2022 Best Value Colleges for Business Administration & Management (Income $0-$30k) in Michigan
It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Administration Schools in Michigan For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.
Across Michigan, there were 10,104 business administration and management graduates with average earnings and debt of $52,110 and $27,480 respectively.
This year’s “Best Value Business Administration Schools in Michigan For Those Making $0-$30k” ranking looked at 59 colleges that offer degrees in a bachelor’s in business administration and management. Not only do the schools that top this list have excellent business administration and management programs, but they also cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the business administration and management program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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One Size Does Not Fit All
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools in Michigan For Those Making $0-$30k” list, to help you choose the best school for you.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Business Administration Schools in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Business Administration Schools in Michigan For Those Making $0-$30k.
Top 25 Best Value Colleges for Business Administration & Management (Income $0-$30k) in Michigan
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Business Administration Schools in Michigan For Those Making $0-$30k. This large school is located in Ann Arbor, Michigan, and it awarded 1,447 ’s business administration degrees in 2019-2020.
In addition to being on our michigan business administration students whose families make $0-$30k list, U-M has also earned the #1 rank in our “Best Business Administration & Management Schools in Michigan” ranking. It costs about $3,166 for Michigan Business Administration students whose families make $0-$30k per year to attend University of Michigan - Ann Arbor.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. 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 Business Administration & Management at University of Michigan - Ann Arbor
Out of the 59 schools in the Best Value Business Administration Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 879 ’s business administration degrees in 2019-2020.
Michigan State not only placed well in this ranking. It is also #2 on our “Best Business Administration & Management Schools in Michigan” list. The yearly cost to attend Michigan State University is $6,686 for michigan business administration students whose families make $0-$30k.
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%.
Full Michigan State Business Administration & Management Report
Out of the 59 schools in the Best Value Business Administration Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Oakland Community College landed the #3 spot on the list. Bloomfield Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s business administration degrees to 194 students in 2019-2020.
In addition to being on our michigan business administration students whose families make $0-$30k list, Oakland Community College has also earned the #17 rank in our “Best Business Administration & Management Schools in Michigan” ranking. The estimated yearly cost for Oakland Community College is $-51 for michigan business administration students whose families make $0-$30k. A negative average net price may seem strange, but it generally means that financial aid will more than cover the cost to attend the school.
Read more about Business Administration & Management at Oakland Community College
You’ll be in good company if you decide to attend Washtenaw Community College. It ranked #4 on our 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Washtenaw Community College is a public institution located in Ann Arbor, Michigan. The school has a fairly large population, and it awarded 290 ’s degrees in 2019-2020.
It costs about $266 for Michigan Business Administration students whose families make $0-$30k per year to attend Washtenaw Community College.
Read full report on Business Administration & Management at Washtenaw Community College
Out of the 59 schools in the Best Value Business Administration Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan Technological University landed the #5 spot on the list. Michigan Technological University is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 46 ’s degrees in 2019-2020.
In addition to being on our michigan business administration students whose families make $0-$30k list, Michigan Tech has also earned the #8 rank in our “Best Business Administration & Management Schools in Michigan” ranking. The yearly cost to attend Michigan Tech is $8,295 for Michigan Business Administration students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. 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 Business Administration & Management at Michigan Tech
Henry Ford College came in at #6 in this year’s edition of the Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking. Located in Dearborn, Michigan, this fairly large public school handed out 229 diplomas to qualified ’s business administration students in 2019-2020.
It costs about $2,460 for michigan business administration students whose families make $0-$30k per year to attend Henry Ford College.
Full Henry Ford College Business Administration & Management Report
With a ranking of #7, Schoolcraft College did quite well on the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Schoolcraft College is located in Livonia, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 174 ’s business administration degrees to qualified students.
In addition to being on our michigan business administration students whose families make $0-$30k list, Schoolcraft College has also earned the #11 rank in our “Best Business Administration & Management Schools in Michigan” ranking. The yearly cost to attend Schoolcraft College is $6,908 for michigan business administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Schoolcraft College
Monroe County Community College came in at #8 in this year’s edition of the Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking. Monroe, Michigan is the setting for this small institution of higher learning. The public school handed out ’s business administration degrees to 39 students in 2019-2020.
The yearly cost to attend Monroe County Community College is $1,606 for Michigan Business Administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Monroe County Community College
Ferris State University landed the #9 spot on the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 351 ’s degrees in 2019-2020.
Ferris not only placed well in this ranking. It is also #16 on our “Best Business Administration & Management Schools in Michigan” list. The estimated yearly cost for Ferris State University is $7,207 for michigan business administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Ferris State University
Kalamazoo Valley Community College ranked #10 on this year’s Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Located in Kalamazoo, Michigan, this medium-sized public school handed out 40 degrees to qualified ’s business administration students in 2019-2020.
It costs about $3,185 for michigan business administration students whose families make $0-$30k per year to attend Kalamazoo Valley Community College.
Full Kalamazoo Valley Community College Business Administration & Management Report
Delta College did quite well in the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking, coming in at #11. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s business administration degrees to 58 students in 2019-2020.
The yearly cost to attend Delta College is $1,822 for Michigan Business Administration students whose families make $0-$30k.
Read more about Business Administration & Management at Delta College
Grand Rapids Community College ranked #12 on this year’s Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Located in Grand Rapids, Michigan, this fairly large public school awarded 92 degrees to qualified ’s business administration students in 2019-2020.
Grand Rapids Community College did well in our major quality rankings, too. It placed #20 on our “Best Business Administration & Management Schools in Michigan” list. It costs about $6,668 for michigan business administration students whose families make $0-$30k per year to attend Grand Rapids Community College.
Read more about Business Administration & Management at Grand Rapids Community College
Wayne County Community College District landed the #13 spot on the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking. Detroit, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s business administration degrees to 59 students in 2019-2020.
It costs about $4,795 for michigan business administration students whose families make $0-$30k per year to attend WCCCD.
Read more about Business Administration & Management at Wayne County Community College District
Oakland University did quite well in the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking, coming in at #14. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 173 ’s degrees in 2019-2020.
Oakland did well in our major quality rankings, too. It placed #14 on our “Best Business Administration & Management Schools in Michigan” list. It costs about $7,490 for Michigan Business Administration students whose families make $0-$30k per year to attend Oakland University.
Read full report on Business Administration & Management at Oakland
Grand Valley State University did quite well in the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking, coming in at #15. Grand Valley State University is a large public school situated in Allendale, Michigan. It awarded 103 ’s business administration degrees in 2019-2020.
In addition to being on our michigan business administration students whose families make $0-$30k list, GVSU has also earned the #6 rank in our “Best Business Administration & Management Schools in Michigan” ranking. The yearly cost to attend GVSU is $11,578 for Michigan Business Administration students whose families make $0-$30k.
The low student loan default rate of 3.7% 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%.
Full Grand Valley State University Business Administration & Management Report
Lansing Community College ranked #16 on this year’s Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Lansing, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s business administration degrees to 42 students in 2019-2020.
The estimated yearly cost for LCC is $4,494 for Michigan Business Administration students whose families make $0-$30k.
North Central Michigan College ranked #16 on this year’s Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Located in Petoskey, Michigan, this small public school handed out 9 degrees to qualified ’s business administration students in 2019-2020.
The estimated yearly cost for North Central Michigan College is $1,752 for michigan business administration students whose families make $0-$30k.
Full North Central Michigan College Business Administration & Management Report
Kellogg Community College ranked #18 on this year’s Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. Kellogg Community College is a small public school situated in Battle Creek, Michigan. It awarded 83 ’s business administration degrees in 2019-2020.
It costs about $6,933 for michigan business administration students whose families make $0-$30k per year to attend Kellogg Community College.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Business Administration & Management at Kellogg Community College
Bay Mills Community College ranked #19 on this year’s Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. BMCC is a small public school situated in Brimley, Michigan. It awarded 15 ’s business administration degrees in 2019-2020.
The yearly cost to attend Bay Mills Community College is $7,815 for michigan business administration students whose families make $0-$30k.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read more about Business Administration & Management at BMCC
With a ranking of #20, University of Michigan - Dearborn did quite well on the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k list. University of Michigan - Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 96 ’s business administration degrees to qualified students.
UM Dearborn not only placed well in this ranking. It is also #18 on our “Best Business Administration & Management Schools in Michigan” list. It costs about $6,751 for michigan business administration students whose families make $0-$30k per year to attend University of Michigan - Dearborn.
The low student loan default rate of 4.5% 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 Business Administration & Management at University of Michigan - Dearborn
Central Michigan University came in at #21 in this year’s edition of the Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking. Central Michigan is a fairly large school located in Mount Pleasant, Michigan that handed out 962 ’s business administration degrees in 2019-2020.
Central Michigan also made our “Best Business Administration & Management Schools in Michigan” list, coming in at #9. It costs about $11,598 for michigan business administration students whose families make $0-$30k per year to attend Central Michigan.
Read more about Business Administration & Management at Central Michigan University
Mid Michigan College did quite well in the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking, coming in at #22. Mid Michigan College is a public institution located in Harrison, Michigan. The school has a small population, and it awarded 85 ’s degrees in 2019-2020.
It costs about $6,352 for michigan business administration students whose families make $0-$30k per year to attend Mid Michigan College.
Read more about Business Administration & Management at Mid Michigan College
Lake Superior State University did quite well in the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking, coming in at #23. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out ’s business administration degrees to 19 students in 2019-2020.
It costs about $7,067 for michigan business administration students whose families make $0-$30k per year to attend Lake Superior State University.
Read full report on Business Administration & Management at Lake Superior State University
Mott Community College did quite well in the 2022 Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking, coming in at #24. Mott Community College is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 26 ’s business administration degrees to qualified students.
It costs about $6,287 for Michigan Business Administration students whose families make $0-$30k per year to attend Mott Community College.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Business Administration & Management at Mott Community College
Bay de Noc Community College came in at #25 in this year’s edition of the Best Value Business Administration Schools in Michigan For Those Making $0-$30k ranking. Bay College is located in Escanaba, Michigan and, has a small student population. In 2019-2020, this school awarded 21 ’s business administration degrees to qualified students.
The yearly cost to attend Bay College is $6,419 for Michigan Business Administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Bay College
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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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