Best Value Art Schools

With PayScale’s College ROI Report for Art Schools, students and their parents can quickly and easily identify the arts schools and colleges that provide the highest return on investment.

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Rank
School Name
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
20 Year Net ROI
 
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Graduation Rate
% of full-time, first-time degree seeking undergrad students who began their studies at the given school and graduate within 6 years. Source: IPEDS
Typical Years to Graduate
# of years it takes for at least 65 percent of graduates from a given school to receive their diplomas. Source: IPEDS
Average Loan Amount
Received by full-time, first-time degree seeking undergrad students, multiplied to represent amount over four years. Includes all Title IV loans and all institutionally- and privately-sponsored student loans. Source: IPEDS
% Grant Money Received
% of full-time, first-time undergrads who received local, state, federal, or institutional grant aid in the 2012-2013 academic year. Source: IPEDS
14.7%4.8%7.1%7.2%$361,000$364,000$447,000$450,000$237,000$235,00060%4$31,10030%
1California College of the Arts(Private)
Annual ROI4.7%
Annual ROI4.8%
Annual ROI7.1%
Annual ROI7.2%
20 Year Net ROI$361,000
20 Year Net ROI$364,000
20 Year Net ROI$447,000
20 Year Net ROI$450,000
Total 4 Year Cost$237,000
Total 4 Year Cost$235,000
Grad Rate60%
Time to Graduate4
Loan Amt$31,100
Grant Money Received30%
25.3%5.1%6.6%6.4%$328,000$322,000$367,000$361,000$181,000$187,00046%5$28,80028%
2Laguna College of Art and Design(Private)
Annual ROI5.3%
Annual ROI5.1%
Annual ROI6.6%
Annual ROI6.4%
20 Year Net ROI$328,000
20 Year Net ROI$322,000
20 Year Net ROI$367,000
20 Year Net ROI$361,000
Total 4 Year Cost$181,000
Total 4 Year Cost$187,000
Grad Rate46%
Time to Graduate5
Loan Amt$28,800
Grant Money Received28%
33.5%3.9%5.2%5.7%$254,000$271,000$326,000$342,000$256,000$239,00068%4$33,10026%
3The New School(Private)
Annual ROI3.5%
Annual ROI3.9%
Annual ROI5.2%
Annual ROI5.7%
20 Year Net ROI$254,000
20 Year Net ROI$271,000
20 Year Net ROI$326,000
20 Year Net ROI$342,000
Total 4 Year Cost$256,000
Total 4 Year Cost$239,000
Grad Rate68%
Time to Graduate4
Loan Amt$33,100
Grant Money Received26%
46.1%6.1%8.2%8.2%$250,000$250,000$287,000$287,000$112,000$112,00072%4$35,90031%
4Massachusetts College of Art and Design(In-State)
Annual ROI6.1%
Annual ROI6.1%
Annual ROI8.2%
Annual ROI8.2%
20 Year Net ROI$250,000
20 Year Net ROI$250,000
20 Year Net ROI$287,000
20 Year Net ROI$287,000
Total 4 Year Cost$112,000
Total 4 Year Cost$112,000
Grad Rate72%
Time to Graduate4
Loan Amt$35,900
Grant Money Received31%
53.5%3.1%5.4%4.8%$247,000$224,000$322,000$299,000$246,000$269,00070%4$29,80019%
5Pratt Institute-Main(Private)
Annual ROI3.5%
Annual ROI3.1%
Annual ROI5.4%
Annual ROI4.8%
20 Year Net ROI$247,000
20 Year Net ROI$224,000
20 Year Net ROI$322,000
20 Year Net ROI$299,000
Total 4 Year Cost$246,000
Total 4 Year Cost$269,000
Grad Rate70%
Time to Graduate4
Loan Amt$29,800
Grant Money Received19%
63.7%3.7%5.5%5.6%$245,000$248,000$316,000$318,000$233,000$230,00060%4$26,10030%
6Otis College of Art and Design(Private)
Annual ROI3.7%
Annual ROI3.7%
Annual ROI5.5%
Annual ROI5.6%
20 Year Net ROI$245,000
20 Year Net ROI$248,000
20 Year Net ROI$316,000
20 Year Net ROI$318,000
Total 4 Year Cost$233,000
Total 4 Year Cost$230,000
Grad Rate60%
Time to Graduate4
Loan Amt$26,100
Grant Money Received30%
73.3%3.3%6.0%6.0%$236,000$236,000$337,000$337,000$255,000$255,00090%4$33,20013%
7Rhode Island School of Design(Private)
Annual ROI3.3%
Annual ROI3.3%
Annual ROI6.0%
Annual ROI6.0%
20 Year Net ROI$236,000
20 Year Net ROI$236,000
20 Year Net ROI$337,000
20 Year Net ROI$337,000
Total 4 Year Cost$255,000
Total 4 Year Cost$255,000
Grad Rate90%
Time to Graduate4
Loan Amt$33,200
Grant Money Received13%
83.6%3.6%5.6%5.6%$221,000$221,000$289,000$289,000$212,000$212,00058%4$37,40033%
8College for Creative Studies(Private)
Annual ROI3.6%
Annual ROI3.6%
Annual ROI5.6%
Annual ROI5.6%
20 Year Net ROI$221,000
20 Year Net ROI$221,000
20 Year Net ROI$289,000
20 Year Net ROI$289,000
Total 4 Year Cost$212,000
Total 4 Year Cost$212,000
Grad Rate58%
Time to Graduate4
Loan Amt$37,400
Grant Money Received33%
95.9%5.9%8.5%8.5%$194,000$194,000$229,000$229,000$90,400$90,40062%4$28,70026%
9University of North Carolina School of the Arts(In-State)
Annual ROI5.9%
Annual ROI5.9%
Annual ROI8.5%
Annual ROI8.5%
20 Year Net ROI$194,000
20 Year Net ROI$194,000
20 Year Net ROI$229,000
20 Year Net ROI$229,000
Total 4 Year Cost$90,400
Total 4 Year Cost$90,400
Grad Rate62%
Time to Graduate4
Loan Amt$28,700
Grant Money Received26%
102.8%2.5%4.1%3.7%$185,000$170,000$242,000$227,000$253,000$268,00066%4$40,00019%
10California Institute of the Arts(Private)
Annual ROI2.8%
Annual ROI2.5%
Annual ROI4.1%
Annual ROI3.7%
20 Year Net ROI$185,000
20 Year Net ROI$170,000
20 Year Net ROI$242,000
20 Year Net ROI$227,000
Total 4 Year Cost$253,000
Total 4 Year Cost$268,000
Grad Rate66%
Time to Graduate4
Loan Amt$40,000
Grant Money Received19%
113.3%3.3%4.4%4.4%$173,000$173,000$210,000$210,000$189,000$189,00072%4$35,90031%
11Massachusetts College of Art and Design(Out-of-State)
Annual ROI3.3%
Annual ROI3.3%
Annual ROI4.4%
Annual ROI4.4%
20 Year Net ROI$173,000
20 Year Net ROI$173,000
20 Year Net ROI$210,000
20 Year Net ROI$210,000
Total 4 Year Cost$189,000
Total 4 Year Cost$189,000
Grad Rate72%
Time to Graduate4
Loan Amt$35,900
Grant Money Received31%
123.1%3.1%6.0%6.0%$157,000$157,000$235,000$235,000$184,000$184,00065%4$30,70042%
12Minneapolis College of Art and Design(Private)
Annual ROI3.1%
Annual ROI3.1%
Annual ROI6.0%
Annual ROI6.0%
20 Year Net ROI$157,000
20 Year Net ROI$157,000
20 Year Net ROI$235,000
20 Year Net ROI$235,000
Total 4 Year Cost$184,000
Total 4 Year Cost$184,000
Grad Rate65%
Time to Graduate4
Loan Amt$30,700
Grant Money Received42%
132.8%2.8%4.5%4.5%$156,000$156,000$211,000$211,000$206,000$206,00045%4$31,10028%
13Marymount Manhattan College(Private)
Annual ROI2.8%
Annual ROI2.8%
Annual ROI4.5%
Annual ROI4.5%
20 Year Net ROI$156,000
20 Year Net ROI$156,000
20 Year Net ROI$211,000
20 Year Net ROI$211,000
Total 4 Year Cost$206,000
Total 4 Year Cost$206,000
Grad Rate45%
Time to Graduate4
Loan Amt$31,100
Grant Money Received28%
143.3%3.3%4.6%4.6%$135,000$135,000$169,000$169,000$150,000$150,00062%4$28,70026%
14University of North Carolina School of the Arts(Out-of-State)
Annual ROI3.3%
Annual ROI3.3%
Annual ROI4.6%
Annual ROI4.6%
20 Year Net ROI$135,000
20 Year Net ROI$135,000
20 Year Net ROI$169,000
20 Year Net ROI$169,000
Total 4 Year Cost$150,000
Total 4 Year Cost$150,000
Grad Rate62%
Time to Graduate4
Loan Amt$28,700
Grant Money Received26%
152.2%2.4%5.2%5.5%$122,000$130,000$218,000$227,000$221,000$213,00063%4$27,50051%
15Cleveland Institute of Art(Private)
Annual ROI2.2%
Annual ROI2.4%
Annual ROI5.2%
Annual ROI5.5%
20 Year Net ROI$122,000
20 Year Net ROI$130,000
20 Year Net ROI$218,000
20 Year Net ROI$227,000
Total 4 Year Cost$221,000
Total 4 Year Cost$213,000
Grad Rate63%
Time to Graduate4
Loan Amt$27,500
Grant Money Received51%

* N/A indicates school does not have an on campus living option.

Students with creative talent seek out art schools in order to pursue careers in a wide range of fields, including fashion design, graphic design and photography. Numerous art and design schools are located across the nation, but some deliver better value than others. If you have your heart set on attending a school that focuses on art, design or music, consider availing yourself of PayScale’s data to zero in on the best value art schools before you apply.

Consistently ranked among the top art schools in the United States, the Rhode Island School of Design, or RISD, earns a well-deserved slot on our art schools return on investment list. The Providence-based school was founded in 1877 and is located on a 13-acre campus that’s contiguous with the campus of Brown University, a top Ivy League school. RISD offers 17 undergraduate majors and 17 graduate majors in many fields, including ceramics, architecture, graphic design and illustration, photography and sculpture. The school counts among its famous alumni Family Guy creator Seth MacFarlane, fashion designer Nicole Miller and actor/director James Franco.

Rounding out our list of best value art and design schools is the Pratt Institute, which is located in the trendy Brooklyn neighborhood of Clinton Hill. With five schools offering programs in architecture, industrial design, interior design and many other fields, the private university has long attracted some of the most talented creative types in the nation. Many prominent alumni have come out of the prestigious private school, with fashion designer Betsey Johnson being a particular standout.


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