Midwest Technical Institute-Illinois — ROI, Cost & Payback
Midwest Technical Institute-Illinois charges a net price of $27,793/yr after aid — a 4-year total of $111,172. Median earnings ten years after entry are $33,601, 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.)
On institution-wide earnings, Midwest Technical Institute-Illinois does not clear its cost — it ranks #109 of 116 Illinois colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $27,793/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $111,172 | our math |
| Median earnings, 10 yrs after entry | $33,601 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$14,759/yr | our math |
| Median debt (completers) | $9,500 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$406,352 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Midwest Technical Institute-Illinois's own numbers. Net price $27,793 × 4 years = $111,172 total. Median earnings $33,601 fall $14,759 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 $111,172 bill in about 11.1 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Midwest Technical Institute-Illinois students graduate with?
A median $9,500 in federal loans among completers, or 28% of the $33,601 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Midwest Technical Institute-Illinois students graduate?
69% finish their degree — 31% leave carrying the cost without the credential. Spread the $111,172 bill across that completion rate and the cohort pays $161,119 per graduate produced — our math, and the figure a payback number never shows.
Is Midwest Technical Institute-Illinois expensive compared with other Illinois colleges?
Its $27,793 net price runs $14,043 above the $13,750 median across the 116 Illinois colleges we profile, or $56,172 more across the full degree.