Degree Dividend
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Academy of Art University vs Milan Institute-Palm Desert: which has better ROI?

Private for-profit, San Francisco CA · vs · Private for-profit, Palm Desert CA

The verdict

Neither clears its cost on institution-wide earnings, but Academy of Art University comes closer — median earnings $39,008 against a $162,452 total, vs $29,491 at Milan Institute-Palm Desert. (Scorecard, 2026 · our math.)

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Head to head
MeasureAcademy of Art UniversityMilan Institute-Palm Desert
Net price / yr$40,613$24,730
Total net cost$162,452$98,920
Median earnings, 10 yrs$39,008$29,491
Median debt$31,000$7,702
Payback
20-year net return-$349,492-$476,300

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Academy of Art University or Milan Institute-Palm Desert?

Milan Institute-Palm Desert, at $24,730 a year after aid versus $40,613 — a gap of $15,883 a year, or $63,532 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Academy of Art University or Milan Institute-Palm Desert graduates earn more?

Academy of Art University graduates report a median $39,008 ten years after entry, $9,517 more than the $29,491 at Milan Institute-Palm Desert. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Academy of Art University or Milan Institute-Palm Desert?

Milan Institute-Palm Desert: its completers carry a median $7,702 in federal loans versus $31,000 at Academy of Art University, a difference of $23,298. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

48% of students finish at Milan Institute-Palm Desert, against 34% at Academy of Art University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Academy of Art University vs Milan Institute-Palm Desert: frequently asked questions

Is Academy of Art University or Milan Institute-Palm Desert a better value?
Academy of Art University comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Academy of Art University or Milan Institute-Palm Desert?
Milan Institute-Palm Desert: $24,730/yr net price after aid versus $40,613/yr at Academy of Art University — a difference of $15,883 a year, or about $63,532 over four years.
Do Academy of Art University or Milan Institute-Palm Desert graduates earn more?
Academy of Art University graduates earn a median $39,008 ten years after entry, versus $29,491 at Milan Institute-Palm Desert — a $9,517 gap. This blends every major, so a specific field can flip it.