2022 Best Value General Business Schools for a Doctorate in the Great Lakes Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Doctorate in the Great Lakes Region” ranking - to help you make that decision.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. 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 doctor’s degree level specifically, there were 39 general business/commerce graduates with average earnings and debt of $74,428 and $121,375 respectively.

This year’s “Best Value General Business Schools for a Doctorate in the Great Lakes Region” ranking analyzed 3 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.

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. For more information, check out our ranking methodology.

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 Doctorate in the Great Lakes Region”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value General Business Schools for a Doctorate in the Great Lakes Region

The following schools top our list of the Best Best Value General Business Schools for a Doctorate in the Great Lakes Region.

Top 3 Best Value Doctor’s Degree Colleges for General Business/Commerce in the Great Lakes Region

#1

University of Wisconsin - Madison

Madison, Wisconsin

#2 in overall quality

$25,523 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value General Business Schools for a Doctorate in the Great Lakes Region that were part of this year’s ranking, University of Wisconsin - Madison landed the #1 spot on the list. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 10 doctorate’s general business degrees to qualified students.

As a testament to the quality of education offered at UW - Madison, the school also landed the #2 spot in our “Best General Business/Commerce Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but some majors have different tuition rates.

Read more about General Business/Commerce at UW - Madison

#2

Indiana University - Bloomington

Bloomington, Indiana

#3 in overall quality

$33,338 Avg Grad Tuition & Fees

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 Doctorate in the Great Lakes Region. Bloomington, Indiana is the setting for this large institution of higher learning. The public school handed out doctorate’s general business degrees to 13 students in 2019-2020.

IU Bloomington also took the #3 spot in our “Best General Business/Commerce Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.

Full Indiana University - Bloomington General Business/Commerce Report

#3

University of Chicago

Chicago, Illinois

#1 in overall quality

$61,548 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Chicago. It ranked #3 on our 2022 Best Value General Business Schools for a Doctorate in the Great Lakes Region list. UChicago is a fairly large school located in Chicago, Illinois that handed out 16 doctorate’s general business degrees in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #1 on our “Best General Business/Commerce Doctor’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UChicago are $61,548.

Read more about General Business/Commerce at University of Chicago

• Best Value Doctor’s Degree Colleges for General Business/Commerce

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 U.S. Consulate General Munich.

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