Is Wayne State University worth it?
Detroit, MI · public
Verdict
Typical students pay $12,766 a year after aid, graduate with $21,250 in federal debt, and earn $45,207 six years after enrolling — an estimated monthly loan payment of $227, with a debt break-even of about 4.7 years.
Net price / year
$12,766
Admission rate
81%
Graduation rate
—
Median debt
$21,250
Earnings (6 yr)
$45,207
Earnings (10 yr)
$53,493
Est. monthly loan payment
$227
Loan-to-income ratio
47%
Debt break-even
4.7 years
How Wayne State University compares
FAQ
How much does it cost to attend Wayne State University?
The federal average net price after grants and scholarships is $12,766 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Wayne State University graduates typically carry?
Students who complete a program at Wayne State University leave with a median federal debt of $21,250, based on the U.S. Department of Education's College Scorecard.
What do Wayne State University graduates earn?
Six years after enrolling, former students report median earnings of $45,207, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Wayne State University?
Graduation rate data is not currently published for this school.
Is Wayne State University worth the debt?
Based on median debt and 6-year earnings, it would take roughly 4.7 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.