2022 Best Value Applied Economics Schools for a Master’s 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 Applied Economics Schools for a Master’s in the Great Lakes Region” ranking - to help you make that decision.

In 2019-2020, 652 people earned their degree in applied economics, making the major the 497th most popular in the United States.

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.

This year’s “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region” ranking looked at 4 colleges that offer degrees in a bachelor’s 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.

When determining these rankings, we looked at things such as overall quality of the applied economics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. 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 Applied Economics Schools for a Master’s in the Great Lakes Region

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

Top 4 Best Value Master’s Degree Colleges for Applied Economics in the Great Lakes Region

#1

Marquette University

Milwaukee, Wisconsin

#2 in overall quality

$21,690 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Marquette University. It ranked #1 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region list. Located in Milwaukee, Wisconsin, this fairly large private not-for-profit school handed out 11 degrees to qualified masters’s applied economics students in 2019-2020.

As a testament to the quality of education offered at Marquette, the school also landed the #2 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Marquette are $21,690, but you may pay more or less depending on your major.

Full Marquette Applied Economics Report

#2

University of Wisconsin - Whitewater

Whitewater, Wisconsin

#3 in overall quality

$19,200 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Applied Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, University of Wisconsin - Whitewater landed the #2 spot on the list. 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 did well in our major quality rankings, too. It placed #3 on our “Best Applied Economics Master’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 UW - Whitewater are $19,200.

Read full report on Applied Economics at UW - Whitewater

#3

Eastern Michigan University

Ypsilanti, Michigan

#4 in overall quality

$26,552 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Applied Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Eastern Michigan University landed the #3 spot on the 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.

Eastern Michigan not only placed well in this ranking. It is also #4 on our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Eastern Michigan are $26,552, but some majors have different tuition rates.

Read more about Applied Economics at Eastern Michigan

#4

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$49,548 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #4 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 46 masters’s applied economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree applied economics students list, U-M has also earned the #1 rank in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.

Full University of Michigan - Ann Arbor Applied Economics Report

• Best Value Master’s Degree Colleges for Applied Economics

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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