Median Earnings (1yr)
$28,261
22nd percentile (60th in MI)
Median Debt
$16,984
17% below national median
Debt-to-Earnings
0.60
Manageable
Sample Size
49
Adequate data

Analysis

Michigan's Area Studies program stands out in its home state—ranking in the 60th percentile among Michigan schools—but that's partly because starting salaries are remarkably low at $28,261, well below the national median of $34,211. What makes this program intriguing is the dramatic earnings trajectory: graduates nearly double their income by year four, reaching $56,039. That kind of growth suggests these degrees open doors that take time to walk through, whether that's graduate school, international organizations, or specialized careers that value regional expertise.

The debt picture is manageable at $16,984, lower than both national and state medians for this program, and the 0.60 ratio to first-year earnings isn't alarming given how quickly income rises. Still, that first year could be financially tight, especially given Michigan's selective admissions (18% acceptance rate) and relatively low Pell grant enrollment, suggesting families may have higher expectations for immediate returns.

For parents, the key question is whether your child can weather that initial low-earning period. If they're planning graduate work, already have language skills, or are targeting careers in diplomacy, cultural consulting, or international business, this trajectory makes sense. But if they need to be financially independent right after graduation, the $28,000 starting point deserves serious consideration, even at a prestigious institution like Michigan.

Where University of Michigan-Ann Arbor Stands

Earnings vs. debt across all area studies bachelors's programs nationally

University of Michigan-Ann ArborOther area studies 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 University of Michigan-Ann Arbor graduates compare to all programs nationally

University of Michigan-Ann Arbor graduates earn $28k, placing them in the 22th percentile of all area studies 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

Area Studies bachelors's programs at peer institutions in Michigan (13 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Michigan-Ann Arbor$28,261$56,039$16,9840.60
National Median$34,211—$20,5520.60

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 University of Michigan-Ann Arbor, approximately 18% 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 49 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.