Median Earnings (1yr)
$21,526
13th percentile (25th in MI)
Median Debt
$13,000
19% above national median
Debt-to-Earnings
0.60
Manageable
Sample Size
30
Adequate data

Analysis

Lake Michigan College's Liberal Arts associate's degree shows a striking earnings pattern that demands a closer look at timing. While graduates earn just $21,526 in their first year—well below both Michigan's $28,150 median and the national average—earnings nearly double by year four to $40,776. That's a remarkable 89% jump that ultimately places graduates ahead of most Liberal Arts associates programs nationwide by their fourth year out.

The question for Michigan families is whether this delayed payoff works for their situation. At the one-year mark, this program ranks only in the 25th percentile statewide, trailing comparable programs at Grand Rapids Community College ($33,777) and Kellogg Community College ($32,616) by over $10,000. The $13,000 debt load is manageable but means graduates face tight financial years immediately after college. However, the substantial earnings growth suggests many students may be using this degree as a stepping stone—perhaps transferring to complete a bachelor's or gaining work experience that significantly boosts their market value.

For families who can financially support their graduate through those first couple years, the trajectory looks promising. But if your child needs immediate post-graduation earnings to support themselves or pay down debt, other Michigan community colleges deliver stronger starting salaries with similar debt burdens.

Where Lake Michigan College Stands

Earnings vs. debt across all liberal arts and sciences, general studies and humanities associates's programs nationally

Lake Michigan CollegeOther liberal arts and sciences, general studies and humanities programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Lake Michigan College graduates compare to all programs nationally

Lake Michigan College graduates earn $22k, placing them in the 13th percentile of all liberal arts and sciences, general studies and humanities associates programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

Liberal Arts and Sciences, General Studies and Humanities associates's programs at peer institutions in Michigan (49 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Michigan College$21,526$40,776$13,0000.60
Oakland Community College$37,347$35,678$12,8430.34
Grand Rapids Community College$33,777$36,125$13,6440.40
Lake Superior State University$33,753$42,690$16,8810.50
Kalamazoo Valley Community College$33,055$37,470$14,6650.44
Kellogg Community College$32,616$31,533$15,0570.46
National Median$27,248—$10,9500.40

Other Liberal Arts and Sciences, General Studies and Humanities Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Oakland Community College
Auburn Hills
$3,020$37,347$12,843
Grand Rapids Community College
Grand Rapids
$4,059$33,777$13,644
Lake Superior State University
Sault Ste Marie
$14,266$33,753$16,881
Kalamazoo Valley Community College
Kalamazoo
$4,046$33,055$14,665
Kellogg Community College
Battle Creek
$3,798$32,616$15,057

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Lake Michigan College, approximately 18% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 30 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.