Michigan Technological University ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$73,568
In-state tuition x 4
Earnings Premium
$34,672/yr
above high school diploma avg
Break-Even Point
2.1 years
After graduation
20-Year ROI
843%
Return on investment
ROI Analysis
Michigan Technological University's graduates have strong early career earnings. One year after graduation, the median earnings are $68,856. Five years after graduation, earnings are $69,672, and after ten years, earnings increase to $78,198. The annual in-state tuition cost is $18,392.
The median debt for graduates is $24,990. With a median debt of $24,990 and a one-year post-graduation salary of $68,856, the debt-to-income ratio is approximately 0.36. The university reports that 45.7% of students receive financial aid.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$18,392
Median Debt at Graduation
$24,990
Median Earnings (5yr)
$69,672
Graduation Rate
68%
Receive Financial Aid
46%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Mechanical Engineering | $95,247 | 1538% |
| Electrical, Electronics and Communications Engineering | $89,146 | 1372% |
| Chemical Engineering | $86,338 | 1296% |
| Civil Engineering | $78,509 | 1083% |
| Computer Engineering | $94,603 | 1520% |
| Biomedical/Medical Engineering | $86,435 | 1298% |
| Environmental/Environmental Health Engineering | $62,544 | 649% |
| Business Administration, Management and Operations | $69,803 | 846% |
| Forestry | $53,543 | 404% |
| Mechanical Engineering Related Technologies/Technicians | $76,003 | 1015% |
| Materials Engineering | $80,921 | 1148% |
| Health and Physical Education/Fitness | $53,316 | 398% |
Peer Comparison
843%
20yr ROI
809%
20yr ROI
1101%
20yr ROI
0%
20yr ROI
Financial Aid Impact
Before Aid
After Aid (Estimated)
Frequently Asked Questions
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.