University of Michigan-Ann Arbor
Vs. Peer Institutions
Admissions Profile
ROI Sensitivity AnalysisAssuming 4 Years to Graduation
This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.
Lifetime Value Added (NPV)
ROI Efficiency Metrics
- Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
- Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
- Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
- NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.
Social Impact ROINew
Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.
Gov. Pell Grant ROINew
Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.
Program ROI Analysis
Bachelor's Degrees
Anthropology
Architecture
Area Studies
Astronomy and Astrophysics
Atmospheric Sciences and Meteorology
Biochemistry, Biophysics and Molecular Biology
Biological and Biomedical Sciences, Other
Biology, General
Biomedical/Medical Engineering
Business Administration, Management and Operations
Cell/Cellular Biology and Anatomical Sciences
Chemical Engineering
Chemistry
Civil Engineering
Classical and Ancient Studies
Cognitive Science
Communication and Media Studies
Computer and Information Sciences, General
Computer Engineering
Computer Software and Media Applications
Dance
Dental Support Services and Allied Professions
Drama/Theatre Arts and Stagecraft
Economics
Engineering Physics
English Language and Literature, General
Environmental/Environmental Health Engineering
Ethnic, Cultural Minority, Gender, and Group Studies
Film/Video and Photographic Arts
Fine and Studio Arts
Geological and Earth Sciences/Geosciences
Geological/Geophysical Engineering
Germanic Languages, Literatures, and Linguistics
History
Human Resources Management and Services
Industrial Engineering
Information Science/Studies
International/Globalization Studies
Materials Engineering
Mathematics
Mechanical Engineering
Microbiological Sciences and Immunology
Multi/Interdisciplinary Studies, Other
Music
Natural Resources Conservation and Research
Naval Architecture and Marine Engineering
Neurobiology and Neurosciences
Nuclear Engineering
Philosophy
Physics
Political Science and Government
Public Health
Public Policy Analysis
Religion/Religious Studies
Research and Experimental Psychology
Rhetoric and Composition/Writing Studies
Romance Languages, Literatures, and Linguistics
Social Sciences, General
Sociology
Sports, Kinesiology, and Physical Education/Fitness
Statistics
Visual and Performing Arts, Other
Post-Baccalaureate Certificates
Biotechnology
Business Administration, Management and Operations
Computer and Information Sciences and Support Services, Other
Computer Software and Media Applications
Entrepreneurial and Small Business Operations
Ethnic, Cultural Minority, Gender, and Group Studies
History
Management Sciences and Quantitative Methods
Multi/Interdisciplinary Studies, Other
Music
Public Health
Public Policy Analysis
Social Work
Statistics
Master's Degrees
Accounting and Related Services
Advanced/Graduate Dentistry and Oral Sciences
Anthropology
Applied Mathematics
Architectural Sciences and Technology
Architecture
Area Studies
Astronomy and Astrophysics
Atmospheric Sciences and Meteorology
Biochemistry, Biophysics and Molecular Biology
Biomedical/Medical Engineering
Business Administration, Management and Operations
Chemical Engineering
Chemistry
City/Urban, Community, and Regional Planning
Civil Engineering
Classical and Ancient Studies
Community Organization and Advocacy
Computer Engineering
Computer Software and Media Applications
Construction Engineering
Dance
Dental Support Services and Allied Professions
Design and Applied Arts
East Asian Languages, Literatures, and Linguistics
Economics
Education, General
Educational Administration and Supervision
Engineering, Other
English Language and Literature, General
Environmental/Environmental Health Engineering
Fine and Studio Arts
Genetics
Geological and Earth Sciences/Geosciences
Health and Medical Administrative Services
Industrial Engineering
Information Science/Studies
Landscape Architecture
Legal Research and Advanced Professional Studies
Management Sciences and Quantitative Methods
Manufacturing Engineering
Materials Engineering
Mechanical Engineering
Mechatronics, Robotics, and Automation Engineering
Medical Illustration and Informatics
Microbiological Sciences and Immunology
Music
Natural Resources Conservation and Research
Naval Architecture and Marine Engineering
Neurobiology and Neurosciences
Nuclear Engineering
Nutrition Sciences
Pharmacology and Toxicology
Physics
Physiology, Pathology and Related Sciences
Political Science and Government
Public Administration
Public Health
Public Policy Analysis
Religion/Religious Studies
Research and Experimental Psychology
Rhetoric and Composition/Writing Studies
Social Work
Sociology
Sports, Kinesiology, and Physical Education/Fitness
Statistics
Sustainability Studies
Systems Engineering
Doctoral Degrees
Advanced/Graduate Dentistry and Oral Sciences
Anthropology
Applied Mathematics
Architecture
Area Studies
Astronomy and Astrophysics
Atmospheric Sciences and Meteorology
Biochemistry, Biophysics and Molecular Biology
Biomedical/Medical Engineering
Cell/Cellular Biology and Anatomical Sciences
Chemical Engineering
Chemistry
City/Urban, Community, and Regional Planning
Civil Engineering
Classical and Ancient Studies
Communication and Media Studies
Computer Engineering
Economics
Education, General
Educational Administration and Supervision
English Language and Literature, General
English Language and Literature/Letters, Other
Environmental/Environmental Health Engineering
Film/Video and Photographic Arts
Fine and Studio Arts
Genetics
Geological and Earth Sciences/Geosciences
Germanic Languages, Literatures, and Linguistics
History
Industrial Engineering
Information Science/Studies
Materials Engineering
Mathematics
Mechanical Engineering
Microbiological Sciences and Immunology
Multi/Interdisciplinary Studies, Other
Music
Natural Resources Conservation and Research
Neurobiology and Neurosciences
Nuclear Engineering
Nutrition Sciences
Pharmacology and Toxicology
Philosophy
Physics
Physiology, Pathology and Related Sciences
Political Science and Government
Psychology, Other
Public Health
Public Policy Analysis
Research and Experimental Psychology
Rhetoric and Composition/Writing Studies
Romance Languages, Literatures, and Linguistics
Sociology
Sports, Kinesiology, and Physical Education/Fitness
Statistics
Professional Degrees
Dentistry
Law
Medicine
Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.
For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.
Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.