50

Western Michigan University

Kalamazoo, Michigan · Public · 84.6% acceptance rate

ROI Score: 50/100 · Below Average Value

Western Michigan University

Below Average Value
50
ROI Score
Earnings Premium
67(0.30x)
Payback Period
57(10.8 yr)
Debt / Earnings
21(0.74)
Completion Rate
56(58%)
Repayment Rate
32(67%)

Quick Numbers

In-state tuition + fees$15,252/yr
Out-of-state tuition + fees$19,034/yr
Average net price$15,273/yr
Total 4-year cost (net)$61,092
Median earnings (10yr post-entry)$53,562
Median earnings (6yr post-entry)$35,300
Median debt at graduation$26,188
Estimated monthly loan payment$278
Estimated payback period10.8 years
6-year graduation rate57.6%
Undergraduate enrollment12,568

Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).

Net Price by Family Income

What families actually pay after grants and scholarships, by income bracket.

Family IncomeAvg Net Price/Year
$0 - $30,000$5,263
$30,001 - $48,000$5,734
$48,001 - $75,000$13,833
$75,001 - $110,000$18,307
$110,001+$23,625

Earnings by Major

Top 10 most popular majors at Western Michigan University with available earnings data.

MajorMedian EarningsGrade
Finance and Financial Management$72,353C+
Marketing$71,371C+
Business Administration, Management, and Operations$75,143C+
Air Transportation$89,564D
Accounting$66,666C
Multi/Interdisciplinary Studies, Other$54,597D
Biology$59,249D
Teacher Education, Subject-Specific$49,340C
Psychology$50,655D
Kinesiology and Exercise Science$50,134D

Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.

The Full Financial Picture

The sticker price at Western Michigan University is $15,252/year ($19,034/year out-of-state). But sticker price isn't what most students pay. After grants, scholarships, and financial aid, the average student pays a net price of $15,273/year, or roughly $61,092 over four years.

That net price varies significantly by family income. The lowest-income families (under $30,000/year) pay an average of $5,263/year, while families earning over $110,000 pay $23,625/year.

The median graduate leaves with $26,188 in federal loan debt, translating to an estimated monthly payment of $278 on a standard 10-year repayment plan. Against median earnings of $53,562 ten years out, the debt-to-earnings ratio is 0.74 - within the recommended range but worth monitoring.

How Graduates Do

Earnings

6 years after entry$35,300
+$300 vs. HS grad
10 years after entry$53,562
+$18,562 vs. HS grad
Annual earnings premium$18,562
Over median HS graduate ($35,000)

Loan Repayment

MetricThis SchoolNat'l Avg
1-year repayment61.2%52.0%
3-year repayment67.1%62.0%
5-year repayment62.4%68.0%
7-year repayment71.2%72.0%

Completion Rate

0%National avg: 60.0%100%
57.6%
6-year rate

Admissions Snapshot

Acceptance rate84.6%
Enrollment12,568
Pell Grant recipients26.8%
Avg faculty salary (monthly)$10,830

Compared to Similar Schools

Peer institutions matched by type, size, and selectivity.

SchoolROINet Price10yr Earnings
Western Michigan University (this school)
50
$15,273$53,562
Ball State University
54
$14,940$51,833
Central Michigan University
51
$17,597$55,874
Tarleton State University
49
$20,783$53,040
University of Louisiana at Lafayette
47
$13,530$47,089
Eastern Michigan University
42
$15,407$51,793

The Verdict: Proceed With Caution

Below Average Value

The financial case for Western Michigan University is mixed. At $15,273 per year net cost, graduates earn a median of $53,562 ten years after entry - a payback period of 10.8 years. That's below the average return for four-year institutions, and prospective students should carefully consider whether the investment aligns with their financial goals.

Areas of concern include high debt relative to what graduates earn and concerning loan repayment rates.

Median debt of $26,188 against $53,562 in earnings is reasonable, though major choice matters significantly. Students in higher-earning programs will see better returns.

Rankings & Links

Guides & Tools

Data: College Scorecard API (U.S. Department of Education)

Vintage: 2024-2025 · Last updated: 2026-03-25

Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.