Lake Michigan College

Benton Harbor, MI 2,105 Undergrads 22.5% Grad Rate

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Total Cost

$15,917

Sticker Price

Avg Net Price

$6,680

After Aid

Median Earnings

$54,349

4yr Post-Grad

Vs. Peer Institutions

Net Price$6,680

Peer Midpoint: $9,847

Earnings (4yr Post-Grad)$54,349

Peer Midpoint: $50,127.5

Graduation Rate22.5%

Peer Midpoint: 34.6%

Socio-Economic Diversity

Pell Grant Recipients33.6%

Enrollment Status

Full-Time47.0%

Economic Outcomes

Earn More than HS50.8%

Admissions Profile

Acceptance

100.0%

SAT Avg

SAT Reading

25th: --75th: -

SAT Math

25th: --75th: -

ACT Composite

25th: --75th: -

ROI Sensitivity Analysis

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV

Vs Median Peer

Vs HS Grad

Zero Cost (Scholarship)$0

+$575k

+$59k

+$90k

Median Cost$7k/yr

+$563k

+$47k

+$78k

Full Cost$16k/yr

+$546k

+$30k

+$61k

ROI Efficiency Metrics

Break-Even Age

Return on Inv. %

Zero Cost (Scholarship)$0

∞

Median Cost$7k/yr

637%

Full Cost$16k/yr

209%

Analysis Assumptions:

Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return503%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return77%

Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.

Program ROI Analysis

Certificates

Allied Health and Medical Assisting Services

CertCIP: 5108

Median Debt

Earnings (4yr)

Natl Median: $34,272

Lifetime Value Added

N/A

Clinical/Medical Laboratory Science/Research and Allied Professions

CertCIP: 5110

Median Debt

Earnings (4yr)

Natl Median: $38,675

Lifetime Value Added

N/A

Dental Support Services and Allied Professions

CertCIP: 5106

Median Debt

Earnings (4yr)

Natl Median: $33,673

Lifetime Value Added

N/A

Associate's Degrees

Accounting and Related Services

AssocCIP: 5203

Median Debt

Earnings (4yr)

Natl Median: $47,660

Lifetime Value Added

N/A

Allied Health and Medical Assisting Services

AssocCIP: 5108

Median Debt

Earnings (4yr)

Natl Median: $42,269

Lifetime Value Added

N/A

Allied Health Diagnostic, Intervention, and Treatment Professions

AssocCIP: 5109

Median Debt

$9,000

Earnings (4yr)

$67,955

Natl Median: $65,389

Lifetime Value Added

+$205k

Business Administration, Management and Operations

AssocCIP: 5202

Median Debt

Earnings (4yr)

Natl Median: $48,733

Lifetime Value Added

N/A

Business Operations Support and Assistant Services

AssocCIP: 5204

Median Debt

Earnings (4yr)

Natl Median: $37,587

Lifetime Value Added

N/A

Computer Programming

AssocCIP: 1102

Median Debt

Earnings (4yr)

Natl Median: $58,070

Lifetime Value Added

N/A

Computer/Information Technology Administration and Management

AssocCIP: 1110

Median Debt

Earnings (4yr)

Natl Median: $54,726

Lifetime Value Added

N/A

Criminal Justice and Corrections

AssocCIP: 4301

Median Debt

Earnings (4yr)

Natl Median: $46,706

Lifetime Value Added

N/A

Culinary Arts and Related Services

AssocCIP: 1205

Median Debt

Earnings (4yr)

Natl Median: $39,605

Lifetime Value Added

N/A

Dental Support Services and Allied Professions

AssocCIP: 5106

Median Debt

Earnings (4yr)

Natl Median: $61,982

Lifetime Value Added

N/A

Engineering Technologies/Technicians, General

AssocCIP: 1500

Median Debt

Earnings (4yr)

Natl Median: $62,343

Lifetime Value Added

N/A

Engineering, General

AssocCIP: 1401

Median Debt

Earnings (4yr)

Natl Median: $72,916

Lifetime Value Added

N/A

Food Science and Technology

AssocCIP: 0110

Median Debt

Earnings (4yr)

Natl Median: $50,271

Lifetime Value Added

N/A

Hospitality Administration/Management

AssocCIP: 5209

Median Debt

Earnings (4yr)

Natl Median: $41,099

Lifetime Value Added

N/A

Human Development, Family Studies, and Related Services

AssocCIP: 1907

Median Debt

Earnings (4yr)

Natl Median: $34,184

Lifetime Value Added

N/A

Liberal Arts and Sciences, General Studies and Humanities

AssocCIP: 2401

Median Debt

$14,500

Earnings (4yr)

$46,795

Natl Median: $44,125

Lifetime Value Added

+$4k

Multi/Interdisciplinary Studies, Other

AssocCIP: 3099

Median Debt

Earnings (4yr)

Natl Median: $50,491

Lifetime Value Added

N/A

Precision Metal Working

AssocCIP: 4805

Median Debt

Earnings (4yr)

Natl Median: $56,451

Lifetime Value Added

N/A

Precision Production, Other

AssocCIP: 4899

Median Debt

Earnings (4yr)

Natl Median: $51,392

Lifetime Value Added

N/A

Psychology, General

AssocCIP: 4201

Median Debt

Earnings (4yr)

Natl Median: $39,288

Lifetime Value Added

N/A

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing

AssocCIP: 5138

Median Debt

$9,000

Earnings (5yr)

$75,725

Natl Median: $80,813

Lifetime Value Added

+$262k

Teacher Education and Professional Development, Specific Levels and Methods

AssocCIP: 1312

Median Debt

Earnings (4yr)

Natl Median: $37,656

Lifetime Value Added

N/A

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate degree decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.