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University of Michigan-Dearborn stands out among Michigan's psychology programs with a net price of just $10,904, nearly $2,000 below its closest competitor. This affordability advantage comes with strong earning potential, as graduates earn $29,219 annually, ranking among the top five programs for post-graduation income. The $7,000+ gap between the cheapest and most expensive options reflects Michigan's mix of public universities and private colleges serving different student populations. Psychology graduates find opportunities throughout Michigan's evolving economy, particularly in healthcare systems serving the Detroit metropolitan area and corporate wellness programs within the state's major automotive companies. With the Michigan Achievement Scholarship providing up to $5,500 for in-state students, many programs become even more accessible. Graduation rates vary significantly across these 15 schools, from Baker College's 31.3% to Michigan Technological University's impressive 68.7%, suggesting students should consider both cost and completion likelihood when choosing their path into Michigan's growing mental health and human services sectors.
35
Programs
$10,904 – $33,995
Net Price Range
$27,731
Avg. Program Earnings
57.1%
Avg. Graduation Rate

35 Psychology, General Programs

Program rankings
# School Net Price In-State Tuition Graduation Rate Acceptance Rate
1 $10,904 $14,944 56.6% 54.1%
2 $12,202 $13,630 47.9% 87.9%
3 $12,280 $14,014 44.6% 66.4%
4 $13,584 $14,694 56.9% 90.1%
5 $13,996 $14,992 42.9% 99.7%
6 $14,368 $14,266 56.9% 76.9%
7 $14,582 $12,240 53.8% 76.4%
8 $14,773 $14,297 56.5% 75.3%
9 $15,171 $12,810 31.3% 36.7%
10 $15,729 $18,392 68.7% 93.7%
11 $16,041 $14,190 61.8% 79.0%
12 $16,179 $32,300 68.1% 90.5%
13 $16,882 $55,746 57.1% 66.5%
14 $17,084 $15,510 45.5% 83.2%
15 $17,096 $14,628 68.6% 90.4%
16 $17,185 $29,778 51.1% 65.0%
17 $17,485 $13,304 50.8% 70.6%
18 $17,815 $27,360 58.1% 64.8%
19 $18,597 $33,710 65.9% 91.3%
20 $18,700 $19,990 25.9%
21 $18,701 $15,298 57.8% 84.6%
22 $18,873 $58,764 81.7% 79.3%
23 $18,902 $38,520 62.5% 90.8%
24 $19,245 $27,938 41.4% 71.4%
25 $20,751 $15,988 82.2% 88.0%
26 $20,899 $32,580 59.9% 47.3%
27 $21,158 $33,076 37.0% 84.6%
28 $21,504 $40,556 56.0% 69.1%
29 $22,384 $29,100 61.6% 81.8%
30 $24,663 $47,430 63.7% 64.7%
31 $24,783 $38,670 77.4% 74.2%
32 $25,749 $40,420 82.3% 80.5%
33 $26,409 $34,200 50.0% 70.2%
34 $28,458 $26,390 53.6% 75.7%
35 $33,995 $41,872 62.6% 81.9%

Frequently Asked Questions

What makes University of Michigan-Dearborn the most affordable psychology program in Michigan?

The program costs $10,904 net annually, nearly $2,000 less than Ferris State University at $12,202. This represents strong value considering graduates earn $29,219 yearly, placing it in the top tier for earning potential. The school maintains a 56.6% graduation rate while accepting 54.1% of applicants, indicating selective admission standards that support student success.

How do graduation rates vary among Michigan's cheapest psychology programs?

Completion rates span from Baker College's concerning 31.3% to Michigan Technological University's strong 68.7%. Grand Valley State University and University of Detroit Mercy both achieve graduation rates above 68%, while several programs hover around 45-47%. Students should weigh these completion statistics against net costs when evaluating their options.

Does attending a private psychology program in Michigan justify the higher costs?

Private options like Albion College charge $55,746 in tuition but offer net costs of $16,882 through financial aid. University of Detroit Mercy graduates carry just $19,500 in debt despite the $32,300 sticker price. However, public alternatives like Wayne State University provide similar earning potential at $30,818 annually for just $14,773 net cost.

What earning potential can psychology graduates expect in Michigan?

Early career salaries range from $21,508 at Michigan Technological University to $30,818 at Wayne State University. Most programs produce graduates earning between $22,000-$30,000 annually, with Central Michigan University ($28,753) and Grand Valley State University ($29,802) showing strong outcomes. These figures reflect opportunities in Michigan's healthcare systems and corporate wellness sectors.

Where do Michigan psychology students graduate with the lowest debt burdens?

University of Detroit Mercy students carry the least debt at $19,500 despite attending a private institution. University of Michigan-Flint follows at $21,500, while Oakland University graduates owe $22,500. Most public programs result in debt between $23,000-$27,000, with Baker College showing the highest burden at $31,829 among reporting schools.

Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.