2022 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $48-$75k) 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. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking - to help you make that decision.
In 2019-2020, 55,749 people earned their degree in general business/commerce, making the major the 13th most popular in the United States. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.
Across the Great Lakes region, there were 10,177 general business/commerce graduates with average earnings and debt of $42,581 and $26,197 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.
This year’s “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking analyzed 59 colleges that offered a degree in general business/commerce. Not only do the schools that top this list have excellent general business/commerce programs, but they also 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. For more information, check out our ranking methodology.
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One Size Does Not Fit All
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 $48-$75k”.
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 for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
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 $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $48-$75k) in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #1 for the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. This fairly large school is located in Notre Dame, Indiana, and it awarded 36 bachelors’s general business degrees in 2019-2020.
Notre Dame also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. The estimated yearly cost for Notre Dame is $17,768 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #2 for the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. This large school is located in Bloomington, Indiana, and it awarded 2,002 bachelors’s general business degrees in 2019-2020.
IU Bloomington not only placed well in this ranking. It is also #2 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - Bloomington is $12,060 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
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 $48-$75k list. Located in Gary, Indiana, this small public school handed out 55 diplomas to qualified bachelors’s general business students in 2019-2020.
The yearly cost to attend Indiana University - Northwest is $9,473 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Full Indiana University - Northwest General Business/Commerce Report
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 $48-$75k 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.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $48-$75k list, IUPUI has also earned the #5 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for IUPUI is $12,314 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend Wright State University - Lake Campus. The school came in at #5 for the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. Celina, Ohio is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 17 students in 2019-2020.
It costs about $12,664 for great lakes region bachelor’s degree general business students whose families make $48-$75k per year to attend Wright State University - Lake Campus.
Read full report on General Business/Commerce at Wright State University - Lake Campus
Indiana University - South Bend came in at #6 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 180 bachelors’s general business degrees in 2019-2020.
Indiana University - South Bend also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #24. The yearly cost to attend Indiana University - South Bend is $10,585 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
Read full report on General Business/Commerce at Indiana University - South Bend
Oakland University ranked #7 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Oakland University 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 did well in our major quality rankings, too. It placed #17 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Oakland University is $10,387 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
University of Wisconsin - Whitewater ranked #8 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. 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.
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. The yearly cost to attend UW - Whitewater is $14,941 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
Read full report on General Business/Commerce at UW - Whitewater
Indiana University - Southeast came in at #9 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in New Albany, Indiana, this small public school handed out 168 degrees to qualified bachelors’s general business students in 2019-2020.
Indiana University - Southeast also took the #12 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Indiana University - Southeast is $12,387 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Full Indiana University - Southeast General Business/Commerce Report
Indiana University - Kokomo landed the #10 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Kokomo, Indiana, this small public school awarded 61 degrees to qualified bachelors’s general business students in 2019-2020.
The estimated yearly cost for Indiana University - Kokomo is $10,869 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Full Indiana University - Kokomo General Business/Commerce Report
Purdue University Fort Wayne landed the #11 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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 made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #23. It costs about $12,023 for great lakes region bachelor’s degree general business students whose families make $48-$75k per year to attend Purdue University Fort Wayne.
Ball State University landed the #12 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Ball State University 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 also took the #10 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ball State University is $15,185 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
Albion College landed the #13 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Albion, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general business degrees to 8 students in 2019-2020.
Albion also took the #14 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $14,499 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k per year to attend Albion.
Saint Xavier 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 $48-$75k ranking. Saint Xavier University is a small school located in Chicago, Illinois that handed out 61 bachelors’s general business degrees in 2019-2020.
The yearly cost to attend SXU is $14,907 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Full Saint Xavier University General Business/Commerce Report
Grand 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 $48-$75k ranking, coming in at #15. GVSU is a large school located in Allendale, Michigan that handed out 26 bachelors’s general business degrees in 2019-2020.
GVSU also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #15. The yearly cost to attend Grand Valley State University is $15,775 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
The low student loan default rate of 3.7% 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%.
Indiana University - East did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #16. Indiana University - East is a small public school situated in Richmond, Indiana. It awarded 4 bachelors’s general business degrees in 2019-2020.
It costs about $9,723 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k per year to attend IU East.
Full Indiana University - East General Business/Commerce Report
Ohio State University - Marion Campus came in at #17 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Ohio State University - Marion Campus is a public institution located in Marion, Ohio. The school has a small population, and it awarded 9 bachelors’s degrees in 2019-2020.
The yearly cost to attend Ohio State University - Marion Campus is $12,523 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Business/Commerce at Ohio State University - Marion Campus
Ohio State University - Lima Campus landed the #18 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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.
It costs about $13,741 for great lakes region bachelor’s degree general business students whose families make $48-$75k per year to attend Ohio State University - Lima Campus.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about General Business/Commerce at Ohio State University - Lima Campus
Eastern Michigan University came in at #19 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Eastern Michigan University is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 37 bachelors’s general business degrees to qualified students.
The yearly cost to attend Eastern Michigan is $16,042 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Read more about General Business/Commerce at Eastern Michigan University
Saginaw Valley State University ranked #20 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s general business degrees to 27 students in 2019-2020.
The yearly cost to attend Saginaw Valley State University is $14,230 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Read more about General Business/Commerce at Saginaw Valley State University
Wittenberg University landed the #21 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Springfield, Ohio, this small private not-for-profit school handed out 21 degrees to qualified bachelors’s general business students 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. It costs about $21,048 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k per year to attend Wittenberg.
Read full report on General Business/Commerce at Wittenberg University
Lake Forest College 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 $48-$75k ranking. Located in Lake Forest, Illinois, this small private not-for-profit school handed out 55 diplomas to qualified bachelors’s general business students in 2019-2020.
Lake Forest not only placed well in this ranking. It is also #9 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Lake Forest College is $24,683 for great lakes region bachelor’s degree general business students whose families make $48-$75k.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Business/Commerce at Lake Forest
Wright State University - Main Campus did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #23. Wright State University - Main Campus is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 82 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Wright State University - Main Campus is $16,908 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k.
Read more about General Business/Commerce at Wright State University - Main Campus
With a ranking of #24, Ripon College did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Ripon is a small school located in Ripon, Wisconsin that handed out 20 bachelors’s general business degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $48-$75k list, Ripon has also earned the #18 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $17,757 for Great Lakes Region Bachelor’s Degree General Business students whose families make $48-$75k per year to attend Ripon.
The low student loan default rate of 3.7% 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%.
Indiana State University landed the #25 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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.
It costs about $15,380 for great lakes region bachelor’s degree general business students whose families make $48-$75k per year to attend Indiana State.
Read more about General Business/Commerce at Indiana State 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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