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Great Lakes Institute of Technology — ROI, Cost & Payback

Private for-profit · Erie, PA · 335 students

The verdict

Great Lakes Institute of Technology charges a net price of $17,540/yr after aid — a 4-year total of $70,160. Median earnings ten years after entry are $28,704, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)

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On institution-wide earnings, Great Lakes Institute of Technology does not clear its cost — it ranks #166 of 169 Pennsylvania colleges we track by ROI. The specific program you pick moves this more than the school average.

$17,540
Net price / yr
Scorecard, 2026
$28,704
Median earnings, 10 yrs
Scorecard, 2026
Payback
Our math, 2026
Admission rate
Scorecard, 2026
Great Lakes Institute of Technology: cost, earnings and payback
MeasureValueSource
Net price (after aid)$17,540/yrScorecard, 2026
Total net cost (4 yrs)$70,160our math
Median earnings, 10 yrs after entry$28,704Scorecard, 2026
Earnings premium over HS baseline-$19,656/yrour math
Median debt (completers)$11,250Scorecard, 2026
Paybackdoes not clearour math
20-year net return-$463,280our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Great Lakes Institute of Technology's own numbers. Net price $17,540 × 4 years = $70,160 total. Median earnings $28,704 fall $19,656 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $70,160 bill in about 7.0 years — the gap, not the price, is what blocks payback. Full method.

How much debt do Great Lakes Institute of Technology students graduate with?

A median $11,250 in federal loans among completers, or 39% of the $28,704 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Great Lakes Institute of Technology students graduate?

64% finish their degree — 36% leave carrying the cost without the credential. Spread the $70,160 bill across that completion rate and the cohort pays $109,625 per graduate produced — our math, and the figure a payback number never shows.

Is Great Lakes Institute of Technology expensive compared with other Pennsylvania colleges?

Its $17,540 net price runs $4,201 below the $21,741 median across the 169 Pennsylvania colleges we profile, and $16,804 less across the full degree.

Great Lakes Institute of Technology: frequently asked questions

Is Great Lakes Institute of Technology worth the cost?
On institution-wide earnings, the degree does not clear its cost: graduates earn a median $28,704, at or below the $48,360 high-school baseline. The field you study matters far more here than the school average — a high-paying major can flip the math.
How long does a Great Lakes Institute of Technology degree take to pay off?
On institution-wide earnings it does not pay back, because median earnings sit at or below the $48,360 high-school baseline. A specific high-ROI program can still pay off.
How much does Great Lakes Institute of Technology cost after financial aid?
The median net price is $17,540/yr — about $70,160 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Great Lakes Institute of Technology compare to other Pennsylvania colleges?
It ranks #166 of 169 Pennsylvania colleges we track by payback. Its $28,704 median earnings trail the national median of $43,549, and its $17,540 net price is above the national median of $16,902.