Spring Arbor University— Earnings & Cost Trends
Graduate Earnings
$51,732
in 2021+21% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 21% since 2008 — graduates are earning more over time
- •Net price increased 28% since 2010 — costs are rising faster than inflation
- •Graduation rate improved by 25 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 38% | $8,500 |
| 1999 | — | — | 47% | $8,247 |
| 2000 | — | — | 53% | $7,499 |
| 2001 | — | — | 54% | $7,018 |
| 2002 | — | — | 54% | $6,921 |
| 2003 | — | — | 65% | $7,175 |
| 2004 | — | — | 60% | $8,000 |
| 2005 | — | — | 51% | $8,500 |
| 2006 | — | — | 58% | $9,000 |
| 2007 | — | — | 59% | $9,834 |
| 2008 | $42,700 | — | 60% | $10,300 |
| 2009 | — | — | 58% | $10,250 |
| 2010 | $41,900 | $15,114 | 59% | $10,500 |
| 2011 | — | $17,886 | 57% | $11,348 |
| 2012 | $40,400 | $14,961 | 56% | $12,500 |
| 2013 | $38,100 | $16,322 | 53% | $14,500 |
| 2014 | $38,900 | $16,368 | 57% | $16,125 |
| 2015 | $41,000 | $17,194 | 54% | $17,950 |
| 2016 | — | $18,156 | 52% | $18,750 |
| 2017 | — | $17,699 | 54% | $21,205 |
| 2018 | — | $18,730 | 59% | $23,900 |
| 2019 | — | $19,599 | 57% | $24,260 |
| 2020 | — | $19,183 | 59% | $24,645 |
| 2021 | $51,732 | $20,543 | 65% | $24,724 |
| 2022 | — | $20,235 | 64% | — |
| 2023 | — | $22,351 | 60% | — |
| 2024 | — | $20,899 | 60% | — |
| 2025 | — | $19,353 | 64% | — |