Mitchell Technical College — ROI, Cost & Payback
Mitchell Technical College charges a net price of $13,460/yr after aid — a 2-year total of $26,920. Graduates earn a median $50,743 ten years after entry, $2,383/yr above the $48,360 high-school baseline, clearing the total in 11.3 years — a 20-year net return of $20,740, a slow but positive payback. (Scorecard, 2026 · our math.)
Mitchell Technical College's 11.3-year payback ranks #842 of 1,280 US colleges we track — better ROI than 34% of them, and #3 of 17 in South Dakota.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $13,460/yr | Scorecard, 2026 |
| Total net cost (2 yrs) | $26,920 | our math |
| Median earnings, 10 yrs after entry | $50,743 | Scorecard, 2026 |
| Earnings premium over HS baseline | $2,383/yr | our math |
| Median debt (completers) | $12,000 | Scorecard, 2026 |
| Payback | 11.3 yrs | our math |
| 20-year net return | $20,740 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Mitchell Technical College's own numbers. Net price $13,460 × 2 years = $26,920 total. Median earnings $50,743 − the $48,360 high-school baseline = $2,383 a year of premium. $26,920 ÷ $2,383 = 11.3 years to break even; twenty years of that premium minus the cost leaves $20,740. 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 Mitchell Technical College students graduate with?
A median $12,000 in federal loans among completers, or 24% of the $50,743 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Mitchell Technical College students graduate?
76% finish their degree. Spread the $26,920 bill across that completion rate and the cohort pays $35,421 per graduate produced — our math, and the figure a payback number never shows.
Is Mitchell Technical College expensive compared with other South Dakota colleges?
Its $13,460 net price runs $6,275 below the $19,735 median across the 17 South Dakota colleges we profile, and $12,550 less across the full degree.