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Michigan Technological University — ROI, Cost & Payback

Public · Houghton, MI · 5,955 students

The verdict

Michigan Technological University charges a net price of $14,182/yr after aid — a 4-year total of $56,728. Graduates earn a median $78,198 ten years after entry, $29,838/yr above the $48,360 high-school baseline, clearing the total in 1.9 years — a 20-year net return of $540,032, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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Michigan Technological University's 1.9-year payback ranks #67 of 1,280 US colleges we track — better ROI than 95% of them, and #2 of 85 in Michigan.

Better ROI than 95% of US colleges#67 of 1,280
Weakest ROIStrongest ROI
$14,182
Net price / yr
Scorecard, 2026
$78,198
Median earnings, 10 yrs
Scorecard, 2026
1.9 yrs
Payback
Our math, 2026
92%
Admission rate
Scorecard, 2026
Michigan Technological University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$14,182/yrScorecard, 2026
Total net cost (4 yrs)$56,728our math
Median earnings, 10 yrs after entry$78,198Scorecard, 2026
Earnings premium over HS baseline$29,838/yrour math
Median debt (completers)$24,990Scorecard, 2026
Payback1.9 yrsour math
20-year net return$540,032our math

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

The arithmetic, on Michigan Technological University's own numbers. Net price $14,182 × 4 years = $56,728 total. Median earnings $78,198 − the $48,360 high-school baseline = $29,838 a year of premium. $56,728 ÷ $29,838 = 1.9 years to break even; twenty years of that premium minus the cost leaves $540,032. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Michigan Technological University students graduate with?

A median $24,990 in federal loans among completers, or 32% of the $78,198 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Michigan Technological University students graduate?

68% finish their degree — 32% leave carrying the cost without the credential. Spread the $56,728 bill across that completion rate and the cohort pays $83,424 per graduate produced — our math, and the figure a payback number never shows.

Is Michigan Technological University expensive compared with other Michigan colleges?

Its $14,182 net price runs $119 below the $14,301 median across the 85 Michigan colleges we profile, and $476 less across the full degree.

Michigan Technological University: frequently asked questions

Is Michigan Technological University worth the cost?
On the numbers, yes. Michigan Technological University charges $14,182/yr after aid ($56,728 over 4 years), and graduates earn a median $78,198 ten years out — $29,838/yr above the $48,360 high-school baseline. That clears the cost in 1.9 years and returns $540,032 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Michigan Technological University degree take to pay off?
About 1.9 years. We divide the $56,728 four-year net cost by the $29,838/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Michigan Technological University cost after financial aid?
The median net price is $14,182/yr — about $56,728 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Michigan Technological University compare to other Michigan colleges?
It ranks #2 of 85 Michigan colleges we track by payback. Its $78,198 median earnings beat the national median of $43,549, and its $14,182 net price is below the national median of $16,902.