Michigan Technological University
Houghton, Michigan
Michigan Technological University is a public institution in Houghton, Michigan with 5,829 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $18,392 compared with a Michigan nursing-school average of $15,706. The school reports a graduation rate of 68.7%, median earnings of $78,198, and median federal debt of $24,990.
$18,392 is higher than the state average of $15,706.
68.7% is higher than the state average of 47.6%.
$78,198 is higher than the state average of $39,206.
About Michigan Technological University
| Location | Houghton, Michigan |
| Institution Type | Public |
| Highest Degree | graduate |
| Website | www.mtu.edu |
| In-State Tuition | $18,392 |
| Out-of-State Tuition | $41,340 |
| Total Enrollment | 5,829 |
| Acceptance Rate | 87.9% |
| Graduation Rate | 68.7% |
| Retention Rate | 87.7% |
| Median Earnings (10 yrs after) | $78,198 |
| Median Debt at Graduation | $24,990 |
| Est. Monthly Loan Payment | $264 |
| Pell Grant Recipients | 18.2% |
| Students Receiving Loans | 45.7% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.3 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
18.2% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 45.7% of students take federal loans, so borrowing is less common than at many institutions in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Michigan Technological University depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $73,568, while the reported median debt is $24,990 with an estimated monthly payment of $264. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (83.7%), followed by Hispanic students (3.1%) and Asian students (2.0%).
Value Score
Median earnings ($78,198) divided by median debt ($24,990)