University of Michigan-Ann Arbor— Earnings & Cost Trends
Graduate Earnings
$83,648
in 2021+42% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 42% since 2008 — graduates are earning more over time
- •Net price decreased 13% since 2010 — the school has become more affordable
- •Graduation rate improved by 11 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 82% | $10,774 |
| 1999 | — | — | 82% | $10,904 |
| 2000 | — | — | 82% | $10,469 |
| 2001 | — | — | 82% | $10,363 |
| 2002 | — | — | 83% | $10,838 |
| 2003 | — | — | 84% | $11,000 |
| 2004 | — | — | 85% | $11,417 |
| 2005 | — | — | 87% | $11,750 |
| 2006 | — | — | 86% | $12,698 |
| 2007 | — | — | 87% | $12,750 |
| 2008 | $58,800 | — | 88% | $12,813 |
| 2009 | — | — | 88% | $13,750 |
| 2010 | $58,900 | $15,038 | 89% | $15,375 |
| 2011 | — | $15,200 | 90% | $17,125 |
| 2012 | $57,900 | $15,183 | 90% | $18,500 |
| 2013 | $57,400 | $15,574 | 91% | $19,500 |
| 2014 | $60,100 | $16,287 | 90% | $20,000 |
| 2015 | $63,400 | $15,787 | 91% | $19,597 |
| 2016 | — | $14,521 | 90% | $19,000 |
| 2017 | — | $14,897 | 91% | $18,148 |
| 2018 | — | $14,860 | 92% | $15,459 |
| 2019 | — | $16,010 | 92% | $15,750 |
| 2020 | — | $15,336 | 93% | $16,633 |
| 2021 | $83,648 | $14,878 | 93% | $17,625 |
| 2022 | — | $17,086 | 94% | — |
| 2023 | — | $16,792 | 93% | — |
| 2024 | — | $14,832 | 93% | — |
| 2025 | — | $13,138 | 93% | — |