2022 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $48-$75k) in the Great Lakes Region
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 the Great Lakes Region For Those Making $48-$75k” ranking.
Finance & Financial Management is the 14th most popular major in the country with 57,893 degrees awarded in 2019-2020. 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.
For this year’s “Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking, we looked at 122 colleges that offer a degree 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.
Some of the factors we look at when determining these rankings are overall quality of the finance and financial management 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 for a Bachelor’s in the Great Lakes Region 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 for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
The colleges and universities below are the best for great lakes region bachelor’s degree finance students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $48-$75k) in the Great Lakes Region
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 235 students in 2019-2020.
Notre Dame not only placed well in this ranking. It is also #1 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Notre Dame is $17,768 for great lakes region bachelor’s degree 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. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%.
Full University of Notre Dame Finance & Financial Management Report
Out of the 122 schools in the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Wisconsin - Madison landed the #2 spot on the list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 404 bachelors’s finance degrees 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 yearly cost to attend University of Wisconsin - Madison is $13,227 for great lakes region bachelor’s degree finance students whose families make $48-$75k.
The low student loan default rate of 0.8% 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Read full report on Finance & Financial Management at University of Wisconsin - Madison
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UIUC is a large school located in Champaign, Illinois that handed out 256 bachelors’s finance degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree finance students whose families make $48-$75k list, UIUC has also earned the #2 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UIUC is $13,351 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
The low student loan default rate of 2.4% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #4 on our 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in West Lafayette, Indiana, this large public school handed out 238 degrees to qualified bachelors’s finance students in 2019-2020.
Purdue also took the #8 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Purdue University - Main Campus is $9,654 for great lakes region bachelor’s degree finance students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at Purdue University - Main Campus
Out of the 122 schools in the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Ohio State University - Main Campus landed the #5 spot on the list. This large school is located in Columbus, Ohio, and it awarded 741 bachelors’s finance degrees 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 yearly cost to attend Ohio State University - Main Campus is $13,982 for great lakes region bachelor’s degree finance students whose families make $48-$75k.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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%.
Full Ohio State University - Main Campus Finance & Financial Management Report
With a ranking of #6, University of Wisconsin - La Crosse did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. La Crosse, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 170 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree finance students whose families make $48-$75k list, UW - La Crosse has also earned the #12 rank 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 $13,304 for Great Lakes Region 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 86%, the school does an excellent job of retaining its students.
Read full report on Finance & Financial Management at University of Wisconsin - La Crosse
Michigan Technological University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #7. Michigan Technological University 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.
The yearly cost to attend Michigan Technological University is $13,720 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at Michigan Technological University
Franklin University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #8. This medium-sized school is located in Columbus, Ohio, and it awarded 52 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for Franklin University is $11,869 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
Read full report on Finance & Financial Management at Franklin 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 $48-$75k ranking, coming in at #9. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 219 students 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. It costs about $14,941 for great lakes region bachelor’s degree finance students whose families make $48-$75k per year to attend UW - Whitewater.
Oakland University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #10. This fairly large school is located in Rochester Hills, Michigan, and it awarded 99 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend Oakland University is $10,387 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
University of Illinois at Chicago landed the #11 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Chicago, Illinois, this large public school handed out 253 degrees to qualified bachelors’s finance students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree finance students whose families make $48-$75k list, UIC has also earned the #23 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UIC is $13,683 for great lakes region bachelor’s degree finance students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at University of Illinois at Chicago
University of Wisconsin - Eau Claire ranked #12 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UW - Eau Claire is a fairly large school located in Eau Claire, Wisconsin that handed out 101 bachelors’s finance degrees in 2019-2020.
UW - Eau Claire also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #20. The yearly cost to attend University of Wisconsin - Eau Claire is $14,887 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
Read more about Finance & Financial Management at University of Wisconsin - Eau Claire
University of Michigan - Dearborn came in at #13 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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.
The estimated yearly cost for University of Michigan - Dearborn is $10,553 for great lakes region bachelor’s degree finance students whose families make $48-$75k.
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
Grand Valley State University came in at #14 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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.
GVSU also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #22. The estimated yearly cost for Grand Valley State University is $15,775 for Great Lakes Region Bachelor’s Degree 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%.
Northern Illinois University ranked #15 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Dekalb, Illinois, and it awarded 90 bachelors’s finance degrees in 2019-2020.
It costs about $18,346 for great lakes region bachelor’s degree finance students whose families make $48-$75k per year to attend NIU.
Read full report on Finance & Financial Management at Northern Illinois University
University of Wisconsin - Oshkosh came in at #16 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. University of Wisconsin - Oshkosh is located in Oshkosh, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 80 bachelors’s finance degrees to qualified students.
It costs about $15,236 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k per year to attend UW Oshkosh.
Full University of Wisconsin - Oshkosh Finance & Financial Management Report
Michigan State University landed the #17 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 376 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree finance students whose families make $48-$75k list, Michigan State has also earned the #4 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $20,696 for great lakes region bachelor’s degree finance students whose families make $48-$75k per year to attend Michigan State.
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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Read more about Finance & Financial Management at Michigan State
Eastern Illinois University ranked #18 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in Charleston, Illinois, this medium-sized public school awarded 26 degrees to qualified bachelors’s finance students in 2019-2020.
It costs about $13,560 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k per year to attend EIU.
University of Wisconsin - Stevens Point 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 $48-$75k ranking. UW - Stevens Point is a public institution located in Stevens Point, Wisconsin. The school has a medium-sized population, and it awarded 21 bachelors’s degrees in 2019-2020.
It costs about $14,165 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k per year to attend University of Wisconsin - Stevens Point.
Read more about Finance & Financial Management at University of Wisconsin - Stevens Point
Augustana College ranked #20 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Augustana is a small school located in Rock Island, Illinois that handed out 55 bachelors’s finance degrees in 2019-2020.
Augustana also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #13. The estimated yearly cost for Augustana College is $21,453 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Purdue University Northwest landed the #21 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Purdue University Northwest is a medium-sized school located in Hammond, Indiana that handed out 36 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for Purdue Northwest is $13,449 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
Case Western Reserve University ranked #22 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Cleveland, Ohio, and it awarded 63 bachelors’s finance degrees in 2019-2020.
Case Western also took the #9 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Case Western Reserve University is $22,236 for Great Lakes Region Bachelor’s Degree Finance students whose families make $48-$75k.
The student loan default rate at the school is 1.4%, 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 93%.
Wayne State University landed the #23 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Wayne State University is located in Detroit, Michigan and, has a large student population. In 2019-2020, this school awarded 140 bachelors’s finance degrees to qualified students.
The yearly cost to attend Wayne State is $13,668 for great lakes region bachelor’s degree finance students whose families make $48-$75k.
Read full report on Finance & Financial Management at Wayne State
Ball State University ranked #24 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in Muncie, Indiana, this large public school handed out 100 diplomas to qualified bachelors’s finance students in 2019-2020.
It costs about $15,185 for great lakes region bachelor’s degree finance students whose families make $48-$75k per year to attend Ball State.
Full Ball State University Finance & Financial Management Report
Saint Xavier University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #25. This small school is located in Chicago, Illinois, and it awarded 40 bachelors’s finance degrees in 2019-2020.
It costs about $14,907 for great lakes region bachelor’s degree finance students whose families make $48-$75k per year to attend SXU.
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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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