Is University of Detroit Mercy worth it?

Detroit, MI · private-nonprofit

Verdict

Typical students pay $15,232 a year after aid, graduate with $23,250 in federal debt, and earn $64,534 six years after enrolling — an estimated monthly loan payment of $249, with a debt break-even of about 3.6 years.

Net price / year

$15,232

Admission rate

75%

Graduation rate

Median debt

$23,250

Earnings (6 yr)

$64,534

Earnings (10 yr)

$71,030

Est. monthly loan payment

$249

Loan-to-income ratio

36%

Debt break-even

3.6 years

How University of Detroit Mercy compares

MetricUniversity of Detroit MercyMichiganNational
Net price$15,232$15,182$16,642
Median debt$23,250$12,512$12,377
Earnings (6 yr)$64,534$30,226$33,037
Graduation rate

FAQ

How much does it cost to attend University of Detroit Mercy?

The federal average net price after grants and scholarships is $15,232 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do University of Detroit Mercy graduates typically carry?

Students who complete a program at University of Detroit Mercy leave with a median federal debt of $23,250, based on the U.S. Department of Education's College Scorecard.

What do University of Detroit Mercy graduates earn?

Six years after enrolling, former students report median earnings of $64,534, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at University of Detroit Mercy?

Graduation rate data is not currently published for this school.

Is University of Detroit Mercy worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.6 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.