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University of Michigan

Ann Arbor, MI·Public·33,488 students
Last updated: March 22, 2026

A good fit for competitive applicants and families looking for lower cost. no major red flags in the data. solid earnings of $79,000 within 10 years; exceptional 93% graduation rate.

18%
Accept
33,488
Students
$14,832
Net Price
93%
Grad Rate
$79,000
Earnings
10 yr
$17,625
Debt

About This School

University of Michigan is a public institution located in Ann Arbor, Michigan with approximately 33,488 undergraduate students enrolled. Admissions are highly selective, with an acceptance rate of 18%. The average net price after financial aid is $14,832 per year. The graduation rate is 93%, and the typical graduate earns $79,000 within 10 years of enrollment.

The University of Michigan is a public research university in Ann Arbor, Michigan, United States. It was founded in 1817 and is the oldest institution of higher education in the state. It is also one of the earliest American research universities and is a founding member of the Association of American Universities.

This is a strong option for students who want a prestigious public research university experience without the private school price tag — at $14,832/year average net cost and a 93% graduation rate, the value proposition is hard to argue with. The 18% acceptance rate makes it genuinely selective, so treat it as a reach unless your stats are strong, but those who get in and graduate are earning a median $79,000 a decade out with only $17,625 in debt — a healthy return by any measure.

Founded
1817
Setting
Midsize city

Popular Programs

Computer Science16%
Engineering14%
Social Sciences11%
Biological Sciences9%
Psychology8%
Business & Marketing8%
Visual & Performing Arts5%
Health Professions4%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Gerald FordArthur MillerMichael PhelpsLarry PageJonas SalkLucy LiuTed KaczynskiIggy PopNgô Đình DiệmClaude ShannonSamuel C. C. TingHugh David Politzer

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average Composite1473
Reading 75th %ile750
Math 75th %ile780

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$17,228
Out-of-State Tuition
$58,072
Avg Net Price
$14,832
after aid

Financial Aid

Students receiving Pell Grants18%
Median debt at graduation$17,625

Full Cost

After Graduation

Graduation Rate
93%
within 6 years
Retention Rate
98%
freshmen returning
Earnings (10 yr)
$79,000
after enrollment
Median Debt
$17,625
at graduation

Will This School Pay Off?

Median Debt
$17,625
at graduation
Earnings (6 yr)
$55,900
after enrollment
Earnings (10 yr)
$79,000
after enrollment
Earnings-to-Debt Ratio: 4.5x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White49%
Black5%
Hispanic/Latino10%
Asian19%

Source: U.S. Department of Education College Scorecard (33,488 undergraduates).

Contact & Location

Address

University of Michigan

1109 Geddes Avenue

Ann Arbor, MI 48109

View on Google Maps →

Other Schools in Michigan

Browse all Michigan schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Official School Resources
Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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