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Public · 4-year

Michigan State University

East Lansing, Michigan

62
C
DR Rating
DegreeReturn Rating — Fair value

A 0–100 composite of ROI, graduate earnings, net price, debt and graduation rate. How it’s scored.

Strong return
+$125,648 over 10 years

Estimated for a typical student paying the average net price over 4 years.

Graduate earnings clearly outpace the cost and debt — this degree pays back quickly.

4.1 yrs
Break-even
+144%
10-year ROI
$66,284
Median earnings as of 2024
82% of Michigan State University students earn more than a typical U.S. high-school graduate (about $28,000/yr) ten years after starting — measured from IRS tax records, not surveys.

The numbers behind the verdict

$19,680
Average net price / yr as of 2024
$66,284
Median earnings (5 yr) as of 2024
$47,202
Median earnings (1 yr) as of 2024
$23,250
Median debt at graduation as of 2024
81%
Graduation rate as of 2024
82%
Earn more than a HS grad as of 2024
75%
Repaying their loans (3 yr) as of 2024
90%
Retention rate as of 2024

Lifetime ROI: the long view

Cumulative net gain over a high-school-only earner at different career lengths, with tuition and debt interest already subtracted. Built on IRS-verified federal earnings — not self-reported surveys.

$125,648
After 10 years
$338,488
After 20 years
$551,328
After 30 years
$764,168
After 40 years

Conservative: holds year-5 earnings flat (no raises). Adjust the assumptions, or see the highest 20-year ROI colleges.

Equity & access

Who the college serves and whether the payoff reaches everyone — earnings ten years after starting (IRS-linked), with access measures from federal enrollment data.

By gender
Women
$62,308
Men
$75,264

17% gap between the two groups

By family-income background
From lower-income families
$60,132
From higher-income families
$72,723

17% gap between the two groups

By student status (FAFSA)
Dependent students
$67,553
Independent students
$61,738

9% gap between the two groups

21%
First-generation students
34%
Take federal student loans
93%
Born in the U.S.
Who studies here
White 67%Hispanic 7%Asian 8%Black 7%Other 12%

Undergraduate enrollment by race/ethnicity. Federal data does not report earnings by race.

Net price by family income

What students actually pay after grants and scholarships, by household income as of 2024.

Family incomeAverage net price / yr
Family income $0–$30k$7,068
$30k–$48k$10,830
$48k–$75k$16,521
$75k–$110k$22,703
$110k+$28,546

How Michigan State University compares

This college against the Michigan and national averages — higher earnings and lower cost/debt are better.

Graduate earnings over time

Median earnings of Michigan State University students 10 years after entering, by cohort year as of 2024.

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Best-paying majors at Michigan State University

Fields of study ranked by their own ROI — earnings five years after graduating against the cost and debt. Click a major for the deep dive.

MajorCredentialEarnings (5 yr)Median debt10-yr ROIVerdict
Educational Administration and SupervisionMaster's$97,048+1,222%Strong return
Computer and Information Sciences, GeneralAssociate's$105,539$22,500+1,173%Strong return
Electrical, Electronics, and Communications EngineeringAssociate's$102,673$22,500+1,113%Strong return
Construction Engineering Technology/TechnicianAssociate's$103,264$25,250+1,100%Strong return
Computer EngineeringAssociate's$101,837$23,000+1,091%Strong return
Finance and Financial Management ServicesAssociate's$99,263$22,500+1,041%Strong return
Mechanical EngineeringAssociate's$99,381$23,250+1,037%Strong return
Business/Commerce, GeneralCertificate$162,832$78,686+997%Strong return
Engineering, GeneralAssociate's$96,847$22,250+992%Strong return
Engineering-Related FieldsAssociate's$96,014$23,375+966%Strong return
Materials EngineeringAssociate's$95,671$24,385+950%Strong return
Chemical EngineeringAssociate's$95,843$25,314+947%Strong return
Electrical, Electronics, and Communications EngineeringCertificate$126,212+932%Strong return
StatisticsAssociate's$94,328$23,625+928%Strong return
Accounting and Related ServicesAssociate's$91,024$22,500+868%Strong return
MedicineDoctoral$208,932$251,502+862%Strong return
Business Administration, Management and OperationsAssociate's$90,299$21,500+860%Strong return
MarketingAssociate's$88,000$22,250+806%Strong return
Management Sciences and Quantitative MethodsCertificate$124,994$30,375+791%Strong return
Educational Administration and SupervisionDoctoral$114,920+788%Strong return
Agricultural Business and ManagementCertificate$62,457+787%Strong return
Human Resources Management and ServicesAssociate's$86,826$23,250+774%Strong return
Business Administration, Management and OperationsCertificate$129,236$51,250+765%Strong return
Civil EngineeringAssociate's$87,138$26,500+760%Strong return
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingCertificate$121,949$48,355+699%Strong return

Calculate your own ROI

Adjust the assumptions for your situation — the verdict, break-even and chart update live.

ROI at Michigan State University

Or pick your to set cost

Estimates from federal data; your result will vary. How this works.

10-yr net gain
Break-even
10-yr ROI

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Admissions & profile

85%
Admission rate
1,269
Average SAT
26
Median ACT
40,922
Undergraduates

Location

Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.

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