Central Michigan University Value of an Education

Is Central Michigan Worth the Price?

Will you be over or underpaying for your education? Find the educational value of an education from Central Michigan below.

Within Michigan, Central Michigan University is Considered an Average Quality College at a Great Price.

Central Michigan University's overall average net price combined with an average quality education, results in a great value for the money when compared to other colleges and universities in Michigan. This lands Central Michigan University in the #2 slot on our ranking of Best Colleges for the Money in Michigan.

Nationally, Not Often You See Such a Great Education for Such a Bargain

Central Michigan University's educational quality places it squarely in the middle of our nationwide Best Colleges ranking. However, the school's overall net price is low when compared to other colleges and universities that deliver comparable educational quality. This has earned Central Michigan a ranking of #82 on the Best Colleges for the Money list, placing it in the top 20% of college values across the country.

The following graphic shows how the cost of obtaining a degree at Central Michigan University compares to other similar quality colleges nationwide.

Underpriced	Best	$85,323 - Ouachita Baptist University $94,494 - Central Michigan University
	Good	$125,214 - Bloomsburg University of Pennsylvania
Average	Fair	$133,336 - Warren Wilson College
	Low	$147,235 - The King's College
Overpriced	Poor	$151,056 - Georgia College & State University $154,810 - College of Our Lady of the Elms $170,188 - Cedar Crest College $175,193 - Saint Joseph's College of Maine $182,258 - Shenandoah University $200,317 - Woodbury University

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And the Grand Total Comes To: $94,494

On average, a bachelor's degree at Central Michigan University will cost you about $94,494. This is based on an average price (with and without aid) of $19,902 per year and an average of 4.7 years to graduate.

	Amount
Average Yearly Cost	$19,902
Average Years to Graduate	4.7
Estimated Average Total Cost of Degree	$94,494

Many Factors Affect Net Price.

How does the location of this school affect cost? You can save money by going to a school in-state, living at home or living off-campus with a roommate. Please see the net price page for additional factors, such as your family's income, that can influence the price you will pay for college.

What are Residency Discounts?

You can take a look at our tuition and fees page to find out more.

Is it Worth it For You? Dollar Amount Varies

The overall price of a college may vary greatly depending on your individual circumstances, thus affecting its value. Most students will not pay the full sticker price and few students fit perfectly into 'averages'. To get a sense of how value for your educational dollar might vary based on individual circumstances, look at the table below to determine your likely cost of a bachelor's degree at Central Michigan University. Now compare this value metric for each college you are interested in.

Nationwide Value by Aid Group	Avg Total Degree Cost	Affordability Rank	Value Grade
Students Receiving no Aid	$146,100	478	A-
All Students (With and Without Aid)	$94,494	255	A+
Only Students Receiving Aid	$76,362	167	A+

In-State Value by Aid Group	Avg Total Degree Cost	Affordability Rank	Value Grade
Students Receiving no Aid	$109,627	7	A-
All Students (With and Without Aid)	$58,020	1	A+
Only Students Receiving Aid	$39,888	1	A

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Michigan.

What is Value?

We calculate value by calculating average total cost (net price multiplied by time to graduation) and then compare that number to other schools of similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full methodology article for more.

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