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American Academy of Art College

Chicago, IL·Private for-profit·90 students
Last updated: March 21, 2026

A good fit for students who want small classes and close faculty access and students from lower-income families. freshman retention is below 65%; earnings-to-debt ratio is tight. 63% of students receive Pell Grants — strong access mission.

N/A
Accept
90
Students
$34,298
Net Price
45%
Grad Rate
$35,600
Earnings
10 yr
$27,000
Debt

About This School

American Academy of Art College is a private for-profit institution located in Chicago, Illinois with approximately 90 undergraduate students enrolled. The average net price after financial aid is $34,298 per year. The graduation rate is 45%, and the typical graduate earns $35,600 within 10 years of enrollment.

The numbers tell a mixed story here: with a 45% graduation rate and a 50% freshman retention rate, fewer than half of students who start actually finish, which is a serious red flag worth questioning before enrolling. At $34,298 per year in net cost and median earnings of just $35,600 a decade after enrollment, graduates are essentially earning entry-level wages while carrying real debt — meaning the financial return on this degree is tight at best. This school might appeal to a highly self-motivated student drawn specifically to Chicago's art scene, but most applicants would benefit from comparing it closely against lower-cost art programs or schools with stronger completion records.

Setting
Large city

Popular Programs

Visual & Performing Arts94%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$39,510
Out-of-State Tuition
$39,510
Avg Net Price
$34,298
after aid

Financial Aid

Students receiving Pell Grants63%
Median debt at graduation$27,000

Full Cost

After Graduation

Graduation Rate
45%
within 6 years
Retention Rate
50%
freshmen returning
Earnings (10 yr)
$35,600
after enrollment
Median Debt
$27,000
at graduation

Will This School Pay Off?

Median Debt
$27,000
at graduation
Earnings (6 yr)
$27,700
after enrollment
Earnings (10 yr)
$35,600
after enrollment
Earnings-to-Debt Ratio: 1.3x

Worth scrutinizing. Median earnings relative to debt are tight.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White57%
Black13%
Hispanic/Latino20%
Asian4%

Source: U.S. Department of Education College Scorecard (90 undergraduates).

Contact & Location

Address

American Academy of Art College

332 S Michigan Ave

Chicago, IL 60604-4302

View on Google Maps →

Other Schools in Illinois

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Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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