Is Lincoln College of Technology-Melrose Park worth it?
Melrose Park, IL · private-for-profit
Verdict
Typical students pay $25,598 a year after aid, graduate with $11,250 in federal debt, and earn $36,485 six years after enrolling — an estimated monthly loan payment of $120, with a debt break-even of about 3.1 years.
Net price / year
$25,598
Admission rate
0%
Graduation rate
—
Median debt
$11,250
Earnings (6 yr)
$36,485
Earnings (10 yr)
$38,683
Est. monthly loan payment
$120
Loan-to-income ratio
31%
Debt break-even
3.1 years
How Lincoln College of Technology-Melrose Park compares
FAQ
How much does it cost to attend Lincoln College of Technology-Melrose Park?
The federal average net price after grants and scholarships is $25,598 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Lincoln College of Technology-Melrose Park graduates typically carry?
Students who complete a program at Lincoln College of Technology-Melrose Park leave with a median federal debt of $11,250, based on the U.S. Department of Education's College Scorecard.
What do Lincoln College of Technology-Melrose Park graduates earn?
Six years after enrolling, former students report median earnings of $36,485, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Lincoln College of Technology-Melrose Park?
Graduation rate data is not currently published for this school.
Is Lincoln College of Technology-Melrose Park worth the debt?
Based on median debt and 6-year earnings, it would take roughly 3.1 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.