Is University of Michigan-Ann Arbor worth it?
Ann Arbor, MI · public
Verdict
Typical students pay $13,138 a year after aid, graduate with $19,500 in federal debt, and earn $73,762 six years after enrolling — an estimated monthly loan payment of $209, with a debt break-even of about 2.6 years.
Net price / year
$13,138
Admission rate
16%
Graduation rate
—
Median debt
$19,500
Earnings (6 yr)
$73,762
Earnings (10 yr)
$83,648
Est. monthly loan payment
$209
Loan-to-income ratio
26%
Debt break-even
2.6 years
How University of Michigan-Ann Arbor compares
FAQ
How much does it cost to attend University of Michigan-Ann Arbor?
The federal average net price after grants and scholarships is $13,138 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 Michigan-Ann Arbor graduates typically carry?
Students who complete a program at University of Michigan-Ann Arbor leave with a median federal debt of $19,500, based on the U.S. Department of Education's College Scorecard.
What do University of Michigan-Ann Arbor graduates earn?
Six years after enrolling, former students report median earnings of $73,762, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at University of Michigan-Ann Arbor?
Graduation rate data is not currently published for this school.
Is University of Michigan-Ann Arbor worth the debt?
Based on median debt and 6-year earnings, it would take roughly 2.6 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.