At $10,100/yr net price, Mid Michigan College graduates earn $37,319/yr within 10 years of enrollment, which is $3,319/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $10,100 |
| Estimated 4-Year Cost | $40,400 |
| Median Earnings (10yr post-entry) | $37,319/yr |
| Earnings Premium vs. HS Diploma | +$3,319/yr |
| Estimated Break-Even | 12.2 years |
| Graduation Rate (6-year) | 17.9% |
| Median Debt at Graduation | $13,750 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $7,365/yr |
| $30,001 - $48,000 | $6,997/yr |
| $48,001 - $75,000 | $11,002/yr |
| $75,001 - $110,000 | $12,750/yr |
| $110,001+ | $13,956/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $56,908 | $23,250 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $40,896 | $18,500 |
| Criminal Justice and Corrections. | Associate | $33,993 | |
| Business Administration, Management and Operations. | Associate | $27,552 | $11,125 |
| Allied Health and Medical Assisting Services. | Associate | $25,484 | |
| Liberal Arts and Sciences, General Studies and Humanities. | Associate | $19,749 | $10,000 |
The Risk Factor
17.9% of students at Mid Michigan College graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Mid Michigan College delivers weak financial returns for most students, with a median graduate earning just $37,319 ten years after enrollment and an alarming 17.9% graduation rate. Only one in five students who start here actually finish their program.
Nursing stands out as the clear financial winner, with graduates earning $56,908 annually. This salary justifies the higher debt load of $23,250 and makes nursing the only program here that delivers solid ROI. Allied Health Diagnostic programs also show promise at $40,896 in earnings, though you'll still carry $18,500 in debt.
Avoid the business and medical assisting programs. Business graduates earn just $27,552 despite borrowing $11,125, while medical assisting pays only $25,484. These low salaries barely cover loan payments and living expenses in Michigan's economy.
The biggest risk at Mid Michigan College is not graduating at all. With four out of five students failing to complete their programs, you face the worst possible outcome: debt without a degree. The low graduation rate suggests weak academic support or students who are unprepared for college-level work.
This school makes financial sense only if you can get into the nursing program and are confident you'll stick with it. The $10,100 annual net price is reasonable for nursing training. For other programs, consider four-year universities or trade schools with better job placement records. If you're unsure about your commitment to finishing, look elsewhere. Mid Michigan College's financial aid reaches less than one-third of students, so expect to pay most costs out of pocket or through loans.
Frequently Asked Questions
Is Mid Michigan College worth the cost?
Mid Michigan College has a very low graduation rate of 18% and median earnings of $37,319 ten years after enrollment. The low net price of $10,100 helps, but most students don't finish their programs.
What are the highest paying programs at Mid Michigan College?
Nursing programs at Mid Michigan College lead to the best earnings at around $57,000 annually. Allied health programs pay about $41,000, while business and criminal justice graduates earn significantly less at $28,000-$34,000.
How much debt do Mid Michigan College graduates have?
Mid Michigan College graduates carry a median debt of $13,750, which is relatively manageable. However, with low graduation rates and modest earnings for most programs, even this debt level can be challenging to repay.
What is the job outlook for Mid Michigan College graduates?
Nursing graduates from Mid Michigan College have strong job prospects and good earning potential at $57,000. Other programs offer weaker returns, with business and criminal justice graduates earning below the national average.