2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $30-$48k) in the Great Lakes Region
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking.
With 404,734 degrees handed out in 2019-2020, business administration and management is the 2nd most popular major in the United States. 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 the Great Lakes region, there were 49,739 business administration and management graduates with average earnings and debt of $48,112 and $29,067 respectively. At the bachelor’s degree level specifically, there were 18,371 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 analyzed 190 colleges that offered a degree 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.
When determining these rankings, we looked at things such as overall quality of the 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.
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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 Business Administration & Management (Income $30-$48k) in the Great Lakes Region
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 for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k. University of Michigan - Ann Arbor 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.
U-M also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. It costs about $5,887 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend University of Michigan - Ann Arbor.
The student loan default rate at the school is 1.2%, 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 96%.
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. Located in Madison, Wisconsin, this large public school handed out 178 degrees to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at UW - Madison, the school also landed the #3 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $6,860 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend University of Wisconsin - Madison.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Business Administration & Management at UW - Madison
Out of the 190 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, Purdue University - Main Campus landed the #3 spot on the list. Purdue is a large school located in West Lafayette, Indiana that handed out 237 bachelors’s business administration degrees in 2019-2020.
Purdue did well in our major quality rankings, too. It placed #6 on our “Best Business Administration & 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.
The low student loan default rate of 2.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read more about Business Administration & Management at Purdue University - Main Campus
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #4 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. UIUC is a large school located in Champaign, Illinois that handed out 135 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, UIUC has also earned the #2 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UIUC is $8,464 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
The student loan default rate at the school is 2.4%, 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 94%.
Full University of Illinois at Urbana-Champaign Business Administration & Management Report
You’ll be in good company if you decide to attend Franklin University. 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. This medium-sized school is located in Columbus, Ohio, and it awarded 322 bachelors’s business administration 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.
Read full report on Business Administration & Management at Franklin University
Ohio State University - Main Campus ranked #6 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Ohio State University - Main Campus is a large public school situated in Columbus, Ohio. It awarded 333 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Ohio State, the school also landed the #5 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State is $10,037 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 4.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read more about Business Administration & Management at Ohio State University - Main Campus
Michigan Technological University ranked #7 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Michigan Technological University is located in Houghton, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 22 bachelors’s business administration degrees to qualified students.
Michigan Tech excels when it comes to business administration quality. It’s ranked in the top 15% of all schools on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Michigan Tech is $9,049 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 2.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Full Michigan Technological University Business Administration & Management Report
University of Wisconsin - River Falls 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. River Falls, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 148 students in 2019-2020.
UW - River Falls also took the #24 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $10,124 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend UW - 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 Business Administration & Management at University of Wisconsin - River Falls
With a ranking of #9, University of Wisconsin - La Crosse 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 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 took the #15 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - La Crosse is $9,795 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Read more about Business Administration & Management at UW - La Crosse
University of Wisconsin - Stout 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 #10. UW - Stout is a public institution located in Menomonie, Wisconsin. The school has a medium-sized population, and it awarded 284 bachelors’s degrees in 2019-2020.
UW - Stout did well in our major quality rankings, too. It placed #11 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - 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%.
Oakland University came in at #11 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. Located in Rochester Hills, Michigan, this fairly large public school handed out 62 degrees to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend Oakland University is $7,751 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Oakland University
University of Wisconsin - Green Bay landed the #12 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 medium-sized school is located in Green Bay, Wisconsin, and it awarded 219 bachelors’s business administration degrees in 2019-2020.
In addition to being on this list, UW - Green Bay is in the top on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 20% of all schools on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for University of Wisconsin - Green Bay is $11,641 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.
Read full report on Business Administration & Management at UW - Green Bay
University of Wisconsin - Eau Claire 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 #13. UW - Eau Claire is located in Eau Claire, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 182 bachelors’s business administration degrees to qualified students.
UW - Eau Claire also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #19. It costs about $11,828 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend University of Wisconsin - Eau Claire.
Full UW - Eau Claire Business Administration & Management Report
University of Wisconsin - Stevens Point ranked #14 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in Stevens Point, Wisconsin, this medium-sized public school awarded 170 diplomas to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend 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 Business Administration & Management at University of Wisconsin - Stevens Point
University of Wisconsin - Whitewater 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 - Whitewater is a fairly large public school situated in Whitewater, Wisconsin. It awarded 222 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at UW - Whitewater, the school also landed the #21 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. 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.
Read full report on Business Administration & Management at UW - Whitewater
With a ranking of #16, University of Illinois at Springfield 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. Located in Springfield, Illinois, this small public school handed out 122 degrees to qualified bachelors’s business administration students 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 full report on Business Administration & Management at University of Illinois at Springfield
University of Wisconsin - Platteville landed the #17 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Platteville, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 169 students in 2019-2020.
On top of its placing in this ranking, UW - Platteville also did well on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 20% of all schools on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for UW - Platteville is $12,930 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
Full UW - Platteville Business Administration & Management Report
University of Wisconsin - Parkside ranked #18 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Kenosha, Wisconsin is the setting for this small institution of higher learning. The public school handed out bachelors’s business administration degrees to 146 students in 2019-2020.
The yearly cost to attend University of Wisconsin - Parkside is $9,018 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
Full UW - Parkside Business Administration & Management Report
Southern Illinois University Edwardsville 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. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 244 students in 2019-2020.
The estimated yearly cost for Southern Illinois University Edwardsville is $9,938 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
Read full report on Business Administration & Management at SIUE
With a ranking of #20, Michigan State 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 State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 505 bachelors’s degrees in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #4 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Michigan State is $15,197 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at Michigan State
Indiana University - Purdue University - Indianapolis ranked #21 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 large school is located in Indianapolis, Indiana, and it awarded 77 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $6,315 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $30-$48k.
Read more about Business Administration & Management at IUPUI
With a ranking of #22, Grand Valley State 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. Located in Allendale, Michigan, this large public school awarded 103 diplomas to qualified bachelors’s business administration students in 2019-2020.
In addition to being on this list, GVSU is in the top on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools in this category. It costs about $12,459 for great lakes region bachelor’s degree business administration students whose families make $30-$48k per year to attend Grand Valley State University.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business Administration & Management at GVSU
University of Wisconsin - Oshkosh came in at #23 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. This fairly large school is located in Oshkosh, Wisconsin, and it awarded 83 bachelors’s business administration degrees in 2019-2020.
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.
Read more about Business Administration & Management at University of Wisconsin - Oshkosh
Ferris State University ranked #24 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 257 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for Ferris State University is $10,521 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
Read more about Business Administration & Management at Ferris
Indiana University - East 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. Richmond, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s business administration degrees to 216 students in 2019-2020.
The estimated yearly cost for IU East is $5,002 for great lakes region bachelor’s degree business administration students whose families make $30-$48k.
Rest of the Best 29 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 29 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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