Percent of students graduating within 150% of normal completion time90% vs. 41.9% national median
|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.
Average Salary After 10 Years$74,400 vs. $34,300 national median
|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.
Median Student Loan Debt for Graduates$20,103
Percent of students receiving Federal Loans32%
Median Loan Payment$207 per month
Percent of students actively repaying their loans78% vs. 47% national average
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.