2027 Best Value Econometrics & Quantitative Economics Schools in Michigan

[Econometrics & Quantitative Economics](/majors/social-sciences/economics/econometrics-and-quantitative-economics/) degree programs vary widely in price and payoff across the country. The schools below stand out for delivering a strong econometrics & quantitative economics education at a price that pays off.
For its 2027 best-value ranking, College Factual looked at 6 schools to find the best return on investment for econometrics & quantitative economics students.
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2027 Best Value Econometrics & Quantitative Economics Schools in Michigan
Below are the schools that deliver the strongest value in econometrics & quantitative economics, balancing cost against outcomes.
Best Value Econometrics & Quantitative Economics Schools
University Of Michigan Ann Arbor earned the #1 spot for value among econometrics & quantitative economics schools in Michigan. Located in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public university. Expect in-state tuition and fees of around $18,848, compared with $63,081 for out-of-state students. Students borrow a median of $19,690 to complete the econometrics & quantitative economics program here. Soon after graduation, econometrics & quantitative economics degree recipients from University Of Michigan Ann Arbor generally make around $68,416. That is a strong return on a $19,690 median debt. University Of Michigan Ann Arbor admits about 16% of applicants.
Wayne State University is a great value for students pursuing a degree in econometrics & quantitative economics, landing the #2 spot 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, with out-of-state students paying around $34,650. Typical student debt for econometrics & quantitative economics graduates is $24,681. Soon after graduation, econometrics & quantitative economics degree recipients from Wayne State University generally make around $50,648. Set against $24,681 in median debt, that is a healthy payoff. The acceptance rate is 81%.
The strong cost-to-outcome balance at Albion College earned it the #3 place for econometrics & quantitative economics. Set in the town of Albion, Albion College is a small private not-for-profit institution. In-state tuition and fees average $56,950. Typical student debt for econometrics & quantitative economics graduates is $27,000. Econometrics & Quantitative Economics graduates of Albion College earn a median of $48,756 early in their careers. Set against $27,000 in median debt, that is a healthy payoff. Roughly 81% of applicants are accepted.
The strong cost-to-outcome balance at Western Michigan University earned it the #4 place for econometrics & quantitative economics. Set in the city of Kalamazoo, Western Michigan University is a large public institution. In-state tuition and fees average $15,987, with out-of-state students paying around $19,952. Typical student debt for econometrics & quantitative economics graduates is $27,981. Econometrics & Quantitative Economics graduates of Western Michigan University earn a median of $48,966 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Western Michigan University admits about 85% of applicants.
Students looking for strong value in econometrics & quantitative economics will find it at Kalamazoo College, which ranked #5. Located in the city of Kalamazoo, Kalamazoo College is a small private not-for-profit university. In-state tuition and fees average $60,900. Students borrow a median of $27,000 to complete the econometrics & quantitative economics program here. Early-career econometrics & quantitative economics graduates make about $42,508. Set against $27,000 in median debt, that is a healthy payoff. Roughly 75% of applicants are accepted.
Michigan State University ranked #6 on our 2027 list of the best value econometrics & quantitative economics schools. Located in the city of East Lansing, Michigan State University is a very large public university. In-state tuition and fees average $18,079, while out-of-state students pay about $44,850. 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%.
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Notes and References
This list is compiled 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 · 6 schools evaluated.
*Averages shown above reflect the top 6 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.