Benton Harbor, MI · Private University
Is Lake Michigan College Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$34,466
median, 10 years after enrollment
In-State Tuition
$5,265
per year
Out-of-State Tuition
$7,500
per year
Total 4-Year Cost
$30,000
tuition only (4 years)
ROI Ratio
4.59x
earnings ÷ annual tuition
Median Debt
$9,000
at graduation
Avg Net Price
$11,209
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
Lake Michigan College graduates earn $10,534 less than the national median of workers with any education level.
What You'd Actually Pay
Average net price after grants and scholarships, by family income
Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.
The Bottom Line
Lake Michigan College stands out as a strong financial investment among U.S. colleges. Graduates earn $34,466 10 years after starting, $10,534 below the national median of $45,000. In-state students pay $5,265/year, significantly less than the $7,500 out-of-state rate, which substantially improves the ROI picture for state residents.
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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.