2022 Best Value Medicine Schools in Michigan For Those Making $0-$30k
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Medicine Schools in Michigan For Those Making $0-$30k” ranking as one item you can use to help make this decision.
Medicine is the 54th most popular major in the country with 27,562 degrees awarded in 2019-2020. In 2017-2018, medicine graduates who were awarded their degree in 2015-2017, earned an average of $54,795 and had an average of $169,628 in loans still to pay off.
Across Michigan, there were 1,240 medicine graduates with average earnings and debt of $54,700 and $185,833 respectively.
This year’s “Best Value Medicine Schools in Michigan For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s in medicine. Not only do the schools that top this list have excellent medicine programs, but they also cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the medicine program at the school. See our ranking methodology to learn more.
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One Size Does Not Fit All
The medicine school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Medicine Schools in Michigan For Those Making $0-$30k”.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Medicine Schools in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Medicine Schools in Michigan For Those Making $0-$30k.
Top 5 Best Value Colleges for Medicine (Income $0-$30k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Medicine Schools in Michigan For Those Making $0-$30k list. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 173 ’s degrees in 2019-2020.
In addition to being on our michigan medicine students whose families make $0-$30k list, U-M has also earned the #1 rank in our “Best Medicine Schools in Michigan” ranking. It costs about $3,166 for michigan medicine students whose families make $0-$30k per year to attend U-M.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The low student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2022 Best Value Medicine Schools in Michigan For Those Making $0-$30k list. Michigan State University is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 516 ’s degrees in 2019-2020.
In addition to being on our michigan medicine students whose families make $0-$30k list, Michigan State has also earned the #2 rank in our “Best Medicine Schools in Michigan” ranking. The yearly cost to attend Michigan State University is $6,686 for Michigan Medicine students whose families make $0-$30k.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Out of the 5 schools in the Best Value Medicine Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Oakland University landed the #3 spot on the list. Oakland is a fairly large school located in Rochester Hills, Michigan that handed out 111 ’s medicine degrees in 2019-2020.
Oakland also made our “Best Medicine Schools in Michigan” list, coming in at #4. It costs about $7,490 for michigan medicine students whose families make $0-$30k per year to attend Oakland University.
You’ll be in good company if you decide to attend Wayne State University. It ranked #4 on our 2022 Best Value Medicine Schools in Michigan For Those Making $0-$30k list. This large school is located in Detroit, Michigan, and it awarded 272 ’s medicine degrees in 2019-2020.
As a testament to the quality of education offered at Wayne State, the school also landed the #3 spot in our “Best Medicine Schools in Michigan” ranking. The estimated yearly cost for Wayne State is $11,413 for Michigan Medicine students whose families make $0-$30k.
You’ll be in good company if you decide to attend Central Michigan University. It ranked #5 on our 2022 Best Value Medicine Schools in Michigan For Those Making $0-$30k list. Located in Mount Pleasant, Michigan, this fairly large public school awarded 98 diplomas to qualified ’s medicine students in 2019-2020.
In addition to being on our michigan medicine students whose families make $0-$30k list, Central Michigan has also earned the #5 rank in our “Best Medicine Schools in Michigan” ranking. It costs about $11,598 for michigan medicine students whose families make $0-$30k per year to attend Central Michigan University.
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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