At $21,202/yr net price, MIAT College of Technology graduates earn $62,575/yr within 10 years of enrollment, which is $28,575/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $21,202 |
| Estimated 4-Year Cost | $84,808 |
| Median Earnings (10yr post-entry) | $62,575/yr |
| Earnings Premium vs. HS Diploma | +$28,575/yr |
| Estimated Break-Even | 3 years |
| Graduation Rate (6-year) | 64.3% |
| Median Debt at Graduation | $12,801 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,578/yr |
| $30,001 - $48,000 | $20,399/yr |
| $48,001 - $75,000 | $22,654/yr |
| $75,001 - $110,000 | $25,592/yr |
| $110,001+ | $26,586/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Vehicle Maintenance and Repair Technologies. | Associate | $42,510 | $20,832 |
| Heavy/Industrial Equipment Maintenance Technologies. | Associate | $42,235 | $16,166 |
| Heavy/Industrial Equipment Maintenance Technologies. | Certificate | $41,044 | $9,500 |
| Business Operations Support and Assistant Services. | Certificate | $38,289 | |
| Vehicle Maintenance and Repair Technologies. | Certificate | $37,699 | $20,061 |
| Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR). | Certificate | $32,284 | $11,799 |
The Risk Factor
64.3% of students at MIAT College of Technology graduate within 6 years. A significant share of students finish, but roughly 36% do not complete their degree.
Analysis
MIAT College of Technology delivers strong financial returns for a technical school, with graduates earning a median of $62,575 annually while carrying relatively low debt loads of $12,801. The school's focus on automotive and heavy equipment programs aligns well with Michigan's manufacturing job market.
Your program choice matters significantly at MIAT. Heavy equipment maintenance programs offer the best value proposition, with graduates earning over $40,000 while carrying debt between $9,500 and $16,166. Vehicle maintenance programs show more mixed results, with earnings around $37,000-$42,000 but higher debt loads exceeding $20,000. Business support programs lag behind at $38,289 in earnings.
The 64% graduation rate presents a real risk. More than one in three students leave without completing their program, potentially carrying debt with no credential to show for it. Since only 30% of students receive financial aid, most pay the full net price of $21,202 annually.
MIAT works best if you're committed to hands-on technical work in automotive or heavy equipment fields and can handle the academic demands. The school's location in Michigan's manufacturing corridor provides good job placement opportunities for graduates. You should avoid MIAT if you're uncertain about technical career paths or struggle with the practical learning environment that technical programs require.
The low financial aid participation suggests limited merit scholarship opportunities. Your best cost strategy involves completing the program quickly and choosing heavy equipment specializations over automotive programs to maximize your earning potential while minimizing debt exposure.
Frequently Asked Questions
Is MIAT College of Technology worth the cost?
MIAT College of Technology offers decent value for technical training with relatively low debt levels at $12,801 median. However, graduates earn $62,575 after 10 years, which is modest considering the $21,202 annual cost and 64% graduation rate.
What are the highest paying programs at MIAT College of Technology?
Vehicle maintenance and heavy equipment programs at MIAT pay around $42,000 starting salary. Business support programs pay less at about $38,000, making technical tracks the better financial choice.
How much debt do MIAT College of Technology graduates have?
MIAT graduates carry $12,801 in median debt, which is manageable compared to many colleges. This low debt load helps offset the modest earning potential in technical fields.
What is the job market like for MIAT College of Technology graduates?
MIAT focuses on automotive and heavy equipment repair, stable fields with consistent demand. The 99% acceptance rate means easy admission, but the 64% graduation rate suggests completion requires commitment.