Economics at University of Michigan-Dearborn
Bachelor's Degree
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 four—a 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 works—manageable 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
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-Dearborn graduates compare to all programs nationally
University of Michigan-Dearborn graduates earn $50k, placing them in the 42th percentile of all economics 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
Economics bachelors's programs at peer institutions in Michigan (22 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Michigan-Dearborn | $49,665 | $70,842 | $28,381 | 0.57 |
| University of Michigan-Ann Arbor | $68,416 | $87,800 | $19,690 | 0.29 |
| Michigan State University | $54,013 | $71,300 | $24,250 | 0.45 |
| Grand Valley State University | $53,985 | $58,840 | $27,000 | 0.50 |
| Wayne State University | $50,648 | $73,856 | $24,681 | 0.49 |
| Albion College | $48,756 | $55,527 | $27,000 | 0.55 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Michigan-Ann Arbor Ann Arbor | $17,228 | $68,416 | $19,690 |
| Michigan State University East Lansing | $15,988 | $54,013 | $24,250 |
| Grand Valley State University Allendale | $14,628 | $53,985 | $27,000 |
| Wayne State University Detroit | $14,297 | $50,648 | $24,681 |
| Albion College Albion | $55,746 | $48,756 | $27,000 |
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.