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2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid

31 Ranked Colleges
633 Degrees Awarded
$19,200 Avg Net Price*
Best Value Managerial Economics Schools for a Bachelor's in the Great Lakes Region For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking is part of that endeavor.

In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.

Across the Great Lakes region, there were 687 business/managerial economics graduates with average earnings and debt of $48,920 and $23,454 respectively. At the bachelor’s degree level specifically, there were 633 business/managerial economics graduates with average earnings and debt of $39,075 and $25,381 respectively.

For this year’s “Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 31 colleges that offer a degree in business/managerial economics. This ranking identifies schools with high-quality business/managerial economics programs that also have a lower cost than 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. Check out our ranking methodology for more information.

More Ways to Rank Business/Managerial Economics Schools

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 for a Bachelor’s in the Great Lakes Region For Those Getting Aid”.

You can create your own custom comparison that focuses on the factors most important to you using our 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 Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid

The following schools top our list of the Best Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid.

Top 25 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region (With Aid)

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #1 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. This large school is located in Columbus, Ohio, and it awarded 91 bachelors’s managerial economics degrees in 2019-2020.

Ohio State also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. The estimated yearly cost for Ohio State University - Main Campus is $17,616 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Ohio State Business/Managerial Economics Report

Out of the 31 schools in the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #2 spot on the list. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 34 bachelors’s managerial 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/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Southern Illinois University Edwardsville is $14,423 for great lakes region bachelor’s degree managerial economics students with aid.

Read more about Business/Managerial Economics at Southern Illinois University Edwardsville

#3

Grand Valley State University

Allendale, Michigan

You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #3 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Grand Valley State University is a large school located in Allendale, Michigan that handed out 55 bachelors’s managerial economics degrees in 2019-2020.

GVSU also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #9. The estimated yearly cost for Grand Valley State University is $17,646 for great lakes region bachelor’s degree managerial economics students with aid.

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%.

Read full report on Business/Managerial Economics at GVSU

#4

Oakland University

Rochester Hills, Michigan
#19 in overall quality

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 4 bachelors’s degrees in 2019-2020.

Oakland also took the #19 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland University is $11,802 for great lakes region bachelor’s degree managerial economics students with aid.

Full Oakland University Business/Managerial Economics Report

#5

Youngstown State University

Youngstown, Ohio

You’ll join some of the best and brightest minds around if you attend Youngstown State University. The school came in at #5 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. 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.

The yearly cost to attend Youngstown State University is $11,947 for great lakes region bachelor’s degree managerial economics students with aid.

Read more about Business/Managerial Economics at Youngstown State University

#25 in overall quality

With a ranking of #6, Wright State University - Main Campus did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Dayton, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 24 students in 2019-2020.

In addition to being on our great lakes region bachelor’s degree managerial economics students with aid list, Wright State University - Main Campus has also earned the #25 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Wright State University - Main Campus is $16,823 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

Full Wright State University - Main Campus Business/Managerial Economics Report

#7

Saginaw Valley State University

University Center, Michigan

Saginaw Valley State University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #7. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 6 students in 2019-2020.

The yearly cost to attend Saginaw Valley State University is $14,248 for great lakes region bachelor’s degree managerial economics students with aid.

Read full report on Business/Managerial Economics at Saginaw Valley State University

#8

Western Illinois University

Macomb, Illinois
#24 in overall quality

Western Illinois University came in at #8 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. WIU is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 4 bachelors’s 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/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Western Illinois University is $16,210 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

Read full report on Business/Managerial Economics at WIU

#23 in overall quality

Southern Illinois University Carbondale did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #9. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 5 students in 2019-2020.

SIUC did well in our major quality rankings, too. It placed #23 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $16,945 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid per year to attend SIUC.

Read full report on Business/Managerial Economics at Southern Illinois University Carbondale

#10

Eastern Michigan University

Ypsilanti, Michigan

Eastern Michigan University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #10. Eastern Michigan is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 4 bachelors’s degrees in 2019-2020.

The yearly cost to attend Eastern Michigan University is $15,924 for great lakes region bachelor’s degree managerial economics students with aid.

Full Eastern Michigan University Business/Managerial Economics Report

#11

Cleveland State University

Cleveland, Ohio

Cleveland State University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #11. This fairly large school is located in Cleveland, Ohio, and it awarded 13 bachelors’s managerial economics degrees in 2019-2020.

It costs about $17,278 for great lakes region bachelor’s degree managerial economics students with aid per year to attend Cleveland State University.

Read full report on Business/Managerial Economics at Cleveland State University

#12

Lewis University

Romeoville, Illinois
#15 in overall quality

Lewis University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #12. Lewis is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 11 bachelors’s degrees in 2019-2020.

Lewis also took the #15 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $18,664 for great lakes region bachelor’s degree managerial economics students with aid per year to attend Lewis.

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%.

Read more about Business/Managerial Economics at Lewis

#13

Wheaton College Illinois

Wheaton, Illinois

Wheaton College Illinois ranked #13 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. This small school is located in Wheaton, Illinois, and it awarded 66 bachelors’s managerial economics degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree managerial economics students with aid list, Wheaton College Illinois has also earned the #1 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Wheaton College Illinois is $25,358 for great lakes region bachelor’s degree managerial economics students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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 more about Business/Managerial Economics at Wheaton College Illinois

Miami University - Oxford landed the #14 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Oxford, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 44 students in 2019-2020.

Miami University - Oxford also took the #6 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Miami University - Oxford is $24,323 for great lakes region bachelor’s degree managerial economics students with aid.

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/Managerial Economics at Miami University - Oxford

#15

Capital University

Columbus, Ohio

With a ranking of #15, Capital University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s 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 bachelors’s managerial economics degrees to 12 students in 2019-2020.

In addition to being on our great lakes region bachelor’s degree managerial economics students with aid list, Capital has also earned the #20 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Capital is $22,642 for great lakes region bachelor’s degree managerial economics students with aid.

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

Read more about Business/Managerial Economics at Capital University

Kent State University at Kent ranked #16 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Kent State is located in Kent, Ohio and, has a large student population. In 2019-2020, this school awarded 2 bachelors’s managerial economics degrees to qualified students.

The yearly cost to attend Kent State University at Kent is $18,885 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

Read full report on Business/Managerial Economics at Kent State

#17

Beloit College

Beloit, Wisconsin

Beloit College came in at #17 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in Beloit, Wisconsin, this small private not-for-profit school handed out 20 diplomas to qualified bachelors’s managerial economics students in 2019-2020.

As a testament to the quality of education offered at Beloit, the school also landed the #8 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Beloit College is $11,433 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

The low student loan default rate of 1.9% 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%. 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 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.

Full Beloit Business/Managerial Economics Report

#18

University of Indianapolis

Indianapolis, Indiana

University of Indianapolis landed the #18 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in Indianapolis, Indiana, this medium-sized private not-for-profit school awarded 2 degrees to qualified bachelors’s managerial economics students in 2019-2020.

The estimated yearly cost for UIndy is $20,512 for great lakes region bachelor’s degree managerial economics students with aid.

Full UIndy Business/Managerial Economics Report

#19

Northwood University

Midland, Michigan
#21 in overall quality

Northwood University ranked #19 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Northwood University is a small school located in Midland, Michigan that handed out 1 bachelors’s managerial economics degrees in 2019-2020.

Northwood also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #21. The yearly cost to attend Northwood University is $21,618 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Business/Managerial Economics at Northwood University

#20

Bradley University

Peoria, Illinois
#10 in overall quality

Bradley University came in at #20 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 6 students in 2019-2020.

Bradley not only placed well in this ranking. It is also #10 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $25,634 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid per year to attend Bradley University.

The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read full report on Business/Managerial Economics at Bradley University

#21

Carroll University

Waukesha, Wisconsin
#17 in overall quality

Carroll University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #21. This small school is located in Waukesha, Wisconsin, and it awarded 1 bachelors’s managerial economics degrees in 2019-2020.

Carroll U did well in our major quality rankings, too. It placed #17 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $23,355 for great lakes region bachelor’s degree managerial economics students with aid per year to attend Carroll U.

The low student loan default rate of 3.2% 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 Carroll U

#22

Cedarville University

Cedarville, Ohio
#14 in overall quality

Cedarville University landed the #22 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Cedarville University is located in Cedarville, Ohio and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s managerial economics degrees to qualified students.

Cedarville did well in our major quality rankings, too. It placed #14 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Cedarville University is $21,727 for great lakes region bachelor’s degree managerial economics students with aid.

With a freshman retention rate of 88%, the school does an excellent job of retaining its students. The low student loan default rate of 2.0% 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 Cedarville University

Ohio University - Athens Campus did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #23. Ohio University - Athens Campus is a public institution located in Athens, Ohio. The school has a large population, and it awarded 17 bachelors’s degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree managerial economics students with aid list, OHIO Athens has also earned the #18 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio University - Athens Campus is $22,906 for Great Lakes Region Bachelor’s Degree Managerial Economics students with aid.

Full OHIO Athens Business/Managerial Economics Report

#24

Ohio Wesleyan University

Delaware, Ohio

Ohio Wesleyan University landed the #24 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Delaware, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 10 students in 2019-2020.

OWU not only placed well in this ranking. It is also #12 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend OWU is $25,294 for great lakes region bachelor’s degree managerial economics students with aid.

The impressive 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 student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business/Managerial Economics at OWU

#25

Hope College

Holland, Michigan
#7 in overall quality

Hope College did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #25. Holland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 10 students in 2019-2020.

Hope did well in our major quality rankings, too. It placed #7 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Hope College is $26,562 for great lakes region bachelor’s degree managerial economics students with aid.

The low student loan default rate of 2.1% 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Business/Managerial Economics at Hope College

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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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