Is North Central Michigan College worth it?

Petoskey, MI · public

Verdict

Typical students pay $10,083 a year after aid, graduate with $14,000 in federal debt, and earn $31,314 six years after enrolling — an estimated monthly loan payment of $150, with a debt break-even of about 4.5 years.

Net price / year

$10,083

Admission rate

0%

Graduation rate

Median debt

$14,000

Earnings (6 yr)

$31,314

Earnings (10 yr)

$36,594

Est. monthly loan payment

$150

Loan-to-income ratio

45%

Debt break-even

4.5 years

How North Central Michigan College compares

MetricNorth Central Michigan CollegeMichiganNational
Net price$10,083$15,182$16,642
Median debt$14,000$12,512$12,377
Earnings (6 yr)$31,314$30,226$33,037
Graduation rate

FAQ

How much does it cost to attend North Central Michigan College?

The federal average net price after grants and scholarships is $10,083 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do North Central Michigan College graduates typically carry?

Students who complete a program at North Central Michigan College leave with a median federal debt of $14,000, based on the U.S. Department of Education's College Scorecard.

What do North Central Michigan College graduates earn?

Six years after enrolling, former students report median earnings of $31,314, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at North Central Michigan College?

Graduation rate data is not currently published for this school.

Is North Central Michigan College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 4.5 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.