Michigan State University vs Kalamazoo College: which has better ROI?
Michigan State University has the better ROI: it clears its 4-year net cost of $78,720 in 4.2 years versus 4.4 years at Kalamazoo College, on median earnings of $67,253 vs $65,590 ten years out. (Scorecard, 2026 · our math.)
| Measure | Michigan State University | Kalamazoo College |
|---|---|---|
| Net price / yr | $19,680 | $19,072 |
| Total net cost | $78,720 | $76,288 |
| Median earnings, 10 yrs | $67,253 | $65,590 |
| Median debt | $23,250 | $26,077 |
| Payback | 4.2 yrs | 4.4 yrs |
| 20-year net return | $299,140 | $268,312 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Michigan State University or Kalamazoo College?
Kalamazoo College, at $19,072 a year after aid versus $19,680 — a gap of $608 a year, or $2,432 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Michigan State University or Kalamazoo College graduates earn more?
Michigan State University graduates report a median $67,253 ten years after entry, $1,663 more than the $65,590 at Kalamazoo 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, Michigan State University or Kalamazoo College?
Michigan State University: its completers carry a median $23,250 in federal loans versus $26,077 at Kalamazoo College, a difference of $2,827. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
81% of students finish at Michigan State University, against 76% at Kalamazoo 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.