University of Michigan-Ann Arbor: Cost, Graduate Salary, Acceptance Rate and Return on Investment
University of Michigan-Ann Arbor is a public college in Ann Arbor, MI. Students pay about $13,138 a year in net price, and the median graduate earns $83,648 ten years after enrolling. By our Degree-ROI measure the degree pays back in about 2 years and adds $297,428 over a decade, ranking it #40 of 918 (top 5%) by value added.
What is University of Michigan-Ann Arbor's acceptance rate?
University of Michigan-Ann Arbor has an acceptance rate of 15.6%, which makes it highly selective. It is a public institution in Ann Arbor, MI enrolling about 34,177 students, with a 93.2% graduation rate.
How much does University of Michigan-Ann Arbor cost?
University of Michigan-Ann Arbor costs about $13,138 per year in average net price, what a typical student actually pays after grants and scholarships. Over four years, including typical borrowing, that totals roughly $72,052. Published sticker cost of attendance is $34,654 per year.
How much do University of Michigan-Ann Arbor graduates earn?
Ten years after enrolling, the median University of Michigan-Ann Arbor student earns $83,648 per year. That is $36,948 more than the $46,700 that the typical worker with only a high-school diploma earns.
Is University of Michigan-Ann Arbor worth it? Degree ROI and payback period
University of Michigan-Ann Arbor pays back its roughly $72,052 cost in about 2 years, then keeps returning the earnings premium. Over the first decade the degree adds about $297,428 net of cost, a 5.13x return on the money invested. That ranks it #40 of 918 (top 5%) by value added. Its top-tier value is driven mainly by a low net price and strong graduate earnings.
Top 10% value
University of Michigan-Ann Arbor graduation rate and student debt
93.2% of University of Michigan-Ann Arbor students complete their degree, and the median graduate leaves with $19,500 in federal student debt. That debt is about 23% of one year of median graduate earnings.
University of Michigan-Ann Arbor by the numbers (vs the typical college)
How University of Michigan-Ann Arbor compares to the median four-year college in our snapshot. Percentile is its rank among the 918 colleges that report both earnings and cost (higher is better).
| Metric | This school | Median college | Percentile |
|---|---|---|---|
| Avg net price / yr | $13,138 | $20,299 | cheaper than 83% |
| Median earnings (10 yrs) | $83,648 | $54,768 | 93th |
| Graduation rate | 93.2% | 57.0% | 98th |
| Acceptance rate | 15.6% | 75.7% | more selective than 95% |
| 10-yr value added | $297,428 | -$28,192 | 96th |
| ROI multiple (per $1) | 5.13x | 0.73x | 98th |
| Payback period | 2 yrs | 8.8 yrs | faster than 97% |
Frequently asked
Is University of Michigan-Ann Arbor worth the cost compared to other colleges?
By value added net of cost, University of Michigan-Ann Arbor ranks #40 of 918 (top 5%) of the 918 four-year colleges we rank, and returns about 5.13x the money invested over a decade.
Is University of Michigan-Ann Arbor expensive compared to other colleges?
Its $13,138 average net price is below the $20,299 median for the colleges in this snapshot, making it cheaper than 83% of them.
Do University of Michigan-Ann Arbor graduates earn more than average?
Median earnings of $83,648 ten years out are above the $54,768 median, higher than 93% of the colleges here.
How hard is it to get into University of Michigan-Ann Arbor compared to other colleges?
Its 15.6% acceptance rate is below the 75.7% median, making it more selective than 95% of the colleges in the snapshot.
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