Mid-America College of Funeral Service — ROI, Cost & Payback
Mid-America College of Funeral Service charges a net price of $30,606/yr after aid — a 2-year total of $61,212. Median earnings ten years after entry are $44,505, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)
On institution-wide earnings, Mid-America College of Funeral Service does not clear its cost — it ranks #43 of 56 Indiana colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $30,606/yr | Scorecard, 2026 |
| Total net cost (2 yrs) | $61,212 | our math |
| Median earnings, 10 yrs after entry | $44,505 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$3,855/yr | our math |
| Median debt (completers) | $16,666 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$138,312 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Mid-America College of Funeral Service's own numbers. Net price $30,606 × 2 years = $61,212 total. Median earnings $44,505 fall $3,855 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $61,212 bill in about 6.1 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Mid-America College of Funeral Service students graduate with?
A median $16,666 in federal loans among completers, or 37% of the $44,505 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Mid-America College of Funeral Service students graduate?
32% finish their degree — 68% leave carrying the cost without the credential. Spread the $61,212 bill across that completion rate and the cohort pays $191,288 per graduate produced — our math, and the figure a payback number never shows.
Is Mid-America College of Funeral Service expensive compared with other Indiana colleges?
Its $30,606 net price runs $10,909 above the $19,698 median across the 56 Indiana colleges we profile, or $21,817 more across the full degree.