2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k
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 Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Finance is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2019-2020, 52,394 degrees were awarded to students with this major.
Across Michigan, there were 1,674 finance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 1,558 finance graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking looked at 24 colleges that offer degrees in a bachelor’s in finance. This ranking identifies schools with high-quality finance programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the finance program at the school. 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 Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k.
Top 24 Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in Michigan
Out of the 24 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan State University landed the #1 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 376 bachelors’s finance degrees in 2019-2020.
Michigan State also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #1. It costs about $6,686 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Michigan State University.
The school has an impressive 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 91%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Michigan Technological University is a medium-sized school located in Houghton, Michigan that handed out 19 bachelors’s finance degrees in 2019-2020.
Michigan Tech not only placed well in this ranking. It is also #4 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Michigan Technological University is $8,295 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Finance at Michigan Technological University
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 271 students in 2019-2020.
As a testament to the quality of education offered at GVSU, the school also landed the #2 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for GVSU is $11,578 for michigan bachelor’s degree finance students whose families make $0-$30k.
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 24 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Oakland University landed the #4 spot on the list. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 99 students in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #5 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $7,490 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Oakland.
Out of the 24 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Ferris State University landed the #5 spot on the list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 10 bachelors’s finance degrees in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #15 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Ferris is $7,207 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
University of Michigan - Dearborn landed the #6 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. UM Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 74 bachelors’s finance degrees to qualified students.
UM Dearborn also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #9. The yearly cost to attend University of Michigan - Dearborn is $6,751 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
The low student loan default rate of 4.5% 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%.
Read more about Finance at University of Michigan - Dearborn
University of Michigan - Flint ranked #7 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. UM Flint is a medium-sized public school situated in Flint, Michigan. It awarded 33 bachelors’s finance degrees in 2019-2020.
UM Flint also took the #19 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $7,955 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend UM Flint.
Central Michigan University ranked #8 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 90 bachelors’s degrees in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #7 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $11,598 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Central Michigan University.
Lake Superior State University ranked #9 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Lake Superior State University is a small school located in Sault Ste Marie, Michigan that handed out 10 bachelors’s finance degrees in 2019-2020.
Lake Superior State University did well in our major quality rankings, too. It placed #21 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $7,067 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Lake Superior State University.
With a ranking of #10, Albion College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Albion College is a small school located in Albion, Michigan that handed out 19 bachelors’s finance degrees in 2019-2020.
Albion also took the #11 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,032 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Albion College.
Wayne State University landed the #11 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 140 bachelors’s degrees in 2019-2020.
Wayne State also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #13. The yearly cost to attend Wayne State is $11,413 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
With a ranking of #12, Saginaw Valley State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 46 bachelors’s finance degrees in 2019-2020.
Saginaw Valley State University did well in our major quality rankings, too. It placed #17 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Saginaw Valley State University is $10,522 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Read full report on Finance at Saginaw Valley State University
Western Michigan University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #13. Western Michigan University is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 127 bachelors’s degrees in 2019-2020.
WMU also took the #6 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $13,021 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Western Michigan University.
Eastern Michigan University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #14. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 54 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $0-$30k list, Eastern Michigan has also earned the #20 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan University is $13,904 for michigan bachelor’s degree finance students whose families make $0-$30k.
Northwood University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #15. This small school is located in Midland, Michigan, and it awarded 58 bachelors’s finance degrees in 2019-2020.
Northwood also took the #8 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,573 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Northwood.
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.
Baker College came in at #16 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Located in Owosso, Michigan, this medium-sized private not-for-profit school handed out 14 diplomas to qualified bachelors’s finance students in 2019-2020.
Baker College not only placed well in this ranking. It is also #25 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Baker College is $13,376 for michigan bachelor’s degree finance students whose families make $0-$30k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Spring Arbor University came in at #17 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Spring Arbor is a small private not-for-profit school situated in Spring Arbor, Michigan. It awarded 4 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Spring Arbor, the school also landed the #18 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,962 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Spring Arbor.
Calvin University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #18. Calvin University is a small school located in Grand Rapids, Michigan that handed out 4 bachelors’s finance degrees in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #3 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Calvin is $21,344 for michigan bachelor’s degree finance students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 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.
Alma College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #19. Alma, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 9 students in 2019-2020.
Alma also took the #12 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Alma College is $18,060 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
With a ranking of #20, Cornerstone University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. This small school is located in Grand Rapids, Michigan, and it awarded 4 bachelors’s finance degrees in 2019-2020.
Cornerstone not only placed well in this ranking. It is also #23 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Cornerstone is $18,169 for michigan bachelor’s degree finance students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Davenport University landed the #21 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Davenport University is a medium-sized private not-for-profit school situated in Grand Rapids, Michigan. It awarded 30 bachelors’s finance degrees in 2019-2020.
Davenport University also took the #24 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Davenport University is $15,751 for michigan bachelor’s degree finance students whose families make $0-$30k.
Andrews University landed the #22 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Berrien Springs, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 7 students in 2019-2020.
As a testament to the quality of education offered at Andrews, the school also landed the #22 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Andrews is $16,868 for michigan bachelor’s degree finance students whose families make $0-$30k.
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 school has an impressive student loan default rate. It’s only 4.8%, 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.
Adrian College ranked #23 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Adrian College is located in Adrian, Michigan and, has a small student population. In 2019-2020, this school awarded 6 bachelors’s finance degrees to qualified students.
Adrian did well in our major quality rankings, too. It placed #14 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Adrian is $24,964 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
With a ranking of #24, Lawrence Technological University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Lawrence Technological University is a private not-for-profit institution located in Southfield, Michigan. The school has a small population, and it awarded 2 bachelors’s degrees in 2019-2020.
Lawrence Tech also took the #10 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $31,543 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Lawrence Technological University.
- Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k)
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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.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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