2022 Best Value Colleges for Education (Income $48-$75k) in Michigan
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Education Schools in Michigan For Those Making $48-$75k” ranking.
Education is one of the most popular majors in the nation, ranking 4th of all the majors we analyze. In 2019-2020, 310,601 degrees were awarded to students with this major. In 2017-2018, education graduates who were awarded their degree in 2015-2017, earned an average of $43,887 and had an average of $30,244 in loans still to pay off.
Across Michigan, there were 6,017 education graduates with average earnings and debt of $43,014 and $31,209 respectively.
This year’s “Best Value Education Schools in Michigan For Those Making $48-$75k” ranking looked at 26 colleges that offer degrees in a bachelor’s in education. This ranking identifies schools with high-quality education programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the education program at the school. For more information, check out our ranking methodology.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Education Schools in Michigan For Those Making $48-$75k” list, to help you choose the best school for you.
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Best Value Education Schools in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Education Schools in Michigan For Those Making $48-$75k.
Top 25 Best Value Colleges for Education (Income $48-$75k) in Michigan
Out of the 26 schools in the Best Value Education Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 270 ’s degrees in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Education Schools in Michigan” ranking. The yearly cost to attend U-M is $10,028 for michigan education students whose families make $48-$75k.
The student loan default rate at the school is 1.2%, 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 96%.
You’ll be in good company if you decide to attend Henry Ford College. It ranked #2 on our 2022 Best Value Education Schools in Michigan For Those Making $48-$75k list. Henry Ford College is a public institution located in Dearborn, Michigan. The school has a fairly large population, and it awarded 70 ’s degrees in 2019-2020.
Henry Ford College also made our “Best Education Schools in Michigan” list, coming in at #18. The yearly cost to attend Henry Ford College is $5,633 for Michigan Education students whose families make $48-$75k.
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #3 on our 2022 Best Value Education Schools in Michigan For Those Making $48-$75k list. This large school is located in Allendale, Michigan, and it awarded 607 ’s education degrees in 2019-2020.
As a testament to the quality of education offered at GVSU, the school also landed the #5 spot in our “Best Education Schools in Michigan” ranking. The estimated yearly cost for Grand Valley State University is $15,775 for Michigan Education 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%.
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Education Schools in Michigan For Those Making $48-$75k. Oakland is a fairly large school located in Rochester Hills, Michigan that handed out 421 ’s education degrees in 2019-2020.
Oakland also made our “Best Education Schools in Michigan” list, coming in at #10. It costs about $10,387 for Michigan Education students whose families make $48-$75k per year to attend Oakland University.
Out of the 26 schools in the Best Value Education Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Central Michigan University landed the #5 spot on the list. Central Michigan is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 608 ’s education degrees to qualified students.
In addition to being on our michigan education students whose families make $48-$75k list, Central Michigan has also earned the #6 rank in our “Best Education Schools in Michigan” ranking. The estimated yearly cost for Central Michigan University is $14,591 for Michigan Education students whose families make $48-$75k.
University of Michigan - Dearborn ranked #6 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 140 ’s education degrees in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #17 on our “Best Education Schools in Michigan” list. It costs about $10,553 for Michigan Education students whose families make $48-$75k per year to attend UM Dearborn.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Ferris State University came in at #7 in this year’s edition of the Best Value Education Schools in Michigan For Those Making $48-$75k ranking. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 104 ’s degrees in 2019-2020.
Ferris not only placed well in this ranking. It is also #12 on our “Best Education Schools in Michigan” list. It costs about $14,101 for michigan education students whose families make $48-$75k per year to attend Ferris State University.
With a ranking of #8, Aquinas College Michigan did quite well on the 2022 Best Value Education Schools in Michigan For Those Making $48-$75k list. Aquinas College Michigan is a small school located in Grand Rapids, Michigan that handed out 64 ’s education degrees in 2019-2020.
As a testament to the quality of education offered at Aquinas College Michigan, the school also landed the #8 spot in our “Best Education Schools in Michigan” ranking. The yearly cost to attend Aquinas College Michigan is $17,715 for Michigan Education students whose families make $48-$75k.
Saginaw Valley State University came in at #9 in this year’s edition of the Best Value Education Schools in Michigan For Those Making $48-$75k ranking. This medium-sized school is located in University Center, Michigan, and it awarded 188 ’s education degrees in 2019-2020.
As a testament to the quality of education offered at Saginaw Valley State University, the school also landed the #11 spot in our “Best Education Schools in Michigan” ranking. The estimated yearly cost for Saginaw Valley State University is $14,230 for Michigan Education students whose families make $48-$75k.
Wayne State University came in at #10 in this year’s edition of the Best Value Education Schools in Michigan For Those Making $48-$75k ranking. Wayne State is located in Detroit, Michigan and, has a large student population. In 2019-2020, this school awarded 532 ’s education degrees to qualified students.
Wayne State did well in our major quality rankings, too. It placed #16 on our “Best Education Schools in Michigan” list. The estimated yearly cost for Wayne State University is $13,668 for Michigan Education students whose families make $48-$75k.
Eastern Michigan University came in at #11 in this year’s edition of the Best Value Education Schools in Michigan For Those Making $48-$75k ranking. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s education degrees to 612 students in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #14 spot in our “Best Education Schools in Michigan” ranking. The yearly cost to attend Eastern Michigan University is $16,042 for michigan education students whose families make $48-$75k.
University of Michigan - Flint landed the #12 spot on the 2022 Best Value Education Schools in Michigan For Those Making $48-$75k ranking. University of Michigan - Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 95 ’s education degrees to qualified students.
In addition to being on our michigan education students whose families make $48-$75k list, UM Flint has also earned the #21 rank in our “Best Education Schools in Michigan” ranking. It costs about $13,343 for Michigan Education students whose families make $48-$75k per year to attend University of Michigan - Flint.
Michigan State University ranked #13 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 662 ’s degrees in 2019-2020.
Michigan State also made our “Best Education Schools in Michigan” list, coming in at #4. The estimated yearly cost for Michigan State is $20,696 for michigan education students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 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.
Hope College ranked #14 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. This small school is located in Holland, Michigan, and it awarded 79 ’s education degrees in 2019-2020.
Hope not only placed well in this ranking. It is also #2 on our “Best Education Schools in Michigan” list. The yearly cost to attend Hope is $20,372 for michigan education students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
University of Detroit Mercy ranked #15 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. University of Detroit Mercy is located in Detroit, Michigan and, has a small student population. In 2019-2020, this school awarded 19 ’s education degrees to qualified students.
Detroit Mercy also made our “Best Education Schools in Michigan” list, coming in at #15. The estimated yearly cost for Detroit Mercy is $17,242 for Michigan Education students whose families make $48-$75k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
With a ranking of #16, Calvin University did quite well on the 2022 Best Value Education Schools in Michigan For Those Making $48-$75k list. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 126 diplomas to qualified ’s education students in 2019-2020.
In addition to being on our michigan education students whose families make $48-$75k list, Calvin has also earned the #3 rank in our “Best Education Schools in Michigan” ranking. The estimated yearly cost for Calvin is $23,773 for michigan education students whose families make $48-$75k.
The low student loan default rate of 1.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Northern Michigan University ranked #17 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. Northern Michigan University is a public institution located in Marquette, Michigan. The school has a medium-sized population, and it awarded 113 ’s degrees in 2019-2020.
Northern Michigan University also took the #19 spot in our “Best Education Schools in Michigan” ranking. The estimated yearly cost for Northern Michigan University is $15,753 for michigan education students whose families make $48-$75k.
Spring Arbor University ranked #18 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. Spring Arbor University is a small private not-for-profit school situated in Spring Arbor, Michigan. It awarded 93 ’s education degrees in 2019-2020.
Spring Arbor did well in our major quality rankings, too. It placed #13 on our “Best Education Schools in Michigan” list. The estimated yearly cost for Spring Arbor University is $18,662 for Michigan Education students whose families make $48-$75k.
With a ranking of #19, Baker College did quite well on the 2022 Best Value Education Schools in Michigan For Those Making $48-$75k list. Baker College is located in Owosso, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 40 ’s education degrees to qualified students.
It costs about $15,933 for Michigan Education students whose families make $48-$75k per year to attend Baker College.
With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
With a ranking of #20, Lake Superior State University did quite well on the 2022 Best Value Education Schools in Michigan For Those Making $48-$75k list. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out ’s education degrees to 29 students in 2019-2020.
In addition to being on our michigan education students whose families make $48-$75k list, Lake Superior State University has also earned the #24 rank in our “Best Education Schools in Michigan” ranking. The yearly cost to attend Lake Superior State University is $13,073 for michigan education students whose families make $48-$75k.
Western Michigan University ranked #21 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. This fairly large school is located in Kalamazoo, Michigan, and it awarded 506 ’s education degrees in 2019-2020.
WMU did well in our major quality rankings, too. It placed #9 on our “Best Education Schools in Michigan” list. It costs about $19,841 for Michigan Education students whose families make $48-$75k per year to attend WMU.
Madonna University ranked #22 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. Madonna is a private not-for-profit institution located in Livonia, Michigan. The school has a small population, and it awarded 88 ’s degrees in 2019-2020.
Madonna did well in our major quality rankings, too. It placed #22 on our “Best Education Schools in Michigan” list. It costs about $16,099 for Michigan Education students whose families make $48-$75k per year to attend Madonna University.
Alma College landed the #23 spot on the 2022 Best Value Education Schools in Michigan For Those Making $48-$75k ranking. Alma, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s education degrees to 34 students in 2019-2020.
As a testament to the quality of education offered at Alma, the school also landed the #7 spot in our “Best Education Schools in Michigan” ranking. The yearly cost to attend Alma College is $21,670 for michigan education students whose families make $48-$75k.
Cornerstone University came in at #24 in this year’s edition of the Best Value Education Schools in Michigan For Those Making $48-$75k ranking. Cornerstone University is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 58 ’s education degrees in 2019-2020.
In addition to being on our michigan education students whose families make $48-$75k list, Cornerstone has also earned the #25 rank in our “Best Education Schools in Michigan” ranking. It costs about $19,973 for michigan education students whose families make $48-$75k per year to attend Cornerstone.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Siena Heights University ranked #25 on this year’s Best Value Education Schools in Michigan For Those Making $48-$75k list. This small school is located in Adrian, Michigan, and it awarded 26 ’s education degrees in 2019-2020.
Siena Heights University did well in our major quality rankings, too. It placed #23 on our “Best Education Schools in Michigan” list. The estimated yearly cost for Siena Heights University is $18,562 for michigan education students whose families make $48-$75k.
- Best Value Colleges for Education (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Education (Income $48-$75k)
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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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