Is University of Michigan Law School Worth It?
A comprehensive ROI analysis of Michigan Law, including cost of attendance, salary outcomes, employment rates, and career placement data.
Key Financial Metrics
Total Cost
$313,628
Median Starting Salary
$215,000
Payback Period
4-5 years
Employment Outcomes
96%
Employment Rate
67%
BigLaw Rate
11%
Public Interest
24%
Clerkship Rate
Full ROI Analysis
University of Michigan Law School offers one of the strongest returns on investment in legal education. With a median starting salary of $215,000 and an employment rate of 96%, graduates consistently recoup their educational investment within five years of graduation.
The school's strong BigLaw placement rate of 67% means most graduates have access to top-tier compensation. Combined with excellent clerkship opportunities and a powerful alumni network in Ann Arbor and beyond, Michigan Law graduates enjoy career flexibility that few other schools can match.
While the total cost of attendance exceeds $313,628, the earning potential and career trajectory make this investment worthwhile for students committed to practicing law at the highest level. Michigan Law's reputation in Michigan and nationally opens doors across every legal sector.
Best For
- BigLaw careers
- National career mobility
Key Considerations
- Total cost of attendance exceeds $313,628
- Moderate cost of living in Ann Arbor
- Highly competitive academic environment
- Smaller local legal market compared to NYC or DC