U.S. median for this major: $96,510.
College Scorecard field of study; 113 graduates with earnings reported
Median for graduates who received federal aid.
College Scorecard field of study
About 19% of median earnings 4 years out. U.S. median $25,000.
College Scorecard field of study (federal loans)
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $34,654. College Scorecard.
University of Michigan-Ann Arbor Aerospace, Aeronautical, and Astronautical / Space Engineering: pay against the field, and payback
Same major, other colleges
Fewer than 3 Michigan colleges report earnings for this major, so there is no state median.
Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.
Cost to finish and years to pay back, by income
Uses University of Michigan-Ann Arbor's school-wide net price (no college reports it by major) and this major's graduate earnings.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $1,043 | $4,308 | under 1 year |
| $30–48k | $1,878 | $7,756 | under 1 year |
| $48–75k | $4,895 | $20,216 | under 1 year |
| $75–110k | $10,869 | $44,889 | under 1 year |
| $110k+ | $26,517 | $109,515 | 1.3 years |
Cost to finish = yearly price × 4.1 years, the average time graduates took (82% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Aerospace, Aeronautical, and Astronautical / Space Engineering graduates 4 years after graduating ($115,075) minus $33,411 for high school graduates ages 25-34 in MI (Census ACS 2020-2024), a gain of $81,664 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.
Aerospace, Aeronautical, and Astronautical / Space Engineering at Michigan colleges
Every Michigan college we cover that reports Aerospace, Aeronautical, and Astronautical / Space Engineering graduate earnings, highest first. Net price is the school-wide average after grants.
| Rank | College | Earnings, 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|---|
| 1 | University of Michigan-Ann Arbor | $115,075 | $21,603 | $13,138 | 93% |
| 2 | Western Michigan University | $94,177 | $28,021 | $15,273 | 58% |
Careers for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates
Aerospace engineer
Median annual wage, all workers. U.S. jobs +8.3% by 2035. Typical entry: bachelor's degree.
Architectural and Engineering Managers
Median annual wage, all workers. U.S. jobs +5.5% by 2035. Typical entry: bachelor's degree.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.
What families pay at University of Michigan-Ann Arbor, by income
School-wide average after grants for students receiving federal aid. Tap your band.
College Scorecard
About University of Michigan-Ann Arbor
- Acceptance rate: 16% · admissions
- Graduation rate: 93% within 6 years
- Median earnings, all majors, 10 years after starting: $83,648
- Full cost breakdown · all 88 majors · overview
Related majors at University of Michigan-Ann Arbor
- Mechanical Engineering$105,888
- Electrical Engineering$117,610
- Civil Engineering$89,165
- Engineering—
- Industrial Engineering$117,930
- Environmental Engineering$84,973
University of Michigan-Ann Arbor Aerospace, Aeronautical, and Astronautical / Space Engineering questions
How much do University of Michigan-Ann Arbor Aerospace, Aeronautical, and Astronautical / Space Engineering graduates earn?
Aerospace, Aeronautical, and Astronautical / Space Engineering graduates of University of Michigan-Ann Arbor earn a median $115,075 four years after graduating and $80,225 one year after. The U.S. median for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates across 59 colleges is $96,510.
How much debt do University of Michigan-Ann Arbor Aerospace, Aeronautical, and Astronautical / Space Engineering graduates have?
The median federal loan debt for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates of University of Michigan-Ann Arbor is $21,603, about 19% of their median earnings four years out. Nationally the median is $25,000.
Where does University of Michigan-Ann Arbor rank for Aerospace, Aeronautical, and Astronautical / Space Engineering in Michigan?
Of 2 Michigan colleges reporting Aerospace, Aeronautical, and Astronautical / Space Engineering graduate earnings, University of Michigan-Ann Arbor ranks 1st, the highest.
What jobs do Aerospace, Aeronautical, and Astronautical / Space Engineering graduates get?
A common career is aerospace engineer, with a median wage of $102,290 in the Ann Arbor, MI area and $134,960 nationally. Others include architectural and engineering managers.
Is University of Michigan-Ann Arbor the right fit for your family?
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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
Data: JSON · Markdown · all datasets
Cite this: “University of Michigan-Ann Arbor Aerospace, Aeronautical, and Astronautical / Space Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/university-of-michigan-ann-arbor/majors/aerospace-aeronautical-and-astronautical-space-engineering (College Scorecard and BLS data).