Best Doctoral Degree Programs at University of Michigan-Ann Arbor by ROI

Every Doctoral Degree major at University of Michigan-Ann Arbor ranked by estimated 20-year net return on investment. Data from the U.S. Department of Education College Scorecard.

Bachelor's Degree Post-baccalaureate Certificate Master's Degree Doctoral Degree

Programs Analyzed

4

Majors with salary data

Average 20-Yr Net ROI

+$805,930

Across all programs

Average Annual Cost

$33,345

Cost of attendance

# Major 20-Yr Net ROI Median Salary Annual Cost Avg Debt
1 Aerospace, Aeronautical and Astronautical Engineering.

Grad rate: 93.2%

+$1,354,320 $116,385 $33,345 $0 Full ROI →
2 Research and Experimental Psychology.

Grad rate: 93.2%

+$1,067,340 $102,036 $33,345 $0 Full ROI →
3 Chemistry.

Grad rate: 93.2%

+$709,800 $84,159 $33,345 $0 Full ROI →
4 Music.

Grad rate: 93.2%

+$92,260 $53,282 $33,345 $0 Full ROI →

How ROI is calculated

20-Year Net ROI = Gross Earnings (salary × 20) − Total Degree Cost − Debt Payoff (×1.35) − Baseline Opportunity Cost ($42,000 × 20). Data from the U.S. College Scorecard.