Midwest Technical Institute-Missouri vs Academy of Hair Design-Springfield: which has better ROI?
Neither clears its cost on institution-wide earnings, but Midwest Technical Institute-Missouri comes closer — median earnings $33,601 against a $104,092 total, vs $25,129 at Academy of Hair Design-Springfield. (Scorecard, 2026 · our math.)
| Measure | Midwest Technical Institute-Missouri | Academy of Hair Design-Springfield |
|---|---|---|
| Net price / yr | $26,023 | $15,904 |
| Total net cost | $104,092 | $63,616 |
| Median earnings, 10 yrs | $33,601 | $25,129 |
| Median debt | $9,500 | $9,500 |
| Payback | — | — |
| 20-year net return | -$399,272 | -$528,236 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Midwest Technical Institute-Missouri or Academy of Hair Design-Springfield?
Academy of Hair Design-Springfield, at $15,904 a year after aid versus $26,023 — a gap of $10,119 a year, or $40,476 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Midwest Technical Institute-Missouri or Academy of Hair Design-Springfield graduates earn more?
Midwest Technical Institute-Missouri graduates report a median $33,601 ten years after entry, $8,472 more than the $25,129 at Academy of Hair Design-Springfield. 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, Midwest Technical Institute-Missouri or Academy of Hair Design-Springfield?
Completers at both borrow a median $9,500, so neither school has the debt advantage. That figure covers federal loans of students who finished — borrowers who leave early are not counted, and private loans sit outside it.
Which graduates more of its students?
80% of students finish at Midwest Technical Institute-Missouri, against 64% at Academy of Hair Design-Springfield. 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.