President Barack Obama announced the scorecard earlier this month. The scorecard aims to provide comprehensive, user-friendly data to high school students and their parents as they search for and select a college. In his weekly address, the president said, “Everyone should be able to find clear, reliable, open data on college affordability and value—like whether they’re likely to graduate, find good jobs and pay off their loans.”
UM-Dearborn’s scorecard shows an average annual net price for in-state, undergraduate students of $9,800 per year. The cost is the lowest among Michigan’s 15 public universities and below the national average of $16,789 per year.
The scorecard also highlights an average alumni salary of $47,400 ten years after enrolling at the university. The salary is higher than the national average of $34,343 and is fourth among Michigan’s public universities—behind only Michigan Tech University, U-M Ann Arbor and Michigan State University.
Additional information on the scorecard includes retention and graduation rate (UM-Dearborn is above the national average in both categories), graduate debt and repayment of debt, student body demographics and academic programs.
