Analysis
At $79,551 straight out of college, Michigan's chemical engineering program delivers solid returns that put graduates above three-quarters of chemical engineering programs nationally. But within Michigan, the picture is more nuanced—the program ranks in the 60th percentile statewide, trailing Michigan Tech by a slim margin and roughly matching Michigan State. Given Michigan's selective 18% admission rate and sky-high SAT scores, you might expect a wider gap over in-state alternatives. The $21,250 in typical debt is actually lower than the state median of $27,786, which matters when you're comparing options.
The trajectory looks healthy: earnings jump 16% to $92,027 by year four, and the debt burden represents just three months of starting salary. That's manageable by any standard. The catch is that Michigan State graduates start at nearly identical salaries while Michigan Tech edges slightly ahead—both at similar or lower debt levels. For many families, this means the extra selectivity and prestige of Ann Arbor doesn't translate to measurably better chemical engineering outcomes.
If your child has the credentials for Michigan and prefers Ann Arbor's campus experience, the financial case is perfectly sound. But if chemical engineering earnings are the priority, Michigan State offers comparable results at lower cost, especially for in-state tuition. The real value here is solid outcomes from a respected program, not a financial advantage over state peers.
Where University of Michigan-Ann Arbor Stands
Earnings vs. debt across all chemical engineering bachelors's programs nationally
Earnings Distribution
How University of Michigan-Ann Arbor 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 |
|---|---|---|---|
| University of Michigan-Ann Arbor | $79,551 | $92,027 | +16% |
| Wayne State University | $71,373 | $89,339 | +25% |
| Michigan State University | $79,023 | $87,528 | +11% |
| Michigan Technological University | $80,193 | $86,338 | +8% |
| Western Michigan University | $68,632 | $75,501 | +10% |
Compare to Similar Programs in Michigan
Chemical Engineering bachelors's programs at peer institutions in Michigan (6 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $17,228 | $79,551 | $92,027 | $21,250 | 0.27 | |
| $18,392 | $80,193 | $86,338 | $24,750 | 0.31 | |
| $15,988 | $79,023 | $87,528 | $26,573 | 0.34 | |
| $46,380 | $71,411 | — | $29,000 | 0.41 | |
| $14,297 | $71,373 | $89,339 | $29,900 | 0.42 | |
| $15,298 | $68,632 | $75,501 | $29,000 | 0.42 | |
| National Median | — | $72,974 | — | $23,250 | 0.32 |
Career Paths
Occupations commonly associated with chemical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Chemical Engineers
Bioengineers and Biomedical Engineers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
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 126 graduates with reported earnings and 94 graduates with debt data. Small samples may not be representative.