College dataData from U.S. Dept of EducationUpdated May 2026 · 4 min read
Data: 2026-05 Next refresh: Nov 2026

University of Michigan-Ann Arbor: Cost, Graduate Salary, Acceptance Rate and Return on Investment

University of Michigan-Ann Arbor is a public college in Ann Arbor, MI. Students pay about $13,138 a year in net price, and the median graduate earns $83,648 ten years after enrolling. By our Degree-ROI measure the degree pays back in about 2 years and adds $297,428 over a decade, ranking it #40 of 918 (top 5%) by value added.

Avg net price / yr
$13,138
Median salary (10 yrs)
$83,648
10-yr value added
$297,428
Acceptance rate
15.6%

What is University of Michigan-Ann Arbor's acceptance rate?

University of Michigan-Ann Arbor has an acceptance rate of 15.6%, which makes it highly selective. It is a public institution in Ann Arbor, MI enrolling about 34,177 students, with a 93.2% graduation rate.

How much does University of Michigan-Ann Arbor cost?

University of Michigan-Ann Arbor costs about $13,138 per year in average net price, what a typical student actually pays after grants and scholarships. Over four years, including typical borrowing, that totals roughly $72,052. Published sticker cost of attendance is $34,654 per year.

How much do University of Michigan-Ann Arbor graduates earn?

Ten years after enrolling, the median University of Michigan-Ann Arbor student earns $83,648 per year. That is $36,948 more than the $46,700 that the typical worker with only a high-school diploma earns.

Is University of Michigan-Ann Arbor worth it? Degree ROI and payback period

University of Michigan-Ann Arbor pays back its roughly $72,052 cost in about 2 years, then keeps returning the earnings premium. Over the first decade the degree adds about $297,428 net of cost, a 5.13x return on the money invested. That ranks it #40 of 918 (top 5%) by value added. Its top-tier value is driven mainly by a low net price and strong graduate earnings.

Top 10% value

University of Michigan-Ann Arbor graduation rate and student debt

93.2% of University of Michigan-Ann Arbor students complete their degree, and the median graduate leaves with $19,500 in federal student debt. That debt is about 23% of one year of median graduate earnings.

University of Michigan-Ann Arbor by the numbers (vs the typical college)

How University of Michigan-Ann Arbor compares to the median four-year college in our snapshot. Percentile is its rank among the 918 colleges that report both earnings and cost (higher is better).

MetricThis schoolMedian collegePercentile
Avg net price / yr$13,138$20,299cheaper than 83%
Median earnings (10 yrs)$83,648$54,76893th
Graduation rate93.2%57.0%98th
Acceptance rate15.6%75.7%more selective than 95%
10-yr value added$297,428-$28,19296th
ROI multiple (per $1)5.13x0.73x98th
Payback period2 yrs8.8 yrsfaster than 97%
How we compute Degree value-add & ROI. Investment basis = average net price × 4 years + median debt (net price preferred; published sticker cost used as a fallback). Earnings premium = median earnings 10 years after entry minus the $46,700 typical earnings of a worker with only a high-school diploma (BLS Current Population Survey, median annual earnings for workers with a high-school diploma and no college (~$899/week, 2023)). Degree value-add = premium × 10 years minus total cost, the net return of the degree itself over a high-school career (it can be negative). ROI multiple = 10-year premium ÷ cost. Payback = cost ÷ annual premium. Ranked by value-add among the 918 four-year colleges in this snapshot that report both earnings and cost; 226 of them do not pay back at ten years. Missing values are excluded, never estimated.
Open data: these figures come from the public College Scorecard (public domain). Our computed Degree value-add, ROI multiple, and payback are free to cite/reuse under CC-BY 4.0.

Frequently asked

Is University of Michigan-Ann Arbor worth the cost compared to other colleges?

By value added net of cost, University of Michigan-Ann Arbor ranks #40 of 918 (top 5%) of the 918 four-year colleges we rank, and returns about 5.13x the money invested over a decade.

Is University of Michigan-Ann Arbor expensive compared to other colleges?

Its $13,138 average net price is below the $20,299 median for the colleges in this snapshot, making it cheaper than 83% of them.

Do University of Michigan-Ann Arbor graduates earn more than average?

Median earnings of $83,648 ten years out are above the $54,768 median, higher than 93% of the colleges here.

How hard is it to get into University of Michigan-Ann Arbor compared to other colleges?

Its 15.6% acceptance rate is below the 75.7% median, making it more selective than 95% of the colleges in the snapshot.

Federal data behind this page

What a programme costs, what its graduates earn, and what aid is available are published by federal statistical agencies rather than by any provider's marketing page, and the sources below are the primary ones. They are linked so a reader can check a figure here directly.

This page compares programmes on published data. Outcomes vary by student, and a reader's own aid package and circumstances decide what a programme actually costs them.

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