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Midway University — ROI, Cost & Payback

Private nonprofit · Midway, KY · 1,262 students

The verdict

Midway University charges a net price of $29,579/yr after aid — a 4-year total of $118,316. Median earnings ten years after entry are $44,246, 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, Midway University does not clear its cost — it ranks #21 of 51 Kentucky colleges we track by ROI. The specific program you pick moves this more than the school average.

$29,579
Net price / yr
Scorecard, 2026
$44,246
Median earnings, 10 yrs
Scorecard, 2026
Payback
Our math, 2026
95%
Admission rate
Scorecard, 2026
Midway University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$29,579/yrScorecard, 2026
Total net cost (4 yrs)$118,316our math
Median earnings, 10 yrs after entry$44,246Scorecard, 2026
Earnings premium over HS baseline-$4,114/yrour math
Median debt (completers)$21,301Scorecard, 2026
Paybackdoes not clearour math
20-year net return-$200,596our math

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

The arithmetic, on Midway University's own numbers. Net price $29,579 × 4 years = $118,316 total. Median earnings $44,246 fall $4,114 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 $118,316 bill in about 11.8 years — the gap, not the price, is what blocks payback. Full method.

How much debt do Midway University students graduate with?

A median $21,301 in federal loans among completers, or 48% of the $44,246 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Midway University students graduate?

41% finish their degree — 59% leave carrying the cost without the credential. Spread the $118,316 bill across that completion rate and the cohort pays $288,576 per graduate produced — our math, and the figure a payback number never shows.

Is Midway University expensive compared with other Kentucky colleges?

Its $29,579 net price runs $15,472 above the $14,107 median across the 51 Kentucky colleges we profile, or $61,888 more across the full degree.

Midway University: frequently asked questions

Is Midway University worth the cost?
On institution-wide earnings, the degree does not clear its cost: graduates earn a median $44,246, 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 Midway University 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 Midway University cost after financial aid?
The median net price is $29,579/yr — about $118,316 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Midway University compare to other Kentucky colleges?
It ranks #21 of 51 Kentucky colleges we track by payback. Its $44,246 median earnings beat the national median of $43,549, and its $29,579 net price is above the national median of $16,902.