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2022 Best Value Bachelor’s Degree Colleges for General Business Administration and Management (Income $30-$48k) in the Great Lakes Region

171 Ranked Colleges
12,876 Degrees Awarded
$10,400 Avg Net Price*
Best Value Business Administration Schools for a Bachelor's in the Great Lakes Region For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking - to help you make that decision.

In 2019-2020, 343,202 general business administration and management students received their degree, making the major the 1st most popular in the country.

Across the Great Lakes region, there were 39,088 general business administration and management graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 12,876 general business administration and management graduates with average earnings and debt of $39,075 and $25,381 respectively.

This year’s “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking looked at 171 colleges that offer degrees in a bachelor’s in general business administration and management. The schools that top this list are recognized because they have great general business administration and management programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the general business administration and management program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

More Ways to Rank General Business Administration and Management Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k.

Top 25 Best Value Bachelor’s Degree Colleges for General Business Administration and Management (Income $30-$48k) in the Great Lakes Region

#1 in overall quality

Out of the 171 schools in the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 596 bachelors’s degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree business administration students whose families make $30-$48k list, U-M has also earned the #1 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend U-M is $5,887 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about General Business Administration and Management at U-M

#2 in overall quality

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 112 bachelors’s business administration degrees to qualified students.

UW - Madison also made our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. The estimated yearly cost for UW - Madison is $6,860 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.

Full University of Wisconsin - Madison General Business Administration and Management Report

#3

Purdue University - Main Campus

West Lafayette, Indiana
#5 in overall quality

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 175 bachelors’s degrees in 2019-2020.

Purdue not only placed well in this ranking. It is also #5 on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $5,879 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend Purdue University - Main Campus.

The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Full Purdue University - Main Campus General Business Administration and Management Report

#4

Franklin University

Columbus, Ohio

You’ll join some of the best and brightest minds around if you attend Franklin University. The school came in at #4 for the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k. Franklin University is a private not-for-profit institution located in Columbus, Ohio. The school has a medium-sized population, and it awarded 252 bachelors’s degrees in 2019-2020.

It costs about $11,992 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend Franklin University.

Full Franklin University General Business Administration and Management Report

#4 in overall quality

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #5 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 9 students in 2019-2020.

Ohio State not only placed well in this ranking. It is also #4 on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ohio State University - Main Campus is $10,037 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Full Ohio State University - Main Campus General Business Administration and Management Report

Top 15% in overall quality

With a ranking of #6, Michigan Technological University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 22 bachelors’s degrees in 2019-2020.

Michigan Tech also claimed a top spot on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 15% of all schools on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Michigan Tech is $9,049 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.

Read more about General Business Administration and Management at Michigan Technological University

#7

University of Wisconsin - River Falls

River Falls, Wisconsin
#22 in overall quality

University of Wisconsin - River Falls did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #7. University of Wisconsin - River Falls is located in River Falls, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 148 bachelors’s business administration degrees to qualified students.

UW - River Falls not only placed well in this ranking. It is also #22 on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $10,124 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend University of Wisconsin - River Falls.

The low student loan default rate of 2.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on General Business Administration and Management at University of Wisconsin - River Falls

#14 in overall quality

University of Wisconsin - La Crosse ranked #8 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This fairly large school is located in La Crosse, Wisconsin, and it awarded 105 bachelors’s business administration degrees in 2019-2020.

UW - La Crosse also made our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #14. It costs about $9,795 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend University of Wisconsin - La Crosse.

With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 1.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on General Business Administration and Management at University of Wisconsin - La Crosse

#9

University of Wisconsin - Stout

Menomonie, Wisconsin
#10 in overall quality

University of Wisconsin - Stout ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. University of Wisconsin - Stout is a medium-sized school located in Menomonie, Wisconsin that handed out 159 bachelors’s business administration degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree business administration students whose families make $30-$48k list, UW - Stout has also earned the #10 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UW - Stout is $10,778 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%.

Read full report on General Business Administration and Management at University of Wisconsin - Stout

#10

University of Wisconsin - Green Bay

Green Bay, Wisconsin
Top 20% in overall quality

University of Wisconsin - Green Bay landed the #10 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. UW - Green Bay is located in Green Bay, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 219 bachelors’s business administration degrees to qualified students.

UW - Green Bay also claimed a top spot on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 20% of all schools on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $11,641 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend UW - Green Bay.

Read full report on General Business Administration and Management at UW - Green Bay

#11

University of Wisconsin - Eau Claire

Eau Claire, Wisconsin
#18 in overall quality

University of Wisconsin - Eau Claire landed the #11 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Wisconsin - Eau Claire is a fairly large school located in Eau Claire, Wisconsin that handed out 181 bachelors’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at UW - Eau Claire, the school also landed the #18 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $11,828 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend UW - Eau Claire.

Read full report on General Business Administration and Management at University of Wisconsin - Eau Claire

#12

University of Wisconsin - Stevens Point

Stevens Point, Wisconsin
Top 25% in overall quality

University of Wisconsin - Stevens Point ranked #12 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This medium-sized school is located in Stevens Point, Wisconsin, and it awarded 170 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for UW - Stevens Point is $11,433 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

Read full report on General Business Administration and Management at University of Wisconsin - Stevens Point

#13

University of Wisconsin - Whitewater

Whitewater, Wisconsin
#19 in overall quality

University of Wisconsin - Whitewater landed the #13 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. This fairly large school is located in Whitewater, Wisconsin, and it awarded 88 bachelors’s business administration degrees in 2019-2020.

UW - Whitewater also made our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #19. The yearly cost to attend UW - Whitewater is $12,156 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

Full University of Wisconsin - Whitewater General Business Administration and Management Report

#14

University of Illinois at Springfield

Springfield, Illinois

University of Illinois at Springfield did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #14. UIS is a public institution located in Springfield, Illinois. The school has a small population, and it awarded 122 bachelors’s degrees in 2019-2020.

It costs about $8,323 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend University of Illinois at Springfield.

Read more about General Business Administration and Management at University of Illinois at Springfield

#15

University of Wisconsin - Platteville

Platteville, Wisconsin
Top 20% in overall quality

University of Wisconsin - Platteville landed the #15 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. UW - Platteville is a public institution located in Platteville, Wisconsin. The school has a medium-sized population, and it awarded 169 bachelors’s degrees in 2019-2020.

On top of its placing in this ranking, UW - Platteville also did well on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools in this category. The yearly cost to attend University of Wisconsin - Platteville is $12,930 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

Read more about General Business Administration and Management at University of Wisconsin - Platteville

University of Wisconsin - Parkside came in at #16 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. UW - Parkside is a small public school situated in Kenosha, Wisconsin. It awarded 146 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for University of Wisconsin - Parkside is $9,018 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

Read more about General Business Administration and Management at University of Wisconsin - Parkside

Southern Illinois University Edwardsville did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #17. SIUE is a fairly large public school situated in Edwardsville, Illinois. It awarded 244 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend SIUE is $9,938 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

Read more about General Business Administration and Management at SIUE

#18

Michigan State University

East Lansing, Michigan
#3 in overall quality

Michigan State University came in at #18 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 119 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Michigan State, the school also landed the #3 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $15,197 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend Michigan State.

With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Business Administration and Management at Michigan State University

Top 25% in overall quality

University of Wisconsin - Oshkosh came in at #19 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Wisconsin - Oshkosh is located in Oshkosh, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 43 bachelors’s business administration degrees to qualified students.

The yearly cost to attend University of Wisconsin - Oshkosh is $13,114 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

Full UW Oshkosh General Business Administration and Management Report

#20

Ferris State University

Big Rapids, Michigan

Ferris State University came in at #20 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 231 students in 2019-2020.

It costs about $10,521 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend Ferris State University.

Read full report on General Business Administration and Management at Ferris State University

#21

Indiana University - East

Richmond, Indiana

Indiana University - East came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. IU East is a public institution located in Richmond, Indiana. The school has a small population, and it awarded 216 bachelors’s degrees in 2019-2020.

It costs about $5,002 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend Indiana University - East.

Full IU East General Business Administration and Management Report

#22

Northern Illinois University

Dekalb, Illinois
Top 20% in overall quality

Northern Illinois University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #22. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 78 bachelors’s business administration degrees to qualified students.

As a testament to the quality of education it offers, NIU is also in the top of our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It’s ranked in the top 20% of all schools on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for NIU is $15,861 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

Read more about General Business Administration and Management at Northern Illinois University

#23

Purdue University Northwest

Hammond, Indiana

With a ranking of #23, Purdue University Northwest did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This medium-sized school is located in Hammond, Indiana, and it awarded 44 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for Purdue Northwest is $8,401 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.

Read more about General Business Administration and Management at Purdue University Northwest

#24

Central Michigan University

Mount Pleasant, Michigan
Top 20% in overall quality

Central Michigan University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Central Michigan University is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 44 bachelors’s business administration degrees to qualified students.

In addition to being on this list, Central Michigan is in the top on our “Best General Business Administration and Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools reviewed in that analysis. It costs about $12,127 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend Central Michigan University.

Read full report on General Business Administration and Management at Central Michigan University

University of Illinois at Chicago came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. UIC is a large public school situated in Chicago, Illinois. It awarded 56 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for University of Illinois at Chicago is $11,185 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full UIC General Business Administration and Management Report

Rest of the Best 26 in Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

Not only did these schools make the top 26 list, but they also landed in the top 15% of this year’s ranking:

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Notes and References

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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