I live in MI and have had several friends go to U of M. I really question that "10 minute commute to work". When college season starts AA gets really crowded and commute times lengthen considerably. AA is one of the most expensive cities in MI, but it's still much cheaper than SF / NYC.
Most average developer positions in MI are around 60 - 80k for juniors, 100 - 120k for seniors.
This position might be great for someone who wants to complete a master's program, oftentimes colleges will offer free tuition as part of your comp.