Merritt College vs Academy of Art University: which has better ROI?
Neither clears its cost on institution-wide earnings, but Merritt College comes closer — median earnings $44,392 against a $56,084 total, vs $39,008 at Academy of Art University. (Scorecard, 2026 · our math.)
| Measure | Merritt College | Academy of Art University |
|---|---|---|
| Net price / yr | $14,021 | $40,613 |
| Total net cost | $56,084 | $162,452 |
| Median earnings, 10 yrs | $44,392 | $39,008 |
| Median debt | — | $31,000 |
| Payback | — | — |
| 20-year net return | -$135,444 | -$349,492 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Merritt College or Academy of Art University?
Merritt College, at $14,021 a year after aid versus $40,613 — a gap of $26,592 a year, or $106,368 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Merritt College or Academy of Art University graduates earn more?
Merritt College graduates report a median $44,392 ten years after entry, $5,384 more than the $39,008 at Academy of Art University. 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 graduates more of its students?
34% of students finish at Academy of Art University, against 26% at Merritt College. 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.