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2022 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

59 Ranked Colleges
4,898 Degrees Awarded
$10,200 Avg Net Price*
Best Value General Business Schools for a Bachelor's in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. 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 $30-$48k” 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 $30-$48k” 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. See our ranking methodology to learn more.

More Ways to Rank General Business/Commerce Schools

The general business 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 General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k”.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

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 $30-$48k.

Top 25 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

#1

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Notre Dame landed the #1 spot on the list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 36 diplomas to qualified bachelors’s general business students in 2019-2020.

Notre Dame also took the #1 spot 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 $15,609 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Read more about General Business/Commerce at Notre Dame

#2

Indiana University - Bloomington

Bloomington, Indiana
#2 in overall quality

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. IU Bloomington is located in Bloomington, Indiana and, has a large student population. In 2019-2020, this school awarded 2,002 bachelors’s general business degrees to qualified students.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #2 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Indiana University - Bloomington is $6,192 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

The low student loan default rate of 4.3% 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.

Read full report on General Business/Commerce at Indiana University - Bloomington

You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #3 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. IU Northwest is a public institution located in Gary, Indiana. The school has a small population, and it awarded 55 bachelors’s degrees in 2019-2020.

The estimated yearly cost for IU Northwest is $4,960 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at Indiana University - Northwest

#5 in overall quality

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #4 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k 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 did well in our major quality rankings, too. It placed #5 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $6,315 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Read full report on General Business/Commerce at Indiana University - Purdue University - Indianapolis

#5

Indiana University - South Bend

South Bend, Indiana
#24 in overall quality

You’ll be in good company if you decide to attend Indiana University - South Bend. It ranked #5 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Indiana University - South Bend is located in South Bend, Indiana and, has a small student population. In 2019-2020, this school awarded 180 bachelors’s general business degrees to qualified students.

Indiana University - South Bend not only placed well in this ranking. It is also #24 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Indiana University - South Bend is $5,057 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Full Indiana University - South Bend General Business/Commerce Report

#6

Indiana University - Southeast

New Albany, Indiana
#12 in overall quality

Indiana University - Southeast did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #6. Indiana University - Southeast is located in New Albany, Indiana and, has a small student population. In 2019-2020, this school awarded 168 bachelors’s general business degrees to qualified students.

Indiana University - Southeast also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #12. The estimated yearly cost for Indiana University - Southeast is $8,675 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Read more about General Business/Commerce at Indiana University - Southeast

#6 in overall quality

University of Wisconsin - Whitewater came in at #7 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Wisconsin - Whitewater is a public institution located in Whitewater, Wisconsin. The school has a fairly large population, and it awarded 95 bachelors’s degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree general business students whose families make $30-$48k list, UW - Whitewater has also earned the #6 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Whitewater is $12,156 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Read full report on General Business/Commerce at UW - Whitewater

Indiana University - Kokomo ranked #8 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Indiana University - Kokomo is located in Kokomo, Indiana and, has a small student population. In 2019-2020, this school awarded 61 bachelors’s general business degrees to qualified students.

It costs about $6,049 for great lakes region bachelor’s degree general business students whose families make $30-$48k per year to attend IU Kokomo.

Read more about General Business/Commerce at IU Kokomo

#9

Purdue University Fort Wayne

Fort Wayne, Indiana
#23 in overall quality

Purdue University Fort Wayne ranked #9 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Purdue University Fort Wayne is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 163 bachelors’s degrees in 2019-2020.

PFW also took the #23 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Purdue University Fort Wayne is $7,686 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Full Purdue University Fort Wayne General Business/Commerce Report

#10

Oakland University

Rochester Hills, Michigan
#17 in overall quality

Oakland University did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #10. 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.

Oakland also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #17. The yearly cost to attend Oakland University is $7,751 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Full Oakland University General Business/Commerce Report

#11

Ball State University

Muncie, Indiana
#10 in overall quality

Ball 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 $30-$48k ranking, coming in at #11. Ball State is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 170 bachelors’s degrees in 2019-2020.

Ball State not only placed well in this ranking. It is also #10 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ball State is $10,487 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Full Ball State General Business/Commerce Report

#12

Indiana University - East

Richmond, Indiana

Indiana University - East came in at #12 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. IU East is a small school located in Richmond, Indiana that handed out 4 bachelors’s general business degrees in 2019-2020.

The estimated yearly cost for Indiana University - East is $5,002 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Full Indiana University - East General Business/Commerce Report

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 $30-$48k ranking, coming in at #13. Wright State University - Lake Campus is a public institution located in Celina, Ohio. The school has a small population, and it awarded 17 bachelors’s degrees in 2019-2020.

The yearly cost to attend Wright State University - Lake Campus is $10,227 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Full Wright State University - Lake Campus General Business/Commerce Report

#14

Grand Valley State University

Allendale, Michigan
#15 in overall quality

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 $30-$48k ranking. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s general business degrees to 26 students in 2019-2020.

GVSU also took the #15 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Grand Valley State University is $12,459 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

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 more about General Business/Commerce at GVSU

#15

Saint Xavier University

Chicago, Illinois

Saint Xavier University did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #15. Located in Chicago, Illinois, this small private not-for-profit school awarded 61 degrees to qualified bachelors’s general business students in 2019-2020.

The yearly cost to attend Saint Xavier University is $11,962 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Read more about General Business/Commerce at SXU

#16

Albion College

Albion, Michigan
#14 in overall quality

Albion College landed the #16 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Albion College is a small private not-for-profit school situated in Albion, Michigan. It awarded 8 bachelors’s general business degrees in 2019-2020.

As a testament to the quality of education offered at Albion, the school also landed the #14 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Albion is $12,541 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Read more about General Business/Commerce at Albion College

With a ranking of #17, 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 $30-$48k list. Ohio State University - Marion Campus is located in Marion, Ohio and, has a small student population. In 2019-2020, this school awarded 9 bachelors’s general business degrees to qualified students.

The estimated yearly cost for Ohio State University - Marion Campus is $9,917 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

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%.

Full Ohio State University - Marion Campus General Business/Commerce Report

#18

Indiana State University

Terre Haute, Indiana

Indiana 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 $30-$48k ranking, coming in at #18. Located in Terre Haute, Indiana, this fairly large public school handed out 58 diplomas to qualified bachelors’s general business students in 2019-2020.

It costs about $11,182 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Indiana State University.

Full Indiana State University General Business/Commerce Report

#19

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest ranked #19 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in Hammond, Indiana, this medium-sized public school handed out 3 degrees to qualified bachelors’s general business students in 2019-2020.

The yearly cost to attend Purdue University Northwest is $8,401 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at Purdue University Northwest

#20

Saginaw Valley State University

University Center, Michigan

Saginaw Valley State University came in at #20 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 27 bachelors’s general business degrees in 2019-2020.

The yearly cost to attend Saginaw Valley State University is $11,734 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Read more about General Business/Commerce at Saginaw Valley State University

#21

Ashland University

Ashland, Ohio
#13 in overall quality

Ashland University came in at #21 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. This small school is located in Ashland, Ohio, and it awarded 33 bachelors’s general business degrees in 2019-2020.

As a testament to the quality of education offered at Ashland, the school also landed the #13 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ashland is $16,844 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.

Full Ashland University General Business/Commerce Report

#22

Lake Superior State University

Sault Ste Marie, Michigan

Lake Superior State University came in at #22 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Sault Ste Marie, Michigan, this small public school handed out 11 diplomas to qualified bachelors’s general business students in 2019-2020.

The yearly cost to attend Lake Superior State University is $9,640 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

Read more about General Business/Commerce at Lake Superior State University

Wright State University - Main 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 $30-$48k ranking. Wright State University - Main Campus is located in Dayton, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 82 bachelors’s general business degrees to qualified students.

The estimated yearly cost for Wright State University - Main Campus is $14,755 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at Wright State University - Main Campus

With a ranking of #24, Ohio State University - Lima Campus did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Lima, Ohio is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 10 students in 2019-2020.

The yearly cost to attend Ohio State University - Lima Campus is $10,571 for great lakes region bachelor’s degree general business students whose families make $30-$48k.

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 - Lima Campus General Business/Commerce Report

#25

Lake Forest College

Lake Forest, Illinois
#9 in overall quality

Lake Forest College ranked #25 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in Lake Forest, Illinois, this small private not-for-profit school awarded 55 diplomas to qualified bachelors’s general business students in 2019-2020.

Lake Forest also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #9. The estimated yearly cost for Lake Forest College is $19,152 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Full Lake Forest College General Business/Commerce Report

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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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