Is Michigan Technological University worth it?
Houghton, MI · public
Verdict
Typical students pay $14,182 a year after aid, graduate with $24,990 in federal debt, and earn $69,672 six years after enrolling — an estimated monthly loan payment of $267, with a debt break-even of about 3.6 years.
Net price / year
$14,182
Admission rate
92%
Graduation rate
—
Median debt
$24,990
Earnings (6 yr)
$69,672
Earnings (10 yr)
$78,198
Est. monthly loan payment
$267
Loan-to-income ratio
36%
Debt break-even
3.6 years
How Michigan Technological University compares
FAQ
How much does it cost to attend Michigan Technological University?
The federal average net price after grants and scholarships is $14,182 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Michigan Technological University graduates typically carry?
Students who complete a program at Michigan Technological University leave with a median federal debt of $24,990, based on the U.S. Department of Education's College Scorecard.
What do Michigan Technological University graduates earn?
Six years after enrolling, former students report median earnings of $69,672, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Michigan Technological University?
Graduation rate data is not currently published for this school.
Is Michigan Technological University worth the debt?
Based on median debt and 6-year earnings, it would take roughly 3.6 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.