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2023 Best Value Colleges for Business/Managerial Economics (Income $48-$75k) in the Great Lakes Region

28 Ranked Colleges
642 Degrees Awarded
Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2020-2021, 5,667 people earned their degree in business/managerial economics, making the major the 119th most popular in the United States. In 2019-2020, business/managerial economics graduates who were awarded their degree in 2017-2019, earned an average of $47,707 and had an average of $21,691 in loans still to pay off.

Across the Great Lakes region, there were 642 business/managerial economics graduates with average earnings and debt of $47,740 and $22,514 respectively.

For this year’s “Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k” ranking, we looked at 28 colleges that offer a degree in business/managerial economics. Not only do the schools that top this list have excellent business/managerial 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/managerial 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.

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The managerial 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 Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k”.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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

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

Top 25 Best Value Colleges for Business/Managerial Economics (Income $48-$75k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Northwestern is a large school located in Evanston, Illinois that handed out 49 ’s managerial economics degrees in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $48-$75k list, Northwestern has also earned the #1 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwestern is $5,849 for Great Lakes Region Managerial Economics students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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 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%.

Full Northwestern Business/Managerial Economics Report

2

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #2 for the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k. Ohio State is a large school located in Columbus, Ohio that handed out 78 ’s managerial economics degrees in 2020-2021.

Ohio State not only placed well in this ranking. It is also #2 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Ohio State University - Main Campus is $13,273 for Great Lakes Region Managerial Economics 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 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%.

Read full report on Business/Managerial Economics at Ohio State

3
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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 Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 6 ’s degrees in 2020-2021.

Oakland also took the #12 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland University is $12,008 for great lakes region managerial economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business/Managerial Economics at Oakland

4
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois

You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #4 for the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k. Wheaton College Illinois is a small private not-for-profit school situated in Wheaton, Illinois. It awarded 65 ’s managerial economics degrees in 2020-2021.

Wheaton College Illinois did well in our major quality rankings, too. It placed #3 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $18,373 for great lakes region managerial economics students whose families make $48-$75k per year to attend Wheaton College Illinois.

The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at Wheaton College Illinois

5

You’ll be in good company if you decide to attend Grand Valley State University. It ranked #5 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out ’s managerial economics degrees to 45 students in 2020-2021.

GVSU also took the #11 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Grand Valley State University is $15,277 for great lakes region managerial economics students whose families make $48-$75k.

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%.

Read more about Business/Managerial Economics at GVSU

6
Saginaw Valley State University crest
Saginaw Valley State University
University Center, Michigan

Saginaw Valley State University ranked #6 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Located in University Center, Michigan, this medium-sized public school awarded 6 degrees to qualified ’s managerial economics students in 2020-2021.

Saginaw Valley State University also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #20. The estimated yearly cost for Saginaw Valley State University is $14,265 for great lakes region managerial economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Full Saginaw Valley State University Business/Managerial Economics Report

7

Southern Illinois University Edwardsville came in at #7 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Southern Illinois University Edwardsville is located in Edwardsville, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 16 ’s managerial economics degrees to qualified students.

As a testament to the quality of education offered at SIUE, the school also landed the #25 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $12,950 for great lakes region managerial economics students whose families make $48-$75k per year to attend SIUE.

Full Southern Illinois University Edwardsville Business/Managerial Economics Report

8
Lewis crest
Lewis University
Romeoville, Illinois

Lewis University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #8. Lewis University is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 13 ’s managerial economics degrees in 2020-2021.

As a testament to the quality of education offered at Lewis, the school also landed the #18 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Lewis is $17,336 for great lakes region managerial economics students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.

Read more about Business/Managerial Economics at Lewis University

9

University of Dayton landed the #9 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. This fairly large school is located in Dayton, Ohio, and it awarded 48 ’s managerial economics degrees in 2020-2021.

UDayton also took the #4 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $25,633 for Great Lakes Region Managerial Economics students whose families make $48-$75k per year to attend University of Dayton.

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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.

Read more about Business/Managerial Economics at UDayton

10
Aquinas College Michigan crest
Aquinas College Michigan
Grand Rapids, Michigan

Aquinas College Michigan ranked #10 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 5 degrees to qualified ’s managerial economics students in 2020-2021.

Aquinas College Michigan did well in our major quality rankings, too. It placed #16 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $15,306 for Great Lakes Region Managerial Economics students whose families make $48-$75k per year to attend Aquinas College Michigan.

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 Aquinas College Michigan Business/Managerial Economics Report

11

With a ranking of #11, Western Illinois University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. WIU is a medium-sized school located in Macomb, Illinois that handed out 6 ’s managerial economics degrees in 2020-2021.

The estimated yearly cost for Western Illinois University is $15,794 for Great Lakes Region Managerial Economics students whose families make $48-$75k.

Read more about Business/Managerial Economics at WIU

12
Bradley crest
Bradley University
Peoria, Illinois

Bradley University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. Located in Peoria, Illinois, this medium-sized private not-for-profit school handed out 10 diplomas to qualified ’s managerial economics students in 2020-2021.

Bradley also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #10. The estimated yearly cost for Bradley University is $23,286 for Great Lakes Region Managerial Economics students whose families make $48-$75k.

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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students.

Read full report on Business/Managerial Economics at Bradley

13

Miami University - Oxford landed the #13 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Miami University - Oxford is a fairly large school located in Oxford, Ohio that handed out 44 ’s managerial economics degrees in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $48-$75k list, Miami University - Oxford has also earned the #8 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Miami University - Oxford is $23,513 for Great Lakes Region Managerial Economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default 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 full report on Business/Managerial Economics at Miami University - Oxford

14
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University came in at #14 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Ypsilanti, Michigan, this fairly large public school handed out 5 diplomas to qualified ’s managerial economics students in 2020-2021.

It costs about $14,547 for great lakes region managerial economics students whose families make $48-$75k per year to attend Eastern Michigan University.

Full Eastern Michigan Business/Managerial Economics Report

15

With a ranking of #15, Wright State University - Main Campus did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Wright State University - Main Campus is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 18 ’s degrees in 2020-2021.

The estimated yearly cost for Wright State University - Main Campus is $16,871 for Great Lakes Region Managerial Economics students whose families make $48-$75k.

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

16

With a ranking of #16, Cleveland State University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Cleveland, Ohio, and it awarded 12 ’s managerial economics degrees in 2020-2021.

Cleveland State University not only placed well in this ranking. It is also #22 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $18,468 for great lakes region managerial economics students whose families make $48-$75k per year to attend Cleveland State University.

Read more about Business/Managerial Economics at Cleveland State University

17
Cedarville crest
Cedarville University
Cedarville, Ohio

With a ranking of #17, Cedarville University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Cedarville University is a private not-for-profit institution located in Cedarville, Ohio. The school has a small population, and it awarded 3 ’s degrees in 2020-2021.

Cedarville not only placed well in this ranking. It is also #19 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The yearly cost to attend Cedarville University is $19,056 for great lakes region managerial economics students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. 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/Managerial Economics at Cedarville

18
Hope crest
Hope College
Holland, Michigan

Hope College did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #18. Hope is a private not-for-profit institution located in Holland, Michigan. The school has a small population, and it awarded 5 ’s degrees in 2020-2021.

Hope did well in our major quality rankings, too. It placed #15 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $22,669 for Great Lakes Region Managerial Economics students whose families make $48-$75k per year to attend Hope College.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Full Hope College Business/Managerial Economics Report

19

Ohio University - Athens Campus came in at #19 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Ohio University - Athens Campus is a public institution located in Athens, Ohio. The school has a large population, and it awarded 19 ’s degrees in 2020-2021.

OHIO Athens also took the #13 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio University - Athens Campus is $23,509 for great lakes region managerial economics students whose families make $48-$75k.

Full OHIO Athens Business/Managerial Economics Report

20
Marquette crest
Marquette University
Milwaukee, Wisconsin

With a ranking of #20, Marquette University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 30 ’s degrees in 2020-2021.

Marquette also took the #7 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Marquette University is $25,377 for great lakes region managerial economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 1.5%, which is quite low when compared to the national default 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.

Full Marquette Business/Managerial Economics Report

21
Capital crest
Capital University
Columbus, Ohio

Capital University ranked #21 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Capital is located in Columbus, Ohio and, has a small student population. In 2020-2021, this school awarded 6 ’s managerial economics degrees to qualified students.

Capital did well in our major quality rankings, too. It placed #17 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The yearly cost to attend Capital University is $19,203 for great lakes region managerial economics students whose families make $48-$75k.

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/Managerial Economics Report

22

Ohio Wesleyan University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #22. Delaware, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s managerial economics degrees to 3 students in 2020-2021.

OWU also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #14. The yearly cost to attend OWU is $21,275 for great lakes region managerial economics students whose families make $48-$75k.

The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low undergrad student loan default rate of 3.3% 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/Managerial Economics at OWU

23
Northwood crest
Northwood University
Midland, Michigan

With a ranking of #23, Northwood University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Northwood University is a private not-for-profit institution located in Midland, Michigan. The school has a small population, and it awarded 5 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Northwood, the school also landed the #21 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $19,573 for great lakes region managerial economics students whose families make $48-$75k per year to attend Northwood.

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. The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at Northwood University

24
Carroll U crest
Carroll University
Waukesha, Wisconsin

Carroll University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #24. Located in Waukesha, Wisconsin, this small private not-for-profit school handed out 4 diplomas to qualified ’s managerial economics students in 2020-2021.

Carroll U not only placed well in this ranking. It is also #23 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $22,237 for great lakes region managerial economics students whose families make $48-$75k per year to attend Carroll University.

The low undergrad student loan default rate of 2.3% 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/Managerial Economics at Carroll U

25
DePaul crest
DePaul University
Chicago, Illinois

With a ranking of #25, DePaul University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s managerial economics degrees to 35 students in 2020-2021.

DePaul did well in our major quality rankings, too. It placed #6 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $28,577 for Great Lakes Region Managerial Economics students whose families make $48-$75k per year to attend DePaul.

The low undergrad 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%.

Full DePaul University Business/Managerial Economics Report

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