Is Morrison Institute of Technology worth it?
Morrison, IL · private-nonprofit
Verdict
Typical students pay $20,639 a year after aid, graduate with $12,000 in federal debt, and earn $46,238 six years after enrolling — an estimated monthly loan payment of $128, with a debt break-even of about 2.6 years.
Net price / year
$20,639
Admission rate
0%
Graduation rate
—
Median debt
$12,000
Earnings (6 yr)
$46,238
Earnings (10 yr)
$63,571
Est. monthly loan payment
$128
Loan-to-income ratio
26%
Debt break-even
2.6 years
How Morrison Institute of Technology compares
FAQ
How much does it cost to attend Morrison Institute of Technology?
The federal average net price after grants and scholarships is $20,639 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Morrison Institute of Technology graduates typically carry?
Students who complete a program at Morrison Institute of Technology leave with a median federal debt of $12,000, based on the U.S. Department of Education's College Scorecard.
What do Morrison Institute of Technology graduates earn?
Six years after enrolling, former students report median earnings of $46,238, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Morrison Institute of Technology?
Graduation rate data is not currently published for this school.
Is Morrison Institute of Technology worth the debt?
Based on median debt and 6-year earnings, it would take roughly 2.6 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.