Median Earnings (1yr)
$71,432
64th percentile (60th in MI)
Median Debt
$16,423
21% below national median
Debt-to-Earnings
0.23
Manageable
Sample Size
56
Adequate data

Analysis

Lake Michigan College's nursing program starts strong with first-year earnings of $71,432—above both the national and Michigan medians—but the 11% earnings decline by year four requires explanation. This likely reflects new graduates initially taking higher-paying hospital shifts (nights, weekends, overtime) before transitioning to more sustainable schedules as they gain experience. The debt load of $16,423 is notably lower than Michigan's typical $22,818, giving graduates financial breathing room that many nursing programs don't provide.

Within Michigan's competitive nursing landscape, this program lands solidly in the middle—ranking 60th percentile statewide. While top community colleges like Jackson and Mid Michigan place graduates earning over $75,000, Lake Michigan's combination of above-average starting pay and 28% lower-than-state-average debt creates a reasonable value proposition. The 0.23 debt-to-earnings ratio means graduates dedicate less than three months of their first year's salary to student loans.

For families prioritizing affordability in nursing education, this program delivers a legitimate credential without excessive debt. The earnings dip over time is common in nursing as work-life balance becomes more important, and even at the four-year mark, graduates earn $63,623—enough to comfortably manage their modest loan burden while building a stable career.

Where Lake Michigan College Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing associates's programs nationally

Lake Michigan CollegeOther registered nursing, nursing administration, nursing research and clinical nursing 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 $71k, placing them in the 64th percentile of all registered nursing, nursing administration, nursing research and clinical nursing 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

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in Michigan (32 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Michigan College$71,432$63,623$16,4230.23
Jackson College$75,953$64,405$22,3870.29
Mid Michigan College$75,513$61,719$30,5000.40
Schoolcraft Community College District$74,889—$26,6760.36
Mott Community College$73,034$69,107$34,3340.47
Henry Ford College$71,268$66,615$26,6130.37
National Median$68,409—$20,7510.30

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Jackson College
Jackson
$7,040$75,953$22,387
Mid Michigan College
Harrison
$5,794$75,513$30,500
Schoolcraft Community College District
Livonia
$4,448$74,889$26,676
Mott Community College
Flint
$4,426$73,034$34,334
Henry Ford College
Dearborn
$3,460$71,268$26,613

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 56 graduates with reported earnings and 68 graduates with debt data. Small samples may not be representative.