Analysis
Statistics programs in Michigan typically produce first-year earnings around $64,000, and Oakland University appears positioned to deliver outcomes in this range—slightly above the national median of roughly $60,000. With an estimated debt load of $25,625 based on comparable Michigan programs, graduates would face a manageable 0.40 debt-to-earnings ratio, meaning debt equals about 40% of first-year income. That's a reasonable starting point for a quantitative field with clear career paths in data analysis, actuarial work, and research.
The challenge here is uncertainty. These estimates derive from just a handful of Michigan statistics programs, and actual outcomes at Oakland could vary. The school's $25,625 estimated debt sits above the $20,150 national median, suggesting Michigan students in this field generally borrow more than peers elsewhere. Meanwhile, peer programs in the state show significant variation—Grand Valley's reported $43,668 sits well below the state median, while Michigan State matches it and U-M edges slightly higher.
For families comfortable with moderate debt and confident in their student's quantitative aptitude, this looks like a solid investment—statistics majors generally find employment, and the debt burden appears manageable based on what similar programs produce. But without program-specific data, you're betting on Oakland matching the state's typical outcomes rather than falling to the lower end like Grand Valley. If cost is a major concern, get specific numbers from Oakland's career services about where their statistics graduates actually land.
Where Oakland University Stands
Earnings vs. debt across all statistics bachelors's programs nationally
Compare to Similar Programs in Michigan
Statistics bachelors's programs at peer institutions in Michigan (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $14,694 | $63,649* | — | $25,625* | — | |
| $17,228 | $64,371* | $98,758 | $23,250* | 0.36 | |
| $15,988 | $63,649* | $81,993 | $25,625* | 0.40 | |
| $14,628 | $43,668* | $65,601 | $27,000* | 0.62 | |
| National Median | — | $59,718* | — | $20,150* | 0.34 |
Career Paths
Occupations commonly associated with statistics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Survey Researchers
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 Oakland 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.
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 median of 3 similar programs in MI. Actual outcomes may vary.