by our College Data Analytics TeamIs U-M worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.
U-M is ranked #854 out of 3,211 schools for value nationwide, earning a value grade of F. Within Michigan, it ranks #28 of 77 for value.
These U-M majors earned the highest value rankings from College Factual.
| Major | National Value Rank |
|---|---|
| Engineering & Applied Physics | #1 of 18 |
| Engineering Physics | #1 of 18 |
| Engineering | #1 of 18 |
| Latin American & Caribbean Studies | #1 of 7 |
| Bachelor's Degree | #1 of 1 |
| Ethnic, Culture, & Gender Studies (Other) | #1 of 1 |
| Political and Social Sciences | #1 of 1 |
| German Language & Literature | #1 of 5 |
| Germanic Languages | #1 of 5 |
| Foreign Language | #1 of 5 |
Read the full U-M value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
University of Michigan-Ann Arbor is ranked #1 out of #80 in Michigan for quality and #28 out of #77 for Michigan value.
Live in-state? You may qualify for a reduced price. Check the U-M financial aid page to be sure.
University of Michigan-Ann Arbor is ranked #854 out of 3,211 for value nationwide.
Based on our analysis of other colleges at similar price points, University of Michigan-Ann Arbor is overpriced for the quality of education it provides.
Averaged across all students — those who receive aid and those who pay full price — a year at U-M costs about $22,821. Over a standard four-year bachelor's program, that adds up to an estimated $91,284 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $34,656 / year |
| Net Price (students receiving aid) | $13,138 / year |
| Average Cost (all students) | $22,821 / year |
| Estimated 4-Year Cost | $91,284 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
There are many ways to lower the cost of a college education. Consider in-state tuition, transfer credits, or finishing your degree faster. Learn more about U-M net price and the factors that affect it.
What U-M costs you depends on how much aid you receive, so few students fit perfectly into averages.
Here is how the estimated 4-year cost of a U-M degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $138,624 | — | — |
| All Students | $91,284 | #854 | F |
| Only Students Receiving Aid | $52,552 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $138,624 | — | — |
| All Students | $91,284 | #28 | C |
| Only Students Receiving Aid | $52,552 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at U-M shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $4,926 |
| $30K–$48K | $5,389 |
| $48K–$75K | $8,756 |
| $75K–$110K | $16,042 |
| Over $110K | $26,787 |
About 55% of U-M undergraduates receive grant or scholarship aid, averaging $25,050 per year. Get more details on the U-M financial aid you may qualify for.
College Factual determines value by weighing a school’s average total cost against its educational quality, then comparing it to other schools in the same quality tier. See the U-M net price page for the cost detail.
Read the full Best for the Money Ranking Methodology.