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90.1%Acceptance
$14,694Tuition
12,450Students
57%Grad Rate (6-yr)
$58,612Earnings
#17 in MichiganPublic4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24
Return on Investment: Strong

At $13,584/yr net price, Oakland University graduates earn $58,612/yr within 10 years of enrollment, which is $24,612/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Oakland University
Metric Value
Average Net Price (per year) $13,584
Estimated 4-Year Cost $54,336
Median Earnings (10yr post-entry) $58,612/yr
Earnings Premium vs. HS Diploma +$24,612/yr
Estimated Break-Even 2.2 years
Graduation Rate (6-year) 56.9%
Median Debt at Graduation $22,750

What You'll Actually Pay

Average net price by family income

Net price by family income for Oakland University
Family Income Estimated Net Price
$0 - $30,000 $9,004/yr
$30,001 - $48,000 $8,807/yr
$48,001 - $75,000 $12,229/yr
$75,001 - $110,000 $18,508/yr
$110,001+ $22,034/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Oakland University
Program Level Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Master $104,510 $44,928
Engineering-Related Fields. Master $103,078
Electrical, Electronics and Communications Engineering. Master $103,078
Mechanical Engineering. Master $96,829
Business Administration, Management and Operations. Master $89,412 $25,785
Educational Administration and Supervision. Doctoral $80,858 $37,444
Computer/Information Technology Administration and Management. Master $80,391
Electrical, Electronics and Communications Engineering. Bachelor $78,488 $25,971
Mechanical Engineering. Bachelor $76,962 $21,500
Computer Engineering. Bachelor $76,460 $25,783

The Risk Factor

Completion Risk: Elevated Risk

56.9% of students at Oakland University 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

Oakland University gives you a solid financial return if you pick the right major, and a mediocre one if you don't. Median debt sits below the earnings you'd expect a decade out, so the typical graduate isn't drowning. But the median earnings figure hides a wide gap between engineering and everything else.

The three engineering programs , electrical, mechanical, and computer , are where the money is. Each pays around $76,000 to $78,000 ten years out, and mechanical engineering does it while carrying the lowest debt of the group. Computer and information sciences and nursing pay well too, though nursing graduates earn roughly $17,000 less than electrical engineers while borrowing about $5,000 less. If you're aiming for one of these five fields, Oakland pays off clearly.

The risk is Oakland's 56.9% graduation rate. Nearly half of students don't finish in the measured window, and a quarter don't return after their first year. Debt without a degree is the worst outcome here, and those odds are real at this school. The engineering salaries only matter if you actually complete the program.

The net price tiers reward lower-income families. If your family earns under $48,000, you pay under $9,000 a year. Cross into the $75,000-$110,000 band and your price roughly doubles to over $18,000, and above $110,000 you pay the most. Middle and upper-middle income families should compare Oakland's cost against in-state alternatives carefully, because the aid advantage thins out fast as income rises.

Oakland is a good fit if you're committed to engineering, computer science, or nursing and come from a lower-income household. If you're pursuing a lower-paying major, uncertain about finishing, or paying full price in a higher income bracket, the return gets thin and you should look at other options.

Frequently Asked Questions

Is Oakland University worth the cost compared to other Michigan schools?

Oakland University offers reasonable value with a net price of $13,584 and graduates earning $58,612 after 10 years. However, the 57% graduation rate is concerning and means many students don't finish their degree.

What are the best paying majors at Oakland University?

Nursing programs at Oakland University lead to strong earnings around $104,510, while engineering fields pay $96,000-$103,000. Business graduates earn a more modest $89,412, which may not justify the debt for some students.

How much debt do Oakland University graduates typically have?

Oakland University graduates carry a median debt of $22,750, which is manageable for nursing and engineering majors but creates financial strain for lower-paying degree programs.

Does Oakland University have good job placement after graduation?

Oakland University graduates earn $58,612 ten years after enrollment, which is solid for the region. The school's strength lies in healthcare and engineering programs, but outcomes vary significantly by major.