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2022 Best Value Medicine Schools in Michigan For Those Making $48-$75k

5 Ranked Colleges
1,240 Degrees Awarded
Best Value Medicine Schools in Michigan For Those Making $48-$75k

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Medicine Schools in Michigan For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

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.

For this year’s “Best Value Medicine Schools in Michigan For Those Making $48-$75k” ranking, we looked at 5 colleges that offer 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Medicine Schools in Michigan For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to 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 $48-$75k

The colleges and universities below are the best for michigan medicine students whose families make $48-$75k.

Top 5 Best Value Colleges for Medicine (Income $48-$75k) 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 $48-$75k list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 173 ’s medicine degrees to qualified students.

U-M did well in our major quality rankings, too. It placed #1 on our “Best Medicine Schools in Michigan” list. The yearly cost to attend University of Michigan - Ann Arbor is $10,028 for michigan medicine students whose families make $48-$75k.

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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.

Read full report on Medicine at U-M

#2

Oakland University

Rochester Hills, Michigan

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 $48-$75k. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 111 ’s medicine degrees in 2019-2020.

Oakland did well in our major quality rankings, too. It placed #4 on our “Best Medicine Schools in Michigan” list. The yearly cost to attend Oakland is $10,387 for michigan medicine students whose families make $48-$75k.

Read more about Medicine at Oakland

#3

Wayne State University

Detroit, Michigan

You’ll be in good company if you decide to attend Wayne State University. It ranked #3 on our 2022 Best Value Medicine Schools in Michigan For Those Making $48-$75k list. Located in Detroit, Michigan, this large public school awarded 272 diplomas to qualified ’s medicine students in 2019-2020.

In addition to being on our michigan medicine students whose families make $48-$75k list, Wayne State has also earned the #3 rank in our “Best Medicine Schools in Michigan” ranking. It costs about $13,668 for michigan medicine students whose families make $48-$75k per year to attend Wayne State.

Read full report on Medicine at Wayne State

#4

Central Michigan University

Mount Pleasant, Michigan

You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #4 for the Best Value Medicine Schools in Michigan For Those Making $48-$75k. Central Michigan is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 98 ’s medicine degrees in 2019-2020.

As a testament to the quality of education offered at Central Michigan, the school also landed the #5 spot in our “Best Medicine Schools in Michigan” ranking. The estimated yearly cost for Central Michigan is $14,591 for Michigan Medicine students whose families make $48-$75k.

Full Central Michigan University Medicine Report

#5

Michigan State University

East Lansing, Michigan

You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #5 for the Best Value Medicine Schools in Michigan For Those Making $48-$75k. This large school is located in East Lansing, Michigan, and it awarded 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. The yearly cost to attend Michigan State University is $20,696 for Michigan Medicine students whose families make $48-$75k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Full Michigan State University Medicine Report

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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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