At $24,326/yr net price, Morrison Institute of Technology graduates earn $63,571/yr within 10 years of enrollment, which is $29,571/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $24,326 |
| Estimated 4-Year Cost | $97,304 |
| Median Earnings (10yr post-entry) | $63,571/yr |
| Earnings Premium vs. HS Diploma | +$29,571/yr |
| Estimated Break-Even | 3.3 years |
| Graduation Rate (6-year) | 66.7% |
| Median Debt at Graduation | $12,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $23,751/yr |
| $30,001 - $48,000 | $17,833/yr |
| $48,001 - $75,000 | $22,358/yr |
| $75,001 - $110,000 | $28,138/yr |
| $110,001+ | $29,167/yr |
The Risk Factor
66.7% of students at Morrison Institute of Technology graduate within 6 years. A significant share of students finish, but roughly 33% do not complete their degree.
Analysis
Morrison Institute of Technology gives you a solid financial return for a two-year school. You graduate with $12,000 in median debt and earn around $63,571 a decade out. That debt-to-earnings ratio is strong. You could pay off your entire loan balance with roughly two months of median pay, which puts you in far better shape than most students carrying four-year-degree debt loads.
The 66.7% graduation rate matters here because your return depends on finishing. One in three students who start don't complete, and if you're in that group, you take on cost without the credential that produces the earnings. Before you enroll, be honest about whether you'll finish the program you pick.
The net price data holds a warning for lower-middle-income families. If your family earns under $30k, you pay $23,751 a year. If you earn $30-48k, you pay $17,833. But the $48-75k tier jumps back up to $22,358, and above $75k you pay more than the sticker average. The aid here favors the lowest earners and the $30-48k band. if you sit in the middle or above, expect close to full price with little discount.
This school fits you if you want a specific technical credential, plan to finish, and can access the aid that brings your net price down. It's a weaker fit if you're in the $48k-plus income range paying near-full cost without a clear program and career target, or if there's real risk you won't complete.
The provided data doesn't include program-level earnings, so I can't tell you which specific majors pay off best here. Check the program-level outcomes before committing to a field.
Frequently Asked Questions
Is Morrison Institute of Technology worth the money?
Morrison Institute of Technology offers solid value with a relatively low net price of $24,326 and modest debt load of $12,000 at graduation. However, the 67% graduation rate means one-third of students don't finish, which significantly impacts ROI for those who drop out.
What do Morrison Institute of Technology graduates earn after college?
Morrison Institute graduates earn a median of $63,571 ten years after enrollment. This puts the school's earnings above many regional colleges, though returns vary significantly by program.
How much debt do Morrison Institute of Technology students graduate with?
Morrison Institute students graduate with a median debt of $12,000, which is substantially lower than the national average. This manageable debt load makes the school's programs more financially viable than many competitors.
What are the best paying programs at Morrison Institute of Technology?
Morrison Institute focuses on technical and trade programs, which typically offer strong job placement and starting salaries. Specific program earnings data varies, but technical fields generally provide the best return on investment at the school.