College ROI for Students in Leelanau County, MI

Is college worth it in Leelanau County? Here's the financial analysis.

Public In-State/yr

$26,350

Public Out-of-State/yr

$46,303

Private/yr

$66,129

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$105,400
Annual Earnings Premium$53,524
Payback Period2 years

20-Year Net Return$965,080

4-Year Private University

Total Cost (4 yrs)$264,516
Annual Earnings Premium$61,553
Payback Period4.3 years

20-Year Net Return$966,536

About Leelanau County, Michigan

Leelanau County in Michigan has a median household income of $82,345 and a population of 22,426. The college earnings premium in this region makes a public university degree pay back in approximately 2 years.

These estimates use regional cost and earnings data. Actual ROI varies enormously by major, institution, completion rate, and career path. Our Monte Carlo simulation models degree-specific outcomes, student loan scenarios, and alternative investment paths.

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Other Counties in Michigan

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: NCES IPEDS, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.