Michigan Technological University — ROI, Cost & Payback
Michigan Technological University charges a net price of $14,182/yr after aid — a 4-year total of $56,728. Graduates earn a median $78,198 ten years after entry, $29,838/yr above the $48,360 high-school baseline, clearing the total in 1.9 years — a 20-year net return of $540,032, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)
Michigan Technological University's 1.9-year payback ranks #66 of 1,280 US colleges we track — better ROI than 95% of them, and #2 of 85 in Michigan.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $14,182/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $56,728 | our math |
| Median earnings, 10 yrs after entry | $78,198 | Scorecard, 2026 |
| Earnings premium over HS baseline | $29,838/yr | our math |
| Median debt (completers) | $24,990 | Scorecard, 2026 |
| Payback | 1.9 yrs | our math |
| 20-year net return | $540,032 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.