Michigan Technological University

What the IPEDS & College Scorecard Data Shows for Michigan Technological University

Michigan Technological University operates as a public institution located in Houghton, Michigan (town: remote), with a total reported enrollment of 5,955 students of which 6,197 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Michigan Technological University is categorized as “16” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 92.4%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,258 and an ACT midpoint of 28. The average net price after grants and scholarships is $14,182, with published in-state tuition of $19,123 and a Pell grant recipient share of 20.2%. Median federal student debt at graduation is $24,990, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 68.4%, and the first-year retention rate is 88.8%. Graduates earn a median of $78,198 ten years after enrolling, compared with $69,672 six years post-enrollment. Within three years of entering repayment, 217300.0% of borrowers are making progress on their federal loans, and 79.1% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.