Best Colleges in America 2022
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Overall Score: 75.64

Michigan Technological University

Houghton, MI http://www.mtu.edu/
Michigan Technological University, commonly referred to as Michigan Tech or MTU, was founded in the late 19th century as a school for mining engineers. It now offers more than 120 degree programs to its nearly 7,000 students, 5,700 of whom are undergrads. Its student body is mostly white and largely focused on engineering, and the vast majority of students receive financial aid. About a tenth of students take part in Greek life, although if you don't there's no shortage of things to do: Michigan Tech has its own ski and snowboard hill called Mont Ripley, and the city of Houghton has a solid nightlife scene. The school’s proximity to state parks near Lake Superior shores also makes it a great place to go hiking, camping and paddling, and Michigan’s Upper Peninsula features many bike trails. For those who like to stay active but are not so fond of outdoorsy activities, MTU offers an indoor Student Development Complex complete with an ice rink, dance studio, climbing wall, pool and a tennis court. Fair warning: If you decide to become a Husky, you'll need a warm coat for the Winter Carnival, an annual festival during which students carve snow statues and play a sport called broomball. (It's kind of like hockey). Those looking to go further afield can travel to one of MTU's 150 study abroad destinations, many of which offer additional financial aid to cover the costs of going overseas.

Costs

Est. full price 2022-2023
$32,200
% of students who get any grants
94%
Est. price for students who receive aid
$18,300
Average price for low-income students
$5,520

Admissions

Acceptance rate
74%
Median SAT/ACT score
1270/28
SAT/ACT required?
No
Undergraduate enrollment
5,680

Financial Aid

% of students with need who get grants
77%
% of need met
72%
% of students who get merit grants
27%
Average merit grant
$6,090

Student Success

Graduation rate
68%
Average time to a degree
4.7 years
Median student debt
$25,500
Early career earnings
$73,540
% earning more than a high school grad
81%

Notes: Students who get merit grants are full-time undergraduates who had no financial need and were awarded grants. Graduation rate measures degree completion within six years for both transfer students and first-time students. Early career earnings are the median earnings for both graduates and non-completers, 10 years after they first enrolled.

Sources: U.S. Department of Education, Peterson’s, Money/Witlytic calculations.

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