2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 $30-$48k” 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.
This year’s “Best Value General Economics Schools in Michigan For Those Making $30-$48k” ranking looked at 17 colleges that offer degrees in a bachelor’s in general economics. The schools that top this list are recognized because they have great general 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 general 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.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Economics Schools in Michigan For Those Making $30-$48k” list, to help you choose the best school for you.
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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value General Economics Schools in Michigan For Those Making $30-$48k
The following schools top our list of the Best Best Value General Economics Schools in Michigan For Those Making $30-$48k.
Top 17 Best Value Colleges for General Economics (Income $30-$48k) in Michigan
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. University of Michigan - Ann Arbor 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.
U-M did well in our major quality rankings, too. It placed #1 on our “Best General Economics Schools in Michigan” list. It costs about $5,887 for Michigan General Economics students whose families make $30-$48k per year to attend University of Michigan - Ann Arbor.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k list. Michigan State is located in East Lansing, Michigan and, has a large student population. In 2019-2020, this school awarded 271 ’s general economics degrees to qualified students.
In addition to being on our michigan general economics students whose families make $30-$48k list, Michigan State has also earned the #2 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Michigan State is $15,197 for Michigan General Economics students whose families make $30-$48k.
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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #3 for the Best Value General Economics Schools in Michigan For Those Making $30-$48k. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 10 ’s general economics degrees to qualified students.
Oakland did well in our major quality rankings, too. It placed #13 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Oakland University is $7,751 for Michigan General Economics students whose families make $30-$48k.
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 $30-$48k list. GVSU 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 did well in our major quality rankings, too. It placed #8 on our “Best General Economics Schools in Michigan” list. It costs about $12,459 for michigan general economics students whose families make $30-$48k per year to attend GVSU.
The low student loan default rate of 3.7% 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 #5 for the Best Value General Economics Schools in Michigan For Those Making $30-$48k. University of Michigan - Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 27 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students whose families make $30-$48k list, UM Dearborn has also earned the #10 rank in our “Best General Economics Schools in Michigan” ranking. The estimated yearly cost for University of Michigan - Dearborn is $8,057 for Michigan General Economics students whose families make $30-$48k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
University of Detroit Mercy ranked #6 on this year’s Best Value General Economics Schools in Michigan For Those Making $30-$48k list. Located in Detroit, Michigan, this small private not-for-profit school awarded 7 diplomas to qualified ’s general economics students in 2019-2020.
In addition to being on our michigan general economics students whose families make $30-$48k list, Detroit Mercy has also earned the #4 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend University of Detroit Mercy is $15,023 for Michigan General Economics students whose families make $30-$48k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The student loan default rate at the school is 3.5%, which is quite low when compared to the national default rate of 10.1%.
University of Michigan - Flint came in at #7 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. UM Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 9 ’s general economics degrees to qualified students.
In addition to being on our michigan general economics students whose families make $30-$48k list, UM Flint has also earned the #15 rank in our “Best General Economics Schools in Michigan” ranking. It costs about $9,512 for Michigan General Economics students whose families make $30-$48k per year to attend UM Flint.
Albion College came in at #8 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. This small school is located in Albion, Michigan, and it awarded 26 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Albion, the school also landed the #7 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $12,541 for Michigan General Economics students whose families make $30-$48k per year to attend Albion College.
Central Michigan University landed the #9 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 31 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students whose families make $30-$48k list, Central Michigan has also earned the #12 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Central Michigan University is $12,127 for michigan general economics students whose families make $30-$48k.
Read full report on General Economics at Central Michigan University
Wayne State University came in at #10 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out ’s general economics degrees to 56 students in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #14 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Wayne State University is $11,554 for Michigan General Economics students whose families make $30-$48k.
Northern Michigan University landed the #11 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. Located in Marquette, Michigan, this medium-sized public school awarded 14 degrees to qualified ’s general economics students in 2019-2020.
Northern Michigan University also took the #16 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $11,723 for Michigan General Economics students whose families make $30-$48k per year to attend Northern Michigan University.
Read more about General Economics at Northern Michigan University
Hope College did quite well in the 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking, coming in at #12. Hope College is a small private not-for-profit school situated in Holland, Michigan. It awarded 15 ’s general economics degrees in 2019-2020.
Hope did well in our major quality rankings, too. It placed #3 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Hope College is $17,573 for Michigan General Economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
Western Michigan University ranked #13 on this year’s Best Value General Economics Schools in Michigan For Those Making $30-$48k list. This fairly large school is located in Kalamazoo, Michigan, and it awarded 6 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students whose families make $30-$48k list, WMU has also earned the #11 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Western Michigan University is $15,276 for michigan general economics students whose families make $30-$48k.
Eastern Michigan University landed the #14 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. Located in Ypsilanti, Michigan, this fairly large public school awarded 19 diplomas to qualified ’s general economics students in 2019-2020.
In addition to being on our michigan general economics students whose families make $30-$48k list, Eastern Michigan has also earned the #17 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Eastern Michigan is $14,136 for Michigan General Economics students whose families make $30-$48k.
Read more about General Economics at Eastern Michigan University
Kalamazoo College landed the #15 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k 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. It costs about $16,574 for Michigan General Economics students whose families make $30-$48k per year to attend Kalamazoo College.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Aquinas College Michigan came in at #16 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Making $30-$48k ranking. Aquinas College Michigan is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 4 ’s degrees in 2019-2020.
Aquinas College Michigan did well in our major quality rankings, too. It placed #9 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Aquinas College Michigan is $14,125 for michigan general economics students whose families make $30-$48k.
Read full report on General Economics at Aquinas College Michigan
With a ranking of #17, Calvin University did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Making $30-$48k list. Calvin University 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 $21,920 for Michigan General Economics students whose families make $30-$48k per year to attend Calvin.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%.
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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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