Degree Dividend
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University of Michigan-Ann Arbor vs Wayne State University: which has better ROI?

Public, Ann Arbor MI · vs · Public, Detroit MI

The verdict

University of Michigan-Ann Arbor has the better ROI: it clears its 4-year net cost of $52,552 in 1.5 years versus 9.9 years at Wayne State University, on median earnings of $83,648 vs $53,493 ten years out. (Scorecard, 2026 · our math.)

Head to head
MeasureUniversity of Michigan-Ann ArborWayne State University
Net price / yr$13,138$12,766
Total net cost$52,552$51,064
Median earnings, 10 yrs$83,648$53,493
Median debt$19,500$21,250
Payback1.5 yrs9.9 yrs
20-year net return$653,208$51,596

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.