2022 Best Value Master’s Degree Colleges for General Economics (Income $30-$48k) in Michigan

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 for a Master’s in Michigan For Those Making $30-$48k” ranking - to help you make that decision.

In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.

Across Michigan, there were 1,223 general economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 52 general economics graduates with average earnings and debt of $58,608 and $41,198 respectively.

For this year’s “Best Value General Economics Schools for a Master’s in Michigan For Those Making $30-$48k” ranking, we looked at 4 colleges that offer a degree in general economics. This ranking identifies schools with high-quality general economics programs that also have a lower cost than 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. See our ranking methodology to learn more.

More Ways to Rank General Economics Schools

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 General Economics Schools for a Master’s in Michigan For Those Making $30-$48k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Economics Schools for a Master’s in Michigan For Those Making $30-$48k

The colleges and universities below are the best for michigan master’s degree general economics students whose families make $30-$48k.

Top 4 Best Value Master’s Degree Colleges for General Economics (Income $30-$48k) in Michigan

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$49,548 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value General Economics Schools for a Master’s 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 a large school located in Ann Arbor, Michigan that handed out 17 masters’s general economics degrees in 2019-2020.

U-M did well in our major quality rankings, too. It placed #1 on our “Best General Economics Master’s Degree Schools in Michigan” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.

Read more about General Economics at U-M

#2

University of Detroit Mercy

Detroit, Michigan

$20,047 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value General Economics Schools for a Master’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, University of Detroit Mercy landed the #2 spot on the list. This small school is located in Detroit, Michigan, and it awarded 5 masters’s general economics degrees in 2019-2020.

Detroit Mercy also took the #0 spot in our “Best General Economics Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Detroit Mercy are $20,047, but some majors have different tuition rates.

Read full report on General Economics at University of Detroit Mercy

#3

Central Michigan University

Mount Pleasant, Michigan

#2 in overall quality

$19,359 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value General Economics Schools for a Master’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Central Michigan University landed the #3 spot on the list. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s general economics degrees to 14 students in 2019-2020.

Central Michigan also made our “Best General Economics Master’s Degree Schools in Michigan” list, coming in at #2. Average graduate tuition and fees at Central Michigan are $19,359, but some majors have different tuition rates.

Read full report on General Economics at Central Michigan University

#4

Wayne State University

Detroit, Michigan

#3 in overall quality

$37,215 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value General Economics Schools for a Master’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Wayne State University landed the #4 spot on the list. This large school is located in Detroit, Michigan, and it awarded 16 masters’s general economics degrees in 2019-2020.

Wayne State not only placed well in this ranking. It is also #3 on our “Best General Economics Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Wayne State are $37,215, but some majors have different tuition rates.

Read full report on General Economics at Wayne State University

• Best Value Master’s Degree Colleges for General Economics (Income $30-$48k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for General Economics (Income $30-$48k)

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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