2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value General Economics Schools in Michigan For Those Making $0-$30k” ranking - to help you make that decision.
General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.
Across Michigan, there were 1,223 general economics graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value General Economics Schools in Michigan For Those Making $0-$30k” ranking, we looked at 17 colleges that offer a degree in general economics. Not only do the schools that top this list have excellent general economics programs, but they also cost less that 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 general economics program at the school. Check out our ranking methodology for more information.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Economics Schools in Michigan For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value General Economics Schools in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value General Economics Schools in Michigan For Those Making $0-$30k.
Top 17 Best Value Colleges for General Economics (Income $0-$30k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k list. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 623 ’s general economics degrees to qualified students.
In addition to being on our michigan general economics students whose families make $0-$30k list, U-M has also earned the #1 rank in our “Best General Economics Schools in Michigan” ranking. The estimated yearly cost for U-M is $3,166 for Michigan General Economics students whose families make $0-$30k.
The low student loan default rate of 1.2% 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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. Michigan State University is a large school located in East Lansing, Michigan that handed out 271 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #2 spot in our “Best General Economics Schools in Michigan” ranking. The estimated yearly cost for Michigan State University is $6,686 for michigan general economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.6% 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%.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #3 for the Best Value General Economics Schools in Michigan For Those Making $0-$30k. UM Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 27 ’s general economics degrees in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #10 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend University of Michigan - Dearborn is $6,751 for michigan general economics students whose families make $0-$30k.
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%.
Read more about General Economics at University of Michigan - Dearborn
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #4 on our 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k list. Grand Valley State University is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 20 ’s general economics degrees to qualified students.
GVSU not only placed well in this ranking. It is also #8 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Grand Valley State University is $11,578 for michigan general economics students whose families make $0-$30k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Albion College landed the #5 spot on the list. Albion is a small private not-for-profit school situated in Albion, Michigan. It awarded 26 ’s general economics degrees in 2019-2020.
Albion also took the #7 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $12,032 for Michigan General Economics students whose families make $0-$30k per year to attend Albion.
Oakland University ranked #6 on this year’s Best Value General Economics Schools in Michigan For Those Making $0-$30k list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 10 ’s general economics degrees in 2019-2020.
Oakland not only placed well in this ranking. It is also #13 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Oakland is $7,490 for michigan general economics students whose families make $0-$30k.
University of Michigan - Flint did quite well in the 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking, coming in at #7. UM Flint is a medium-sized school located in Flint, Michigan that handed out 9 ’s general economics degrees in 2019-2020.
UM Flint not only placed well in this ranking. It is also #15 on our “Best General Economics Schools in Michigan” list. It costs about $7,955 for michigan general economics students whose families make $0-$30k per year to attend UM Flint.
University of Detroit Mercy came in at #8 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. Located in Detroit, Michigan, this small private not-for-profit school handed out 7 degrees to qualified ’s general economics students in 2019-2020.
Detroit Mercy also made our “Best General Economics Schools in Michigan” list, coming in at #4. The yearly cost to attend Detroit Mercy is $13,879 for Michigan General Economics students whose families make $0-$30k.
The low student loan default rate of 3.5% 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 86%.
Read more about General Economics at University of Detroit Mercy
Central Michigan University landed the #9 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. Located in Mount Pleasant, Michigan, this fairly large public school handed out 31 degrees to qualified ’s general economics students in 2019-2020.
Central Michigan did well in our major quality rankings, too. It placed #12 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Central Michigan University is $11,598 for Michigan General Economics students whose families make $0-$30k.
Northern Michigan University came in at #10 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. This medium-sized school is located in Marquette, Michigan, and it awarded 14 ’s general economics degrees in 2019-2020.
Northern Michigan University did well in our major quality rankings, too. It placed #16 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Northern Michigan University is $9,137 for Michigan General Economics students whose families make $0-$30k.
Read more about General Economics at Northern Michigan University
Wayne State University did quite well in the 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking, coming in at #11. Located in Detroit, Michigan, this large public school handed out 56 diplomas to qualified ’s general economics students in 2019-2020.
Wayne State also took the #14 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $11,413 for Michigan General Economics students whose families make $0-$30k per year to attend Wayne State.
Read full report on General Economics at Wayne State University
Aquinas College Michigan did quite well in the 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking, coming in at #12. Aquinas College Michigan is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 4 ’s general economics degrees to qualified students.
As a testament to the quality of education offered at Aquinas College Michigan, the school also landed the #9 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Aquinas College Michigan is $13,510 for michigan general economics students whose families make $0-$30k.
Western Michigan University ranked #13 on this year’s Best Value General Economics Schools in Michigan For Those Making $0-$30k list. WMU is a fairly large school located in Kalamazoo, Michigan that handed out 6 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #11 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend WMU is $13,021 for Michigan General Economics students whose families make $0-$30k.
Read more about General Economics at Western Michigan University
Hope College landed the #14 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. This small school is located in Holland, Michigan, and it awarded 15 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students whose families make $0-$30k list, Hope has also earned the #3 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Hope College is $16,113 for michigan general economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 2.1% 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%.
Eastern Michigan University came in at #15 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. This fairly large school is located in Ypsilanti, Michigan, and it awarded 19 ’s general economics degrees in 2019-2020.
Eastern Michigan did well in our major quality rankings, too. It placed #17 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Eastern Michigan is $13,904 for Michigan General Economics students whose families make $0-$30k.
Kalamazoo College came in at #16 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. K College is a private not-for-profit institution located in Kalamazoo, Michigan. The school has a small population, and it awarded 20 ’s degrees in 2019-2020.
K College not only placed well in this ranking. It is also #5 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Kalamazoo College is $13,393 for Michigan General Economics students whose families make $0-$30k.
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%.
Calvin University landed the #17 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $0-$30k ranking. Calvin is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 13 ’s degrees in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #6 on our “Best General Economics Schools in Michigan” list. It costs about $21,344 for michigan general economics students whose families make $0-$30k per year to attend Calvin.
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%.
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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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- Credit for the banner image above goes to pixabay.
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