At $26,409/yr net price, Concordia University Ann Arbor graduates earn $56,075/yr within 10 years of enrollment, which is $22,075/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $26,409 |
| Estimated 4-Year Cost | $105,636 |
| Median Earnings (10yr post-entry) | $56,075/yr |
| Earnings Premium vs. HS Diploma | +$22,075/yr |
| Estimated Break-Even | 4.8 years |
| Graduation Rate (6-year) | 50.0% |
| Median Debt at Graduation | $25,750 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,589/yr |
| $30,001 - $48,000 | $25,585/yr |
| $48,001 - $75,000 | $26,032/yr |
| $75,001 - $110,000 | $26,223/yr |
| $110,001+ | $29,926/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Finance and Financial Management Services. | Master | $72,899 | |
| Business Administration, Management and Operations. | Master | $72,462 | $25,117 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $62,154 | $26,000 |
| Educational Administration and Supervision. | Master | $55,383 | $22,633 |
| Accounting and Related Services. | Bachelor | $52,941 | $27,000 |
| Human Resources Management and Services. | Bachelor | $52,107 | $25,789 |
| Business Administration, Management and Operations. | Bachelor | $51,106 | $26,000 |
| Curriculum and Instruction. | Master | $50,995 | $24,113 |
| Computer Science. | Bachelor | $50,856 | |
| Finance and Financial Management Services. | Bachelor | $49,631 | $25,260 |
The Risk Factor
50.0% of students at Concordia University Ann Arbor graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Concordia University Ann Arbor delivers mixed financial returns with significant program variation that makes your major choice critical. The $56,075 median earnings after ten years barely justify the $26,409 annual net price, especially given the concerning 50% graduation rate.
Finance and business administration graduates earn over $72,000 annually, creating strong ROI potential for these programs. Nursing also performs well at $62,154, though you'll carry slightly higher debt. These three majors represent your best financial bets at this institution.
Accounting graduates face a troubling disconnect between debt load and earnings, taking home just $52,941 while carrying $27,000 in debt. This program shows poor financial value compared to similar offerings elsewhere.
The 66% retention rate signals academic or financial struggles that could derail your investment. Combined with the graduation rate, roughly half of students either transfer or never finish their degrees.
You face particular risk if you're unsure about your major or considering lower-earning programs. The school's Lutheran affiliation may limit your networking opportunities compared to larger regional universities, though it could provide strong alumni connections within faith-based organizations.
Only 24% of students receive need-based aid, suggesting limited financial assistance for middle-income families. Merit scholarships may be available but aren't widely distributed based on this data.
This school works best if you're committed to finance, business, or nursing and value the smaller Christian environment. Look elsewhere if you need extensive financial aid, want broader program options, or prefer higher graduation rates that protect your investment.
Frequently Asked Questions
Is Concordia University Ann Arbor worth the cost?
Concordia University Ann Arbor's return on investment depends heavily on your major. Finance and business programs show strong earnings potential at around $72,000, but the 50% graduation rate and $26,409 annual cost create significant risk for students who don't complete their degree.
What are the best paying majors at Concordia University Ann Arbor?
Finance ($72,899) and Business Administration ($72,462) offer the highest earning potential at Concordia University Ann Arbor. Nursing graduates earn around $62,154, while education and accounting majors see lower returns at $55,383 and $52,941 respectively.
How much debt do Concordia University Ann Arbor graduates have?
Concordia University Ann Arbor graduates carry a median debt of $25,750, which is manageable for high-earning majors like finance and business. However, with only half of students graduating, many may leave with debt but no degree.
Does Concordia University Ann Arbor have good job outcomes?
Concordia University Ann Arbor graduates earn $56,075 ten years after enrollment, which is reasonable given the school's cost. The 50% graduation rate is concerning and suggests many students struggle to complete their programs successfully.