Analysis
UM-Dearborn economics graduates face a slow start but achieve impressive long-term growth, earning $49,665 initially but jumping to $70,842 by year fourβa 43% increase that outpaces most programs. This trajectory matters more than the middling first-year figure suggests. Among Michigan's 22 economics programs, this lands at the 60th percentile, trailing flagship Ann Arbor significantly but competing well with regional alternatives like Wayne State. The $28,381 debt burden sits comfortably below the state median of $26,768 and well below the national average, creating a 0.57 debt-to-earnings ratio that improves dramatically as salaries climb.
The catch? These numbers come from a small sample of fewer than 30 graduates, so individual outcomes could vary considerably. That said, the pattern makes sense: UM-Dearborn serves a substantial population of Pell grant recipients (44%) who likely balance work and school, potentially explaining slower initial earnings that accelerate as career momentum builds. For families comparing costs, this program delivers University of Michigan credentials and eventual earning power without Ann Arbor's price tag or competition level.
If your child can maintain steady career progression and capitalize on the UM network, the math worksβmanageable debt paired with strong mid-career outcomes. Just recognize that year-one earnings lag, so early financial planning matters.
Where University of Michigan-Dearborn Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of Michigan-Dearborn 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-Dearborn | $49,665 | $70,842 | +43% |
| University of Michigan-Ann Arbor | $68,416 | $87,800 | +28% |
| Wayne State University | $50,648 | $73,856 | +46% |
| Michigan State University | $54,013 | $71,300 | +32% |
| Grand Valley State University | $53,985 | $58,840 | +9% |
Compare to Similar Programs in Michigan
Economics bachelors's programs at peer institutions in Michigan (22 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,944 | $49,665 | $70,842 | $28,381 | 0.57 | |
| $17,228 | $68,416 | $87,800 | $19,690 | 0.29 | |
| $15,988 | $54,013 | $71,300 | $24,250 | 0.45 | |
| $14,628 | $53,985 | $58,840 | $27,000 | 0.50 | |
| $14,297 | $50,648 | $73,856 | $24,681 | 0.49 | |
| $55,746 | $48,756 | $55,527 | $27,000 | 0.55 | |
| National Median | β | $51,722 | β | $22,816 | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
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 University of Michigan-Dearborn, approximately 44% 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 21 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.