Charter College vs. Musicians Institute

Comparable Facts

Compare Charter College in Anchorage, WA with Musicians Institute in Hollywood, CA on tuition, admissions, graduation, earnings, and student body data using the table above.

Charter College is larger than Musicians Institute based on total student enrollment (2,157 students vs. 824 students)

Location, institution type, and student-faculty ratio

• Charter College is located in Anchorage, WA (Large City setting); Musicians Institute is in Hollywood, CA (Large City setting).
• Charter College is a private, for-profit 4-year institution. Musicians Institute is a private, for-profit 4-year institution.
• Student-to-faculty ratio: Charter College 25:1; Musicians Institute 6:1.

Charter College vs. Musicians Institute Cost Comparison

Which college is more expensive, Charter College or Musicians Institute? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Charter College than Musicians Institute ($33,641 vs. $49,657).
• Living costs (room and board or off-campus housing budget) at Charter College are 21.9% lower than at Musicians Institute ($17,242 vs. $22,086).
• Musicians Institute is 86.8% more expensive for in-state tuition than Charter College (about $15,947 more per year; $34,322.00 vs. $18,375.00).
• Out-of-state tuition is 86.8% higher at Musicians Institute than at Charter College (about $15,947 more per year; $34,322.00 vs. $18,375.00).
• A larger share of students receive grant aid at Charter College than at Musicians Institute (77% vs. 48%).
• The average total grant financial aid received by Charter College students is 77.4% larger than aid received by Musicians Institute students ($7,722 vs. $4,353).

Charter College vs. Musicians Institute Admissions comparison

Which college is harder to get into, Charter College or Musicians Institute? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Musicians Institute and Charter College.

• Charter College reports an open admissions policy.
• Submitting SAT or ACT scores: Charter College - Open admission; Musicians Institute - Test-free.

Charter College vs. Musicians Institute Graduation Outcomes Comparison

How do outcomes compare for Charter College and Musicians Institute? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Charter College's six-year graduation rate (100%) is higher than Musicians Institute's (67%).
• Graduates from Charter College earn a median of about $9,300 more per year than Musicians Institute graduates about ten years after starting college ($44,200 vs. $34,900), per the same Scorecard earnings definition.
• More Musicians Institute graduates are actively paying back their federal student loan debt than former Charter College students, three years after graduation. (53% vs. 28%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.