College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

2023 Best Value Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

81 Ranked Colleges
9,301 Degrees Awarded
$7,700 Avg Net Price*
Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 General Business Schools in the Great Lakes Region For Those Making $30-$48k” ranking is part of that endeavor.

General Business/Commerce is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2020-2021, 56,042 degrees were awarded to students with this major.

Across the Great Lakes region, there were 9,301 general business/commerce graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k” ranking analyzed 81 colleges that offered 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.

Some of the factors we look at when determining these rankings are overall quality of the general business/commerce program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

Rankings by Degree Other Award Levels
Rankings by Location Check Out Other Locales
More General Business Rankings Other Ranking Categories

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 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region general business students whose families make $30-$48k.

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

1
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Northwestern University is a large school located in Evanston, Illinois that handed out 114 ’s general business degrees in 2020-2021.

In addition to being on our great lakes region general business students whose families make $30-$48k list, Northwestern has also earned the #1 rank in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwestern is $917 for great lakes region general business students whose families make $30-$48k.

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 undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about General Business/Commerce at Northwestern University

2
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 14 ’s general business degrees to qualified students.

UChicago did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce Schools in the Great Lakes Region” list. It costs about $4,777 for Great Lakes Region General Business students whose families make $30-$48k per year to attend UChicago.

The impressive undergraduate student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 1.0%, 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 100%.

Full UChicago General Business/Commerce Report

3

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Bloomington landed the #3 spot on the list. IU Bloomington is a large public school situated in Bloomington, Indiana. It awarded 3,071 ’s general business degrees in 2020-2021.

IU Bloomington also made our “Best General Business/Commerce Schools in the Great Lakes Region” list, coming in at #4. It costs about $7,061 for Great Lakes Region General Business students whose families make $30-$48k per year to attend IU Bloomington.

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 undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Full IU Bloomington General Business/Commerce Report

4

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 221 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at UW - Madison, the school also landed the #5 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $4,788 for great lakes region general business students whose families make $30-$48k per year to attend University of Wisconsin - Madison.

With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Business/Commerce at University of Wisconsin - Madison

5

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #5 spot on the list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out ’s general business degrees to 785 students in 2020-2021.

IUPUI did well in our major quality rankings, too. It placed #8 on our “Best General Business/Commerce Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $8,216 for Great Lakes Region General Business students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Full IUPUI General Business/Commerce Report

6

Indiana University - South Bend came in at #6 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Indiana University - South Bend is a public institution located in South Bend, Indiana. The school has a small population, and it awarded 165 ’s degrees in 2020-2021.

Indiana University - South Bend also took the #25 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $6,544 for Great Lakes Region General Business students whose families make $30-$48k per year to attend Indiana University - South Bend.

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

7
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame landed the #7 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 120 ’s general business degrees in 2020-2021.

In addition to being on our great lakes region general business students whose families make $30-$48k list, Notre Dame has also earned the #2 rank in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Notre Dame is $9,136 for great lakes region general business students whose families make $30-$48k.

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 school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about General Business/Commerce at University of Notre Dame

8
Oakland crest
Oakland University
Rochester Hills, Michigan

Oakland University ranked #8 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 63 ’s general business degrees in 2020-2021.

Oakland also took the #16 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The yearly cost to attend Oakland University is $8,839 for Great Lakes Region General Business students whose families make $30-$48k.

The low undergrad 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%.

Read more about General Business/Commerce at Oakland University

9

Indiana University - Northwest did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #9. Indiana University - Northwest is located in Gary, Indiana and, has a small student population. In 2020-2021, this school awarded 90 ’s general business degrees to qualified students.

The yearly cost to attend Indiana University - Northwest is $3,534 for great lakes region general business students whose families make $30-$48k.

Full IU Northwest General Business/Commerce Report

10
Ball State crest
Ball State University
Muncie, Indiana

Ball State University did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #10. Ball State is a large public school situated in Muncie, Indiana. It awarded 289 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at Ball State, the school also landed the #10 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ball State is $10,786 for great lakes region general business students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Full Ball State General Business/Commerce Report

11
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

Purdue University Fort Wayne did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #11. Purdue University Fort Wayne is a medium-sized school located in Fort Wayne, Indiana that handed out 222 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at PFW, the school also landed the #20 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $8,427 for Great Lakes Region General Business students whose families make $30-$48k per year to attend Purdue University Fort Wayne.

Read more about General Business/Commerce at PFW

12

With a ranking of #12, Indiana University - Kokomo did quite well on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. IU Kokomo is located in Kokomo, Indiana and, has a small student population. In 2020-2021, this school awarded 116 ’s general business degrees to qualified students.

It costs about $6,875 for great lakes region general business students whose families make $30-$48k per year to attend IU Kokomo.

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

13

Indiana University - Southeast did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #13. Indiana University - Southeast is a small public school situated in New Albany, Indiana. It awarded 211 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #21 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The estimated yearly cost for Indiana University - Southeast is $8,556 for Great Lakes Region General Business students whose families make $30-$48k.

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

14
LCC crest
Lansing Community College
Lansing, Michigan

Lansing Community College landed the #14 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Lansing, Michigan, this fairly large public school awarded 17 degrees to qualified ’s general business students in 2020-2021.

The estimated yearly cost for Lansing Community College is $6,081 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at LCC

15

University of Wisconsin - Whitewater landed the #15 spot on the 2023 Best Value General Business Schools 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 284 ’s degrees in 2020-2021.

UW - Whitewater also made our “Best General Business/Commerce Schools in the Great Lakes Region” list, coming in at #11. The estimated yearly cost for UW - Whitewater is $10,390 for Great Lakes Region General Business students whose families make $30-$48k.

Read more about General Business/Commerce at UW - Whitewater

16
Grand Rapids Community College crest
Grand Rapids Community College
Grand Rapids, Michigan

Grand Rapids Community College ranked #16 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Grand Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s general business degrees to 73 students in 2020-2021.

The yearly cost to attend Grand Rapids Community College is $7,218 for great lakes region general business students whose families make $30-$48k.

Read full report on General Business/Commerce at Grand Rapids Community College

17
Henry Ford College crest
Henry Ford College
Dearborn, Michigan

Henry Ford College came in at #17 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Henry Ford College is a fairly large school located in Dearborn, Michigan that handed out 19 ’s general business degrees in 2020-2021.

The yearly cost to attend Henry Ford College is $3,019 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at Henry Ford College

18
Schoolcraft College crest
Schoolcraft College
Livonia, Michigan

Schoolcraft College came in at #18 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Livonia, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s general business degrees to 25 students in 2020-2021.

The estimated yearly cost for Schoolcraft College is $6,776 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at Schoolcraft College

19

North Central State College landed the #19 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. North Central State College is a public institution located in Mansfield, Ohio. The school has a small population, and it awarded 33 ’s degrees in 2020-2021.

The yearly cost to attend North Central State College is $4,790 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at North Central State College

20

James A Rhodes State College came in at #20 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Rhodes State College is a small school located in Lima, Ohio that handed out 55 ’s general business degrees in 2020-2021.

The yearly cost to attend James A Rhodes State College is $9,344 for Great Lakes Region General Business students whose families make $30-$48k.

With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about General Business/Commerce at Rhodes State College

21

Youngstown State University did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #21. Located in Youngstown, Ohio, this fairly large public school awarded 51 diplomas to qualified ’s general business students in 2020-2021.

It costs about $9,972 for Great Lakes Region General Business students whose families make $30-$48k per year to attend Youngstown State University.

Read more about General Business/Commerce at Youngstown State University

22

Grand Valley State University came in at #22 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Allendale, Michigan, this large public school awarded 126 diplomas to qualified ’s general business students in 2020-2021.

GVSU not only placed well in this ranking. It is also #18 on our “Best General Business/Commerce Schools in the Great Lakes Region” list. It costs about $11,026 for great lakes region general business students whose families make $30-$48k per year to attend Grand Valley State University.

The undergrad student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Business/Commerce at Grand Valley State University

23
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #23. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 120 ’s degrees in 2020-2021.

Michigan State also took the #9 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State is $15,170 for great lakes region general business students whose families make $30-$48k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Business/Commerce at Michigan State University

24
Vincennes University crest
Vincennes University
Vincennes, Indiana

With a ranking of #24, Vincennes University did quite well on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Vincennes, Indiana is the setting for this fairly large institution of higher learning. The public school handed out ’s general business degrees to 34 students in 2020-2021.

It costs about $10,531 for great lakes region general business students whose families make $30-$48k per year to attend Vincennes University.

Full Vincennes University General Business/Commerce Report

25
Lake Superior State University crest
Lake Superior State University
Sault Ste Marie, Michigan

Lake Superior State University landed the #25 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Lake Superior State University is a small school located in Sault Ste Marie, Michigan that handed out 27 ’s general business degrees in 2020-2021.

The yearly cost to attend Lake Superior State University is $9,967 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at Lake Superior State University

Switch to a Different Ranking Method

Notes and References

References

Read more about our data sources and methodologies

Footnotes

Credits

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options