Northern Michigan University— Earnings & Cost Trends
Graduate Earnings
$47,107
in 2021+33% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 33% since 2008 — graduates are earning more over time
- •Net price increased 21% since 2010 — costs are rising faster than inflation
- •Graduation rate improved by 17 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 36% | $3,500 |
| 1999 | — | — | 36% | $3,924 |
| 2000 | — | — | 41% | $2,625 |
| 2001 | — | — | 39% | $2,625 |
| 2002 | — | — | 46% | $3,727 |
| 2003 | — | — | 44% | $3,500 |
| 2004 | — | — | 45% | $4,500 |
| 2005 | — | — | 47% | $5,500 |
| 2006 | — | — | 48% | $5,500 |
| 2007 | — | — | 49% | $5,500 |
| 2008 | $35,400 | — | 49% | $6,025 |
| 2009 | — | — | 45% | $6,300 |
| 2010 | $35,700 | $11,657 | 46% | $7,106 |
| 2011 | — | $11,504 | 45% | $8,356 |
| 2012 | $34,800 | $11,192 | 47% | $9,500 |
| 2013 | $33,900 | $12,264 | 44% | $10,500 |
| 2014 | $34,000 | $13,028 | 48% | $11,500 |
| 2015 | $35,500 | $12,039 | 48% | $12,572 |
| 2016 | — | $12,468 | 48% | $14,000 |
| 2017 | — | $12,505 | 46% | $15,000 |
| 2018 | — | $13,883 | 49% | $15,000 |
| 2019 | — | $14,690 | 47% | $14,733 |
| 2020 | — | $15,453 | 48% | $14,029 |
| 2021 | $47,107 | $15,214 | 47% | $13,750 |
| 2022 | — | $16,583 | 49% | — |
| 2023 | — | $16,723 | 53% | — |
| 2024 | — | $17,485 | 51% | — |
| 2025 | — | $14,085 | 52% | — |