At $23,863/yr net price, Midway University graduates earn $44,246/yr within 10 years of enrollment, which is $10,246/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $23,863 |
| Estimated 4-Year Cost | $95,452 |
| Median Earnings (10yr post-entry) | $44,246/yr |
| Earnings Premium vs. HS Diploma | +$10,246/yr |
| Estimated Break-Even | 9.3 years |
| Graduation Rate (6-year) | 46.4% |
| Median Debt at Graduation | $21,301 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $22,513/yr |
| $30,001 - $48,000 | $19,767/yr |
| $48,001 - $75,000 | $21,880/yr |
| $75,001 - $110,000 | $27,318/yr |
| $110,001+ | $26,810/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. | Bachelor | $66,244 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $52,385 | $18,750 |
| Business Administration, Management and Operations. | Master | $48,432 | $26,478 |
| Business/Commerce, General. | Bachelor | $45,435 | $19,499 |
| Health and Medical Administrative Services. | Bachelor | $39,369 | $19,291 |
| Health and Physical Education/Fitness. | Bachelor | $33,993 | |
| Special Education and Teaching. | Bachelor | $32,925 | |
| Psychology, General. | Bachelor | $28,236 | $23,240 |
| Agricultural and Domestic Animal Services. | Bachelor | $21,052 | $26,966 |
The Risk Factor
46.4% of students at Midway University graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Midway University gives you a mixed financial return that depends almost entirely on your major. The median graduate earns $44,246 ten years out, which sits just above the $23,863 yearly net price but leaves little cushion once you account for four years of paying it. Median debt of $21,301 is manageable if you finish, but the 46.4% graduation rate and 68.83% retention rate mean a real chance you leave with debt and no degree.
Nursing is the clear payoff here. At $66,244, it earns nearly $21,000 more than the business program and roughly double what the education tracks pay. If you come to Midway for nursing, the numbers work. Business and health administration land in the low-to-mid $40,000s and $39,000s, decent but not enough to make the price feel cheap.
The teaching programs are where you should stop and think. Special education pays $32,925 and health and physical education pays $33,993, both below what the median graduate earns. Kentucky teaching salaries anchor these low, and borrowing over $20,000 for a job in the low $30,000s puts your debt-to-income ratio in tight territory.
The net price tiers hold a warning for middle-income families. If your household earns $75,000 to $110,000, you pay $27,318, more than families earning under $30,000 who pay $22,513. Aid thins out fast as income rises, so the sticker discount you might expect at that income does not fully materialize.
Come here if you want nursing and plan to graduate. Look elsewhere if you want to teach and would need to borrow the full amount, or if you are a middle-income family paying near the top tier for a degree outside nursing.
Frequently Asked Questions
Is Midway University worth the cost compared to other schools?
Midway University's ROI is below average, with graduates earning $44,246 ten years after enrollment while paying $23,863 annually. The 46% graduation rate means over half of students don't finish their degree.
What are the best paying majors at Midway University?
Nursing programs at Midway University offer the strongest earning potential, with some graduates making over $66,000. Business majors earn around $45,000-$48,000, which is closer to the school average.
How much student debt do Midway University graduates have?
Midway University graduates carry a median debt of $21,301, which is manageable given typical starting salaries. However, this assumes you actually graduate - nearly 54% of students don't complete their degree.
Should I choose Midway University if I want to study nursing?
Midway University's nursing programs produce graduates earning $52,000-$66,000, making it one of the few majors where the investment pays off. For other fields, you'll likely find better value elsewhere.