At $33,995/yr net price, Lawrence Technological University graduates earn $69,151/yr within 10 years of enrollment, which is $35,151/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $33,995 |
| Estimated 4-Year Cost | $135,980 |
| Median Earnings (10yr post-entry) | $69,151/yr |
| Earnings Premium vs. HS Diploma | +$35,151/yr |
| Estimated Break-Even | 3.9 years |
| Graduation Rate (6-year) | 62.6% |
| Median Debt at Graduation | $27,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $31,328/yr |
| $30,001 - $48,000 | $29,980/yr |
| $48,001 - $75,000 | $31,375/yr |
| $75,001 - $110,000 | $35,409/yr |
| $110,001+ | $35,303/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $89,968 | $82,000 |
| Electrical, Electronics and Communications Engineering. | Bachelor | $84,653 | |
| Mechanical Engineering. | Bachelor | $76,170 | $27,000 |
| Engineering Technology, General. | Bachelor | $73,949 | |
| Biomedical/Medical Engineering. | Bachelor | $73,635 | $26,500 |
| Architectural Engineering. | Master | $69,338 | |
| Computer Science. | Bachelor | $63,997 | $27,000 |
| Computer and Information Sciences, General. | Bachelor | $57,318 | |
| Architecture. | Bachelor | $53,608 | |
| Civil Engineering. | Bachelor | $53,358 |
The Risk Factor
62.6% of students at Lawrence Technological University graduate within 6 years. A significant share of students finish, but roughly 37% do not complete their degree.
Analysis
Lawrence Tech pays off if you graduate from one of its engineering programs, and mostly doesn't if you don't. This is an engineering school in metro Detroit, and the earnings data reflects that. Electrical engineering graduates clear the top salary here, roughly $20,000 more than computer science grads earn ten years out. Mechanical, engineering technology, and biomedical engineering all land in the mid-$70,000s. Those are the degrees worth paying for.
Computer science is the weak spot among the listed programs. At around $64,000, it earns the least of the top five while carrying the same debt load as mechanical engineering. If you come here, the electrical and mechanical tracks give you the strongest return on the same tuition.
The financial risk is the price. The sticker net price is high for a mid-sized private school, and the graduation rate near 63% means a real share of students leave without the degree that justifies the cost. Leaving with debt and no engineering credential is the worst outcome here. Retention around 77% tells you a quarter of first-year students don't come back.
The net price tiers are the surprise. Families earning under $30,000 pay slightly less than families over $110,000, but the difference is small, and the middle tiers don't get much of a break. Aid here doesn't scale steeply with income the way it does at wealthier private schools, so lower-income families should compare this net price carefully against public engineering options in Michigan.
This school fits you if you're committed to engineering and confident you'll finish. If you're undecided on your major or leaning toward computer science, the numbers are harder to justify at this price. Look elsewhere if you can get the same engineering degree cheaper at a state school.
Frequently Asked Questions
Is Lawrence Technological University worth the high tuition cost?
Lawrence Tech's $34,000 annual net price produces mixed returns depending on your major. Engineering and business graduates earn $75,000-$90,000 annually, which justifies the cost, but other programs may not provide adequate ROI for the price.
What are the best paying majors at Lawrence Technological University?
Business administration leads at $89,968 annually, followed by electrical engineering at $84,653 and mechanical engineering at $76,170. These programs offer strong returns that can offset the school's high costs.
How much debt do Lawrence Technological University graduates typically have?
The median debt is $27,000, which is manageable for engineering and business majors who earn $75,000+ starting out. However, this debt load could be problematic for graduates in lower-paying fields.
Does Lawrence Technological University have good graduation rates?
The 63% graduation rate is below average for a school charging $34,000 annually. This means over one-third of students pay substantial costs without earning a degree.