University of Michigan-Ann Arbor: Is It Worth It?
Ann Arbor, Michigan · Public · Website
ROI Score
14.9
Net Price/Year
$13,138
avg with financial aid
10yr Earnings
$83,648
median, all graduates
Median Debt
$19,500
at graduation
Is University of Michigan-Ann Arbor Worth It?
Graduates earn a median of $83,648 per year ten years after enrollment. With an average net price of $13,138 per year, the total estimated cost for a four-year degree is approximately $52,552.
Based on median earnings, the degree typically pays for itself in approximately 0.6 years.
The median graduate leaves with $19,500 in debt, which represents about 23%of one year's earnings at the 10-year mark.
Note: These figures reflect all graduates regardless of major. Individual outcomes vary significantly by field of study, career choices, and personal circumstances.
Earnings vs. Debt
Net Price by Family Income
Admissions Snapshot
Acceptance Rate
15.6%
Avg SAT
1465
ACT Midpoint
N/A
Enrollment
34,177
Completion & Retention
6-Year Graduation Rate
93.2%
National avg: ~60%
Retention Rate
97.5%
First-year students returning
3yr Repayment Rate
627800.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$17,736
Out-of-State Tuition
$60,946
Avg Net Price
$13,138
After grants/scholarships
Similar Schools
Frequently Asked Questions
Is University of Michigan-Ann Arbor worth the money?
Based on federal data, University of Michigan-Ann Arbor graduates earn a median of $83,648 ten years after enrollment, with a median debt of $19,500 at graduation. The ROI score is 14.9.
What do University of Michigan-Ann Arbor graduates earn?
The median earnings for University of Michigan-Ann Arbor graduates is $73,762 six years after enrollment and $83,648 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at University of Michigan-Ann Arbor?
The acceptance rate at University of Michigan-Ann Arbor is 15.6%.
How much debt do University of Michigan-Ann Arbor graduates have?
The median debt at graduation for University of Michigan-Ann Arbor students is $19,500.
Data source: U.S. Department of Education College Scorecard. Earnings data reflects median earnings 10 years after enrollment for all graduates. Debt figures reflect median debt at graduation for completers. Individual outcomes may vary.