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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $23,324 | $46,861 | $48,364 | $30,567 | 0.65 | |
| $15,988 | $68,103 | $79,866 | $23,250 | 0.34 | |
| $14,694 | $61,804 | $78,839 | $23,944 | 0.39 | |
| $14,190 | $60,023 | $65,653 | $26,672 | 0.44 | |
| $55,746 | $59,926 | — | $24,979 | 0.42 | |
| — | $58,735 | $60,192 | $14,012 | 0.24 | |
| National Median | — | $53,590 | — | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.