Head-to-head comparison
Midwest Technical Institute-Missouri vs Academy of Hair Design-Springfield: which has better ROI?
Option A Springfield, MO
Midwest Technical Institute-Missouri
- Net price / year
- $26,023
- Earnings, 10 years
- $33,601
- Payback
- No payback
Option B Springfield, MO
Academy of Hair Design-Springfield
- Net price / year
- $15,904
- Earnings, 10 years
- $25,129
- Payback
- No payback
Neither clears its cost on institution-wide earnings, but Midwest Technical Institute-Missouri comes closer — median earnings $33,601 against a $104,092 total, vs $25,129 at Academy of Hair Design-Springfield. (Scorecard, 2026 · our math.)
| Measure | Midwest Technical Institute-Missouri | Academy of Hair Design-Springfield |
|---|---|---|
| Net price / yr | $26,023 | $15,904 |
| Total net cost | $104,092 | $63,616 |
| Median earnings, 10 yrs | $33,601 | $25,129 |
| Median debt | $9,500 | $9,500 |
| Payback | — | — |
| 20-year net return | -$399,272 | -$528,236 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
The short answer
Which is cheaper, Midwest Technical Institute-Missouri or Academy of Hair Design-Springfield?
Academy of Hair Design-Springfield, at $15,904 a year after aid versus $26,023 — a gap of $10,119 a year, or $40,476 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
The short answer
Do Midwest Technical Institute-Missouri or Academy of Hair Design-Springfield graduates earn more?
Midwest Technical Institute-Missouri graduates report a median $33,601 ten years after entry, $8,472 more than the $25,129 at Academy of Hair Design-Springfield. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
The short answer
Which leaves students with less debt, Midwest Technical Institute-Missouri or Academy of Hair Design-Springfield?
Completers at both borrow a median $9,500, so neither school has the debt advantage. That figure covers federal loans of students who finished — borrowers who leave early are not counted, and private loans sit outside it.
The short answer
Which graduates more of its students?
80% of students finish at Midwest Technical Institute-Missouri, against 64% at Academy of Hair Design-Springfield. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.