2021 Best Value Colleges for Accounting in Michigan

18 Colleges
1,800 Bachelor's Degrees
$25,649 Avg Cost*

Finding the Best Value Accounting School for You

Best Value Colleges for Accounting in MichiganAccounting is one of the most popular subjects to study in Michigan. With 1,800 bachelor's degrees handed out in 2018-2019, it ranked 8th out of all the majors we track in the state. This means that 3.3% of the degrees earned in the country were from a school in the state.

This year's Best Value Colleges for Accounting in Michigan ranking analyzed 18 colleges that offered a bachelor's degree in accounting. Note that the phrase 'best value' does not mean the absolute lowest-priced. We are more focused on accounting schools that offer a high quality education at a price lower that other schools of similar academic excellence.

Average cost figures start with estimating tuition, fees, room and board, books, and other related expenses. We then subtract the average amount of financial aid that a student receives. You can use this as a gauge to estimate how much you may need to pay out of pocket to cover costs when financial aid isn't enough. Keep in mind that the net cost for you may be higher or lower, depending on your income and other factors.

One Size Does Not Fit All

When choosing the right school for you, it's important to arm yourself with all the facts you can. To that end, we've created a number of major-specific rankings, including this Best Value Accounting Schools list to help you make the college decision.

To further help you make the college decision, we've developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

2021 Best Value Accounting Schools in Michigan

The colleges and universities below are the best for the money for accounting majors.

Top 10 Best Value Accounting Schools

Grand Valley State University earned the #1 spot in our 2021 rankings. Located in the large suburb of Allendale, GVSU is a public college with a very large student population. In addition to being on our best value list, GVSU has also earned the #4 rank in our Best Colleges for Accounting in Michigan ranking.

It takes about 4.5 years for the average student at GVSU to complete their degree, and the estimated yearly cost for the school is $23,233. This makes the estimated cost of a bachelor’s degree from GVSU be around $105,245. When students graduate in a lesser amount of time, they can save thousands of dollars.

After completing their bachelor's degree, accounting graduates from GVSU carry an average student debtload of $23,833. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $251.

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#2

Ferris State University

Big Rapids, MI

Our rankings recognize Ferris State University as the #2 school in this year's rankings. Ferris is a fairly large public school located in the town of Big Rapids.

It takes about 4.6 years for the average student at Ferris to complete their degree, and the estimated yearly cost for the school is $15,909. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Ferris is $73,022. When students graduate in a lesser amount of time, they can save thousands of dollars.

While working on their bachelor's, accounting majors at Ferris accumulate an average of around $22,821 in student debt. The average monthly payment of a loan this size is about $228, assuming that the borrower is on a 10-year repayment plan.

Full Accounting at Ferris State University Report

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#3

Lake Superior State University

Sault Ste Marie, MI

Lake Superior State University earned the #3 spot in our 2021 rankings. Located in the town of Sault Ste Marie, Lake Superior State University is a public school with a small student population.

At Lake Superior State University, the average time it takes a student to graduate is 4.4 years, and the yearly average cost to attend the school is $16,475. This means that the average student pays around $72,161 to get a bachelor’s degree from Lake Superior State University. The sooner a student graduates, the more money they can save.

After completing their bachelor's degree, accounting graduates from Lake Superior State University carry an average student debtload of $22,328. This translates to an average monthly loan payment of $233, based on a 10-year repayment plan.

Full Accounting at Lake Superior State University Report

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#4

Calvin University

Grand Rapids, MI

Calvin University earned the #4 spot in our 2021 rankings. Calvin is a small private not-for-profit school located in the medium-sized city of Grand Rapids. Calvin also took the #2 spot in our Best Colleges for Accounting in Michigan rankings.

It takes about 4.2 years for the average student at Calvin to complete their degree, and on average, the annual cost to attend the school is $32,672. This makes the estimated cost of a bachelor’s degree from Calvin be around $137,876. The sooner a student graduates, the more money they can save.

The average amount in student loans that accounting majors at Calvin take out while working on their bachelor's is $21,205. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $237.

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Our rankings recognize Western Michigan University as the #5 school in this year's rankings. Located in the small city of Kalamazoo, WMU is a public college with a very large student population.

The average amount of time it takes for a student to receive their degree at WMU is 4.7 years, and the average full-time cost to attend the school is around $21,387. This means that the average student pays around $100,305 to get a bachelor’s degree from WMU. When students graduate in a lesser amount of time, they can save thousands of dollars.

While working on their bachelor's, accounting majors at WMU accumulate an average of around $25,518 in student debt. This translates to an average monthly loan payment of $279, based on a 10-year repayment plan.

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#6

Hope College

Holland, MI

Our rankings recognize Hope College as the #6 school in this year's rankings. Hope is a small private not-for-profit school located in the small city of Holland. As a testament to the quality of education offered at Hope, the school also landed the #3 rank in our Best Colleges for Accounting in Michigan ranking.

It takes about 4.1 years for the average student at Hope to complete their degree, and it costs about $33,418 per year to attend the school. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Hope is $137,682. Graduating sooner can prevent you from having to pay more money out of pocket.

The average amount in student loans that accounting majors at Hope take out while working on their bachelor's is $22,502. The average monthly payment of a loan this size is about $253, assuming that the borrower is on a 10-year repayment plan.

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#7

Central Michigan University

Mount Pleasant, MI

Central Michigan University landed the #7 spot in our 2021 rankings for best value accounting schools. Central Michigan is a large public school located in the town of Mount Pleasant. As a testament to the quality of education offered at Central Michigan, the school also landed the #9 rank in our Best Colleges for Accounting in Michigan ranking.

The average student at Central Michigan graduates in less than 4.7 years, and the average full-time cost to attend the school is around $24,977. Thus, the average cost to get a bachelor’s degree from the Central Michigan is $116,393. The sooner a student graduates, the more money they can save.

Accounting majors at Central Michigan take out an average of $27,195 in student loans while working on their bachelor's degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $291.

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#8

Michigan State University

East Lansing, MI

Michigan State University landed the #8 spot in our 2021 rankings for best value accounting schools. Michigan State is a fairly large public school located in the city of East Lansing. Michigan State also took the #1 spot in our Best Colleges for Accounting in Michigan rankings.

It takes the average student at Michigan State about 4.4 years to graduate, and the yearly average cost to attend the school is $36,866. Thus, the average cost to get a bachelor’s degree from the Michigan State is $161,473. When you graduate sooner, you can save a lot of money.

Accounting majors at Michigan State take out an average of $22,343 in student loans while working on their bachelor's degree. The average monthly payment of a loan this size is about $259, assuming that the borrower is on a 10-year repayment plan.

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Eastern Michigan University landed the #9 spot in our 2021 rankings for best value accounting schools. Eastern Michigan is a fairly large public school located in the suburb of Ypsilanti.

At Eastern Michigan, the average time it takes a student to graduate is 4.8 years, and the yearly average cost to attend the school is $20,456. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Eastern Michigan is $98,393. Graduating sooner can prevent you from having to pay more money out of pocket.

After completing their bachelor's degree, accounting graduates from Eastern Michigan carry an average student debtload of $27,313. The average monthly payment of a loan this size is about $260, assuming that the borrower is on a 10-year repayment plan.

Full Accounting at Eastern Michigan University Report

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#10

Davenport University

Grand Rapids, MI

Davenport University comes in at #10 in this year's ranking. Davenport University is a moderately-sized private not-for-profit school located in the suburb of Grand Rapids.

The average amount of time it takes for a student to receive their degree at Davenport University is 4.3 years, and it costs about $25,498 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the Davenport University is $108,876. The sooner a student graduates, the more money they can save.

After completing their bachelor's degree, accounting graduates from Davenport University carry an average student debtload of $29,607. The average monthly payment of a loan this size is about $296, assuming that the borrower is on a 10-year repayment plan.

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Best Accounting Colleges in the Great Lakes Region

Explore all the Best Accounting Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Ohio 2,409
Illinois 2,426
Indiana 1,052
Wisconsin 1,060

Accounting is one of 21 different types of Business, Management & Marketing programs to choose from.

Related Major Annual Graduates
Business Administration & Management 4,646
Marketing 1,965
Finance & Financial Management 1,606
Human Resource Management 886
Hospitality Management 501

View All Accounting Related Majors >

Notes and References

*These averages are for the top 18 schools only.

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Credit for the banner image above goes to Pixabay.

More about our data sources and methodologies.

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