Four years after completing a degree, federally aided graduates who are working and not enrolled earn a median of $68,551, in the 74th percentile. That is $2,941 above the $65,610 median for comparable institutions (same type and size).
Graduates earn about $15,049 more than the model expects for similar students. That places the gap at the 92nd percentile.
The part the model attributes to the factors it measures adds $9,864. The part it attributes to a remainder it does not explain adds $5,185.
Azimuth places the return pillar at the 83rd percentile among nonprofit four-year institutions.
The median earnings four years after completion for Wayne State University is $68,551, measured among 4,585 federally aided completers who are working and not enrolled. That median sits above the $65,610 median at comparable institutions (same type and size) by $2,941, which places it in the 74th percentile among nonprofit four-year institutions.
Graduates of the university earn about $15,049 more than the model expects for similar students, a result in the 92nd percentile among nonprofit four-year institutions. Earnings scenarios tied to the university's program mix stretch from $47,775 on the downside to $90,428 on the upside, while a typical scenario lands at $68,551.
Using program mix rather than observed enrollment, the model estimates that 28.2% of programs' graduates continue on to graduate study.
Four years after completion, Wayne State University completers earn a median of $68,551, which places the university in the 74th percentile nationally. That figure is above the median of $65,610 for comparable institutions (same type and size) by $2,941.
Completers earn about $15,049 more than the model expects for similar students, a result in the 92nd percentile. The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $9,864.
The part it attributes to a remainder it does not explain adds $5,185. Within the measured factors, the STEM component adds $1,870.
Azimuth ranks the university #246 for return on investment among nonprofit four-year institutions. Earnings scenarios grounded in the program mix show a downside of $47,775 and an upside of $90,428.
The largest bachelor's program, Psychology, awarded 331 degrees and shows median earnings of $52,435 four years after completion, ranking #127 nationally in its field. International Business is the highest-earning large program, with 212 degrees awarded and median earnings of $79,882, good for a national rank of #11 and the top spot in Michigan.
The university also fields a high-return program in Health Professions and Related Clinical Sciences, where completers earn $92,707, or 1.36x the national median for the field. The program ranks #1 nationally.
Biomedical Engineering completers earn $106,048, the highest median at the university, with 18 degrees awarded.
Earnings scenarios, estimated from the university's program mix, range from a downside of $47,775 to an upside of $90,428, with a typical scenario of $68,551. These are not observed groups of graduates but estimates of what the mix of programs can yield.
The highest-earning program is Biomedical Engineering, where graduates earn a median of $106,048 four years after completion, from 18 degrees awarded a year. Computer and Information Sciences follows at $104,630 with 164 degrees awarded, and Industrial Engineering at $101,990 from 16 degrees awarded.
Graduates of Wayne State University earn about $15,049 more than the model expects for similar students. The median federal student debt at completion is $21,250, which is above the median of $20,076 for comparable institutions (same type and size).
If repaid over ten years, the estimated monthly payment is $242. The university's average net price of $12,766 is below the peer median of $15,634.
For families earning under $30,000, the average net price is $11,090, and the spread between the lowest and highest income bands is $8,772. Parent PLUS borrowing, a separate population from student borrowers, carries a median of $16,378.
Higher-than-expected earnings coincide with an average net price below the peer median, a combination that shows the university's strength in economic mobility.