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Northwestern Michigan College
Traverse City, MI 2,813 Undergrads 32.0% Grad Rate
Total Cost
$13,753
Sticker Price
Avg Net Price
$6,231
After Aid
Median Earnings
$58,811
4yr Post-Grad
Vs. Peer Institutions
Net Price$6,231
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$58,811
Peer Midpoint: $50,127.5
Graduation Rate32.0%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients34.1%
Enrollment Status
Full-Time43.2%
Economic Outcomes
Earn More than HS59.5%
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
+$618k
+$102k
+$133k
Median Cost$6k/yr
+$606k
+$91k
+$122k
Full Cost$14k/yr
+$592k
+$77k
+$108k
ROI Efficiency Metrics
Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
25
∞
Median Cost$6k/yr
26
1064%
Full Cost$14k/yr
28
427%
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 Return919%
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 Return185%
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
Accounting and Related Services
CertCIP: 5203
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,589
Lifetime Value Added
N/A
Audiovisual Communications Technologies/Technicians
CertCIP: 1002
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,223
Lifetime Value Added
N/A
Business Operations Support and Assistant Services
CertCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,681
Lifetime Value Added
N/A
Carpenters
CertCIP: 4602
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,835
Lifetime Value Added
N/A
Computer Programming
CertCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,556
Lifetime Value Added
N/A
Computer Software and Media Applications
CertCIP: 1108
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,400
Lifetime Value Added
N/A
Computer Systems Networking and Telecommunications
CertCIP: 1109
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,162
Lifetime Value Added
N/A
Criminal Justice and Corrections
CertCIP: 4301
Median Debt
-
Earnings (4yr)
$61,774
Natl Median: $57,702
Lifetime Value Added
+$209k
Culinary Arts and Related Services
CertCIP: 1205
Median Debt
-
Earnings (4yr)
-
Natl Median: $30,572
Lifetime Value Added
N/A
Data Entry/Microcomputer Applications
CertCIP: 1106
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,476
Lifetime Value Added
N/A
Dental Support Services and Allied Professions
CertCIP: 5106
Median Debt
-
Earnings (4yr)
$34,240
Natl Median: $33,673
Lifetime Value Added
-$85k
Electrical and Power Transmission Installers
CertCIP: 4603
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,078
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
CertCIP: 1504
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,202
Lifetime Value Added
N/A
Engineering, General
CertCIP: 1401
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,019
Lifetime Value Added
N/A
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR)
CertCIP: 4702
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,148
Lifetime Value Added
N/A
Human Development, Family Studies, and Related Services
CertCIP: 1907
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,135
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
CertCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,906
Lifetime Value Added
N/A
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
$13,375
Earnings (4yr)
$67,730
Natl Median: $56,073
Lifetime Value Added
+$268k
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,702
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,586
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
Agricultural Production Operations
AssocCIP: 0103
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,438
Lifetime Value Added
N/A
Air Transportation
AssocCIP: 4901
Median Debt
$11,737
Earnings (4yr)
$109,489
Natl Median: $75,495
Lifetime Value Added
+$579k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,389
Lifetime Value Added
N/A
Applied Horticulture and Horticultural Business Services
AssocCIP: 0106
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,283
Lifetime Value Added
N/A
Arts, Entertainment, and Media Management
AssocCIP: 5010
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,370
Lifetime Value Added
N/A
Audiovisual Communications Technologies/Technicians
AssocCIP: 1002
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,660
Lifetime Value Added
N/A
Biology, General
AssocCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,758
Lifetime Value Added
N/A
Building/Construction Finishing, Management, and Inspection
AssocCIP: 4604
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,378
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
$48,006
Natl Median: $48,733
Lifetime Value Added
+$17k
Computer Programming
AssocCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,070
Lifetime Value Added
N/A
Computer Systems Networking and Telecommunications
AssocCIP: 1109
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,971
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
-
Earnings (4yr)
$61,003
Natl Median: $46,706
Lifetime Value Added
+$142k
Culinary Arts and Related Services
AssocCIP: 1205
Median Debt
$11,000
Earnings (4yr)
$40,148
Natl Median: $39,605
Lifetime Value Added
-$62k
Dental Support Services and Allied Professions
AssocCIP: 5106
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,982
Lifetime Value Added
N/A
Design and Applied Arts
AssocCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $38,127
Lifetime Value Added
N/A
Education, General
AssocCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,787
Lifetime Value Added
N/A
Engineering Technologies/Technicians, General
AssocCIP: 1500
Median Debt
-
Earnings (4yr)
$62,520
Natl Median: $62,343
Lifetime Value Added
+$157k
Environmental/Natural Resources Management and Policy
AssocCIP: 0302
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,169
Lifetime Value Added
N/A
Fine and Studio Arts
AssocCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,650
Lifetime Value Added
N/A
Health/Medical Preparatory Programs
AssocCIP: 5111
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,711
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
Industrial Production Technologies/Technicians
AssocCIP: 1506
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,593
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$9,500
Earnings (4yr)
$44,557
Natl Median: $44,125
Lifetime Value Added
-$17k
Music
AssocCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,056
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$17,227
Earnings (4yr)
$69,022
Natl Median: $80,813
Lifetime Value Added
+$216k
Social Sciences, General
AssocCIP: 4501
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,146
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,424
Lifetime Value Added
N/A
Bachelor's Degrees
Engineering/Engineering-Related Technologies/Technicians, Other
BachCIP: 1599
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,678
Lifetime Value Added
N/A
Marine Transportation
BachCIP: 4903
Median Debt
$24,000
Earnings (4yr)
$136,748
Natl Median: $117,011
Lifetime Value Added
+$614k
Ocean Engineering
BachCIP: 1424
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,337
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.