Musicians Institute vs. MSB-Lakeville

Should I go to Musicians Institute or Minnesota School of Business Lakeville? Compare 50+ facts and figures about the colleges to help you determine if Musicians Institute or MSB-Lakeville is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.
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Musicians Institute vs. Minnesota School of Business Lakeville comparison
Musicians Institute Minnesota School of Business Lakeville College 3 College 4
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Overview

 Musicians Institute MSB-Lakeville
Location Hollywood, CA Lakeville, MN
Setting Large City Large Suburban
Enrollment 864 140
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - - - -
Status For-profit For-profit
Website mi.edu msbcollege.edu
Team Colors                    

Costs

 Musicians Institute MSB-Lakeville
Tuition (In State) $24,525 $14,040
Tuition (Out of State) $24,525 $14,040
Room & Board $12,438 $5,472
Avg Net Price $36,976 $18,889
Avg Grant Aid $4,265 $5,472
% Receiving Grant Aid 47% 94%

Admission

 Musicians Institute MSB-Lakeville
Admission Chances Calculate Calculate
Applied 348 -
Admitted 273 -
Acceptance Rate 78.4% Open
Enrolled % 42.5% Open
Avg High School GPA - -
Typical High School Grades - -
Admissions Standards Unavailable Unavailable
Applicant Competition
ACT Range
SAT Range
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not applicable
Application Deadline

Academics

 Musicians Institute MSB-Lakeville
Student to Faculty Ratio 6:1 0:1
Popular Majors
  • Visual and Performing Arts (100%)
  • Business (59%)
  • Legal Professions (17%)
  • Health Professions (14%)
  • Computer and Information Sciences (7%)
  • Homeland Security, Law Enforcement, Firefighting (3%)

Outcomes

 Musicians Institute MSB-Lakeville
Graduation Rate 67% -
Median Earnings (After 10 years) $34,900 $35,300
Making Student Loan Payments 53% 42%
Median Student Loan Debt N/A $26,325
Median Loan Payment N/A $272

Diversity

 Musicians Institute MSB-Lakeville
% Men 74% 0%
% Women 26% 0%
Racial Diversity Very High Low
HBCU No No
% White 26% 78%
% Black 8% 4%
% Hispanic 13% 3%
% Native American 1% 4%
% Pacific Islander 0% 1%
% Two or More Races 6% 0%
% International 35% 0%
% Unknown Race 6% 9%

Students

 Musicians Institute MSB-Lakeville
% In-State 20% -
% Out-of-State 27% -

Campus

 Musicians Institute MSB-Lakeville
Campus Housing No No
Freshman Dorm Required No No
Meal Plan No No
Weekend/Evening Classes Yes Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Musicians Institute is larger than than MSB-Lakeville based on total student enrollment (864 students vs. 140 students)

Musicians Institute vs. MSB-Lakeville Cost Comparison

Which college is more expensive, Musicians Institute or MSB-Lakeville?

  • Musicians Institute is 74.7% more expensive to attend than MSB-Lakeville for in-state tuition ($24,525.00 vs. $14,040.00)
  • Out of state tuition is 74.7% higher at Musicians Institute than Minnesota School of Business Lakeville ($24,525.00 vs. $14,040.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota School of Business Lakeville than Musicians Institute ($18,889 vs. $36,976)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Lakeville are 127.3% lower than costs at Musicians Institute ($5,472 vs. $12,438)
  • More students receive financial grant aid at Minnesota School of Business Lakeville than Musicians Institute (94% vs. 47%)
  • The average total grant financial aid received by Minnesota School of Business Lakeville students is 28.3% larger than aid received Musicians Institute ($5,472 vs. $4,265)

Which college is harder to get into, Musicians Institute or MSB-Lakeville? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MSB-Lakeville or Musicians Institute .

Musicians Institute vs. MSB-Lakeville Graduation Outcomes Comparison

Which is better, Musicians Institute or MSB-Lakeville? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between MSB-Lakeville and Musicians Institute.

  • Graduates from Minnesota School of Business Lakeville earn on average $400 more per year than Musicians Institute graduates after ten years. ($35,300 vs. $34,900)
  • More Musicians Institute graduates are actively paying back their federal student loan debt than former MSB-Lakeville students, three years after graduation. (53% vs. 42%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/