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2023 Best Value Colleges for Business Administration & Management (Income $48-$75k) in the Great Lakes Region

241 Ranked Colleges
52,496 Degrees Awarded
Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k

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 the Great Lakes Region For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

With 416,590 degrees handed out in 2020-2021, business administration and management is the 2nd most popular major in the United States. In 2019-2020, business administration and management graduates who were awarded their degree in 2017-2019, earned an average of $48,927 and had an average of $25,277 in loans still to pay off.

Across the Great Lakes region, there were 52,496 business administration and management graduates with average earnings and debt of $50,279 and $25,879 respectively.

This year’s “Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k” ranking analyzed 241 colleges that offered a degree in business administration and management. The schools that top this list are recognized because they have great business administration and management programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business administration and management program at the school. Check out our ranking methodology for more information.

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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 in the Great Lakes Region For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k

The colleges and universities below are the best for great lakes region business administration students whose families make $48-$75k.

Top 25 Best Value Colleges for Business Administration & Management (Income $48-$75k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 465 ’s degrees in 2020-2021.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Business Administration & Management Schools in the Great Lakes Region” list. It costs about $5,849 for great lakes region business administration students whose families make $48-$75k per year to attend Northwestern University.

With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Read full report on Business Administration & Management at Northwestern

2

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 1,461 ’s business administration degrees in 2020-2021.

U-M not only placed well in this ranking. It is also #2 on our “Best Business Administration & Management Schools in the Great Lakes Region” list. The yearly cost to attend U-M is $10,481 for Great Lakes Region Business Administration students whose families make $48-$75k.

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 undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business Administration & Management at University of Michigan - Ann Arbor

3
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 241 schools in the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #3 spot on the list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 92 diplomas to qualified ’s business administration students in 2020-2021.

UChicago also made our “Best Business Administration & Management Schools in the Great Lakes Region” list, coming in at #6. The estimated yearly cost for University of Chicago is $8,375 for great lakes region business administration students whose families make $48-$75k.

Since the school has a undergrad student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.

Full University of Chicago Business Administration & Management Report

4
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #4 on our 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. This large school is located in West Lafayette, Indiana, and it awarded 810 ’s business administration degrees in 2020-2021.

Purdue did well in our major quality rankings, too. It placed #9 on our “Best Business Administration & Management Schools in the Great Lakes Region” list. It costs about $8,450 for great lakes region business administration students whose families make $48-$75k per year to attend Purdue.

The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read full report on Business Administration & Management at Purdue University - Main Campus

5

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #5 on our 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. This large school is located in Champaign, Illinois, and it awarded 1,212 ’s business administration degrees in 2020-2021.

UIUC also took the #4 spot in our “Best Business Administration & Management Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $11,505 for great lakes region business administration students whose families make $48-$75k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad 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 University of Illinois at Urbana-Champaign

6

Eastern Gateway Community College landed the #6 spot on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Eastern Gateway Community College is a public institution located in Steubenville, Ohio. The school has a large population, and it awarded 1,486 ’s degrees in 2020-2021.

The yearly cost to attend Eastern Gateway Community College is $3,241 for great lakes region business administration students whose families make $48-$75k.

Read more about Business Administration & Management at Eastern Gateway Community College

7

Sinclair Community College came in at #7 in this year’s edition of the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Sinclair Community College is located in Dayton, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 964 ’s business administration degrees to qualified students.

It costs about $6,283 for Great Lakes Region Business Administration students whose families make $48-$75k per year to attend Sinclair Community College.

Full Sinclair Community College Business Administration & Management Report

8

University of Wisconsin - Madison came in at #8 in this year’s edition of the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. UW - Madison is a large school located in Madison, Wisconsin that handed out 218 ’s business administration degrees in 2020-2021.

In addition to being on our great lakes region business administration students whose families make $48-$75k list, UW - Madison has also earned the #7 rank in our “Best Business Administration & Management Schools in the Great Lakes Region” ranking. It costs about $10,364 for Great Lakes Region Business Administration students whose families make $48-$75k per year to attend UW - Madison.

With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.

Full UW - Madison Business Administration & Management Report

9
Ivy Tech Community College crest
Ivy Tech Community College
Indianapolis, Indiana

Ivy Tech Community College landed the #9 spot on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Ivy Tech Community College is a large public school situated in Indianapolis, Indiana. It awarded 3,605 ’s business administration degrees in 2020-2021.

Ivy Tech Community College excels when it comes to business administration quality. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for Ivy Tech Community College is $9,405 for great lakes region business administration students whose families make $48-$75k.

Read full report on Business Administration & Management at Ivy Tech Community College

10
Washtenaw Community College crest
Washtenaw Community College
Ann Arbor, Michigan

Washtenaw Community College ranked #10 on this year’s Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. Washtenaw Community College is a fairly large public school situated in Ann Arbor, Michigan. It awarded 267 ’s business administration degrees in 2020-2021.

It costs about $5,466 for Great Lakes Region Business Administration students whose families make $48-$75k per year to attend Washtenaw Community College.

Full Washtenaw Community College Business Administration & Management Report

11

Ohio State University - Main Campus came in at #11 in this year’s edition of the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Ohio State University - Main Campus is located in Columbus, Ohio and, has a large student population. In 2020-2021, this school awarded 610 ’s business administration degrees to qualified students.

In addition to being on our great lakes region business administration students whose families make $48-$75k list, Ohio State has also earned the #8 rank in our “Best Business Administration & Management Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State is $13,273 for great lakes region business administration students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Full Ohio State University - Main Campus Business Administration & Management Report

12
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame came in at #12 in this year’s edition of the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2020-2021, this school awarded 180 ’s business administration degrees to qualified students.

In addition to being on our great lakes region business administration students whose families make $48-$75k list, Notre Dame has also earned the #3 rank in our “Best Business Administration & Management Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Notre Dame is $14,020 for great lakes region business administration students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read full report on Business Administration & Management at University of Notre Dame

13

Cincinnati State Technical and Community College did quite well in the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #13. Located in Cincinnati, Ohio, this medium-sized public school awarded 103 diplomas to qualified ’s business administration students in 2020-2021.

The estimated yearly cost for Cincinnati State is $6,934 for great lakes region business administration students whose families make $48-$75k.

Full Cincinnati State Business Administration & Management Report

14
Oakland crest
Oakland University
Rochester Hills, Michigan

With a ranking of #14, Oakland University did quite well on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 176 ’s degrees in 2020-2021.

Oakland excels when it comes to business administration quality. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend Oakland is $12,008 for great lakes region business administration students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about Business Administration & Management at Oakland

15
Henry Ford College crest
Henry Ford College
Dearborn, Michigan

Henry Ford College did quite well in the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #15. Dearborn, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s business administration degrees to 190 students in 2020-2021.

It costs about $5,971 for Great Lakes Region Business Administration students whose families make $48-$75k per year to attend Henry Ford College.

Read more about Business Administration & Management at Henry Ford College

16

Madison Area Technical College ranked #16 on this year’s Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. Madison College is located in Madison, Wisconsin and, has a fairly large student population. In 2020-2021, this school awarded 163 ’s business administration degrees to qualified students.

As a testament to the quality of education it offers, Madison College is also in the top of our “Best Business Administration & Management Schools in the Great Lakes Region” ranking. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. It costs about $10,227 for great lakes region business administration students whose families make $48-$75k per year to attend Madison College.

Full Madison Area Technical College Business Administration & Management Report

17
Gateway Technical College crest
Gateway Technical College
Kenosha, Wisconsin

With a ranking of #17, Gateway Technical College did quite well on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. Kenosha, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out ’s business administration degrees to 273 students in 2020-2021.

Gateway Technical College excels when it comes to business administration quality. It’s in the top 15% of all schools reviewed in that analysis. The estimated yearly cost for Gateway Technical College is $10,074 for Great Lakes Region Business Administration students whose families make $48-$75k.

Since the school has a undergrad student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Gateway Technical College Business Administration & Management Report

18

Lorain County Community College landed the #18 spot on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Lorain County Community College is a public institution located in Elyria, Ohio. The school has a medium-sized population, and it awarded 213 ’s degrees in 2020-2021.

It costs about $3,765 for great lakes region business administration students whose families make $48-$75k per year to attend LCCC.

Read more about Business Administration & Management at LCCC

19
Oakland Community College crest
Oakland Community College
Bloomfield Hills, Michigan

Oakland Community College landed the #19 spot on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Oakland Community College is located in Bloomfield Hills, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 220 ’s business administration degrees to qualified students.

It costs about $6,291 for Great Lakes Region Business Administration students whose families make $48-$75k per year to attend Oakland Community College.

Full Oakland Community College Business Administration & Management Report

20
LCC crest
Lansing Community College
Lansing, Michigan

Lansing Community College ranked #20 on this year’s Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. Lansing Community College is located in Lansing, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 40 ’s business administration degrees to qualified students.

The yearly cost to attend LCC is $5,733 for great lakes region business administration students whose families make $48-$75k.

Read full report on Business Administration & Management at Lansing Community College

21
Western Technical College crest
Western Technical College
La Crosse, Wisconsin

Western Technical College came in at #21 in this year’s edition of the Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. La Crosse, Wisconsin is the setting for this small institution of higher learning. The public school handed out ’s business administration degrees to 108 students in 2020-2021.

Western Technical College excels when it comes to business administration quality. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend Western Technical College is $10,884 for Great Lakes Region Business Administration students whose families make $48-$75k.

The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Business Administration & Management at Western Technical College

22
Schoolcraft College crest
Schoolcraft College
Livonia, Michigan

Schoolcraft College landed the #22 spot on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Livonia, Michigan, this medium-sized public school awarded 170 diplomas to qualified ’s business administration students in 2020-2021.

The estimated yearly cost for Schoolcraft College is $7,907 for great lakes region business administration students whose families make $48-$75k.

Full Schoolcraft College Business Administration & Management Report

23

Cuyahoga Community College District landed the #23 spot on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking. Cuyahoga Community College District is located in Cleveland, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 72 ’s business administration degrees to qualified students.

The estimated yearly cost for Cuyahoga Community College District is $6,616 for great lakes region business administration students whose families make $48-$75k.

Full Cuyahoga Community College District Business Administration & Management Report

24
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University did quite well in the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #24. Central Michigan is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 870 ’s degrees in 2020-2021.

Central Michigan not only placed well in this ranking. It is also #14 on our “Best Business Administration & Management Schools in the Great Lakes Region” list. It costs about $15,720 for great lakes region business administration students whose families make $48-$75k per year to attend Central Michigan University.

The low undergrad student loan default rate of 4.8% 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 Central Michigan University

25

With a ranking of #25, University of Michigan - Dearborn did quite well on the 2023 Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k list. Located in Dearborn, Michigan, this medium-sized public school handed out 120 diplomas to qualified ’s business administration students in 2020-2021.

It costs about $12,398 for Great Lakes Region Business Administration students whose families make $48-$75k per year to attend UM Dearborn.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Full University of Michigan - Dearborn Business Administration & Management Report

Rest of the Best 37 in Best Value Business Administration Schools in the Great Lakes Region For Those Making $48-$75k

Not only did these schools make the top 37 list, but they also landed in the top 15% of this year’s ranking:

26
27
28
Delta College crest
Delta College
University Center, Michigan
29
Franklin University crest
Franklin University
Columbus, Ohio
30
31
32
33
34
35
36
Kankakee Community College crest
Kankakee Community College
Kankakee, Illinois
37
Michigan State crest
Michigan State University
East Lansing, Michigan

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