University of Michigan-Ann Arbor: Is It Worth It?

Graduate earnings, costs, and ROI analysis with federal data

By Appffeine Research · Updated February 5, 2026

Overview

University of Michigan-Ann Arbor is located in Ann Arbor, MI. This comprehensive ROI analysis uses federal IRS W-2 earnings data to help you understand what graduates from University of Michigan-Ann Arbor actually earn.

Data last updated: February 5, 2026

| Key Metric | Value | |------------|-------| | Median Graduate Earnings | $83,648 | | In-State Tuition | $17,228 | | Out-of-State Tuition | $58,072 | | Acceptance Rate | 17.9% | | Graduation Rate | 93.2% | | Student Population | 33,488 |

Graduate Earnings

According to federal data from IRS W-2 records, the median annual earnings for University of Michigan-Ann Arbor graduates is $83,648 measured 10 years after initial enrollment.

This earnings figure represents graduates who received federal financial aid and had W-2 earnings reported to the IRS.

How This Compares

Compare University of Michigan-Ann Arbor's graduate earnings to:

  • [Similar schools in MI](/schools/mi)
  • [Schools with similar admission rates](/compare)
  • [National averages by major](/majors)

Cost Breakdown

Understanding the true cost of attending University of Michigan-Ann Arbor:

| Cost Component | In-State | Out-of-State | |----------------|----------|--------------| | Tuition & Fees | $17,228 | $58,072 | | Room & Board | $13,856 | $13,856 | | 4-Year Total (Est.) | $124,336 | $287,712 |

Note: Actual costs may vary. Financial aid can significantly reduce out-of-pocket expenses.

ROI Analysis

To calculate your personal ROI:

  • Estimate your total cost after financial aid
  • Compare to median earnings of $83,648
  • Consider your specific major (earnings vary significantly)
  • Factor in opportunity costs of 4 years of study
[Calculate Your Personal ROI →](/tools/roi-calculator)

Top Majors at University of Michigan-Ann Arbor

The highest-earning majors at University of Michigan-Ann Arbor typically include:

  • Engineering and Computer Science programs
  • Business and Finance degrees
  • Healthcare and Nursing programs
[See earnings by major at University of Michigan-Ann Arbor →](/school/university-of-michigan-ann-arbor/majors)

Similar Schools to Consider

Based on size, selectivity, and location, you might also consider:

  • Schools in MI with similar outcomes
  • Institutions with comparable admission rates
  • Universities with strong programs in your intended major
[Compare with similar schools →](/compare)

Frequently Asked Questions

Is University of Michigan-Ann Arbor worth the tuition?

With median graduate earnings of $83,648 and an out-of-state 4-year cost of approximately $287,712, the payback period depends on your financial aid package and chosen major.

What percentage of University of Michigan-Ann Arbor students graduate?

The graduation rate at University of Michigan-Ann Arbor is 93.2%, which is above the national average.

How competitive is admission to University of Michigan-Ann Arbor?

University of Michigan-Ann Arbor has an acceptance rate of 17.9% with an average SAT score of 1473.

---

Add University of Michigan-Ann Arbor to Your College List

Track deadlines, compare costs, and see how University of Michigan-Ann Arbor fits your college plan. Appffeine pulls federal earnings data so you can make an informed decision.

Early adopter special: The first 1,000 families get Pro free for 2 years — unlimited schools, family sharing, and deadline reminders included.

[Add to My List →](/api/login)

---

This page uses data from the U.S. Department of Education's College Scorecard API. Earnings data reflects median annual earnings for students who received federal financial aid, measured 10 years after enrollment.