2022 Best Value Finance Schools in Michigan 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 was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Finance Schools in Michigan For Those Making $48-$75k” ranking is part of that endeavor.
With 52,394 degrees handed out in 2019-2020, finance is the 10th most popular major in the United States.
Across Michigan, there were 1,674 finance graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Finance Schools in Michigan For Those Making $48-$75k” ranking looked at 25 colleges that offer degrees in a bachelor’s 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.
Some of the factors we look at when determining these rankings are overall quality of the finance program at the school and the cost of the school after aid is awarded among other things. 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 in Michigan For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Finance Schools in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Finance Schools in Michigan For Those Making $48-$75k.
Top 25 Best Value Colleges for Finance (Income $48-$75k) in Michigan
Out of the 25 schools in the Best Value Finance Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Michigan Technological University landed the #1 spot on the list. This medium-sized school is located in Houghton, Michigan, and it awarded 19 ’s finance degrees in 2019-2020.
Michigan Tech also took the #4 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $13,720 for michigan 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%.
Out of the 25 schools in the Best Value Finance Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Oakland University landed the #2 spot on the list. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 102 ’s degrees in 2019-2020.
Oakland did well in our major quality rankings, too. It placed #5 on our “Best Finance Schools in Michigan” list. The yearly cost to attend Oakland University is $10,387 for michigan finance students whose families make $48-$75k.
Out of the 25 schools in the Best Value Finance Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Grand Valley State University landed the #3 spot on the list. This large school is located in Allendale, Michigan, and it awarded 271 ’s finance degrees in 2019-2020.
GVSU did well in our major quality rankings, too. It placed #2 on our “Best Finance Schools in Michigan” list. The yearly cost to attend GVSU is $15,775 for Michigan Finance students whose families make $48-$75k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #4 on our 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k list. University of Michigan - Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 91 ’s degrees in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #10 on our “Best Finance Schools in Michigan” list. The estimated yearly cost for University of Michigan - Dearborn is $10,553 for Michigan 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 25 schools in the Best Value Finance Schools 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 408 ’s finance degrees in 2019-2020.
Michigan State not only placed well in this ranking. It is also #1 on our “Best Finance Schools in Michigan” list. The yearly cost to attend Michigan State is $20,696 for Michigan Finance students whose families make $48-$75k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Wayne State University came in at #6 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Located in Detroit, Michigan, this large public school handed out 140 degrees to qualified ’s finance students in 2019-2020.
Wayne State also made our “Best Finance Schools in Michigan” list, coming in at #13. The yearly cost to attend Wayne State University is $13,668 for michigan finance students whose families make $48-$75k.
Albion College came in at #7 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Albion College is a small school located in Albion, Michigan that handed out 19 ’s finance degrees in 2019-2020.
Albion also made our “Best Finance Schools in Michigan” list, coming in at #11. The yearly cost to attend Albion College is $14,499 for michigan finance students whose families make $48-$75k.
Central Michigan University landed the #8 spot on the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Located in Mount Pleasant, Michigan, this fairly large public school handed out 90 degrees to qualified ’s finance students in 2019-2020.
Central Michigan also took the #7 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Central Michigan University is $14,591 for michigan finance students whose families make $48-$75k.
Ferris State University ranked #9 on this year’s Best Value Finance Schools in Michigan For Those Making $48-$75k list. This fairly large school is located in Big Rapids, Michigan, and it awarded 10 ’s finance degrees in 2019-2020.
Ferris also took the #16 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Ferris is $14,101 for Michigan Finance students whose families make $48-$75k.
University of Michigan - Flint came in at #10 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. University of Michigan - Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 33 ’s finance degrees to qualified students.
UM Flint also made our “Best Finance Schools in Michigan” list, coming in at #19. The yearly cost to attend UM Flint is $13,343 for Michigan Finance students whose families make $48-$75k.
Saginaw Valley State University ranked #11 on this year’s Best Value Finance Schools 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 ’s finance degrees to qualified students.
As a testament to the quality of education offered at Saginaw Valley State University, the school also landed the #17 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Saginaw Valley State University is $14,230 for michigan finance students whose families make $48-$75k.
Macomb Community College did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k ranking, coming in at #12. Warren, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 1 students in 2019-2020.
Macomb Community College not only placed well in this ranking. It is also #24 on our “Best Finance Schools in Michigan” list.
Eastern Michigan University ranked #13 on this year’s Best Value Finance Schools in Michigan For Those Making $48-$75k list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 74 students 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 Schools in Michigan” ranking. The yearly cost to attend Eastern Michigan University is $16,042 for michigan finance students whose families make $48-$75k.
With a ranking of #14, Lake Superior State University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k list. This small school is located in Sault Ste Marie, Michigan, and it awarded 10 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Lake Superior State University, the school also landed the #21 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Lake Superior State University is $13,073 for michigan finance students whose families make $48-$75k.
Baker College came in at #15 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Baker College is a private not-for-profit institution located in Owosso, Michigan. The school has a medium-sized population, and it awarded 14 ’s degrees in 2019-2020.
It costs about $15,933 for michigan finance students whose families make $48-$75k per year to attend Baker College.
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.
Northwood University came in at #16 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Northwood University is a private not-for-profit institution located in Midland, Michigan. The school has a small population, and it awarded 58 ’s degrees in 2019-2020.
Northwood also took the #8 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Northwood is $20,968 for michigan finance students whose families make $48-$75k.
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 landed the #17 spot on the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Western Michigan University is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 127 ’s degrees in 2019-2020.
In addition to being on our michigan finance students whose families make $48-$75k list, WMU has also earned the #6 rank in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for WMU is $19,841 for michigan finance students whose families make $48-$75k.
Calvin University came in at #18 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Calvin is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 4 ’s finance degrees to qualified students.
In addition to being on our michigan finance students whose families make $48-$75k list, Calvin has also earned the #3 rank in our “Best Finance Schools in Michigan” ranking. It costs about $23,773 for michigan finance students whose families make $48-$75k per year to attend Calvin University.
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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Spring Arbor University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k ranking, coming in at #19. Spring Arbor University is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 4 ’s degrees in 2019-2020.
Spring Arbor also made our “Best Finance Schools in Michigan” list, coming in at #18. The estimated yearly cost for Spring Arbor University is $18,662 for Michigan Finance students whose families make $48-$75k.
With a ranking of #20, Alma College did quite well on the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k list. Located in Alma, Michigan, this small private not-for-profit school awarded 9 degrees to qualified ’s finance students in 2019-2020.
Alma also took the #12 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Alma is $21,670 for Michigan Finance students whose families make $48-$75k.
Cornerstone University came in at #21 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 13 students in 2019-2020.
As a testament to the quality of education offered at Cornerstone, the school also landed the #23 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Cornerstone is $19,973 for michigan finance students whose families make $48-$75k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
With a ranking of #22, Adrian College did quite well on the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k list. This small school is located in Adrian, Michigan, and it awarded 6 ’s finance degrees in 2019-2020.
In addition to being on our michigan finance students whose families make $48-$75k list, Adrian has also earned the #15 rank in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Adrian is $23,750 for michigan finance students whose families make $48-$75k.
With a ranking of #23, Andrews University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Making $48-$75k list. Located in Berrien Springs, Michigan, this small private not-for-profit school awarded 7 diplomas to qualified ’s finance students in 2019-2020.
In addition to being on our michigan finance students whose families make $48-$75k list, Andrews has also earned the #22 rank in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Andrews University is $20,399 for michigan finance students whose families make $48-$75k.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%.
Davenport University came in at #24 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $48-$75k ranking. Davenport University is a medium-sized private not-for-profit school situated in Grand Rapids, Michigan. It awarded 41 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Davenport University, the school also landed the #25 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Davenport University is $20,172 for Michigan Finance students whose families make $48-$75k.
Lawrence Technological University ranked #25 on this year’s Best Value Finance Schools in Michigan For Those Making $48-$75k list. Lawrence Technological University is located in Southfield, Michigan and, has a small student population. In 2019-2020, this school awarded 2 ’s finance degrees to qualified students.
Lawrence Tech not only placed well in this ranking. It is also #9 on our “Best Finance Schools in Michigan” list. It costs about $32,036 for michigan finance students whose families make $48-$75k per year to attend Lawrence Technological University.
Read full report on Finance at Lawrence Technological University
- Best Value Colleges for Finance (Income $48-$75k) in the Great Lakes Region
- Best Value 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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