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Cost & ROI · 2026

Is Mid-America College of Funeral Service worth it?

Pay $30,606/yr after aid. Graduates earn a median of $44,505 ten years out — about 1.5× the annual cost. EduGradify value grade: D.

Net price $30,606 per year, after aid
Earnings 10y $44,505 median, post-enrollment
Median debt $16,666 ≈ $181/mo
D Top 93% Exceptional Investment

The ROI math, in 30 seconds

$30,606 × 4 years = $122,424 total cost
$44,505 / year earned 10 years after enrolling
=
3.64 ROI score Grade D · Top 93% value

Benchmarks

Mid-America College of Funeral Service vs Indiana avg vs national avg

How this school stacks up against the typical Indiana college and the typical US college.

Metric Mid-America College of Funeral Service Indiana avg National avg
Avg net price $30,606 $19,858 $18,467
Median earnings 10y $44,505 $55,495 $50,834
Median debt $16,666 $22,640 $19,694
Graduation rate 32.1% 54.4% 49.9%
Acceptance rate 76.5% 72.3%

Hidden cost

What you actually pay, by family income

Net price after grants and scholarships changes a lot depending on family income. Find your bracket.

$0 – $30k Low income
$29,894 per year
$30k – $48k Lower-middle
$32,971 per year
$48k – $75k Middle
$29,041 per year
$75k – $110k Upper-middle
$35,453 per year
$110k+ High income
per year

Total cost

4-year cost projection

Estimated net price each year through graduation, assuming a typical 3% annual tuition increase.

Year 1 $30,606 2026–2027
Year 2 $31,524 2027–2028
Year 3 $32,470 2028–2029
Year 4 $33,444 2029–2030
4-year total $128,044 net of expected aid

Sticker price (without aid) would run roughly $141,812 over four years. Most students get $4,847/yr in grants and scholarships.

Debt math

Loan repayment scenarios

If you borrow the median $16,666 at a 6.5% federal rate, here's what each repayment plan looks like.

10-year standard plan $181/mo Total paid: $21,720
15-year extended $136/mo Total paid: $24,480
20-year extended $115/mo Total paid: $27,600

Debt-to-earnings: 37% of one year's median pay. Financial advisors recommend keeping student debt under 100% of expected first-year salary. You're well below that threshold.

Lifetime impact

Lifetime earnings boost vs no degree

Over a typical 40-year career, the median Mid-America College of Funeral Service grad earns about -$19,800 more than a high school graduate (assuming HS median ≈ $45k/yr, BLS).

Annual earnings advantage +-$495 vs HS-only median
Career-long boost -$19,800 40-year horizon, today's dollars
Net of 4-year cost -$142,224 after paying $122,424 for the degree

Caveat: this is a population median, not a guarantee. Actual outcomes vary widely by major, career path, and individual choices. We're showing the median to set realistic expectations.

The verdict

What the numbers say about Mid-America College of Funeral Service

The average student at Mid-America College of Funeral Service pays $30,606 a year after grants and scholarships, against a $35,453 published sticker price. That is above the IN average net price of $19,858.

Ten years after entry, graduates earn a median of $44,505 — below the IN median of $55,495. Weighed against what students actually pay, EduGradify models this as an exceptional investment.

Typical graduates borrow about $16,666, roughly $181 a month on a standard ten-year plan — a manageable load at about 37% of one year's median earnings.

Smart alternatives

Cheaper Indiana colleges with comparable outcomes

Same state, at least 20% lower net price, with earnings within reach of Mid-America College of Funeral Service.

Frequently asked

Cost & ROI questions

What is the net price at Mid-America College of Funeral Service?

The average net price — what students actually pay after grants and scholarships — is $30,606 per year. That's $4,847/yr in financial aid against the $35,453 sticker price. Over four years, that adds up to roughly $122,424.

How much do Mid-America College of Funeral Service graduates earn?

Ten years after enrolling, Mid-America College of Funeral Service graduates earn a median of $44,505 per year — below the national average of $50,834. That's about 1.5× the annual net cost.

How much debt do Mid-America College of Funeral Service graduates take on?

Median federal loan debt at graduation is $16,666 — about $181/month on a standard 10-year repayment plan (assuming a 6.5% federal rate). 66.8% of students take federal loans.

Is Mid-America College of Funeral Service worth the cost?

EduGradify assigns Mid-America College of Funeral Service a value grade of D — top 93% on real ROI nationally. The math: pay $30,606/yr, earn $44,505/yr ten years out, ROI score of 3.64. Exceptional Investment.

What financial aid is available at Mid-America College of Funeral Service?

51.3% of students receive federal Pell Grants (need-based federal aid). 66.8% take federal student loans. On average, students get $4,847 per year in grants and scholarships off the sticker price.

What's the difference between in-state and out-of-state tuition at Mid-America College of Funeral Service?

In-state tuition is $19,000 per year. Out-of-state tuition is $19,000 per year — a difference of $0/yr or $0 over four years.

How does net price change with family income at Mid-America College of Funeral Service?

Net price is income-adjusted — lower-income families typically pay much less. Students from families earning under $30k pay about $29,894. See the chart below for all five income bands.

How we calculate ROI

Every number on this page comes from the U.S. Department of Education College Scorecard. ROI score = (median earnings 10 years out × 10) / (avg net price × 4). The higher the ratio, the more graduates earn per dollar invested. We then percentile-rank every US college on that score to assign letter grades A+ through D. Read the full methodology →