Best Value Colleges in Michigan

If you are looking for a good value college, Michigan has some great choices.  Read More

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1Kettering University(Private)
20 Year Net ROI$743,000
Total 4 Year Cost$208,000
Grad Rate57%
Time to Graduate5 Years
Loan Amt$41,700
2Michigan Technological University(In-State)
20 Year Net ROI$625,000
Total 4 Year Cost$107,000
Grad Rate64%
Time to Graduate5 Years
Loan Amt$29,300
3Michigan Technological University(Out-of-State)
20 Year Net ROI$565,000
Total 4 Year Cost$167,000
Grad Rate64%
Time to Graduate5 Years
Loan Amt$29,300
4University of Michigan - Ann Arbor(In-State)
20 Year Net ROI$533,000
Total 4 Year Cost$107,000
Grad Rate91%
Time to Graduate4 Years
Loan Amt$24,700
5Lawrence Technological University(Private)
20 Year Net ROI$523,000
Total 4 Year Cost$175,000
Grad Rate44%
Time to Graduate5 Years
Loan Amt$30,100
6University of Michigan - Ann Arbor(Out-of-State)
20 Year Net ROI$421,000
Total 4 Year Cost$218,000
Grad Rate91%
Time to Graduate4 Years
Loan Amt$24,700
7Michigan State University (MSU)(In-State)
20 Year Net ROI$403,000
Total 4 Year Cost$100,000
Grad Rate79%
Time to Graduate4 Years
Loan Amt$28,200
8Oakland University - Rochester Hills, MI(In-State)
20 Year Net ROI$342,000
Total 4 Year Cost$88,900
Grad Rate46%
Time to Graduate5 Years
Loan Amt$22,100
9Ferris State University(In-State)
20 Year Net ROI$320,000
Total 4 Year Cost$88,700
Grad Rate43%
Time to Graduate5 Years
Loan Amt$29,000
10Michigan State University (MSU)(Out-of-State)
20 Year Net ROI$317,000
Total 4 Year Cost$185,000
Grad Rate79%
Time to Graduate4 Years
Loan Amt$28,200
11Wayne State University - Detroit, MI(In-State)
20 Year Net ROI$309,000
Total 4 Year Cost$94,800
Grad Rate34%
Time to Graduate5 Years
Loan Amt$22,900
12Ferris State University(Out-of-State)
20 Year Net ROI$295,000
Total 4 Year Cost$113,000
Grad Rate43%
Time to Graduate5 Years
Loan Amt$29,000
13 (tie)Oakland University - Rochester Hills, MI(Out-of-State)
20 Year Net ROI$289,000
Total 4 Year Cost$141,000
Grad Rate46%
Time to Graduate5 Years
Loan Amt$22,100
13 (tie)Western Michigan University (WMU)(In-State)
20 Year Net ROI$289,000
Total 4 Year Cost$91,400
Grad Rate54%
Time to Graduate5 Years
Loan Amt$30,900
15Baker College - Flint, MI(Private)
20 Year Net ROI$286,000
Total 4 Year Cost$80,800
Grad Rate9%
Time to Graduate5 Years
Loan Amt$20,500

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available.

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.

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.