2023 best colleges in Michigan

Ann Arbor, Michigan is home to the state’s flagship university, the University of Michigan, which is known for offering some of the nation’s top-ranking academic programs, including anthropology, sociology, and entrepreneurship. Students from around the country migrate to the state to take advantage of top law schools and medical schools. Besides excellent sportsmanship and world-famous alumni, like Earvin “Magic” Johnson, the Michigan State Spartans mascot, Sparty the Spartan, often ranks among the best mascots in the country.

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#1 in Michigan | #3 in Business nationally
Economic score: 0.44

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,878

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

Payback: Under a year

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $100,155

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

EarningsPlus: + $46,781

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 20%
Graduation rate: 94%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#2 in Michigan | #17 in Business nationally

Oakland University

Rochester Hills, Michigan

Economic score: 1.10

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $13,449

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

Payback: 1.4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $70,372

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

EarningsPlus: + $13,374

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 92%
Graduation rate: 62%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#3 in Michigan | #38 in Business nationally

Michigan State University

East Lansing, Michigan

Economic score: 1.36

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $19,058

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

Payback: 1.8 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $72,544

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

EarningsPlus: + $16,891

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 83%
Graduation rate: 83%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#4 in Michigan | #69 in Business nationally
Economic score: 1.73

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $17,356

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

Payback: 2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $64,578

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

EarningsPlus: + $8,140

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 92%
Graduation rate: 68%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#5 in Michigan | #78 in Business nationally
Economic score: 1.79

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $15,384

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

Payback: 2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $62,088

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

EarningsPlus: + $6,644

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 86%
Graduation rate: 72%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#6 in Michigan | #83 in Business nationally
Economic score: 1.85

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $17,058

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

Payback: 2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $60,143

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

EarningsPlus: + $4,110

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 93%
Graduation rate: 71%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#7 in Michigan | #85 in Business nationally

Ferris State University

Big Rapids, Michigan

Economic score: 1.87

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $12,213

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

Payback: 1.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $52,231

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

EarningsPlus: + $857

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 85%
Graduation rate: 59%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#8 in Michigan | #100 in Business nationally

Central Michigan University

Mount Pleasant, Michigan

Economic score: 1.95

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $16,007

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

Payback: 2.2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $58,178

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

EarningsPlus: + $6,835

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 77%
Graduation rate: 64%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#9 in Michigan | #110 in Business nationally
Economic score: 2.02

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $12,855

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

Payback: 2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $55,142

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

EarningsPlus: - $1,714

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 69%
Graduation rate: 63%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#10 in Michigan | #194 in Business nationally

Eastern Michigan University

Ypsilanti, Michigan

Economic score: 2.47

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $15,127

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

Payback: 2.4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $54,755

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

EarningsPlus: - $1,224

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 85%
Graduation rate: 56%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#11 in Michigan | #214 in Business nationally

Western Michigan University

Kalamazoo, Michigan

Economic score: 2.57

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $20,371

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

Payback: 2.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $57,611

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

EarningsPlus: + $6,701

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 83%
Graduation rate: 63%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#12 in Michigan | #352 in Business nationally

Northwood University

Midland, Michigan

Economic score: 3.30

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $21,257

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

Payback: 3.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $50,522

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

EarningsPlus: - $513

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 83%
Graduation rate: 65%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#13 in Michigan | #355 in Business nationally

Spring Arbor University

Spring Arbor, Michigan

Economic score: 3.32

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $20,543

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

Payback: 3.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $51,073

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

EarningsPlus: - $135

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 60%
Graduation rate: 66%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#14 in Michigan | #362 in Business nationally

Cornerstone University

Grand Rapids, Michigan

Economic score: 3.34

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $20,397

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

Payback: 3.2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $49,548

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

EarningsPlus: - $1,517

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 91%
Graduation rate: 70%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#15 in Michigan | #364 in Business nationally

Saginaw Valley State University

University Center, Michigan

Economic score: 3.36

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $14,279

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

Payback: 2.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $48,612

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

EarningsPlus: - $8,387

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 78%
Graduation rate: 51%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#16 in Michigan | #368 in Business nationally
Economic score: 3.38

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $21,434

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

Payback: 3.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $50,496

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

EarningsPlus: - $579

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 68%
Graduation rate: 63%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#17 in Michigan | #397 in Business nationally

Hope College

Holland, Michigan

Economic score: 3.52

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $26,944

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

Payback: 3.5 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $54,157

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

EarningsPlus: - $623

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 92%
Graduation rate: 81%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#18 in Michigan | #400 in Business nationally
Economic score: 3.53

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $12,689

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

Payback: 3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $43,781

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

EarningsPlus: - $7,790

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 74%
Graduation rate: 53%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#19 in Michigan | #443 in Business nationally

Calvin University

Grand Rapids, Michigan

Economic score: 3.73

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $26,082

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

Payback: 3.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $53,866

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

EarningsPlus: + $173

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 75%
Graduation rate: 76%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#20 in Michigan | #466 in Business nationally

Rochester University

Rochester Hills, Michigan

Economic score: 3.84

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $17,003

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

Payback: 3.4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $44,958

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

EarningsPlus: - $6,425

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 98%
Graduation rate: 63%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

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How long does it take me to repay a bachelor's degree in business administration in Michigan?

Years

2.6 years

The cost of the average bachelor's degree in business administration in Michigan is covered by the new earnings of graduates in 2.6 years.

How much do graduates with bachelor's degree in business administration earn in Michigan?

Salary

$57,270

The median bachelor's degree in business administration graduate earns $57,270 3 years after graduating.

How much does a bachelor's degree in business administration cost in Michigan?

Net cost

$17,453

The average annual cost of a bachelor's degree in business administration is $17,453. This is the net cost and considers only students that have received Title IV funds.