Baker College vs Lake Michigan College: which has better ROI?
Neither clears its cost on institution-wide earnings, but Lake Michigan College comes closer — median earnings $34,466 against a $13,360 total, vs $35,833 at Baker College. (Scorecard, 2026 · our math.)
| Measure | Baker College | Lake Michigan College |
|---|---|---|
| Net price / yr | $13,157 | $6,680 |
| Total net cost | $52,628 | $13,360 |
| Median earnings, 10 yrs | $35,833 | $34,466 |
| Median debt | $25,000 | $9,000 |
| Payback | — | — |
| 20-year net return | -$303,168 | -$291,240 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Baker College or Lake Michigan College?
Lake Michigan College, at $6,680 a year after aid versus $13,157 — a gap of $6,477 a year, or $39,268 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Baker College or Lake Michigan College graduates earn more?
Baker College graduates report a median $35,833 ten years after entry, $1,367 more than the $34,466 at Lake Michigan College. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
Which leaves students with less debt, Baker College or Lake Michigan College?
Lake Michigan College: its completers carry a median $9,000 in federal loans versus $25,000 at Baker College, a difference of $16,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
36% of students finish at Baker College, against 22% at Lake Michigan College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.