Wayne State University: Is It Worth It?

Detroit, Michigan · Public · Website

ROI Score

9.5

Net Price/Year

$12,766

avg with financial aid

10yr Earnings

$53,493

median, all graduates

Median Debt

$21,250

at graduation

Is Wayne State University Worth It?

Graduates earn a median of $53,493 per year ten years after enrollment. With an average net price of $12,766 per year, the total estimated cost for a four-year degree is approximately $51,064.

Based on median earnings, the degree typically pays for itself in approximately 1.0 years.

The median graduate leaves with $21,250 in debt, which represents about 40%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

81.2%

Avg SAT

1156

ACT Midpoint

25

Enrollment

15,587

Completion & Retention

6-Year Graduation Rate

57.5%

National avg: ~60%

Retention Rate

82.7%

First-year students returning

3yr Repayment Rate

989800.0%

Grads making progress on loans

Cost Breakdown

In-State Tuition

$15,190

Out-of-State Tuition

$32,037

Avg Net Price

$12,766

After grants/scholarships

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Frequently Asked Questions

Is Wayne State University worth the money?

Based on federal data, Wayne State University graduates earn a median of $53,493 ten years after enrollment, with a median debt of $21,250 at graduation. The ROI score is 9.5.

What do Wayne State University graduates earn?

The median earnings for Wayne State University graduates is $45,207 six years after enrollment and $53,493 ten years after enrollment, according to the College Scorecard.

What is the acceptance rate at Wayne State University?

The acceptance rate at Wayne State University is 81.2%.

How much debt do Wayne State University graduates have?

The median debt at graduation for Wayne State University students is $21,250.

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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.