Is Midwest Technical Institute-Illinois worth it?
Springfield, IL · private-for-profit
Verdict
Typical students pay $27,793 a year after aid, graduate with $9,500 in federal debt, and earn $30,633 six years after enrolling — an estimated monthly loan payment of $102, with a debt break-even of about 3.1 years.
Net price / year
$27,793
Admission rate
0%
Graduation rate
—
Median debt
$9,500
Earnings (6 yr)
$30,633
Earnings (10 yr)
$33,601
Est. monthly loan payment
$102
Loan-to-income ratio
31%
Debt break-even
3.1 years
How Midwest Technical Institute-Illinois compares
FAQ
How much does it cost to attend Midwest Technical Institute-Illinois?
The federal average net price after grants and scholarships is $27,793 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Midwest Technical Institute-Illinois graduates typically carry?
Students who complete a program at Midwest Technical Institute-Illinois leave with a median federal debt of $9,500, based on the U.S. Department of Education's College Scorecard.
What do Midwest Technical Institute-Illinois graduates earn?
Six years after enrolling, former students report median earnings of $30,633, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Midwest Technical Institute-Illinois?
Graduation rate data is not currently published for this school.
Is Midwest Technical Institute-Illinois 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.