Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Median earnings of all students 4 years after graduating.
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
Schools are assigned a value from 1-100, where 100 is best for students from households earning up to $30,000. This value is multiplied by the percentage of the school’s student body that received a Pell Grant, to calculate the economic mobility score. A higher score is better. Read the full explanation
The percentage of a school’s student body that has received a Pell Grant.
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.
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
The total debt accrued by the median student at the time of graduation.
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
EarningsPluscompares 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.
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.
Economics bachelor graduates in Michigan earn a weighted average salary of $72,360 3 years after graduation. This places Michigan graduate earnings in the top 50% nationally. Additionally, economics graduates earn 26% more than the total graduating bachelor class in the state.
Cost of living is not considered when comparing states.
Our economics rankings cover 10 of the 11 programs available in Michigan, accounting for 99% of total student graduates. We only include schools with sufficient earnings and/or cost data.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$16,792
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$87,800
Median earnings of all students 4 years after graduating.
Graduation rate94%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$12,102
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$70,842
Median earnings of all students 4 years after graduating.
Graduation rate62%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$14,055
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$73,856
Median earnings of all students 4 years after graduating.
Graduation rate57%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$19,449
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$71,300
Median earnings of all students 4 years after graduating.
Graduation rate84%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$15,545
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$58,840
Median earnings of all students 4 years after graduating.
Graduation rate70%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$17,331
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$55,527
Median earnings of all students 4 years after graduating.
Graduation rate69%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$22,567
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$55,964
Median earnings of all students 4 years after graduating.
Graduation rate82%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$14,630
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$50,801
Median earnings of all students 4 years after graduating.
Graduation rate66%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$16,723
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$47,918
Median earnings of all students 4 years after graduating.
Graduation rate54%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
Our economic score ranks programs based on a combination of payback and EarningsPlus. Lower scores are better. Check our methodology page for details and data sources.
Cost$10,658
The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.
Earnings$43,798
Median earnings of all students 4 years after graduating.
Graduation rate49%
Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (49%) are not displayed.
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Find the best bachelor's in economics in your state
How long does it take me to repay a bachelor's degree in economics in Michigan?
Years
2.4 years
The cost of the average bachelor's degree in economics in Michigan is covered by the new earnings of graduates in 2.4 years.
How much do graduates with a bachelor's degree in economics earn in Michigan?
Salary
$72,360
The median bachelor's degree in economics graduate earns $72,360 4 years after graduating.
How much does a bachelor's degree in economics cost in Michigan?
Net cost
$17,496
The average annual cost of a bachelor's degree in economics is $17,496. This is the net cost and considers only students that have received Title IV funds.
Get a bachelor's degree in political science to understand the complexities of policy-making and connect modern day issues to philosophical roots of governance.
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