Is Lake Superior State University worth it?
Sault Ste Marie, MI · public
Verdict
Typical students pay $12,822 a year after aid, graduate with $23,250 in federal debt, and earn $42,767 six years after enrolling — an estimated monthly loan payment of $249, with a debt break-even of about 5.4 years.
Net price / year
$12,822
Admission rate
0%
Graduation rate
—
Median debt
$23,250
Earnings (6 yr)
$42,767
Earnings (10 yr)
$49,045
Est. monthly loan payment
$249
Loan-to-income ratio
54%
Debt break-even
5.4 years
How Lake Superior State University compares
FAQ
How much does it cost to attend Lake Superior State University?
The federal average net price after grants and scholarships is $12,822 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Lake Superior State University graduates typically carry?
Students who complete a program at Lake Superior State University leave with a median federal debt of $23,250, based on the U.S. Department of Education's College Scorecard.
What do Lake Superior State University graduates earn?
Six years after enrolling, former students report median earnings of $42,767, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Lake Superior State University?
Graduation rate data is not currently published for this school.
Is Lake Superior State University worth the debt?
Based on median debt and 6-year earnings, it would take roughly 5.4 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.