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Private for-profit · COLLEGE PAYOFF

Midwest Technical Institute-Illinois

⌖ Springfield, IL · 9 reportable field-and-credential outcomes

10-year estimate · Negative payoff

−$411,572 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

With these assumptions, the added earnings do not recover the cost within ten years.

—Modeled economic break-even

−141%Modeled 10-year ROI

$32,960Observed earnings · year 5

Not reachedMaximum annual price for positive 10-year payoff

Includes direct price and earnings forgone while studying. Assumes $45,000 in alternative annual earnings and no wage growth. How we calculate it

ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation

−$411,572at year 10

Net gainInvestment not yet recovered

NET GAIN$0UNRECOVERED

−$291,1720

−$411,57210

FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuitionNot available

Sticker price

Published out-of-state tuitionNot available

Sticker price

Average net price$27,793

Title IV student average

Cost of attendance$33,634

Tuition + living budget

COLLEGE AT A GLANCE

Institution details

Current federal characteristics describing the college—not the outcomes of a specific program.

Accreditor: Accrediting Commission of Career Schools and Colleges
Main award level: Certificates
Campus setting: City
Admissions: Open admission
Delivery: Campus or mixed delivery
Federal designation: No special designation reported

Sources: College Scorecard June 2026 release and IPEDS 2024 institutional characteristics.

OBSERVED FEDERAL MEASURES

Cost, debt, completion and earnings context

$27,793Average net price / year

$33,634Cost of attendance

$9,500Median federal student debt · completer borrowers

$101/moPublished 10-year payment estimate

$32,960Median earnings · year 5 after completion

69.0%Completion rate

Not availableAdmission rate

1,326Student size

Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.

PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$27,294

$30–48k$27,935

$48–75k$29,993

$75–110k$31,334

$110k+Not available

LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$32,960

Year 6$30,633

Year 10$33,601

Full-time retention: 78.0%
Part-time retention: Not available
Completion within 200% of normal time: 73.9%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

26thEarnings percentile

66thCompletion percentile

WHAT STANDS OUT

A faster read on this college

These summaries use only reportable field-and-credential records at this institution. They do not fill privacy-suppressed outcomes.

$34,048Median year-4 earnings across reportable program categories

$9,500Median federal debt across categories that report debt

11%Of earnings-reporting categories above their same-field national benchmark

EARNINGS PATH

Reported earnings over time

$27,429Year 1

$36,025Year 4

$32,960Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

Observed year-4 earnings · compare like fields and credentials before deciding

Strongest relative outcomes

Programs that stand out against the same-degree benchmark

This view rewards performance relative to the same field and credential—not simply majors that pay more everywhere.

1Environmental Control Technologies/TechniciansUndergraduate Certificate or Diploma · $45,679 reported+1%vs same-degree national median$9,500federal debt 2Precision Metal WorkingUndergraduate Certificate or Diploma · $47,321 reported-3%vs same-degree national median$9,500federal debt 3Health and Medical Administrative ServicesUndergraduate Certificate or Diploma · $34,048 reported-4%vs same-degree national median$9,500federal debt 4Allied Health and Medical Assisting ServicesUndergraduate Certificate or Diploma · $31,629 reported-8%vs same-degree national median$9,500federal debt 5Cosmetology and Related Personal Grooming ServicesUndergraduate Certificate or Diploma · $23,066 reported-12%vs same-degree national median$13,038federal debt 6Dental Support Services and Allied ProfessionsUndergraduate Certificate or Diploma · $29,448 reported-13%vs same-degree national median$9,500federal debt

BUILD A REAL SHORTLIST

Comparable colleges in IL

Currently operating private for-profit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Chicago, IL

Illinois Media School

Annual net price: $27,238
Observed earnings · year 5: $31,960
Modeled 10-year ROI: -145%

Open college profile →Chicago, IL

Illinois Media School-Chicago Campus

Annual net price: $26,435
Observed earnings · year 5: $31,960
Modeled 10-year ROI: -146%

Open college profile →Gurnee, IL

State Career College

Annual net price: $26,376
Observed earnings · year 5: $34,569
Modeled 10-year ROI: -137%

Open college profile →Chicago, IL

Stellar Career College

Annual net price: $25,959
Observed earnings · year 5: $30,696
Modeled 10-year ROI: -150%

Open college profile →

ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal field	Credential	Earnings, year 4	Federal debt	2023–24 awards
Precision Metal Working	Undergraduate Certificate or Diploma	$47,321	$9,500	207
Environmental Control Technologies/Technicians	Undergraduate Certificate or Diploma	$45,679	$9,500	164
Ground Transportation	Undergraduate Certificate or Diploma	$40,840	$6,333	Not reported
Electrical and Power Transmission Installers	Undergraduate Certificate or Diploma	$40,547	$13,000	Not reported
Health and Medical Administrative Services	Undergraduate Certificate or Diploma	$34,048	$9,500	47
Allied Health and Medical Assisting Services	Undergraduate Certificate or Diploma	$31,629	$9,500	110
Dental Support Services and Allied Professions	Undergraduate Certificate or Diploma	$29,448	$9,500	83
Somatic Bodywork and Related Therapeutic Services	Undergraduate Certificate or Diploma	$23,972	$7,521	20
Cosmetology and Related Personal Grooming Services	Undergraduate Certificate or Diploma	$23,066	$13,038	26

Awards use first-major IPEDS completions aggregated to the same four-digit field and credential.

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.