It's important to remember that a school's published costs may not be indicative of what it will actually cost to attend. Time magazine wrote about this in their article Yes, you can get a college to cut its tuition price. Nonetheless, this inflation-adjusted look at the historic annual costs for tuition, fees, books, and supplies can give you an idea of the costs you might expect in the coming years. Comparing the total costs inclusive of room and board (if applicable) with the annual net price estimates in the previous tab will help you determine the financial aid package to expect.
Private and public universities' charges are difficult to compare due to the in-state and out-of-state price differences of public universities, and therefore we only compare City College - Miami to other private schools within your chosen context group.
Understanding the rules and process that determine who gets financial aid can be intimidating. Here are some quick links to help:
Across the country, graduation rates are surprisingly low. In fact, Forbes Magazine suggests that they are unacceptably low. However, from another point of view, sometimes graduation rates simply reflect the relative preparation of the students who enter. Colleges with a mission to help people coming from less advantaged backgrounds, such as first-generation and low-income students, may have low graduation rates despite relatively strong outcomes for students who face many obstacles to success. Without the context provided in these views of completion rates, it can be tricky to separate predatory schools that take financial advantage of under-prepared students from those that are actively seeking to encourage and help those students.
For the consumer choosing a school, once you have narrowed your list to those schools that you can afford and that seem likely to admit you, consider the outcome measures in this section and choose the specific measures that best describe your plans. Very simply, schools with high graduation rates and high loan repayment rates will likely give you the best opportunity to succeed.
How might your earnings compare with other people your age? Opportunity Insights used IRS data to track almost every person born in the US in the years 1980 to 1991, and they ranked the mean (average) 2014 earnings of students who attended City College - Miami in comparison to all people in the US the same age. Although this data is now a little old, the scope of this project was awesome and gives us a glimpse at alumni performance that we cannot find until a new study of this incredible magnitude is performed.
You might notice a little earnings dip at young ages for some of the top bachelor's institutions. This coincides with the years that many alumni may be in graduate school and earning less.
Opportunity Insights studied groups of all children born in the US in the same year for each birth year from 1980 to 1991. This grouping included every single US child who had a valid SSN or ITIN (tax identification number) and could be linked to parents with non-negative income.
The incomes of all families in a birth year group are measured when the child is 15-19 and these incomes are averaged. The calculated incomes from all families in the group were arranged from smallest to largest, and divided into five groups of equal size. On the left of the diagram, you can see the relative distribution of City College - Miami's students between the family income divided into fifths formed by looking at the entire US group.
In 2014, all people from the same birth year were divided into a new set of five groups that were determined by their individual labor earnings for that year. The students from this birth year who primarily attended City College - Miami between the ages of 19 and 22 were divided into these five groups, and the percent in each group is shown on the right of the diagram.
The diagram lets you see the proportion in each original income group who travel to each earnings group, and provides some insight into the likelihood of financial success after attendance.
If you'd like to understand the nitty gritty details of this interesting data, be sure to check out the well-written Opportunity Insights report by selecting SOURCES under the figure.
A high proportion of international and out-of-state students speaks to reputation and offers an opportunity for diverse interactions in and out of class.
City College - Miami is a private not-for-profit school. Along with publicly-controlled schools, not-for-profit schools do not have the goal of annual profit, but they do want to have healthy finances with adequate revenue to meet all expenses. On the other hand, private for-profit schools have creating a profit for shareholders as an annual goal.