Degree Dividend
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Lake Area Technical College vs Mount Marty University: which has better ROI?

Public, Watertown SD · vs · Private nonprofit, Yankton SD

The verdict

Neither clears its cost on institution-wide earnings, but Lake Area Technical College comes closer — median earnings $45,473 against a $31,958 total, vs $48,179 at Mount Marty University. (Scorecard, 2026 · our math.)

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Head to head
MeasureLake Area Technical CollegeMount Marty University
Net price / yr$15,979$22,227
Total net cost$31,958$88,908
Median earnings, 10 yrs$45,473$48,179
Median debt$12,000$26,396
Payback
20-year net return-$89,698-$92,528

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Lake Area Technical College or Mount Marty University?

Lake Area Technical College, at $15,979 a year after aid versus $22,227 — a gap of $6,248 a year, or $56,950 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Lake Area Technical College or Mount Marty University graduates earn more?

Mount Marty University graduates report a median $48,179 ten years after entry, $2,706 more than the $45,473 at Lake Area Technical 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, Lake Area Technical College or Mount Marty University?

Lake Area Technical College: its completers carry a median $12,000 in federal loans versus $26,396 at Mount Marty University, a difference of $14,396. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

73% of students finish at Lake Area Technical College, against 52% at Mount Marty University. 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.

Lake Area Technical College vs Mount Marty University: frequently asked questions

Is Lake Area Technical College or Mount Marty University a better value?
Lake Area Technical College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Lake Area Technical College or Mount Marty University?
Lake Area Technical College: $15,979/yr net price after aid versus $22,227/yr at Mount Marty University — a difference of $6,248 a year, or about $56,950 over four years.
Do Lake Area Technical College or Mount Marty University graduates earn more?
Mount Marty University graduates earn a median $48,179 ten years after entry, versus $45,473 at Lake Area Technical College — a $2,706 gap. This blends every major, so a specific field can flip it.