Mid-America College of Funeral Service vs Aveda Fredric's Institute-Indianapolis: which has better ROI?
Neither clears its cost on institution-wide earnings, but Mid-America College of Funeral Service comes closer — median earnings $44,505 against a $61,212 total, vs $31,963 at Aveda Fredric's Institute-Indianapolis. (Scorecard, 2026 · our math.)
| Measure | Mid-America College of Funeral Service | Aveda Fredric's Institute-Indianapolis |
|---|---|---|
| Net price / yr | $30,606 | $24,096 |
| Total net cost | $61,212 | $96,384 |
| Median earnings, 10 yrs | $44,505 | $31,963 |
| Median debt | $16,666 | $7,389 |
| Payback | — | — |
| 20-year net return | -$138,312 | -$424,324 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Mid-America College of Funeral Service or Aveda Fredric's Institute-Indianapolis?
Aveda Fredric's Institute-Indianapolis, at $24,096 a year after aid versus $30,606 — a gap of $6,510 a year, or $35,172 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Mid-America College of Funeral Service or Aveda Fredric's Institute-Indianapolis graduates earn more?
Mid-America College of Funeral Service graduates report a median $44,505 ten years after entry, $12,542 more than the $31,963 at Aveda Fredric's Institute-Indianapolis. 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, Mid-America College of Funeral Service or Aveda Fredric's Institute-Indianapolis?
Aveda Fredric's Institute-Indianapolis: its completers carry a median $7,389 in federal loans versus $16,666 at Mid-America College of Funeral Service, a difference of $9,277. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
88% of students finish at Aveda Fredric's Institute-Indianapolis, against 32% at Mid-America College of Funeral Service. 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.