Years | Percent Earning Bachelor's Degree |
---|---|
within 4 years | 73% earned a bachelor degree |
within 5 years | 87% earned a bachelor degree |
within 6 years | 90% earned a bachelor degree |
A college's graduation rate is a strong indication of its effectiveness and your potential to find success at a school. These statistics measure the percentage of first-time, full-time students who earned a bachelor degree within four, five or six years from University of Michigan. For comparison, approximately 58% of starting students nationally earn a bachelor's degree within six years. University of Michigan is more effective than average at successfully graduating students.
Years | Average Earnings |
---|---|
after 6 years | $56,200 per year |
after 7 years | $61,500 per year |
after 8 years | $64,700 per year |
after 9 years | $67,700 per year |
after 10 years | $74,400 per year |
10 years after enrolling, the average income of former University of Michigan students who are working and no longer in school is $74,400, which is 117% higher than the national median. Sources, U.S. Department of Education College Scorecard / Department of Treasury.
If you are having trouble affording your Michigan student loan debt, explore your options.
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=170976 IPEDS survey data for University of Michigan.
Last updated February 24, 2024