Is Great Lakes Institute of Technology worth it?

Erie, PA · private-for-profit

Verdict

Typical students pay $17,540 a year after aid, graduate with $11,250 in federal debt, and earn $26,092 six years after enrolling — an estimated monthly loan payment of $120, with a debt break-even of about 4.3 years.

Net price / year

$17,540

Admission rate

0%

Graduation rate

Median debt

$11,250

Earnings (6 yr)

$26,092

Earnings (10 yr)

$28,704

Est. monthly loan payment

$120

Loan-to-income ratio

43%

Debt break-even

4.3 years

How Great Lakes Institute of Technology compares

MetricGreat Lakes Institute of TechnologyPennsylvaniaNational
Net price$17,540$19,662$16,642
Median debt$11,250$15,909$12,377
Earnings (6 yr)$26,092$38,858$33,037
Graduation rate

FAQ

How much does it cost to attend Great Lakes Institute of Technology?

The federal average net price after grants and scholarships is $17,540 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Great Lakes Institute of Technology graduates typically carry?

Students who complete a program at Great Lakes Institute of Technology leave with a median federal debt of $11,250, based on the U.S. Department of Education's College Scorecard.

What do Great Lakes Institute of Technology graduates earn?

Six years after enrolling, former students report median earnings of $26,092, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Great Lakes Institute of Technology?

Graduation rate data is not currently published for this school.

Is Great Lakes Institute of Technology worth the debt?

Based on median debt and 6-year earnings, it would take roughly 4.3 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.