Michigan State University— Earnings & Cost Trends
Graduate Earnings
$67,253
in 2021+35% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 35% since 2008 — graduates are earning more over time
- •Net price increased 43% since 2010 — costs are rising faster than inflation
- •Graduation rate improved by 15 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 66% | $9,000 |
| 1999 | — | — | 66% | $9,900 |
| 2000 | — | — | 64% | $10,625 |
| 2001 | — | — | 66% | $11,000 |
| 2002 | — | — | 69% | $11,000 |
| 2003 | — | — | 69% | $11,000 |
| 2004 | — | — | 69% | $11,376 |
| 2005 | — | — | 71% | $11,625 |
| 2006 | — | — | 74% | $11,688 |
| 2007 | — | — | 74% | $11,882 |
| 2008 | $49,800 | — | 74% | $12,070 |
| 2009 | — | — | 75% | $13,438 |
| 2010 | $49,700 | $13,746 | 77% | $14,950 |
| 2011 | — | $14,137 | 77% | $16,420 |
| 2012 | $49,800 | $14,568 | 77% | $18,336 |
| 2013 | $49,900 | $15,897 | 79% | $19,500 |
| 2014 | $51,500 | $16,507 | 77% | $20,310 |
| 2015 | $53,600 | $16,382 | 79% | $20,500 |
| 2016 | — | $16,788 | 77% | $21,250 |
| 2017 | — | $17,120 | 78% | $21,829 |
| 2018 | — | $18,576 | 79% | $21,250 |
| 2019 | — | $18,984 | 80% | $20,500 |
| 2020 | — | $19,173 | 81% | $19,500 |
| 2021 | $67,253 | $19,058 | 81% | $19,500 |
| 2022 | — | $10,925 | 82% | — |
| 2023 | — | $19,449 | 82% | — |
| 2024 | — | $20,751 | 82% | — |
| 2025 | — | $19,680 | 81% | — |