2022 Best Value Bachelor’s Degree Colleges for Finance (Income $48-$75k) in Michigan
When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking.
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.
For this year’s “Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking, we looked at 24 colleges that offer a degree in finance. Not only do the schools that top this list have excellent finance programs, but they also cost less that 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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One Size Does Not Fit All
The finance 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 Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k”.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k
The colleges and universities below are the best for michigan bachelor’s degree finance students whose families make $48-$75k.
Top 24 Best Value Bachelor’s Degree Colleges for Finance (Income $48-$75k) in Michigan
You’ll be in good company if you decide to attend Michigan Technological University. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Michigan Tech is located in Houghton, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 19 bachelors’s finance degrees to qualified students.
Michigan Tech did well in our major quality rankings, too. It placed #4 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Michigan Tech is $13,720 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
The low 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
You’ll be in good company if you decide to attend Oakland University. It ranked #2 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k 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.
Oakland also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #5. The estimated yearly cost for Oakland University is $10,387 for michigan bachelor’s degree finance students whose families make $48-$75k.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 74 students in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #9 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend University of Michigan - Dearborn is $10,553 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Out of the 24 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, Grand Valley State University landed the #4 spot on the list. This large school is located in Allendale, Michigan, and it awarded 271 bachelors’s finance degrees 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. It costs about $15,775 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k per year to attend GVSU.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Read full report on Finance at Grand Valley State University
Out of the 24 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, Michigan State University landed the #5 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. The yearly cost to attend Michigan State University is $20,696 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
The low 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
With a ranking of #6, Wayne State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. This large school is located in Detroit, Michigan, and it awarded 140 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $48-$75k list, Wayne State has also earned the #13 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Wayne State is $13,668 for michigan bachelor’s degree finance students whose families make $48-$75k.
Albion College came in at #7 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Located in Albion, Michigan, this small private not-for-profit school handed out 19 diplomas to qualified bachelors’s finance students in 2019-2020.
Albion also took the #11 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,499 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Albion.
Central Michigan University landed the #8 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Central Michigan is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 90 bachelors’s finance degrees to qualified students.
Central Michigan also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #7. The yearly cost to attend Central Michigan is $14,591 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
Ferris State University came in at #9 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. 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. It costs about $14,101 for michigan bachelor’s degree finance students whose families make $48-$75k per year to attend Ferris.
University of Michigan - Flint ranked #10 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. University of Michigan - Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 33 bachelors’s finance degrees to qualified students.
As a testament to the quality of education offered at UM Flint, the school also landed the #19 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $13,343 for michigan bachelor’s degree finance students whose families make $48-$75k per year to attend University of Michigan - Flint.
With a ranking of #11, Saginaw Valley State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 46 bachelors’s finance degrees to qualified students.
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. It costs about $14,230 for michigan bachelor’s degree finance students whose families make $48-$75k per year to attend Saginaw Valley State University.
Eastern Michigan University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #12. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 54 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #20 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Eastern Michigan is $16,042 for michigan bachelor’s degree finance students whose families make $48-$75k.
Lake Superior State University ranked #13 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. This small school is located in Sault Ste Marie, Michigan, and it awarded 10 bachelors’s finance degrees in 2019-2020.
Lake Superior State University not only placed well in this ranking. It is also #21 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $13,073 for michigan bachelor’s degree finance students whose families make $48-$75k per year to attend Lake Superior State University.
Baker College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #14. Located in Owosso, Michigan, this medium-sized private not-for-profit school awarded 14 diplomas to qualified bachelors’s finance students in 2019-2020.
Baker College also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #25. It costs about $15,933 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Baker College.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Northwood University ranked #15 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Located in Midland, Michigan, this small private not-for-profit school awarded 58 degrees to qualified bachelors’s finance students in 2019-2020.
Northwood also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #8. It costs about $20,968 for michigan bachelor’s degree finance students whose families make $48-$75k per year to attend Northwood University.
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.
Western Michigan University ranked #16 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Located in Kalamazoo, Michigan, this fairly large public school handed out 127 degrees to qualified bachelors’s finance students in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #6 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for WMU is $19,841 for michigan bachelor’s degree finance students whose families make $48-$75k.
Calvin University landed the #17 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Calvin University is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $48-$75k list, Calvin has also earned the #3 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Calvin is $23,773 for michigan bachelor’s degree finance students whose families make $48-$75k.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Spring Arbor University came in at #18 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Located in Spring Arbor, Michigan, this small private not-for-profit school handed out 4 diplomas to qualified bachelors’s finance students in 2019-2020.
Spring Arbor not only placed well in this ranking. It is also #18 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Spring Arbor University is $18,662 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
Alma College came in at #19 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Alma is a private not-for-profit institution located in Alma, Michigan. The school has a small population, and it awarded 9 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Alma, the school also landed the #12 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $21,670 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Alma.
Cornerstone University landed the #20 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 4 degrees to qualified bachelors’s finance students in 2019-2020.
Cornerstone also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #23. It costs about $19,973 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Cornerstone.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Adrian College landed the #21 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Adrian College is a private not-for-profit institution located in Adrian, Michigan. The school has a small population, and it awarded 6 bachelors’s degrees in 2019-2020.
Adrian not only placed well in this ranking. It is also #14 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Adrian College is $23,750 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
Andrews University ranked #22 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. This small school is located in Berrien Springs, Michigan, and it awarded 7 bachelors’s finance degrees 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 $20,399 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 4.8% 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 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.
Davenport University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #23. This medium-sized school is located in Grand Rapids, Michigan, and it awarded 30 bachelors’s finance degrees in 2019-2020.
Davenport University not only placed well in this ranking. It is also #24 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Davenport University is $20,172 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
Lawrence Technological University came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Southfield, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 2 students in 2019-2020.
Lawrence Tech also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #10. The yearly cost to attend Lawrence Technological University is $32,036 for Michigan Bachelor’s Degree Finance students whose families make $48-$75k.
- Best Value Bachelor’s Degree Colleges for Finance (Income $48-$75k) in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Finance (Income $48-$75k)
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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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