Median Earnings (1yr)
$68,103
95th percentile (60th in MI)
Median Debt
$23,250
At national median
Debt-to-Earnings
0.34
Manageable
Sample Size
352
Adequate data

Analysis

Michigan State's finance program stands out nationally but faces stiffer competition closer to home. While graduates earn $68,103 in their first year—placing the program in the 95th percentile nationally and well above the national median of $53,590—it ranks in the 60th percentile among Michigan finance programs. This means you're paying for a nationally elite outcome, but several in-state alternatives like Oakland University ($61,804) offer similar career prospects.

The financial fundamentals are solid. With $23,250 in median debt and a debt-to-earnings ratio of 0.34, graduates can comfortably manage their student loans while earning significantly more than typical finance majors nationwide. The 17% earnings growth to $79,866 by year four demonstrates strong career progression and suggests the program builds skills that employers value over time.

For Michigan families, this program delivers strong value despite not being the absolute best in-state option. The combination of MSU's brand recognition, robust alumni network, and accessible 84% admission rate makes it an excellent choice for students who want elite national outcomes without the uncertainty of reaching for more selective programs. The debt load is entirely manageable given the earning potential.

Where Michigan State University Stands

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

Michigan State UniversityOther finance and financial management services programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Michigan State University graduates compare to all programs nationally

Michigan State University graduates earn $68k, placing them in the 95th percentile of all finance and financial management services bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State University$68,103$79,866$23,2500.34
Oakland University$61,804$78,839$23,9440.39
Central Michigan University$60,023$65,653$26,6720.44
Albion College$59,926$24,9790.42
Walsh College$58,735$60,192$14,0120.24
University of Michigan-Dearborn$58,438$71,075$22,1500.38
National Median$53,590$23,3320.44

Other Finance and Financial Management Services Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Oakland University
Rochester Hills
$14,694$61,804$23,944
Central Michigan University
Mount Pleasant
$14,190$60,023$26,672
Albion College
Albion
$55,746$59,926$24,979
Walsh College
Troy
$58,735$14,012
University of Michigan-Dearborn
Dearborn
$14,944$58,438$22,150

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 Michigan State University, approximately 20% 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 352 graduates with reported earnings and 270 graduates with debt data. Small samples may not be representative.