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2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid

28 Ranked Colleges
642 Degrees Awarded
$21,300 Avg Net Price*
Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid” ranking - to help you make that decision.

In 2020-2021, 5,667 people earned their degree in business economics, making the major the 130th most popular in the United States.

Across the Great Lakes region, there were 642 business economics graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid” ranking, we looked at 28 colleges that offer 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.

Some of the factors we look at when determining these rankings are overall quality of the business economics program at the school and the cost of the school after aid is awarded among other things. 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 Economics Schools in the Great Lakes Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid

The following schools top our list of the Best Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid.

Top 25 Best Value Colleges for Business Economics in the Great Lakes Region (With Aid)

1

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #1 on our 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 78 ’s business economics degrees in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #2 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State is $16,845 for great lakes region business economics students with aid.

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%. 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 Economics at Ohio State

2
Northwestern crest
Northwestern University
Evanston, Illinois

Out of the 28 schools in the Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 49 ’s business economics degrees in 2020-2021.

Northwestern also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #1. It costs about $23,279 for great lakes region business economics students with aid per year to attend Northwestern University.

The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. 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.

Full Northwestern University Business Economics Report

3
Oakland crest
Oakland University
Rochester Hills, Michigan

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #3 for the Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid. Located in Rochester Hills, Michigan, this fairly large public school handed out 6 degrees to qualified ’s business economics students in 2020-2021.

Oakland also took the #12 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland University is $13,449 for great lakes region business economics students with aid.

The low undergrad student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Oakland University Business Economics Report

4

You’ll be in good company if you decide to attend Grand Valley State University. It ranked #4 on our 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. This large school is located in Allendale, Michigan, and it awarded 45 ’s business economics degrees in 2020-2021.

GVSU also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #11. The yearly cost to attend Grand Valley State University is $17,356 for great lakes region business economics students with aid.

The undergrad student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Full Grand Valley State University Business Economics Report

5
Saginaw Valley State University crest
Saginaw Valley State University
University Center, Michigan

You’ll be in good company if you decide to attend Saginaw Valley State University. It ranked #5 on our 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2020-2021, this school awarded 6 ’s business economics degrees to qualified students.

Saginaw Valley State University did well in our major quality rankings, too. It placed #20 on our “Best Business Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Saginaw Valley State University is $14,279 for great lakes region business economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.

Full Saginaw Valley State University Business Economics Report

6

Southern Illinois University Edwardsville ranked #6 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 16 ’s business economics degrees in 2020-2021.

SIUE also took the #25 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend SIUE is $14,462 for Great Lakes Region Business Economics students with aid.

Read full report on Business Economics at Southern Illinois University Edwardsville

7

Cleveland State University landed the #7 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Cleveland State University is a fairly large school located in Cleveland, Ohio that handed out 12 ’s business economics degrees in 2020-2021.

Cleveland State University also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #22. The estimated yearly cost for Cleveland State University is $16,943 for Great Lakes Region Business Economics students with aid.

Read more about Business Economics at Cleveland State University

8

Miami University - Oxford landed the #8 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Miami University - Oxford is located in Oxford, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 44 ’s business economics degrees to qualified students.

Miami University - Oxford did well in our major quality rankings, too. It placed #8 on our “Best Business Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Miami University - Oxford is $24,756 for Great Lakes Region Business Economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Read more about Business Economics at Miami University - Oxford

9

Wright State University - Main Campus landed the #9 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Wright State University - Main Campus is a fairly large public school situated in Dayton, Ohio. It awarded 18 ’s business economics degrees in 2020-2021.

It costs about $15,962 for Great Lakes Region Business Economics students with aid per year to attend Wright State University - Main Campus.

Read full report on Business Economics at Wright State University - Main Campus

10

Western Illinois University ranked #10 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. WIU is located in Macomb, Illinois and, has a medium-sized student population. In 2020-2021, this school awarded 6 ’s business economics degrees to qualified students.

It costs about $15,305 for great lakes region business economics students with aid per year to attend WIU.

Read more about Business Economics at Western Illinois University

11
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University ranked #11 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s business economics degrees to 5 students in 2020-2021.

It costs about $15,127 for great lakes region business economics students with aid per year to attend Eastern Michigan University.

Read more about Business Economics at Eastern Michigan

12
Aquinas College Michigan crest
Aquinas College Michigan
Grand Rapids, Michigan

With a ranking of #12, Aquinas College Michigan did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. This small school is located in Grand Rapids, Michigan, and it awarded 5 ’s business economics degrees in 2020-2021.

As a testament to the quality of education offered at Aquinas College Michigan, the school also landed the #16 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Aquinas College Michigan is $18,400 for great lakes region business economics students with aid.

The undergrad student loan default rate at the school is 4.1%, which is quite low when compared to the national default rate of 10.1%.

Full Aquinas College Michigan Business Economics Report

13
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois

Wheaton College Illinois came in at #13 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Wheaton, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 65 students in 2020-2021.

Wheaton College Illinois also took the #3 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $25,692 for great lakes region business economics students with aid per year to attend Wheaton College Illinois.

Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 0.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.

Read full report on Business Economics at Wheaton College Illinois

14

Ohio University - Athens Campus ranked #14 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Located in Athens, Ohio, this large public school awarded 19 degrees to qualified ’s business economics students in 2020-2021.

As a testament to the quality of education offered at OHIO Athens, the school also landed the #13 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend OHIO Athens is $23,831 for Great Lakes Region Business Economics students with aid.

Read more about Business Economics at OHIO Athens

15
Lewis crest
Lewis University
Romeoville, Illinois

Lewis University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking, coming in at #15. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 13 degrees to qualified ’s business economics students in 2020-2021.

Lewis did well in our major quality rankings, too. It placed #18 on our “Best Business Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Lewis is $19,074 for great lakes region business economics students with aid.

The undergrad student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business Economics at Lewis University

16
Northwood crest
Northwood University
Midland, Michigan

Northwood University landed the #16 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Northwood University is a small private not-for-profit school situated in Midland, Michigan. It awarded 5 ’s business economics degrees in 2020-2021.

Northwood not only placed well in this ranking. It is also #21 on our “Best Business Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Northwood University is $21,257 for Great Lakes Region Business Economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Business Economics at Northwood

17
Bradley crest
Bradley University
Peoria, Illinois

Bradley University landed the #17 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Bradley University is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 10 ’s degrees in 2020-2021.

In addition to being on our great lakes region business economics students with aid list, Bradley has also earned the #10 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $25,196 for Great Lakes Region Business Economics students with aid per year to attend Bradley.

The undergrad student loan default rate at the school is 2.5%, 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 86%.

Read full report on Business Economics at Bradley

18
Capital crest
Capital University
Columbus, Ohio

Capital University ranked #18 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Columbus, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 6 students in 2020-2021.

Capital also took the #17 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Capital University is $20,020 for Great Lakes Region Business Economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 4.1%, which is much lower than the national rate of 10.1%.

Full Capital University Business Economics Report

19
Cedarville crest
Cedarville University
Cedarville, Ohio

Cedarville University landed the #19 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Cedarville is a small private not-for-profit school situated in Cedarville, Ohio. It awarded 3 ’s business economics degrees in 2020-2021.

In addition to being on our great lakes region business economics students with aid list, Cedarville has also earned the #19 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Cedarville University is $22,817 for Great Lakes Region Business Economics students with aid.

With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students. 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%.

Read full report on Business Economics at Cedarville

20

University of Dayton did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking, coming in at #20. Dayton, Ohio is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 48 students in 2020-2021.

In addition to being on our great lakes region business economics students with aid list, UDayton has also earned the #4 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $29,928 for Great Lakes Region Business Economics students with aid per year to attend UDayton.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Full UDayton Business Economics Report

21
Carroll U crest
Carroll University
Waukesha, Wisconsin

Carroll University ranked #21 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Carroll U is a small private not-for-profit school situated in Waukesha, Wisconsin. It awarded 4 ’s business economics degrees in 2020-2021.

Carroll U did well in our major quality rankings, too. It placed #23 on our “Best Business Economics Schools in the Great Lakes Region” list. It costs about $22,987 for Great Lakes Region Business Economics students with aid per year to attend Carroll U.

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%.

Full Carroll University Business Economics Report

22
Xavier crest
Xavier University
Cincinnati, Ohio

Xavier University came in at #22 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Cincinnati, Ohio is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 15 students in 2020-2021.

In addition to being on our great lakes region business economics students with aid list, Xavier has also earned the #5 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Xavier University is $34,592 for Great Lakes Region Business Economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Read more about Business Economics at Xavier University

23

Ohio Wesleyan University ranked #23 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. Ohio Wesleyan University is a private not-for-profit institution located in Delaware, Ohio. The school has a small population, and it awarded 3 ’s degrees in 2020-2021.

OWU also took the #14 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $24,720 for great lakes region business economics students with aid per year to attend Ohio Wesleyan University.

The undergraduate 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. The undergrad student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business Economics at Ohio Wesleyan University

24
DePaul crest
DePaul University
Chicago, Illinois

DePaul University ranked #24 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid list. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 35 ’s business economics degrees in 2020-2021.

DePaul also took the #6 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $31,174 for great lakes region business economics students with aid per year to attend DePaul University.

The undergrad 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 Economics at DePaul University

25
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Benedictine University
Lisle, Illinois

Benedictine University landed the #25 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Getting Aid ranking. Lisle, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 5 students in 2020-2021.

Benedictine U also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #24. The estimated yearly cost for Benedictine U is $25,698 for Great Lakes Region Business Economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 4.9%, which is much lower than the national rate of 10.1%.

Full Benedictine University Business Economics Report

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