $48.129 75.5% ($1,071) ($268) $12,032 6,135 5,828 13·1199 Buslne.ss Operath
$3,511 $58,409 ($14,519) ($1,161) $51,585 70.4% ($12,015) ($3,004) $12,896 6,135 5,828
, $3,318 , $45,184 ($3,7041 ($296) $46,135 74.4% ($3,065) ($766) $11,534 6,135 5,828 13-1079 HR,~ Training & La
$3,318 $58,409 ($lG,n9I' ($1,354) '$49,591 69,2% ,($14,009) ($3,502) $12,398 G,135 5,828 " ."

$5,032 $28,874 $34,026 $2,722 $59,598 87.3% $28,158 $9,386 $19,866 21,360 20,292 11-1021 G,eneral & Opera'
$3,339 $45,184 ($3,444) ($276) $46,350 74.5% ($2,850) ($713) $11,587 4,265, -4,052 33-101.1 Supervisors/Man
$1,878 $19,010 $4,470 $358 $24,399 79.6% $3,699 $1,849 ' $12,199 10,060 9,557 33-0000 Protective Servici
$3,108 $45,184 '($6,334) ($507) $43,958 73.1% ($5,242) ($1,310) $10,990 4,265 4,052 33-3051 Police &Sheriff P
$2,226 $19,010 ' $8,820 $706 $27,999 82.3% $7,299 $3,649 ' $13,999 18,108 17,203 43-9011 Corr\puter·Opera'
$2,017 $19,010 $6,200 $496 $25,830 80.8% $5,130 $2,565 '$12,915 42;252 40,139 , 25-9099 Education, Tr'aini
$1;760 $20,204 $1,796 $144 $23,486 n5% ,,$1,486 $495 $7,829 10,OGO 9,557 43-9199 Office/Admlnistr.
$5,155 $28,874 $35,566 $2,845 $60,873 87.6% $29,433 $9,811 $20,291 14,952 14,204 11-09199, Managers, Other
$2,805 $45,184 ($10, 124) ($810) $40,822 71.1% ($8,378) ($2,095), $10,205 12,090 11,486 27-4099' Media/Communi
$3;191 ' $45,184 ($5,294) ($424) $44,819 73.7% ($4,381) ($1,095) $11;205 34,356 32,638 25-2022 Elemeritary Scho'
443,000 385,103
'~~f%~~"~~ 'r~ll.:e;~'
Job Title APOL Student Population Matrix How % of Debt Financed Was Derived Based on 86% Average (per 1
Di'gri'e Mix cf Student Population (APOL f-gl;rcsj
Diploma 0% Degree Ave. Per/hr Cost Hrs Hp(JlJlri'C1 @M"".,..M
DoeratioMD Associates 45% 201,200 $345 60 . 0)00
Bachelor's 37% 163,600
clans Master's 16% 71,200 Bachelors low-level ' $345 120 $,41,400
ers, Other Doctoral . 2% 7.000 Bachelors up.-level . $475 120 $57,000
:ounting & Auditing Clerks OO~fl 443,000 Bachelors on 11 ne $530 120 $63;600
,dE'nts (rr: fI~OL fgl.rf's; assLmed) Master's' $655 48 $31,440
rt Specialist Ph.D $745 55 $40,975
& Health Info. Technician
Business
Auditors Criminal Justice
Education
mmunications Analysts IArts & Services University of Phoenix,comprises 95~
Itioner!Technical Healthcare are not material to operating profit~
'5 "hechnolo 100% of the students fall \.lnder TitlE
ons Special ists, Other small amount of students 1n non-US

Ibor Relations Specialists yet to tu rn a profit as of FY09.


Business' 60,360. 49,080 21,360 . 2,100 132,900
tions Managers Criminallustice iO,060 8,530 3,560 n/a 22,1~
agers of Correctional Officers Education ' 42,252 .' . 34,356 14,952 1,470 93,030-
e. Occupations' Arts &5ervlces 10,06() 12,090 22,150
'atrol Officers Healthcare 42,252 34,356 14,952 1,470 93,030
tors Tl!chnoloev 36,216 29,448 12,8i6 1.260 79,740
rig and Library Workers Total' 201,200 167,860 67,640 6,300 443,000
ative Support In programs were no Ph. D or Master's degree exists, the percentage mix was. added to Bachelor:s:

cation Workers, Other


01 Teachers
Associate's - Busi ness & Management (Business) $20,700 $10,3S0
6 $18,630 $16,022 77% Bachelor's - Busi ness & Management (Business) $49,200 $12,300
Bachelor's - Busi ness & Management, Online (Business) $63,600 $15,900
12 $37,260 $32,044 77% Associate's· Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350
12 $51,300 $44,118 77% Bachelor's - Health Management (Healthcare) $49,200 $12,300
12 $57,240 $49,226 77% Associate's - Accounting (Business) $20,700 $10,350
4.8 $28,:296 $24,335 77% Associate's· Hospitality, Travel & Tourism (Business) , $20,700 $10,350
5.5 $36,878 $31,715 77% Associate's -lnformationTechnology/Support (Technology) $20,700 $10,350
Associate's - Healthcare Administration, Medical Records (He) $20,700 $10,350
Bachelor's - Accounting Online (Business) $63,600 $31,800
Bachelor's - Accounting'(Business) $49,200 $12,300
Bachelor's - Information Systems, Online (Technology) $63,600 $15,900
{, of revenues; the other programs Bachelor's - Information Systems (Technology) $49,200 $12,300
;. For thiS exercise, we assume Bachelor's - Health Administration (Healthca reI $49,200 $12,300
! IV requirements despite the Bachelor's - Nursing (Healthcare) $46,5Q() , $11,625
programs as Apollo Global has Bachelor's - Public Administration (Business) $49,200 $12,300
Bachelor's - Public Administration, Online (Business) $63,600 $15,900
Bachelor's - HR Ma nagement (Busi ness) $49,200 $12,300
Bachelor's - HRManagelT)ent, Online (Business) $63,600 $15,900
Master's - Business Administration (Business) $31,440 $10,480
Bachelor's - Organizatiomil Security/Management (Criminal Justice) $49,200 '$12,300
Associate's - Criminal ~l.istice Concentration (Criminal Justice) $20,700 $10,350
Bachelor's - Criminal Justice, Administration (Criminal Justicel $49,200 $12,300
Associate's -Information Technology (Technology) , $20,700 $10,350
Associate's· Education (Education) $20,700 $10,350
Associate's - Huma n Services (Arts & Services) $20,700 $6,900
Master's - Health Adm inistration (Healthca reI $31,440 $10,480
Bachelor's - Communications & Technology (Arts & Services) $49,200 $12,300
Bachelor's - Education, Elementary Teacher ,(Education) $49,200 $12,300
I
Assumed Est. Est. Est. Assumed DOE Acceptable Required Salary Debt Assumed Assumed Difference
% Current Non- Per Yr Debt Salary Debt/income debt load starting Difference difference New New Debt in
Financed Debt Financed Service per BLS ratio per BLS salary Tuition Level Tuition
77% $15,939 $4,761 $2,201 $22,730 10% $2,273 $22,011 $719 $72 $20,700 77.0% $0
77% $37,884 $11,316 $5,232 $42,840 10% $4,284 $52,316 ($9,476) ($948) $42,338 73.3% ($6,862)
77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629 ($21,729) ($2,173) $47,866 69.4% ($15,734)
77% $15,939 $4,761 $2,201 $22,770 10% $2,277 $22,011 $759 $76 $20,700 77.0% $0
77% $37,884 $11,316 $5,232 $30,200 10% $3,020 $52,316 ($22,116) ($2,212) $33,185 65.9% ($16,015)
77% $15,939 $4,761 $2,201 $26,350 10% $2,635 $22,011 $4,339 $434 $20,700 77.0% $0
77% $15,939 $4,761 $2,201 $23,940 10% $2,3~4 $22,011 $1,929 $193 $20,700 77.0% $0
77% $15,939 $4,761 $2,201 $21,670 10% $2,167 $22,011 1$341) ($34) $20,453 76.7% ($247)
77% $15,939 $4,761 $2,201 $24,290 10% $2,429 $22,011 $2,279 $228 $20,700 77.0% $0
77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629 ($21,729) ($2,173) $47,866 69.4% ($15,734)
77% $37,884 $11,316 $5,232 $45,900 10% $4,590 $52,316 ($6,416) ($642) . $44,554 74.6% ($4,646)
77% $48,972 $14,628 $6,763 $54,330 10% $5,433 $67,629 ($13,299) ($1,330) $53,970 72.9% ($9,630)
77% $37,884 $11,316. $5,232 $54,330 10% $5,433 $52,316 $2,014 $201 $49,2qo 77.0% $0
77%- $37,884 $11,316 $5,232 $40,160 10% $4,016 $52,316 ($12,156) ($1,216) $40,397 72.0% ($8;803)
77% $35,805 $10,695 $4,945 $51,640 10% $5,164 $49,445 $2,195 $219 $46,500 77.0% $0
77% $37,884 $11,316 $5,232 $43,890 10% $4,389 $~2,316 ($8,426) ($843) $43,098 73.7% ($6~102)
77% $48,972 $14,628 $6,763 $43,890 10% $4,389 $67,629 ($23,739) ($2,374) $46,410 68.5% 1$17,190)
77% $37,884 $11,316 $5,232 $41,480 10% $4,148 $52,316 ($10,836)· ($1,084) $41,353 72.6% ($7,847)
77% $48,972 $14,628 $6,763 $41,480 10% $4,148 $67,629 ($26,149). ($2,615) $44,665 67.2% ($18,935)
77%· $24,209 $7,231 $3,343 $62,900 10% $6,290 $33,431 $29,469 $2,947 $31,440 77.0% $0
77% $37,884 $11,316 $5,232 $41,740 10% $4,174· $52,316 ($10,576) ($1,058) .$41,541 72.8% ($7,659)
77% $15,939 $4,761 .$2,201 $23,480 10% $2,348 $22,011 $1,469 $147 $20,700 77.0% $0
77% $37,884 $11,316 $5,232 $38,850 10% $3;885 . $52,316 ($13,466) ($1,347) $39,449 71.3% ($9,751)
77% $15,939 $4,761 $2,201 $27,830·· 10% $2,783 $22,011 $5,819 $582 $20,700 77.0% $0
77% $15,939 $4,761 $2,201 $25,210 10% $2,521 $22,011 $3,199 $320 $20,700 77.0% $0
77% . $15,939 $4,761 $2,201 $22,000 10% $2,200 $22,011 [$11) 1$1) $20,692 '77.0% 1$8)
77% $24,209 $7,231 $3,343 $64,440 10% $6,444 $33,431 $31,009 $3,101 $31,440 77.0% $0
77% $37,884 $11,316 $5,232 $35,060 10% $3,506 $52,316 ($17,256) ($1,726) $36,704 69.2% ($12,496)
77% $37,884 $11,316 $5,232 $39,890 10% $3,989 $52,316 ($12,426) ($1,243) $40,202 71.9% ($8,998.4)
$2,381 $0 20,120 19,114
$5,658 ($1,716) . 6,135 5,828
$7,314 ($3,934) 6,135 5,828
$2,381 $0 21,126 20,070
$5,658 ($4,004) 11,452 10,879
$2,381 $0 20,120 19,114
$2,381 $0 20,120 19,114
$2,381 ($124) 18,108 17,203
$2,381 $0 21,126 20,070
$7,314 ($3,934) 6,135 5,828
$5,658 ($1,162) 6,135 5,828
$7,314 ($2,4071. 14,724 13,988
. $5,658 $0 14,724 13,988
$5,658 ($2,201) 11,452 10,879
$5,348 $0 11,452 10,879
$5,658 ($1,525) 6,135 5,828
$7,314 ($4,2971 6,135 5,828
$5,658 ($1,962) 6,135 5,828
. $7,314 ($4,7341 6,135 5,828
$3,616 $0 21,360 20,292
$5,658 ($1,9151 4,265 4,052
. $2,381 $0. 10,060 9,557
$5,658 ($2,4381 4,265 4,052
$2,381 $0 18,108 17,203
$2,381 $0 42,252 40,139
·$2,381 ($3) 10,060 9,557
$3,616 $0 14,952 14,204
$5,658 ($3,124) 12,090 11,486
$5,658 ($2,250) 34,356 32,638
443,000 385,103
Apollo Group (APOL)

Associate's· Business & Management (Business) $20,700 $10,350 76% $15,732 $4,968 $2,241. $22,730 $2,273 $22,409
Bachelor's - Business & Management (Business) $49,200 $12,300 76% $37,392 $11,808 $5,326 $42,840 $4,284 $53,262
Bachelor's - Business & Management, Online (Business) $63,600 $15,900 76% $48,336 $15,264 $6,885 $45,900 $4,590 $68,851
Associate's - Healthcare, Pharmacy Technician (Healthcarel $20,700 $10,350 76% $15,732 '$4,968 $2,241 $22,770 $2,277 $22,409
Bachelor's· Health Management (Healthcarel $49,200 $12,300 76% $37,392 $11,808 $5,326 $30,200 $3,020 $53,262
Associate's - Accounting (Business) $20,700 $10,350 76% $15,732 $4,968 $2,241 $26,350 $2,635 $22,409
Associate's - Hospitality, Travel & Tourism (Businessl $20,700 $10,350 76% $15,732 $4;968 $2,241 $23,940 $2,394 $22,409
Associate's -Information Technology/Support (Technology) $20,700 $10,350 76% $15,732 $4,968 $2,241 $21,670 $2,167 $22,409'
Associate's - Healthcare Administration, Medical Records (He) $20,700 $iO,350 76% $15,732 $4,968 $2,241 $2:4,290 $2,429 $22,409
Bachelor's· Accounting Online (Business] $63,600 $31,800 76% $48,336 $15,264 $6,885, $45,900 $4,590 $68,851
Bachelor's - Accounting (Business) $49,200 $12,300 76% $37,392 $11,808 $5,326 $45,900 $4,590 $53,262
Bachelor's -Information Systems, Online (Technology) $63,600 $15,900 76% $48,336 $15,264 $6,885 $45,900 $4,590 $68,851
Bachelor's -Information Systems (Technology) $49,200 $12,300 76% $37,392 $11,808 $5,326 $54,330 $5,433 $53,262
Bachelor's - Health Administration (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $5,326 $40,160 $4,lJ1Ei $53,262
Bachelor's - Nursing (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $5,326 $51,640 $5,164 $53,262
Bachelor's - Public Administration (Business) $49,200 $12,300 76% $37,392 $11,808 $5,326 $43,890 $4,389 $53,262
Bachelor's - Public Administration, Online (Business) $63,600 $15,900, 76% $48,336 $15,264 $6,885 $43,890 $4,389 $68,851
Bachelor's· HR Management (Business) $49,200 $12,300 76% $37,392 $11,808 $5,326 $41,480 $4,148 $53,262
Bachelor's - HR Management, Online (Business) $63,600 $15,900 76% $48,336 $15,264 $6,885 $41,480 $4,148 $68,851
Master's - Business Administration (Businessl $31,440 $10,480 76% $23,894 $7,,546 $3,4.04 $62,900 $6,290 $34,036
Bachelor's - Organizational Security/Management (Criminal Justice) $49,200 $12,300 76% $37,392 $11,808 $5,326 $41,740 $4,174 $53,262
Associate's - Criminal Justice,Concentration (Criminal Justice) $20,700 $10;350 76% $15,732 $4,968 $2,241 $23,480 $2,348 $22,409
Bachelor's· Criminal Justice Administration (Criminal Justice) $49,200 $12;300 ' 76% $37,392 $11,808 $5,326 $38,850 $3,885 $53,262
Associate's -Information TeChnology (Technologyl $20,700 $10,350 76% $15,732 $4,968 $2,241 $27,830 $2,783 $22,409
Associate's - Education' (Educ'ation) $20,700 $10,350 76% $15,732 $4,968 $2,241 '$25,210 $2,521 $22,409
Associate's - Human Services (Arts & Services) $22,000 $7,333 76% $16,720 $5,280 $2,382 ,$22,000 $2,200 $23,816
Master's· Health Administration (Healthcare) $31,440 $10,480 76% $23,894 $7,546 $3,404 $64,440 $6,444 $34,036
Bachelor's - Communications & Technology (Arts & Services) $49,200 $12,300 76% $37,392 $11,808 $5,326 $35,060 $3,506 $53,262
Bachelor's - Education, Elementary'Teacher (Education) $49,200 $12,300 76% $37,392 $11,808 $5,326 $39,890 $3,989 ,$53,262

~ Adjusted DeltalSl Delta [%1


Average cost of education per year $12,567 $11,553 ($1,014) ·8%
2-Vr degree total cost $25,134 $23,106 ($2,028) ,8%
4-vr degree total cost $50,268 $46,213 [$4,055) -8%
$321 $32 $20,925 76.3% $225 $113 $10,463 20,120 19,114 4HJOoo Qffice/Admlnlstratlve Support
($10,4221 ($1,042) $41,883 71.8% ($7,317) ($1,829) $10,471 6,135 5,1128 13.{l000 Business and Financial Qperations Occupations
($22,951) [$2,295) $47,488 67.9% ($16,112) ($4,028) $11,872 6,135 5,828 13-2011
$361 $36 $20,953 76.3% $253 $127 $10,477 21,126 20,070 29-2052 PnarmacyTechniclans
($23,062) ($2,306) $33,010 64.2% ($16,190) ($4,048) $8,252 11,452 10,i379 29-9099 Healthcare Workers, Other
$3,941, $394 $23,467 78.8% $2,767 $1,383 $11,733 20,120 19,~14 43-3031 Bookkeeping, Accounting & Auditing Clerks
$1,531 $153 $21,775 77.2% $1,075 $537 $10,887 20,120 19,114 41-3041 Travel Agent
($7391 [$74) $20,181 75.4% ($519) ($259) $10,091 18,108 17,203 15-1041 Computer Support Specialist
$1,881 $188 $22,021 77;4% $1,321 S669 $11,010 21,126 20,070 29-2071 Medical Records & Health Info. Technician
($22,9511 ($2,295) $47,488 67.9% ($16,112) (SS,056) , $23,744 6,135 5,828
1$7,362) ($736) $44,032 73.2% ($5,168) ($1,292) $11,008 6,135 5,828 13-2011 Accountants and Auditors
($22,951) ($2,295) $47,488 67.9% ($16,lU) ($4,028) , $11,872 14,724 13,~88
$1,068 , $107 $49,950 ' 76.4% $750 $187 $12,487 14,724 13,988 15-1081 Systems/Data Communications Analysts
($13,1021 ($1,310) $40,002 70.5% ($9,198) ($2,300) $10,000 11,452 10,~79 29.{l000 Heafthcare Practitloner/Technical
($1,6221 ($162) $48,061 75.4% ($1,139) ($285) $12,Ol5 11,452 10,l!79 29-1111 Registered Nurses
($9,3721 ' ($937) $42,621 72.3% ($6,579) ($1,645) $10,655 6,135 5,828 13-1199 Business Operations Specialists, Other
($24,9611 ($2,496) $46,077 '66.9% ($17,523) ($4,381) $11,519 6,135 5,828
($11,782) ($1;178) $40,929 71.1% ($8,271) ($2,068) $10,232 6,135, ',5,828 13-1079 HR, Training & labor Relations Specialists
($27,371) ($2,737) $44,385 65.6% ($19,215) ($4,804) $11,096 6,135 5,828
$28,864 $2,886 $51,704 85.4% $20,264 $6,755 $17,235 21,360 20,292 11-1021 General & Op-erations Managers
($11,522) ($1,152) , $41,111 71.3% ($8,089) ($2,022) , $10,278 4,265 ' ,4,052 33-1011 Supervisors/Managers of Correctional Qfficers
$1,071 $107 $21,452 76.8% $752 $376 $10,726 10,060, 9,557 33.{l000 Protective Service Occupations
($14,412) ($1,441) $39,082 "69.8% ($10,118) ($2,529) $9,771 4,265 4,052 33-3051 Police & Sheriff Patrol Officers
$5,421 $542 $24,506 79.7%. $3,806 $1,903 ,·$12,253 18,108 17,203 43-9011 Computer'Operators
$2,801 $28() $22,666 78.1% $1,966 $983 ,$11,333 42,252 40,~39 25-9099 Edocatloo, Training and Ubrary Workers
($1,816) , ($182) $20,725 ,'74.5% ($1,275) ($425) $6,908 10,060 ' !l,~57 43-9199 Office/Administrative Support
$30,404 $3,040 $52,785 '85.7% $21,345 $7;11S ,'$17,595 14,952, 14,204 1Hl9199 Managers, Other
,($18,202) ($1,820) $36,422 ,67.6% ($12,n8) ($3,195) $9,105 i2,090 11,ll86 27-4099 Media/Communication Workers, Other
($13,372) ($1,337) , $39,812 70.3% ($9,388) ($2,347J $9,953 34,356 32;638 25--2022 Eleinentary 5d1oo1 Teachers'
1\43.000 ' 385,103

Key Assumptions 'for GE C.8lculations

1. Cost of programs based on reported cost / credit hour and program length
2. Percent of degree financed assumes Title IV % revenues less 10% (transfer credlts,an
3. Debt service payment based on 7.5% interest rate (6.8% gov't loans /12% private) ar
4. Starting salaries taken from appI1cable BtS codes, by program category and job type
5. Debt service I income ratio of 8% based on Gainful Employment proposed regul,atior
6. Student mix by p~ogram level and progrilm type used to calculate total revenue Imp,
7. Cost cuts estimated on a per-school basis, based on disclosed cost cateogries and ind
8. EPS impacts based on existing reported information, share counts, and street EPS esl
9. PIE ratios taken from mast recent stock prices
dent Populalion Matflx How % of Debt Financed Was Derived Based on 86% Averaee (per 10.K) minus 10% of credits completed lassumed prior credit paid In cash)
tuc.ent PopulatlOn \APOl flp,ures) I\'linus assUI-,ed Avg. t\POL AV6 Ai'OL l:.ffectlve % :;.f
~ CegH~f' Avg. Per/hr Cost h~ ~t:::':L:ireu I\Vp,. Illltlcn lO%c~ed-t hrs TUition Tl:it. Rfi'A "in"r.~:,'d (h~bt finar'::.ed
201,100 Associates $345 60 $20,700 6 $18,630 $16,022 77%
163,600
71,200 Bachelors low-level $345 120 $41,400 12 $37,260 $32,044 77%
7,000 Bachelors up.-Ievel $475 120 $57,000 12 $51,300 $44,118 77%
00% 443,000 Bachelors online $530 120 $63,600 12 $57,240 $49,226 77%
Igures, assullleclj Master's $655 48 $31,440 4.8 $28,296 $24,335 77%
Ph.D $745 55 $40,975 5.5 $36,878 $31,715 77'1'0
I

University of Phoenix comprises 95% of revenues; the other programs


ate not material to oper~ting profits. For this exercise, we assume
100% of the studentsfafl under Title IV requirements despite the
small amount of studen~s in non-US programs as Apollo Global has
. I"
. I
yet to turn a profit as ,of ,FY09.
60,360, 49,080 21,360 2,100 132,900
10,060 8,530 3;560 nla 22,150
42,252 34,356 14,9,52 1,470 93,030
10,060 12,090 22,150
42,252 ' 34,356 14,952 ' 1,470 93,030
36,216 29,448 12,816 1,160 79,740
201,200, 167,860 ' 67,~0 6,300 443,000-
110 Ph:D or Masrer~s !1C1}ree exis/$, the percentage mlx'wos added to Bachelor's.

d cash) ,
,d 10-yr '''Payment

Kt
lustry experts
:imate5
Assumed Est, Est. Est. Assumed DOE Acceptable Required
% Current Non- Per Yr Debt Salary Debt/income debt load starting
Cost __CostlY, Fi nanced De bt Fina need Se rvice PI'I BlS ratio pe' BLS sa la ry
Assodate's • B~iness & Management (BuSiness) $20,700 $10,350 77% $15,939 $4,761 $2,201 $22,730 10% $2,273 $22,011
Bachelor's - Business & Management (Business) $49,200 $12,300 77% $37,B84 $11,316 $5,232 $42,840 10% $4,284 $52,316
Bachelor's· Business & Management, Online (Business) $63,600 $15,900 77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629
Associate's - Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350 77% $15,939 $4;761 $2,201 $22,770 10% $2,277 $22,011
Bachelor's - Health Management (Healthcare) $49,200 $12,300 77% $37,884 $11,316 $5,232 $30,200 10% $3;020 $52,316
Assoc;i_te's - Accounting (Business) $20,700 $10,350 77% $15,93~ $4,761 $2,201 $26,350 10% $2,635 $22,011
Assodate's - Hospitality, Travel & Tourism (Business) $20,700 $10,350 77% $15,939 $4,761 $2,201 $23,940 10% $2,394 $22,011
Associate's; Information Technology/Support (Technologyl $20,700 $10,350 77% $15,93~ $4,761 $2,201 $h,670 10% $2,167 $22,011
Associate's - Heillthcare Administration, Medical Records(HC) $20,700 $10,350 77% $15,939 $4,761 $2,201 $24,290 10% $2,429 $22,011
Bachelor's - Accounting Online (Suslnessl $63,600 $31,800 77% $48,97~ $14,628 $6,763 $45,900 100,(, $4,590 $67,629
Bachelor's - Accounting (Business) $49,200 $i2,3"oo 77% $37,884 $11,316 $5,232 $45,900 10% $4,590 $52,316
Bachelor's - Informatlen Systems, Online (Technology) $63,600 $15,900 77% $48,97i $14,628 $6,763 $54,330 10% $5.4,33 $67,629
Bachelor's -Infonmr!ion Systems (TechnologYl $49,200 $12.300 77% $37,8~ $11,316 $5,232 $54,330 100" $5,433 $52,316
Bachelor's· Health AdminlStralioo (Heallhcarel $49,200 $12,300 77% $37,884 $11,316 $5,232 $40,160 10% $4,016 $52,316
Bachelor's· Nursing (Healthcare) $46,500 $11,625 77% $35,805 $10,695 $4,945 .$51,640 100" $5,1tJ4 $49,445
Bachelor's' Public Administration (Busill<!ssl $49,200 $12,300 77% $37,88t, $11,316 $5,232 $43,890 10% $4,389 $52,316
Bachelor's ~ Public Administrat~on, Online (Businessl $63,600 $15,900 77% $48,972 $14,628 $6,763 $43,890 10% $4,389 $67,629
Bachelor's· HR Management (Business) $49,200 $12,300 77% $37,884 $11,316 $5,232 '$41,480 10% $4,148 $52,316
Bachelor's· HR Management, Online (Business) $63,600 $15,900 77% $48,972 ' $14,628 $6,763 $41,480 10% $4,148 $67,629
Master's - Business Administration (Business) $31,440 $10,480 77% $24,209 $7,231 $3,343 $62,900 10% $6,~90 , ' $33,431
Bachelor's· Organlzatlon~I,SecuritY/Management [Criminal Justice) $49,200 $12,300 77% $37,884 $11,316 $5,232 $41,740 10% $4,174 $52,316
Associate's - Criminal Justice Concentration (Criminal Justice) $20,700 $10,350 77% $15,93~ $4,761 $2,201 .$23,480 10% , $2,348 $22,011
Bachelor's - Criminal JUStlce:Admlnlstration (Criminal Justice) $49,200 " $17.,300 77% $37,88~ $11,316 $5,232 $38,850 10% $3,885 $52,316
Associate's -Information Technology (Technology) $20,700 $10,350 77% $15,939 $4,761 $2,201 $27,830 10% '$2;783 $22,011
Associate's • EdUCiltionIEd~tion) . ' $20,700 $10<350 77% $15,939 $4,761 $2,201 $25,210 10% $i,521 $22,011
AssocIate's - Human Services [Arts & Servlcesl $20,700 ,$6,909 77% $15,939 $4,761 $2,201 $22,000 10% ,$2,iOO $22,011
Master's - Health Administration (Healthcarel $31,440 $:1;0,480 77% $24,20~ $7,231 $3,343 $64,440 10% '$6,4,44 $33,431
Bachelor's· Communicatlons.& Technology (Arts & Servfces) $49,200 $12,300 77% $37,88, $11,316 $5,232 $35,060 10% $3,506 $52,316
. Bachelor's· Education, Elementary Te.acher (Education) $49,200 $12,300 77% $37,88~ $11,316 $5,232 $39,890 10% $3,989 $52,316
I

,!

......... '_ ..._"........ ...._-_".__..1.


$719 $72 $20,700 77:0% $0 $2,381 $0 20,120 19;114
($9,476) ($948) $42,338 73.3% ($6,862) $5,658 ($1,716) 6,135 5,828
[$21,729) ($2,173) $47,866 69.4% ($15,734) $7,314 ($3,934) 6,135 5,828
$759 $76 $20,700 77JJ% $0 $2,381 $0 21,126 20,070
[$22,116) ($2,212) $33,185 65,9% ($16,015) $5,658 ($4,004) 11,452 10,879
$4,339 $434 $20,700 77.0% $0 $2,381 $0 20,120 19;114
$1,929 $193 $20,700 77.0% $0 $2,381 $0 20,120 19,114
($341) ($34) $20,453 76,7% ($247) $2,381 ($124) 18,108 17,203
$2,279 $228 $20,700 77.0% $0 $2,381 $0 21,126 20,070
($21,729) ($2,173) $47,866 69,4% ($15,734) $7,314 ($3,934) 6,135 5,828
($6,416) ($642) $44,554 74,6% ($4,646) $5,658 ($1,162) 6,135 5;828
($13,299) ($1,330) $53,970 72.9% ($9,630) $7,314 ($2,407) 14,724 13,988
$2,014 $201 $49,200 77.0% $0 $5,658 $0 14,724 13,988
($12,156) ($1,216) $40,397 72.0% ($8,803) $5,658 ($2,2011 11,452 10,879
$2,195 . $219 $46,500 77.0% $0 $5,348 $0 11,452 10;879
($8,426) ($843) $43,098 73.7% ($6,102) $5,658 ($1,525) 6,135 5,828
($23,739) ($2,374) $46,410 68,5% ($17,190) $7,314 ($4,297) 6,135 5,828
($10,836) ($1,084) $41,353 72.6% ($7,847) $5,658 ($1,962) 6,135 . 5,828
($26,149) ($2,615) $44,665 67.2% ($18,935) $7,314 ($4,734) 6,135 5,828
$29,469 $2,947 $31,440 77.0% $0 $3,616 $0 21,360 20,292
($10,576). ($1,058) $41,541 72.8% ($7,659) $5,658 ($1,915) 4,265 4,052
$1,469 $147 $20,700 77.0% $0 $2,381 $0 10,060 .9,557
($13,466) ($1,347) $39,449 71.3% ($9,751) $5,658 ($2,438) 4,265 4,052
$5,819 $582 $20,700 77.0% $0 $2,38i $0 18,108 17,203
$3,199 $320 $20,700 77.0% $0 $2,381 $0 42,252 40,139
($11) ($1) $20,692 77.0% ($8) $2,381 ($3) 10,060 9,557
$31,009 $3,101 $31,440 77.0% $0 $3,616 $0 14,952 14,204
($17,256) ($1,726) $36,704 69.2% ($12,4961 $5,658 ($3,1241 12,090 .11,486
($12,426) ($1,243) $40,202 71.9% . ($8;998.4) $5,658 ($2,2501 34,356 32;638
443,000 385,103
Apollo Group (APOL)

Associate's - Business & Management (Business) $20,700 $10,350 76% $15,732 $4,968 $1,750 $22,730 $2,273
Bachelor's - Business & Management (Business) $49,200 $12,300 76% $37,392 $11,808 $4,160 $42,840 $4,284
Bachelor's - Business & Management, Online (Business) $63,600 $15,900 76% $48,336 $15,264 $5,377 $45,900 $4,590
Associate's - Healthcare, Pharmacy Technician'(Healthcare) $20,700 $10,350 76% $15;732 $4,%8 $1,750 $22,770 $2,277
Bachelor's - Health Management (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $4,160 $30,200 $3,020
AssOciate's - Accou nting (Business) $20,700 $10,350 76% $15,732 $4,968 $1,750 $26~350 $2,635
Associate's - Hospitality, Travel & Tourism (Business) $20,700 $10,350 76% $15,732 ,$4,968 $1,750 $23,940 $2,394
Associate's -Information Technology/Support (Technology) $20,700 $10,350 76% $15,732 $4,968 $1,750 $21,670 $2,167
Associate's - Healthcare Administration, Medical Records (He) $20,700 $10,350 76% $15,732 $4,968 $1,750 $24,290 $2,429
Bachelor's - Accounting Online (Business) $63,600 $31,800 76% $411,336 $15.264 $5,377 $45,900 $4.590
Bachelor's - Accounting (BUsiness) $49,200 $12,300 76% $37,392 $11,808 $4.160 $45,900 $4.590
Bachelor's - Information Systems, Online (Technology) $63,600 $15,900 76% $48,336 $15.264 $5.377 , $4S;~OO $4,590
Bachelor's -Information Systems (Technology) $49,200 $12,300 76% $37,392 $11,808 $4,160 $54.330 $5,433
Bachelor's - Health Administration (Healthc,are) $49,200 $12,300 76% $37,392 $11,808 $4,160 $40,160 , $4,016
Bachelor's - Nursing (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $4,160 $51,640 ' $5,164
8achelor's " PlJblic Administration (Business) $49,200 $12,300 76% $37,392 $11,808 $4,160 $43,890 $4,389
Bachelor's - Public Administration, Online (Business) $63,600 $15,900 76% $48,336 $15,264 $5.377 $43,890 ,$4,389
8achel~>r's - HR Management (Business} $49,200 $12,300 76% $37,392 $11,808 $4,160 ' $41A80 $4.148
Bathel~r's - ,HR Ma nagement, Online (Business) $63,600 $15,900 76% $48,336 $15,264 $5,377 $41,480 $4,148
Master's· 'Business Administration (Business),: ' ' . $31,440 $10,480 76% $23,894 $7,546 $2,658 $62,900 $6,290
Bachelor's - Organizational Security/Managem(mt(Criminal Justice) $49,200 $12,300 76% $37,392 $11,808 $4,160 $41.740 $4,174
Associate's - Criminal Justice Concentration (Criminal Justice) $20;700 $10,350 76% $15,732 $4.968 $1,750 $23,48P $2;348
Bachelor's - (;riminal Justice Administration'(Criminal Justice) $49,200 $12,300 ,76,% ' $37,392 $11,808 $4,160 538,850 $3.885
Associate;s -Information Technology (Technoiogy), ' $20.700 $10,350 76% $15.732 $4.968 $1,750' 527,1l30 $2,783
Associate's ,- Education (Education) , $20,!00 $10,350 76% $15,732 $4,968 $1.750, $i5,2io $2.521
' ..
,Associate's· Human Services (Arts & Services) $22,000 $7,333 76% $16,720 $5,280 $i,860 '$22,000 $2.200
Master's -l:Iealth Administration (Healthcare) $31;440 $10,480 '76% $23,894 $7,546 $2,658 ,$64,440 $6,444
Bachelor's - Communications & Technology (Arts&'Services) $49;200 $12,300 76% $37,392 $11,808 $4,160 $35,060 $3,506
Bachelo'r's -'Education, Elementary Teacher (Education) $49,200 , $12,300 76% $37,392 $11,808 $4,160 $39.890 $3.989

t1Imn1 Adlusted Delta ($) Delta 1%1


Average cost of education per year $12,5/i7 ' $13,948 $1,381 11%
2-yr degree total cost $25,134 $27,895 $2,761 11%
4-yr degree tot,al cost $50,268 $55,791 $5,523 i1%
$17,501 $5,229 $523 $25,401 80.4% $4,701 $2,351 $12,701 20,120 19,114 43-0000 Office/Administrative Support
$41,595 $1,245 $124 $50,319 76.5% $1,119 $280 $12,580 6,135 5,828 13,{)(lOO Business and Financial Operations
$53,770 ($7,870) ($787) $56,S26 ,73.0% ($7,074) ($1,769) $14,131 6,135 5,828 13-2011
$17,501 $5,269 $527 $2S,437 80.5% $4,737 $2,368 $12,718 21,126 20,070 29-2052 Pharmacy Technicians
$41,595 ($11,395) ($1,140) $38,956 69.7% ($10,244) ($2,561) $9,739 11,452 10,879 29-9099 Healthcare Workers, Other
$17,501 $8,849 $885 $28,655 82.7% $7,955 $3,978 $14,328 20,120 19,114 43-3031 Bookkeeping, Accounting & Auditi
$17,501 $6,439 $644 $26,489 81.2% $5,789 $2,894 $13,244 20,120 19,114 41-3041 Travel Agent
$17,501 $4,169 $417 $24,448 79.7% $3,748 $1,874 $12,224 18,108 17,203 15-1041 Computer Support Specialist
$17,50i $6,789 $679 $26,803 81.5% $6,103 $3,052 $13,402 21,126 20,070 29-2071 Medical Records & Health Info. Te'
$53,770 ($7,870) ($787) $56,526 "13.0% ($7,074) ($3,537) $28,263 6,135 5,828
$41,595 $4,305 $430 $53,070 77.7% $3,870 $967 $13,267 6,135 5,8281 13-2011 Accountants and Auditors
$53,770 ($7,870) ($787) $56,526 73.0% ($7,074) ($1,769) $14,131 14,724 13,988
$41,595 $12,735 $1,273 $60,648 80.5% $11,448 $2,862 $15,162 14,724 13,988 15-1081 Systems/Data Communications An
$41,595 ($1,435) ($144) $47,910 75.4% ($1,290) ($323) $11,977 il,452 10,879 29-0000 Healthcare Practitioner/Technical
$41,595 $10,045 $1,004 $58,230 79.7% $9,030 $2,257 $14,557 11,452 10,879 L9~li11 Registered Nurses
$41,595 $2,295 $229 $51,263 77.0% $2,063 $516 $12,816 6,135 5,828 13-1199 Business Operations Specialists, 01
$53,770 ($9,880) ($988) $54,719 72.1% ($8,881) ($2,220) $13,680 6;135 5,828
$41,595 ($115) ($12) $49,096 75.9% ($104) ($26) $12,274 6,135 5,8281 13-1079 HR, Training & Labor Relations 5pe
$53,770 ($12,290) ($1,229) $52,552 ,71.0% {$11,048J ($2,762) $13,138 6,135 5,828
$26,580 $36,320 . $3,632 $64,089 88.2% $32,649 $10,883 $21,363 21,360 20,292 11-1021 General & Operations Managers '
$41,595 $145 $14 $49,330 76.1% $130 $32 $12,332 4,265 4,052 33_1011 Supervisors/Managers of Correaie
$17,501 $5,979 $598 $26,075 80.9% $5,375 $2,688 $13,038 10,060 9,557 33-0000 Protective Service Occu pations "
$41,595 ($2,745) ($275) $46,732 74.7% ($2,468) ($617) $11,683 4,265 4,052 33-3051 Police & Sheriff Patrol Officers,
$17,501 $10,329 $1,033 $29,986 83.4% $9,286 $4,643 $14,993 18,108 17,203 43-9011 'Computer Operators
$17,501 $7,709 $771 $27,630 82.0% $6,930 $3,465 $13,815 42;252 40,139 25-9og9 Education, Training and Library We
$18,600 $3,400 $340 $25,057 78.9% $3,057 $1,Cl19 $8,352 10,060 9,557 43-9199 Office/Administrative Support
$26,580 $37,860 $3,786 $65,474 88.5% $34,034 $11,345 $21,825 14,952 14,204 11-09199 Managers, Other
$41,595 ($6,535) ($654) $43,325 72.7% ($5,875J ($1,469) $10,831 12,090 11,486 27-4099 'Media/Communication Workers, (
$41,595 ($1,705) ($171) $47,667 75.2% ($1,533) ($383) $11,917 34,356 32,638 25-i022 Elementary School Teachers
443,000 385,103

Key Assumptions for GE calculations

1. Cost of programs based on reported cost /credit


2. Percent of degre'e financed assumes Title IV % reI
3. Debt service payment based on 7.5% interest ratE
4. Starting salaries taken from applicable BLS codes,
5. Debt service / income ratio of 8% based on Gainf,
6. Student mix by program level and program type l
7. Cost cuts estimated on a per-school basis, based·
8. EP5 im pacts based on existing reported informati
9. PIE ratios taken from most recent stock prices
APOL Student Population Matrix How % of Debt Financed Was Derived Based on 86% Average (per 10-K) minus 10% of credits completed
Degree Mix of Student Population {APOL figures) Minus assumed Avg. APm
Diploma 0% Degree Avg. Per/hr Cost Hrs Required Avg. Tuition 10% credit hrs Tuition
Occupations Associates 45% 201,200 $345 60 $20,700 6 $18,630
Bachelor's 37% 163,600
Master's 16% 71,200 Bachelors lowclevel $345 120 $41,400 12 $37,260
Doctoral 2% 7,000 Bachelors up.-level $475 120 $57,000 12 $51,300
ng Clerks 00% 443,000 Bachelors,online $530 120 $63,600 12 $57,240
:udents (no APm figures; assumed) Master's $655 48 $31,440 4.8 $28,296
Ph.D $745 55 $40,975 5.5 $36,878
chnician
Business
Criminal Justice
Education
,alysts Arts & Services University 'of Phoenix comprises 95% of revenues; the other progra ms
Healthcare are not material to operating profits. For this exercise, we assu me
Technolo 1OO%ofthe students fall under Title IV requ irements despite the
ther . small amount of students in non-US programs as Apollo :Global has

!cialists yet to tum a profit as of FY09.


Business 60,360 49,080
Criminal Justice' 10,060 . , 8,530
mal Officers Education 42,252 34,356
Arts & Services' 10,060 i2,090
Healthcare 42,252 34,3~6 14,952 1,470
Technolol!V 36.216 29,448 12,816 1,260
Jrkers ITotal 201,200 167,86067,640 '6,300
In programs were no Ph.D or Master's degree exists; the percentage mix was added to Bachelor's.

)ther

hour and program length


Jenues Jess 10% (transfer credits and cash)
~ (6.8% gov't loans / 12% private) and lO-yr repayment
. by program category and job type
ul Employment proposed regulation
Jsed to calculate total revenue impact
on disclosed cost cateogries and industry experts
on, share counts, and street EPS estimates
Associate's - Business & Management (Business) $20,700 $10,350 77% $15,939 $4,761
$16,022 77% Bachelor's - Business & Management (Business) $49,200 $12,300 77% $37,B84 $11,316
Bachelor's' Business & Management, Online (Business) $63,600 $15,900 77% $48,972 $14,628
$32,044 77% Associate's - Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350 77% $15,9~9 $4,761
$44,118 77% Bachelor's - Health Management (Healthcare) $49,200 $12,300 77% $37,884 $11,316
$49,226 77% Associate's - Accounting (Business) $20,700 $10,350 77% $15,939 $4,761
$24,335 77% Associate's', Hospitality, Travel & Tourism (Business) $20,700 $10,350 77% $15,939 $4,761
$31,715 77% Associate's - Information Technology/Support (Technology) $20,700 $10,350 77% ' $15,939 $4,761
Associate's - Healthcare Administration, Medical Records (He) $20,700 $10,350 77% $15,939 $4,761
Bachelor's - Accounting Online [Business) $63,600 $31,800 77% $48,972 $14,628
Bachelor's - Accounting (Business) $49,200 $12,300 77% $37,884 $11,316
Bachelor's, Information Systems, Online (Technology) $63,600 $15,900 77% $48,972 $14,628
Bachelor's - Information Systems (Technology) $49,200 $12,300 77% $37;884 $11,316
Bachelor's - Health Admi nistration (Healthcare) $49,200 $12,300 77% $37,884 $11,316
Bachelor's - Nursing (Healthcare] $46,SOO $11,625 77% $35,805 $10,695
Bachelor's - Public Administration (Business) $49,200 $12,300 77% $37,884 $11,316
Bachelor's, Public Administration, Online (Business) $63,600 $15,900 77% $48,972 $14,628
Bachelor's - HR Management (Business) $49,200 $12,300 77% $37,884 $11,316
Bachelor's, HR Management, Online (Business) $63,600 $15,900 77% $48;972 $14,628
Master's - Business Admin'istration (Business) $31,440 $10,480 77% $24;209 $7,231
Bachelor's - Organizational Security/Management (Criminal Justice) $49,200 '$12,300 77% $37,884 $11,316
Associate's - Criminal Justice Concentration (Criminal Justice) $20,700 $10,350 77% $15,939 $4,761
Bachelor's, Criminal Justice Administration (Criminal Justice) $49,200 $12,300 77% $37,884 $11,316
Associate's - Information Technology (Technology) $20,700 $10,350 77% $15,939 $4,761
Associate's - EducatiOn (Educ;J;tion) $20,700 $10,350 77% $15,939 $4,761
Associate's - Human SerVices (Arts & Services) $20,700 $6,900 77% $15,939 $4,761
Master's - Health Administration (Healthcare) $31,440 $10,480 77% $24,209 $7,231
Bachelor's - Comniunicatio,ns & Technology (Arts & Services] , $49,200 $12;300 77% $37,884 $11,316
Bachelor's - Education, Elementary Teacher (Education) $49,200 $12,300 77% $37,884 $11,316
I '
$2,201 $22.,730 10% $2.,273 $2.2.,011 $719 $72 $20,700 77.0% $0 $2.381 $0 20,120 19,114
$5,232 $42;840 10% $4,284 $52.,316 ($9,476) [$948) $42.,338 73.3% ($6,862.) $5,658 ($1,716) 6;135 5,82.8
$6,763 $45,900 10% $4,590 $67,62.9 ($2.1,729) ($2,173) $47,866 69.4% ($15,734) $7,314 ($3,934] 6,135 5,82.8
$2,201 $22,770 10% $2.,277 $2.2.,011 $759 $76 $20,700 77.0% $0 $2,381 $0 2.1,126 2.0,070
$5.232 $30,200 10% $3,02.0 $52.,316 ($2.2.,116) ($2,212) $33,185 65.9% ($16,015) $5,658 ($4,004) 11,452 10,879
$2,201 $26,350 10% $2.,635 $22.,011 $4,339 $434 $20,700 77.0% $0 $2,381 $0 2.0,12.0 19,114
$2;201 $23,940 10% $2.,394 $2.2.,011 $1,92.9 $193 $20,700 77.0% $0 $2,381 $0 20,120 19,114
$2,201 $21,670 - 10% $2.,167 $22.,011 ($341) [$34) $20,453 76.7% ($2471 $2,381 ($124) 18,108 17,203
$2,201 $24,2.90 10% $2.,42.9 $22.,011 $2,2.79 $228 $20,700 77.0% $0 $2,381 $0 21,126 2.0,070
$6.763 $45,900 10% $4,590 $67.629 ($2.1,729) ($2,173) $47,866 69.4% ($15,734) $7,314 ($3,934) 6,135 5,828
$5.232 $45.900 10% $4,590 $52.,316 ($6,416) ($642) $44,554 74.6% ($4,646) $5,658 ($1,162) 6,135 _5,828
$6.763 $54,330 10% $5,433 $67,629 ($13,299) ($1,330) $53,970 72.9% ($9,630) $7,314 ($2.,407) 14,724 13,988
$5.232 $54.330 10% $5,433 $52,316 $2,014 $201 $49,200 77.0% $0 $5,658 $0 14,724 13,988
$5,232 $40,160 10% $4,016 $52,316 ($12.,156) [$1,216) $40,397 72.0% ($8,803) $5,658 ($2,2.01) 11,452 10,879
$4,945 $51.640 10% $5,164 $_49,445 $2,195 $219 $46,500 77.0% $0 $5;348 $0 11,45J. 10,879
$5,232 - $43,890 10% $4,389 $52.316 ($8,426) ($843) $43,098 73:7% ($6,102) $5,658 ($1,525) 6,135 5,828
$6,763 $43,890 10% $4,389 -$67,629 ($23,739) ($2,374) $46,410 685% ($17,190) $7,3i4 ($4,297) 6,135 5,828
$5,232 $41,480 10% $4,148 $52..316 ($10,836) [$1,084) $41,353 72.6% ($7,847) $5,658 ($1,962) 6,135 5,828
- $6,763 $41,480 10% $4,148 $67,629 ($26,149) [$2,615) $44;665 67;2% ($18,935) $7,314 ($4,734) 6,135 5,828
$3,343 _$62.,900 10% $6,290 $33,431 $29,469 $2.,947 $31,440 77.0%_ $0 $3,616 $0 2.1,360 20,292
$5,232 $41,740 10% $4,174 $52,316 ($10,576) [$1,058) $41,541 72.8% ($7,659) $5,658 ($1,915) 4,265- 4,052
$2,201- $23,480 10% $2,348 $22,011 $1,469 $147 $2.0,700 77.0% $0 $2.,381 $0 10,060 - 9,557
$5;232 $38,850 10% $3,885. $52,316 ($13,4661 ($1,347) $39,449 71.3% ($9,751) $5,658 ($2,438) 4,265 4,052
$2.,201 $27,830 10% $2,783 $22,011 $5,819 $582 $20,700 77.0% $0 $2,381 $0 18,108 - 17,203
$2,201- $25,210 10% $2,521 $22,011 $3,199 $320 $20,700 77.0% $0 $2,381 $0 4<,-,252 40,139
$2,201 $22,000 10% $2,200 $2.2,011 ($111 ($1) $20,692 77.0% ($8) $2,381 ($3) 10,060 9.557
$3,343 $64,440 10% $6,444 $33,431 $31,009 $3,101 $31,440 77.0% $0 $3,616 $0 14,952- 14,204
$5,232 $35,060 10% $3,506 $52,316 ($17,2561 [$1,7261 $36,704 69.2% ($12,496) $5,658 ($3,124) 12,090 11,486' --
$5,232 $39,890 10% $3,989 $52;316 ($12,426) ($1,243) $40,202 71.9%: ($8,998.4) $5,658 [$2,250) 34,356 32,638
443,000 - 385,103
Apollo Group (APOLl

Associate's - Business & Management (Business) $20,700 $10,350 76% $15,732 $4,968 $1,521 $22,730
Bachelor's - Business & Management (Business) $49,200 $12,300 76% $37,392 $11,808 $3,615 $42,840
Bachelor's - Busl ness & Management, On line (Busin.ess) $63,600 $15,900 76% $48,336 $15,264 $4,673 $45,900
Assoclate's,- Healthcare, Pharmacy Technician (Healthcare) $20,700 $10,350 76% $15,732 $4,968 $1,521 $22,770
Bachelor's - Health Management (Healthcare) $49,200 $12,300 76% $37,392 $11,808 , $3,615 $30,200
Associate's - Accounting (Business) $20,700 $10,350 76% $15,732 $4,968 $1,521 $26,350
Associate's - Hospitality, Travel &Tourism (Business) $20,700 $10,350 76% $15,732 $4,968 $1,521 $23,940
Associate's - Information Technology/Support (Technology) $20,700 $10,350 76% $15,732 $4,968 $1,521 $21,670
Associate's - Healthcare Administration, Medical Records (HC) $20,700 $10,350 76% $15,732 $4,968 $1,521 $24,290
Bachelor's· Accounting Online (Business) , $63,600 $31,800 76% $48,336 $15,264 $4,673 $45,900
Bachelor's ~ Accounting (Business) $49,200 $12,300 76% $37,392 $11,808 $3,615 $45,900
Bachelor's ~ Information Systems, Online (Technology) $63,600 $15,900 76% $48,336 '$15,264 $4,673 $45,900
Bachelor's - Information Systems (Technology)" $49;200 $12,300 76% $37,392 $11,808 $3,615 $54,330
Bachelor's· Health Administration (Healthcare) $4~,200 $12,300 76% $37,392 $11,808 $3,615 ' $40,160
Bachelor's- Nursing (Healthcare) $49,200 $12,300 76% $37,392 $11,808 $3,615 $51,640
Bachelor's'Publ,c Administration (Business) , $49,200 $12,300 76% $37,392 $11,808 $3,615 $43,890
Bachelor's - Public Administration, Online (B\islneSs) $63,600 $15,900 76% $48,336 $15,264 $4,673 $43,890
Bachelor's,' HR Management (Business) $49,200 $12,300 76% $37,392 $11,808 $3,615 $41,480
Bachelor's cHR Management, Online (Business) , $63,600 $15,900 76% $48,336 $15,264 $4,673 $41,480
Master's'- Business Administration (Business) , $31,440 $10;480 .16% $23,894 ',,$7,546 $2,310 $62,900
Bachelor's- Organizational Security/Management (Criminal Justice) $49;200 $12,300 76% $37,392 ,$11,808 $3,615 $41,740
Associate's - Criminal Justice Concentration (Criminal Justice) $20,700 $10,350 76% $15,732 '$4~968 $1.521 $23,480
Bachelor"s - Criminal Justice Administration (Criminal Justice) $49~20i:l $12,300 76% $37,392 $11;808 $3,615 ,$38,850
Associate's-Information Technology (Technol,ogy) $20,700 $10,350 76% $15,732 $4,968 $1,521 $27,830
Associate's- Education I Education) $20)00 $10,350 76% $15,732 $4,968 $1,521' $25,210
Associate's -,Human Services (Arts & Services) $22,000 $7,333 76% $16,720 , $5,280 $1,616 $22,000
Master's - Health Administration (Healthcare) , $31,440 $10,480 76% $23,894 $7,546 $2,310 $64,440
Bachelor's- Communications &.Technology (Arts & Services) $49,'200 $12,300 76% $37,392 $11,808 $3,615, $35,060
Bachelor's -'Education, Elementary Teacher (Education) $49,200 $12,300 76% $37,392 $11,808 $3,615 $39,890

~ Adjusted Delta ($) Delta 1%1


Average cost of education per yea r $12,567 $15,595 ' $3.028 24%
2-yr degree total cost $25,134 $31,191 $6,056 24%
4-yr degree total cost $50,268 $6i,381 $12,113 24%
$2,273 $15,208 $7,522 $752 $28,481 82.6% $7,781 $3,890 $14,240 20,120 19,114 43-0000 Qfflce/Administr.
$4,284 $36,147 $6,693 $669 $56,123 79.0% $6,923 $1,731 $14,031 6,135 5,828 13-Q(X)0 Busi ness and Fin<
$4,590 $46,727 ($8271 ($831 $62,745 75.7% ($855) ($214) $15,686 6,135 5,828 13~2011
$2,277 $15,208 $7,562 $756 $28,522 82.6% $7,822 $3,911 $14,261 21,126 20,070 29-2052 Pharmacy Techni
$3,020 $36,147 ($5,9471 ($595) $43,048 72.6% ($6,152) ($1,538) $10,762 11,452 10,879 29-9099 Hea Ithcare Work
$2,635 $15,208 $11;142 $1,114 $32,225 84.6% $11,525 $5,763 $16,113 20,120 19,114 43-3031 Bookkeeping, Ac(
'$2;394 $15,208 $8,732 $873 $29,732 83.3% $9,032 $4;516 $14,866 20,120 19,114 41·3041 Travel Agent
$2,167 $15,208 $6,462 $646 $27,384 81.9% $6,684 $3,342 $13,692 18,108 17,203 15·1041 Co l11 puter Suppo
$2,429 $15,208 $9,082 $908 $30,094 83.5% $9,394 $4,697 $15,047 21,126 20,070 29-2071 Medical Records
$4,590 $46,727 ($827) ($83) $62,745 75.7% ($855) ($428) $31,372 6,135 5,828
, , $4,590 $36,147 $9,753 $975 $59,289 80.1% $10,089 $2,522 $14,822 6,135 5,8281 13-2011 Accountants and
, $4,590 $46,727 ($e27) , ($83) $62,745 75.7% [$855) ($214) $15,686 14,724 13,988
.$5,433 $36,147 ", $18,183 $1,818 $68,009 82.6% $18,809 $4,702 $17,001 14,724 13,988 15-1081 Systems/Data Co
$4,016 $36,147 $4,013 $401 $53,351 77.9% $4,151 $1,038 $13,338 11,452 10,879 29-0000 Healthcare Practi
$5,164 $36,147 $15,493 $1,549 $65,226 81.9% $16,026 $4,007 $16,307 11,452 10,879 29-1111 Registered Nurse
$4,3'89 $36,147 $7,743 $774 $57,209 79.4% $8,009 $2,002 $14,302 6,135 5,828 13 c1199 BusinessOperati,
$4,389 $46,727 ($2,837,) ($284) $60,665 74.8% ($2,9~5) [$734) $15,166 6,135 5,828
$4,148 $36,147 $5,333 $533 $54,716 78.4% $5,516 $1,379 $13,679 6,135 5,828 13-1079 HR,Trairiing & La
$4,148 $46,727 ($5,247) ($525j $58,172 73.8% ($5,428) , ($1,357j $14,543 6,135 5,828
: $6,290 $23,099 $39,801 ' $3,980 $72,612 89.6% , $41,172 $13,724 $24,204 21,360 .20,292 11-1021 General & Opera'
$4,174 $36,147 $5,593 $559 "'$54,985 78.5% $5,7a5 $1,446 $13,746 4,265 4,052 33-1011 Su pervisors/Man
$2,348 $15,208 $8,272 $827 $29,257 83.0% $8,557 $4,278 . $14,628 10,OGO 9,557 33·0000 Protective Servic<
$3,885 $36,147 .$2,703 $270 $51,996 77;3% $2,796 $699 "$12,999 4,265 4,052 33-3051 Police &: Sheriff P'
$2,783 $15,208 $12,622 $1,262 $3:l,756 85.3% $13,056 $6,528 ' $16,878 18,108 17,203 43-9011. Computer Opera'
$2,521 $15,208 $10,002 $1,000 $31,046 84.0%, $10,346 $5,173 $15,523 42,252 40,139 25-9099 Education, Tralnl
.$2,200 $16,163 '$5,837. $584 $28,038 81.2% $6,038 $2,013 ' $9,346 10,060 9,557 43-91990fflce/Adminlstr'
:$6,444 $23,099 $41,341 $4,134 $74,205 89.8% $42~765 $14,255 $24,735 14,952 . 14,204 11-09199 ManagE:rs,.Other
$3,506 $36,147 ($1,087) ($109) $48,075 75.4% ($1,125) ($281) $li,019 12,090 11,486 27-4099 Media/Co'mmuni
$3,989 $36,147 $3,743 $374 $53,072 77:8% $3,872 $968 $13,268 34,356 .32,638 25·2022 ElementaryScho,
443,000 385,103

Kev Assumptions for GE calculatlo

1.Cost of programs based on repo


2. Percent of degree financed assu
3. Debt serylce payment based on
4. Starting salaries taken from app
5. Debt serVice / Income ratio of 8~
6. Student mix by program level ar
7. Cost cuts estimated on a per-set
8. EPS impacts based on existing rt
9. PIE ratios taken from most recel
201,200 Associates $345 60 $20,700
163,600
cians 71,200 Bachelors low-level $345 120 $41,400
ers, Other 7,000 Bachelors up.-Ievel $475 120 $57,000
:ountlng & Auditing Clerks 443,000 Bachelors on Ii ne $530 120 $63,600
::Jdents ([lD APO_ :gu'es; a~slll~~dl Master's $655 48 $3.1,440
rt Specialist Ph.D $745 55 $40,975
& Health Info. Technician

Auditors

mmunications Analysts University of Phoenill: comprises 95'


Itioner/Technical are not material to operating profit!
s 100% of the studen~s fall under Title
ons Specialists, Other small amount of stud.ents in non-US

bor Relations Specialists Iyet to tu rn a profit as of FY09..


.Business 60,~60 49,080 21;360 2,100 132,900
tlOns Managers . Criminal Justice 10,060 8,530 .. 3,560 nla 22;150
agers',of Correctional Officers : IEducatlon 42,252 34,356 14,952 1,470 93,030
2 Occupations '. Arts. & Services 10,060 12,090 . 22,150
.atrel Officers Healthcare 42,252 34,356 . 14,952 1,470 .93,030
tors' Technolop.v 36,216 29,448 12,816 1,260 79,740
.ng and libra ry Workers. Total 201,200 167,860 67,640 6,300 443,000
3tive SU pport In programs were no Ph. Dor Master's degree exists, the percentag~ mix was added to Bachelor's.

cation Workers, Other


01Teachers

rted cost I credit hour and program length


mes Title IV % revenues less 10% (transfer credits and cash)
7.5% interest rate (6.8% gov't loans 112% private) and 1Cl-yr repayment
Iicable BLS codes, by program category and job type
Yo based on Gainful Employment proposed regulation
ld program type used ~o calculate total revenue Impact
1001 basis, based on disclosed cost cateogries and industry experts
!ported information, share counts, and street EP5 estimates
nt stock prices
Associate's - Business & Management (Busi ness) $20,700 $10,350
6 $18,630 $16,022 77% Bachelor's - Business &,Management (Business) $49,200 $12,300
Bachelor's - Business ,& Management, Online (Business) $63,600, $15,900
12 $37,260 $32,044 77% Associate's - HeaIthcarei Pharmacy Technician (Healthcare) $20,700 $10,350
12 $5i,300 $44,118 77% Bachelor's· Health Management (Healthcare) $49,200 $12,300
12 $57,240 $49,226 77% Associate's· Accounting (Bu'slness) $20,700 $10,350'
4.8 $28,296 $24,335 77% Associate's - Hospitality; Travel & TOUrism (Business) $20,700 $10,350
5.5 $36;878 $31,715 77% Associate's -Information Technology/Support (Technology) $20,700 $10,350
Associate's - Healthcare Administration, Medical Records (He) $20,700 $10,350
Bachelor's - Accounting Online (Business) $63,600 $31,800
Bachelor's - Accounting (Business) $49,200 , $12,300
Bachelor's - Informatiqn Systems, Online (Technology) $63,600 , $15,900
~ of revenues; the othi;!r programs Bachelor's -lnformatiQn Systems (Technology) $49,200 $12,300
;. For th is exercise, we assume Bachelor's - Health Administration (Healthcare) $49,200 $12,300
! IV requirements despite the Bachelor's - Nursing (Healthcare) $46,500 $11,625
programs as Apollo Global has Bachelor's - Public Administration (Business) $49,200 $12,300
Bachelor's· Public Administration, Onl1ne (Business) $63,600' $15,900
Bachelor's· HR Ma nagement (Business) $49,200 $12,300
Bachelor's - HR Management, Online (Business) $63,600 $15,900
Master's - Business Administration (Business) $31,440 $10,480
Bachelor's - Organizational Security/Management' (Cri,minaIJiJstice) $49,200' $12,300
Associate's - crlmln~1 Justice ConcentratiOn (Criminal JUstice) $20,700 " $10,350
Bachelor's· Criminal Justice Administration (Criminal Justice) $49,200' $12,300
Associate's· InformaiionTechnology (Technology) " $20,700 $10,350
Associate's· Education (Education] $20;700 $10,350
Associate's - Human S~rvices (Arts & Services) $20,700' $6,900
Master's - Health Administration (Healthcare) $31,440 $10,489
Bachelor's - Communications & Technology (Arts & Services) $49,200, $12,300
Bachelor's - Education', Elementary Teacher (Education) $49,200 $12,300
I
77% $15,939 $4,761 $2,201 $22,730 10% $2,273 $22,011 $719 $72 $20,700 77.0% $0
77% $37,884 $11,316 $5,232 $42,840 10% $4,284 $52,316 ($9,476) ($948) $42,338 73.3% ($6,862)
77% $48,972 $14,618 $6,763 $45,900 10% $4,590 $67,629 ($21,729) ($2,173) $47,866 69.4% ($15,734)
77% $15,939 $4,761 $2,201 $22,770 10% $2,277 $22,011 $759 $76 $20,700 77.0% $0
77% $37,884 $11,316 $5,232 $30,200 10% $3,020 $52,316 ($22,116) ($2,212) $33,185 65.9% ($16,015)
77% $15,939 $4,761 $2,201 $26,350 10% $2,635 $22,011 $4,339 $434 $20,700 77.0% $0
77%' $15,939 $4,761 $2,201 $23,940 10% $2,394 $22,011 $1,929 $193 $20,700 77.0% $0
77% $15,939 $4,761 $2,201 $21,670 10% $2,167 $22,011 ($341) ($34) $20,453 76.7% ($247)
77% $15,939 $4,761 $2,201 $24,290 10% $2,429 $22,011 $2,279 $228 $20,700 77.0% $0
77% $48,972 $14,628 $6,763 $45,900 10% $4,590 $67,629 ($21,729) ($2,173) $47,866 69.4% ($15,734)
77% $37,884 $11,316 $5,232 $45,900 10% $4,590 $52,316 ($6,416) ($642) $44,554 74.6% ($4,646)
77% $48,972 $14,628 $6,763 $54,330 ' 10% $5,433 ' $67,629 ($13,299) ($1,330) $53,970 72.9% ($9,630)
77% $37,884 $11,3i6 $5,232 $54,330 10% $5,433 $52,316 $2,014 $201 $49,200 77.0% $0
77% $37,884 $11,316. $5,232 $40,160 10% $4,016 $52,316 ($12,156), ($1,216) $40,397 72.0% ($8,803)
77% $35,805 $10,695 $4,945 $51,640 10% $5,164 $49,445 $2,195 $219 $46,500 77.0% $0
77%, $37,884 $11,316 $5,232 $43,890 10% $4,389 $52,316 ($8,426) ($843) $43,098 73.7% ($6,102)
77% $48,972 $14,628 $6,763 $43,890 10% $4,389 $67,629 ($23,739) ($2,374) $46,410 68.5% ($17,190)
77% ' $37,884 $11,316 $5,232 $41,480 10% $4,148 $52,316 ($10,836) ($1,084) $41,353 72.6% ($7,847)'
77% $48,972 $14,628 $6,763 $4i,480 10% $4,148 $67,629 ($26,149) ($2,615) $44;665 67.2% ($18,935)
77% $24,209 $7,231 $3,343 $62,900 10% $6,290 $33,431 $29,469 $2,947 $31,440 77.0% $0
77% $37,884 $11,316 $5,232 $41,740 10% $4,174 $52,316 ($10,576) ($1,058) $41,541' 72.8% ($7,659)
77% $i5,939 $4,761 $2,201 $23,480 10% $2,348 $22,011 $1,469 $147 $20,700 77.0% $0
77% $37,884 $11,316 $5,232 $38,850 10% $3,885 $52,316 ($13,466) ($1,347) $39,449 71.3% ($9,751)
77% $15,939 $4,761 $2,201 $21,830 10% $2,783 $22,011 $5,819 $582 $20,700 77.0% '$0
"
77% ' $15,939 $4,761 $2,201 $25,210 10% $2,521 $22,011 $3,199, $320 $20,700 77.0% $0
77% $15,939 $4,761 $2,201 $22,000 10% $2,200 $22,011 ($11) , ($1) $20,692 ' 77.0% ($8)
77% $24,209 $7,231 $3,343 $64,440 10% $6,444 $33,431 $31,009 $3,101 $31,440 77.0% $0,
77% $37,884 $il,316 $5,232 $35,060 10% $3,506 $52,316 ' ($17,256) ($1,726) $36,704 69.2% ($12,496)
77% $37,884 $11,316 $5,232 $39,890 10% $3;989 $52,316 ($12,426) ($1,243) $40,202 71.9% ($8,998.4)
$2,381 $0 20,120 19,114
$5,658 ($1,716J 6,135 5,828
$7,314 ($3,934J 6,135 5,828
$2,381 $0 21,126 20,070
$5,658 ($4,004J 11,452 10,879
$2,381 $0 20,120 19,114
$2,381 $0 20,120 19,114
$2,381 ($124J 18,108 17,203
$2,381 $0 21,126 20,070
$7,314 ($3,934) 6,135 5,828
$5,658 ($1,162) 6,135 5,828
$7,314 ($2,407) 14,724 13,988
$5,658 $0 ·14,724 13,988
$5,658 ($2,201) 11,452 10,879
$5,348 $0 11,452 10,879
$5,658 ($1,525) 6,135 5,828
$7,314. ($4,297) 6,135 5,828
$5,658 ($1,962) 6,135 5,828
$7,314 ($4,734) 6,135 5,828
$3,616 $0 21,360 20,292
$5,658 ($1,915) 4,265 4,052
$2,381 $0 10,060 9,557
$5,658 ($2,438) 4,265 4,052
$2,381 $0 18,108 17,203
$2,381 $0 42,252 40,139··
$2,381 ($3) 10,060 9,557
$3,616 $0 14,952 14,204
$5,658 ($3,124) . 12,090 11,486
$5,658 ($2,250) 34,356 32,638
443,000 385,103
ITT Educational5ervices (E51)
(numbers in thousands, unless otherwise noted)

Associate's - Software Development (Tech) 2 $47,328 $23,664 65.0% $30,763


Bachelors - Business Administration (Business) 4 $84,240 $21,060 65.0% $54,756
Associate's - Engineering Technology (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Drafting & Design (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Network Systems (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Health Information Tech. (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Nursing Associate Program (Health) 2 $47,328 $23,664 65.0% $30,763
Associate's - Paralegal (Criminal Justice/Law) 2 $47,328 $23,664 65.0% $30,763
Associate's - Business Accounting (Business) 2 $47,328 $23,664 65.0% $30,763
Associate's - Criminal Justice (Criminal Justice) 2 $47,328 $23,664 65.0% $30,763
Bachelor's - Software Engineering Tech (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's -Information Systems Security (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's - Data Communications Systems (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's - Criminal Justice (Criminal Justice) 4 $84,240 $21,060 . 65.0% $54,756 .

Current Adjusted Delta ($)


$16,565 $4,382 $33,680 $2,694 $54i775 ($21,095) ($1,688) $35,481
$29,484 $7,800 $42,840 $3,427 $97,495 ($54,655) ($4,372) $53,544
$16,565 $4,382 $33,680 $2,694 $54;775 ($21,095) ($1,688) $35,481
$16,565 $4,382 . $34,620 $2,770 $54,775 ($20,155) ($1,612) $36,008
$16,565 $4,382 $30,170 $2,414 $54,775 ($24,605) ($1,968) $33,509
$16,565 $4,382 $33,680 $2,694 $54,775 ($21,095) ($1,688). $35,481
$16,565 $4,382 $23,790 $1,903 . $54,775 ($30,985) ($2,479) $29,926
$16,565 $4,382 $36,080 $2,886 $54,775 ($18,695) ($1,496) $36,828
$16,565 $4,382 $26,350 $2,108 $54,775 ($28,425) ($2,274) $31,364
$16,565 $4,382 $23,480 $1,878 $54,775 ($31,295) ($2,504) $29,752
$29,484 $7,800 $67,790 $5,423· $97,495 ($29,705) ($2,376) $67,557
$29,484 $7,800 $58,460 $4,677 $97,495 ($39,035) ($3,123) $62,317
$29,484 $7,800 $54,330 $4,346 $97,495 ($43,165) ($3,453) . . $59,997
$29;484 $7,800. $38,850 $3,108 $97,495 ($58,645) ($4,692) $51,303

Delta (%) 1 -------------


·.l

53.3% ($11,847) ($5,924) $17,740 $8,282 9,692: 9,207 43-3031 Bookkeeping, Accounting ~ Auditil
44.9% ($30,696) ($7,674) $13,386 $7,371 1,074; 1,020 13-0000 Business and FinancialOperations
53.3% ($11,847) ($5,924) $17,740 $8,282 9,692' . 9,207 43-3031 Bookkeeping, Accounting & Auditil
54.0% ($11,320) ($5,660) $18,004 $8,282 9,692; 9,207 27-1025 Interior Designers
50.6% ($13,819) ($6,909) $16,755 $8,282 9,692 9,207
·53.3% ($11,847) ($5,924) $17,740 $8,282 9,692 9,207
44.6% ($17,402) ($8,701) . $14,963 $8,282 4,038; 3,836 31-9099 Healthcare Support Workers, OthE
55.0% ($10,500) ($5,250) $18,414 $8,282 4,200; 3,990 23-2011 Paralegals and legal Assistants
47.2% ($15,964) ($7,982) ;$15,682 $8,282 4,523; 4,297 43-3031 Bookkeeping, Accountil'lg&Auditil
44.3% ($17,576) ($8,788) $14,876 $8,282 4,200 3,990 33-0000. Protective Service Occupations
·56.4% ($16,683) . ($4,171) $16,889 $7,371 3,836: 3,645 15-1031 Software Engineers, Applications
52.7% ($21,923). ($5,481) $15,579 $7,371 3,836'. 3,645
50.9%
42.5%
($24,243)
($32;937)
($6,061)
($8,234)
$14,999 $7,311
$7;371
3,836.
1,995: ' :.
3,
645
1,895
1 15-1081 Systems/Data Communii::;:ltions An
33-30$1 Police & Sheriff Patrol.Officers
$12,826

80,766; . 76,766

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ITT Educational Services (E51)
(numbers in thousands, unless otherwise noted)

Associate's - Software Development (Tech) 2 $47,328- . $23,664 65.0% $30,763


Bachelors - Business Administtation (Business) 4 $84,240 $21,060 65.0% $54,756
Associate's - EngineeringTechnology (Tech) .2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Drafting & Design (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Network Systems (Tech) 2 $47,328 $23,664 65.0% $30,763.
Associate's - Health Information Tech. (Tech) 2 $47,328 $23,664 65.0% . $30,763
Associate's - Nursing Associate Program (Health) 2 $47,328 $23,664 65.0% $30,763
Associate's - Paralegal (Criminal Jus~ice/Law) 2 $47,328 $23,664 65.0% $30,763
Associate's - Business Accounting (Business) 2 $47,328 $23,664 • 65.0% $30,763
Associate's - Criminal Justice (Criminal Justice) 2 $47,328 $23,664 65.0% $.jO,763
Bachelor's - Software Engineering Tech (Tech) 4 . $84,240 $21,060 65.0% .$54,756
Bachelor's -Information Systems Security (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's -Data Communications Systems (Tech) 4. $84,240 $21,060' . 65.0% $54,756
Bachelor's - Criminal Justice (Crirninal Justice) 4 $84,240 $21,060 65.0% $54,756

.' .'

Current Adiusted Delta IS·}


$16,565 . $3,422 $33,680 $2,694 $42~777 ($9,097) . ($728) $40,786
$29,484 $6,091 $42,840 $3,427 $76,139 ($33,299) . ($2,664) $60,293
$16,565 $3,422 $33,680 $2,694 $42,777 ($9,097) ($728) $40,786
$16,565 $3,422 $34,620 $2,770 $42,777 ($8,157) , ($653) $41,462 .
$16,565 $3,422 $30,170 $2,414 $42,777 ($12,607) ($1,009) $38,262
$16,565 . $3,422 $33,680 $2,694 $42,777 ($9,097) ($728) $40,786
$16,565 $3,422 $23,790 $1,903 $42,777 ($18,987) . ($1,519) $33!674
$16,565 .. $3,422 $36;080 $2,886 $42;777 ($6,697) ($536) $42,512
$16,565 $3,422 $26,350 $2,108 $42,777' ($16,427) ($1,314) $35,515
$16,565 $3,422 $23,480 $1,878 $42,777 ($19,297) ($1,544) $33,451
$29,484. $6,091 $67,790 $5,423 $76,139 ($8,349) . ($668) $78,2~6
$29,484 $6,091 $58,460 $4,677 $76;139 ($17,679) ($1,414) $71,526
$29,484 $6,091 $54;330 '. $4,346 $76,139 ($21,809) . ($1,745) $68,556
$29,484 $6,091 $38;850 $3,108 $16)39 . ($37,289) ($2,983) $57,423

Delta (%) ·I'-_· ..;",;,...;... ~-


59.4% ($6,542) ($3,271) $20,393 $8,282 9,692 9,207 43-3031 Bookkeeping, Accounting & Auditil
51.1% ($23,947) ($5,987) $15,073 $7,371 1,074 1,020 13-0000 Business arid Financial Operations
59.4% . ($6,542) ($3,271) $20,393 $8,282 9,692 9,207 43-3031 Bookkeeping, Accounting & Auditil
60.0% ($5,866) ($2,933) $20,731 $8,282 9,692 9,207 27-1025 Interior Designers
56.7% ($9,066) ($4,533) $19,131 $8,282 9;692. 9,207
59.4% ($6,542) .. ($3,271) $20,393 $8,282 . 9,692 9,207
50.8% ($13,654) . ($6,827) $16,837 $8,282 4,038 3,836 31-9099 Healthcare Support Workers, Othe
61.0% ($4,816) ($2,408) $21,256 $8,282 4,200 3,990 23-2011 Paralegals and legal Assistants
53.4% ($11,813) . ($5,,907) $17,757 .. $8,282 4,523 4,297 .. 43-3031 Bookkeeping, Accounting & Auditil
50.5% ($13,877) ($6,939) $16,725 $8,282 4,200 3,990 33-0000 ProtectiVE! Service Occupations
62.3% ($6,004) ($1,501) . $19;559 $7,371 ..3,836 3,645 15-1031 Software Engineers, Applications
58.8%. ($12,714) ($3,179) $17,881 $7,371 .3!836 3,645
57.0%
. 48.7%
($15,684)
($26,817)
. ($3,921)
.($6,704)
$17,139
$14,356 ..
$7,371
$7,371
3,836
·1,995
3,
1,895
1
645 15-1081 Systems/Data Communications An .
33-3051 Police & SheriffPatrol Officers

80)66 76,766
(298,119)
(345,127r
::l
aQ

Q
...co
t:r
ITT Educational SerVices (ESI)
(numbers in thousands, unless otherwise noted)

Associate's - Software Development (Tech) 2 $47,328 $23,664 65.0% $30,763


Bachelors - Business Administration (Business) 4 $84,240 $21,060 65.0% $54,756
Associate's - Engineering Technology (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Drafting & Design (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Network Systems (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Health Information Tech. (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Nursing Associate Program (Health) 2 $47,328 $23,664 65.0% $30,763
Associate's - Paralegal (Criminal Justice!Law) 2 $47,328 $23,664 65.0% $30,763
Associate's - Business Accounting (Business) 2 $47,328 $23,664 65.0% $30,763
Associate's - Criminal Justice (Criminal Justice) 2 $47,328 $23,664 65.0% $30,763
Bachelor's - Software Engineering Tech (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's -Information Systems Security (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's - Data. Communications Systenls (Tech)
. .
4 $84,240 $21,060 65.0% $54,756
Bachelor's - Criminal Justice (Criminal Justice) 4 $84,240 $21,060 65.0% $54,756

Current Adjusted· Delta ($)


$16,565 $2,974 $33,680 $2,694 $37,174 ($3,494) ($280) $44,437
$29,484 $5,293 $42,840 $3,427 $66,167 ($23,327) ($1,866) $64,936
$16,565 $2,974 $33,680 $2,694 $37,174 ($3,494) ($280) $44,437
$16,565 $2,974 $34,620 $2,770 $37,174 ($2,554) ($204) $45,214
$16,565 $2,974 $30,170 $2,414 $37,174 ($7,004) ($560) $41,532
$16,565 $2,974 $33,680 $2,694 $37,174 ($3,494) ($280) $44,437
$16,565 $2,974 $23,790 $1,903 $37,174 ($13,384) . ($1,071) $36,252
$16,565 $2,974 $36,080 $2,886 . $37,174 ($1,094) ($88) $46,423
$16,565 $2,974 $26,350 $2,108 $37,174 ($10,824) ($866) $38,371
$16,565 $2,974 $23,480 $1,878 $37,174 ($13,694) ($1,096) $35,996
$29,484 $5,293 $67,790 $5,423 $66,167 $1,623 $130 $85,583
$29,484 $5,293 $58,460 $4,677 $66;167 ($7,707) ($617) $77,862
$29,484 $5,293 $54,330 $4,346 $66,167 ($11,837) ($947) $74,445
$29,484 $5,293 $38,850 $3,108 $6g,167 ($27,317) ($2,185) $61,634

Delta (%) IL..- ~---


62.7% ($2,891) ($1,446) $22,218 $8,282 9,692 9,207 43-3031 Bookkeeping, Accounting & Auditil
54.6% ($19,304) ($4,826) $16,234 $7,371 1,074 1,020 13-0000 Business and Financial Operations
62.7% ($2,891) ($1,446) $22,218 $8,282 9,692 9,207 43-3031 Bookkeepin~, Accounting & Auditil .
63.4% ($2,114) ($1,057) $22,607. $8,282 9,692 9,207 27-1025 Interior Designers
60.1% ($5,796) ($2,898) $20,766 $8,282 9,692 9,207
62.7% ($2,891) ($1,446) $22,218 $8,282 9,692 9,207
54.3% ($11,076) ($5/538) $18,126 $8,282 4,038 3,836 31-9099 Healthcare Support Workers, OthE
64.3% ($905) ($453) $23,211 $8,282 4,200 3,990 23-2011 Paralegals and legal Assistants
56.8% ($8,957) ($4,479) $19,185 $8,282 4,523 4,297 43-3031 Bookkeeping, Accounting & Auditi)
54.0"10. ($11,332) ($5,666) $17,998· $8,282 .. 4,200 3,990·· 33-0000 Protective Service Occupations
65.5% $1,343 $336 $21,396 $7,371 3,836 3,645 15-1031 Software Engineers, Applications
62.1% ($6,378) ($1,594) $19,466 $7,371. 3,836· 3,645
60.4%
52.2%
($9,795)
($22,606)
($2,449)
($5,651)
$18,611
$15,409
$7,371
$7,371
3,836
····1.,995
3, 645
1,895.
1 15-1081 Systems/Data Communications An
33-3051 Police & Sheriff Patrol Officers

80,766 76,766
...,
m Educational Services (ESI)
(numbers in thousands, unless otherwise noted)

Associate's - Software Development (Tech) 2 $47,328 $23,664 65.0% $30;763


Bachelors - Business Administration (Business) 4 $84,240 $21,060 65.0% $54,756
Associate's - Engineering Technology (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Drafting & Design (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Network Systems (TeCh) 2 $47,328 $23,664 65.0% $30,763
Associate's - Health Information Tech. (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Nursing Associate Program (Health) 2 $47,328 $23,664 65.0% $3{),763
Associate's - Paralegal (criminal Justice/Law) 2 $47,328 $23,664 65.0% $30,763
Associate's - Business Accounting (Business) 2 $47,328 $23,664 65.0% .$30,763
Associate's - Criminal Justice (Criminal Justice) 2 $47,3~8 $23,664 65.0% $30,763
Bachelor's - Software Engineering Tech (Tech) 4 $84,240·· $21,060 65.0% $54,756
. Bachelor's -Information SystemsS~curity(Tech) 4 $84,24,0 $21,060 65.0% $54,756
Bac~~Ior's - Data Communications Systems (Tech) 4 $84;240 . .$21,060 65.0% $54,756
Bachelor's - Criminal Justice (Criminal Justice) '4 $84,240 $21,060 65.0% $54,756

Current Adlusted Delta ($)


$16,565 $4,382 $33,680 $3,368 $43,820 .($10,140) ($1,014) $40,209
$29,484 $7,800 . $42,840 $4 r284 $77,996 ($35,156) ($3,516) $59,559
$16,565 $4,382 $33,680 $3,368 $43,820 ($10,140) ($1,014) $40,209
$16,565 $4,382 $34,620 $3,462 $43,820 ($9,200) ($920) $40,869
$16,565 $4,382 $30,170 $3,017 $43,820 ($13,650) ($1,365) $37,745
$16,565 $4,382 $33,680 $3,368 $43;820 ($10,140) ($1,014) $40,209
$16,565 $4,382 $23,790 $2,379 $43,820 ($20,030) ($2,003) $33,266
$16,565 $4,382 $36,080 $3,608 . $43,820 ($7,740) ($774) $41,894
$16,565 $4,382 $26,350 $2,635 $43,820 ($17,470) ($1,747) $35,064
$16,565 $4,382 $23,480 $2,348 $43,820 ($20,340) ($2,034) $33,049
$29,484 $7,800 $67,790 $6,779 $77,996 ($lO,206) ($1,021) $77,075
$29,484 $7,800 $58,460 $5,846 $77,996 ($19,536) ($1;954) $70,525
$29,484 $7,800 $54,330 $5,433 $77,996 ($23,666) . ($2,367) $67,626
. $29,484 $7,800 . $38,850 $3,885 $77,996 ($39,146) ($3,915) $56,758

Delta (%) IL... ~--------


58.8% ($7,119) ($3,559) $20,105 $8,282 9,692 9,207 43-3031 Bookkeeping, Accounting & Auditil
50.5% ($24,681) ($6,170) $14,890 $7,371 1,074 1,020 13-0000 Business and Financial Operations
58.8% ($7,119) {$3,559} $20,105 $8,282 9,692 9,207 43-3031 Bookkeeping, Accounting & Auditil
59.5% ($6,459) {$3,229} $20,435 $8,282 9,692 9,207 27-1025 Interior Designers
56.1% ($9,583) ($4,791) $18,873 $8,282 9,692· 9,207
58~8% {$7,119} ($3,559) $20,105 $8,282 9,692 9,207
50.2% {$14,062} ($7,031) $16,633 $8,282 4,038 .3,836 31-9099 Healthcare Support Workers, Othe
60.5% {$5,434}. ($2,717) $20,~47 $8,282 4,200. 3,990 23-2011 Paralegals and Legal Assistants.
52.8% ($12,264) ($6,132) $17,532 $8,282· 4,523 4,297 43-3031 Bookkeeping, Accounting & Auditil
49.9% ($14,279) {$7,140} $16,524 $8,282 4,200 3,990 33-0000 Protective Service Occupations
61.7% ($7,165) . {$1,791} $19,269 $7,371 3,836 3,645 15-1031 Software Engineers, Applications
58.2% ($13,715) . {$3,429} $17;631. $7,371 3,836 3,645
·56.4%
. '··48.1%
($16,614) .
{$27,482}
($4,154)
($6,870)
$16,906 $7,371·
$7,371 .
3,836
1,995
3, 645
1,895
1 15-1081 Systems/Data Communications An
33-3051 Police & Sheriff Patrol Officers
$14,190

80,766 7&,766
ITT Educational Services (ESI)
(numbers in thousands, unless otherwise noted)

Associate's - Software Development (Tech) 2 $47,328 $23,664 65.0% $30,763


Bachelors - Business Administration (Business) 4 $84,240 $21,060 65.0% $54,756
Associate's - Engineering Technology (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Computer Drafting & Design (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's -Computer Network Systems (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Health Information Tech. (Tech) 2 $47,328 $23,664 65.0% $30,763
Associate's - Nursing Associate Program (Health) 2 $47,328 $23,664 65.0% $30,763
Associate's - Paralegal (Criminal Justice/law) 2 $47,328 . $23,664 65.0% $30,763
Associate's - Business Accounting (Business) 2 $47,328 $23,664 65.0% $30,763
Associate's - Criminal Justice (Criminal Justice) 2 $47,328 $23,664 65.0% $30,763
Bachelor's - Software Engineering Tech (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's - Information Systems Security (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's - Data Communications Systems (Tech) 4 $84,240 $21,060 65.0% $54,756
Bachelor's c Criminal Justice (Criminal Justice) 4 $84,240 $21,060 65.0% $54,756

Current Adjusted Delta ($)


$16,565 $3,422 $33,680 $3,368 $34,221 ($541) ($54) $46,841
$29,484 $6,091 $42,840 $4,284 $60,911 ($18,071) ($1,807) $67,995.
$16,565 $3,422 $33,680 $3,368 $34,221 ($541) ($54) $46,841
$16,565 $3,422 $34,620 $3,462 $34,221 $399 $40 $47,686
$16,565 $3,422 $30,170 $3,017 $34,221 ($4,051) ($405) $43,686
$16,565 $3,422 $33,680 $3,368 $34,221 ($541) ($54) $46,841
$16,565 $3,422 $23,790 $2,379 $34,221 ($10,431) ($1,043) $37,951
$16,565 $3,422 $36,080 $3,608 $34,221 $1,859 $186 $48,999
$16,565 $3,422 $26,350 $2,635 $34,221 ($7,871) ($787) $40,252
$16,565 $3,422 $23,480 $2,348 $34,221 ($10,741) ($1,074) $37,672
$29,484 $6,091 $67,790 $6,779 $60,911 $6,879 $688 $90,423
$29,484 $6,091 $58,460 $5,846 $60,911 ($2,451) ($245) $82;036
$29,484 $6,091 $54,330 $5,433 $60,911 ($6,581) ($658) $78,324
$29,484 $6,091 $38.850 $3,885 $60,Qll ($22,061) ($2,206) $64,408

Delta (%)
;"

64.6% ($487) ($243) $23,421 $8,282 9,692 9,207 43~3031 Bookkeeping, Accounting & Auditil
56.6% ($16,245) ($4,061) $16,999 $7,371 1,074· 1.020 13-0000 Business and FinahclalOperations
64.6% ($487) ($243) $23,421 $8,282 9.692 9.207 43-3031 Bookkeeping. Accounting & Auditil
65.3% $358 $179 $23,843 $8,282 9.692 9.207 27~1025 Interior Designers
62.1% ($3,642) ($1.821) $21,843 $8,282 9.692 9,207
64.6% ($487) ($243) $23,421 $8,282 9.692 9,207
56.4% ($9.377) ($4.689) $18.975 $8,282 4.038 3,836 .. 31-9099
'
Healthcare Support: Workers. Othe
' '

66.2% . $1.671 $835 $24.499 $8,282 . 4,200 3,990 23-2011 Paralegals and Legal Assistants
58.8% ($7.076) ($3,538) $20.126 $8.282 4,523 4,297 43-3031 Bookkeeping, Accounting & Auditil
56.0% ($9.656) ($4,828) $18.836 $8.282 4,200 3,990 33-0000 Protective Service Occupations
67.4% $6.183 $1,546 $22,606 $7,371 3,836 3,645 15-1031 Software Engineers, Applications
64.1% ··($2.204) ($551) $20,509 $7,371 3,836 3,645
62.4% .($5,916) ($1,479) $7,371 3,836.. 645 15-1081 Systems/DataCor:nmunications An
$19,581 3, 1
54.2% ($19.832) ($4,958) $16,102 $7,371 1;995 1,895 33-3051 Police & Sheriff Patrol Officers
.: .. :.'.
80.7{;6· 76,766
~~~I •
Corinthian Colleges (COCO)

Asso;ciates - Everest Online Accounting 2 $38,784 $19,392


Associates - Everest Online Business 2 $38,784 $19,392
Bachelor's - Everest Online Accounting 4 $77,568 $19,392
Bachelor's- Everest Online Business. 4 $77,568 $19,392
Diploma - Pharmacy Technician 1.5 $12,093 $8,062
Diploma - Nutrition 1.5 $12,093 $8,062
Diploma - Dental Assistant 1.5 $12,093 $8,062
Diploma-Medical Assistant 1.5 $12,093 $8,062
Diploma~· Massage Therapy 1.5 $12,093 $8,062
Diploma~. Med icalAd minstrative Assistant 1.5 $12,093 $8,062
Diploma - Criminal Justice 1.5 $12,093 $8,062
Diploma . ~Business Operations 1.5 $12,093 $8,062
Diploma-Wyotech Auto TrainingPr'ogram 1.5 $25;016 $16,677
Diploma- Residential HVAC Training Program . 1.5 $25,016 $16,677
Associates. - Computer Information Science 2 $38,784 $19,392
Bachelor's - Nursing 4 $77,568 $19,392
Associates - Paralegal 2 $38,7~4 $19,392
Associates~ Medical Assisting 2 $38,784 $19,392
Associates -Medican Insurance Billing & Coding 2 $38,784 $19,392

Current
Average cost of education per year $14,336
2-yr degree total cost $28,671
4-yr degree total cost $57,343
Assumed Est. Est. Est. Assumed DOE Acceptable Required Salary
% Current Non- Per Yr Debt Salary Debt/income debt load starting Difference
Financed Debt Financed Service per BLS ratio per BLS salary
79.0% $30,639 $8,145 $4,364 $26,350 8% $2,108 $54,554 ($28,204)
79.0% $30,639 $8,145 $4,364 $26,350 8% $2,108 $54,554 ($28,204)
79.0% $61,279 $16,289 $8,729 $45,900 8% $3,672 $109,108 ($63,208)
79.0% $61,279 $16,289 $8,729 $45,900 8% $3,672 $109,108 ($63,208)
79.0% $9,553 $2,540 $1,361 $17,620 8% $1,410 $17,010 $610
79.0% $9,553 $2,540 $1,361 $20,110 8% $1,609 $17,010 $3,100
79.0% $9,553. $2,540 $1,361 $26,980 8% $2,158 $17,010 $9,970
79.0% $9,553 $2,540 $1,361 $20,110 8% $1,609 $17,010 . $3,100
79:0% $9,553 $2,540 $1,361 $23,630 8% $1,890 $17,010 $6,620
79.0% $9,553 $2,540 $1,361 $20,110 8% $1,609 $17,010 $3,100
79.0% $9,553 $2,540 $1,361 $19,150 8% $1,532 $17,010 $2,140
79.0% $9,553. $2,540 $1,361 $19,620 '. 8% $1,570 $17,010 $2,610
79.0% $19,763 $5,253 $2,815 $25,880 8% $2;070 $35,188 ($9,308) .
79.0% $19,763 $5,253 $2,815 $25,910 8% $2,073 $35,188 ($9,278)
79.0% $30,639 $8,145 $4,364 $27,830 8% $2.,226 $54,554 ($26,724)
."
79.0% $61,279 $16,289 $8,729 $51,640 8% $4,131 $109,108 ($57,468)
79.0% ·$30,639 .. $8,145 $4,364 $36,080 8% $2,886 $54,554 ($18,474)
79.0% $30,639 $8,145 $4,364 $23,700 8% $1,896 $54,554 ($30,854)
79.0% $30,639 $8,145 . $4;364 $27,410 8% $2,193 $54,554 ($27,144)

Adjusted
$10,867
Delta ($)
($3,468)
Delta (%)
-24%
I
$21,735 ($6,937) -24% Avg salary
$43,470 ($13,873) -24% $27,909
($2,256) $22,944 64.5% ($15,840) ($7,920) $11,472 $4~072 1,735 1,648
($2,256) $22,944 64.5% ($15,840) ($7,920) $11,472 $4,072 1,334 1,268
($S,057) $42,068 61.3% ($35,SOO) ($8,875) $10,517 $4,072 224 213
($5,057) $42;068 61.3% ($35,500) ($8,875) $10,517 $4,072 172 164
$49 $12,435· 79.6% $342 $228 $8;290 $1,693 .5,502 5,227
$248 $13,834 81.6% $1,741 $1,161 $9,223 $1,693 5,502 5,227
$798 $17,692 85.6% ·$5,599 $3,733 $11,795 $1,693 5,502 5,227
$248 $13,834 81.6% . $1,741 $1,161 $9,223 $1,693 5,502 5,227
.. $530 $15,811 83.9% $3,718 $2,479 $10,541 $1,693 5,502 5,227
$248 $13,834 81.6% $1,741 $1,161 $9,223 $1,693 5,502 5,227
$171 $13,295 80.9% ..$1,202 $801 $8,863 $1,693 8,540 8,113
·$209 $13,559 81.3% .... $IA66 $977 $9,039 }1,693 . 6,947 ... 6,599
($745) $19,788 73.5% .·($5,228) . ($3,485) $13,192 ·$3,502 2,7!)5 ' 2,617•
($742) $19,~O5 73.5% . ($5,211) . ($3,474) $13,203 $3,502 2,755 2,617
($2,138) $23,775 65.7% ($15,O09) ($7,505) $11,887 $4,072 2,669 ' 2,535
($4,597) $45,292 64.0% ($32,276) ($8,069) $11,323 $4,072 2,032 1,930
($1,478) $28,408 71.3% '($10,376) ($5,188) $14,204 ' $4,072 4,270 4,056
($2,468) $21,455 62.0% ($17,329) , ($8,664) $10,728 $4,072 7,873 7,479
($2,172) $23,539 65.4% ($15,245) ($7,623) $11,769 $4,072 7,873 7,479
82,192 78.082
43~3031 Bookkeeping, Accounting & Auditing Clerks
43-3031 Bookkeeping, Accounting & Auditing Clerks
13-2011 Accountants and Auditors
13-2011 Accountants and Auditors
31-9095 Pharmacy .Aides
·31-0000 Healthcare Support Specialists
31-9091 Dental Assistants
31-0000 Healthcare Support Specialists
31-9011 Massage Therapists
31-0000 Healthcare Support Specialists
33-9032 Security Guard
43-9061 Office Clerks, General
49-3023 Automoti"e Service and Mechanics
49-9021 Heating, AC.& Refrigeration Mechanics
43-9011 Computer Operators
29-1111 Registered Nurses
23-2011 Paralegals and Legal Assistants
31-9092 Medical Assistants
43-9041 Insurance Claims & Policy Processing Clerks
Diploma 55;096
Associates 26,687 Diploma
Bachelor's 3,444 Associates
Master's 861 Bachelors
Master's
D.octoral
Total °
86,088

Health Care 50,792


Criminal Justice .13,774
Business 11,191
JTechnology 8,609
IOther .1,722
TOMI 86,088.

Health Care 33,015 15,745 . 50,792


Criminal Justice 8,540 4,270 413 .... 13,774
Business 6,947 3,469 327 . ·11,191
Tech.jEng!Auto 5,510 2,669 86 8,609
Other 1,085 534 34 1,722
Total 55,096 26,687 861 86,087
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U& % ~~~
ns Program Program Years Cost Costjyr Financed Debt
Associates - Everest Online Accounting 2 $38,784 $19,392 77.0% $29,864
Associates - Everest Online Business 2 $38,784 $19,392 77.0% $29,864
Bachelor's - Everest Online Accounting 4 $77,568 $19,392 77.0% $59,727
Bachelor's - Everest Online 'Business 4 $77,568 $19,392 77.0% $59,727 '
Diploma - Pharmacy Technician 1.5 $12,093 $8,062 77.0% $9,312
Diploma ~' Nutrition 1.5 $12,093 $8,062 77.0% $9,312 '
Diploma c Dental Assistant 1.5 $12,093 $8,062 77.0% $9;312
Diploma - Medical Assistant 1.5 $12,093 $8.062 77.0% $9,312
Diploma - Massage Therapy 1.5 , $12,093 $8,062 77.0% $9,312
Diploma - Medical Adminstrative Assistant 1.5 $12,093 $8,062 77.0% ' $9,312., '
Diploma - Criminal Justice 1.5 $lZ,O!B $8,062 77.0% $9312..
}'. ' '

Diploma-Business Operations 1.5 $i2,093 $8,062 77.0% $9,312 , '


Diploma - w'yotech Auto Training Program 1.5 '$25,016' ' $16,677 77.0% $19;262
Diploma - R~sidej,tial HVAC Training,P~ogram 1.5 ' '$25,016
, ,
$16,677 77.0% $19,'262 '
Associates - Computer Information Scienc;:e 2 $38,784' $19,392 77.0% $29,864
Bachelor's - Nursing 4 $77;568 $19,392 77.0% $59,727
Associates- Paralegal 2 $38,784 $19,392 ,77.0% $29,864
Associates" Medical Assisting 2 $38,784 $19,392 77.0% $29,864
Associates - Medican Insurance Billirig & Coding 2 $38,784 $19,392 77.0% $29,864
$8,920 $4,124 $26,350 10% $2,635 $41,241 .($14,891) ($1,489) $28,001
$8,920 $4,124 $26,350 10% $2,635 . $41,241 ($14,891) . ($1,489) $28,001
$17,841 $8,248 $45,900 10% $4,590 $82,481 ($36,581) ($3,658) $51,078
$17,841 $8,248 $45,900 10% $4,590 $82,481 ($36,581) ($3,658) $51,078
$2,7.81 $1,286 $F,620 10%· $1,762 $12,859 $4,761 $476 $12,093
$2,781· $1,286 . $20,110 10"4 .. $2,011 . $12,859 $7,251 •. $725 $12,093
$2,781 $1,286 . $26,980 10% . $2,698 ,$12,859 $14,121 ' $1,412 $12,093
$2,781 $1,286 >$20,110 10% $2,011 .·$12,859 $7,25i, $725 $12,093
$2,781 $1,286 $23,630 10% $2,363 " $12,859 $10,771 $1,077 $12,093
$2;781 $1,286 ' -$20,110 10% $2,011 $12~859 $7,251 $725 $12,093
$2,781 $1,286 ., ,$19,150 10% $1,915 '$12A~59 $6,291 _$629 $12,093
$2,781 $1,286 • $19,620 10% $1,962 $12,859 $6,761 $676 . ·$12;093
$5,754 $2,660 $25,880 10%' $2,588 ,$26;601 ($721) " ($72) $24,494·
$5,754 $2,660 $25,910 10% $2,591 $26,601 (S691) ($69) ,$24;516·
$8,920, $4,124 $27,830 10% $2,783 $41,241 ($13,411) ($1,341) $29,073
$17,841 $8,248 $51,640 ··10% $5,164 ,$82,481 ($30,841) . ($3,084) $55,235· .
$8,920 $4,124 ·.$36,080 10% $3,608 ' '$41,241 ($5,161) . " ($516) $35,047
$8;920 $4,124 ' ", $23,700 10% .. $2,370 $41,241 ($17,541) ($1,754) $26,082
$8,920 $4,124 ' $27,410 ,10% $2,741 $41,241 ($13,831) ., ($1,383) $28;769
68.1% ($10,783) ($5,391) $4;460 1,735 - 1,648 43-3031 Bookkeeping, Accounting & Auditil
68.1% ($10,783) ($5,391) $4;460 1,334 1,268 43-3031 Bookkeeping, Accounting & Auditil
65.1% ($26;490) ($6,622) $4;460 224 213 13-2011 Accountants and Auditors
65.1% ($26,490) - ($6,622) $4,460 172 164 13-2011 Accountants and Auditors
77.0% $0 $0 $1,854 5,502 5,227 31-9095 Pharmacy Aides
77.0% $0 $0 $1,854 5,502 5,227 31-0000 Healthcare Support SpE!Clalists
77.0% $0 $0 $1,854 5,502 5,227 31-~091 Dental Assistants
77.0% $0 $0 $1,854 5,502 5,227 31-0000 Hearthcare Support Specialists
77.0% $0 $0 $1,854 5,502 - 5,227 31~9011 Massage Therapists
77.0% $0 $0 $1;854 ,5,502 5,227 31-0000 Healthcare SupportSp~cialists
• _77.0% $0 $0 $1,854 - 8,540 8,113 33-9032 Security Guard
77.0% $0 $0 $1,854 ,6,947 6;599 43-9061 Office Clerks, General-- .-_
_7 6.5% ($522) _ ($348) $3~83_6 ; 2,755 -2,617 49~3023 AutorilotiveService and Mechanic:
76.5% ($500) - ($333) - $3,836 2,755 .:2,617 49-9021 Heating, A.C. & Refrig-eration Meet
693% ($9,711) ($4,856) $4,460 2,669 2;535 43-9011 Computer Operators
- 67~7% ($22,333) ($5,583) $4,4~0 2,032 1,930 29~1111 Registered Nurses
-74.5% ($3,737) ($1,869) $4,460 .4,270 4,056 23-2011 Paralegals and Legal Assistants -
65.8% ($12,702)- ($6,351) $4;460 7,873 7,479 31-9092 Medical Assistants
69,0% ($10,015) ($5,008) $4,460 _7,873 7,479 43-904Unsurance Claims &Pollcy Processi
82,192 78,082
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Corinthian Colleges (COCOI

Associates - Everest Online Accounting 2 $38,784 $19,392 79.0% $30,639 $8,145 $3,408 $26,350
AssocIates - Everest Online Business 2 $38,784 $19,392 79.0% $30,639 $8,145 $3,408 $26,350
Bachelor's - Everest Online Accounting 4 $77,568 $19,392 79.0% $61,279 $16,289 $6,817 $45,900
Bachelor's, Everest Online Bu.siness 4 $77,568 $19,392 79.0% $61,279 $16,289 $6,817 $45,900
Diploma - Pharm~Technician 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,063 $17,620
Diploma - Nutrition 1.5 $12,093' $8,062 79.0% $9,553 $2,540 $1,063 $20,110
Diploma - Dental Assislant 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,063 $26,980
Diploma - Medical Assistant 1.5 $12,093 $8,062· 79.0% $9,553. $2,540 . $1,063 $20,11li
Diploma - Massage Therapy 1.5 $1-2,093 $8,062 79.0% $9,553 $2,540 $1~063 $23,630
D1p1O(l1a - Medical Admillstrative Assistant, 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,063 $20,110
Diploma, Criminal Ju.stice 1.5 $12;093 $8,062 79.~ $9,553 $2,540 $1;063 $19,150
'Diploma - Business Operations 1.5 $12,093 $8,062 79.0% $9,553 $2,540 ' $1,063 $19,620
Diploma - Wvolech Auto Training Program 1.5 ' S25,016 $16,677 79.~ $19,763 $5,253 $2,198 $25,880
Diploma. Residential HVAC Training Program 1.5 $25,016 $16,677 79.0% $19,763 $5,253 $2,198 $25,910
ASsociates,- Computer Information Science ' 2 $38;784 $19,392 79.0% $30,639 $8,1~5 $3,408 $27,830
gachelor's - Nursing 4 $77,568 $19,392 79.0%" $61,279 $16,289 $6,817 $51,640'
AssoCiates '. Paralegal 2 $38,7M $19,392 79.0% $30,639 $8,145 $3,408 $36,Osa
Associales - Medical Assisting 2 '$38,784 $19,392 79.0% $30,639 $8,145 . , $3,408 $23,700
Assoclales, • Melllean Insurance Billing & CodinS 2 $38,784 , $19,392 79.0",{.' $30,639 $S,145 ' $3,408 $27,410

Current Adjusted Do!lta 1$1 ~


Average cost of education per year $14,336 $13,071 ($1,265) -9%
2'vr degree total cost $28,671 $26,14Z ($Z,529) -9"
4-yr,degree total coSt $57,3U $5Z,zB4 ($5,058) -9%
DOE Acceptable Required Salary Debt Assumed Assumed Difference, Difference New Est. Total 5% Cut Soc
Debt/income debt load starting Difference difference New New In Tu~tion In Tuition Tuition Non.. Financ:ed Students In Students Codes
ratio per 6~5 salary Tuition Debt level per yer Per Year Enrolled Enrolled
8% $2,108 $42,605 ($16,255) ($1,300) $27,094 69.9% ($11,690) ($5,845) $13,547 $4,072 1,735 1,648 43-3031
8% $2,108 $42,605 ($16,255) ($1,300) $27,094 69.9% ($11,690) ($5,845) $13,547 $4,072 1,334 1,268 43-3031
8% $3,672 $85,209 ($39,309) ($3,145) $49,299 67.1>% [$28,269) ($7,067) $12,325 $4,072 224 213 13-2011
8% $3,672 $85,209 ($39,309) ($3,1451 $49,299 67.0% ($28,269) ($7,067) $12,325 $4,072 172 164 13-2011
8% $1,410 $13,284 $4,336 $347 $15,211 83.3% $3,118 $2,079 $10,141 $1,693 5,502 5,227 31-9095
8% $1,609 $13,284 $6,826 $546 $17,002 85.1% $4,909 $3,273 $11,335 $1,693 5,502 5,227 31-0000
8% $2,158 $13,284 $13,696 $1,096 $21,942 88.4% $9,849 $6,566 $14,628 $1;693 5,502 5,227 31-9091
8% $1,609 $13,284 $6,826 $546 $17,002 85.1% $4,909 $3,273 $11,335 $1,693 5,502 5,227 31-0000
8% $1,890 $13,284 $10,346 $828 $19,533 87.0% $7,440 $4,960 $13,022 $1,693 5,502 5,227 31·9011
8% $1,609 $13,284 $6,826 $546 $17,002 85.1% $4,909 $3,273 $11,335 $1,693 5,502 5,227 31-0000
8% $1,532 $13,284 $5,866 $469 $16,311 84.~% $4,i18 $2,812 $10,874 $1,693 8,540 8,113 33·9032
8% $1,570 $13,2.84 $6,336 $507 $16,649 84.7% $4,556 $3,038 $11,100 $1,693 6,947 6,599 43-9061
8% $2,070 $27,480 ($1,600) ($128J $23,865 78.0% , ($1,1511 ($767) $15,9iO $3,502 2,755 2,617 49-3023
8% $2,073 $27,480 ($1,570) ($126J $23,887 78.0% ($1,1291 ($753) $15,924 $3,502 2,755 2,617 49-9021
8% $2,226 $42,605 ($14,775) ($l,182J $28,159 71.i% ($10,625) ($5,313) $14,079 $4,072 2,669 2,535 43-9011
8% $4,131 $85,209 ($33,569) ($2,686J $53,427 69.5% ($24,1411 ($6,0351 $13,357 $4,072 2,032 1,930 29-1111
8% $2,886 $42,605 ($6,525) ($522J $34,092 76.1% ($4,692) ($2,3461 $17,046 $4,072 4,270 4,05,6 23-2011
8% $1,896 $42,605 ($18,905) ($1,512J $25,189 67.7% ($13,595) ($6,7981 $12,,594 $4,072 7;873 7,479 31-9092
8% $2,193 $42,605 ($15,195) ($1,216J $27,857 70.8% ($10,927) ($5,4641 $13,928 $4,072 7;873 7,479 43-9041
82.192 78,082
Bookkeeping, Accounting & Auditing Clerks
Bookkeeping, Accounting & Auditing Clerks
Accountants and Auditors
Accountants and Auditors
Pharmacy Aides
Healthcare Support Specialists
Dental Assistants
Healthcare Support Specialists
Massage Therapists
Healthcare Support Specialists
Security Guard
Office Clerks, General
Automotive Service and Mechanics
Heating, A.C. & Refrigeration Mechanics
Computer Operators
Registered Nurses
Paralegals and legal Assistants
Medical Assistants 413
Insurance Claims & Policy Processing Clerks 327
86
'.34
861
'. i
! .

Corinthian Colic
'>w % of Debt Financed 'Was Derived B;)Scd on 86% Average (per lOoK) minus 10% of credits completed (as.sumed prior CH~dit pLiid in (as Tuition Costs &
Minus assumed Avg. AP()I AVE. APOL Effective % of Debt Burdens
lJt"grcc Avg. Per/hr Cost llr~; Rl·qulrpn Avg. Tuitiol\ 10% u~dit fHS Tuition TuH. 86% finam:t d~LJt tinilnf('c1
• 1'.1: • • • • • :1.

120 $0 12 $0 $0 .#DlV/OI
. $476 48 $22,848 4.8 ,$20,563 $17,684 77%

50,792
13,774
11,191
8,609
1,722
86,087

;
es Assumed Est, Est, Est, Assumed DOE Aetepl.blc Required
% Current Non- Per Yr Debt Sa'orv Debt/income debt load starting
Program Program Years Cost Cost/vr rinaneed Debt Fin. need Service per BLS ratio per BlS sa larV
Associates· Everest Online Accounting 2 $38,784 $19,392 77.0% $29,864 $8,920 $4,124 $26,350 10% $2,635 $41,241
Associates - Everest Online Business 2 $38,784 $19,392 77.0% $29,864 $8,920 $4,124 $26,350 10% $2,635 $41,241
Bachelor's - Everest Online Accounting 4 $77,568 $19,392 77.0% $59,727 $17,841 $8,248 $45,900 10% $4,590 $82,481
Bachelor's· Everest Online Business 4 $77,568 $19,392 noy. $59,727 $17,841 $8,248 $45,900 10% $4,590 $82,481
, DIploma· Pharmacy Technici.n 1.5 $12,093 $8,062 no% $9,312 , $2,781 $1,286 $17,620 10% $1,762 $12,859
Diploma· Nutrition . 1,5 $12,093 $8,062 77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859
Diploma - Dental Assistant 1.5 $12,093 $8,062 nO% $9,312 $2,781 $1,286 $26,980 10% $2,698 $12,859
Diploma - Medical Assistant 1.5 $12,093 $8,062 77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859
Diploma - Massage Therapy 1.5 $12,093 $8,062 no% $9,312 $2,781 $1,286 $23,630 10% '$2,363 $12,859
Diploma - Medical Adminstrative Assistant 1,5 $12,093 $8,0.62 77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859
D,iploma - Criminal Justice 1.5 $12,093 $8,062 77.0% $9,312 $2,781 $1,286 $19,150 10% $1,915 $12,859
Diploma - Business Operations 1.5 $12,093 $8,062 nO% $9,312 $2,781 $1,286 $19,620 10% $1,962 $12,859
Diploma· Wyotech Auto Training Program 1.5 $25,016 $16,677 nO% $19,262. ' $5,754 $2,660 $25,880 10% $2;588 $26,601
Diploma: Residential HVAC Training Program 1.5 $25,016 $16,677 77.0'10 $19,262. $5,754 $2,660 $25,910 10% $2,5!1l $26,601
Associates - Computer Information SCience . 2 $38,784 $19;392 77.0% $29,864 $8,920 $4,124 $27,830 10% $2,783 $41,241
Bachelor's - Nursing 4 $77,568 $19;392 77.0% $59,727- $17,841 $8,248 $51,640 10% $5,164 $82,481
Associates· Paralegal .2 $38,784 $19,392 77.0% $29,864 $8,920 $4,124 $'36,060 10% $3,608. $41,241
Associates - Medical Assisting 2 $38,184 $19;392 77.0% $29,864. $8,920 $4,124 $23,700 10% $2,370. $41,241
Associates· Medican Insurance·.BiUing & Cocing 2 $38,784 $.19;39~, 77.0% $29,864 . $8,920 $4,124 ,$27,410 10% " $2,741 $41,241

'I, ..
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!
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udents Codes
oiled
($14,891J ($1,489) $28,001 6ll.1% ($10,783) ($5,3911 $4,460 1,735 I 1;648 43-3031 Bookkeeping, Accounting & Auditing Clerks
($14,891J ($1,489) $28,001 68.1% ($10,783) ($5,391) $4,460 1,334 i 1,268 43-3031 Bookkeeping, Accounting & Auditing Clerks
($36,581) ($3,658) $51,Q78 65.1% ($26,490) ($6,6221 $4,460 224 ! 213 13-2011 Accountants and Auditors
($36,581) ($3,658) $51,078 65.1% ($26,490) ($6,622) $4,460 172 i 164 . 13-2011 Accountants and Auditors
$4,761 . $476 $12,093 77.0% $0 $0 $1,854 5,502 I 5,227 31·9095 Pharmacy Aides
$7,251 $725 $12,093 77.0% $0 $0 $1,854 5,502 I 5,227 31·0000 Healthcare Support 5pecialists
$14,12f $1,412 $12,093 77.0% $0 $0 $1,854 5,502 ! 5,227 31-9091 Dental Assistants
$7,251 $725 $12,093 77.0% $0 $0 $1,854 5,502. i 5,227 31-0000 Healthc.re Support Specialists
$10,771 $1,077 $12,093 77.0% $0 $0 $1,854 5,502. l 5,227 31·9011 Mass·age Therapists
$7,251 $725 512,093 77.0% $0 $0 $1,854 5,502 i 5,227 31-0000 Healt.hcare Support Specialists
$6,291 $629 $12,093 77.0% $0 $0 51,854 8,540 I 8,113 33-9032 Security Guard
$6,761 $676 $12.,093 77.0% $0 $0. $1,854 6,947 , 6,599 43-9061 Offi~e Clerks, General
($721) . ($72) $24,494 76.5% ($522) ($3481 $3,836 2,755 2,617 49-3023 Automotive SeNke and Mechanics
($691) ($69J $24,516 76.5% ($500) ($3331 $3,836 2,755 2,617 49-9021 Hea·ting, .A.C. & Refrigeration Mechanics .
($13,411) ($1,3411 $29,073 69.3% ($9,711) ($4,8561 $4,460 2,669. 2,535 43-9011 coh,puter Operators .
($30,841) ($3,084) $55,235 67.7% ($22,333) ($5,5831 $4,460 2,032 1.,930 29-1111 Registered Nurses
($5,161) . ($516) $35,047 74,5% ($3,737) ($1,8691 $4,460 4,270 4,056 23-2011 Paralegals. and legal AssIstants
($17,541) , ($1,754) $26,082 65.8% ($12,702) ($6,351) $4,460 7,873 7,479 31-9092 M~dlc.1 Assistants
($13,831) ($1,383) $28,769 69.0% ($10,015) ($5,008) $4,460 7,873· 7,479 43-9041 I~urance Claims & Policy Processing Clerks.
82.192 ; 78,082
i:
;.
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i
Corinthian Colleges (COCO)

'Associates - Everest Online Accounting 2 $38,784 $19,392


Associates - Everest Online Business 2 $38,784 $19,392
Bachelor's - Everest Online Accounting 4 $77,568 $19,392
Bachelor's - Everest Online Business 4 $77,568 $19,392
Diploma - Pharmacy Technician " 1.5 .$12,093 $8,062
Dipioma - Nlitrition 1.5 $12,093 $8,062
DiplorT)a - Dental Assistant 1.5 $12,093 $8,062
Diploma - Medical Assistant. 1.5 $12,093 $8,062
,?iploma - Massage Therapy 1.5 , $12,093 $8,062
Diploma - Medical Adminstrative Assistant 1.5 $12,093 $8,062
Diploma - Criminal Justice 1.5 $i2;093 $8,062 '
Diploma - Business Operations, 1.5 $12,093 $8,062
Diploma - Wyotech Auto Training Program ' 1.5 $25,016 $16,677"
DiplonJa - Residential HVACTraining Program 1.5 $2S,ci!G $16,677 " '
Msodates - Computer Information Science 2 $38,784 $19,392
, Bachelor's - Nursing 4 '$77,568 ' $19,392,
, Associates - Paralegal 2 $38,784 $19,392
Associ,ates - Medical Assisting " 2 ',$38,784' , $19,392
Associates - Medicanlnsurance Billing & Coding 2 $38,784 $19,392,

Current
Average cost of education per year $14,336
2-yr degree total cost $28,671
47yr degree total cost $57,343
Assumed Est. Est. Est. Assumed DOE Acceptable Required Salary
% Current Non- Per Yr Debt Salary Debt/Income debt load starting Difference
Financed Debt Financed Service per BLS ratio per BLS salary
79.0% $30,639 $8,145 $2,962 $26;350 8% $2,108 $37,024 ($10,674)
79.0% $30,639 $8,145 $2,962 $26,350 8% $2,108 $37,024 ($10,674)
79.0% $61,279 $16,289 $5,924 $45,900 8% $3,672 $74,049 ($28,149)
79.0% $61,279 $16,289 $5,924 $45;900 8% ' $3,672 $74,049 ($28,149)
79.0% $9;553' $2,540 $924 $17,620 8% $1,410 $11,544 $6,076
79.0% $9,553 $2,540 $924 $20,lio 8% $1,609 $11,544 $8,566
79.0% $9,553 $2,540 $924 $26,980 8% $2,158 $11,544 $15,436
79.0% $9,553 $2,540 $924 $'20;110 8% $1,609 $11,544' $8,566
79.0% $9,553 $2,540 $924 $23,630 8% $1,890 $1l,5"44 $12,086
79.0% $9,553 $2,540 $924 $20,110 8% $1,609 $11,544 $8,566
79.0% $9,553 $2,540 ' $924 $19150
" ~
8% $1,532 $11i~44 $7,606
79.0% '$9,553 $2,540 $924 $19,620 8% $1,570 $il,544 $8,076
79.0% $19,'763 $5,253 ", $1,910 $25;880 8% $2,070 $23,~81 $1,999
79.O".tb $19,763 $5,253 $1,910 $25,910 8% $2,073 $23~881' $2,029
79.0% $30;639 $8,145 $2,962 $27,830 8% ' $2,226 $37,024 , ($9,194)
79.0% $61;279, $16,289 $5,924 $51;640 8% $4,131 $74,049 ($22,409)
79.0% $~0,639 $8,145 $2,962 $36,080 8% $2,886 $37,024 ($944)
79.0% $30,639 $8,145 $2,962 " $23,700 8% $1,896 $37,024 ($13,324j
79.0% $30,639 $8,145 $2,962 $27,410 8% $2,193 $37,024 ($9,614)

Adjusted Delta ($) Delta (%) 'II;",'_ _...... _


$14,587 $252 2%
$2~175 $503 2%
$58,350 $1,007 2%
($854) $29,951 72.8% ($8,833) ($4,417) $14,975 $4,072 1,735 1,648
($854) $29,951 72.8% ($8,833) ($4,417) $14,975 $4,072 1,334 1,268
($2,252) $54,274 70.0% ($23,294) ($5,824) $13,568 $4,072 224 213'
{$2,252} $54,274 70.0% ($23,294) ($5,824) $1~,568 $4,072 172 164
$486 $17,121 85.2% $5,028 $3,352 $1~,414 $1,693 5,502 5,227
$685 $19,182 86.8% $7,089 $4,726 $12,788 $1,693 5,502 5,227
i ".
$1,235 $24,867 89.8% $12;774 $8,516 $16,578' : $1,693 " 5,502 5,227
$685 $19,182 86.8% $7,089 ' $4;726 ,$12,788 $1,693 5,502 5,227. '
$967 ' $22,094 88.5% $10,001 $6,668 $14,730 $1,693 5,502 5,227.
$685 ' .$19,182 86.8% $7,089 $4;726 $12,788" $1,693 5,502 5;227
$608 " $18,387 86.if<, " $6,294 . $4,196 $12,258 " $1,693 8,540 8,113[
$646 "$18,776 86.5% $6,683 $4,455 $12l5!7 " $1,693 6,947 6,599
$160 ,'$26,670 80.3% $1,654 ,$1,103 $17:;780 $3,502 2~755 2;617
$162 .$26;695 ,80.3%, ' $1,679 ' $1;119 •
$17~79T
I' ,
$3,502 .2,755 ' 2,617
($736) ,,' $31,175 73.9% ($7,609) ($3,804) $15~588 $4,072 ·2,669 2,535'
($1,793) $59,024 72.4% ($18,544) ($4,636) $1~,756 $4,072 2,032 1,930
($76) :$38,003 78.6% ($781) ($391) $19~001 $4,072 ' , 4,2,70 4;056.: '
($1,066) $27,758 70.7% ($11,026) ($5,513) $13~879 .' $4,072 ' 7,873 7,479
($769) $30,828 73.6% ($7,956) ($3,978) $15~414 $4,072 7,Sn 7,479·
82,192 78,082

i
I
i .
43-3031 Bookkeeping, Accounting & Auditing Clerks
43-3031 Bookkeeping, Accounting & Auditing Clerks
13-2011 Accountants and Auditors
13-2011 Accountants and Auditors
31-9095 Pharmacy Aides
31-0000 Healthcare Support Specialists
31-9091 Dental Assistants
31-0000 Healthcare Support Specialists
31-9011 Massage Therapists
31-0000 Healthcare Support Specialists
33-9032 Security Guard
43~9061 Office Clerks, General
49-3023 Automotive Service and Mechanics
49-9021 Heating, A.C. & Refrigeration Mechanics
43-9011 Computer Operators
29-1111. Registered Nurses
23-2011 Paralegals and Legal Assistants
31-9092 Medical Assistants
43-9041 Insurance Claims & Policy Processing Clerks
Diploma 64% 55,096
Associates 31% 26,687 Diploma
Bachelor's 4% 3,444 Associates
-Master's" 1% 861 Bachelors
0% Master's
Doctoral
Total 100% 86,088 °
Health Care 59%
Criminal Justice 16%
Business 13%
Technology 10% .
Other 2%
Total 100%,'",

Associates BilChcl
Health Care 33,015' 15,745 " '2;032 50,792-
Criminal Justice " 8,54() 4,270 551 413'" 13,774
Business 6,947, 3,469 448 327, ' 11,191
Tech./fng/Auto 5,510 2,669 344 86 ' 8,609
Other 1,085 " 534 69 34 1,722
Total 55,096 26,687 3,444 861 86,087
~
~ IV
0Cl 0
..

-(Jl.
IV
IV
00
~ -(Jl. -(Jl.
0Cl 0 0
Colleges Assumed Est.
ts & % Current
ns Program Program Years Cost Cost/yr Financed Debt
Associates - Everest Online Accounting 2 $38,784 $19,392 77.0% "$29,864
Associates - Everest Online Business 2 $38,784 $19,392 77.0% $29,864
Bachelor's ~ Everest Online Accounting 4 $77,568 $19,392 77.0% $59,727
Bachelor's - Everest Online Business 4 $77,568 $19,392 77.0% $59,727
, Diploma - Pharmacy Technician 1.5 $12,093 $8,062 77.0% $9,312
, , Diploma - Nutrition 1.5 $12,093 $S,062 77.0% $9,312
Diploma - Dental Assistant 1.S, " $12,093 $8,062 77.0% $9,312
Diploma - Medical Assistant 1.5' $12,093 $8;062 77.0% $9,312
, Diploma· Massage Therapy, 1.5 $12,093 $8,062 77.0% $9,312
Diploma - Medical AdminstrativE:! Assistant 1.5 $12,093 $8,062 77.0% $9,312
, ' Diploma ~Crjminal Justice 1.5 $12,093 $8,062 77.0% $9,312
Diploma - Business Operatiohs " 1.5 $12,093 $8,062 77.0% , $9,312
Diploma - Wyotech Auto Training Program 1.5 $25,016 $16,677 , 77.0% $19,262
, Diploma -Residential HVAC Training Program 1.5 $25,016 $16',677 77.0% $19,262
Associates - Computer Information Sci,ence 2 $38,784 $19,3Q2 77.0% $29,864
, Bachelor's- Nursing 4 $77,568 $1,9,392 77.0% ' $59,727
Associates - Paralegal ,,' , 2 , $38,784 $19,392 , 77.0% , $29,864
Associates - Medical Assisting' ' 2 $38,784 ,$19,392 ' 77.0%, ' $29,864
Associates - Medican Insurance Billing & Coding 2 $38,784 $19,392 77~O% $29,864
Est. Est. Assumed DOE Acceptable Required Salary Debt Assumed
Non- Per Yr Debt Salary Debt/income debt load starting Difference difference New
Financed Service per BLS ratio per BLS salary Tuition
$8,920 $4,124 $26,350 10% $2,635 $41,241 ($14,891) ($1,489) $28,Ooi,
$8,920 $4,124 $26,350 10% $2,635 $41:,241 ($14,891) ($1,489) $28,001
$17,841 $8,248 $45,900 10% $4,590 . , $82,481 ($36,581) ($3,658) $51,078
$17,841 $8,248 $45,900 10% $4,590 $82,481 ($36,581) ($3,658) $51,078
$2,781 $1,286 $17,620 10% $1,762 $12,859 -$4,761 $476 , $12,093
$2,781 $1,286 $20,110 10% $2;011 $12,859 $7,251 $725 $12,093
$2,781 $1,286 $26,980 10% $2,698 $12,859 $14,121 $1,412 $12,093
$2,781 $1;286 $20,110 10% $i,Ol1 $12,859 $7,251 $725 $12,093
$2,781 ..
$1,286 $23,630 10% $2,363 $12,859 $10,771 $1,077 $12,093
$2,781 $1,286 $20,110 10% $2,011 $12,859 $7,251 $725 $12,093
$2,781 $1,286 $19,150 10% $1,915 $12,859 $6,291 $629 ' $12,093
$2,781 $i;286 $19,620 10% $1,9~2 $12,859 , $6;761 $676 , $12,093
$5,754 $2,660 . $25,880 . 10% . $2,588 $2(5,601 ($721) ($72) . $24,494
$5;754 $2,660, $25,910 10% $2,591·" $26,601 . , ($691) ($69)' $24,516
$8,920 $4,124 $27,830 10% $2,783 $41,241 ($13,411) ($1,341) $29,073
$17,841 $8,248 .., $51,640 10% $5,164 $82,481 ($30;841) ($3,084) $55,235
$8,920 . '. ,$4;124 $36,080 10% $3,608 $41,241 ($5,161) ($516) $35,047
$8,920 $4,124 $23,700 10% $2,370 $41,241 ($17,541) ($1,754) $26,082
$8,920 $4,124 $27,410 10% $2,741 $41,241 ($13;831) ($1,383) $28,769
68.1% ($10,783) ($5,391) $4,460 . 1,735 1,648 43~3031 Bookkeeping, Accounting & Auditil
68.1% ($10,783) ($5,391) $4,460 1,334 . 1,268 . 43-3031 Bookkeeping, Accounting & Auditil
65.1% ($26,490) ($6,622) $4,460 224 213 13-2011 Accountants and Auditors
65.1% ($26,490) ($6,622) $4,460 . 172 164 . 13-2011 Accountants and Auditors
77.0% $0 $0 $1,854 Si502 5,227 31-9095 Pharmacy Aides
77.0% $0 $0 . $1,854 '5,502 5,227 31-0000 Healthcarl:! S~pport Specialists
..
77.0% $0 $0 $1,854 .' 5,502 5,227 . 31-9091 Dental Assistants
77.0% $0 $0 . $1,854 5,502 5,227 31-0000 Healthcare Support Specialists
77.0% $0 $0 $1,854 5,502 5,227 . 31-9011 MassageTherapists
77.0% . :$0 $0 $1,854 .5,502 5,227 . 31-0000 HealthcareSupport Specialists
77.0% $0 $0 $1,854 8,540 8,113 33-9032 Security Guard
77.0% . $0 $0 $1,854 6,947 6,599 . 43-9061 Office Clerks,General
76.5% ($522) ($348) $3,836 2,755 2,617 49-3023 Auts>motive Service and Mechanic:
76.5% ($500) . ($333) $3,836 2,755 .2,611 .49-9021 Heatlng,AC.& Refrigeration Meet ." .
69.3% ($9,711) ($4,856) $4,460 : 2,669 2,535 .'," 43-9011 Co mpute( 0 perators
67.7% ($22;333) ($5,583) . $4,460 :2,032 1,930 . 29-1111 Registered Nurses
~ ..' . .
74.5% ($3,737) ($1,869) .. ' $4,460 ":4,270 4,056 23-2011 Paralegals.an~ Legal Assistants
65.8% ($12,702) ($6,351) $4,460 7,873 7,479 . 31-9092 Medical ASsis~ants
69.0% ($10,015) ($5,008) $4,460 7,873 7,479 43-9041 InsuranceClairns & Policy Processi
82,192 78,082
to,lntlllan tollege. (COCO)

Associates- Everest Online ACcQunting 2 $38,784 $19,392 79.0% $30,639 $8,145 $4,364 $26,350 10%
Associates - Everest Online Business 2 $38,784 $19,392 79.0% $30,639 $8,145 $4,364 $26;350 10%
Bachelor's -,Everest Online Accc-unting 4 $77,568 $19,392 79.0% $61,279 $16,289 $8,729 $45,900 10%
Bachelor's; - Eve-fest,Online Bus.iness 4 $77,568 $19,392 79.0% $61,279 $16,289 $8,729 $45,900 10%
Dlplo-ma'- Pharmacy Technlcian 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $17,620 10%
Diploma + Nutrition 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $20,110 10%
Diploma - Dental Assistant 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $26,980 10%
Diploma - Modl..1Assi,tont 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $20,110 10%
Diploma - Massage Therapy 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $23,630 10%
Diploma - Medical Adminstrative Ass'stant. 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $20,110 10%
Diplo-ma - Criminal Justice 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $19,150 10%
Diploma .•:Business Operations- 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,361 $19,620 10%
Diploma -,WV~tech Auto Trilining Program 1.5 $25,016 $16,677 79.0% $19,763 $5,253 $2,815 $25,880 10%
Diploma.- R~sidential HVAC Training Program 1.5 $25,016 $16,677 79.0% $19,763 $5,253 $2,815 $'25,910 10%
As5ocia~es - Computer Information S<:ienee 2 $38,784 $19,392 79.0% $30,639 $8,145 $4,364 $27,830 10%
Bachelor's::' Nursing 4 $77,568 $19,392 79.0% $61,279 $16,289 $8,729 $51,640 10%
Associates': Paralegal 2 $38,784 $19,392 79.0% $30,639 $8,145 $4,364 $36,080 . 10%
As'Oo::l••tes - ~~dical Assisting 2 $38,784 $19,392 79.0% $30,639 $8,145 $4,364 $23,700 10%
Associ.ates - Medkan Insurance Bming & Coding 2 $38,784 $19,392 79.0% $30,639 $8,145 $4.364 $27,410 10%

Current ~ ~ Detiof%l
Averae.1! past of education per year $14,336 $12,832 [$1,504J -10%
2..d.1r_degre~ total cost ~2B,671 $25,663 [$3,OO8J -10%
4+yr degreE! total cost $57,343 . $51,327 [$6,016J -10%
$2,635 $43,643 ($17,2931 ($1.729) $26.643 69.4% ($12,141) ($6,070) $13,322 $4,072 1,735 1,648 43-3031 8ookkeeplng, Accounting & Auditing derks
$2.635 $43,643 ($17,2931 ($1,729) $26.643 69:4%. ($12,141) ($6,070) $13.322 $4,072 1,334 1,268 43-3031 Bookkeeping, Accounting & Auditing Clerks
$4.590, $87.287 ($41,,,871 ($4,139) $48.513 66.4% ($29,055) ($7,264) $12,128 $4,072 224 213 13..2011 Accountants and Auditors
$4,590. $87.287 ($41.3871 ($4,1,,9) $48.513 66.4% ($29,055) ($7,264) $12,128 $4,072 172 164 13-2011 Accountant. and Auditors
$1,762 $13,608 $4,012 $4lI1 $14.909 83.0% $2,816 $1,878 $9,940 $1,693 5,502 5,227 31-9095 Pnannacv Aide.
$2,011 $13,608 $6,502 . $650 $16,658 84.8% $4,565 $3,043 $11,105 $1,693 5,502 . 5,227 31-‫סס‬oo Health..... Support Specialists
$2,698 $13,608 $13,372 $1,337 $21,481 88,2% $9,388 $6,258 $14,320 $1,693 5,502 5,227 31-9091 !lenta! Assistants
$2,011 $13,608 $6,502 $650 $16.658 84.8% $4,565 $3,043 $11,105 '$1,693 5,502 5,227 31-‫סס‬oo Healthca... Support Specialists
$2,363 $13,608 $10,022 $1,002 $19.129 86,7% $7,036 $4,690 $12,752 $1,693 5,502 5,227 31-9011 Mu••ge Therapists
$2,011 $13,608 $6,502 $650 $16,658 84,8% $4,565 $3,043 $11,105 $1,693 5,502 5,227 31-0000 Healthcare Support Speci.llsls
$1,915 $13,608 $5.542. $554 $15.984 84,1% $3,891 $2,594 $10,656 $1,693 8,540 8,113 33-9032 Security G.... rd
$1,962 $13,608 $6,012 $601 $16,314 84.4% $'4,221 $2,814 $10,876 $1,693 6,947 6,599 43-9061 Office Clerks,Gene..1
$2,588 $28.150 ($2.270) ($227) $23.422 n:6% ($1,594) ($1,063) $15,615 $3,502 2,755 2,617 49-3023 Automo:ttv~ 5erYice 2Ind Mechanics
'$2,591 . $28.150 ($2,2~0) ($224) $23,443 77.6% ($1,573) ($1,049) $15,629' . $3,502 2,755 2,617 49-9021 Heating, A.Co & Refrigeration Mechanics
$2,783 $43,643 ($15.813) ($1,5811 $27,682 70.6% ($11,102) ($5,551) $13,841 $4.072 2,Ge 2,535 43-9011 ComputerOporators
$5,164 $87,287 ($35,647) ($3,565) $52,543 69.0% ($25,025) [$6,256) $13,136 $4,072 2,032 1,930 29-1111. R.llist~,ed N.......
$3.608 $43.643 ($7,563) ($7561 $33,474 75.7% . {$S.3101 ($2,655) $16,797 $4,072 4,i70 4,056 23..2011 ParaleEal.s and tepl Assistants
. $2,3'10 $43.643 ($19,949) ($1,9941 $24,783 67,1% ($14,001J [$7,001) $12,391 $4,072 7,873 7.479 31-9092 Medical Assistants
$2,741 $43,643 ($16,233) ($1,6231 $27,388 70.3% ($11,396) ($5,698) $13,694 $4,072 7,873 7,479 43-9041 Insurance daim.s & Policy Proce5:5inc Clerks
82.192 78.082
Diploma
IAssociates
Bachelors
Master's $476

Health Care 33,015 15,745 2,032 50,792


ICrlmlnal JustIce 8,540 4,270 551. 413 13,n4
Business 6,947 3,469 448 327 11,191
Tech,fEng/Auto ·5,510 2,669 344 86 8,609
Wthe' 1,085 S34 69 34 1,722
otal 55,096 26,687 3,444 861 86,087
60 $0 6 $0 $0 #DIV/OI I Associates -·Everest Online Accounting
AsSOf;iates - Everest Online Bus-ines.s
2
2
$38,784
$38,784
$19,392
$19,392

I
Bachelor'.s ~ Everest Online Accounting 4 $77,568 $19,392
120 $0 12 $0 $0 #DIV/OI Bachelor's - Everest Online Business. 4 $77,568 $19,392
48 $22,848 4.8 $20,563 $17;684 77% D{ploma - PnanY'lacvTechnician 1.5 $12,093 $8,062
mploma· Nutrition 1.5 $12,093 $8,062
Dlplorn. - Dant.1 Assistant 1.5 $12,093 $8,062
Diploma· Medical Assistant 1.5 $12,093 $8,062
DIploma. .. Massage Therapy 1.5 $12,093 $8,062
Diptoma • Medical Admimtrative Assistant 1.5 $12,093 $8,062
D1ptoma - Crlmfnal Justice 1.5 $12;0'93 $8,062
DipkJma - 8~sjne's Operations 1.5 $12,093 $8,062
Oiproma· Wvotech'A'uto Training.Program 1.5 $25,016 $16,677
Diploma .. Residential HVAC Traintng Program 1.5 $25,016 $16,677
Assocfate_s - tomputertnformation Science 2 $38,784 $19,392
aa.halo~s - f\lurslng 4 $77,568 $19,392
Associates· Paralegal 2 $38,784 $19,392
Associates - Medica_I Assisting 2 $38,784 $19,392
Assod.tes - Madl•• 1i Insuronoe Billing & COding 2 $38,784 $19,392
Assumed E~t. E~t. Est. Assumed DOE A(.(ePlable R~quil'ed S~19ry Debt Assumed Assumed Difference Difference Est. Total
% Current Non· Per Yr Debt Salary Debt/income debt load s.tarting Diffcrencp difter!?'nt€ New New In T~lilion In Tuition Non·rinflnced Students
Financed Debt Fln.meed S~rvtU· per BlS ratio per BlS salary Tuition Debt level pN ycr Per Year Enrc'led
-----------
77.0% $29.864 $8.920 $4,124 $26;350 10% $2,635 $41,241 ($14.891) ($1,489) $28,001 68.1% 1$10,783) ($5,391) $4,460 1,735
77.0% $29.864 $8.920 $4,124 $26,350 10% $2.635 $41,241 ($14,891) ($1,489) $28,001 68,1% 1$10,783) ($5,391) $4,460 1,334
77.0% $59,77.7 $17.841 $8,248 $45,900 10% $4.590 $82,481 ($36,581) ($3,658) $51,078 65.1% 1$26,490) ($6,622) $4,460 224
77.0% $59.727 $17.841 $8,248 $45,900 10% '$4.590 $82,481 ($36,581) ($3,658) $51,078 65.1% ($26,490) ($6,a22) $4,460 172
77.0% $9.312 $2.781 $1,286 $17,620 10% $1,762 $12,859 $4,761 $476 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859 $7,251 $725 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1.286 $26,980 10% $2.698 $12.859 $14,121 $1,412 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9,312 $2.781 $1,286 $20.110 10% $2,011 $12.859 $7,251 $725 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $23,630 10% $2,363 $12,859 $10,771 5 1,077 $12.093 77.0% $0 $0 $1.854 ·S.so2
77.0% $9.312 $2,781 $1.286 $20.110 10% $2,011 $12.859 $7.251 $725 $12,093 77.0% $0 $0 $1,854 5,502
77,0% $9,312' $2,781 $1,28G $19.150 10% $1,915 $12,859 $6,2n $629 $12,093 77,0% $0 $0 $1,8S4 8,540
77.0% $9,312 $2,781 $1,286 $19,620 10% $1,962 $12,859 $6.761 $676 $12,093 77.0%' $0 $0 'Sl,854 6.947
77.0% $19,262 $5,754 $2,660 $25,880 10% $2,588 $26,601 ($721) ($72) $24,494 765% ($522) ($348) ,$3,836 2,755
77.r1*. $19,262 $5,754 $2,660 $25,910 10% $2,591 $26,601 [$691) ($69) $24,516 76.5% ($SOOI [$333) , $3,836 2,755
77,r:fl(, $29,864 $8,920 $4,124 $27.830 10% $2,783 $41.241 ($13,411) , [$1,341)' $29,073 69.3% ($9,7111 [$4,856) $4,460 2,669
77,0% $59,727 $17,841 $8.248 $51,640 10% $5,164, $82,481 ($30.841) [$3;084) $55.235 67,7% ($22,3331 ($5,583) $4,460 2,032
77.O'Yo $29,864 $8,920 $4.i24 $36.080 10% $3,608 541,241 ($5.161) , ($516) $35,047 74.5% ($3,737) ($1,869) $4,460 4,270
77.0% $i9,864 $8,920 54.124 $23,700 10% $2,370 $41,241 ($17.541.) ($1,754) $26,082 65.8% ($12,701) ($6,351), $4,460 7,873
77.0% $29,864 $8,920 $4.124 $27,410 10% $2,741 $41,241 ($13.831) , ($1,S8S) $28,769 69.0% ($10,015) (SS,008), $4,460 7.873
82.192
'If

1,648 43~3031 Bookkeeping, A-cc-ounting &Auditing Cferks


1,268 .-43-3031 Bookkeeping, Accounting & Auditing Clerks
2U 13·2011 Account.nts .n~ Audito," .
164 13-2011 Accountants and Auditors
5,227 31-9095 Ph.rmacy Aides
5,227 31-0000 He.lthcore Support Specialists
5,227 31·9091 Dental As,lstants
5,227 31-0000 Heatthcare Support Specialists
5,227 31-9011 Massage Therapists.
5,227 31-0000 Heafthcare Support Specialists
8,113 33..9032 Security Guard.
6,599 43-9061 Office Clem, Gene",1
2,6t7 49-3023 Automotive Service and Mechanfcs
2,617 49-9021 Heating, A.C. & Refrlge",Uon Mechanics
2,535 43-9011 COmputer Operators
1,930 29-1111 Regi5-tered Nurses
4,056 23-2011 P.",legols .nd Legol Asslst.nt,
7,479 31~9092 Medicai Assistants.
7,479 43·9041 Insurance Claims & Potrey Proce;;singClerks
78,082
Corinthian College. lCOCOI

As.so-ciates - Everest Online- AI;l;ountinr:: 2 $38,784 $19,392 79.0% $3Q,639 $8,145 $3,408 $26,350 10%
Associates - Everest Online Business 2 $38,784 $19,392 79.0% $30,639 $8.145 $3,408 $26.350 10%
Bachelor's - Everest Online Acco~nting 4 $77,568 $19,392 79.0% $61,279 $16,289 $6,817 $45,900 10%
Sachelor's - Eve-rest Online Busfnesi> 4 $77,568 $19,392 79.0% $61,279 $16,289 $6,817 $45,900 10%
Diploma - Pharmacy Technician 1.5 $12,093 $8,062 ·79.0% $9.553 $2,540 $1,063 $17.620 10%
Diploma- - Nutrition 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,063 $20,110 10%
O~ploma - Dental Assistant 1.5 $12,093 $8,062 '. 79.0% $9.553 $2,540 $1,063 $26,980 10%
Olploma - Medi",,1 Assistant 1.5 $12,093 $8,062 79.0% $9.553 $2,540 $1,063 $20,110 10%
Diploma ~ Massage Therapy 1.5 $12,093 $8,062 79.0% $9.553 $2,540 $1,063 $23,630 10%
Diploma .. Medical Adminstrative Asslsta.nt 1.5 $12,093 $8,062 79.0% $9.553 $2,540 $1,063 $20,110 10%
Diploma - Criminal Justice 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $1,063 $19,150 10%
mploma· Business OpelCltions 1.5 $12,093 $8,062 79.0% $9.553 $2,540 $1,063 $19,620 10%
O~ploma - Wyotech Auto Training Program 1.5 $25,016 $16,677 79.0% $19.763 $5,253 $2,198 $25,880 10%
Diploma - Residential HVAC Traini"g Program 1.5 $25,016 $16,677 79.0% $19,763 $5,253 $2,198 $25,910 10%
Associates ... Computer Info-rmation Scienc~ 2 $38,784 $19,392 79.0% ',$30.639 $8,145 $3:<\08 $27,83Q 10%
Btl-chelor's - Nursing 4 $77,568 $19,392 79.0% $61.279 $16,289 $6.817 $51,640 10%
As'sociates - Paralegal 2 $38,784 $19,392 79.0% $30,639 $8,145 $3,408 $36,080 10%
Associates ... Medical Assisting 2 $38,784 $19,392 79.0% $30.639 $8,145 $3,408 $23,700 10%
AssQdates - Meditan Insurante Billing & C~ing 2 $38,784 $19,392 79.0% $30.639 $8,145 $3,408 $27,410 10%

Current AdjUsted Delto (SI Doltol%1


'Averago rost of odu<:otlon por yoar $14,336 $15,586 $1;251 !l%
2'-yr degree total cost $28,671 $31,173 . $2,501 9%
. 4~yr degree total cost $57,343 $62,345 $5,002. !l%
$2,635 $34,084 ($7,734) ($773) $31,832 74.4% ($6,952) ($3,476) $15,916 $4,072 1,735 1,648 43-3031 Bookkeeping, A=untlng & AuditingCle,ks
$2,635 $34,084 ($7,734) ($773) $31,832 74.4% ($6,952) ($3,476) $15,916 $4,072 1,334 1,268 43-30-31 B001::keeplng, Aa:ounting & AudltingCrerks
$4,590 $68,167 ($22,267) ($2,227) $57,551 71.7% [$20,017) ($5,004) $14,388 $4,072 ,224 213 13-2011 Accountants and Auditors
$4,590 $68,167 ($22,267) ($2,227) $57,551 71.7% [$20,017) ($5,004) $14,388 $4,072 172 164 13-2(}11 Aco::ountants a.nd Auditors
$1,762 $10,627 $6,993 $699 $18,379 86.2% $6,286 $4,191 $12,253 $1,693 5,502 5,227 31-9095 PhalTT1acy Aides
$2,011 $10,627 $9,483 $948 $20,617 87.7% $8,524 $5,683 $13,745 $1,693 5,502 5,227 31-0000 Healthcare Support Specialists
$2,698 $10,627 $16,353 $1,635 $26,193 90.5% $14,700 $9,800 $17,862 $1,693 5,502 5,227 31-9091 Delital Assistants
$2,011 $10.621 $9,483 $948 $20,617 87.7% $8,524 $5,683 $13,745 $1,693 5,502 5,227 31-0000 Healthcare Support Speciarists
$2,363 $10.621 $13,003 $1,300 $23,782 89.3% $11,689 $7,792 $15,854 $1,693 5.502 5,227 31-9011 Massage Therapi.sts
$2,011 $10,627 $9.483 $948 $20,617 87.7% $8,524 $5,683 $13,745 $1,693 5,502 5,227 3HlOOO Healthcare Support Specialists
$1,915 $10.627 $8;523 $852 $19,754 87.1% $7,661 $5,108 $13,170 $1,693 8.540 8,113 33-9032 Security Guard
$1,962 $10.627 $8,993 $899 $20,177 87.4% $8,084 $5,389 $13,451 $1,693 ,6,941 6,599 43-9061' Office Clerks, General
$2,588 $21,984 $3,896 $390 $28,518 81.6% $3,502 $2,335 $19,012 $3,502 2,755 2,617 49-3023 Automotive SerVice and Mechanics
$2,591 $21,984 $3,926 $393 $28,545 81.6% $3,529 $2,353 $19,030 $3,502 2,755 2,617 49-9021 Heating~ A.C. & Refrigeration Mechanics
$2,783 $34.084 j$6,254) ($625) $33,162 75.4% [$5,622) ($2,811) $16,581 $4,072 2,669 2,535 43-9011 Compute, Operators
$5,164 $68,167 ($16,527) ($1.653) $62,711 74.0% ($14,857) ($3,714) $15,678 $4,012 2,032 1,930 29-1111 Registered Nurses
$3,608 $34,084 $1,996 $200 $40,579 79.9% $1,795 $897 $20,289 $4,012 4,270 4,056 23·2011, Paralegals and Legal A.sistants
$2,310 $34.084 ($10,384) ($1,038) $29,450 72.3% ($9,334) , ($4,667) $14,725 $4,012 7,873 7,479 31-909i Medical Assiolant.
$2,741 $34,084 [$6.674) ($667) $32,785 75.2% ($5,999) ($3,000) $16,392 $4,072 7,873 7,419 43-9041 Insurance Claims & Policy Pro<essing Clerks
82.192 78.082
Diploma
Associates
Bact\e1ors
Master's $476

Health Care 33,015 15,745 2,032 50,792


Criminal Justice 8,540 4,270 551 413 13,774
B"slneos 6,947 3,469 448 327 11,191
ITech.jEnIl!A"to 5,510 2,669 344 86 8,609
Other 1,085 534 69 34 1,722
ITotal 55,096 26,687 3;444 861 86,087
Corinthian Colle~es
d Based on 86% Average (per 10-K) minus 10% of credas completed (assumed prior credit paid in casl Tuition Costs &
Mlnus as.:;umed AI/g, APOl Avg. APOL Effectd'Je % of Debt Burdens Program Program Veal's Cost Co,tlyr
Hrs Required A....g. Tuition 10% credit hrs TUition. Tuit. 86"'3'0 flnanc.:: debt financed ASsociates .. Everest Online Accounting 2 $38,784 $19,392
., Associates - Everest OnUne Business 2 $38,784 $19,392
Bachelor's· Everes.t Onl~ne Accollnting" 4 $n,568 $19,392
120
48
$0
$22,848
12
4.8
$0
$20,563
$0
$17,684
#DIV/OI77%1
I Bachelor's - Everest Online 8uslness
OIptoma- .pharmacy Technician
Diploma - Nutrition
4
1.5
1.5
$77,568
$12,093
$12,093
$19,392
$8,062
$8,062
Diploma - Dental As.lstant 1.5 $12,093 $8,062
Diploma - Medical As,istant 1.5 $12,093 $8,062
Diploma .. Massage Therapy 1.5 $12,093 $8,062
Diploma - Medical Admrnstratwe Assistant 1.5 $12,093 $8,062
Diploma - Criminal Justice 1.5 $12,093 $8,062
Diploma - Bu,lness Operation, 1.5 $U,093 $8,062
Diploma· Wyotech Auto Training Program 1.5 $25,016. $16,677
Diplo'm'a .. Residential H'IACTraining Program 1.5 $25,016 $16,677
ASsociates· Computer Inmrrnatlion Science 2 $38,784 $19,392
8•• h~lo," - Nursing 4 $77;S68 $19,392
Associates - Paralegal 2 $38,784. $19,392
Associates-· Medical Assis.ting 2 $38,784 $19,392
Associates. - Medican In.surance Billi~r:: & Cod~ng 2 $38,784 $19,392
Assumed Est, Est, E.st. Assumed DOE Acc~ptable Required Salary Debt Ass'Jmed Assvrned DiHe,ence DiHe,ence Est. Total
% Cuffent Non- Pe:- Yr Debt S3!arv Debt/in~om{} debt load statting Difference difference New New InTuition In fuitto" Non-Fin3nc~d Studer-ts
Financed Debt financed Scrvlcp per BlS tatio per BlSo salarv Tuition Debt Leve: per yer Ppr Y~ar F.,rolJed
77.0% $29,864 $8,920 $4,124 $26,350 10% $2,635 $41.241 . {$14,891) ($lA89) $28,001 68.1% ($10,783) {SS,391) $4,460 1,735
77.0% $29,864 $8,920 : $4,124 $26,350 10% $2,635 $41,241 {$14,891) 1$1,489) $28,001 68.1% ($10,783J {S5,391) $4,460 1,334
77.0% $59,727 $17,841 $8.2A8 $45,900 10% $4,590 $82,481 ($36,581) 1$3,658) $51.078 65.1% ($26,490J ($6.622) $4,460 224
77.0% $59,727 $17,841 $8.248 $45,900 10% $4,590 $82,481 ($36,581) {$3,658) $51,078 65.1% ($26,490) ($6,622) $4,460 172
77.0% $9,312 $2,781 $1,286 $17,620 10% $1,762 $12,859 $4,761 $476 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859 $7,251 $725 $12,093 77.D% $0 $0 $1,854 5,502
77.ll% $9.312 $2,781 $1.286 $26,980 10% $2,698 $12,859 514,121 $1,412 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9.312 $2.781 $1,286 $20,110 10%. $2,011 $12,859 $7,251· $725 $12,093 77.0% $0 $0 $1,854 5,502
71.0% $9.312 $2,781 $1,286 $23,630 10% $2,363 . $12,859 $10,771 $1.071 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9.312 $2,781 .$1,286 $20,110 10% $2,011 $12.859 $7,251 $725 $12,093 77.0% $0 $0 $1,854 5,502
77.0%: $9.312 $2,781 $1,286 $19,150 10% $1,915 $12,859 $6,291 $629 $12,093 77.0% $0 $0 $1,854 8,5~
77.0";1. $9.312 $2,781 ·$U86 $19,620 10%. $1,962 $12,859 $6,761 $676 $12.093 77.0% $0 $0 $1,854 6,947
77.(fli, $19.262 $5,754 $2,660 $25,880 10% $2,588 $i6,601 ($7211 ($nl $24,494 76.5% ($522) ($348) $3,836 2,755
77.(fli, $19,262 $5.754 $2,660 $25,910 10% $2,591 $26,601 ($691) ($69) $24,516 76.5% ($5001 ($333) . $3,836 2,755
77.0% $29,864 $8,920 ·$4,124 $27,830 10";1. $2,783 $4l,241 ($13,4111 ($i,341) $29,073. 69.3% ($9,7111 ($4;856) $4,460 2,669
71.0% .. $59,727 $17,841 $8,248 $51,640 1(fli,. $5.164 $82,481 1$30,841) ($3,084) $55,235 67.7" ($22,3331 i$5.583) $4,460 2,032
77.rffo $29,864 $8.920 $4,124 $36.080 10% $3,608 $41,241 1$5,161) ($516) $35,047 74,5% {$3,7371 ($1,8G9) $4,460 4,270
77.0% $29,864 $8.920 $4,124 $23.700 10% $2,370 $41,241 {$17,541) [$1,754) $26,082 65.8% ($12,702J {$6,351) $4,460 7,873
77.0% $29,864 $8.920 $4,124 $27,410 10% $2,741 $41.24·1 {$13,831) [$1,383) $28,769 69.0% ($10,015J {$5,008) $4,460 7,873
82.192·
1,648 43-3031 BookkeeplnfL Accountlng,& AuditIng Clerks
:1,268 43-3031 Bookklil.plng. Accounting & Auditing Clerks
213 13-2011 Aeoountant. and Auditors
·164 13·2011 Accounlant••nd Auditors
5,2:ii' 31-9095 Pharmacy Ald••
5,227 31-<lODO Heahhcare SupPort Speeielim
5,227 31-9091 Dentel As,i'lonls
5,227 31-<lOOO Heollhc.re 5upport Specialist:;
5;227 31-9011 Massage Therapists
5,227 31-<lOOOlieallhcore Support Specialist:;
8,113 33-9032 SecurIty Guard
6,599 43-9061 Offlco Oorl«, GIlne",1
2,617 49-9023 AutomotiVe!! ServiCe Ind Mechlnics
2,617. 49-9021 He.tilll:. A.C. & Refri~.ration Mech.nics
,2,535 43-9011 Camp"'er Operator.
1,9311 29-1111 Rcglnere<l Nurses
4,056 23-2011 P.rar.g;ols .nd Logol As.i6t8nls
7,479 31-9092 Medical As,i.tants
7,479 43-9041 Insur.lnclil e'iillms &: policy Pr:oceu:ing Clerks
78.082
AssQdatas - everest Online Accounting 2 $38,784 $19,392 79.0% $30,639 $8,145 $2,962 $26,350 10%
Associates ~ Everest Online Bu:sines:s 2 $38,784 $19,392 79.0% $30,639 $8,145 $2,962 $26,350 10%
Bachelof~s - Everest Onnne Acco~nting 4 $77,568 $19,392 79.0% $61,279 $16,289 $5,924 $45,900 10%
Bachelor's .. Everest Ontine Business 4 $77,568 $19,3n 79.0% $61,279 $16,289 $5,924 $45,900 10%
Diploma· Pharmacy Teehnitlan 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $924 $17,620 10%
Diploma - Nutrllion 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $924 $20,110 10%
Diploma· Dental Assistant 1.5 $12,093 $8,062 . 79.0% $9,553 $2,540 $924 $26,980 10%
Diploma - Medical As.iotanl 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $924 $20,110 10%
Diploma - Massage Therapv 1.5 $12,093 $8,062 79.0% $9,553 $2,540 $924 $23,630 10%
Diploma - Medical Admtnstrative AsSistant 1.5 $12,093 $8,062 79.0%' $9,553 $2,540 $924 $20.110 10%
Diploma - Criminal Justice 1.5 $12,093 $8,062 79.0% $9,553 $2,540' $924 $19.150 10%
Diploma - Bus.iness Operation$ 1.5 $12,093 $8,062 79.0%. $9,553 $2,540 $924 $19,620 10%
Diploma - Wvotech Auto Training Program 1.5 $25,016 $16,677 79.0% $19,763 $5.253 $1,910 $25.880 iO%
Diplama - Residential HVACTraining Program 1.5 $25,016 $16,677 79.0% $19,763 $5,253 $1,910 $25,910 10%
Associates .. Computer Inf6~at~on Science 2 $38,784 $19,392 7.9,0% $30,639 $8.145 $2,962 $27,830 '1.0%
Bachelor's - Nursfng 4 $77,568 $19,392 79.0% $61,279 $16,289 $5,924 $51,640 10%
Associates - Paralegal 2 $38,784 $19,392 79.0% $30,639 $8.145 $2,962 $36,080 10%
Associate.:o - MedicalAsststing 2 $38,784 $19,392 79.0% $30,639 $8,145 $2,962 $23,700 10%
Associates - Medican Insu-:anee Billing & Coding 2 $38,784 $19,392 79.0% $30,639 $8,145 $2,962 $27,410 10%

.~
Current Delt. fSl Deltal%l
Average (:ost of education per year $14,336 Si7,482 $3,146 22%
2-yr det:;ree total cost $28,611 $34,963 $6,292 22%
4-yr degree total cost $57,343 $69,927 $12,584 22%
$2,635 $29,619 ($3,2691 ($3271 $95,402 77.0% {$3,3821 1$1,691) $17,701 $4,072 1,735 1,648 43-3031 8ookkeoplng. AccoUn'llng & AuditIng Clerks
$2,635 $29,6'19 ($3,2691 ($3271 $35,402 77.0% ($3,3821 IS1,691) $17,701 $4,072 1,334 1,26$ , 43-3031 Bookkeoplng, Accountlns & Audltlns Clorks
$4,590 $59,239 ($13,3391 ($1,3341 $63,770 74.5% ($13,7981 1$3,450) $15,942 $4,072 224 213 13-2011 Accountants and Auditor>
$4,590 $59,239 ($19,3391 ($1,3341 $63,770 74.5% ($13,7981, 1$3,450) $15,942 $4,072 172 164 13-2011 Accountants and Auditors
$1,762 $9,235 $8,385 $838 $20,766 87.8% $8,673 $5,782 $19,844 $1.,693 5,502 5,227 31-9095 Pharmacy Ald.s
$2,011 $9,235 $10,875 $1,087 $23,342 89.1% $11,249' $7,499 $15,561 $1,693 5,502 5,227 31-11000 H<la~hcoro Support Sl"'clalists
$2,698 $9.235 $17,745 $1,774 $30,449 91.7% $18,356 ,$12,23" $20,299 $1.,693 5,502 5,227 31-9091 Denl.1 Asslst.nts
$2,011 $9,235 $10,875 $1,087 $23,342 89.1% $11.,249, $7,499 $15,561 51.,693 5,502 5,227 31-0000 He.~hc>~ Support Speci.lists
52,363 $9,235 $14,395 $1,439 $26,983 90.6% $14,890 $9,927 $17,989 $1,693 5,502 5,227 31-9011 Mo<sogo Therapists
$2,011 $9,235 $10.875 $1,087 $23,342 89.1% $11,249, $7,499 $15,561 $1.,693 5,502 5,227 31-11000 He.~hCl~ 5upport SpecIAlists
$1,915 $9,235 $9,915 $991 $22.349 88.6% $10,256 $6,837 $14,899 $1,693 8,540 8,113· 33-9032 Security Guard
$1,962 $9,235 $10,385 $1,038 $22,835 88.9% $10,742 $7,161 $15,223 $1,693 6,947 6,599 . 43-9061 Offtce Cler,,", General
$2.588 $i9,105 $6,775 $678 $,32,025 83.6% $7,~, $4,672 $21,350 $3,502 2,755 2,1;17 49-3023 Automotive: Service arid Mechanics
$2,591 $19,105 $6,805 $681 $32,056 83.6% $7,040 $4,693 $21,370 $3,502 2,755 2,617 ' 49-9021 Heat"'g, A.C. & Refrlie"'tion Mechanics
$2,783 $2M19 ($1,789) ($1791 $36,933 77.9% ($1,8~1) ($926) $18,466 $4,072 2,669 2,535 , 43-9011 Computer O"p8r.11tors
$5,164 $59,239 ($",599) ($7601 $69,707 76.6% ($7,861J ' {$,1,965) $17,427 $4,072 2,032 1;93D 29-1111 Registered Nu"os
$3,608 $29,619 $6,461 $646 $45,467 82.1% $6,683 $3,342 $22,734 $4,072 4,27D 4,056 23-2011 Paralel:aCs :and Le,e-!ll As5istanu
$2,370 $29,619 ($5,919) ($5921 $32,661 75.1% ($6,123) {$3,062) $16,330 $4,072 7,873 7,479 31-9092 Modlc.l Assistants
$2,741 $29,619 ($2,209) ($2211 $36,498 77.7% ($2,286J' ' {$U43) $18,249 $4,072 7,873 7,479 ' 43-9041 InsufOnce Cloim. & Polley Processing Clerk.
82.192 78.082 '
$476

He.khCore
Crimln.1 Justice
6'Usiness
ITechnology
Other

He.lthCore 33,OlS· 15,745 2,032 50,792


Criminal Justice 8,S40 4,270 SSl 4B. 13,774
Business 6,947 3,469 448 327 11,191
ITech.fEngfAuto 5,5l0 2,669 344 86 8,609
Other 1,085 534 69 34 1.722
ITot.1 55,096 26,687 3,444 861. 86,087
Assoclatos: - Everest Onrine Accounting 2 $38,784 $19,392
60 $0 6 $0 $0 Assoclat.' - EverQst Onnne Business ,2 $38,784 $19,392 '
#D1V/OI'1
4 $1~,392

I
Bachelor's· Evere.5t Onlfne Aeccnmtfng $77,568
120 $0 12 $0 $0 #DIV/OI , Bachelor's - Everest Online Business 4 $77,568 $19,392
48 $22,848 4.8 $20,563 $V,684 77% Dlplom;j - ~harmacy Techni-cran 1.5 $12,093 $S,062
Diploml . Nutrition 1.5 $12,093 $8,062
Dip!om. - Dent.! Assistant 1:5 $12,093 $8,062
Diplom. - Medlc.1 Assistant Ls $12,093 $8,062
Olploma - Massag. Therapy 1.5 $12,093 $8,062
Diptom. - Medic.1 Adminslrative Assistant 1.5 $12,093 $8,062
Dlplom;j .. Criminil I Justice i.,.5 $12,093 $8,062
Diploml - Business Operattoos 1.5 $12,093 $8,062
Diploma· Wyotech Auto·TTCliriin,g.Program 1.5 $25,016 $16,677
Diploma. RQsldential HVAC".T.raining Proeram 1.5 $25,016 $16,677
Associates - Computer InformatiOn Science 2 $38,784 $19,392
Bachelor's - Nursfng .\ $77,568 $19,392
As·socilltes - Paralegal 2 $38,784 $19,392
Associates - Medica! Assisting 2 $38,784 $19,392
A$soclates - Medicao Insufa!1ce Billing & Coding ]. $38,784 $19,392
As.sumed Est. Est. Est. Assumed DOE Acceptable Required Salary Debt Assumed Assumed Difference Difference Est. Total
% Current Non· Per Yr Debt Salary D~b~/income debt load starting Difference difference New New In Tuition In Tuition Non-Financed Students
Financed Debt Financed Service per BlS ra~io per BlS salary TlIit~·O(l Debt level per yer Per Year EMoll-ed
77.rffo $29,864 $8,920 $4,124 $26,~ 10% $2,635 $41,241 ($14,6911 ($1,4691 $28,001 68.1% [$10,763) ($5,391J $4,460 1,735
77.0% $29.664 $6,Sl20 $4,124 $26,350 10% $2,635 $41,241 ($14,6911 ($l,469J $26.001 68.1% [$10,783) ($5,3911 $4,460 1,334
77.0% $59,727 $17,641 $6,246 $45,900 10% $4,500 $62,461 ($36,561) ($3,6561 $51,078 65.1% 1$26,490) ($6,6221 $4,460 224
77.0% $59,727 $17,641 $8,248 $45,900 10% $4,500 $82,481 ($36,581) ($3,658] $51,078 65.1% 1$26,490) ($6,622] $4,460 172
77.0% $9.312 $2,781 $1,266 $17,620 10% $1.762 $12,859 $4,761 $476 $12,093 77.tIJi, $0 $0 $1,854 5,502
77Jffo $9,312 $2,781 $1,286 $20,110 10% $2,011 $li,859 $7,251 $725 $12,093 77.tIJi, $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $26,980 10% $2,698 $12,859 $14,121 $1,412 $12,093 77.tIJi, $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859 $7,251 $725 $12,093 77.tIJi, $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,266 $23,630 10% $2,363 $12,859 $10,771 $1,077 $12,093 77.tIJi, $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $20,110 10% $2,011 $12,859 $7,251 $725 $12,093 77.0% $0 $0 $1,854 5,502
77.0% $9,312 $2,781 $1,286 $19,150 1t1Ji, $1,915 $12,859 $6,291 $629 $12,093. 77.0% $0 $0 $1,854 8,540
77.0% $9.312 $2,781 $1,286 $19,620 10% $1,962 $12,SS9 $6,761 $676 $12,093 77.0% $0 $0 $1,854 6,947
77.tIJi, $19,262 $5,754 $2,660 $25,880 10% $2,588 $26,601 ($721] ($72) $i4,494 76.5% [$522) ($348) $3,836 2,755
77.0% $19,262 $5,754 $2,660 $25,910 10% $2,591 $26,601 ($691) ($69) $24,516 76.5% [$500) ($333) $3,836 2,755'
77.0% $29,864 $8,920 $4,124 $27,830 10% $2,783 $41,24'1 [$13,411] [$1,341) $29,073 69.3% {$9,71i) [$4,856) $4,460 2,669
77.0% $59,727 $17,641 $8,248 $51,640 10% $5,164 $62,461 [$30,841) ($3,064) $55,235 67.7% ($22,333) ($5,583) $4,460 2,032
77.0% $29,864 $8,920 $4.124 $36,080 10% $3,608 $41,241 ($5,161] ($516J $35,047 74.5% {$3,737) [$1,869) $4,460 4,270
77.0% $29,864 $8,920 $4,124 $23,700 10% $2,370 $41,241 {$17,541] [$1,754J .$26,082 65.8% ($12,702i ($6,351) $4,460 7,873
77.0% $29,864 $8,920 $4,124 $27,410 10% $2,741 $41,241 {$13,831) [$1,383) $28,769 69.0% ($10,015) [$5,008) $4,460 7,873
82.192
1,648 43-3031 Bookkeeping, Accounting & Auditing-Clerks
1,268 43-3031 Bookkeeping, Accountfng & Auditing Clerks.
213 13-2011 Aocouotants and Auditor.s
164 13-2011 Accountants and Auditors
5,227 31-9095 Pharmacy Aides
5,227 31-<looo Hea"hcare Support spe.ialists
5,227 31-9091- Dental As5-istants
5,227 31~OOO· Healthcare Support S-peciarists
5,227 31..9011 Massage Therapists
5,227 31-0000 H••"h.... Support 5peci.li>ts
8.113 3~-9032 5e.urity Gu.rd
6,599 43-9061 Office Clerks, General
2,617 49-3023 Automotive service and Mechanics
2,617 49·9021 Heatin~ A+C. & Refrigeration Mechanics
2,5~5 43-9011· CClmputer Operator.s
1.9~0 29-1111.R.giStered Nurses
4,056 2~·2011· Paralegals and Legal Assistants
7,479 31-9092 Medic.IA••istarrt,
7,479 43-9041.lnsu~rice Claims & Policy Processing Clerks.
78,082
Education Manageinent (EDMC)
(numbers in thousands, unless otherwise noted, FY ends in September)

Educatioll Mana~ement Assumed Est.


Tuition Costs & % Current
Debt Burdens Program Cost Costlyr Financed Debt
Cliploma - Digital Print Production $16,632 $8,316 65.0% $10,811
Associate - Digital Filmaklng 8. VideoProduction $49,192 $24,596 65.0% $31,975
Associate - Photography $49,192 $24,596 65.0% $31,975
Bachelofs - Advertising $85,140 $21,285 65.0% $55,341
Bacilelofs - Web Design & Interactive Media $85,140 $21,285 65.0% $55,341
Bachelofs - Media Arts & AnimatioJi $85,140 $21,285 65.0% $55,341
Diploma - Web Design $17,028 $8,514 65.0% $11,068
.Associate - Graphic Design $49,192 $24,596 65.0% $31,975
Associate - Industrial Design Technology $49,192 $24,596 65.0% $31,975
Bachelofs -Game Art & Design $85,140 $21,285 65.0% $55,341
Bachelofs - Industrial Design $85,140 $21,285 65.0% $55,341
Bachalofs - interior Design $85,140 $21,285 65.0% $55,341
Diploma -Dental Assistant $17,028 $8,514 65.0% $11,0(38
Associate- Dental Hygenist $49,192 $24,596 65.0% $31,975
Associate· HeaUh Care Administration $49,192 $24,596 65.0% $31,975
Bachelofs - Nursing . $85,140 $21,285 65.0% $55,341
Bachelofs - Health Sciences $85,140 $21,285 65.0% $55,341
Bachelofs - Behavioral Sciences $85,140 $21,285 65.0% $55,341·
Diploma - The Art of Cooking $18,447 $9:224 65.0% $11,991
Associates - Culinary Management $49,192 $24,596 65.0% $31,975
Bachelofs • Hotel & Restaurant Management $85,140 $21,285 65.0% $55,341
Bachelofs -Culinary Managemenl $85,140 $21,285 65.0% $55,341
Diploma - Fashion $17,028 $8,514 65.0% $11,068
Associates - Fashion Design. $50,400 $25,200 65.0% $32,760
Bachalo(s Fashion & RatailManagement $85,140 $21,285 65.0% $55,341
Diploma. Accounting .. $17,028 $8,514 65.0% $11,068
Associate - Office Management $49,192 $24,596 65.0% $31,975
Elachelofs - Business Administration $85,140 $21,285 65.0% $55,341
Diploma- Lagal $17,d28 $8,514 65.0% $11,068
Associate - Paralegal $49,192 $24,596 65.0% $31,975
Associate - Legal $49,192 $24,596 65.0% $31,975
Bache[o~s - Education Adminstrators $85,140 $21,285 65.0% $55,341
Diploma - Information Technology $17,028 $8,514 65.0% $11,068
Associates - Information Technolo $49,192 $24,596 65.0% 31.975

~ ~ ~
Average cost of education per year $19,481 $14,915 ($4,5671
2-yr degree total cost $38,963 $29,829 ($9,1341
4-yr degree. total co.t $77,926 $59,658 ($18,2681
Est. Est. Assumed DOE Acceptable Required Salary Debt Assumed Assumed
Non· Per Yr Debt Salary DebUincome debt load starting Difference difference New New
Financed Service per BLS ratio per BLS salary Tuition Debt Level
$5,821 $1,540 $30,390 8% $2,431 $19,249 $11,141 $891 $22,669 74.6%
$17,217 $4,555 $33,060 8% $2,645 $56,932 ($23,672) ($1,910) $35,765 51.9%
$17,217 $4,555 $20,620 8% $1,650 $56,932 ($36,312) ($2,905) $28,798 40.2%
$29,799 $7,883 $54,500 8% $4,360 $98,536 ($44,036) ($3,523) $60,408 50.7%
$29,799 $7,883 $56,940 8% $4,555, $98,536 ($41,596) ($3,328) $61,778 51.8%
$29,799 $7,883 $41,710 8% ' $3,337 $98,536' ($56,826) ($4,546) $53,225 44.0%
$5,960 $1,577 $28,140 8% $2,251 $19.707 $8,433 $675 $21,764 72.6%
$17,217 $4,555 $32,600 8% $2,608 $56,932 ($24,332) ($1,947) $35,526 51.5%
$17,217 $4,555 $27,930 8% $2,234 $56,932 ($29,002) ($2,320) $32,904 47.7%
$29,799 $7,883 $56,940 8% $4,555 $98,536 ($41,596) ($3,328) $61,778 51.8%
$29,799 $7,883 $41,550 8% $3,324 $98,536 ($56,986) ($4,559) $53,135 43.9%
$29,799 $7,883 $34,620 8% $2,770 $98,536 ($63,916) ($5J13) $49,243 39.5%
$5,960 $1,577 $26,980 8% $2,158 $19,707 $7,273 $582 $21,113 71.8%
$17,217 $4,555 $55,220 8% $4,418 $56,932 ($1,712) ($137) $48,230 64.3%
$17,217 $4,555 $30,200 8% $2,416 $56,932 ($26,732) ($2,139) $34,178 49.6%
$29,799 $7,883 $51,640 6% $4,131 $98,536 ($46,896) ($3,752) $58,802 49.3%
$29,799 $7,883 $40,160 8% $3,213 $98,531) ($58,j7B) ($4,670) $52,354 43.1%
$29,799 $7,883 $64,440 8% $5.155 $98,531) , ($34,096) ($2.728) $65,991 54.8%
$6,456 $1,708 $18,230 8% $1,458 $21,349 ($3,119) ($250) $16,695 61.3%
$17,217 $4,555 $36,670 8% $2,934 $56,932 ($20,262) ($1,621) $37,812 54.5%
$29,799 $7,863 $34,970 8% $2,798 $98,536 ($63,566) ($5,085) $49,439 39.7%
$29,799 $7,883 $60,500 8% $4~840 $98,536 ($38,036) ($3,043) $63,778 53.3%
$5,960 $1,577 $24,260 8% $1,941 $19,707 $4,553 $364 $19,585 69.6%
$17,640 $4,666 $42,150 8% $3,372 $58,330 ($16,180) ($1,294) $41,313 57.3%
$29,799 $7,883 $60,500 8% ' $4.840 $98,536 ($38,036) ($3.043) $63,778 53.3%
$5,960 $1,577 $26,350 8% $2,108 $19,707 $6,643 $531 $20,759 71.3%
$t7,217 $4,555 $35,360 8% $2,829 $56,932 ($21,572) ($1,726) $37,076 53.6%
$29,799 $7,883 $64,440 8% $5,155 $98,536 ($34,096) ($2,728) $65,991 54.8%
$5,960 $1,577 $22,000 8% $1,760 $19,707 ' $2,293 $183 $18,316 67.5%
$17,217 $4,555 $36,080 8% $2,886 $56,932 ($20,852) ($1,668) $37,481 54.1%
$17,217 $4,555 $38,860 8% $3,109 $56,932 ($18,072) ($1,446) $39,042 55.9%
$29,799 $7,883 $68,360 8% $5,469 $98,536 ($30,176) ($2,414) $68,192 56.3%
$5,960 $1,577 $21,670 8% $1,734 $19,707 $1,963 $157 $18,130 67.1%
$17.217 $4,555 $27,830 8% $2,226 $56.932 ($29.102) ($2,328) $32,847 47.6%

I
~
-23%
·23% AU..Wm:
-23% $39,584
Difference Difference Est. Total 5% Cut SOC
In Tuition In Tuition New Non·Financed StUdents In Students Codes Job Title
Per Year Tuition Per Year Enrolled Enrolled
$6,257 $3,129 $11,445 $2,911 2,580 2,451 27-3099 Media and Communica1ion Workers, Other
($13,407) ($6,704) $17,892 $8,609 3,870 3,676 27-4032 Film and Video Ed"ors
($20,394) ($10,197) $14,399 $8,609 3,870 3,676 27-4021 Photographers
($24,732) ($6,183) $15,102 $7,450 6,115 5,809 11-2021 Advertising and Promolions Managers
($23,362) ($5,840) $15,445 $7,450 6,115 5,609 15-1099 Computer Specialists, Other
($31,915) ($7,979) $13,306 $7,450 6,115 5,809 27-1014 Multimedia Artists and Animators
$4,n6 $2,368 $10,882 $497 .2,334 2,217 43,9031 Desktop Publishers
($13,666) ($6,833) $17,763 $11,609 3,501 3,326 27-1024 Graphic Designers
($16,266) ($8,144) $16,452 $8,609 3,501 3,326 27·1 Q29' Designers. Other
($23,362) ($5,840) $15,445 $7,450 . 5,533 5,256
($32,005) ($8,001) $13,284 $7,450 5,533 5,256' 27-1021 Commercial and Induslrial Designers
($35,897) ($8,974) $12,311 $7,450 5,533 5,256 27·1025 Interior Designers
$4,085 $2,042 $10,556 $3,973 1,747 1,660 31-9091 Dental Assistants
($962) ($481) $24,115 $8,609 3,385 3,216 31-2012 Occupational Therapist Aides
($15,014) ($7,507) $17.089 $8,609 3,385· 3,216 29-9099 Healthcare Tee hnicat Workers, Other
($26,338) ($6,585) $14,700 $7,450 5,132 4,876 29-111 t Registered Nurses
($32,765) ($8,196) $13,089 $7,450 5,132 4,876 29,0000 Heallhcare PraclitionerfTechnical, Other
($19,149) ($4,787) $16,498 $7,450 1,720 1,634
($1,752) ($876) $8.347 $4,304 1,106 1,050 35-2014 Cooks, Restaurant
($11,380) ($i5,590) $18.906 $8,609 .4,545 4,318 11-9.051 Food Service Managers
($35,701) ($8,925) $12,360 $7,450 3,317 3,151 11-9081 Lodging Manages
($21,362) ($5,341) $15,944 $7,450 . '3,317 3,151 '11-0000 Management Occupations
$2,557 $1,278 $9,792 $3,973 860 817 41·9099 Sales and Related Workers, Other
($9,087) ($4,544) $20.656 $8,820 2,962 2,814 27-1022 Fashion Designers
($21,382) ($5,341) $15.944 $7,450 3,822 3,631 11·0000 Management Or;:cupations
$3,731 $1,865 $10,379 $3,973 764 726 43-3031 Bookkeeping, Accounting & Auditing Clerks
($12,116) ($6,058) .$18.538 $8,809 2,962 2.814 43·1011 Supervisors of OfficefAdmin Support
($19,149) ($4,787) $16,498 $7,450 3;822 3,531
. $1,266 $644 $9.158 $3,973 819 778 43-9199 OfficefAdministrative Support Workers
($11,711) ($5,856) $18.740 $8,609 3,003 2,853
($10,150) ($5,075) $19,521 $8,609 3,003 2,853
($16,948) ($4,237) $17,046 $7,450 655 622 .11-9032 Education Adminstrators, Elementary
$1,102 $551 $9,065 $3,973 205 195 43-902 t Data Entry Keyers
($16,345\ 1$61721 $16424. .$8,609 1,150 '1102 43-9011 Computer Opertors
136,500 129,675

I
Degree '~'ix of Student Populat'on
DiplomafOther 8% 10,920
:Associetes 31% 42,315
Bechelors 47% 64,155
Masters 7%· 9,555
Doctoral 7% 9,555
Total 100% 136,500
rogram MIX of Stucents
~~ Inslitute I:l
MedillArts 21% 28,665 Diploma 9%
Design 19"A. 25,935 Associates 27%
Heatth Sciences 16% 21,840 Bacllelor's 64~~
Behavioral Sciences 11% 15,015 Master's 0%
CUlinary' 9% 12,285 Doctoral 0%
Fashion 7% 9,555 Total 100%
Busi~ss 7% 9,555 Diploma 6,880
Lagal 5% 6,825 Associates 20,639
Education 4% 5,460 Bachelor's 48,922
Information Tech. 1% 1,365 Masters/Ph.D 0
Total 100% o Total 76440

Program Dip lOt her As',ocl.)tes Bachelor s Master's


Media Arts 2,580 7,740 18,346 o
oesign: . 2,334 7,002 16,598 o
Heatth Sciences. 1,747 6,770 10,265 1,529
Behavioral Sciences '.' 0 0 1,720 6,607
Cuinary . 1,100 4,545 6,634 o
Fashion 860 2,580 6,115 o
Business 764 2.962 3,822 1,338
Legal 819 6,006 0 o
Education 505 3,549 655 82
Information Tech. 205 1,160 0 o
Total 10,920 42,315 64,155 . 9,555
eakdown
Media Arts 37%
Design 34% Art Institutes: 76,500 students, 64% Bachelo(s, 27% Associate, 9% Diploma
Culinary 16% ArgosyU: 23,900 students, 39% PhD,.33% Maste(s, 22% Bachelo(s, 5% Assoc., 1% Dip.lOther
Fashion 13% Brown Mackie: 19,000 students, 79% Associate's, 17% Diploma, 4% aachelo(s
Other 0% South U.: 16,700 students, 56% Bachelo(s;33%Associates, 10% Maste(s, 1% Ph.D
Total 100%
Media Arts 28,283
Design 25,990
Culinary 12,230
Fashion 0
Total 76,440

Doctoral Total
o 28,665
o 25,935
1,529 21,840
6,689 15,015
o 12,285
o 9,555
669 9,555
o 6,825
669 . 5,460
a 1.365
9,555 136,500
Assumed Est. Est. Est.
% Current Non- Per Yr Debt
Program Cost Costfyr__ Financed Debt Financed Service
Diploma - Digital Print Production $16,632 $8,316. 77.6% $12,906 $3,726 $1,782
Associate • Digital Filmaking & Video Production $49,192 $24.596 77.6% $3&,173 $11,019 $5,272
IAssociate- Photography $49,192 $24.596 77.6% $38.173 $11,019 $5,272
Bachelo~s.~ Advertising $85,140 $21.285 7'7.6% $66.069$19,071 $9,124
Bachelo~s -Web Design & Interactive Media $65,140 $21.285 77.6% $66.069 $19,071 $9,124
Bachelo~s - Media Arts & Animation $.65,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Web Design $17,026 $6,514 77.6% $13,214 $3,814 $1,825
Associate· Graphic Design $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate -Industrial Design Technology $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelo~s - Game Art & Design $65,140 ·$21,265 77.6% $66,069 $19,071 $9,124
Bachalo~s . Industrial Dasign $65,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s - Interior Design $65,140 $21,285 77.6% $66,069 $19,071 $9.124
Diploma· Den.tal Assistant $17,026 $6,514 77.6% $13,214 $3,814 $1.625
Associate - Dental Hygenist $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate - Heaith Care Administration $49,192 $24,596 77.6% $38.173 $11,019 $5,272
Bachelo~s - Nursing $65,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelols - Health Sciances $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s • Behavioral Sciences $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma· The Art of Cooking $18,447 $9,224 77.6% $14,315 $4,132 $1,977
Associates· Culinary Management $49.192 $24,596 77.6°~ $38,173 $11,019 $5,272
Bachelo~s - Hotel & Restaurant Management $65.140 $21,285 77.6% $66,069 $19,071 . $9,124
Bachelo~s • Culinary Management $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma· Fashion $17.028 $8,514 77.6% $13,214 $3,814 $1,825
'Associates - Fashion Design $50.400 $25,200 77.6% $39,110 $11 ,290 $5,401
Bachelo~s Fashion & Retail Management $85.140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma. Accounting $17,028 $8.514 77.6% $13,214 $3,814 $1,825.
Associate - Office Management $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelo~s -Business Administration $85,140 $21.285 77.6% $66,069 $19,071 $9,124
Diploma - legal $17,028 $8;1>14 77.6% $13,214 $3,814 $1,825.
Associate· Paralegal· $49,192 $24.596 77.6% $38,173 $11,019 $5,272
Associate· Lagal $49,192 $24.596 77.6% $38,173 $11,019 $5,272
Bachelo~s • Education Adminstrators $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Information Technology $17,026 $8,514 77.6% $13,214 $3,814 $1,825
Associates - Infol1l1ation Technolo $49,192 $24,596 77.6% $38,173 $11,019 $5.272
Assumed DOE Acceptable Required Salary Debt Assumed Assumed Difference Difference
Salary Debtflncomc dcbt load starting Difference difference New Nelli In Tuilion In Tuition
~r BLS ratio per BLS salary Tuition Debt Level Per Year
$30,390 10% $3,039 $17,823 '$12,567 $1,257 516,632 n,6% $0 $0
$33,060 10% 53,306 $52,716 ($19,606) ($1,966) $34,959 68.5% ($14,233) ($7,117)
$20,~20 10% 52,062 $52,716 ($32,096) ($3,210) $25,951 57.5% ($23,241) ($11,621)
$54,500 10% 55,450 $91,238 ($36,738) ($3,674) $58,537 67.4% ($26,603) ($6,651) .
$56,940 10% $5,694 $91,238 (534,298) ($3,430) $60,303 68.4% ($24,837) ($6,209)
$41,710 10% $4,171 $91,238 (549,5~8J . ($4,953) . $49,275 61,3% ($35,865) ($8,966)
$28,140 10% $2,814 $18,248 $~,892 .'. '.' $98)'1 $17,028 77,6% $0 $0
$32,600 10% $3,26Q $52,n6 ($20,116) ($2,012) . 534~626. 68.2% ($14,566) ($7,263)
$27,930 10% $2,793 $52,716 (524,786) ($2,479) $31,244 64.7% . ($17,948) ($8,974)
$56,940 10% $5,694 591,238 ($34,298) ($3,430) $60,303 68.4% ($24,637) ($6,209)
$41,550 10% $4,155 $91,238 ($49,688) ($4,969) $49,159 61.2% ($35,981) ($8,995)
$34,620 10% $3,462 591,238 ($56,618) ($5,662) $44,141 56.8% ($40,999) ($10,250)
$26,980 10% $2,698 $18,248 $8,732 $873 $17,028 77.6% $0 $0
$55,220 10% $5,522 $52,716 $2,504 $250 $51,006 78.4% $1,814 $907
$30,200 10% $3,020 552,716 ($22,516) (52,252) $32,888 66.5% ($16,304) (58,152)
$51,640 10",1, $5,164 $91,238 ($39,598) ($3,960) $56,466 66.2% ($28,674) ($7.169)
$40,160 10% 54,016 $91,238 {$51,078} ($5,108) $48,152 60.4% ($36,988) ($9,247)
10% $0 $91,238 ($91,238) ($9,124). $19,071 0.0% ($66,069) ($16,517)
$18,230 10% $1,823 $19,768 ($1;538) ($154) 517,333 76.2% ($1;114) ($557)
$36,670 10% $3,667 . $52,716. ($16;0:46) ($1,605) $37,573 70.7% ($11,619) ($5,810)
$34,970 10% $3,497 $91,238 ($56,268) ($5,627) . 544,394 57.0% ($40,746) ($10,186)
$60,500 10% $6,050 $91,238 (530,738) ($3,074) $62,881 69.7% ($22,259) ($5,565)
$24:260 10% $2,426 $18,248 56,012. 5601 $17,028 77.6% $0 $0
$42,150 10% $4,215 $54,010 (511,860) ($1,186) . $41,812 73.0% ($8,588) ($4,294)
$60,500 10% $6,050 $91,238 (530,738) ($3,074) $62,881 69.7% ($22,259) ($5,565)
$26,350 10% $2,635 $18,248 $8,102 $810 $24,589 84,5% $7,561 $3,780
10% $0 $52,716 ($52,716) ($5,272) $11,019 0.0% ($38,173) ($19,086)
$64,440 10% $6,444 591,238 ($26,798) ($2,58()) $65,734 71.0% ($19,406) ($4,851)
10% $0 $18,248 ($18,248) ($1,825) . 517,028 77.6% $0 $0
$35;080 10% $3.608 $52,716 ($16,636) . ($1,664) . $37,146. 70.3% ($12,046) ($6,023)
$38,860 10",1, . 53.886 $52,716 ($13,856) (51,386) $39;159 71.9% ($10,033) (S5,017)
$68,360 ·10% 56,836 $91,238 (S22,ll7ll) (52,288) $68,573 72.2% ($16,567) ($4,142)
$21,670 10% 52,167 $18,248 $3,422 $342 $20,222 81:1% $3,194 $1,597
$27,830. 10% 52.783 $52,716· ($24;886)" ($2,489) . . '$31,172 64:7% ($18,020) ($9,010)
Est. Total 5% Cut
Non-Financed Students In Studcnts
Per Year Enrolled Enroilcd
$2,484 2,580 2,451
$5,510 3,870 3,676
$5,510 M70 3,676
$4,768 $1,192 1,132
$4,768 6,115 5,809
$4,768 6,115 5,809
$2,543. 2,334 2,217
$5,510 3,501 3,326
$5,510 3,501 3,321:1
$4,768 5,533 5,256
$4,768 5,533 5,256
$4,768 5,533 5,256
$2,543 1,747 1,660
$5,510 3,385 3,216
$5,510 3,385 3,216
$4,768 5,132 4,876
$4,768 5,132 4,876
$4,768 1,720 1,634
$2,755 1,106 1,050
$5,510 4,545 4,318
$4,768 3,317 3,151
$4,768 3,317 3,151
$2,543 860 817
$5,645 2,962 2,814
•$4,768· 3,822 3,631
$2,543 764 726
$5,510 2,962 2,814
$4,768 3,822 3,631
$2,543 819 778
$5,510 3,003 2,853
$5,510 3,003 2,853
$4,768 655 622
$2,543 205 195
$5.510 1,160 1,102
136,500 129a
EduaBtlon ......_ _ (EDMC)
(numbers kl thounnd~. utl~a.s oth«vri.se not~. FY end$ in SepternOor>

~m3~~Pri~Pro~ $16,6:12 $8,31G 6lS.0% $10,811 5,82'- $1,203 '''.-$30,390 8r. $2,43f $15,033 $15,357 $1,229 $27,676
Assocl8t~· OiOitR1 FilmllU1g"& Videa Production $-49,192 $24,596 65.0% $31,975 $17,217 $3,557. $33.060 8% $2',645 '$-44,4$2 ($11.402) ($912) $40,993
Aesocil'lte • PhotOgrMphy $-49,192 $24,590 '65.0% $31,975 $17,217 $3,557 $20.620 8% $1,&50 $44,4&2 ($23,842) ($1,907) $32,046
Badlljlun • Adwrti:lling $85,140 $21,285 &~.O% . $55,341 $29,799 $&,158" $54.500 8% $-4,~ $76,953 {$22,4531 ($1,796) $68,993
Btu.::heIOf"a. Web Oft. & ImrllCtive Media $85,140 $21,285 65.0% '$55,341 $29,799 $8,1511 $56.940 8r. $-4,555 $78,953 ($20,013) (51.601) $70.748
Badutlor'8 • M.dia Arts & Arirnelion $85,140 $21,285 65.0% $G5,341 $29,799 $6,156 $41.710 8r. $3,337 $78,953 ($35,243) ($2,819) $09,795
[)\>lorna • Web DesllJl $17,028 $8,514 65.0% $11,088 $5,960 $1,231 $28,140 8% $2,251 $15,391 $12,749 $1,020 $2e',197
A.. _t•. Gropti< Deoign $-49,1~ $24,596 65.0% $31,975 $17,217 $3,557 $32,600 8% $2,fi08 $-44,~ ($11,832) ($D49) $40,662
Ass_t•. 1 _ DeslIJl TodJnology $-49,192 $2A,596 '65,0% $31.975 $17,217 $3,557 $27,930 8% $2,234 $44,462 ($15.032) ($1,323). $37,303
Bachdon . Gemc Art & Design $85,140 $21,285 85.0% $55,341 $29,799 $6,156 $56.940 8% $4,555 $76,953 ($20,013) ($1,601) $70,748
Bam....... Ioduobl DooiIJl $85,140 $21,285 65.0% $55.341 $29,799 $8,I511 $-41.550 8r. $3,324 $78,1153 ($35,403) ($2,832) $59,680
Bachelot', ·!r(tuior Onlgh $85,140 $21,285 65.0% $55,341 $29,799 $6,156 $34,620 8% $2,nO $78,953 ($42,333) ($3,387) $54,696
D"loma-DenbllAoolobn $17,= $8,514 65.0% . $11,D68 $5,960 $1,231 $26,980 8% 52,158· 515,391 $11,589 $927 $25,363
Au_t. - DenllIl Hyger10t $-49,1~ $24,596 65.0% $31,975 $17,217 $3,557 $55,220 8% $-4,418 $44,462 $IO,7~& $MI $56.~9
AcIodale· Henrtl CIn Adm.,~tion $-49,192 $24,596 65.0% $31,975 $17,217 $'3,557 530,200 8% $2,41& $-44,4~ ($14.262) ($1,141) $311,936
8 - ' - ' - Nlnino $85,140 $21,285 65..0% $55,341 $29,799 $6,156 $51,640 8%' $-4,131 '$76,953 ($25,3131 ($2,025) ~,936

8_""·He"'"
Bacheb(f. •
$dencos
Behavklrat Sdences
$85,140
$85,140
$21,2a&
$21,285
65.0%
65.0'",
$55,341
'$55,341
$29,799
$29,799
$6,156
$6,156
$40.160
$64,440
8%
8%
$3,213
$5,1:55
$76,953
.$76,953
($311,793)
($12,5(3)
($2,943)
($1,001)
$68,680
$76,141
Diploma· The Art 01 Cooking $18,447 $9,224 65.0% $11,991 $6,456 $1,334 $18,230 8% '$1,458 $16.673 $1,557 $12~ $1'9.567
AsIoeIalts • Cu~nary Management $-49,192 .. $24,596 65.0% $31,975 $17,217 $3',557 $36.670 8% $2,934 $-44,w.! ($7,7921 ($623) $43,589
Bachelor'EO· Hotel & Re&t.a....antManagemenl: $85,140 $21,285 .65.0% $55,341 $29,799 $6,156 $34.970 8% $2,798 $76,953 ($41,983) ($3,359) $54,948
Bachelor's· Cc.Iinary Management $85,140 $21,285 &5,0% $55,341 $29,7911 $6,156 $60,500 8r. $4,840 $76,953 ($16,453) ($1,316) . $7.3,308
. Diplolllill- Flilhiol\ $17,028 $8,514 llM% 511,lI6a $5,950 $1,231 $24.260 8% $1,941 $15,391 $8.869 $710 $23,407
Au.oci1'ltltl'l • Fashion Dfiign $50,400 $25,200. 65.0% 5:12,760 $17,040 $3,644 $-42.150 8% $3,372 $-45,553 ($3,403) ($272) $47,952
9I1o:helor'" F1'lmon & R.t.it M~magfi!mli!nt $85,140 $21,280 6O.0\!'· $55,341 $29,799 $6,156 $60.500 8% $4,840 $75,85'l ($18,4531 ($1,318) $73,308
O1plom.· Acc:ounting $17,028 $8,514 65.0%' $11,068 $5,960 $1,231 $26,350 8% $2,108 $1~,391 $10.959 $877 $24,910
Asaoaate • Otfioe Mem~gemetlt $-49,192 $24,596 .65.0% $3t ,975 $17,217 $3,557' $35.360 8% $2,929 . $44,462 ($9,1021 [$728) $42,647
Bachelor'1S • BudlleM Admlnlstnllion $85,140 $21,285 65.0% $55,341 $29,799 $6',(56 $64.440 8% $5,155 ' $76,953 ($12,OI3) ($1,001). $78,141
~mill.Le031 $17,028 $8,514 .85.0% $11,088 $5,960 $1,231: $22,000 8% $1,760 515,391 $6,609 $529. $21,781'
Associate - Po<oIegal $49,192 $24,596 .~.O%. $31,8T5 $17,217 $3,557 $36.080 8% $2,8&8 '. $44,462 ($8,3821 ($671) $43,160\
Au.date - Legel $49,192 $24,G96 6lS.0% $31,975 $17,217 $3,057 $38.850 &% $3,loe $44,4$2 ($5,602) ($448)' $45,164
B~Ior'::; • EdI.JciUjon Admlnstrators $85,140 $21,285 .M.O% $55,341 $29,799 $6,156' $6lS.360 8% $5,459 .:57'8.953 ($8,5931 ($687). $78.961
DipfomiJ -Intormdon TeChnology $17,028 $8,514: ':65,0% $11.088 $5.960' $1,231' $21,670 8% $I,134 $15,391 $6,279 $502' . $2i;544
AssoolJ.t~. Infonnoildon Tectnolo $49.192 U9G .0% 1.9T5 J~-----.S3.~57 527,1130 8% $2,226 . $44,462 1$16,632) C$l,331} $37231

l:lnaIl 8iIMi1all IIIIILW l!IllIJl>I


A~ coct of edUClltion pe1' VlIar $UI,4II1 $17.1.BS ($~"') -I:1ll
2~dt'grl!l"!tntllcost . $...... $34,]71 ($4'~'1J -Ill'
4-Yr deRl"~ tollll cost $77.92& $f,I;741 ($',IIS) -I:1ll
A~SUlncd Ditference D'ftNt"nr:f'o Est. Tota! 5% Cut SOC
New In TIlII,nn In Tuitiull New Non Financed Students If] Students COl1f'o'\ Job Title
D4:Lt Lov~1 Pur Yu.u Tulllon PcrY('ar E:nrolle~ Enrolll'd rJ~'.ll<;I· '.i,~ ul ~II.lJ,;nl Pf.'J,JuIJli(,11

79.0% $11,0« $5,522 S13,838 $2,911 2,580 2,451 27-3099 Media ftnd Communi~tion WOlb,., CUltr D;JComatOthcr 8~ 10,920
58.0% (SO,I99) ($4,IDO) $20,496 $8,609 M70 3,676 27...032 Flm and Video E6to~ Asloc:illtn 31%.42,315
46.3% ($17,lolCl) ($8,573) S18,023 $8,609 3,870 3,876 21'4021 Phol_h... B.chelot'"s 47% 64, H5S
5M% (S18,147) ($4,037) $17,24a S7,450 6,115 5,809 11-2021 Adve:r&ino "Ild Pronlotio,~ Monagcrs Matern 7% 9,555
57.9% (SI4.3112) ($3,598) S17,687 S7,450 6,115 5,809 15-10Sl11 CompLrt$r $pttt;i.lillbI, Oltwe' Doctoral 7% 9.555

--
50.2% ($25,345) (SS,338) $14,949 S7,450 6,115 5,8D9 27·10'4 Muhitrwuh A"tiIItJ; and Animotol'5o ~
77.2% S9,169 $4,684 SI3,Im $ol97 2,334 2,217 43-9031 Oesl<lop_ rQ~H(tll1 r..I~)' \\1 ~:;tlldl·jflll>

57.7% ($8,630) ($ol,2G5) S20,331 $8,609 3,501 3,328 27-1024 arapt;e [)eslgnen>
53.8% (Sl',880) (S5,944) $18,652 S8,609 3,501 3,3U 27-1029· OIilQigntr., other 21% 26,665
57.9% ($14,392) ($3,598) $17,687 $1,450 5,533 5,256 0ca1V> 19% 25,935
50.1% ($25,460) (SS.305) $14,920 17,450 5,533 5,256 27-1021 Coimm"ciol.nd InduoI>* Doo/glOl. H.aId1 SCienceS 16% 21,840
45.5% ($30,444) ($7,611) $13,874 $7,450 5,533 5,256 27-1,025 _,Oeslgnen; Beh..... oraI ScMnca Ill" 15,01G
76.5% $8,335 $ol,I67 $12.601 $3,973 1,747 1,6ED 31<1091 O"'blI_ C&.fnuy 9% 12,285
69.6% $7,737 $3,889 $28,46$ . $M09 3,385 3,216 31 ~I2 OCCUpaf..,., Thcroplst J\Ide$ F_ . 7% 9,555
55.8%
55.6%
.. ($10,266) ($5,128) .
($4,5111)
$19.43&
$16,734
$8,809
$7,450
3,3M
5,132
3,218 29-9099 Hcattloare Teo hnloa1WoOcMi, Other .
29-1111 Regb1tred ......
-.
legal
7%
5%
9,555
6,825
($18,ZO" 4,076
492% ($26,460) ($6,61~) $14,670 $7,450 5,132 4,878 29-0000 Hcal!loiJre PracWonerfTechnlcal, Oh~ E<llca~on 4% 5,460
60.9% ($8,999) t$2,250) $19,03$ $7,450 1,720 1,634 lnformaijon Tech. 1% 1
67.0% $1,120 $S60 $9,783 $4,304 1,106 1,0~ 35-2014 Coob, R.~nt Total 100%
60.611 (S5,603) ($2,802) $21,794 $8,609 4,545 4,318 11-90~1 Food Scrvloc M'ana'fel!i
45.8% ($30,1921 ($7.&16) $13,737 S7,450 3,317 3,151 11-9081 LodQi'lg Manoges
59.4% ($11,832) ($2,958) $18,327 $7,490 3,317 3,151 11.QOOO M;"IlNg6Inren1 Oecupatiorti MedlaArtSl "2,1l80 7,740
74.9% SS.379 $3,189 $11,703 S3,973 860 817 4t~99· Sillies tlInd Re:I"te:d Workl"ll"l"l. OtllMr Oeoion .'2,33-4 7,002
83.2% ($2,«01 ($1,224) $23,976 $8,820 2:962 2,614 27-1022 FashionOMIgnere. H$atth Sciences 1,747 6,770
58.4% ($11,0321 ($2,950) $lU,327 $7,450 3,822 3,831 11.()OOO Management Occupations. BehaYiOCl'lI Sc::ionces 0 0
78.1% . $7,01l2 $3,941 $12.455 $3,973 764 726 43-3'031 BookkeePIng, Ao<ou11Ins & AudiUng CI.rIcs Culhory 1.106 4,545
~9.G% 43-1 011 ~Orvit:Of. ot OMce/Admin Support Fashion 1160 2,5&0
60.9%
72.6°,4
.($G;545}
($8,999}
$4,7S3
($3,273)
($2,250)
$2,377
$21,323
$19,035
$10,891
$8,809
$7,4$1)
$3,973
2.962
3,822
810
2,614
3,63'
776 4~9199, Offi<elA,h........ otiv. So4>pool W..k...
-..
b,~1
764
819
2,~
6,DOG
60.1% (SS,028) ($3,014) $21,682 $8,609 3,003 2,953 Educotioo 60S 3,649
61.'1% ($ol,02S) . {$2.0141 $22,582 $8,609 '3,003 2,053 lntormution Tcd'I.. . 206 1160
62.3% (SS,(79), '($1,6451 $19,740 $7,~,: 655 622 11-9032' Educ.lion Admiml"".,., E1........ry Tolol ,10.920 42,31$
n.3% $4,516 $2.258 $10,772 $3,973, 205 195 '4~9021 : DOl. Encrt I<~ ..
53.8% (111,981) ,1$5.98DI $18.616 . $8,609 1160 11 4J.lI01l comp"'....O p _
138.500 129,675
9% McchAlt;
27% o..q,
64% ·CUin"Y
1M l.lriues: 76,500 5ludem,.64%e_o,
hgosy U: 23,900 _ , ~9% PhD. 33% M_r., 22%
_.la,0._.,
27\1. Il% c;pom. .
~% _ . 1% Dj>JOt>e,
0% Fallhton
0% Other-
0.""",1,1'-: 19,000 """eNs, 79% Aos_'c"" Bachelor.
17% Dlpl....., 4%
Souf> U.: 16,700 -lis. 56% lladle1oI'o, 33% Asoodaleo, 10% Mol....... 1% PhD
~
15,680 M~a Nt8
20,~:l9 Delilln
48,922 Culrwy
o Fashion
76.440 Total 76.440

18,346 o o 28,636
16,598' o o 25,935
10,265'· 1,629 1.629 21,""0
1,720 6,607 6,689 lB,OI~
6,634 o o 12,285
6,115 o o 9,555
M22 1,33~ 669· 9,555.·
o o '0 6,~
G5S 82 ~9 5,460
o· o -~
64.155. 9.M5 9,555 136,500
,j

~rrilil- OiyitafPiw Production -----w~-;~j2 88,316 77:6%- 812,906 $3,726 $1,782 $30,390 10% $3,039 $17,!:!3 SI2,~_ 81,257 $16,632
Ae.!5cici8t" - Digitwl FlImllldng & Video Production $49,192 $24,5Jl6 77-.6% S38,173 S11,019 $5,272 $33,060 10% $3,306 S52,716 (SI9,6~) (Sl,966) $34,959
Aooociot. - Pt"lt.S"'ph)' $49,192 $24.596 77.6% S38,173 S11,019 $5,272 :$20,620 10% 82,062 $52,716 ($32,096) ($3,210) $25,951
Bododo<'> - Adv<l1l>inlI U5,1~0 821,285 n.6% $66,069 S1.9,071 $9,124, $54,500 10% 5M:50 891,238 (83G,1~) (S3,67~) S58.537
BIicheb'M - W4tb 0t:sI~ & Interactive Media m,1~O $21,285 77-.6% $66,069 519,071 $9,124 $56,940 10% 55,694 891,238 ($34,298) (83,430) -'$60,303'
a.dwb'a - Melia ,Arts & Animation m,140 $21,285 77.6% $66,069 '19,071 $9,124 $41.710 10% $4,m 891,238 ~9,~28) ($4.953) $49,275

IAoGocl... - _Ill
llipIomo - Web Deolw1
:_1Ite - GrlIpNo Deoign
DeoilJ'T_ogy
IBachelor's - Game Ar1 & oesi",
S.d".klI~ -1ndustt1e1 DesilJ'
817,028
, $49,192
$49,192
$85,140
$85,140
$8,514
$24,696'
$24,596
521,266
$21,285
77.6%
77.6%
77-.6%
77.6%
77.6%
$13,214
$38,173
S38,173
$66,069
$66,069
$3,814
811,019
$11,019
$19,071
$19,071
$1,825
$5,272
$5,272
S9,124
$9,124
$28,1~
$32,600
$27,930
$56,940
$41,550
10%
10%
10%
10%
10"
$2,814
$3;260,
52,793
$8,6G4
$4,155
$18,248
$52,716
$52,116
$91,238
S91,238
$9,892
($20;116)
,($24,788)
($34,298)
($49,888)
$989
($2,012)
($2,479)
($3,430)
(S4,~9)
$17;028
$34,82l1
S31,244
$60,303
$49,159
Bac:helOf's -lnt.erior 0 • • $85,1~ $21,285 77.6% $86,069 S18,071 $9,124 S34,620 10% $3,482 S91,238 ($56,618) (S5,662) $44,141
Dlplqma - o."",l_nl $17,028 $8,5" 11.5"/0 $13,214 $3,814 $1,825 $26,980 10% $2,698 $18,2~8 88,732 $873 $17,028
IAseode1e - Dentol Hygenist $49,192 $2~,596 17.6"/0 $3&,173 SI1,019 $5,272 $55,220 10% $5,522 $52,716 S2,50< $250 S51,00ll
Atmociat. - H...tlh Cere Administration $49,192 $24,686 77-.6% $38,173 $11,019 $5,272 S3o,2DD 10% $3,020 ' $52,716 ($22,616) ($2,252) $32,888
Bocf101.... - N,..ag $86,140 $21,285 77.6% $58,069 $19,071 $9,124 $51,640 10" $5,16~ $91,238 ($39,598) ($3,96°) $56,466
Bad'llllcc'a - H..'''' Sciences $86,140 $21,285 77.6%, $66,068 S19,o71 $9,124 , $40,160 10% $4,818 $91,238 (851,078) ($5,108) $48,152
Badtehw'8 - 8ehmon' Sc:ilmce$ S86,14O $21,255 77.6% $86,0li9 S19,071 $9,124 10% SO $91,238 ($91,238) (S9,124) $19,071'
~kun• • n.. An of Cooking SI8,447 $9,224 77.6"1. $1-1.315 $4,132 $1,977 S18,230 10% SI,823 819,768 ($1,538) ISI54) $17.333
AsaCJ:d8ICi - Cuif".'Y Management . $49,192 $24,596 ' 77.6% $38,173 S11,019 $5,272 $36,670 10% $3,661' ' $52,716 ($16,1I4ll) ($1,605) $37,573
e.<:heSor'llI - Hot. & Rliis1aoolnt Management $88,140 $21,285 77.6% ~,0li9 $19,071 $9,124 $34,970 10% $3,~97 $91,238 ($56,268) (SM27) $44,394
Bame:br's - CcAinary M~"agemli!nt $85,140 $21,285 77.6"10 $06,069 S19,071 89,124 $60,500 10% $6,050 $91,236 ($30,738) ($3,074) 802.881,
Olplom.a - Fashion 817,028 $8,61~ 77.6% S13,214 S3,814 81,825 $24,260 18% $2,426 '$18,248 $8,012 $601 $17,028
' $50.~00
·:I=~~:~:=~::~MDnagemem
$25,200 77.6% S39,ll0 S11,290 S5,401 $42,150 10% $4,?16 $64,010 ($11,860) ($1,186) $41,812
SUS,140 $21,285 77.6% $66,069 S19,071 $9,124 860,500 10% $6,050" $91,238 ($30,738) ($3,074) '$62,881
Diplomn -"""""""'0 817,028 88,51~ 77.6% S13,214 $3,814 SI,!:!6 $26,350 10% 82,835 '$18,248 $8,102 $810 , $24,569
Asroctate - Oftl<::e MMlI(Jemem $49,192 $24,696 77:B" $38,173 S11,019 $5,272 10',4 SO' , $52,716 ($52,7161 ($5,272)' $'11,019
BIICheIo(.-B_M~ 885,140 $21,286 77.6". $68,069 S19,07t $9,124 $64,440' 10% $6,~4 $9t,238 ($28,798) ($2,6801 . $65,73,1
Diploma - Loga/ S17,028 $8,514 71.6", $13,214 $3,814 81;825 111% SO. 818,2~8 (S18,248) ($1,8251 $11;028
IAssodatc ~ Paralegal S49,192 $24,596 71.6" $38,173 $11,019 ·$5,272 $36,080 10% $3,608$52,716 ($15,5Je) (81,66~), I ,$37,146
'AsaodMc - legal $49,192 $24.596 77.6% . S38,173 S11,019 $5,272 $38,MO 10% $3,886$52,716 ($13,856) (81,388) $39,159
Bachelor's - Education AdmHlstrators $85,140 '$21,285 17.6" $66,069 $19,071 S9.124 $68,360 10% $6,838
,S91,238 ($22,878) (82,288) $68,573'
Diploma ·lnfonnaOOn Technology S17.028 $8,514 77.6% $13,214 $3,814 SI,625 $21,670 111% S2.167$18,248 $3,422 , $342, $20,222
Associates -Information Tecmoloav $49.192 $24,596 ,77.6% S38,173_ $11.019 ,$,.272 ,$2U30
_ _ _ _IO% $2,7~ $52.716 [S24,886) , (S2489) S31172
77.6% $0 $0 $2,484 2,580 2,451
68.5% ($14,233) ($7,117) $~,510 3,870 3,676
57.5% ($23,241) ($11,621) 55,510 3,870 3,676
67.4% ($26,603) ($6,651. 54,788 51,192 1,132
68,4% (524,837) ($6,209. 54,768 8,115 5,SOO
81,3% ($35,865) ($8,966) 54,788 8,115 5,!ll9
77.6% $0 $0 $2,543 2,334 2,217
68.2% ($14~ ($7,283) $5,510 . 3,$01 3,~
64,7% ($17,_) (SS,974) $5,510 3,501 3,32ll
88.4.% ($24,837) ($6,209) 54,788 5,533 5,256
61.2% ($35,981) ($8,995) 54.76<1 5,533 5,256
56,8% (540,999) ($10,250) 54.768 5,533 5,256
77.e% $0 $0 $2,1>43 1,747 '1,660
7804% $1,814 $907 $5,610 3,385 3,216
68,5% ($18,304) ($6,152) $5,510 3,385 3,218
88,2% ($28,874) .($7,169) 54,768 5,132 4,878
80.4% (536,988) ($9,247) $4,758 5,132. 4,876
0.0% ($66,069) ($16,517) 54,768 1,720 1,6304
762% ($1,114) ($557) $2,755 1,106 . I,D$O
70,7110 ($11,619) ($5,810) $5,510 4,545 4; 318 1
57.0% (540,746) ($10,188) $4,768 3,317 3,151
69.7% ($22,259. ($5,565) $4,768 3,317 3,151
77.6% $0 '$0 $2,543 880 817
73.0% ($8,688) ($4,294) .$S,l5015 2,962 '2;814
6U% ($22,259) ($5.565) 54.768 3,822 3,631
64.5% $7,561 . $3,780 $2,543 7M 7Z6
0.0% ($38,173) ($19;086) $5,510 2,962 '2,814
7l.D% ($19,<06) ($4,851) 54,768 3,822 . 3.631
77.G% $0 .$0 $2,543 819 .' 778
70.3% ($12,046) ($6,023) $5,510 3,003 2,853
71.9% ($10,033) ($5,017) $5,510 3,003 2,853
72.2% (516,567) ($4,142. 54,788 655 . 622
81.1% $3~1~ $1,597 $2,543 205 195
64.7% ($18020) . {$90101 $5510 1160 1102
136,500 129,675
Education Management (EDUC)
(numbers in thousands, unless' otherwise noted, FY ends in September)

Education Mana~ement Assumed Est.


Tuition Costs & ~'; Current
Debt Burdens Program Cost CosUyr Financed Debt
Dipl.oma - Digital PrinfProductlon' $16,632 $8,316 . 65.0% $10,811
Associate- Oigital'Fiimaking,&'VideoPrOduc1lon $49,192 $24,596 65.0% $31,975
Asso.ciate • Photography' . $49,192 $24,596 65.0% $31,975
Bach~lci~s - Advertising $85,1'40 . '$21,285 65.0% $55;341
Bachelo(s - Web Design & Interaclive Media $85,140 $21,285 65.0% $55,341
Bachelo(s - Media Arts &: Animation $85,140 $21,285 65.0% $55,341
Diploma· Web, Design $17,028 $8,514 65.0% $11,068
Associate - Graphic Design $49,192 $24,596 65.0% $31,975
Associate - Industrial Design Techno'.ogy $49,192 $24,596 65.0% $31,975
Bachelo(s - Game Art & Design $85,140 $21,285 65.0% $55,341
Bachelo(s - Industrial Design $85,140 $21,285 65.0% $55,341
Bachelo(s - Interior Design $85,140 $21,285 65.0% $55,341
Diploma - Dental Assistant $17,028 $8,514 65.0% $11,068
Associate - .Dental Kygeftist .. $49,192 $24,596 65.0% $31,975
. AssQciate- Heall/l Care Administration '.$49,192 $24,596 65.0% $31,975
Bachelq(s - Nursing $85,140 $21,285 65.0% $55,341
Badlelo~s • Health ScIences '$85,1.40 . $21,265 65.0% $55,341
Bachelor's - Behavioral Sciences $85,140 $21,285 65.0% $55,341
Diploma c The Art of Cooking $18,447 $9,224 65.0% $11,991
Associates - Culinary Management $49,192 $24,596 65.0% $31,975
Bachelor'S - Hotel & Restaurant Management $85,140 $21,285 65.0% $55,341
Bachelor's - Cuinary Management $85,140 $21,285 65.0% $55,341
Diploma· Fashion $17,028 $8,514 65.0% $11,068
Associates - Fashion Design $50,400 $25,200 65.0% $32,760
Bachelor's Fashion & Reta~ Management , $85,140 $21,285 65.0% $55,341
, . Diploma - Accounting. " $17,028 $8,514 ,65.0% $11,068,
'A~ate - OfficilMa.nagement, ',,' '$49,-192 ,$24,596' 65.0% $31,975.
ElachelOr's'- Busines's Administreticiri . $65,140 $21,285 65.0% $55,341
,DiPloma - Legal. -. ' $17,028. $8;514 65,0% $11,068
Associate - Parelegal $49,192 $24,596 65.0% $31,975
Associate - Legal $49,192 $24,596 65.0% $31,975
Bachelor's - Education Adminstrators $85,140 $21,285 65.0% $55,341
Dlplom'a - Information Technology, $17,028 $8,514 65.0% $11,068
Associates - Information Technolo' $49.192 $24,596 65.0% $31,975

Q.!.!:wU AlllIImlI ~
Average cost of education per y~r $19,481 $18,748 ($734)
2-yr decree total cost $38,96~ $~7,496 ($1,467)
4-yr degree tolal cost sn,926 $74,991 . ($2,935)

~ .
Est. Est. Assumed DOE Acceptahle Required Salary Debt Assumed Assumed
Non- Per Yr Debt Salary Debtiincome debt load starting Difference difference New New
Financed Service per BLS ratio per BLS salary Tuition Debt Level
$5,821 $1,045 $30,390 8% $2,431 $13,064 $17,326 $1,366 $30,970 61,2%
$17,217 $3,091 $33,060 8% $2,645 $36,636 (~,578) ($446) $44,576 61.4%
$17,217 $3,091 $20,620 6% $1,650 $:j6,636 '($16,018) ($1,441) $34,281 49.8%
$29,799 $5,350 $54,500 8% $4,360 $66,673 ($12,373) ($990) $74,900 60.2%
$29.799 $5,350 $56,940 6% $4,555 $66,6/'3 . ($9,933) ($795) $76,920 61.3%
$29,799 $5,350 $41,710 6% $3;337 .$66,673 ($25',163) (~2,013) $64,316 53.7%
$5,960 $1,070 $26,140 6% $2,251 $13,375 $14,765 $1,161 $29,247 79.6%
$17,217 $3,091 $32,600 6% .$2,606 $38,636 ($6,036) ($463) $44,195 61.0%
$17,217 53,091 527,930 6% $2,234 $36,638 ($10,i08) (5657) $40,331 57.3%
$29,799 55,350 $56,940 8% $4,555 $66,673 ($9,933) ($795) $76,920 61.3%
$29,799 $5,350 $41,550 6% $3,324 $66,673 ($25,323) ($2,026) $64,184 53.6%
$29,799 $5,350 $34,620 6% $2,nO $66,873 ($32,253) ($2,580) $56,449 49.0%
$5,960 $1,070 $26,960 6% $2,156 $13,375 $13,605 $1,066 528,287 78.9%
$17,217 $3,091 $55,220 8% $4,418 $36,636 $16,582 $1,327 $62,914 72.6%
$17,217 '$3,091 $30,200 8% $2,416 $38,636 ($6,438) ($675) $42,209 59.2%
$29,799 $5,350 $51,640 8% $4,131. $66,673 ($15,233) ($1,219) $72,534 56.9%
$29,799 $5,350 . $40,160 6% $3,213 $66,673 ($26,713) ($2,137) 563,033 52.7%
$29,799 $5,350 . $64,440 8% $5,155 $66,673 . ($2,433) ($195) $83,126 64.2%
$6,456 $1,159 $16,230 8% $1,45!! $14,489 $3,741 $299 $21,543 70.0%
$17.217 $3,091 $36,670 6% $2,934 $36,636 ($1,966) ($157) $47,563 63.8%
529,799 $5,350 $34,970 6% $2,796 $66,673 ($31,903) (52,552) $56,738 49.3%
$29,799 $5,350 $60,500 6% $4,840 566,673 ($6,373) ($510) $79,866 62.7%
$5,960 $1,070 $24,260 6% $1,941 $13,375 $10,665 $671 $26,036 ·77.1%
$17,640 $3,167 $42,150 8% $3,372 $39,587 $2,563 5205 $52,521 66,4%
$29,799 $5,350 $60,500 6% $4,840 $66,673 . ($6,373) (5510) $79,866 62.7%
}- $5,960 $1,070 $26,350 6% $2;108 $13,375 $12,975 $1,038 $27,766 78.5%
$17,217 $3,091 $35,360 6% $2,829 $38,636 ·(53,276) ($262) $46,479 63.0%'
$29,799 $5,350 $64,440 6% $5,155 $6£,873 ($2,433) ($195) $83,126 64.2%
$5,960 $1,070 $22,000 8% $1,760 $13;375 56,625 5690 $24,166 75.3%
$17,217 $3,091 $36,080 8% ·$2,ll86 $38,638 . (52,558) . (5205) $47,075 63.4%
$17.217 $3,091 $38,860· 8% $3,109 .. $36,638 $222 $18 $49,376 65.1%
$29,799 ~,350 $68,360 8% 55,469 $66,873 $1,467 $119 $66,370 65.5%
$5,960 $1,070 $21,670 8% $1,734 $13,375 $8,295 $664 .$23,893 75.1%
l1Z.217 g091 $27,630 8% $2,226 $36,636 ($10,808) (5865) $40,248 57.2%

~
-4%
-4%
-4%
Difference Difference Est. Total 5% Cut SOC
In TUition In TUition New Non·FlI1anced Students In Students Codes Job Title
Per Year TUilIon Per Year Enrolled Enrolled
$14,338 $7,169 $15,485 $2,911 2,580 2,451 27-3099 Media and Communiciilion Workers, Other
(S4,616) ($2,308) $22,288 $8,609 3,870 3,676 27-4032 Film and Video Ednors
($14,911) ($7,455) $17,141 $8,609 3,870 3,676 27-4021 Photographers
, ($10,240) ($2,560) $18,125 $7,450 6,115 5,809 11-2021 Advertising and Promotions Managers
($8,220) ($2,055) $19,230 $7,450 6,115 5,809 15-1099 Computer Specialists, other
($20,824) ($5,206) $16,079 $7,450 6,115 5;809 27-1014 Multimedia Artists and Animators
,$12~19 $6,109 $14,623 $497 2,334 • 2,217 ,4~-90~1 Desktop Publishers
,',(S4,997) ($2,498) $22,098, $8.609 3,501 ' 3,326 '27-1024 Graphic Designen;
(S8,861) ($4,431) $20,165 $8,609 '3,501 '3,326 27~1 029 Designers, Other
($8,220) ($2,055) S19,230 $7,450 5,533 5,256
(S20,956) ($5,239) , $16,046 $7,450 5,533 5,256 27-1021 Commercial and Industrial Designers
($26,691) ($6,673) $14,612 S7,450 5,533 5,256 27·1025 Interior Designers
$11,259 $5,630 $14,144 $3,973 1,747 1,660 31-9091 Dental Assistants
$13,722 ' $6,861 $31,457 S8,609 3,385 3,216 31-2012 Occupational Therapist Aides
($6,983) ($3,491) $21,105 $8,609 3,385 3,216 29-9099 Healthcare Tee hnieal Workers, Other
($12,606) ($3,152) $18,133 $7,450 5,132 4,876 29-1111 Registered Nurses
($22,107) ($5,527) $15,758 $7,450 5,132 4,876 29-0000 Heanhcare Praet~ionerfTeehnieal, Other
($2,014) ($503) $20,782 S7,450 1,720 1,634
$3,096 $1,548 $10,771 $4,304 1,106 ' ,1,050 ' 35-2014 Cooks, Restaurant
($1,629) (S814) $23,782 $8,609 4,545 4,318 11:-9051 Food Service Managers
($26,402) ($6,600) $14,686 $7,460 ,3,317 3,151 ' 11-9081 Lodging Manages
($5,274) ($1,319) $19,966 $7,450 3,317 3,151 11~0000Management Occupations
$9,008 $4,604 $13,018 $3,973 860 817 41-9099 Sales and Related Workers, Other
$2,121 $1,061 $26,261 $8,820 2,962 2,814 27-1022 Fashion Designers
(S5,274) ($1,319) $19,966 $7,450 3,822 3,631 11-0000 Management Occupations
S10,738 $5,369 $13,883 $3,973 764 726 43-3031 Bookkeeping, Accounting & Auditing Clerks
($2,713) ($1.356) $23;240 $8,609 2,962 ' 2,614 43-1011 Supeniisors of.OfficelAdmin Support
($2,014) ($503) $20,782 $7,450 3,822 3,631
$7,138 $3,569 $12,083 $3,973, 819 778 43-9199 Office/Administrative Support Workers
($2,117) ($1,058) $23,538 $8,609 3,003 2,853
$184 $92 $24,688 $8,609 3,003 , 2,653
S1,230 $308 $21,593 $7,450 655 622 11~9032 Education Admin$l1'ators, Elementary
S6,865 $3,432 $11,946 $3,973 205, ,195 43-9021 Data Entry Keyers
, ($8,944) ($4472\ $20124 $8609 ,1160' lHl2 43-9011 Computer Opertors
136,500' 129,675

I
De·;;ree 'vlix of 51_dent Fopulation
DiplOma/Other 8% 10,920
ssociates 31% 42,315
Bachelo(s 47% 64,155
Maste(s 7% 9,555
DOCloral 7% 9.555
Total 100% 136,500
rag-an MIX cf StlJde""~s
An 'ns:ltu:e 5
Media Arts 21% 28,665 Diploma . 9%
Design 19% 25,935 IAssociates 27%
Heallti SCiences' 16% . 21,840 Bachelo(s 64%
Behavioral Sciences 11% 15,015 Masle(s O",{,
Culinary 9% 12,285 Doctoral 0%
Fashion 7% 9,555 ToW 100%
Business 7% 9,555 Diploma 6,880
Legal 5% 6,825 Associates 20,639
Education 4% 5,460 Bachelo(s 48,922
Information Tech. 1% 1,365 Maste(siPh.D 0
Tolal 100% o Total 76440

Proqrarn DIp IOther I\s~(Jcl(.tes Bachelor's Master's


Media Arts :2,580 7,740 18,346 0
~sign. 2,334 7,002 16,598 . 0
Health Sciences '. 1,747 6,770 10,265 1,529
"B&hailioral Sciences 0 0 1,720 6,607
Culinary 1,106 4,545 6,634 0
Fashion 860 2,580 6,115 0..
Business 764 2,982 3,822 1,338
Legal 819 6,006 0 0
Education 505 3,549 655 82
Informalfon Tech. 205 1,160 0 0
Total 10,920 42,315 64,155 9,555
eakdown
Media Arts 37%
Design 34% Artlnst~utes:76,500 students, 64% Bachelors, 27% Associate, 9% Diploma
Culinary 16% Argosy U: 23,900 students, 39% Ph.D, 33% Masters, 22% Bachelors, 5% Assoc., 1% Dip.101her
Fashion 13% Brown Mackie: 19,000 students, 79% Associate'.s. 17% Diploma, 4% Bachelors
Other 0% $ou1h U.: 16,700 students, 56% Bachelo~s,33%Assocj;;ites, 10% Mas1ers, 1% Ph.D
Total 100%
Media Arts 28,283
Design 25,990
Culinary 12,230
Fashion 0
Total 76,440

Doctoral Total
o 28,665
o 25,935
1,529 21,840
6,689 15,015
o 12,285
o 9,555
669 9,555
o 6,825
669 5,460
o 1,365
9,555 136,500
Assumed Est. Est. Est.
% Current Non· Per Yr Debt
ProrJram Cost Costlyr Financed Debt Financed Service
Diploma· Digital Print Produdion $16,632 $8,316 77.6% $12,906 $3,726 $1,782
Associate - Digital Filmaking & Video Produdion $49,192 $24,596 77.6% $36,173 $11,019 $5,272
Associate - Photography $49,192 $24,596 77.6% $36,173 $11;019 $5,272 .
Bachelo~$ - Advertising $85.140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s - Web Design & Interadive Media $65,140 $21,285 77.6% $66,069 $19,071 $9,124
Bechelo~s - Media Arts & Animation $85,140' $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Web Design $17,028.· .' $6,514 .77.6% $13,214 $3,814 $1,825
IAssociate - Graphic Design $49,192 .$24,596 77.6%' $36,173 $11,019 $5,272
Associate - Industrial Design Technology $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelo~s - Game Art & Design $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s -Industrial Design $85,140· $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s - Interior Design $85,140 $21,285 77.6% $66;069 $19,071 $9,124
Diploma - Dental Assistant $17,028 $8,514 77.6% $13,214 $3,814 $1,825
Associate - Dental Hyganist $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate - Health Care Administration $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelo~s - Nursing $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s - Heaith Sciences $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s - Behavioral Sciences $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - The Art of Cooking $18,447 $9,224 '77.6% $14,315 $4,132 $1,977
Associales - Culinary Management $49,192 . $24,596 77.6% $38,173 $11,019 $5,272
Bachelo(s - Hotel & Restaurant Management .$85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo~s - Culinary Management $85,140 $21,285· . 77.6% $66,069 $19,071 $9,124
Diploma - Fashion $17,028 $8,5t4 77.6% $13,214 $3,814 $1,825
Associates - Fashion Design $50,400 $25,200 77.6% $39,110 $11,290 $5,401
Bachelo~s Fashion & Retail Management $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma· Accounting $17,028 $8,5t4 77.6% $13,214 . $3,814 $1,825
iAssociate - Office Management $49;192 $24,596 77.6% $38,173 .$11,019 $5,272
Bachelo~s - Business Administration $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Legal $17,028 $8,514 77.6% $13,214 $3,814 $1,825
IAssociate -. Paralegal $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate· Legal $49,t92 $24,596 77.6% $38,173 $11,019 $5,272
Bachelo~s - Education Adminstrators $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma -Ihformation Technology $17,028 $8,514 77.6% $13,214 $3,814 $1,825
Associates - Information TechnoloGv $49,192 "$24,596 77.6% $38,173 $11,019 $5,272
Assumed DOE Acceptable Required Salary Debt Assumed Assumed Difference Difference
Salary Debt/income debt load starting Difference difference New New In Tuition In Tuition
per BLS ratio per BLS ~"L. Tuition Debt Level Per Year
$30,390 10% $3,039 $17,623 $12,567 $1,257 $16,632 77.6% $0 $0
. $33,060 10% $3,306 $52.716 ($19,656) ($1,966) $34,959 66.5% ($14,233) ($7,117)
$20,620 10% $2,062 $52,716 ($32,096) ($3,210) $25,951 57.5% ($23,241) ($11,621)
$54,500 10% $5,450 $91,238 ($36,736) ($3,674) $56,537 67.4% ($26,603) ($6,651)
$56,940 10% $5,694 $91,236 ($34,298) ($3,430) $60,303 68.4% ($24,837) ($6,209)
$41,710 10% $4,171 $91,238 ($49,528) ($4,953) $49,275 61.3% ($35,865) ($8,966)
$28,140 10% $2,814 $18,246 $9,892 $989$17,028 77.6% $0 $0
$32,600 10% $3,260 $52,716 ($20,116) ($2,012) $34,626 68.2% ($14,566) ($7,283)
$27,930 10% $2.793 $52,716 ($24,7a6) . (52.479)' . $31,244 64.7% ($17,948) (58,974)
$56,940 10% $5,694$91,238 ($34,298) ($3,430) $60,303 66.4% (524,637) ($6,209)
$41,550' 10'% $4,155 $91,238 ($49,688) (54,969) $49,159 '61.2% ($35,961) ($6,995)
$34,620 10% $3,462 $91,238 ($56,616) ($5,662)$44,141 56.6% ($40,999) ($10,250)
526,980 10% $2,696 $18,248 58,732 5873 $17,028' 77.6% $0 $0
555;220 10% $5,522 $52,716 $2,504 5250 $51,006 78.4% $1,814 $907
$30,200 10% $3.020 $52,716 ($22.516) ($2,252) $32,886 66.5% ($16,304) (56.152)
$51,640 10%$5.164 $91,238 (539.598) ($3,960) $56,466 66.2% ($28,674) (57,169)
$40,160 10% $4.016 $91,238 ($51,078) ($5,1Da) $48,152 60.4% ($36,988) ($9,247)
10% $0 $91,238 ($91.238) ($9,124) $19,071 0.0% ($66,069) (516,517)
$18,230 10% $1,823$19,768 ($1,538) ($154) $17,333 76.2% ($1,114) ($557)
$36.670 10% $3,667 $52.716 ($16,046) ($1,605) $37,573 70.7% ($11.619) ($5,610)
$34,970 10% $3,497 591,238($56,268) ($5,627) $44,394 57.0% ($40,746) ($10,186)
$60,500 10% $6,050 591,238 ($30,738) ($3,074) '562,881 69.7% ($22,259) ($5,565)
$24,260 10% $2,426$18,248 . $6,012 $601 517.028 77.6% $0 $0
$42,150 10% $4,215 $54.010 '($11,860)($1,186) 541,8'12. 73.0% ($8,586) ($4,294)
$60,500 10% $6,050 59U38 . ($30:138) ($3,074) $62,881 69.7% ($22,259) ($5,565)
$26,350' 10% $2,635 $18,248 '$8,102 $810 S24,589. 84.5% $7,561 $3,780
_..- _ __ . , -..·10%· .. ···-· .. $0. ······$52.-716-· ($52;7161 _. ··(55;272)·· · $11;019 · ..·.O,OOA, ·($38;173) .. ($19,086)·,
$64.440 100;. $6,444 $91,238 ($26,798) ($2,680) $65,134 71,0% ($19,406) ($4,851)
10% $0 $18,248 ($18,248) ($1,825) $17,028 77.6% SO $0
$36.080 1OO/. 53,608 $52,716 ($16,636) (51,664) $37,146 70.3% ($12,046) ($6,023)
538.&60 10% $3.886 $52,116 ($13,856) (S1,386) $39,159 71.9% ($10,033) ($5,017)
$68,360 10% S6,836 $91,238 ($22,878) ($2,288) $68,573 72.2% ($16.567) ($4,142)
$21,670 10% $2,167 $18,248 $3,422 $342 . $20,222 81.1% $3,194 $1,597
527,830 10% $2,783 $52,716 (524,886) ($2,489) • $31,172 64.7% ($18,020) ($9,010)
Est. Total 5% Cut
Non·Financed Students In Students
Per Year Enrolled Enrolled
$2,484 2,580 2,451
55,510 3,870 3;676
55,510 3,870 3,676
$4,768 $1,192 1,132
$4,766 6,115 5,809
$4,766 6,115 5,809
$2,543 2,334 2,217
$5,510 3,501 3,326
$5,510 3.501 3,326
$4,766 5,533 5,256
$4,768 5,533 5,256
$4.766 . 5,533. 5,256
$2,543 1,747 1.660
$5,510 3,385 3,216
$5,510 3,385 3,216
$4,768 5,132 4.876
$4,768 5,132 4,876
$4,768 1,720 1.634
$2,755 1,106 1,050
$5,510 4,545 4,318
$4,768 3,317 3.151
$4,768 3,317 3•.151
$2,543 860 $17"
$5,645 2,962 2,814
$4.768 3.822 3,6~1
$2.543 764 726
;........ ..... ... - ·······,.$5;510 ... 2.962' ·',··2.8141...···
$4.768 3.822 3,631
$2,543 819 n8
55,510 3,003 2,853
$5,510 3,003 2,853
$4,768 655 622
$2,543 205 195
5.510' 1,t60 1,102
136,500 129.675
Education 'Management IEDMCI
(numbers in thousands, unless otherwise noted, FY ends in Saptember)

Education Manaqement Assumed Est.


Tuition Costs & % Current
Debt Burdens Program Cost Costlyr FlnancEMJ Debt
DIploma - 'Digital Print Production .. $16,632 $8,316 65.0% $10,811
Associate" Digitat" FlmaklniJ 8. Vid~ Prcdu<;tion . $49,192 $24,596 65.0% $31,975
Associ<ite • Photcigraphy . $49,Hl2 $24,596 65.0% $31,975
Bachelor's· Advertising . $85,1'40 $21,285 65.0% $55,341
Bachelor's ~Web Design & Interactive Media $85,140. $21,285 65.0% $55,341
Bachelor's - Media Arts & Animation $85,140 $21,285 65.0% $55,341
Diploma - Web Design $17,028 $8,514 65.0% $11,068
Associate· Graphic Design $49,192 $24,596 65.0% $31,975
Associate· Industrial Design Technology $49,192 $24,596 65.0% $31,975
Bachelor's - Game Art & Design $85,140 $21,285 65.0% $55,341
Bachelor's, Industrial Design' $85,140 $21,285 65.0% $55,341
Bachelor's - Interior Design $85,140 $21,285 65.0% $55,341
DIploma - Dental Assistant $17,028 $8,514 65.0% $11,068
As\lOCiate - Dental HYgenist . $49;192 $24,596 65.0% $31,975
Associate- Health. Care Administration $49,192 $24,596 65.0% $31,975
Bathclo(s -.N\lrsirig . $85,140 $21,285 65.0% $55,341
Baclier~r's - Health Sciences $85,140 $21,285 65.0% $55,341
Bachelor's· Behavioral Sciences $85,140 $21,285 65.0% $55,341
Diploma· The Art of Cooking $18,447 $9,224 65.0% $11,991
Associates - Culinary Management $49,192 $24,596 65.0% $31.975
Bachelor's' Hotel & Restaurant Management $85,140 $21,285 65.0% $55,341
Bachelor's - Culinary Management $85,140 $21,285 65.0% $55,341
Diploma - Fashion $17,028 $8,514 65.0% $11,068
Associates - Fashion Design $50,400 $25,200 65.0% $32,760
Bachelor's Fashion & Retail Management $85,140 $21,285 65.0% $55,341
DiPloma· Accounting $17,028 $8,514 65.0% $.11,068
Associate - Office Management $49,192 . $24,596 65.0% $31,975
BachelOl's" BusineSs Administration . S85,140" $21,285 65.0% $55,341
Diploma - Legal $17,028 $8,514 .65.0% $11.068
Associate - Parilregal $49,192 $24,596 65.0% $31,975
Associate - Legal S49,192 $24,596 65.0% $31,975
Bachelor's· Education Adminstrators S85,140' $21,285 65.0% $55,341
Diploma - Information Technology $17,028 $8,514 65.0% $11,068
Associates - Information Technolo $49.192 $24.596 65.0% 31.975

curi'ent .~
.~ .....

Average cost of educatlon'per year $19,481 $16,939 ($2,5431


2-vr degree total cost $38,963 $33,sn 1$5.0861
4-vr dellree total.cost $n,926 $67,754 [$10,1721
Est. Est. Assumed DOE Acceptable Required Salary Debt Assumed Assumed
Non- Per Yr Debt Salary Debt/income debt load starting Difference difference New New
Finallced Service per BLS ratio per BLS salary Tuition Debt Level
. $5,821 $1,540 $30,390 10% $3,039 $15,399 $14,991 S1,499 $27,156 78.6%
$17,217 $4,555 533,060 10% 53,306 $45,546 ($12,486) ($1,249) $40,427 57.4%
$11,211 $4,555 $20,620 10% $2,062 $4S,546 ($24,926) (52,493) $31,693 45.7%
$29,799 $7,883 $54,500 10% $5,450 $78,629 ·($24,329) (52,433) $68,060 56.2% .
$29,799 $7,883 $56,940 10% $6,694 $78,829· (i21,689) (52,169) 569,773 57.3%
$29;799 $7,883 $41,710 10% $4,171 576,829 (537,119) ($3,712) 559,081 49.6%
$5,960 $1,577 $26,140 10% $2,814 $16,766 512,374 $1,237 525,715 76.8%
$17.217 $4,555 $32,600 10% $3,260 $45,546 (512,946) ($1,295) $40,104 57.1%
$17,217 $4,555 527,930 10% 52,793 $45,546 ($17,616) (51,762) $36,825 53.2%
$29,799 $7,883 5S6,940 10% $5,694 578,629 ($21,889) (52,189) $69,773 57.3%
$29,799 $7,883 $41,550 10% $4,155 578,629 ($37,279) (53,728) $58,969 49.5%
$29,799 $7,883 $34,620 10% $3,462 578,829 ($44,209) ($4,421) $54,104 44.9%
$5,960 $1,577 $26,980 10% . $2,696 S15,766 $11,214 $1,121 $24,901 76.1%
$17,217 $4,555 555,220 10% $5,522 $45,546 $9,674 $967 $55,984 69.2%
$17,217 54,555 530,200 10% $3,020 $45,546 ($15,346) ($1,535) $36,4"9 55.2%
$29,799 57,883 $51,640 10"10 $S,164 $78,829 (527,189) ($2,719) $66,052 54.9%
$29,799 57,883 $40,160 10% $4,016 . . $78,829 ($38,669) ($3,867) $57,993 48.6%
$29,799 $7,883 $64,440 10% $6,444 . $76,829 (514,389) ($1,439) 575,038 60.3%
$6,456 $1,708 $16,230 ·10% $1,823. . 517,080· $1,150 $.115 519,255 66.5%
517,217 $4,555 $36,670 10% $3;6a7· 545,546 : ($8,876) ($688) $42,961 59.9%
$29,799 $7,883 $34,970 10% 53A97 $78,829 :(543,859) ($4,366) 554,349 45.2%
$29,799 $7,883 $60,500 . 10% 56,050 $78,629 (516,329) . ($1,833) 572,272 58.8%
$5,960 $1,577 $24,260 10% $2,426 $15,766 $8,494 $649 522,991 74.1%
$17,640 $4,666 $42,1 SO 10% S4,216 $46,664 ($4,514) ($451) $47,231 62.7%
529,799 57,883 $60,SOO 10% S6,050 $78,629 (518,329) ($1,833) $72,272 58.8%
$5,960 $1,577 $26,350 10% $2,635. $15,766 $10,684 51,OS8 $24,459 75.6%
$17,217 $4,555 $35,360 10% $3,536 545,546 ($10,186) (Sl,019) $42,041 59.00/.
$29,799 $7,883 564,440 10% $6,444 578,829 ($14,389) ($1,439) $75,036 60.3%
$5,960 51,577 522,000 10% $2,200 S15,766· $6,234 $623 $21,405 72.2%
$11,217 54,555 $36,060 10% $3,608 $45,546 ($9,466) (5947) $42,547 59.5%
$17,217 $4,555. $38,860 10% $3,886 $·45,546· ($6;666) (5669) $44,498 ·61.3%
$29,799 $7,883 $68,360 10% . .$6,836 $78,829 (510,469) ($1,047) $77,790 61.7%
$5,960 $1,577 $21,670 10% 52,167 $15,766 55,904. .$590 $21,173 71.9%
ill217 !i,555 $27,630. 10% j£.783 1§.546 illLilll. ($1,772) $36,755 53.2%

~
·13%
-13"
·13"
Difference Difference Est. Total 5% Cut SOC
In Tuition In Tuition NevI Non·Financed Students In Students Codes Job Title
Per Year TUItion Per Year Enrolled Enrolled
.$10,524 $5,262 $13,578 52.911 2;580 2,451 27-3099 Media and Communication Workeffi, Other
($8,765) ($4,383) $20,213 $8,60g ·3,870 3,676 27-4032 Am and Video Ed~ors
($17,499) ($8,749) $15,847 $8,609 .3,870 3,676 27-4021 Photographers
($17,080) (54,270) $17,Q15 $7,450 6,115 5,809 11-2021 Advertising and Promotions Managers
($15,367) ($3,842) $17,443 $7,450 6,115 5,809 15·1099 Computer Specialists, Other
($26,059) ($6,515) $14,770 $7,450 6,115 5,809 27·1014 Munimedla Artists and Animators
$8,687 $4,344 $12,858 $497 2,334 2,217 43·9031 Desktop Publshers
($9.088) ($4,544) $20,052 $8,609 3,501 .3,326 27·1024 Graphic Designers
($12,367) ($6,183) $18,413 $8,609 3,~1 3,326 . . .. 27·1029 Designers. Other
($15,367) ($3,842) $17,443 .$7,450 ·5;533 . ··5,256
($26,171) ($6,543) $14.742 .$7,450 5,533 5,256 27-1021 Commercial and Industrial Designers
(531.036) ($7,759) $13,526 $7,450 5,533 5,256 27-1025 Intenor.Designers
$7,873 $3,936 $12,450 $3,973 1,747 1,B60 31·9091 Dental Assistants
$6,792 $3,396 $27,992 $8,609 3,385 3,216 31·2012 Occupational Therapist Aides
($10.773) ($5,387) $19,209 $8,609 3,385 3,216 29-9099 Heatthcare Tee hnical Workers, Other
($19,088) ($4,772) $16,513 $7,450 5,132 4,876 29-1111 Registered Nurses
($27,147) ($6,787) $14,498 $7,450 5,132 4,876 29.Q000 Healthcare PractilionerfTechnical, Other
($10,102) ($2,525) $18,760 $7,450 1,720 1,634
$808 $404 $9,627 $4,304 1,106 1,050 35-2014 Cooks, Restaurant
($6,231) ($3,116) $21,480 $8,609 4,545 4,318 11-9051 Food Service Managers
($30,791) ($7,698) $13,587 $7,450 3,317· 3,151 11-9081 Lodging Manages
($12,868) ($3,217) $18,068 $1,450 .3,317 3,151 11-0000 Management Occupations
$5,ge3 $2,982· $11,496 •$3,973 .•. 8.60 817 41-9099 Sates and Related Workers, Other
($3,169) ($1.585) $23,615 sa,820 2,962 2,814 27-1022 Fashion Designers
($12,868) ($3,217) $18,068 $7,450 3,822 3,6~1 11-0000 Management OccUpations
$7,431 $3,715 $12,229 $3,973 764 726 43-3031 BoOkkeeping, Accounting & Auditing Clerks
($7,151) ($3,575) $21,021 . $8,609 2,962 2,814 43-1011 Supervisors of Office/Admin Support
($10,102) ($2,525) $18,760 $7,450 3,822 3,631
$4,377 $2,188 $10,702 $3,973 819 778 43-9199 Offtee/Adminis1ralive Support Workers
($6,645) ($3,323) $21.273 $8,609 3,003 2,853
($4,694) ($2,347) 522,249 $8,609 3,003 2.853
($7,350) ($1,837) $19,446 $7,450 655 622 11-9032 Education Adminstrators, Elementary
$4,145 $2,072 $10,586 $3,973 205 195 43-9021 Data Entry Keyers
1$12,437\ 1$6,219\ $18377 $8609 1160 1102 43-9011 Computer Opertors
136,500 129,675
.. ,
I
Degree Mi): of Sjude~t PC~llki"n
Diploma/OIlier 8% 10,92Q
AsSociates· . 31% 42,315
Bachelors 47% 64,155
Master.s 7% 9,555
Doctoral 7% 9.555
Total· 100% 136,500
IC~J:iJm IV x of St:.cents
Art InS1Jt~tc 8
Media Arts 21% 28,665 Diploma 9%
Des.ign 19% 25,935 Associates. 27%
Heallli Sciences 16% 21,640 Bachelors 64%
Beh~vloffiJ ScienceS 11% 15,015 Master's 0%
Culil)ary 9% 12,285 Doctoral 0%
Fashion 7% 9,555 Total 100%
Eiuslness 7% 9,555 Diploma 6,880
Legal 5% 6,825 Asso·ciates 20,639
Education 4% 5,480 Bachelors 48,922
Information Tech. 1% 1365 Masters/Ph.D 0
Tolal 100% o Total 76,440

Program D,p.lOther A,SClclote~ ni1chelor's Master's


Media Arts 2,580 7,740 18,346 0
Design 2,334 7,002 16,598 0
Health Sciences 1,747 6,770 10,265 1,529
EiehavioralSciences 0 0 1,720 6.607
C:~lIna.ry 1,106 4,545 6,634 0
Fashion· .860 2,580 6,115 o.
Business 764 2,962 3,822 1,338
Legal 819 6,006 0 0
Education 505 3,549 655 82
Information Tech. 205 1,160 0 0
Total 10,920 42,315 64,155 9,555
eakdown
Media Arts 37%
Design 34% IArt Institutes: 76,500 students, 64% Bachelor's, 27% Associate, 9% Diploma
Culinary 16% Argosy U: 23,900 students, 39% Ph.D, 33% Master's, 22% Bachelor's, 5% Assoc., 1% Dip.lOther
Fashion 13% Brown Mackie: 19,000 students, 79% Associate's, 17% Diploma, 4% Bachelor's
Other 0% South U.: 16,700 students, 56% Bachelor's, 33% Associates, 10% Master's, 1% Ph.D
Total 100%
Media Arts 26,263
Design 25,990
Culinary 12,230
Fashion 0
Total 76,440

Doctoral Total
0 28,665
0 25,935
1,529 21,840
6,669 15,015
0 12,265
0 .9,555
669 9,555
0 ·6,625
669 5,460
0 1 365
9,555 136,500
Assumed Est Est. Est.
% Current Non- Per Yr Debt
Program Cost Costlyr Financed Debt Financed Service
Diploma - Digital Print Producllon $16,632 $8,316 77.6% $12,906 $3.726 $1,782
Associate - Dignal Amaking & Video Produclion $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate - Photography $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelor's. Advertising $85,140 $21,265 77.6% $66,069 $19,071 $9,124
Bachelor's - Web Design & Interactive Media $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelor's· Media Arts & Animation $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Web Design $17,0:28 $6,51477.6% $13,214 $3,814 $1,825
Associate - Grapnic Design "49;192 . $24,596 .77.6% $38,173 $11,019 $5,272
ASsociate - Irlduslrial Design TeChnology $49;192 . $24,596 n.6% $38,173 $11,019 $5,272
Bachelor's - Game Art:& Design "85;140 . $21,285 77.6% $66,069 $19,071 $9,124
Bach.e1or's - Industrial Design $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelor's - Inlerior Design $85,140 $21,285 77.6% $66,069 . $19,071 $9,124
Diploma c Dental ASliistant $17,028 $8,514 77.6%. $13,214 $3,814 $1,825
ASliocia1e - Dental Hygenist $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate - Heatth Care Administration $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelor's - Nursing $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelor's - Heatth Sciences $85,140 $21:285 77.6% $66,069 $19,071 $9,124
Bachelor's - Behavioral Sciences $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - The, Art of Cooking $18,447 $9,224 77.6% $14,315 $4,132 $1,977
Associates - Culinary Management " $49,192 $24,596 77.6% $38,173 $11,019$5,272
Bachelor'S· Hotel, & Res1aurant Management $85,140 $21,285. 77.6% $66,069 ~;"19,071 $9,124
BachelOr'S - Culinary Management $85,140 $21,285 77.6% $55,069 $19,071 $9,124
Diploma - Fashion $17,028 . $8,514 77.6% $13,214 $3,614 $1,625
Associates - Fashion Design $50,400 $25,200 77.6% $39,110 $11,290 $5,401
Bachelor's Fashion & Retail Management $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - ACcounting $17,028 $8,514 77,6%. $13,214 $3,614 $1,825
.•Associate". Off~ Management $4!l,t92 . "2",5!l6 n~~ $~e,m"11,019$~.2!2..
Bachelor's - Business Administration $85,140 $21,285 77.6% $66,069 $19,071 S9,124
Diploma - Legal $17,028 $8,514 77.6% $13,214 $3,814 $1,825
ASliociate - Paralegal $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associa1e - Legal $49,192 $24,596 77.6% $38,1n $11,019 $5,272
Bachelor's - Education Adminstrators $85,140 $21,285 77.6% $66,069 $19,071 $9,124
DiplOma - Information Technology $11,028 $8,514 77.6% $13,214 $3,614 $1,825
ssOciates -Information TechnolO $49,192 .' $2(596 77.6% . $38,173 $11.019 $5,272
Assumed DOE Acceptable R~quired Salary Debt Assumed Assumed Difference Difference
Salary Debt/income debt load starling Difference difference New NeVI In Tuition In Tuition
per BLS ratio per BLS salary Tuition D~bt Level Per Year
$30,390 10% $3,039 517,623 $12,567 $1.257$16,632 77.6% $0 $0
$33,060 . 10% $3,306 $52,716 ($19,656) ($1,966) $34,959 68.5% ($14,233) ($7.117)
$20,620 10% $2,062 $52,716 ($32,096) ($3,210) 525,951 57.5% ($23,241) ($11,621)
$54,500 10% $5,450 $91,236 ($36.738) ($3,674) $58,537 67,4% ($26,603) ($6,651)
$56,940 10% $5,694 $91,238 ($34,298) ($3,430) $60,303 68.4% (524,B37) ($6,209)
$41,710 10% $4,171 $91,238 ($49,528) ($4,953) $49,275 61.3% ($35,B65) ($8,966)
$28,140 10% $2,814 $18,248 $9,892 $989 $17,028 77.6% $0 50
$32,600 1ooA.. 53,260 $52,116 ($20,116) ($2.012) $34,626 66.2% ($14,666) ($7,283)
$27~930 1ooA. 52.793 $.52,716 ($24,766) ($2,479) $31,244 64.7% ($17.948) (S8,974)
$56,940 10% 55,694 $91,238 ($34,298) . ($3,430) $60,303 68.4% ($24,837) (56.209)
$41.550 10% 54,155 $91,238 ($49,688) . ($4,969)$49,159 61.2% {$35,981) (S8.995)
$34,620 10% $3,462 $91,238 ($56.618). ($5,662) $44,141 '56.8% ($40,999) ($10,250)
$26,980 10% $2,698 . $18,248 $8.732 S873 . . $17,028 77.6% . $0 $0
$55,220 10% $5,522 $52.716 $2,504 52SO $51,006 78.40/. $1,814 . $907
$30,200 10% $3,020 $52.716 ($22,516) ($2,252) . $32;888 66;5% ($16.304) (S8,152)
$51,640 10% $5,164 $91,238 ($39,598) ($3,960) S56,466 66.2% ($28,674) (S7,169)
$40,160 10% $4,016 $91,238 ($51,076) (SS,108) 548,152 60.4% ($36,988) ($9,247)
10% $0 $91,238 ($91,238) ($9,124) 519,071 0.0% ($66,069) ($16,517)
$18,230 10% $1,823 $19,768 ($1,538) ($154) 517,333 76.2% ($1,114) ($557)
$36,670 10% $3,667 $52,716 ($16,046) ($1,605) 537,573 70.7% ($11,619) ($5,810)
$34,970 10% $3,497 $91,238 ($56,268) ($5,627) $44,394 57.0% ($40,746) (510,186)
$60,SOO 10% $6,050 $91,238 ($30,738) ($3,074) $62.881 69.7% ($22,269) ($5,565)
$24,260 10% $2;426 $18,248 $6,012. . $601$17,026 77.6% $0 $0
$42,150 .10% • 54,215 .$54,010. ($11,860) . (S1,186) .'. $41,812 73.0% (58,586) ($4,294)
$60,500 looA. $6,050 .. $91'23 8 ($30,738) ... (53,074).' . $62,881 69.7% ($22,259) . ($5,565)
>$26,350 10%. $2.635 $18,248 :$i3,,102' . . $810$24,589 84.5% . $7.561 $3,780
10% ... .$0 $i:!2,7111 ($s2,1t!1) .. ($5.272).' $11,019. 0.0% (538,173) ($19,086)
$64,440 1oolo $6.444 $91,238 ($26,798) ($2,680) '$6$,734 . 71 ~Oo/. . ($19;406) ·($4,851>, .' .
10% $0 $18,248 ($18,248) ($1,825) $17,028 77.6% SO $0
$36,080 10% $3,608 $52,716 ($16.636) ($1,664) $37.146 70.3% ($12,046) ($6,023)
$38~860 10% $3,886 552.716 ($13,856) ($1,386) $39,159 71.9% ($10,033) ($5,017)
$68,360 10% $6,836 $91,238 (522,878) ($2.288) 568,573 72.2% ($16,567) (54,142)
$21,670 10% $2,167 $18,248 $3,422 $342 520,222 81.1% $3,194 $1.597
$27,830 10% g.783 ill,.716· ($24,886) ($2,489) 531,172 64.7% ($18,020) (59,010)
Est. Total 5% Cut
Non-Financed Students In Students
Per Year Enrolled Enrolled
$2,484 . 2,560 2,451
$5,510 3,670 3,676
$5,510 3,870 .3,676
$4,768 $1,192 1,132
$4,768 6,115 5,809
$4,768 6,115 5,809
$2,543 2,334 2,217
$5,510 3,501 3,326
55,510 3,501 3,326
$4,768 5,533 5,256
$4,768 5,533 5,256
$4,768 5,533 5,256
$2,543 1,747 1,660
$5,510 3,385 3,216
$5,510 3,385 3;216
$4,768 5,132 4,876
.$4,768 5,132 ·4,876
$4,768 1,720 1,634
$2,755 1,106 1,050
$5,510 4,545 4,318
$4,768 3,317 3,151
54,768 3,317 3,151
52,543 860 817
55,645 2,962 2,814
$4,768 3,822 3,631
$2,543 764 726
.. $5,510 .. 2,!l~7 2,8.141.•
$4,76~ . 3,622 3,631
$2,543 619 778
$5,510 3,003 2,653
$5,510 3,003 2,853
$4,768 655 622
$2,543 205 195
$5,510 1.160 1.102
136,500 129,675
EdiicationMal1agerTieni IEI5MC) .
(numbers in thousands, unless oth6rwiS6 noted, FY ends in September)

Education r\lana!:)ement Assumed Est.


Tuition Costs & % Current
Debt Burdens Program Cost Costlyr Financed Debt
Diploma - Digitill Print Production $16,632 $8,316 65.0% $10,811
Associate· Digital Filmaking & Video Production $49,192 $24,596 65.0% $31,975
Associate· Photography . 549,192 $24.596 65.0% $31,975
Bachelor's - Advertising .. 5B5,140 $21.285 65.0% $55,341
BaChelor's - Web Design &. Interactive Media 5B5,140 $21,285 65.0% $55.341
Bachelor's - Media ArtS & Animation . 5B5,140 $21,285 65.0% $55,341
Diploma - Web Design $17;028 . $8,514 65.0% $11,068
Associate· Graphtc Design $49,192 $24,596 65.0% $31,975
Associate - Industrial Design Technology $49,192 524,596 65.0% $31,975
Bachelor's - GSme Art & Design $85,140 $21,285 65.0% $55.341
Bachelor's· Industrial Design $85,140 521,285 65.0% $55,341
Bachelor's - Interior Design $85,140 521,285 65.0"A. $55.341
Diploma· Dental Assislant $17,028 $8,514 65.0% $11,068
Associate· Dental Hygenist $49,192 $24,596 65.0"/. $31.975
AssOCiate - Heahh Gare Administra1lon $49,192 $24,596 65.0% $31,975
Bachelor's - Nursing $85,140 $21,285 65.0% $55,341
Bachelor's - Heahh· Sciences $85,140 $21,285 65.0% $55,341
·Bachelor's· Behavioral Sciences $85,140 $21,285 65.0% $55.341
·Diploma; The Art of Cooking $18,447 $9,224 65.0% $11,991
Associates· CulinarY M81lligement $49,192 . $24,596 65.0% $31,975
· Bachelor's - Hotel & Restaurant Management $85,140 $21,285 65.0% $55,341
Bachelors. Culinary Manageman·t . $85,140 $21,285 65.0% $55,341
Diploma - Fashion $17,028 $8,514 65.0% $11.068
Associates - Fashion Design. $50,400 $25,200 65.0% $32,760
Bachelor's Fashion & Retail Managament $85,140 $21.285 65.0% $55,341
Diploma - Accounting 517,028 $8,514 65.0% $11.068
. .As.sot:iate -~ Managel"!1imL .. . $4!l,192. $24,596 65.0% $31,975' .
Bachelor's· Business Administrailon $B5, t40 $21.285 65.0% 555,341
Diploma - Legal . $17,028 $8,514 65.0% $11,068
Associate: ParaiBgai $4!l;192 $2(596- ··65.0% 5:l1,975.----- .....
Associate - Legal . . . .. 549,192 $24,596 65.0% $31,975
Bachelor's· EduCation Admlns1rators 585,140 $21,285 65.0% $55,341
Diploma -Information TechnolOgy $17,028 $8,514 65.0% $11,068
Associates •.Information Technol $49,192 $24,596 . 65.0% 531.975

~ ~ ~
Average cost of education per year $19,481 . $19,777 $296
2-yr degreetotal <ost $~963 $39.554 $591
4-yr degree total cost $n,926 $79,108 $1.182
Est. Est. Assumed DOE Acceptable Required S~lary Debt Assumed Assumed
Non· Per Yr Debt Salary Debtlincome debt load starting Differcnce difference New New
Financed Service per BLS ratio pcr BLS s.alary Tuition DeblLevel
$5,821 $1,203 $30,390 10% $3,039 $12,026 518,364 $1,836 $33,140 82.4%
517,217 $3,557 $33,060 10% 53,306 $35,569 ($2,509) ($251) $46,936 63.3%
517,217 $3,557 $20,620 10% $2,062 $35,569 ($14,949) ($1,495) $35,753 51.8%
$29,799 $6,156 $54,500 10% $5,450 $61,562 ($7,062) ($706) $78,792 62.2%
$29,799 $6,156 $56,940 10% $5,694 $61,562 ($4,622) ($462) $80,985 63.2%
$29;799 $6,156 $41,710 10% $4,171 $61,562 ($19,852) ($1,985) $67,294 55.7%
$5,960 5~,231 $28,140 10% '$2,814 $12,312 $15,828 $.1,583 $31,256 80.9%
$17,217 $3,557 $32,600 10% $3,260. .- · ..$35,569 ($2,969) ($297) $46,523 63.0%
$17,217 $3,557 527,930 10% $2,793 $35,569 (57;639) ($764) 542,325 59.3%
$29,799 $6,156 $56,940 10% $5.694 $61,562 ($4,622) ($462) . 580,985 83.2%
$29,799 $6,156 $41,550 10% 54,155 $61,562 ($20,012) ($2,001) $67,150 55.6%
529,799 $6,156 $34,620 10% $3,462 561,562 (526,942) ($2,694) $60,920 51.1%
$5,960 $1,231 $26,980 10% $2,698 $12,312 $14,668 $1,467 530,213 80.3%
$17,217 $3,557 $55,220 10% $5,522 $35,569 $19,651 $1,965 $66,857 74.2%
$17,217 $3,557 $30,200 10% $3,020 $35,569 ($5,369) ($537) $44,365 61.Pk
$29,799 56,156 551,640 10% $5,164 $61,582 ($9,922) (5992) $76,221 60.9%
$29,799 58,156 540,160 10% $4,016 $61,562 ($21,402) ($2,140) $65,901 54.8%
$29;799 $6,156 $64,440 10'% $6,444 $61,562 $2,878 $288 $61,727 66.0%
$6,456 $1,334 $18,230 10% 51,823 $13,338 54,692 5489 522,644 71.7%
$17,217 $3,557 $36,670 '10% 53,667 $35,569 . $1,101 5110 $50,182 65.7%
$29,799 $6,156 $34,970 10% . 53,497 $61,562 ($26,592) ($2,659) $81,235 51.3%
$29,799 $6,156 $60,500 10%.' ,56,050 .. $il1,562 (51,062) ($108) 564,185 64.6%
55,980 $1,231 $24,260 10% 52,426 .' 51'2,312· 511,948 $1,195 527,768 78.5%
$17,640 $3,644 $42,150 10% $4,215 $36,443 $5,707 $571 555,531 68.2%
. $29,799 $6,156 560,500 10% 56,050 561,562 ($1,062) ($106) $64,185 64.6%
$5,960 51,231 $26,350 10% $2,635 $12,312 $14,038 $1,404 $29,647 19.9%
·$17,217 $3,557 . $35,360 10% $3,536 $35,569. . ($209) ($?1l $49,004 64.9%
$29,799 $6,156 $64,440 10% $6,444 $61,562 $2,876 $288 $87,727 66.00/.
r--_.- •.... _. . ..... _..... ......$5,960 $1,231 .. $22,000......... 10% .. .$2,200 $12,312 ...... ~9,688 $969 $25,737 76.8%
$17,217 $3,557 $36,080 10% $3,608 $35,569 $511 $51" '$49;651 . ····6'5:3%
$17,217 $3,557 $38,860 10% $3,a86 $35,569 $3,291 $329 $52,150 67.0%
$29,799 $6,156 $66,360 10% 56,836 $61,562 56,796 $680 591,251 67.3%
$5,960 $1,231 $21,670 10% 152,167. $12,312 59,358 $936 525,440 76.6%
$17,217 $3,557 $27,830 10% '$2,783 $35,569 . ($7,739) (sn4) $42,235 59.2%

I
~
2"
2%
2%
Difference Difference Est. Total 5"/., Cut SOC
In Tuition In Tuition New Non-Financed Students In Students Codes Job Title
Per Year Tuition Per Year Enrolled Enrolled
$16,508 $8,254 $16,570 $2,911 2,580 2.451 27·3099 Media and Communication Workers.·Olher
($2,256) ($1,128) $23,468 $8,609 3,870 3,678 27-4032 Film and Video Editors
($13,439) ($6,719) $17,877 $8,609 3,870 3,676 27-4021 Pholographers
($6,348) ($1,587) $19,698 $7,450 6,115 5,809 11-2021 Advertising and Promolions ManagetS
($4,155) ($1,039) $20,246 $7,450 6,115 5,809 15·1099 Computer Specialists, Other
($17,846) ($4,461) $16,824 $7,450 6,115 5,809 27·1014 Muttimedla Artlsts and Animators
$14,228 $7,114 $15,628 $497 2,334 2,217 43·9031 Desktop Publishers
($2.669) ($1,335l. $23,261 S8,609 3,501 3,326 27-1024 Graphic Designers
($6,867) {$3,434) $21,162 S8,609 3,501 3,326 . .27-1029. Designers, other
($4,155) {$1,039) $20,246 S7,450 5,533 '·5,256 .
. ($17.990) {$4,497) $16,788 S7,450 5,533' '. 0,256 27-1021 Commercial and Induslrial Designers
($24,220) ($6;055) S15,23O $7,450 '5,533 . 5,256 27-1.025 Interior Designers
. $13,185 $6,593 $15,107 $3,973 1,747 1.S60 31'·9091 Dental Assistants
$17,665 $8,832 $33,428. $8,609 3,385 3,216 31-2012 Occupational Theraplst Aides
'($4,827) ($2,413) $22,183 $8,609 3,385 3.216 2~9099 Heanhcare Tee hnical Workers, Other
($8,919) ($2,230) $19,055 $7,450 5,132 4,876 29-1111 Registeroo Nurses
($19,239) ($4,810) $16,475 $7,450 5,132 4,876 29·0000 Heatthcare PractitionerfTechnical, Other
$2,587 $647 $21,932 $7,450 1,720 1,634
$4,397 $2,199 $11,422 $4,304 1,106 1,050 35-2014 Cooks, Restaurant
$990 $495 $25,091 $8,609 4,545 4.318 11-9051 Food Service Managers
($23,905) ($5,976) $15,309 $7,450 3,317. 3,151 11-9081 Lodging Manages
($955) ($239) $21,046 $7,450 3,317 '. .3,151 11·0000 Management Occupations
$10,740 ~5;~70 $13,884 $3,973 .86P 817 41·9099 Sales ahdRelated Workers, Other
$5; 131 $2,565 $27,765. $8,820 2,962 2,814 27.1022 FashiOn Designers
($955) (S239) $21,046 $7,450 3,~22 3,631 11 cOOOOManagement Occupations
$12,619 $6,310 $14',824 $3,973 764 726 4Jc3031 Bookkeeping, Acco~rrting & Auditing Clerks
...• (~188) ($94). $24,502 ... . $8,609 2,962 .2,~1" .43.1011Supervi50rs of OflicelAdlllin Support
S2.587 $647 $21,932 .$7,450 3,822 3,631
$8,709 $4,354 $12,868 $3,973 819 778 43·9199 OffieefAdminlstrauve Support Workers
$459 $230 $24',826 S8,609 3,003 2,853
$2,958 $1,479 S26,075 S8,609 3,003 2,853
$6,11 t $1,528 S22,813 $7,450 655 622 11-9032 Education Adminstrelors, Elementary
$8,412 $4,206 $12,720 $3,973 205 195 43·9021 Data Entry Keyers
1$6 9571 ($3479l $21117 $8,609 1160 1102 43·9011 Computer Opertors
136,500 129,675

I
D~(;"Hf! ','ix :>f St~dent i-'opula110"
·-Diploma/Other . 8% 10,920
Associates· . 31% 42,315
Bachelor's 47% 64,155
Master's 7% 9,555
Doctoral 7% 9,555
Total 100% 136,500
rogram MIx of Students
All Insiliule B
Media Arts 21% 28,665 Diploma 9%
Design . 19% 25,935 Associates 27%
Health Sciences· 16% 21,840 Bachelor's 64%
Behavioral Sciences 11% 15,015 Master's 0%
Culinery go,\, 12,285 Doctoral 0%
Fa~hion . 7% 9,555 Total 100%
. Business .. 7% 9,555 Diploma 6,880
legal 5% 6,825 Associates 20,639
EducatiOn 4% 5,460 Bachelor's 48,922
Information Teah. 1% 1365 Master'slPh.D 0
Total 100% o Total 76,440

Program DIp IOther Associates BadleloJ s Master's


MediaAlts 2,580 7,740 18,346 0
Design 2,334 7,002 16,59B 0
Health Sciences .1.747 . 6,770 10,265 1,529
iiehavioralSciences·· .0 0 .'1;720· 6,607
Cutnary 1,106 4,545 6,634 0
...•Fastliorr 860· 2,580 6,115 0
Business 764 2,962 3,822 1;338
legal 819 6,006 0 0
Educalion 505 3,549 655 82
Information Tech. 205 1,160 0 0
Total 10,920 42,315 64,155 9,555

!.
eakdown
Media Arts 37%
Design 34% Art Insmutes: 76,500 students, 64% Bachelor's, 27% Associate, 9% Diploma
Culinary 16% Argosy U: 23,900 students, 39% Ph.D, 33% Master's, 22% Bachelor's, 5% Assoc., 1% Dip.lOther
Fashion 13% Brown Mackie: 19,000 students, 79% Associate's, 17% Diploma, 4% Bachelor's
Other 0% SouthU.: 16,700 students, 56% Bachelo~s, 33% Associates, 10% Master's, 1% Ph.D
Total 100%
Media Arts 28,283
Design 25,990
Culinary 12,230
Fashion 0
Total 76,440

•• -. o
.-
28,665
o 25,935
1,529 21,840
6,689 15,015
o 12,285
~(555
9,555
o 6,825
669 5,460
o 1,365
9,555 136,500
' ..
Assumed Est. Est. Est.
% Current Non· Per Yr Debt
Program Cost Cost'yr Financed D~hl Financed Service
Diploma· Digital Prinl Production $16,632 $8,316 77.6% 512,906 $3,726 $1,782
AS$OCiate. Digital Filmaking & Video Production $49,192 $24,596 17.60/. $38,173 $11,019 $5,272
IAssociate" Photography $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelofs - Advertising $85,140 $21,285 17.6% $66,069 $19,071 $9,124
Bachelofs • Web Design & Interactive Media $85.140 $21,28$' 77.6% $66,069 519,011 $9,124
Bachelofs. Media Arts & Animation $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Web Design $17.028 $8,514 77.6% $13,214 $3,814 $1,825
Associate· Graphic Design '. $49,192 $24,596 77.6% $38,173 511,019 $5,272
Associate - Industrial Design Technology $49.192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelofs . Game Art &'Design $85,140 $21,285 77.6% $66,069 $19,071 $9,124
BachelOl's • Industrlal Design $85,140 $21.285 77.6% $66,069 $19,071 $9,124
BachelOf's -Inteoor Design $85,140 $21,285 17.6% $66,069 $19,071 $9,124
Diploma - Dental Assistent 517,028 $8,514 17.6% $13,214 $3,814 $1,825
Associate - Dental Hygenlst $49.192 $24,596 17.6% $38,173 $11,019 $5,272
Associate - Heailh Care Administration $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelo(s'- Nursing $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Bachelo(s - Heahh Sciences $85,140 $21,285 17.6% $66,069 $19,071 $9,124
Bachelo(s - Behavioral Sciences 585.140 $21,285 17.6% $66,069 $19,071 $9,124
Diploma - The Art of Cooking . $18,447 $9.224 77.6% $14,315 $4,132 $1,977
IAssociates'- Culinary Managemen~' $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Bachelofs - Hotel & Restaurant Management $85,140 $21,265 77.6% $66,069 $19,071 $9,124.
13achelofs - Culinary Management . $85,140 $21 ,285 77.6% • $e6,069 $19.071 $9,124
Diploina - Fashion $17,028 $8,514 7'1.6% 513,214 $3,814 $1,825
Associates - Fashion Design $50,400 .$25,200 77.6% 539,110 $11,290 $5,401
Bachelofs Fashion & Retail Maoageml'lnt $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Accounting $17,026 $8,514 77.6% $13,214 $3,814 $1,825
AsS()Cjate - ~ .M'!liSgement .. . $49,192 $24,596 77.6% m,173 $11,019 $5,272 " _ _ _ _ _ • • • • _ 0 ' • • '_. _ _ _ _ _ _ ••

BachelOl's - Business Administration $65,1'40' .. $21,2S5 "7''7:6%: .. $.66,069 $19,671 .. $9:1i4


··Diploma~·legal·"········" ..... ·$17;028· .... ·· ·$8;514 .. ··.. ·.. ·-77·.6% ..·· $13;214"'''' .... $3;814- · .. $1-;825· ................... - .................
AsSOl:iate - Paralegal $49,192 $24,596 77.6% $38,173 $11,019 $5,272
Associate - Legal $49,192 . $24,596 77.6% $38,173 311,019 $5,272
BachelOf's • EducaUon Adminstrators $85,140 $21,285 77.6% $66,069 $19,071 $9,124
Diploma - Information Technology $17,028 $8,514 . 77.6% $13,214 $3,614 $1,825
Associates. Information Technolo, $49,·192 $24,596 77.6% $38,173 $11,019 $5,272
Assumed DOE Acceptable Required Salary Debt Assumed Assumed Difference Difference
Salary Debt/income debt load starting Difference difference New New In Tuition In Tuition
per BLS ratio per BLS salary Tuition Debt Level Per Year
$30,390 10"10 S3,039 $17,623 $12,567 'S1,257 $16,632 77,6% $0 $0
$33,060 10"10 $3,306 $62,716 ($19,656) ($1,966) $34,959 68.5% ($14,233) ($7,117)
$20,620 10% $2,062 $52,716 ($32,096) ($3,210) $25,951 57.5% ($23,241) ($11,621)
$54,600 10% $5,450 $91,238 ($36,736) ($3,674) $58,537 67.4% ($26,603) ($6,651)
$56,940 10% $5,694 $91,236 ($34,296) ($3,430) $60,303 66.4% ($24,837) ($6,209)
$41,710 10% $4,171 $91,236 ($49,526) ($4,953) $49,275 61.3% ($35,665) ($8,966)
$28,140 10% $2,814 $18,248 $9,892 $989 $17,028 77.6% $0 $0
$32,600 10% $3,260 $52,716 ($20;116). ($2,012) $34,626 68.2% ($14,566) ($7.283)
$27.930 10% $2.793 $5:?,716 .• ($24.786) .' ($2.479) . $31,244 64.7% . ($17,948) ($8.974)
$56,940 10% $5,694 $91,236 ($34,296) ($3,430) $60,303 68.4% ($24,637) ($6,209)
$41;550 10% $4,155 $91,236 ($49,686) ($4,969) S49.159 61.2% ($35,981) ($6,995)
$34,620 10% $3,462 $91,236 ($56,616) ($5.662) $44.141 56.8% ($40,999) ($10,250)
$26,960 10% $2,698 $18,246 $8,732 $873 $17.026 77.6% $0 $0
$55,220 10% $5,522 $52,716 $2,504 '$250 $51,006 78.4% $1,814 $907
530,200 10% $3,020 $52.716 (522,516) ($2,252) $32,888 66.5% ($16,304) ($8,152)
$51.640 1O"t!> $5,164 $91.238 ($39,598) ($3,960) $56,466 66.2% ($28.674) ($7,169)
$40,160 10"t!> 54,016 $91,236 ($51,076) ($5,108) $46,152 60.4% ($36.968) ($9,247)
10% $0 $91,236 ($91,238) ($9,124) $19,071 0.0% ($66.069) (S16;517)
$18,230 10% $1,823 $19,768 . ($1,538) ($.154) $17,333 76.2% ($1,114) ($557)
$36.670' .10% $3.667 $52,716 '. ($16,046): ($1.605) $37,573 70.7% ($11,619) ($5,810)
$34.970 10% $3,497 $91,238 ($56,268)' ($5.627) $44;394 57.0% ($40,746) ($10,186)
$60,500 10% $6,050 $91,238 . ($30.738) ($3.074) '. $62,881 69.7% ($22,259) ($5.565)
$24,260 10% $2,426 $18,248 $6,012 $601 $17,028. 77.6% $0 $0
$42,150 10% $4,215 . $54,010 . ($11.860) '($1.186) $41,812 73.0% ($8,568) ($4,294)
$60,500 10% $6.050 $91,236 ($30.738) ($3,074) $62,881 69.7% ($22,259) ($5,565)
526,350 10% $2,635 $16,246 $8;102 $610 $24.589 84.5% $7,561 $3,780
10% SO $52,716 ($52,716) ($5,272) $11.019 0.0% ($38,173) ($19,086)
$64,440 10%" $6,444 $91,238 ($26,798) '($2,66iii' .. $'65.734 71:0% ($19',406) ($4,85~r
r..· .. ····· .. ···· .--.---.-- ................. -·····100/0..···· ..······$0·····$18,248 .. ($16;248)..·· ····($1.625)·· ..·$17.028 ....... 77.6% ........... -- .. $0 ........................$0........_....
$36,080 10"/. $3,608 $52,716 (516,636) ($1;664) $37,146 70.3% ($12,046) ($6,023)
S38.860 10% $3.886 $52,716 ($13,656) . ($1,386) $39,159 71.9% ($10,033) ($5.017) .
$68,360 10% $6,836 $91,2~8 ($22,878) '. ($2,288) $68,573 72.2% ($16,567) ($4,142)
$21,670 10% $2.167 $18,248 $3,422 $342 $20;222 81.1% $3,194 $1,597
$27.830 10% . $2.783 $52,716 ($24.886) . .' ($2,469) $31,172 . 64.7% ($18,020) ($9,010)
ESt. Total 5% Cut
Non-Financed Students In Students
Per YQar Enrolled Enrolled
$2,484 2,580 2,451
$5,510 3,870 3,676
$5,510 3,870 3,676
$4,768 $1,192 1,132
$4,768 6,115 5,809
$4,768 6,115 5,609
$2,543 2,334 2,217
$5,510 3,501 3,326
$5,510 3,501 3,326
·$4,768 5,533 5,256
$4,768 5,533 5,256
$4,768 5,533 5,256
$2,543 1,747 1,660
$5,510 3,385 3,216
$5,510 3,385· 3,216
$4,768 5,132 4,876
$4,768 5,132 4,876
$4,768 1,720 1,634
$2,755 1,106 1,050
$5,510 4,545 4,316
$4,768 3,317 3,151
$4,766 3,317 3,151
$2,543. 860 817:
$5,645. 2,962 2,814
$4,768· 3,822 3,631
$2,543 764 726
$5,510. 2,962 2,814
$4,768 3,822 ·3,631
$2,543 ·819 778
$5,510 3.003 2,653
$5,510 3,003 2,653
$4,768 655 622
$2,543 205 195
$5.510 1,1.60 1.102
136,500 129,675
AA Arts aoo Sciences Assoda.te of ADDlled 5ti1m<:e:ln Human Servkes- $n,'" $16,695 73.0% $'4.'75 S••015 $3.472 $22.000 8% SI.760 $43AOO (SHAoo}, ISl.7U} S2'.371
AA Art:liahdSden~ Assod.te ofScie:1K'C in InterdisdpllRill'\l' Studies $31,3090 .$16,695 .73.0% $24.375 $9,015 $3,472 $22,730 .% $1.818 $43,400 ($10.6701 151.6541 $2J.781
8A Arts and 5dences .3ch~lor ofSclencl! In Communication $66,780 $16,695 73.0% $48.74. $18.031 $6.944 5'5,060 8% $1.805 $8&.1!OO ($51.7401 1~.13'} $'7.721
BA Amard~ 8:1l1chelor of S(:~e In f-h.lrn3n SerW;e$ $66,780 $16,6'5 73.0% ~8.74' 518.031 $6,944 $40.t50 8% S3.213 $0••800 (~,640} 15'.7311 SID..586
BA
BA
Arts:llloo~nce'S
Art:5andS~nce:;;
Bilchelor "fS~e in :Liberal Studies
83.c:~r ofSdena! In Psychology-
$66,780
$66,780
$106,695
$16,695
13.0'}(,
1'3.0%
$48,749
$48,74'
. $18,031
518,031
$6.0944
$6,944
535,060
535,060 ."." $Ol,8US
SI.805
S86.SOO
$86.1!DJ
($51.7401
($51.740)
1~.1391
1~,I3'}
$37.721
$'7.721
MA Art:s a rod Sdcnce:!i Badteolor of Science In PsvchalOoRV $23,920 $11,960 73.0% $17.462 $6A5B $2.4$7 530,000 .% $1,400 :$31.091 151.0911 !$B7} S13.307
AA Businen Auodiltc of Appll~ Sdei1ce In Attounting 533.'" 51',695 73.0% $24,375 $9.015 $3.472 526.350 B" $l.lOB $43,400 ($17,0501 ,151.364} $23,814
M Bu.o;in~'I. A~:>odatl:!:
of AODIled Science lin Busltll!:ss Admin $33,390 51',6'5 73.QlM, $24,375 $'.015 $3,472 $26.350 8% $1,108 $43.400 ($17.0501 151.3641' ·$13.814
BA Bu.siness Bachelor of Scimc:~ In AocauntirtJl: $66,780 $18,695 73.0% $48.749 $18.031 $6,944 ~45,900 .% $1.672 $06,Wo ($40.9001 153.2721 543.809
8A BU5inl!u- &lIdleior Qf S(:Iet'1Cill' In -Bull"~~ Adm-ll1l$1:ratlon 566,780 51',695 73.0% S48.749 $18.031 $6,944 542.840 8" $3.427 $8'.800 1543.9601 153.517} $42.091
MA 9u5lne'5'5- M.. :itl:( ofBUsiM:SS Administration 533,516 $16,758 73.0% $24,.467 $9.{]49 $3.4&5 ~61,900 8% $5.031 $43.564 $19.336 S,1.S47 ~.37'
MA Busin~ Ma~ter afSdence In AccounUfIIIt $22,932 $11,4.66 73.0% $16.7..0 $'.192 $2.385 ~5,900 8% $3.671 :S29.107 $16.093 $1,281 $'1.971
D
D
Crimlnal Justice
Crimlnal Ju:s.tice
Corr«tfQm; cco,rtiflcatl'::
Pli'lta.te Security certmca'b!:
513.'56
$19,663
$8,904
$13,109
73.0%
73.0%
S9,75O
$14,354
$3.606
$5,'09
$1.389
$2,045
$19.150
$19,150 ."
8%
$1.532
$1,531
$17.360
$25,558
$1.790
1$6,408)
$143
1~5131
$14.361
$16,064
M Crimlnal Justic!' As5Oda~ of ADDlled 5tme $n CrlmlMI JLJrt~ $33,'" $16,6'5 73.0'JI6. $2'.375 $9.015 $3,472' $13.480 8% 51.878. $43.400 1$19.9101 151.5.41 $12.202
M Crimf~1 Jl1stke ASmdil-tc:: of Aaulled 5cietlcI!: ilh Fire Sdence $'3,'" $lti,69S 13.0% $~4.n5 $9.015 $3.472 $23-.480 8" $1.878 $43.400 151'.9101 151.5'41 $22.202
BA Ciitnil'J.CllJu:!itice 'Bachelor of Selena! In Criminal rwtia! $66.780 $1'.695 73.0% $48.749 $18.031 $6.'44 538,850 8% $3.108 $86.800 1~7.'501 ($3.8361 $3-9,850
OA CrimtnalJustice B;lIchelQr (If Sd~e In -Flr~ sq~DI:' $66,780 $16,695 73.0% $48.74' $18.031 $6.944 $38,850 8% S:U08 $86.800 1547.'501 153.•3.1 $19.850
MA CrimUtaI Justke Ma.$'IK ofSClenc;e In CrlmlnaIJu5-tic-e 521,175 $10,588 73.001. $15.453 $s;n.7 $2.202 538,850 8" $3.108 . $27.523 $11.327 5906 $27.537
MA £ducatlob M;ir,o;IH ofSdence In Education 520.7" 510.395 73.0% $15,177 $5.613 $2.162 555,000 8% 54.400 $27.023 $27.977 $2.23.11 $3-6.S03
MA :Education Master ofSdenoe In Hfr.:tm' EdlKation 521,100 $11,550 73.0% $16J~-63 $'.137 $2,402 555.000 8% 54.400 $30.025 $24.'75 S,1.998 $'7.127
MA Educiltlon M.oiI~er of$dcnce In EdUGiltion in l-RSttuctionill.Tech $19,250 $9,62S 73.0% $14.053 $5.1518 $2.002 555,000 .% 54.400 $25,021 529,979 S,2.398 $36.087
AA HealthSel!'t'\Ce'S 'Aaodate- cf ~Ied Science In Medlcai AsslstlnR $34.132 $17,066 ~3.0% $24.916 $9.116 '$3.54' 52'.700 8% $1.8'6 S«,lG4 f$20.6641 151••53} $12.526
M -HealthScien<:es Associate of AQollee:l Stiooce In Medit<l~ Office MJ;mt S,33,761 $16,B81 73.1)% $24.646 $9.115 $3.511 513,700 8% $1...6 $43.882 mO.t021 151.61Sl $12.42.
HeillthSd~ Bacbe:lor ofScieoc;c In Heafth and weU~ $66,780 $16,695 73.0% S-lB..031 $'6.944 $30.200 :S86,!OO ($56.6001 1~.528}
"'"
SA Heatth Sdl!:lKe'5 8a~or ofScllMKe In Heatth and weUnes.s 566,780 $16,695 73.0% .
$48.749
$48,749 $lB.031 $6.944 530.200
0"
8"
$2-.416
$2.416. SB•.800 1$56.6001 154.52.}
$'4."2
$34.992
:MA Hl!althScll!nOeS Master ofHe"lth C<lre Admin~tr~tlon $21,640 $10,920 73.0% $15.943 $5.8'7 $2,271 $64.440 8% $5.155 $28.387 $36.053 52.884 ,~2.088
1M Othe, 0Ikt $330,761 .$1-6,881 73.0% .$i4.64G $9.115 $3.5'11 $35.000
." $2:800 :$43,881 158.8821 157111 $28.773

AlrafiliC oostofedu(;lIUonpoe-rYNr
i-V'" dqre total co~
-4-yr degre total cost
-
$ 14/939
$29,871
$59,755
~
SI2.'"
$04,966
$-4.51,513.1
ll!!!!ill
($2,456]
($4,'12]
($9,820]
~ltal"l
-16"
-16%
-16%
-
$ 36,012
S7.8" ~12,OI9) 1$<,009) 510,686 $4.SOI· S,nJ
58.6'" ($11,<09) ·165,W4) $10,lil $4,50& 5.72J 43:.‫סס‬oo otne:.eIAdmlrllm'iltWe SUpport
Sl.2" (529,05') 167,265) Sg,430 S.f,~1 1.630B 27---4099, Medla/Comml,lni(:;l,tlon Workflt.. OlfHIr
:55.&" ($26,104) (56.64') 610,146 $4.SO. 1.638 29-0000 H~o:IlthCare Pr.!c1i6onerlTechnic!lII, O<hltf
:52.2" 1529,05') ($7.265) 5.,430 54.SO. 1,638
52.2" 1$",05') (67.165) 59.430 $4.S01 1.638 27-..009 Med~/Col1l"mla1lcatlan Worbr.. ot:t..r ITo,.1 1_ 104,900
72.3% ($61» ($lll61 $11,654 $:i.U' 887 I
'2.1" (5',576) ($4.7881 511.1lO7 $4,501: U.12S 43-3031 B~1n& AuDUlrtInI·'&'AudititW derb:
62.1"
sa.8>l
57,2"
($••S761
1$21,9711
1$2'.68"
($4.7881
($5,743)
(66.172]
$11.907
. $10,952
$10.523
5'.S08
$4.$08
$.,soa
11,12S
6,370
6,370
43·3031 0 - ....... Acco<mtt1.&Aud..... Clerk,
13-2011 ~tantI.ndAuciton;
1~ Btt$lness.nd FiMndal Op«.atJonl Oc:CUpatlonl
I"'" and Sd<l1't$
Business
Crimlnal Justice
18"
35"
2[)"
18...,
36,715
20,9&0
Jg.I!i" $JO,seo 55.430 $2'.188 6',S2S 063 11-1021 GeflC(~1 &.Optfatlons M~MC«-S Educiltion 5" 5.245
10,6" S9.039 $4,519 $15.'85 53,096 U3 1l~2011 AccOunt.nb ilnd AuditOrli HelIlth Sd.ncu 18" 18,882
74.9% 61,005 $503 69,407 $>',.0. 2,195 33-9032 S~urtty G~rd Other 4" 4,196
1§1.m(, ($3.599' ($1,799' $11.309 63;53. 2,-S9S 33--9032 'St<L1riry Guard ITotal 1""" 104.900
5!J.4" (511,1.8' ($5,594' $11.101 68,$08 3,462 33-0060 Ptot~t~ 5eMce O«upaUons
5',4" ($11.118' ($5.594' S11.101 S8,$08 3,462- 33-‫סס‬oo ProtKt.... SeJYke O«opatJoni;

5404" ($26,9301 ($6,7ll' $....2 $4._ 3,640 33-3051 Pok:t&~ltfP"troIOfficers


MA"
79.2%
84.6"
(62',930/
\6,362
615,713
($6,733)
$3.111
$7,857
59,962
$15,76K
618,252
n:
$2,007
3.640
986
1.748
33;3052- 'oice & Shec'KfPatrof Ofllcers
33-lO5.l Pob & shMtffr.tnll Officcn
11-9030 Eduutlon Admlnst~«:5
83,'"
85.6%
$14,027
616,837
$7,013
SMI.
518,563
$115,044
$3,11'
$',599
1.74'
1.748
11-903(] ~dUc.itionAdmiJUtrator.s
11-9030 t:dutJItlonAdmlnstrator.s
5'S'.1% . (5ll,60S) ISS,803} 611,26' $4,008 S.721 31-9092 Medk.11 AS$lstilnts
5!U% (611,335) IS5,6171 $11,213 $4,558 5,721 .31-9092 M«tlul Asslltanu
41.5" ($31,788) .IS7,'47) $8.7"8 Sol,"" . 3.276 29-9099 Healtht.are Workers. OC:~
48.5'" ($31,788) 1$7,'47) $8,748 $4,S08 3.,276 2~!JW!J' HulthClre Woricers, Othef I
8G.~ $2Q,24& $10,124 $U_ S2,948 ..7 U-091!U' ~"',eu. other
68.3% ($4.980) . ($2.494) $lo1,J1G $4.... 4.196

104,900 GG.l:iS5
~~E
..... 1:1CI ....
~~~
~~t::

:::: ~f!tI ~~~


~~~ ~~~

~
i!l~~
;s i::E~
i!ltil:::
'" pion ~.'-'fly IWl'0)

E,- ,.uul""'ed A[(:t:~t .. L!c Rcc.",r·cJ Sill,;lry 1I~~u


,.
A~~"'HH;d Ol"ht
;~. OOE
~Olllt Ed .. catlon Es'
{\IUl".,t NUll Pc' VI Ocht SJlJrv Debt/Income debtl..:loild ~t.Jft1111: Dlffcrcm.,-, d.ff",ft;ll(-:- "e
I'rClgr;l1ll Co~t COSlfyr f rliln,,,d U",bt ht'tIU'\cecl ScrVI(O,; poetBLS ra~l~ p"rRlS ,alary TlI,t
. $13.18] (S.SI)

""""""
AIts'UldSc:lenoil., Au:od..tltof~SCHnc.lnttum.nS.Mc:es $.13.390 ,$1','95 73,"" $24,3:1S $9.01$ S2.711 5>2.000 SI.760 ($11,21513) $24,837
Arts~"d$(le~ Anod..t~ otSrJmce In lnterdlsdplin,lry Studies S33,'90 $lG,GDS 13.0% 5l4.'7~ S9,015 I $2.711 S12,7'0 51.31! 533,89' 1$11,1.') iSln} '$25,562
AIU ill\d Sciences !adlelo, ofSdenc~In COmmun~th;Jn 566,780 516,695 n,,", 548,749 518.031 $!),421 5",060 $2.8OS 567,787 1532.727) 152,61.) $41,244
Arts.nd Sciences aOldu::lul afSdcnceiuHum3hSefYi(es $66,780 $16,695 7• .0% $48.749 51.,031 5~.4" $40,160 8" $l;21,J 567,787 IS27.627) ($U10) $46.912
Arts .nd Science. Blm-Iot afSdl:nc. in lIber.1 Stud'" $66,780 $16.69$ 7',0% $4a.74'S' $IS.031 $~.4" $lS,DGO 8" 52,8O~ ~157,717 1$.]2,7271 ($1,610) $4>.244
$18i;;9S $11,0]1 $lS,OGO
Arts .nd SCience.
Arte.ndStiences
BamriOf of~ce In P~hljlllo:P'
I\aet.elor ofSdm(@;lnPsvehoCo.r;v
$«:i,7!D
$'2],920 "$11;960
73""
73""
$4.1,7"19
$11.482 $6.4S0 I
$S.42J
$1.942- $30.,000 ""
8"
52.8OS
52:400
$67(787 "
$~Jl,2.J
1$'Z,7271
$5.719
(S"6'O)
S458
$4).244
$28,033
Buslnen ~t .. of App.td StIMKa In A«:ountfnc 5",390 S16,695 73"" S24.31$ $9.015 52.711 $26,350
"" $2.108 5",89' (57,5431 (S6031 527,'"

...... .........
1M autln." A~t". of App~ed Stlmc. In ~m, Admin $~3.390 516,69S
"$115,&95
7''''' $24.37S 59,01S , $1.711 $26,350
545,900 "" $1.101 S'l,8!)3 ($7,543) ($60'1
($1,7511
$27.965
$SI,04O
OuslnlllU S"ct.dor ofSclenclt Irl AccnuntJnlt $&6,780 73"'" $ea.749 $11.051 $S,4n
"" 5U72 S67,787 1521.817)

.,..,.""""
BusJttess ~thetcr ofSc.len<:e ~1 S~1"Ie$S Administration $66,780 $'6,695 73"'" sca.749 S18.031 S5,423 5<2"" $3.427 $67,787 (524.9471 (51,9961 548,839
MA M.d« of BusJnen AdmlninnUon S33,!.I& SI6,75& 73"'" $24,.467 $9.049 $2.72'Z $62•.00 $5,On 5"',0" $28.819 $Ul0 $54,234
MA 81.U1t$s MiI~ ofSdenceln A.c.:CIOUncln2. $22,932 $13.466
sa.- 13"" S16.74O 56.192 : 51,56Z $<5,900 $3,672 $lJ.278 522.622 51.810 S39.Z01
0
0
itlrllnllh.tb
CrfiotllNlCJurtIce
Conl!Clfocuc.ntfiut.
PtM1e'Secuf'hy ceittrkat~
$13,356
519,663 $lJ.~
73.""
73""
$9.7S0
$14.354
$3,606
'$S.309 :
51,085
$1,597
$19.150
519.150 ' ,.,..,. 51,S32
$1.532
51].557
$19,959
$5.59]-
($8091
$447
ISGSI
527.378
$19,Dal
M CrlmlMCJ~ Assoclil1e of AppMed sdmor.ln Cflmlnal ~ $~3.390 516,695 7''''' 524.>1$ 59,01' ' $2,711 $23.480
.,. $1,878 $33.'93 1510:<131, (58331 $25,901

....
M

MA
Crh..h\illJustKt:
Crlml~ JLI'!tke
_Crll'l'tlMl1JustJa:
C,imlnalJustla:
Auocl.illc ofApplic,!d Scicooe In Fke Sc.lence
81che1or of Sclente In Olmlnal JustlCl'.!
Bilchdcr of Sc.1ttKt k\ FlIe SCIet'lC\!!
Master a(scl.n~inCrimlnal Justice::
$33.3go
$66,780
$66,780 ,
$21,17S
516,on
SlS,695
$16,69$
$lO,5U
73.""
73,""
73,0'>'
73.0'>'
$24.375
$41.749
$43.749
S15.458
~9.015
$11.031
$18.031
SS,717'
5Ul1
$S,423
' $~,42'
$1.720
523,48Q
53.l,ISO
5'8,150
$3.!1.~SO
""
""
8"
$1.178
Sl.t08
$3.108
$3.108
S33.~93
S67,7.7
S67,787
$lJ.4M
1$]0.4191
15i.:9371,
1528.9~71
$"17,]56
1$8.331
($2,'151
($2.3151
$1,388
$25,901
545,010
$45,910
53',6$0
M. , EdUColtion Maltflt,ofSdtlnc* in 11duca1lon $20.790 $1D,39S 73.0" $15.177 $S,1513 $',688 $55,000
." S..."., 521.103 $3>.897 S2,7U $45,16'1

'."."."
M. EduCl'ltlon Master ofSdenc~ In HU:.h~r Ed\lu"tWn S2',100 511,$50 73.0".' $16.863 ' $6,237 $1.1176 555.000 $4,400 523,_ $31.552 $2.524 S45,791
M. EduQtlofl M..101t.... afSdcnCt:: ill Education In InstruC1lonal Tedl 519,250 59.62S 73.OX $14,053 $S,198 $1,S6. $Ss.ooo 54,400 $19.540 $3S,A60 S2,837 $44.751
AA H..Ith'scHnca AuOctate of ~Mt<f SCMr:tC1' in Medical AsJiS-tifUl: $34-.132. $17,066 73."" $24,g.115 $9.21S 51,m' S23.700 $1.896 534.647 ISIO.9471 {$07M $28.260
tl4llolth'Sdences A55Qdlltt: cf~led~ce~ MfldlCIIlOffice M.:mt Stet.RAt 73.o:t' $~G.159
AA
SA
8A
H~.lthkkn~
~NIttlSdences
Bilchelor cfScJencr:'lnHNtth Ind Wdl;:l~
8iLChclar ofsdellce In Healih ahd Wellt\CSS
$33.-761
566.780
$66,780
$16.69S
$16,69S
·73.0':'
73.0%
524,646
$48,749
$4a,740
SU'"
518,011,
$18,031
$2,742
$5,423
$5.423
$23.700
S30.l00
$30.2.00
""
8"
a"
S1,896
$2.ClS
$2:416
$34.270
$67.101
$"7.787
1$10.570)
IS37.5m
1$17,507)
{5846)
(5'.0071
IS• .oo7)
$39.749
S39.749
M. H~th,Sciena:l$ M8st.r of H• .tth CIlr~ AdmIn~,.. Uon S:U.1Wl " $10. 1120 " 73.~ $.lS.II43 $5.897 S1,n4 $64,440 8j< $5.155 522.169 '~42,271 $].312 $52,2'9
Oth... $9,1I~ "S]S.ODO
AA Oth<f 533.761 516.881 '73.0:< $2,4,646 $2,742
"" S2,BOO $34.270 57>0' 5S8 $34.286

AYafiI~ cost (If <tducitlon per year


.2-vrd.«r... totalco.t
4o-yr dtc:~et' to~ co"st .
-
$1A,9J9,
$29.8n
$59,7:SS
Adtu.. ftd
'$14,114
$29,028
$S9,'lSS
!!!I.\o.ill
1$1251
($ZSO)
($499]
.lbI!Iar..llll
-1"

.."
-1"
6il."r.lI ($•• 559) ($4.1m $il.411 $-I.SOI S.nl
64.S" ($••02.1 ($4.014) $12.6.' $4.S01 5.721
58.3" 1$2>.5361 ($50.814.) $10,811 $4.501 :1.638
. 61.6" 1$19.8681 ($4.967) $lI.nl $4.501 1,63.
sa.3" [$23.....1 ($5.884) $10.111 $4,501 1.63.
ss...,. [$23.5361 ($5....) $10,8l1 $-I.SOl J,638 27-4099 Media/Communl(:lltlon ~rke,... other lTotll1 100% 104.900
·n..". $4,113 $2,057 $1.4.017 $'.129 887
157.a" 1$5,425) ($2.7121 $U.9S3 $-1.501 11,125. 43-3031 8ookt;ccpInt. Auoantlnf: & AJ»tIlnc:Ofl"ks
67,1% I$S,U5)
($15,740)
($2.7121 SU,983 $&I,soa 11,125 43-3031 eooldc:Hp1ru:. Acc.ot.wltlntl: Ie AuditlnC'Otrk:s
13-2011 Accountants and Auditors . I""'·ods,,,,,,e. U%
35,.
1~.1JI2

,_
64.7% ($3.9351 $12,760 $4.508 &.170 Business 36,715
GJ.l" ($11,941) ($',4151 $11.210 $-1.508 6,370 U-OOOO BuslnllSS IiInd Finilndill Ope-n.tions Om.-patlom: Criminal Justice 20% lD,'S'1lO
83.3" $10,768 $lD.n~ $27.142 $4,525 163 11-1021 Generat& Open:tfon!l Man_.erl EdlJellltion 5% 5.245
M.'" 516,269 $1,134 Sl lJ.(JOO $',096 163 U·20t1 AaxJ~ts oiInd Auditors Health Sclenc6 1"" 18.191
7'.2" $4.= $2,Ott $10,915 $2.404 :z."S 3)-·9032 Secwit'/ Guard Ott".. .% 4,1H
71.2% ($5.2) 15.91) 512,8.18 $3,5351 2."5 3J-9032 Se<Ufity Guard Iroml 104.900
65.2" [$7••••) 153,744) S12,951 $'.508 M62 33-‫סס‬oo PI'Q~Iv", Servklll Occuplltloftl,
65.2"
&p.a"
60..,.
[$7.419)
($20.110)
1520.010)
1$3,'44'
1$5,203)
1~5.2U'}
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63.1% IS8.930f (S4,4~5) $IU"1 $4,508 5.721
63,00' IS8,4171 ($4,209) $12,486 $4.508 5.721
S7.~ ($24,156) ($6,034) S10,661 $4.508 1,633
61.0?I ($2.,'55} 1$5,n.) $11,5~,6 $4.508 1.638
S7."" ($24,136) 1$~,034) S10.Gl:i1 $4,soa 1.638
S7.7% ($24,136) 1$6,034) $10,661 $4.508 1,63B 21-4l)lY.1 M.di-!CommunIClltlonWorken. Other ITo"l '1_ 104....

r..
16.5" S3,6OO $1.800 $13,160 S3.229 887
61.2" ISs,11.} 1$2,"8) S19,757 $4.508 11,125 4303031 Bookkoopl.... Aroluotlne & Audltl,. Cle<ko

·MSd~ ...
4~3031 8ookkeepi~ Aa:ountine
67.2" 1$5.816' 152,9>8) $13.757 $4,50& 11,12:5 & Audltl.. ebks 18" 11.182
r"·MSd<n<..
--
64.1" 1$16,5261 1$4,1311 $12,564 S4.5.8 1i.370 IJ-.2Dl1 AuountantiandAuditOf.J BusIness: lSI< "36,715 Busintss
62.5':< 1$1"'141 1$4,669) S12,o26 $4.508 ',310 U~ B\t$!Mss and Flnand&l OperBtloN OIxupatIoM Criminal Justice 2"" 20.98ll CriminidJu)1a

I-
U"" $1'1,691 $9.... $16.604 $4.5" 8~ 11·1021 Genef~I&Opentions Manacers Edu.tatton 5,145 EdllClltlon
U.9l' $15,48' 51,1<2 $19,208' $3.096 8~ 1],.1011 A"lOUntanb .ndAuditOf. '"
tB% 11,882 Heall;f\Sdenus
18:&%' $3.604 $1.847 $10,751 $2,404 3~9032 Securtty Guud 00.. Ot....
7l.7'0 IS'lO) 1$4551 $12)154 $3.539
2,,895
2)195 33-4032 s«ulhyGuard To1i11 "" 4196
104,900 /Tobii
G4.~. ($1••01) I$'....} SU,I50 $4.508 3,462 35-«100 Protective SftvIce OccUp~tioM
64.... ($7.891) IS3,945' S12,75O $4.508 3,462 33-0000 Protect;"" Snvice Occupations
Polit.e&Shl:rtffP.trolOfflct~
60.2"
~.,"
($21.47S)
{S2l..15)
I$S,36')
IS5.3091
SI1,326
. $11.32.
$4.508
$4.SOB 3._
3,640 3!·30S1
33:·3052 PoUce& 5f~rirt'Patrol'Omcen
.82.7'0
87.3" '
. $11,316
$23.435
S5,,,",,
$11.71&
$1',4'~
$22,113
$2,159
$2.801
•••
1,748
,,·.5US2
11-90-10
Po1a&StMrtffPltrol'Ofr"!=crs
EduClltlon "dmlM5't~llton:
Bitt" $21,748 $10,17.5 ,$n,425 $3.'" 1.748 11--9030 Education Admlnstrators
88.1% $24.S<O $12,280 S21,905 . $~,S99 1,748 11-9030 Eduatlon Admlnllr.torl
64."'" (SS.21B) 1$4.13'} .S12,927. S4."B 5,121 31·9092 MedkJI A,~nu.
l'i4,G" (S'.D01) IS.....I $12,877 S4.55B 5.721 31·9092 Medhl A1Sist,;,nts
54."" 1527,548) IS'.3811 59,8oa S4.508 3.276 2g·9099 tll'!3khcart!-Wcrkera., other
54."" ($'1,548) 1$6.8871 $9,808 S4.SO. 3.27' 29-9099 Hea~re Workers, ~r '
.88,5%' $29.296 514,&41. .$25,56,8 ' $2,941- 887 11-09199 MIMlerl, Other
72.9% ISI4) Ism SI6,84.3 S4.558 4,196-

104,900 --99.655
Kaplan UniYersltyCWPOI

I::IIl ... lJntJtHMtv"rkly.t1:l01~t fdu.cauof1


l)~ll ..~~ COSH So
abt .!urce"! Pr:>c r;l11 Co!>1 (o~1

Alu and Sdencu $~3,390 $16,605 nlll'


Arb.ndSdenc:fl
Arb; .. nd SCIMCe!
Associate of Aoclied Sc.let1Oe In Human $ervicu
Assudilfe ofSdcncu In rnll:rdl.Jdplinl'" StudlM:.
B.et.eror of Sc~ In CcmmunkatJon
$~3.390
$&8,780
$16,695
$115,595
7J.~
7J.0%
S24.37S
524,375
$48,74'9
59.015
$9.015
$18,031
S2,711
$1,7J1
$5"2~
$22.mo
522.730
$35~050
"'"
10%
10%
52.200
$2.273
53.506
5n115
$27.115
$S4,2JO
155.1151
{$4.3851
{$19.1701
1$5111
154'81
($1.9171
$21,7.i2
$29M3
549.548
Am: .. ndScl~
Am:-indScI~
Ba~Df'ofSr:~ceJrI Hurnl'lnS~
Batbelorot$dmce In LIber"lI Stucfie$
$&6,780
$i6.780
$Uj.[j9S
$16.695
73.0%
73.01<
$U,749
548,749
S19,O:n
$18.0~1
$5.413
$:5.4H
$40.160
$35.060
1('"
10'll
$4.018
.$5.5OI'j
$54,2]0
$54.230
[$14.0701
[$19.1701
(51.4071
{51.9m
S54,132
$49,548
Arts-ind SCJen(:es ~04'ofSdem:e In Pwchoroav 5<6,780 $[M95 73"'" 548,749 $18,031 $$.42. $35,060 10'll $1.506 $54,230 1$19,1101 ($1,917) $40,"'8
Arts -ind Sdenclti. hdlelor ofSC;{et1ct' "" PSY'hol'OlfY $2~,9io $1i,960 7':0!< $17.462 5U58 5i.942 5W,OOO 1(1" $l.ocio $'9.425 510.575 51,05. .$]),427
8<0""'.. ~e 9f ,,"led Sdence 1ft AccoUfltlrc 533,390 $16,695 .)3.($ '$'4.375 59.015 .$2.711 $'6.350 IO'J< 52.635 527,115 . 151«51 157Gl 532.703

-
8<0".... Assod... ofAppW5df.onat .... 8ud~S$Adm'" $33.390 ~16,695 73,0% $24.37~ $'.015 52.711 5'6.350 Ill" 51.635 $27.115 {S7&5' 15161 $32.703
M 8<0"..... S66 7.so 516,695 73.0!< 55.4~3 545,900 (5U~)
M
MA
~wncn,
&uslne~J
8adletor of Sdence- rn Accountln2
BiKhdor or$dllnce In 8a..k1nl AdmWftrltbn
Mi8.$1:tef ofeu,lness Mm~ation
j

$66,700
$3l,5ll!'i
516,695
516,75~
1S.~
73.0%
$48.749
548.749
$::!4.467
$18.031
$18,O~1
59.049
$5."~]
52.7>2
542.840
562.900
"'"
10%
5U90
$4.284
$6,2lK1
554.230
554,230
527.H7
(58.3301
1$11,'90)
535.683
151.13~)
53.56~
$5'9,UZ
$56.541
$65,593 .
51"'~~
MA IIJSlndiS Ma'Ste1 ofSOcnc:e In Accountil1fli 521.932 511,466 73.0% $16.740 56.192 $1,1562 545.900
,,,,,.
10% 54.590 $21.278 $2,12-' $47.453

-
'0 Criminal Jultl~ Col'TectlCN C.. rttflC:lI~ $.13,35& $I,0;Q4 73,0% $9,750 53,l\Oli $1.085 $1',150 $1.915 $10.846 58.304 $830 5'0.821
D Crlmfnll Just~ 519.663 513,109 73.0% $19,150 10%
Prlv-ile Secuflty Certlfic3tc
or 53',~90 73.()l<
514,354 $5,309 $1,597 $1,915 515,968 $3,18' $31. $U.5l4
s:m,U;l
..
M QiminillJustke As.sod;te ApPlied Scleflce 111 CrlmirQl JustlCol- $16,695 52(375 $9,015 51.711 $23.410
52~.,,"0
I"" 52.348 5~7.U5 153.635) 153.31
"":
SA
CriminlllJudlc:lll
. OlmlrMIlJustke
Assodit. ~f Appl~ Sc.....celn Fire ~nee
Bilcheto, ofSC.eoce InCrlmml JustICe
53U90
$66.rn
$16,695
$16,695
7J.OO'
73.()l<
524,375
$48.749
$9,015
518.031
52.111
$5,423 . $38,850 10%
52.348
53.885
$27,115
$54.230'
1$3,.35)
(5153801
153631
1S1,53S1
530.123
552,9:>S
8A Oiminll1Justka 8i1dMlor DrSdence In Fire Sd~ $66,780 $16,6!1S 73.01< .$48.74~ $38,850 $54~!lO (515.3801 SSZ.9SS·
MA CrlmlMlJLKtice MiHtltfCfSdrrnce In Crll1llMlJurtioe $21,175 $lD.51l8 73.0% . $15.458
$11-.031
$5,717
$S.41l
$1.7>0 $ll.KSO '''''
Ill"
$3.885
$],38:5 517,"5. 5H.655
1S1.53S1
$~.165 540.641
MA Educ.1l1on 520,305 13.lll' 555,000 ~5.soO
MA Educiltlon
MllosterofStierlce in EducatJon
Milorte" of,s.c:a.nc• .In HI"'.r E·duCltlcn
$ZO.790
$~3,100 $11,550 71.0%
'5'5.177
516.86~
$5.6"
$6;"31
$1,66"
5L876 $5S,OOO '''''
,'''' 55.SOD
516.883
$18.159
$38.117
Sl6.H1
$5.812
$3.624
555.055
555,679
MA Education Malt.. of Sdl'lnfft en EduCZltlon In ~ns1NC'tlon.11 Ted! $1',250 :$Q,[j2S
n"" $14,051 $5,19& $1.563 $S!i,OOO 10!< $5,500 $15.G'12 $39.368 53.937 $54.639
M HeahhSc:iefI(es Associllte 'of l\oQlied '5den«! In Medical AS$lrtinJil $~.132 $17,066 nOl< $24.916 $9."& 52,.7n $.23,700 10'll 52,370 $27;717 154.0171 l$<021 $lO.S:U
AA
SA
Heal1hScienCl:'S
Hulth 5cMnCfl
Assocl;ate of./wgllLod ScielKc in M~k.ill Office Mnnt
B.c:h.kir of Sdltl'lUlln HtIlkh and Wellrlt'S1
$33,76.
$66,780'
. $16,801
SlG,[j9S
13.""
n.o-A
5~4.646
$48,74i-
59.115
$UI,031
$2,742
$5.423
$23.700
530.200
",,,
10%
·$2.370
$3.020
527,416
$54."30
~$3.1161
[$24.0301
($3721
{5'.4031
$30.420
$45.119
8ad~r of Sdence In Heahh Met WtllMss Sl.mo $54.~30
IlA
MA
AA
W~~hSc:lt"~
....ealth SdetlU-S
01......
Marter Qftk~tth Cue Adrninlstration
Od...
. $66,780
$21,B40
$33,161
516,695
$[0.920
$ll5,Ul .
73.0"
13.<1%
5".749
$15,943
$24.64&
$[8.031
55.897
S'.115
55.423
$l,TJ4
52.742
·$~.200
$64.«0
535.000
'''''
10%
10%
$6.444
$',500
517,735
!U1.4tG
1$24,0301
$46.105
($2,4051
54.670
57S8
$4S.17g
$63,825: .
S40.57!" ,
13."" 57.'"

l:IIuSm 8IIllltlOll 0.... 1$) .~


A....npi.cost of adUc.tton per v-ar. $l,siG
2·Yf d~r~ total cost
$14,'99
5~,817
. $.7,474
$34,949 $SA71 ''''
17%
4--Vr de&ree total co~ $59,755 $69,897 ·$10;143 J'"
68.7% IS4,"'. 1$2,299' S14.... S4,SOIl 5.721
69...." IS3,942) IS1,911' ~14,'124 $4.508 S,nl
83.&" ($I'.232} {54,JO"' $12,317 S4.S08 l,fi31
0&.7" ($12.G48} {S3,1<i2' S13.'" S4,S08 '1.638
63,~ (S17,2321 {54,'OS' $12,lS7 S4,SO" 1.638
63.6" (S17.2321 {$4,3Q,i, $12,~8? $4,508 1.63' 27-4099 MedLVCor1mLJnicatklnWotkers. Other lTotal lOO'll 104,900
BO.7% S.,so7 S4,753 S16,71] $3,U. 187
43-3031 IIIookkHPlnl. Accounting & Auditl,. CletkJ
12.." 1$6871 {$344f $16.3S! $4,SO" 11,125
,''''
72.4"
69.6%
61,1%
1$6871
1$7,4'"
ISUl,219'
{$344)
($1.812j
(S2.,560)
Sl6,.351
$14,12.5
S14,m
$4.S08
$4,SO!
S4,W
1l,12S
'.370
6.370
Cl·3031 B~ACCQUI1ting&~dltlrcoerks
13·2011 Acl»MIIUhts and Auditors
1!--OOOOllllSlnel$..,d FIo&O(ilol Opco:r.tlDO$ O«~tlons
r'Undsd;;;c.. ,
&u~ne~
Qirnirloll JuatiClt '
""
2""
' ".182
36,715
lO,_
I""'.. .
IkalntU sa""'"
DlmloilIJustke
86.2" $32,077 $16,'038 S'2,7!J15 $4,12' 863 11-1021 G~leral & Operations Maha~fS educath::ln 5" :5,245 Education
87.~
82.7"
76.4"
S24,521
S7.405
$2.861
S12,261
$1,732
SI,''''
S23,727
S12,636
$14.5'9
S',096
$2,404
$',S"
863
2,,19:5
2,895
1],-2011 AccountintlandAudilors
303·9032 seeurltyGuard .
33·9032 Sec:urityGuard
HeiLlthSdt:l1C."
0'1>0<
TQtIIl
""
4"
' 100%
18,U2
4196
104.900
Health Sciences
0Ih.,
Irotii
70.1" (S3.2671 (S1....) S15,(I(;I S4,508 3,4'2 ll.(JQQO ProtlKttH s.Mce OCC':lpaUons
70.1" (S3.2671 (SI,.34) $15,061 $4,508 3,462 .n-oooo Plot~~Ot:('llplltbns

(S3,4~0)

...
<;G."" ISH.8251 S13,239 S4,sao 3,640 33-3051 PoUce& 5h1!irtfl'~atrol OffIcers
66."" ISn.8251 1$3.456). $U,21i! $.,SOA ',640 33·30S2 Pofic:c&SheJiffP.boIOffic.ers
.5.g" SI9,..B ,S9.733 $20,.311 $2,85' .53-!OS2 Potic~&:Sl1eriffPi1tfaIOfttc;en
l1··~io Educatiol'lAdtni'nstrillto.rs
19.8% S34.265 $17.133 $27.528 S2.607 1,743
as.8% $32,579 c$16,2S9 $27,A39 $3,119 1,748 ll-go30 EduutiOD Admlnstntors
'90.5"" $:lS.lA9 $17.69' $27,320 $2.599 1,748 11-9030 Edue;.ttanAdrrllllnntou
G~.8% (S'.BIl) ISI.OO6) 515.260 S4.608 s.n! ]1-9092 M~lcal Assistants
70."" ($1,341) 1$1.670) $1S,21U S4,5" S.721 31-909'2 M~icaIA~.nll;
601" ($21,601) IS5,;IOO} $11.295 54.W 1.27G 29-909i UI!l:Ifthc:llre WDl.~. Other
601" {$21,60U IS5"OCI $1~"5 54,508 3.276 ~9-9099 Hutthure Wot'kers. Otht1'
90.""
77.5%
$41;985
$6,818
$20.992
S3,A0.·
$31..,2
. $20.289
S2,"'.
~.SSI
..7
4.190
1l~199 ~11olC~rs. Other

104..900 99.15~S
. . . . Un"",,,,,, IWPOI

nrld;:PCl:'l nt Fd_C71:l:Cn

;')I(;~,,,.II (c'

Arb IIl'Kf $d(rKlC$ As~t. of AppMId SC'-noe In Uumlln 5e(vkl6 $33,390 $]6,695 73.004 $24.375 5'.015 52.356 522.000 10% $2,200 $Z3,5G] 1$1.SV31 (5156) SU.773
Arts and sdenoes AuodIIte of Sc:1mte: In Intel'dfsdl:lliNrv Studies $3l.3!JO $16,695 73.0% 522,730 {S8331 1$83)
A.m iIInd Sciences l!ollet1eklf ofSde:ncf: In Commutation $66.780 $16.695 73.0%
524.375
$48.749
· 5',015
$18,031
$2.356
54.7U 535.060 '''''
lOll
$2,27'
53.506
$23.563
$47.127 ($12.Dan 15'.207)
$32.52l5
SSJI.:Z98
Artl .nd SclencH 6:1l1chelor otSdcnte in Hum."; :5.-vic.u 566.780 $16,15';5 7J.~ S48.74-9 $11,031 54,71] $40,160 I"" $4.016 $4:1,U" (56.•67) 1$687) $59.573
Arts .nd Selef'u1., s..ch.lor af S~ftr..e. jn liberal Smrtle $56,710 $16.685 73,004 $4'.74' 51M31 54.713 $35;060 10% . $1.S06 547.127 l$lU67) 151.207} 5S4.2~'.
AftsNld5(~ 8achdor of SdttKe In PsifdtOlO&Y $66,710 '$1',695 13."" $40.74' 51!,O31 54,713 $'5.060 IIll< $3,506 547.127 ($12.067) (51,l07) $s.t.2iB
Afts.ndSC!efl<K
BuSlrleU
BxheIor gf $dtnoe In P!.vchoJocv
AuodIt. at ApJll~ S(~ '" Acoountlnc
$23.'20
$33.'80
511.!l6O
$16.6'5
13.""
73.""
$17.<62
$24.375
5f,45O
58,015
51.680
52,3~
$>0.000
$26,350
·iO'l'
IO'il
$1.000
$2..635
$16,8&0
523.563
513,120
$2.787
$1.312
$270
S37.~1
$36.273
Bulin•• Assodille ofAppl!filSclfl;.a 1n'~nesloMmln $33,380 $15,6g5 7J.~ $24.n5 ·$9.015 $2,356 526350 101<. $1,635 $21.563 $2.737 $27. 536.213
.... ""In." B~QtSdt1KelnAlX'OUl'ItinI 566,7110 $16,695 73.0% $q.74. $18.031 54.713 $45,800 10% $4.590 $47,127 151,227l 151'" $65.511

I~A
Business BId1eIof ofSoeknce In ~.m.uAdmlnlstntion $66,780 516,695 73.0% 548,74. $18,031 $4.7]] $42,140 10% 54.284 547.121 154.287} 1$42S1 $62.346
il.usiMu Milrt_r of 6usiMt$ AdmlnldTltlcm $n,Sl. $1l5,751. 73.0% $24,467 $9.04. 52.365 $62,900 ,0% $6.1~ $23.GS2. $3.9.248 53.'25 S74.115
MA M...tIM of Science In AccoLlntJl'Ul: $22.9]l $11,466- 73.0% $45,800
0
0
P,llsfMS'S
Criminal Jus11Ct:
Crlminll JUlI11c.
Corrections certificate
PIrate 5ecurity Certlf!(:l'Ite
513,356
51'.663
S8,904
$1.],]09
7>.0%
73.0%
$16.740
5',7SO
$14.354
$6.1'2
$'.1IOll
55,309
$1.61'
$,.,
51,3"
$l',ISO
$19,tSO
'""
10%
10%
$4.590
51 .•15
~j],915
516.183
5.,'115
$1',876
$29,117
59,ns
$5,274
$2"n
5.72
$527
$5:J,G7l
523.41.
$25,1111
AA Cr.lrnINIJIJ5dc. Associate of ~~ Sdenc..fn erlnllMi JlJlltlOll $33.380 $115,11595 73.,", $24~3i':5 · $9.015 52.356 523.480 10% $2.34' $23,55J ·($831. ($81 533.304
AA CrJmInlIJustn. Aswc:i;,ta of Acld*l Sdenor I" F1~ Scter'lCle $'3,>90 . $16,695 73.1ll< $24..375 5MI5 . $2.356 523.410 10%. ~2.341 $23,5G3 (5631 ($81 $33.304
HA C".rim'NIJlutke Ihchelor at Sdenoe ~ Crfl)li~IJuWCe $66,7&0 51••685 13m< 548.74' $1$.031 54,713 538••SO 10% 53.'85 $47.127 1S8.2m 1$121) $5J.2U
I. CllmitJaiI Jlbdce 8acheforofSciC'nca tnAnSdMKa $66.780 $16.685 1''''' $48-74~ SIB.OJ1 $4,711 538,8SO .'10%- $3.885 547.117 is8,ml ($.28) $58218
MA ·Crimln&IJu.et'ke Mn" of SdMCe In CrimlMl.klstke $21.17!ii . $10,508 73.0% $]5,458 $5.717 $1.494- $3I,R50 10% $3.885 514.'43 523.807 52;191 $45.905
MA EdtJe.tltlon Mntrr Qf ScIence-In Educatiotl $20.790 . 510,"5 73.lll< 515.177 55,6U $1,467 555.""" .lOll 55.500 514.671 S40.329. $4,011 $&2.507
MA Educ.atlon M-/lster of S<.It:l'la: in HI""hrt1'EdUCItian . $23,100 $I1,5SO 7'.0% $16.863 $6.2S7 $1.630 $55.000 lOll 55.sao $]6,301 $38.698 $3.070 S63.Bl
MA Eduation MOIster of ScllftC. In Edl.JCatlon In In.rtl'\letlonal Tech $19.150 $•• ~2' 7~.1ll< $14,053 $5,1'8 51.356 $55,000 l~ $S.5OD S13,Sa,S 541.415 $4,142 $62,091
AA HC!IIthSdtnc6 Alsod.t~ of Applle:d S~ce In M~dicltl A3islstinl( $34.132 S17.066 73.0% $24.916 ·5t.~16 $2;409 $2.3.i'00 1006 $2,370 524,0'7 ($..7) 15m 53'.732
M Health sdem:es Associate of Applied Sdmc.ln Medial Offat Mlm1t 533.761 $16,H81 73.0% $24,646 $9,115 52,383 $23.700 11ll< $2.370 $23,115 ($125) 15131 533.632
eA- H_IIM'Sdencn PkIdJelor ofSdM1C:ft lin I~lth Ind Wd'nes~ $66,710 $16.685 73.0% $41.749 514.031 $4.713 $30.100 10% $3.020 547,127. (516,'271 . 151.6931 $49,21~
.... l-.tlhhSder'l«S .hd1R10l' ofSclencf'Jn Health.;OO wetness $66,780 $16.6'5 73."" $".74' 51'.031 $4,"lu $30,100 100< $3.020 547.117 1$1&,927) 151.6'31 54'.271
MA Health 5dences U~stff ofHeattrl Care Adm6nlstr'atio,; 521.640 $10,920 7].0% 515.... · $....7 51.541 $64.440. 10% $6,444 $15.4]2 549.023 54.803 572.556
AA 0'10" Other $13,7Gl ·S16.081 73.0% $24,G4G 5'.115 52,383 535.000 '10% 51,SOO $2>.125 . '$11,175 51,111 $45.31:1

I
~ &tlI!ftIlj "'''''!SI I!lJliOO
Averaltl cost ohdum.:lo" p.r YHr $14,83' $J9,A79 $4,541 30%
2~Yl' cher". ~l ~Ost: $21I,Q!iSl
4-yr DIII'M total c~ .
$29,177
$5••755 $l7,817
$9,GSl
510.162 "'"
10%
71,&% ($1.617) ($!OO) $15,1.11{;· $4,500 5.721
72.3~ ($'6~) ($431) $1.,284 $4,500 S,nl 43-(J(K(1- Ofli«o/AdminlstratN-eS~ppo.rt
66,S% 1$12,.. ~) 1$3,121) $13,574 $4,500 1.638 27-0.4099 McdhVCommunkiJ,tIonWarker3, Other
69.7" ($7,~07) 1$1,802) .. $14,!-93 $4,500 1.-638 29-0000 Heatthcare Practitiol1et!fechflH::a.l. Other
66.B" 1$t:z,482) 1$3,121} $U.5-74 $4.SD8 1..38
(;6,8" 1$12... ~) 1$3,121) $13,574 $4,508 1,638 27~ Mt:dlilJ/~mmunica&n,Workel'$,Otheor ITotal 1_ 104,900
B2.:8" $U,S71 $.6,78G $18.748 $l,229 887
75.1" $2,88J $1,441 $18,13' $4,S08 11.125 43-3031 Bookkeeping,. A«oonting & Auditing ebb
43-3031 Bookkeeping. Accour.tfng & Auditing derks
75.1%
72.S"
$2,88J
($1.1••)
$1,441
1$31'}
$18,136
$16.3'.
$4,S08
$4,508
11,125
&,.170 13-2011 Accouatal'lbl;.l\nc:lAuditQr.s:
IArts and Sci....<e'
8usiness
18%
3S%
18,m
36,715
71.1~ ($4,434) I$U09} $15,586- $4,S08 6,370 13-‫סס‬oo Busin65 and Flnandail Opcratlord; OCCupations (;rlmln~lju:rtke 2"" 20,950
$~0,300 11·1021 Ge~1 & Oper-iitiam Milnagfi:l-

..,
87.8% $40,5" $J',OSa $4,515 1161 EduCiltian '% 5,<:45
1lo3.S"% $30,140 $15,370 $~6,I3G $3,_ 116J 13-2011 Accauntarots.aodA..,dltQr5 H'l!!alth Sdences 18% 18,8a2
".Enl $10,060 $5,030 $13,'34 $2,404 2,895 33-9032 Security G~rd Othn 4.196
78.9% $S,4SS $2,72a $15,83' $3,53' 2,.'5 33-9032 Security Gwrd JTDtill lOOl< 104,900
72.9% 1$86) ($43} $16,.52 $4,5<18 3,46:2 33-00:0 Protective Service Occupiltians
1'2.9% 1$86) ($43} $16)152 $4,S08 3,462 33-00:0 P'rotKllve Serv~ O(ttI~th;Jre;
69.0% ($.,562) 1$2,140} $14,555 $4,S08 3,6<0 33~3051 P"lice&'ShefiffP..troIOfficli:l's
69.0% ($8,562) ($2,140) $14,:55:5 $4,SO' 3,640· 33-3052 Pallo!- & sherlHPatrol Offlc~n
&7,S% $24,730 $12.365 $~2.'53 $2,8-59 98. 33-3052 PQI~ & S~iffP~trol OffIcers
91.00' $41,'17 $20,a5. S~I.2S4 $2,80' 1,748- 11-9030 Education MmtMtrators
"90.1% $40,031 $20,015 ,$31..:565 $3,119 l,1U 11-9030 EduCiltlan Admfrmrator$
'L6% $C2,841 $HAll. $31.046 $2,599 1,748 11-9030 'Education Admi"nstl'illtor5
12.7% ($400) 1$200) $16,86. $4,_ 5.721 31-9092: M'edkaIAssJ:stants
72.9% ($U.) ($.') $16.816 $4,5-51- 5.n1 31-9092: M~IJ\l;~nts
'3>4% {$I',S<J91 {$4,377) $12,3t8 $C,5<18 ],2.76 29-9099 H~ii-ltfK:arc WlJfk£n,.Other-
63A% {$I',S<J9} {$4,3m $U,31a $C,5<18 3.276 29--9099 "f!illthcaleWalk~f§.Othef
91.9% $50,116 $25,358 $36,2711 $2,94J! aa, 11-09199 MaMg,m, Othe~
79,9".' $11,500 $5,78;0 . $22.660 $4,558 4,196

104.900 99.65.5
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