Best Value Colleges in Michigan

If you are looking for a good value college, Michigan has some great choices. Payscale’s College ROI Report rankings for Michigan can guide you toward choosing a school that pays off. If you’re financially savvy, you’re in luck — there are many Michigan colleges with high return on investment for their alumni, meaning that they set graduates up for long, successful careers.

Find out exactly what you should be paid
RankSchool Name20 Year Net ROI
Total 4 Year Cost
Graduation Rate
Typical Years to Graduate
Average Loan Amount
Rank:1School Name:20 Year Net ROI:$817,000Total 4 Year Cost:$234,000Graduation Rate:63%Typical Years to Graduate:5Average Loan Amount:$46,600
Rank:2School Name:20 Year Net ROI:$708,000Total 4 Year Cost:$118,000Graduation Rate:70%Typical Years to Graduate:5Average Loan Amount:$33,700
Rank:3School Name:20 Year Net ROI:$637,000Total 4 Year Cost:$189,000Graduation Rate:70%Typical Years to Graduate:5Average Loan Amount:$33,700
Rank:4School Name:20 Year Net ROI:$633,000Total 4 Year Cost:$120,000Graduation Rate:93%Typical Years to Graduate:4Average Loan Amount:$29,200
Rank:5School Name:20 Year Net ROI:$589,000Total 4 Year Cost:$196,000Graduation Rate:60%Typical Years to Graduate:5Average Loan Amount:$43,500
Rank:6School Name:20 Year Net ROI:$500,000Total 4 Year Cost:$253,000Graduation Rate:93%Typical Years to Graduate:4Average Loan Amount:$29,200
Rank:7School Name:20 Year Net ROI:$448,000Total 4 Year Cost:$114,000Graduation Rate:81%Typical Years to Graduate:4Average Loan Amount:$31,200
Rank:8School Name:20 Year Net ROI:$356,000Total 4 Year Cost:$93,400Graduation Rate:47%Typical Years to Graduate:5Average Loan Amount:$29,400
Rank:9School Name:20 Year Net ROI:$355,000Total 4 Year Cost:$102,000Graduation Rate:57%Typical Years to Graduate:5Average Loan Amount:$23,200
Rank:10School Name:20 Year Net ROI:$349,000Total 4 Year Cost:$213,000Graduation Rate:81%Typical Years to Graduate:4Average Loan Amount:$31,200

Kettering University in Flint is a private college that was founded in 1919 as The School of Automotive Trades, but was also known as the General Motors Institute for many years. Even though the school doesn’t only focus on the automotive industry, it focuses almost exclusively on science, technology, engineering, math and business subjects, so it is no wonder that Kettering alumni go on to earn such high salaries and see such great ROIs after they graduate. Many CEOs of car companies, especially General Motors, are Kettering alumni.

The University of Michigan, Ann Arbor is not only the biggest college in the state, with a student body of more than 43,000 students, but it is also earns a place as one of the best value colleges in Michigan. The University of Michigan is the alma mater of President Gerald Ford, Google cofounder Larry Page, playwright Arthur Miller and actor James Earl Jones.

Rounding out the very top of the list of best value schools in Michigan is Lawrence Technological University. Another private, tech-heavy school, Lawrence offers almost exclusively STEM majors, including engineering, architecture and design, science and business management — no wonder the Blue Devils get such a good bang for their educational buck.