Bachelor's Degree in Marine Transportation. — ROI at Northwestern Michigan College
MI · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Marine Transportation. at Northwestern Michigan College
Net Annual Cost
$11,821
After grants & scholarships
Median Earnings
$112,111
Median salary after graduation
Net Debt
$26,542
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$112,111 × 20 years
+$2,242,220
Total 4-Year Cost
$11,821 × 4 years
−$47,284
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
$26,542 principal × 1.35 (interest)
−$35,831
Baseline Opportunity Cost ⓘ The estimated earnings you would make with a high school diploma over 20 years ($42,000/yr), which you forfeit while studying.
$42,000 median no-degree salary × 20 years
−$840,000
20-Year Net ROI
+$1,319,104
Graduation Rate
24.6%
of students complete their degree
Want to see how Northwestern Michigan College stacks up against others?
Compare ROI, cost, and salary side-by-side across programs.
Compare This DegreeExplore More Rankings
How we calculate ROI
20-Year Net ROI = Gross Earnings − Total 4-Year Cost − Estimated Debt Payoff − Baseline Opportunity Cost
Baseline assumes $42,000/yr median earnings without a college degree. Debt payoff uses a 1.35× multiplier to account for interest over a standard repayment period.
Data sourced from the U.S. College Scorecard.