2022 Best Value Business Economics Schools for a Master’s in the Great Lakes Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 for a Master’s in the Great Lakes Region” ranking - to help you make that decision.

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 master’s degree level specifically, there were 13 business economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Business Economics Schools for a Master’s in the Great Lakes Region” ranking analyzed 2 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. For more information, check out our ranking methodology.

More Ways to Rank Business Economics Schools

The business economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Business Economics Schools for a Master’s in the Great Lakes Region”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Business Economics Schools for a Master’s in the Great Lakes Region

The following schools top our list of the Best Best Value Business Economics Schools for a Master’s in the Great Lakes Region.

Top 2 Best Value Master’s Degree Colleges for Business Economics in the Great Lakes Region

#1

Xavier University

Cincinnati, Ohio

#2 in overall quality

$12,076 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Xavier University. It ranked #1 on our 2022 Best Value Business Economics Schools for a Master’s in the Great Lakes Region list. Xavier University is a medium-sized school located in Cincinnati, Ohio that handed out 7 masters’s business economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business economics students list, Xavier has also earned the #2 rank in our “Best Business Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Xavier University are $12,076.

Read full report on Business Economics at Xavier University

#2

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

Out of the 2 schools in the Best Value Business Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern University is a large school located in Evanston, Illinois that handed out 5 masters’s business economics degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Business Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read more about Business Economics at Northwestern University

• Best Value Master’s Degree Colleges for Business Economics

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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