Analysis
Real estate programs nationally produce first-year earnings around $55,000, and Central Michigan's program likely falls in that ballpark. With estimated debt of $21,353, graduates would face a manageable debt burden of roughly 39% of their first-year income—well below the concerning 1:1 threshold that signals repayment struggles. For a field where earnings typically grow through commission structures and client relationships, starting near the national median suggests this program adequately prepares students for entry-level positions.
The uncertainty here matters more than usual because Michigan has only two bachelor's programs in real estate, making state-level comparisons impossible. We're relying entirely on national patterns from 28 similar programs to estimate outcomes. Real estate is also highly market-dependent—a graduate working in Detroit's recovering urban core faces different prospects than one in a rural market, yet both would be lumped into these national averages. The relatively accessible admission profile (91% acceptance rate, 1099 SAT average) suggests CMU serves a broad student population, but we can't know if their specific career services or industry connections justify the investment without actual graduate data.
Given the solid debt-to-earnings ratio and alignment with national norms, this appears reasonable if your child is committed to real estate specifically. However, the complete absence of reported data means you're making this decision blind to how CMU's particular program actually performs—a risk worth weighing against more transparent options.
Where Central Michigan University Stands
Earnings vs. debt across all real estate bachelors's programs nationally
Compare to Similar Programs Nationally
Real Estate bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $14,190 | $54,665* | — | $21,353* | — | |
| $68,237 | $98,763* | — | $19,500* | 0.20 | |
| $64,701 | $75,702* | $101,813 | $27,000* | 0.36 | |
| $60,438 | $74,912* | — | $20,500* | 0.27 | |
| $11,205 | $73,239* | $100,995 | $20,500* | 0.28 | |
| $12,859 | $72,769* | $72,701 | $19,000* | 0.26 | |
| National Median | — | $54,665* | — | $21,126* | 0.39 |
Career Paths
Occupations commonly associated with real estate graduates
Property, Real Estate, and Community Association Managers
Real Estate Brokers
Real Estate Sales Agents
Appraisers of Personal and Business Property
Appraisers and Assessors of Real Estate
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Central Michigan University, approximately 31% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 28 similar programs. Actual outcomes may vary.