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 | #21 in Finance nationally

Oakland University

Rochester Hills, Michigan

Economic score: 1.19

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: $68,895

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

EarningsPlus: + $10,396

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.

#2 in Michigan | #31 in Finance nationally
Economic score: 1.42

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: $12,855

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

Payback: 1.5 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: $63,865

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

EarningsPlus: + $5,312

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.

#3 in Michigan | #56 in Finance nationally

Michigan State University

East Lansing, Michigan

Economic score: 1.82

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: 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: $66,016

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

EarningsPlus: + $7,007

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 | #93 in Finance nationally

Wayne State University

Detroit, Michigan

Economic score: 2.18

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: $13,962

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

Payback: 2.1 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: $55,884

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

EarningsPlus: - $2,605

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: 63%
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.

#5 in Michigan | #102 in Finance nationally
Economic score: 2.22

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: $12,689

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

Payback: 2.1 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: $52,328

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

EarningsPlus: - $2,111

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.

#6 in Michigan | #112 in Finance nationally
Economic score: 2.34

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: $17,356

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

Payback: 2.3 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: $58,328

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

EarningsPlus: - $383

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.

#7 in Michigan | #116 in Finance nationally

Central Michigan University

Mount Pleasant, Michigan

Economic score: 2.37

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: $16,007

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

Payback: 2.3 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: $56,835

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

EarningsPlus: - $1,836

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.

#8 in Michigan | #137 in Finance nationally

Northwood University

Midland, Michigan

Economic score: 2.51

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: 2.6 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: $57,193

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

EarningsPlus: + $2,636

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.

#9 in Michigan | #164 in Finance nationally

Ferris State University

Big Rapids, Michigan

Economic score: 2.70

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: $12,213

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: $48,041

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

EarningsPlus: - $10,596

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.

#10 in Michigan | #176 in Finance nationally

Saginaw Valley State University

University Center, Michigan

Economic score: 2.78

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: $14,279

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

Payback: 2.5 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: $52,465

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

EarningsPlus: - $6,034

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.

#11 in Michigan | #198 in Finance nationally

Northern Michigan University

Marquette, Michigan

Economic score: 2.95

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.

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Net cost: $15,214

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

Payback: 2.6 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: $51,392

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

EarningsPlus: - $7,779

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: 71%
Graduation rate: 55%

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 | #204 in Finance nationally

Eastern Michigan University

Ypsilanti, Michigan

Economic score: 2.99

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: $15,127

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

Payback: 2.6 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: $51,996

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

EarningsPlus: - $6,889

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.

#13 in Michigan | #259 in Finance nationally

Western Michigan University

Kalamazoo, Michigan

Economic score: 3.56

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: 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: $52,426

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

EarningsPlus: - $2,159

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.

#14 in Michigan | #324 in Finance nationally
Economic score: 5.48

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: 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: $42,774

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

EarningsPlus: - $16,314

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.

Baker College

Owosso, Michigan

Economic score: 1.89

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: $12,575

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

Payback: 1.7 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: $47,733

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

EarningsPlus: - $6,746

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: 41%
Graduation rate: 23%

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.

Explore more schools without data

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

Years

2.4 years

The cost of the average bachelor's degree in finance in Michigan is covered by the new earnings of graduates in 2.4 years.

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

Salary

$58,396

The median bachelor's degree in finance graduate earns $58,396 3 years after graduating.

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

Net cost

$17,244

The average annual cost of a bachelor's degree in finance is $17,244. This is the net cost and considers only students that have received Title IV funds.