2027 Best Value Business Statistics Schools in the Great Lakes Region
[Business Statistics](/majors/business-management-marketing-sales/management-science-quantitative-methods/business-statistics/) programs reward a close look at where your money goes furthest. The best values balance affordable tuition against strong post-graduation earnings.
To produce this 2027 ranking, College Factual evaluated 18 schools on the balance of cost and outcomes for business statistics students.
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2027 Best Value Business Statistics Schools in the Great Lakes Region
Below are the schools that deliver the strongest value in business statistics, balancing cost against outcomes.
Best Value Business Statistics Schools
Our analysis ranked University Of Michigan Ann Arbor the best value for a degree in business statistics in the Great Lakes Region. Set in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public institution. Expect in-state tuition and fees of around $18,848, while out-of-state students pay about $63,081. Typical student debt for business statistics graduates is $19,137. Business Statistics graduates of University Of Michigan Ann Arbor earn a median of $66,254 early in their careers. Set against $19,137 in median debt, that is a healthy payoff. Roughly 16% of applicants are accepted.
University Of Southern Indiana is a great value for students pursuing a degree in business statistics, landing the #2 spot this year. Set in the suburb of Evansville, University Of Southern Indiana is a large public institution. In-state tuition and fees average $10,066, with out-of-state students paying around $22,907. Students borrow a median of $21,999 to complete the business statistics program here. Soon after graduation, business statistics degree recipients from University Of Southern Indiana generally make around $47,216. Set against $21,999 in median debt, that is a healthy payoff. Roughly 96% of applicants are accepted.
Western Illinois University came in at #3 on our 2027 list of the best value business statistics schools. Western Illinois University is a moderately-sized public school located in the town of Macomb. In-state tuition and fees average $14,572. Students borrow a median of $27,639 to complete the business statistics program here. Soon after graduation, business statistics degree recipients from Western Illinois University generally make around $47,926. Weighed against typical debt, the earnings make a compelling case for value. Western Illinois University admits about 71% of applicants.
A rank of #4 makes Northern Illinois University one of the best values for business statistics. Located in the suburb of Dekalb, Northern Illinois University is a large public university. In-state tuition and fees average $13,060. Typical student debt for business statistics graduates is $21,600. Soon after graduation, business statistics degree recipients from Northern Illinois University generally make around $52,308. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 70%.
University Of Illinois At Urbana Champaign is a great value for students pursuing a degree in business statistics, landing the #5 spot this year. Set in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public institution. The average in-state cost of tuition and fees is $18,267, with out-of-state students paying around $40,096. Business Statistics graduates carry a median of $21,000 in student loans. Soon after graduation, business statistics degree recipients from University Of Illinois At Urbana Champaign generally make around $72,316. That is a strong return on a $21,000 median debt. University Of Illinois At Urbana Champaign admits about 42% of applicants.
University Of St Francis earned the #6 position for value in business statistics this year. Located in the suburb of Joliet, University Of St Francis is a moderately-sized private not-for-profit university. Students from in state pay about $38,110 in tuition and fees. Business Statistics graduates carry a median of $24,250 in student loans. Business Statistics graduates of University Of St Francis earn a median of $45,735 early in their careers. That is a strong return on a $24,250 median debt. The acceptance rate is 65%.
Indiana University Bloomington earned the #7 position for value in business statistics this year. Indiana University Bloomington is a very large public school located in the city of Bloomington. Expect in-state tuition and fees of around $12,144, compared with $41,891 for out-of-state students. Students borrow a median of $20,542 to complete the business statistics program here. Business Statistics graduates of Indiana University Bloomington earn a median of $130,003 early in their careers. That is a strong return on a $20,542 median debt. Roughly 78% of applicants are accepted.
University Of Akron Main Campus came in at #8 for value in business statistics this year. Set in the city of Akron, University Of Akron Main Campus is a large public institution. Students from in state pay about $13,135 in tuition and fees, compared with $20,815 for out-of-state students. Students borrow a median of $25,347 to complete the business statistics program here. Business Statistics graduates of University Of Akron Main Campus earn a median of $49,045 early in their careers. That is a strong return on a $25,347 median debt. University Of Akron Main Campus admits about 60% of applicants.
Cleveland State University placed #9 among the best values for business statistics. Located in the city of Cleveland, Cleveland State University is a large public university. The average in-state cost of tuition and fees is $12,982, with out-of-state students paying around $18,502. Students borrow a median of $24,050 to complete the business statistics program here. Soon after graduation, business statistics degree recipients from Cleveland State University generally make around $47,040. That is a strong return on a $24,050 median debt. Cleveland State University admits about 91% of applicants.
University Of Toledo ranked #10 on our 2027 list of the best value business statistics schools. Set in the city of Toledo, University Of Toledo is a large public institution. Students from in state pay about $12,157 in tuition and fees, while out-of-state students pay about $21,517. Typical student debt for business statistics graduates is $24,923. Early-career business statistics graduates make about $52,675. That is a strong return on a $24,923 median debt. The acceptance rate is 92%.
Michigan State University came in at #11 for value in business statistics this year. Set in the city of East Lansing, Michigan State University is a very large public institution. The average in-state cost of tuition and fees is $18,079, compared with $44,850 for out-of-state students. Business Statistics graduates carry a median of $23,250 in student loans. Business Statistics graduates of Michigan State University earn a median of $83,014 early in their careers. That is a strong return on a $23,250 median debt. The acceptance rate is 85%.
Milwaukee School Of Engineering landed the #12 spot for business statistics value this year. Located in the city of Milwaukee, Milwaukee School Of Engineering is a mid-sized private not-for-profit university. In-state tuition and fees average $50,480. Students borrow a median of $27,667 to complete the business statistics program here. Business Statistics graduates of Milwaukee School Of Engineering earn a median of $72,677 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 59% of applicants are accepted.
Indiana Institute Of Technology earned the #13 position for value in business statistics this year. Located in the city of Fort Wayne, Indiana Institute Of Technology is a mid-sized private not-for-profit university. The average in-state cost of tuition and fees is $31,361. Business Statistics graduates carry a median of $36,380 in student loans. Business Statistics graduates of Indiana Institute Of Technology earn a median of $56,185 early in their careers. That is a strong return on a $36,380 median debt. Roughly 70% of applicants are accepted.
The University Of Findlay placed #14 among the best values for business statistics. The University Of Findlay is a moderately-sized private not-for-profit school located in the town of Findlay. The average in-state cost of tuition and fees is $41,164. Business Statistics graduates carry a median of $25,759 in student loans. Early-career business statistics graduates make about $57,676. Set against $25,759 in median debt, that is a healthy payoff. Roughly 83% of applicants are accepted.
Northwood University Michigan ranked #15 on our 2027 list of the best value business statistics schools. Northwood University Michigan is a mid-sized private not-for-profit school located in the city of Midland. Students from in state pay about $34,400 in tuition and fees. Students borrow a median of $25,344 to complete the business statistics program here. Early-career business statistics graduates make about $54,298. That is a strong return on a $25,344 median debt. The acceptance rate is 64%.
Miami University Oxford placed #16 among the best values for business statistics. Located in the town of Oxford, Miami University Oxford is a very large public university. In-state tuition and fees average $17,519, while out-of-state students pay about $38,965. Students borrow a median of $27,000 to complete the business statistics program here. Early-career business statistics graduates make about $74,770. Set against $27,000 in median debt, that is a healthy payoff. Miami University Oxford admits about 75% of applicants.
Lawrence Technological University ranked #17 on our 2027 list of the best value business statistics schools. Lawrence Technological University is a mid-sized private not-for-profit school located in the city of Southfield. In-state tuition and fees average $44,760. Business Statistics graduates carry a median of $27,799 in student loans. Business Statistics graduates of Lawrence Technological University earn a median of $74,924 early in their careers. That is a strong return on a $27,799 median debt. Roughly 56% of applicants are accepted.
Loyola University Chicago earned the #18 position for value in business statistics this year. Loyola University Chicago is a large private not-for-profit school located in the city of Chicago. In-state tuition and fees average $53,710. Typical student debt for business statistics graduates is $23,521. Business Statistics graduates of Loyola University Chicago earn a median of $58,568 early in their careers. That is a strong return on a $23,521 median debt. Roughly 82% of applicants are accepted.
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 18 schools evaluated.
*Averages shown above reflect the top 18 ranked schools only.
- 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).
More about our data sources and methodologies.
