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Taylor Business Institute
Chicago, Illinois · Private for-profit career college · Training programs available:
Address: 180 North Wabash Avenue, Fifth Floor, Chicago, IL 60601 · Phone: (312) 658-5100 · School website ↗ · Verify on College Scorecard ↗
No accreditor sanctions in the last 36 months
Taylor Business Institute is a private for-profit trade school in Chicago, Illinois offering medical billing & coding programs, accredited by the Higher Learning Commission.
Per the U.S. Department of Education College Scorecard, Taylor Business Institute has a 59.3% completion rate, near the state average of 58.4%, and graduates earn a median of $25,559 ten years after entry.
Cost of attendance is not reported in federal data for Taylor Business Institute; contact the school for current tuition. Federal financial aid, including FAFSA and Pell Grants, can be used, and 4.3% of students receive Pell Grants.
What these trades pay once you're working
| Occupation | Starting (10th pct) | Median | Experienced (75th) |
|---|---|---|---|
| Medical records specialists | $38,890 | $56,440 | $64,360 |
U.S. Bureau of Labor Statistics wages for everyone employed in the occupation in Illinois (May 2025; national where the state figure is not published). The program table below shows what this campus's own graduates earned in their first year, whatever job they took.
Trade programs at this campus
| Program | Credential | Grads / yr | Earnings, yr 1 | Earnings, yr 2 | Median debt |
|---|---|---|---|---|---|
| Health and Medical Administrative Services | Associate degree | 5 | not reported | $23,579 | not reported |
Earnings are median wages and self-employment income reported to the IRS (W-2 and Schedule SE) for graduates who received federal aid and were working and not enrolled, measured in the calendar year after finishing. They are pay only: health insurance, retirement contributions and other benefits are not included.
Graduates per year from the Integrated Postsecondary Education Data System (IPEDS) 2022-23 Completions survey. Earnings and debt are College Scorecard field-of-study medians for graduates of this program at this campus (reported at the 4-digit program level, so closely related programs share a figure); "not reported" means too few graduates were counted to publish a figure.
About this school
Taylor Business Institute is a private for-profit trade school located in Chicago, Illinois. It is accredited by the Higher Learning Commission, and federal financial aid through Title IV programs, including FAFSA and Pell Grants, can be used by eligible students. The campus is best known for its medical billing & coding programs, which are its primary program family among the one program family it reports.
In terms of outcomes, the campus completion rate is 59.3%, which is near the state average of 58.4% for similar programs. Median earnings for graduates 10 years after entry are reported at $25,559. Median debt of graduates is not reported for this campus in federal data, and annual cost of attendance is not reported for this campus in federal data. About 4.3% of students receive Pell Grants, which may indicate a smaller share of low-income students relative to other schools.
This campus may suit students interested in a focused, single-program pathway in medical billing and coding, particularly those seeking short-term, career-specific training rather than a broad multi-program associate degree environment. Because the school operates in a large city locale, it may appeal to local adult learners or career changers seeking accessible options. Prospective students should verify accreditation status directly with the Higher Learning Commission and review detailed federal outcome data via the College Scorecard for the most current and complete information.
Questions students ask
What trade and career programs does this campus offer?
Taylor Business Institute offers medical billing & coding programs, its single reported program family, with 5 completers noted in federal data.
Is this school accredited, and by whom?
Yes, the school is accredited by the Higher Learning Commission and its accreditation status is listed as Accredited.
Can I use federal financial aid (FAFSA, Pell Grants) at this school?
Yes, this school participates in Title IV federal aid programs, so eligible students can use FAFSA and Pell Grants.
What share of students finish their program here, and how does that compare to the state?
The completion rate is 59.3%, which is near the state average of 58.4% for similar programs.
How much debt do graduates of this school typically carry?
Median debt of graduates is not reported for this campus in federal data; contact the school or check the College Scorecard for more detail.
What do graduates of this school earn?
Median earnings for graduates 10 years after entry are reported at $25,559.
How much does it cost to attend for a year?
Annual cost of attendance is not reported for this campus in federal data; contact the school directly at (312) 658-5100 or via https://www.tbiil.edu/ for current tuition figures.
Is this a public, non-profit, or for-profit school, and why does that matter?
Taylor Business Institute is a private for-profit school, which can affect tuition pricing, financial aid packaging, and accountability structures compared to public or non-profit institutions.
How long do the programs here take to complete?
Program length is not reported for this campus in federal data; contact the school to confirm program duration.
How do I verify this school's accreditation and outcomes myself?
You can verify accreditation through the Higher Learning Commission and review detailed outcome data on the College Scorecard at https://collegescorecard.ed.gov/school/?149310.
Is this school a good fit for an adult changing careers?
The school offers a focused medical billing & coding program in a large city setting, which may suit adult learners seeking a single career-specific pathway, though specific scheduling and format details are not reported in federal data.
What license or certification will I need after finishing a program here?
Licensing or certification requirements are not reported for this campus in federal data; contact the school directly to confirm any credentialing steps for medical billing & coding careers.
How do I contact the school or apply?
You can contact Taylor Business Institute by phone at (312) 658-5100 or visit their website at https://www.tbiil.edu/ for application details.
How does this campus compare with other schools offering the same trade nearby?
Comparative data on other nearby schools offering medical billing & coding programs is not reported in this dataset; consult the College Scorecard at https://collegescorecard.ed.gov/school/?149310 for comparisons.
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Data: Integrated Postsecondary Education Data System (IPEDS) 2022-23 Completions survey; College Scorecard June 2026; Database of Accredited Postsecondary Institutions and Programs (DAPIP), September 2026. Figures are the U.S. Department of Education's official measures, not Career Training Path's opinion. Tuition, schedules and program availability change — confirm with the school before enrolling.