2027 Best Value Econometrics & Quantitative Economics Schools in the Great Lakes Region
[Econometrics & Quantitative Economics](/majors/social-sciences/economics/econometrics-and-quantitative-economics/) is a field worth comparing on the balance of cost and outcomes. The schools below stand out for delivering a strong econometrics & quantitative economics education at a price that pays off.
To produce this 2027 ranking, College Factual evaluated 39 schools on the balance of cost and outcomes for econometrics & quantitative economics students.
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2027 Best Value Econometrics & Quantitative Economics Schools in the Great Lakes Region
If you want to know which schools deliver the best value for the econometrics & quantitative economics degrees they offer, see the list below.
Best Value Econometrics & Quantitative Economics Schools
University Of Michigan Ann Arbor earned the #1 spot for value among econometrics & quantitative economics schools in the Great Lakes Region. Set in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public institution. The average in-state cost of tuition and fees is $18,848, while out-of-state students pay about $63,081. Students borrow a median of $19,690 to complete the econometrics & quantitative economics program here. Econometrics & Quantitative Economics graduates of University Of Michigan Ann Arbor earn a median of $68,416 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 16%.
Students looking for strong value in econometrics & quantitative economics will find it at University Of Illinois At Chicago, which ranked #2. University Of Illinois At Chicago is a very large public school located in the city of Chicago. The average in-state cost of tuition and fees is $15,949, with out-of-state students paying around $32,009. Econometrics & Quantitative Economics graduates carry a median of $19,002 in student loans. Soon after graduation, econometrics & quantitative economics degree recipients from University Of Illinois At Chicago generally make around $37,767. Weighed against typical debt, the earnings make a compelling case for value. University Of Illinois At Chicago admits about 77% of applicants.
The strong cost-to-outcome balance at University Of Chicago earned it the #3 place for econometrics & quantitative economics. University Of Chicago is a very large private not-for-profit school located in the city of Chicago. The average in-state cost of tuition and fees is $69,324. Students borrow a median of $13,197 to complete the econometrics & quantitative economics program here. Early-career econometrics & quantitative economics graduates make about $92,075. Set against $13,197 in median debt, that is a healthy payoff. The acceptance rate is 4%.
University Of Illinois At Urbana Champaign is a great value for students pursuing a degree in econometrics & quantitative economics, landing the #4 spot this year. Located in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public university. Expect in-state tuition and fees of around $18,267, compared with $40,096 for out-of-state students. Students borrow a median of $21,228 to complete the econometrics & quantitative economics program here. Soon after graduation, econometrics & quantitative economics degree recipients from University Of Illinois At Urbana Champaign generally make around $58,921. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 42%.
The strong cost-to-outcome balance at Indiana University Purdue University Indianapolis earned it the #5 place for econometrics & quantitative economics. Set in the city of Indianapolis, Indiana University Purdue University Indianapolis is a very large public institution. In-state tuition and fees average $10,762, with out-of-state students paying around $34,891. Typical student debt for econometrics & quantitative economics graduates is $18,711. Early-career econometrics & quantitative economics graduates make about $45,443. That is a strong return on a $18,711 median debt. The acceptance rate is 76%.
Wayne State University landed the #6 spot for econometrics & quantitative economics value this year. Wayne State University is a very large public school located in the city of Detroit. In-state tuition and fees average $16,159, while out-of-state students pay about $34,650. Typical student debt for econometrics & quantitative economics graduates is $24,681. Early-career econometrics & quantitative economics graduates make about $50,648. Weighed against typical debt, the earnings make a compelling case for value. Wayne State University admits about 81% of applicants.
Purdue University Main Campus ranked #7 on our 2027 list of the best value econometrics & quantitative economics schools. Located in the city of West Lafayette, Purdue University Main Campus is a very large public university. Students from in state pay about $9,992 in tuition and fees, with out-of-state students paying around $28,794. Econometrics & Quantitative Economics graduates carry a median of $24,700 in student loans. Early-career econometrics & quantitative economics graduates make about $59,187. Weighed against typical debt, the earnings make a compelling case for value. Purdue University Main Campus admits about 50% of applicants.
Northern Illinois University landed the #8 spot for econometrics & quantitative economics value this year. Northern Illinois University is a large public school located in the suburb of Dekalb. In-state tuition and fees average $13,060. Typical student debt for econometrics & quantitative economics graduates is $25,879. Econometrics & Quantitative Economics graduates of Northern Illinois University earn a median of $45,386 early in their careers. Set against $25,879 in median debt, that is a healthy payoff. Northern Illinois University admits about 70% of applicants.
University Of Wisconsin Oshkosh ranked #9 on our 2027 list of the best value econometrics & quantitative economics schools. Set in the city of Oshkosh, University Of Wisconsin Oshkosh is a large public institution. The average in-state cost of tuition and fees is $8,532, compared with $16,446 for out-of-state students. Students borrow a median of $25,000 to complete the econometrics & quantitative economics program here. Early-career econometrics & quantitative economics graduates make about $57,663. Weighed against typical debt, the earnings make a compelling case for value. University Of Wisconsin Oshkosh admits about 86% of applicants.
Southern Illinois University Carbondale placed #10 among the best values for econometrics & quantitative economics. Southern Illinois University Carbondale is a large public school located in the town of Carbondale. The average in-state cost of tuition and fees is $13,334. Typical student debt for econometrics & quantitative economics graduates is $25,049. Early-career econometrics & quantitative economics graduates make about $37,798. Weighed against typical debt, the earnings make a compelling case for value. Roughly 87% of applicants are accepted.
Ball State University placed #11 among the best values for econometrics & quantitative economics. Set in the city of Muncie, Ball State University is a very large public institution. Expect in-state tuition and fees of around $11,082, while out-of-state students pay about $29,630. Students borrow a median of $22,054 to complete the econometrics & quantitative economics program here. Soon after graduation, econometrics & quantitative economics degree recipients from Ball State University generally make around $56,782. That is a strong return on a $22,054 median debt. The acceptance rate is 86%.
University Of Akron Main Campus earned the #12 position for value in econometrics & quantitative economics this year. Set in the city of Akron, University Of Akron Main Campus is a large public institution. In-state tuition and fees average $13,135, compared with $20,815 for out-of-state students. Students borrow a median of $25,347 to complete the econometrics & quantitative economics program here. Early-career econometrics & quantitative economics graduates make about $49,045. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 60%.
Albion College placed #13 among the best values for econometrics & quantitative economics. Set in the town of Albion, Albion College is a small private not-for-profit institution. The average in-state cost of tuition and fees is $56,950. Econometrics & Quantitative Economics graduates carry a median of $27,000 in student loans. Econometrics & Quantitative Economics graduates of Albion College earn a median of $48,756 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 81% of applicants are accepted.
Western Michigan University landed the #14 spot for econometrics & quantitative economics value this year. Located in the city of Kalamazoo, Western Michigan University is a large public university. Students from in state pay about $15,987 in tuition and fees, while out-of-state students pay about $19,952. Econometrics & Quantitative Economics graduates carry a median of $27,981 in student loans. Econometrics & Quantitative Economics graduates of Western Michigan University earn a median of $48,966 early in their careers. Set against $27,981 in median debt, that is a healthy payoff. The acceptance rate is 85%.
Indiana University Bloomington landed the #15 spot for econometrics & quantitative economics value this year. Located in the city of Bloomington, Indiana University Bloomington is a very large public university. In-state tuition and fees average $12,144, with out-of-state students paying around $41,891. Typical student debt for econometrics & quantitative economics graduates is $20,500. Soon after graduation, econometrics & quantitative economics degree recipients from Indiana University Bloomington generally make around $59,142. Set against $20,500 in median debt, that is a healthy payoff. Roughly 78% of applicants are accepted.
University Of Wisconsin Madison earned the #16 position for value in econometrics & quantitative economics this year. Set in the city of Madison, University Of Wisconsin Madison is a very large public institution. Students from in state pay about $11,603 in tuition and fees, while out-of-state students pay about $42,103. Students borrow a median of $20,750 to complete the econometrics & quantitative economics program here. Econometrics & Quantitative Economics graduates of University Of Wisconsin Madison earn a median of $64,223 early in their careers. That is a strong return on a $20,750 median debt. The acceptance rate is 45%.
University Of Wisconsin Milwaukee earned the #17 position for value in econometrics & quantitative economics this year. University Of Wisconsin Milwaukee is a very large public school located in the city of Milwaukee. The average in-state cost of tuition and fees is $10,398, compared with $22,398 for out-of-state students. Students borrow a median of $27,000 to complete the econometrics & quantitative economics program here. Soon after graduation, econometrics & quantitative economics degree recipients from University Of Wisconsin Milwaukee generally make around $44,327. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 91%.
Cleveland State University earned the #18 position for value in econometrics & quantitative economics this year. Located in the city of Cleveland, Cleveland State University is a large public university. Expect in-state tuition and fees of around $12,982, compared with $18,502 for out-of-state students. Students borrow a median of $32,500 to complete the econometrics & quantitative economics program here. Econometrics & Quantitative Economics graduates of Cleveland State University earn a median of $44,759 early in their careers. Set against $32,500 in median debt, that is a healthy payoff. Roughly 91% of applicants are accepted.
Ohio State University Main Campus came in at #19 for value in econometrics & quantitative economics this year. Ohio State University Main Campus is a very large public school located in the city of Columbus. The average in-state cost of tuition and fees is $13,244, with out-of-state students paying around $40,022. Typical student debt for econometrics & quantitative economics graduates is $23,125. Early-career econometrics & quantitative economics graduates make about $60,658. Set against $23,125 in median debt, that is a healthy payoff. The acceptance rate is 61%.
Michigan State University came in at #20 for value in econometrics & quantitative economics this year. Located in the city of East Lansing, Michigan State University is a very large public university. In-state tuition and fees average $18,079, compared with $44,850 for out-of-state students. Econometrics & Quantitative Economics graduates carry a median of $24,250 in student loans. Soon after graduation, econometrics & quantitative economics degree recipients from Michigan State University generally make around $54,013. Set against $24,250 in median debt, that is a healthy payoff. The acceptance rate is 85%.
Illinois State University earned the #21 position for value in econometrics & quantitative economics this year. Located in the suburb of Normal, Illinois State University is a very large public university. Expect in-state tuition and fees of around $14,410, compared with $26,058 for out-of-state students. Students borrow a median of $25,000 to complete the econometrics & quantitative economics program here. Early-career econometrics & quantitative economics graduates make about $44,015. That is a strong return on a $25,000 median debt. Illinois State University admits about 88% of applicants.
Kalamazoo College placed #22 among the best values for econometrics & quantitative economics. Set in the city of Kalamazoo, Kalamazoo College is a small private not-for-profit institution. Students from in state pay about $60,900 in tuition and fees. Typical student debt for econometrics & quantitative economics graduates is $27,000. Early-career econometrics & quantitative economics graduates make about $42,508. That is a strong return on a $27,000 median debt. Kalamazoo College admits about 75% of applicants.
Kent State University At Kent came in at #23 for value in econometrics & quantitative economics this year. Set in the suburb of Kent, Kent State University At Kent is a very large public institution. Expect in-state tuition and fees of around $12,220, while out-of-state students pay about $21,575. Econometrics & Quantitative Economics graduates carry a median of $25,000 in student loans. Early-career econometrics & quantitative economics graduates make about $56,731. Set against $25,000 in median debt, that is a healthy payoff. Roughly 86% of applicants are accepted.
Ohio University Main Campus ranked #24 on our 2027 list of the best value econometrics & quantitative economics schools. Set in the town of Athens, Ohio University Main Campus is a very large public institution. In-state tuition and fees average $14,158, while out-of-state students pay about $24,838. Students borrow a median of $19,750 to complete the econometrics & quantitative economics program here. Econometrics & Quantitative Economics graduates of Ohio University Main Campus earn a median of $66,237 early in their careers. Set against $19,750 in median debt, that is a healthy payoff. Ohio University Main Campus admits about 85% of applicants.
Depauw University earned the #25 position for value in econometrics & quantitative economics this year. Set in the town of Greencastle, Depauw University is a small private not-for-profit institution. Expect in-state tuition and fees of around $59,070. Econometrics & Quantitative Economics graduates carry a median of $26,978 in student loans. Soon after graduation, econometrics & quantitative economics degree recipients from Depauw University generally make around $63,395. That is a strong return on a $26,978 median debt. Depauw University admits about 57% of applicants.
Rest of the Top 39 Best Value Econometrics & Quantitative Economics Schools
These schools also delivered strong value for econometrics & quantitative economics this year:
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 39 schools evaluated.
*Averages shown above reflect the top 39 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.
