2022 Best Value Medicine Schools in Michigan For Those Making $30-$48k
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Medicine Schools in Michigan For Those Making $30-$48k” ranking - to help you make that decision.
In 2019-2020, 27,562 people earned their degree in medicine, making the major the 54th most popular in the United States. 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 $30-$48k” ranking analyzed 5 colleges that offered a degree in medicine. The schools that top this list are recognized because they have great medicine programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the medicine program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Medicine Schools in Michigan For Those Making $30-$48k” list to help you make the college decision.
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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Medicine Schools in Michigan For Those Making $30-$48k
The following schools top our list of the Best Best Value Medicine Schools in Michigan For Those Making $30-$48k.
Top 5 Best Value Colleges for Medicine (Income $30-$48k) 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 $30-$48k list. This large school is located in Ann Arbor, Michigan, and it awarded 173 ’s medicine degrees in 2019-2020.
U-M also made our “Best Medicine Schools in Michigan” list, coming in at #1. The yearly cost to attend University of Michigan - Ann Arbor is $5,887 for Michigan Medicine students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #2 for the Best Value Medicine Schools in Michigan For Those Making $30-$48k. Located in Rochester Hills, Michigan, this fairly large public school handed out 111 degrees to qualified ’s medicine students in 2019-2020.
Oakland did well in our major quality rankings, too. It placed #4 on our “Best Medicine Schools in Michigan” list. It costs about $7,751 for michigan medicine students whose families make $30-$48k per year to attend Oakland.
You’ll join some of the best and brightest minds around if you attend Wayne State University. The school came in at #3 for the Best Value Medicine Schools in Michigan For Those Making $30-$48k. Wayne State is a large school located in Detroit, Michigan that handed out 272 ’s medicine degrees in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #3 on our “Best Medicine Schools in Michigan” list. It costs about $11,554 for Michigan Medicine students whose families make $30-$48k per year to attend Wayne State.
You’ll be in good company if you decide to attend Michigan State University. It ranked #4 on our 2022 Best Value Medicine Schools in Michigan For Those Making $30-$48k list. Michigan State University is a large school located in East Lansing, Michigan that handed out 516 ’s medicine degrees in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #2 on our “Best Medicine Schools in Michigan” list. It costs about $15,197 for Michigan Medicine students whose families make $30-$48k per year to attend Michigan State University.
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%.
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 $30-$48k list. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 98 ’s degrees in 2019-2020.
In addition to being on our michigan medicine students whose families make $30-$48k list, Central Michigan has also earned the #5 rank in our “Best Medicine Schools in Michigan” ranking. The yearly cost to attend Central Michigan is $12,127 for michigan medicine students whose families make $30-$48k.
- Best Value Colleges for Medicine (Income $30-$48k) in the Great Lakes Region
- Best Value Colleges for Medicine (Income $30-$48k)
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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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