Associate's · New York, New York

Is Funeral Service and Mortuary Science at American Academy McAllister Institute of Funeral Service worth it?

High confidence High confidence: 100+ graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back in time: graduates typically recover the cost in about 3.3 years.

Earnings 1 year after graduating: $50,243; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $65,143; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $22,750; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $47k (likely $47k – $47k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $27k a year vs high-school graduates aged 25–34 in NY; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 3.3 years (likely 2.7–4.0); Bump vs net cost plus loan interest
10-year net return: $128k (likely $72k – $196k); Today's dollars
20-year net return: $468k (likely $330k – $638k); Today's dollars
Odds of finishing (school-wide): 44%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26