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2022 Best Value Master’s Degree Colleges for Applied Economics in the Great Lakes Region (With Aid)

5 Ranked Colleges
66 Degrees Awarded
$29,000 Avg Grad Tuition & Fees*
Best Value Applied Economics Schools for a Master's in the Great Lakes Region For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking as one item you can use to help make this decision.

Applied Economics is the 497th most popular major in the country with 652 degrees awarded in 2019-2020.

Across the Great Lakes region, there were 80 applied economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 66 applied economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 5 colleges that offer a degree in applied economics. The schools that top this list are recognized because they have great applied economics 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 applied economics 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

The applied economics 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 Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid

The colleges and universities below are the best for great lakes region master’s degree applied economics students with aid.

Top 5 Best Value Master’s Degree Colleges for Applied Economics in the Great Lakes Region (With Aid)

#1 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 46 masters’s degrees in 2019-2020.

U-M did well in our major quality rankings, too. It placed #1 on our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.

Read full report on Applied Economics at University of Michigan - Ann Arbor

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #2 for the Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 1 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #0 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read more about Applied Economics at University of Illinois at Chicago

#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Whitewater. The school came in at #3 for the Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid. University of Wisconsin - Whitewater is a fairly large school located in Whitewater, Wisconsin that handed out 2 masters’s applied economics degrees in 2019-2020.

UW - Whitewater not only placed well in this ranking. It is also #3 on our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UW - Whitewater are $19,200, but you may pay more or less depending on your major.

Full University of Wisconsin - Whitewater Applied Economics Report

#4

Eastern Michigan University

Ypsilanti, Michigan
#4 in overall quality

You’ll be in good company if you decide to attend Eastern Michigan University. It ranked #4 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s applied economics degrees to 5 students in 2019-2020.

In addition to being on our great lakes region master’s degree applied economics students with aid list, Eastern Michigan has also earned the #4 rank in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Eastern Michigan are $26,552.

Read more about Applied Economics at Eastern Michigan University

#5

Marquette University

Milwaukee, Wisconsin
#2 in overall quality

You’ll be in good company if you decide to attend Marquette University. It ranked #5 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Marquette University is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 11 masters’s degrees in 2019-2020.

Marquette also took the #2 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Marquette University are $21,690.

Read full report on Applied Economics at Marquette

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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.

Credits

  • Credit for the banner image above goes to pixabay.

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