2022 Best Value Bachelor’s Degree Colleges for Business Economics (Income $30-$48k) in the Great Lakes Region
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
In 2019-2020, 6,169 people earned their degree in business economics, making the major the 121st most popular in the United States.
Across the Great Lakes region, there were 687 business economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 633 business economics graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking analyzed 31 colleges that offered a degree in business economics. Not only do the schools that top this list have excellent business economics 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 economics 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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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” list to help you make the college decision.
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Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k
The colleges and universities below are the best for great lakes region bachelor’s degree business economics students whose families make $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Business Economics (Income $30-$48k) in the Great Lakes Region
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #1 on our 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This large school is located in Columbus, Ohio, and it awarded 91 bachelors’s business economics degrees in 2019-2020.
As a testament to the quality of education offered at Ohio State, the school also landed the #2 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $10,037 for great lakes region bachelor’s degree business economics students whose families make $30-$48k per year to attend Ohio State University - Main Campus.
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 low student loan default rate of 4.4% 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%.
You’ll be in good company if you decide to attend Beloit College. It ranked #2 on our 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Beloit College is a small school located in Beloit, Wisconsin that handed out 20 bachelors’s business economics degrees in 2019-2020.
Beloit not only placed well in this ranking. It is also #8 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Beloit is $7,628 for great lakes region bachelor’s degree business economics students whose families make $30-$48k.
The student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #3 on our 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 34 bachelors’s business economics degrees in 2019-2020.
As a testament to the quality of education offered at SIUE, the school also landed the #16 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Southern Illinois University Edwardsville is $9,938 for great lakes region bachelor’s degree business economics students whose families make $30-$48k.
Full Southern Illinois University Edwardsville Business Economics Report
Out of the 31 schools in the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Grand Valley State University landed the #4 spot on the list. GVSU is a large school located in Allendale, Michigan that handed out 55 bachelors’s business economics degrees in 2019-2020.
GVSU did well in our major quality rankings, too. It placed #9 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Grand Valley State University is $12,459 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
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%.
Out of the 31 schools in the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Oakland University landed the #5 spot on the list. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 4 bachelors’s business economics degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #19 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $7,751 for great lakes region bachelor’s degree business economics students whose families make $30-$48k per year to attend Oakland University.
Wheaton College Illinois landed the #6 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 66 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Wheaton College Illinois, the school also landed the #1 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Wheaton College Illinois is $16,212 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
With a freshman retention rate of 90%, the school does an excellent job of retaining its students. 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. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Economics at Wheaton College Illinois
Miami University - Oxford did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #7. Miami University - Oxford is located in Oxford, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 44 bachelors’s business economics degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree business economics students whose families make $30-$48k list, Miami University - Oxford has also earned the #6 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $17,692 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend Miami University - Oxford.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Read full report on Business Economics at Miami University - Oxford
Saginaw Valley State University ranked #8 on this year’s Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This medium-sized school is located in University Center, Michigan, and it awarded 6 bachelors’s business economics degrees in 2019-2020.
It costs about $11,734 for great lakes region bachelor’s degree business economics students whose families make $30-$48k per year to attend Saginaw Valley State University.
Full Saginaw Valley State University Business Economics Report
With a ranking of #9, Youngstown State University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Youngstown State University is a public institution located in Youngstown, Ohio. The school has a fairly large population, and it awarded 3 bachelors’s degrees in 2019-2020.
It costs about $9,784 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend Youngstown State University.
Southern Illinois University Carbondale landed the #10 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Southern Illinois University Carbondale is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 5 bachelors’s degrees in 2019-2020.
SIUC not only placed well in this ranking. It is also #23 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for SIUC is $14,306 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
Western Illinois University landed the #11 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 4 bachelors’s business economics degrees in 2019-2020.
As a testament to the quality of education offered at WIU, the school also landed the #24 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $14,526 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend Western Illinois University.
Read full report on Business Economics at Western Illinois University
Lewis University ranked #12 on this year’s Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Lewis University is a medium-sized school located in Romeoville, Illinois that handed out 11 bachelors’s business economics degrees in 2019-2020.
As a testament to the quality of education offered at Lewis, the school also landed the #15 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Lewis University is $13,377 for Great Lakes Region Bachelor’s Degree Business Economics 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 ranking of #13, Hope College did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This small school is located in Holland, Michigan, and it awarded 10 bachelors’s business economics degrees in 2019-2020.
Hope also made our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #7. It costs about $17,573 for great lakes region bachelor’s degree business economics students whose families make $30-$48k per year to attend Hope College.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
With a ranking of #14, Wright State University - Main Campus did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Wright State University - Main Campus is located in Dayton, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 24 bachelors’s business economics degrees to qualified students.
Wright State University - Main Campus also took the #25 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $14,755 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend Wright State University - Main Campus.
Read full report on Business Economics at Wright State University - Main Campus
Bradley University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #15. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 6 degrees to qualified bachelors’s business economics students in 2019-2020.
As a testament to the quality of education offered at Bradley, the school also landed the #10 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $18,232 for great lakes region bachelor’s degree business economics students whose families make $30-$48k per year to attend Bradley University.
The low student loan default rate of 2.5% 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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Eastern Michigan University landed the #16 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Eastern Michigan is a fairly large public school situated in Ypsilanti, Michigan. It awarded 4 bachelors’s business economics degrees in 2019-2020.
It costs about $14,136 for great lakes region bachelor’s degree business economics students whose families make $30-$48k per year to attend Eastern Michigan.
Marquette University ranked #17 on this year’s Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 27 bachelors’s degrees in 2019-2020.
Marquette also made our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #3. The yearly cost to attend Marquette University is $20,955 for great lakes region bachelor’s degree business economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.
Northwood University landed the #18 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Northwood University is a small school located in Midland, Michigan that handed out 1 bachelors’s business economics degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business economics students whose families make $30-$48k list, Northwood has also earned the #21 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwood is $14,903 for great lakes region bachelor’s degree business economics students whose families make $30-$48k.
The impressive 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.
University of Indianapolis did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #19. This medium-sized school is located in Indianapolis, Indiana, and it awarded 2 bachelors’s business economics degrees in 2019-2020.
The estimated yearly cost for University of Indianapolis is $15,844 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
With a ranking of #20, University of Dayton did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in Dayton, Ohio, this fairly large private not-for-profit school handed out 31 diplomas to qualified bachelors’s business economics students in 2019-2020.
UDayton also made our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #4. The estimated yearly cost for University of Dayton is $23,351 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 2.5% 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%.
Kent State University at Kent landed the #21 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Kent State University at Kent is a large public school situated in Kent, Ohio. It awarded 2 bachelors’s business economics degrees in 2019-2020.
The yearly cost to attend Kent State is $15,374 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
Cleveland State University came in at #22 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Cleveland State University is located in Cleveland, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 13 bachelors’s business economics degrees to qualified students.
The estimated yearly cost for Cleveland State University is $14,975 for great lakes region bachelor’s degree business economics students whose families make $30-$48k.
Read more about Business Economics at Cleveland State University
Cedarville University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #23. This small school is located in Cedarville, Ohio, and it awarded 5 bachelors’s business economics degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business economics students whose families make $30-$48k list, Cedarville has also earned the #14 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Cedarville University is $16,396 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
The student loan default rate at the school is 2.0%, 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 88%.
Carroll University landed the #24 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Carroll U is a small private not-for-profit school situated in Waukesha, Wisconsin. It awarded 1 bachelors’s business economics degrees in 2019-2020.
Carroll U also made our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #17. It costs about $20,156 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend Carroll U.
The school has an impressive student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.
With a ranking of #25, Ohio University - Athens Campus did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. OHIO Athens is a large public school situated in Athens, Ohio. It awarded 17 bachelors’s business economics degrees in 2019-2020.
OHIO Athens did well in our major quality rankings, too. It placed #18 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ohio University - Athens Campus is $18,863 for Great Lakes Region Bachelor’s Degree Business Economics students whose families make $30-$48k.
Full Ohio University - Athens Campus Business Economics Report
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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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