2022 Best Value Bachelor’s Degree Colleges for General Business/Commerce (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. 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 General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
General Business/Commerce is one of the most popular majors in the nation, ranking 9th of all the majors we analyze. In 2019-2020, 55,749 degrees were awarded to students with this major.
Across the Great Lakes region, there were 10,177 general business/commerce graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 4,898 general business/commerce graduates with average earnings and debt of $39,075 and $25,381 respectively.
For this year’s “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking, we looked at 59 colleges that offer a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the general business/commerce program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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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 General Business 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.
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Best Value General Business 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 General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $0-$30k) in the Great Lakes Region
Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Bloomington landed the #1 spot on the list. This large school is located in Bloomington, Indiana, and it awarded 2,002 bachelors’s general business degrees in 2019-2020.
IU Bloomington did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for IU Bloomington is $4,969 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Business/Commerce at IU Bloomington
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #2 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school awarded 36 degrees to qualified bachelors’s general business students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $0-$30k list, Notre Dame has also earned the #1 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Notre Dame is $12,498 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%. 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.
Read full report on General Business/Commerce at University of Notre Dame
Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #3 spot on the list. IUPUI is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 522 bachelors’s general business degrees to qualified students.
IUPUI not only placed well in this ranking. It is also #5 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for IUPUI is $5,052 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #4 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Indiana University - Northwest is a small public school situated in Gary, Indiana. It awarded 55 bachelors’s general business degrees in 2019-2020.
It costs about $3,287 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Indiana University - Northwest.
Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Indiana University - South Bend landed the #5 spot on the list. Located in South Bend, Indiana, this small public school awarded 180 degrees to qualified bachelors’s general business students in 2019-2020.
As a testament to the quality of education offered at Indiana University - South Bend, the school also landed the #24 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $4,641 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k per year to attend Indiana University - South Bend.
Full Indiana University - South Bend General Business/Commerce Report
University of Wisconsin - Whitewater did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #6. This fairly large school is located in Whitewater, Wisconsin, and it awarded 95 bachelors’s general business degrees in 2019-2020.
UW - Whitewater did well in our major quality rankings, too. It placed #6 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $11,868 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend UW - Whitewater.
Read full report on General Business/Commerce at UW - Whitewater
Indiana University - Southeast landed the #7 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in New Albany, Indiana, this small public school awarded 168 diplomas to qualified bachelors’s general business students in 2019-2020.
Indiana University - Southeast not only placed well in this ranking. It is also #12 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $6,697 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Indiana University - Southeast.
Read full report on General Business/Commerce at Indiana University - Southeast
With a ranking of #8, Indiana University - Kokomo did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Kokomo, Indiana, this small public school awarded 61 diplomas to qualified bachelors’s general business students in 2019-2020.
The yearly cost to attend IU Kokomo is $4,360 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Ball State University ranked #9 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Muncie, Indiana, this large public school handed out 170 diplomas to qualified bachelors’s general business students in 2019-2020.
Ball State also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #10. The yearly cost to attend Ball State University is $8,403 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Read more about General Business/Commerce at Ball State University
Purdue University Fort Wayne landed the #10 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. PFW is a medium-sized school located in Fort Wayne, Indiana that handed out 163 bachelors’s general business degrees in 2019-2020.
PFW not only placed well in this ranking. It is also #23 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for PFW is $7,129 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Oakland University ranked #11 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 64 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $0-$30k list, Oakland has also earned the #17 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland University is $7,490 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Wright State University - Lake Campus did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #12. Located in Celina, Ohio, this small public school handed out 17 diplomas to qualified bachelors’s general business students in 2019-2020.
The yearly cost to attend Wright State University - Lake Campus is $9,099 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
Read more about General Business/Commerce at Wright State University - Lake Campus
Indiana University - East landed the #13 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This small school is located in Richmond, Indiana, and it awarded 4 bachelors’s general business degrees in 2019-2020.
The yearly cost to attend Indiana University - East is $3,622 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
Full Indiana University - East General Business/Commerce Report
Grand Valley State University landed the #14 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Grand Valley State University is a public institution located in Allendale, Michigan. The school has a large population, and it awarded 26 bachelors’s degrees in 2019-2020.
GVSU not only placed well in this ranking. It is also #15 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Grand Valley State University is $11,578 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
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%.
Full Grand Valley State University General Business/Commerce Report
Albion College ranked #15 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Albion College is located in Albion, Michigan and, has a small student population. In 2019-2020, this school awarded 8 bachelors’s general business degrees to qualified students.
Albion also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #14. The estimated yearly cost for Albion is $12,032 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Saint Xavier University ranked #16 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. SXU is a small school located in Chicago, Illinois that handed out 61 bachelors’s general business degrees in 2019-2020.
The estimated yearly cost for Saint Xavier University is $11,266 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
Read full report on General Business/Commerce at Saint Xavier University
Lake Superior State University ranked #17 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Lake Superior State University is a small public school situated in Sault Ste Marie, Michigan. It awarded 11 bachelors’s general business degrees in 2019-2020.
The estimated yearly cost for Lake Superior State University is $7,067 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
Read full report on General Business/Commerce at Lake Superior State University
Purdue University Northwest landed the #18 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Purdue University Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 3 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Purdue University Northwest is $6,911 for great lakes region bachelor’s degree general business students whose families make $0-$30k.
Read more about General Business/Commerce at Purdue Northwest
With a ranking of #19, Indiana State University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Indiana State is a public institution located in Terre Haute, Indiana. The school has a fairly large population, and it awarded 58 bachelors’s degrees in 2019-2020.
The yearly cost to attend Indiana State University is $9,422 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Full Indiana State University General Business/Commerce Report
Saginaw Valley State University did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #20. Saginaw Valley State University is a public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 27 bachelors’s degrees in 2019-2020.
It costs about $10,522 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Saginaw Valley State University.
Read full report on General Business/Commerce at Saginaw Valley State University
With a ranking of #21, Wright State University - Main Campus did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Dayton, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general business degrees to 82 students in 2019-2020.
It costs about $13,460 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Wright State University - Main Campus.
Read more about General Business/Commerce at Wright State University - Main Campus
With a ranking of #22, Ohio State University - Marion Campus did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Ohio State University - Marion Campus is a small public school situated in Marion, Ohio. It awarded 9 bachelors’s general business degrees in 2019-2020.
It costs about $9,515 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Ohio State University - Marion Campus.
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%.
Read more about General Business/Commerce at Ohio State University - Marion Campus
Ohio State University - Lima Campus came in at #23 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Lima, Ohio, this small public school handed out 10 degrees to qualified bachelors’s general business students in 2019-2020.
It costs about $9,961 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Ohio State University - Lima Campus.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Read more about General Business/Commerce at Ohio State University - Lima Campus
With a ranking of #24, Illinois Wesleyan University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. This small school is located in Bloomington, Illinois, and it awarded 39 bachelors’s general business degrees in 2019-2020.
Illinois Wesleyan not only placed well in this ranking. It is also #3 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Illinois Wesleyan University is $18,570 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on General Business/Commerce at Illinois Wesleyan University
Wittenberg University did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #25. This small school is located in Springfield, Ohio, and it awarded 21 bachelors’s general business degrees in 2019-2020.
Wittenberg did well in our major quality rankings, too. It placed #11 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Wittenberg is $18,379 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.
Read full report on General Business/Commerce at Wittenberg 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.
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