LMC's tuition & fees has increased from $6,861 (2014) to $7,500 (2024), and the rate of tuition increase is 9.31% over the past 10 years.
LMC's tuition increase rate is lower than the Michigan's average increase rate of 18.24%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 5.84% from 2014 ($18,861).
For the current academic year 2023-2024, LMC's COA is $19,962, which is decreased by -20.01% from last year.
The following table and chart show changes to LMC's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 9.31% for the last 10 years , and the 2024 tuition & fees are $7,500. The following table and chart show the tuition & fees changes at Lake Michigan College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,934, and it has increased 20.88% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,600 | - |
|---|
| 2015-16 | $1,800 | 12.50% |
|---|
| 2016-17 | $1,800 | |
|---|
| 2017-18 | $1,800 | |
|---|
| 2018-19 | $1,800 | |
|---|
| 2019-20 | $1,800 | |
|---|
| 2020-21 | $1,800 | |
|---|
| 2021-22 | $6,900 | 283.33% |
|---|
| 2022-23 | $1,824 | -73.57% |
|---|
| 2023-24 | $1,934 | 6.03% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased -11.14% when a student lives on-campus facilities and 34.51% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Lake Michigan College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,400 | $8,900 | - |
|---|
| 2015-16 | $11,400 | $8,610 | 9.62% |
|---|
| 2016-17 | $11,400 | $8,500 | |
|---|
| 2017-18 | $11,400 | $8,500 | |
|---|
| 2018-19 | $11,580 | $10,116 | 1.58% |
|---|
| 2019-20 | $11,580 | $10,227 | |
|---|
| 2020-21 | $11,580 | $10,227 | |
|---|
| 2021-22 | $11,580 | $10,227 | |
|---|
| 2022-23 | $15,984 | $10,978 | 38.03% |
|---|
| 2023-24 | $10,528 | $12,996 | -34.13% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Lake Michigan College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Lake Michigan College | $7,500
($7,500) | $7,148
($7,148) | 4.92% |
|---|
|
| Macomb Community College | $8,220
($6,510) | $7,830
($6,210) | 4.98% |
|---|
|
| Oakland Community College | $5,560
($5,560) | $5,400
($5,400) | 2.96% |
|---|
|
| Wayne County Community College District | $4,067
($3,333) | $3,998
($3,263) | 1.73% |
|---|
|
| Grand Rapids Community College | $11,859
($8,049) | $11,679
($7,929) | 1.54% |
|---|
|
| Washtenaw Community College | $6,336
($4,584) | $6,096
($4,416) | 3.94% |
|---|
|