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Michigan State University Bachelor’s in Economics

316 Bachelor's Degrees Awarded
$49,410 Average Salary
$26,000 Average Student Debt

Economics is a major offered under the social sciences program of study at Michigan State University. We’ve pulled together some essential information you should know about the bachelor’s degree program in economics, including how many students graduate each year, the ethnic diversity of these students, whether or not the degree is offered online, and more.

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Rankings for the Michigan State Bachelor’s in Economics

#114 in the U.S
#2 in Michigan

Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. The bachelor's program at Michigan State was ranked #114 on College Factual's Best Schools for economics list. It is also ranked #2 in Michigan.

Here are some of the other rankings for Michigan State.

Ranking Type Rank
Most Popular Bachelor’s Degree Colleges for Economics 25
Best Value Doctor’s Degree Colleges for Economics (Income $0-$30k) 33
Most Popular Colleges for Economics 34
Best Value Doctor’s Degree Colleges for Economics (With Aid) 37
Highest Paid Doctor’s Degree Economics Graduates 38
Best Value Master’s Degree Colleges for Economics (Income $0-$30k) 42
Best Value Doctor’s Degree Colleges for Economics (Income Over $110k) 49
Best Economics Doctor’s Degree Schools 51
Best Value Master’s Degree Colleges for Economics (With Aid) 56
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) 60
Best Value Colleges for Economics (Income $0-$30k) 61
Most Popular Doctor’s Degree Colleges for Economics 67
Best Value Doctor’s Degree Colleges for Economics (Income $30-$48k) 69
Best Value Doctor’s Degree Colleges for Economics 71
Best Economics Master’s Degree Schools 73
Best Value Bachelor’s Degree Colleges for Economics (With Aid) 76
Best Value Doctor’s Degree Colleges for Economics (Income $48-$75k) 77
Best Value Colleges for Economics (With Aid) 81
Best Value Doctor’s Degree Colleges for Economics (Income $75-$110k) 82
Highest Paid Master’s Degree Economics Graduates 85
Most Focused Doctor’s Degree Colleges for Economics 97
Best Value Master’s Degree Colleges for Economics (Income Over $110k) 98
Best Economics Doctor’s Degree Colleges for Veterans 101
Best Value Master’s Degree Colleges for Economics (Income $30-$48k) 102
Best Economics Bachelor’s Degree Schools 110
Best Economics Schools 114
Most Popular Master’s Degree Colleges for Economics 124
Best Value Master’s Degree Colleges for Economics (Income $48-$75k) 125
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) 133
Best Value Master’s Degree Colleges for Economics 137
Best Value Colleges for Economics (Income Over $110k) 146
Best Value Master’s Degree Colleges for Economics (Income $75-$110k) 146
Best Economics Master’s Degree Colleges for Veterans 165
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) 175
Most Focused Master’s Degree Colleges for Economics 178
Best Value Colleges for Economics (Income $30-$48k) 186
Most Focused Bachelor’s Degree Colleges for Economics 202
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k) 207
Best Value Colleges for Economics (Income $48-$75k) 217
Most Focused Colleges for Economics 219
Highest Paid Bachelor’s Degree Economics Graduates 236
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) 237
Highest Paid Economics Graduates 241
Best Value Colleges for Economics (Income $75-$110k) 257
Best Economics Bachelor’s Degree Colleges for Veterans 275
Best Economics Colleges for Veterans 281
Best Value Bachelor’s Degree Colleges for Economics 303
Best Value Colleges for Economics 322

How Much Does a Bachelor’s in Economics from Michigan State Cost?

$15,555 Average Tuition and Fees (In-State)
$26,000 Average Student Debt

Michigan State Undergraduate Tuition and Fees

In 2019-2020, the average part-time undergraduate tuition at Michigan State was $1,346 per credit hour for out-of-state students. The average for in-state students was $519 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.

In State Out of State
Tuition $15,555 $40,384
Books and Supplies $1,154 $1,154
On Campus Room and Board $10,522 $10,522
On Campus Other Expenses $3,094 $3,094

Learn more about Michigan State tuition and fees.

Michigan State Economics Bachelor’s Student Debt

One way to think about how much a school will cost is to look at how much in student loans that you have to take out to get your degree. Economics students who received their bachelor’s degree at Michigan State took out an average of $26,000 in student loans. That is 22% higher than the national average of $21,243.

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How Much Can You Make With a Bachelor’s in Economics From Michigan State?

$49,410 Average Salary
High Earnings Boost

economics who receive their bachelor’s degree from Michigan State make an average of $49,410 a year during the early days of their career. That is 6% higher than the national average of $46,790.

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Does Michigan State Offer an Online Bachelor’s in Economics?

Online degrees for the Michigan State economics bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the Michigan State Online Learning page.

Michigan State Bachelor’s Student Diversity for Economics

316 Bachelor's Degrees Awarded
20.6% Women
8.5% Racial-Ethnic Minorities*
There were 316 bachelor’s degrees in economics awarded during the 2019-2020 academic year. Information about those students is shown below.

Male-to-Female Ratio

About 20.6% of the students who received their Bachelor’s in economics in 2019-2020 were women. This is less than the nationwide number of 33.7%.

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Racial-Ethnic Diversity

Of those graduates who received a bachelor’s degree in economics at Michigan State in 2019-2020, 8.5% were racial-ethnic minorities*. This is lower than the nationwide number of 30%.

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Race/Ethnicity Number of Students
Asian 10
Black or African American 2
Hispanic or Latino 10
Native American or Alaska Native 0
Native Hawaiian or Pacific Islander 0
White 179
International Students 106
Other Races/Ethnicities 9

Bachelor’s in Economics Focus Areas at Michigan State

Economics students may decide to major in one of the following focus areas.

Focus Area Annual Graduates
General Economics 271
Econometrics & Quantitative Economics 35
Other Economics 10

You may also be interested in one of these majors related to economics.

Related Major Annual Graduates
General Social Sciences 129
Anthropology 43
Geography & Cartography 17
International Relations & National Security 116
Political Science & Government 119

View All Economics Related Majors >

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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