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Colleges / CA / Hollywood
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Musicians Institute

Private for-profit Hollywood, CA · Urban · Far West · 87% data reported · Agent Insights
49%
Graduation Rate
$32,778
Earnings (10yr)
$46,518
Net Price
78%
Acceptance Rate

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Overview

Musicians Institute has an acceptance rate of 78%, making it accessible to many aspiring musicians and performers. Located in the heart of Hollywood, it attracts students looking to break into the entertainment industry. With an enrollment of 759, it offers an intimate setting that encourages creative collaboration.

Data on economic mobility and outcomes for graduates is limited, but the earnings for alumni ten years after graduation average $32,778. This figure suggests that while many students pursue their passion, the financial return may not match their expectations. The school’s focus on visual and performing arts reflects its commitment to creative fields, though the graduation rate of 49% indicates that many students do not complete their programs.

The net price to attend Musicians Institute is $46,518, which can lead to significant debt for some students. While specific data on median debt is not available, the low Pell Grant rate of 20% suggests that financial aid may be limited. This school is ideal for dedicated individuals passionate about music and performing arts, who are prepared for the financial realities of pursuing a career in a competitive industry.

How Musicians Compares

Dot right of center = above national average.

NATIONAL AVGGraduation49%Earnings 10yr$33KNet Price$47KRetention80%Pell Grant Rate20%

Net Price by Family Income

What families actually pay after aid, by income bracket.

$44K$0-30K$46K$30-48K$47K$48-75K$51K$110K+

The Mobility Equation

Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?

ACCESS% from bottom 20%1364.6%SUCCESS% who reach top 20%240.1%MOBILITY32.77%

Cost & Financial Aid

$34,322
In-State Tuition
$34,322
Out-of-State
$46,518
Avg Net Price
20%
Pell Grant Rate
22%
Federal Loan Rate

What Families Actually Pay

$44,392
Family Income $0–$30K
$46,239
Family Income $30K–$48K
$47,465
Family Income $48K–$75K
$51,119
Family Income $110K+

Graduate Outcomes

$24,962
6 Years After Entry
$28,071
8 Years
$32,778
10 Years
42%
Earning > $25K

Earnings Trajectory

$24,962 6yr $28,071 8yr $32,778 10yr

Social Mobility

Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records

32.77%
Mobility Rate
Bottom 20% → Top 20%
240.1%
Success Rate
If bottom 20% get in
1364.6%
From Bottom 20%
Share of students
$77,400
Parent Median Income

Social Capital

Data: Opportunity Insights Social Capital Atlas

1.62
Economic Connectedness
Cross-class friendships
-0.03
Friending Bias
Lower = more inclusive
4.9%
Volunteering Rate
0.98
Support Ratio
Community support

Academics & Admissions

Acceptance Rate 78%
Retention Rate 80%
Full-Time Faculty 30%
Faculty Salary (mo) $2,761
Diversity Index 0.73
First-Gen Students 34%

Top Programs

Visual & Performing Arts 66%
Mechanic & Repair Tech 14%

Quick Facts

Setting Urban
Region Far West
Accreditor National Association of Schools of Music
Predominant Degree Certificate

Student Body

Female
21%
White
21%
Hispanic
8%
Black
7%
Asian
7%

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Opportunity Insights Social Capital Atlas

Our methodology →