Wayne State University — Detroit, MI

Economics

at Wayne State University · Detroit, MI

Strong Value

Solid pick

The Bottom Line

↑Grads earn about $35,437/yr starting out — that's 18% more than skipping college
⏱Takes about 10.8 years to earn back what you spent
$Students on financial aid pay about $12,766/yr after grants & scholarships (varies by family income) — $58,808 total with loan interest

Listed Price

$27,350/yr

Starting Salary

$35,437

Finish Rate

58.4%

Household Income

$27,350/yr

Full sticker price — tuition, housing, and fees before any aid

Students on financial aid pay $12,766/yr after grants & scholarships (saves $14,584/yr)

4 Years Total

$109,400

Typical Debt

$21,250

Interest You'd Owe

+$7,744

What You'd Really Pay

$58,808

That's about $242/month for 10 years after you graduate

You'd earn (with degree)$354,370

Without college$300,000

Total cost of degree$58,808

Pays for Itself In

10.8 yrs

Salary Boost

+18%

Ahead After 10 Years

$295,562

How We Scored This

Salary vs. Cost40/40

Do you earn enough to justify the price?

Payoff Speed12.8/25

How fast do you earn back what you spent?

Salary Boost2.4/20

How much more than skipping college?

Graduation Rate8.8/15

Will you actually finish?

Data from the U.S. Department of Education. Salaries are what recent grads typically earn — yours could be higher or lower.

Costs can change. These numbers don't adjust for where you live, and only cover students who used federal financial aid. Not financial advice.