Median Earnings (1yr)
$46,861
18th percentile
25th percentile in Michigan
Median Debt
$30,567
31% above national median

Analysis

Davenport's finance program graduates earn roughly $7,000 less than the typical Michigan finance graduate and $11,000 below top in-state programs like Michigan State. Starting at $46,861, these graduates find themselves in the bottom quarter of Michigan finance programs—meaningful when most students attend college in-state and compete locally for jobs. The modest 3% earnings growth over four years suggests limited trajectory improvement, with graduates earning $48,364 by year four while peers at other Michigan schools maintain their advantage.

The debt load of $30,567 exceeds both state and national norms by about $6,000-7,000, creating a debt-to-earnings ratio of 0.65 that's workable but not comfortable. Finance graduates typically command higher salaries that justify educational investment, but Davenport's outcomes don't deliver that premium. With a 97% admission rate, the school provides access, but that openness doesn't translate into competitive earnings outcomes.

For families evaluating this program, the calculation is straightforward: you'll likely pay more and earn less than graduates from other Michigan finance programs. Unless location or specific circumstances make Davenport uniquely accessible, exploring alternatives like Central Michigan or Oakland University—both delivering $12,000-15,000 higher starting salaries—would strengthen the return on this investment. The earnings gap compounds over a career, making the program choice particularly consequential in finance where initial placement often determines long-term trajectory.

Where Davenport University Stands

Earnings vs. debt across all finance and financial management services bachelors's programs nationally

Earnings Distribution

How Davenport University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Davenport University$46,861$48,364+3%
Michigan State University$68,103$79,866+17%
Oakland University$61,804$78,839+28%
University of Michigan-Dearborn$58,438$71,075+22%
Saginaw Valley State University$46,284$70,100+51%

Compare to Similar Programs in Michigan

Finance and Financial Management Services bachelors's programs at peer institutions in Michigan (30 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Davenport UniversityGrand Rapids$23,324$46,861$48,364$30,5670.65
Michigan State UniversityEast Lansing$15,988$68,103$79,866$23,2500.34
Oakland UniversityRochester Hills$14,694$61,804$78,839$23,9440.39
Central Michigan UniversityMount Pleasant$14,190$60,023$65,653$26,6720.44
Albion CollegeAlbion$55,746$59,926$24,9790.42
Walsh CollegeTroy$58,735$60,192$14,0120.24
National Median$53,590$23,3320.44

Career Paths

Occupations commonly associated with finance and financial management services graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

$102,140/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree
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 Davenport University, approximately 30% 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.

Sample Size: Based on 36 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.