Carnegie Institute
Troy, Michigan
Carnegie Institute is a private institution in Troy, Michigan with 103 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $15,342 compared with a Michigan nursing-school average of $15,706. The school reports a graduation rate of 100.0%, median earnings of $38,244, and median federal debt of $9,336.
$15,342 is lower than the state average of $15,706.
100.0% is higher than the state average of 47.6%.
$38,244 is lower than the state average of $39,206.
About Carnegie Institute
| Location | Troy, Michigan |
| Institution Type | Private For-Profit |
| Highest Degree | certificate |
| Website | www.carnegie-institute.edu |
| In-State Tuition | $15,342 |
| Out-of-State Tuition | $15,342 |
| Total Enrollment | 103 |
| Acceptance Rate | N/A |
| Graduation Rate | 100.0% |
| Retention Rate | 66.7% |
| Median Earnings (10 yrs after) | $38,244 |
| Median Debt at Graduation | $9,336 |
| Est. Monthly Loan Payment | $98 |
| Pell Grant Recipients | 47.1% |
| Students Receiving Loans | 66.3% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.3 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
47.1% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 66.3% of students take federal loans, so borrowing is common in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Carnegie Institute depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $61,368, while the reported median debt is $9,336 with an estimated monthly payment of $98. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (83.5%), followed by Asian students (8.7%) and Black students (6.8%).
Value Score
Median earnings ($38,244) divided by median debt ($9,336)