Michigan Technological University: Is It Worth It?
Houghton, Michigan · Public · Website
ROI Score
12.8
Net Price/Year
$14,182
avg with financial aid
10yr Earnings
$78,198
median, all graduates
Median Debt
$24,990
at graduation
Is Michigan Technological University Worth It?
Graduates earn a median of $78,198 per year ten years after enrollment. With an average net price of $14,182 per year, the total estimated cost for a four-year degree is approximately $56,728.
Based on median earnings, the degree typically pays for itself in approximately 0.7 years.
The median graduate leaves with $24,990 in debt, which represents about 32%of one year's earnings at the 10-year mark.
Note: These figures reflect all graduates regardless of major. Individual outcomes vary significantly by field of study, career choices, and personal circumstances.
Earnings vs. Debt
Net Price by Family Income
Admissions Snapshot
Acceptance Rate
92.4%
Avg SAT
1258
ACT Midpoint
28
Enrollment
5,955
Completion & Retention
6-Year Graduation Rate
68.4%
National avg: ~60%
Retention Rate
88.8%
First-year students returning
3yr Repayment Rate
217300.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$19,123
Out-of-State Tuition
$42,988
Avg Net Price
$14,182
After grants/scholarships
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Frequently Asked Questions
Is Michigan Technological University worth the money?
Based on federal data, Michigan Technological University graduates earn a median of $78,198 ten years after enrollment, with a median debt of $24,990 at graduation. The ROI score is 12.8.
What do Michigan Technological University graduates earn?
The median earnings for Michigan Technological University graduates is $69,672 six years after enrollment and $78,198 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at Michigan Technological University?
The acceptance rate at Michigan Technological University is 92.4%.
How much debt do Michigan Technological University graduates have?
The median debt at graduation for Michigan Technological University students is $24,990.
Data source: U.S. Department of Education College Scorecard. Earnings data reflects median earnings 10 years after enrollment for all graduates. Debt figures reflect median debt at graduation for completers. Individual outcomes may vary.