Analysis
With a first-year salary of just $12,010, Ferris State's health/medical prep program produces earnings that rank in the bottom 5% nationally—yet somehow that's exactly average for Michigan programs in this field. This reveals a troubling reality: associate-level health prep programs in Michigan systematically underperform the national norm (where typical grads earn $27,336), and this program sits squarely in the middle of that struggling pack.
The small sample size (under 30 graduates) means these figures could swing dramatically year-to-year, but the pattern raises serious questions. Taking on $18,495 in debt for barely above minimum-wage earnings creates immediate financial stress—you're looking at debt that exceeds 1.5 times first-year income. While students may be working part-time or planning to transfer to complete their healthcare training, there's no clear evidence this particular pathway delivers better outcomes than direct entry into other programs. Michigan families should scrutinize whether this associate degree serves as an effective stepping stone or simply delays entry into careers that could start earlier through alternative routes like direct-entry healthcare programs or on-the-job training pathways.
Where Ferris State University Stands
Earnings vs. debt across all health/medical preparatory programs associates's programs nationally
Earnings Distribution
How Ferris State University graduates compare to all programs nationally
Compare to Similar Programs Nationally
Health/Medical Preparatory Programs associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,630 | $12,010 | — | $18,495 | 1.54 | |
| $7,566 | $83,933 | $72,514 | $21,961 | 0.26 | |
| $3,840 | $32,840 | $52,612 | $14,068 | 0.43 | |
| $1,194 | $31,345 | $39,062 | — | — | |
| $4,860 | $30,736 | — | $11,000 | 0.36 | |
| $3,768 | $30,605 | $46,914 | $18,744 | 0.61 | |
| National Median | — | $27,336 | — | $14,068 | 0.51 |
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 Ferris State University, approximately 34% 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 21 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.