# 2022 best colleges in Michigan

Read more**Net cost**: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

**Earnings**: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

**Payback**: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

**Earnings plus**: The difference between the school’s median earnings and the median earnings for all schools in the same state.

**Rankings**: The ranking order is based on the economic score. The economic score is calculated using a school’s payback and earnings*plus *performance.

#### University of Michigan

Ann Arbor, Michigan

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earnings*plus.
*

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $31,796

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Schools with a graduation rate in the bottom 50% *in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Michigan Technological University

Houghton, Michigan

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earnings*plus.
*

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $29,495

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Schools with a graduation rate in the bottom 50% *in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Kettering University

Flint, Michigan

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earnings*plus.
*

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $49,847

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Schools with a graduation rate in the bottom 50% *in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### University of Michigan-Dearborn

Dearborn, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $12,479

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Oakland University

Rochester Hills, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $8,866

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Michigan State University

East Lansing, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $17,055

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Ferris State University

Big Rapids, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $7,786

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Albion College

Albion, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $10,746

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### University of Detroit Mercy

Detroit, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $11,835

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Cleary University

Howell, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $9,650

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Northwood University

Midland, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $11,917

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Kalamazoo College

Kalamazoo, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $11,240

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Lawrence Technological University

Southfield, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $23,388

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Central Michigan University

Mount Pleasant, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $5,598

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Madonna University

Livonia, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $6,316

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Grand Valley State University

Allendale, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $6,227

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### University of Michigan-Flint

Flint, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $2,861

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Lake Superior State University

Sault Ste Marie, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: - $58

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Wayne State University

Detroit, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $2,633

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#### Hope College

Holland, Michigan

*plus.
*

Average time in years to *pay back* educational costs.

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

^{Plus}: + $9,750

*in their state* are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.