2022 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $0-$30k) in the Great Lakes Region
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 the Great Lakes Region For Those Making $0-$30k” ranking.
In 2019-2020, 57,893 people earned their degree in finance and financial management, making the major the 14th most popular in the United States. In 2017-2018, finance and financial management graduates who were awarded their degree in 2015-2017, earned an average of $51,578 and had an average of $26,517 in loans still to pay off.
Across the Great Lakes region, there were 9,731 finance and financial management graduates with average earnings and debt of $49,693 and $25,751 respectively. At the bachelor’s degree level specifically, there were 8,740 finance and financial management graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 122 colleges that offer degrees in a bachelor’s in finance and financial management. This ranking identifies schools with high-quality finance and financial management 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 and financial management program at the school. See our ranking methodology to learn more.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” list, to help you choose the best school for you.
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. 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 the Great Lakes Region For Those Making $0-$30k
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $0-$30k) in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #1 for the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 404 students in 2019-2020.
UW - Madison also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #3. The estimated yearly cost for UW - Madison is $4,367 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at University of Wisconsin - Madison
Out of the 122 schools in the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 235 bachelors’s finance degrees in 2019-2020.
Notre Dame also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. The estimated yearly cost for University of Notre Dame is $12,498 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The low student loan default rate of 0.7% 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 Finance & Financial Management at Notre Dame
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 256 bachelors’s finance degrees to qualified students.
UIUC also took the #2 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $5,477 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k per year to attend UIUC.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read full report on Finance & Financial Management at University of Illinois at Urbana-Champaign
You’ll be in good company if you decide to attend Michigan State University. It ranked #4 on our 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Michigan State University is a large public school situated in East Lansing, Michigan. It awarded 376 bachelors’s finance degrees in 2019-2020.
Michigan State also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #4. The yearly cost to attend Michigan State University is $6,686 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. 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%.
Full Michigan State University Finance & Financial Management Report
You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Purdue University - Main Campus is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 238 bachelors’s degrees in 2019-2020.
Purdue did well in our major quality rankings, too. It placed #8 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Purdue University - Main Campus is $5,483 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Ohio State University - Main Campus landed the #6 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Columbus, Ohio, this large public school handed out 741 diplomas to qualified bachelors’s finance students in 2019-2020.
Ohio State also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #5. The estimated yearly cost for Ohio State is $8,194 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
The low student loan default rate of 4.4% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Full Ohio State University - Main Campus Finance & Financial Management Report
University of Wisconsin - La Crosse ranked #7 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. UW - La Crosse is a public institution located in La Crosse, Wisconsin. The school has a fairly large population, and it awarded 170 bachelors’s degrees in 2019-2020.
UW - La Crosse also took the #12 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - La Crosse is $7,939 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
The low student loan default rate of 1.6% 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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
With a ranking of #8, Michigan Technological University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 19 students in 2019-2020.
The estimated yearly cost for Michigan Technological University is $8,295 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Finance & Financial Management at Michigan Technological University
University of Wisconsin - Whitewater did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #9. This fairly large school is located in Whitewater, Wisconsin, and it awarded 219 bachelors’s finance degrees in 2019-2020.
UW - Whitewater also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #19. The yearly cost to attend UW - Whitewater is $11,868 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
Read more about Finance & Financial Management at University of Wisconsin - Whitewater
University of Wisconsin - Eau Claire ranked #10 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Eau Claire, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 101 students in 2019-2020.
UW - Eau Claire not only placed well in this ranking. It is also #20 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for University of Wisconsin - Eau Claire is $11,528 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
Read more about Finance & Financial Management at University of Wisconsin - Eau Claire
With a ranking of #11, Grand Valley State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Grand Valley State University is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 271 bachelors’s finance degrees to qualified students.
GVSU also took the #22 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $11,578 for great lakes region bachelor’s degree finance students whose families make $0-$30k per year to attend Grand Valley State University.
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%.
Full Grand Valley State University Finance & Financial Management Report
Ball State University landed the #12 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Ball State is a large public school situated in Muncie, Indiana. It awarded 100 bachelors’s finance degrees in 2019-2020.
It costs about $8,403 for great lakes region bachelor’s degree finance students whose families make $0-$30k per year to attend Ball State.
Read more about Finance & Financial Management at Ball State University
University of Wisconsin - Stevens Point landed the #13 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This medium-sized school is located in Stevens Point, Wisconsin, and it awarded 21 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend UW - Stevens Point is $11,446 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
Read full report on Finance & Financial Management at University of Wisconsin - Stevens Point
With a ranking of #14, Purdue University Northwest did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Purdue Northwest is located in Hammond, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 36 bachelors’s finance degrees to qualified students.
The estimated yearly cost for Purdue Northwest is $6,911 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
University of Illinois at Chicago did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #15. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 253 bachelors’s finance degrees in 2019-2020.
UIC not only placed well in this ranking. It is also #23 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend UIC is $10,648 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Finance & Financial Management at University of Illinois at Chicago
Oakland University ranked #16 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k 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.
The estimated yearly cost for Oakland University is $7,490 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
Read full report on Finance & Financial Management at Oakland
With a ranking of #17, Ferris State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Ferris is a fairly large school located in Big Rapids, Michigan that handed out 10 bachelors’s finance degrees in 2019-2020.
It costs about $7,207 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Ferris State University.
University of Wisconsin - Oshkosh ranked #18 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. University of Wisconsin - Oshkosh is a fairly large public school situated in Oshkosh, Wisconsin. It awarded 80 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for University of Wisconsin - Oshkosh is $11,687 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
University of Southern Indiana came in at #19 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. USI is a fairly large school located in Evansville, Indiana that handed out 60 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for USI is $8,244 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
The low student loan default rate of 5.0% 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%.
Miami University - Oxford came in at #20 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Miami University - Oxford is a fairly large school located in Oxford, Ohio that handed out 393 bachelors’s finance degrees in 2019-2020.
Miami University - Oxford also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #7. The estimated yearly cost for Miami University - Oxford is $13,759 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Read more about Finance & Financial Management at Miami University - Oxford
University of Michigan - Dearborn ranked #21 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. University of Michigan - Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 74 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for UM Dearborn is $6,751 for great lakes region 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%.
Full University of Michigan - Dearborn Finance & Financial Management Report
Franklin University came in at #22 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Franklin University is a medium-sized private not-for-profit school situated in Columbus, Ohio. It awarded 52 bachelors’s finance degrees in 2019-2020.
It costs about $11,328 for great lakes region bachelor’s degree finance students whose families make $0-$30k per year to attend Franklin University.
Full Franklin University Finance & Financial Management Report
With a ranking of #23, Northern Illinois University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Dekalb, Illinois, this fairly large public school awarded 90 degrees to qualified bachelors’s finance students in 2019-2020.
The estimated yearly cost for Northern Illinois University is $15,281 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
University of Michigan - Flint landed the #24 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This medium-sized school is located in Flint, Michigan, and it awarded 33 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for University of Michigan - Flint is $7,955 for Great Lakes Region Bachelor’s Degree Finance students whose families make $0-$30k.
With a ranking of #25, Central Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Central Michigan is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 97 bachelors’s finance degrees to qualified students.
The yearly cost to attend Central Michigan University is $11,598 for great lakes region bachelor’s degree finance students whose families make $0-$30k.
Read full report on Finance & Financial Management at Central Michigan University
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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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