Median Earnings (1yr)
$37,885
73rd percentile (60th in MI)
Median Debt
$21,510
5% below national median
Debt-to-Earnings
0.57
Manageable
Sample Size
43
Adequate data

Analysis

A Michigan philosophy degree delivers first-year earnings at the state median but then rockets upward—median earnings jump 67% to $63,360 by year four, nearly double the typical philosophy graduate's trajectory. At U-M, philosophy grads start with modest $37,885 salaries but quickly outpace their in-state peers as they translate critical thinking and analytical skills into higher-paying careers, whether in law, consulting, tech, or graduate programs.

The debt picture strengthens the case: at $21,510, borrowers owe about $4,000 less than the state average and face a manageable 0.57 debt-to-earnings ratio—meaning the first year's salary is nearly twice the debt load. This positions U-M philosophy grads better than 60% of Michigan philosophy programs for earnings and creates real financial breathing room compared to many liberal arts degrees. The sample size of 30-100 graduates makes this data reasonably reliable.

For parents wondering if a philosophy degree justifies selective-school tuition, the answer here is yes—but the value emerges over time rather than immediately. The four-year earnings growth suggests these grads are leveraging U-M's strong reputation and their analytical training to access career paths that reward those skills. If your child is considering law school, consulting, or fields where critical reasoning matters more than specific technical training, this program delivers solid financial footing with relatively modest debt.

Where University of Michigan-Ann Arbor Stands

Earnings vs. debt across all philosophy bachelors's programs nationally

University of Michigan-Ann ArborOther philosophy 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 $38k, placing them in the 73th percentile of all philosophy 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

Philosophy bachelors's programs at peer institutions in Michigan (24 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Michigan-Ann Arbor$37,885$63,360$21,5100.57
National Median$31,652—$22,6410.72

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 43 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.