Is Northwestern Michigan College worth it?

Traverse City, MI · public

Verdict

Typical students pay $6,231 a year after aid, graduate with $12,500 in federal debt, and earn $34,918 six years after enrolling — an estimated monthly loan payment of $134, with a debt break-even of about 3.6 years.

Net price / year

$6,231

Admission rate

0%

Graduation rate

—

Median debt

$12,500

Earnings (6 yr)

$34,918

Earnings (10 yr)

$38,167

Est. monthly loan payment

$134

Loan-to-income ratio

36%

Debt break-even

3.6 years

How Northwestern Michigan College compares

MetricNorthwestern Michigan CollegeMichiganNational
Net price$6,231$15,182$16,642
Median debt$12,500$12,512$12,377
Earnings (6 yr)$34,918$30,226$33,037
Graduation rate———

FAQ

How much does it cost to attend Northwestern Michigan College?

The federal average net price after grants and scholarships is $6,231 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Northwestern Michigan College graduates typically carry?

Students who complete a program at Northwestern Michigan College leave with a median federal debt of $12,500, based on the U.S. Department of Education's College Scorecard.

What do Northwestern Michigan College graduates earn?

Six years after enrolling, former students report median earnings of $34,918, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Northwestern Michigan College?

Graduation rate data is not currently published for this school.

Is Northwestern Michigan College 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.