2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking.
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. At the bachelor’s degree level specifically, there were 1,141 general economics graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking analyzed 17 colleges that offered a degree 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. For more information, check out our ranking methodology.
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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 for a Bachelor’s in Michigan For Those Making $48-$75k” list, to help you choose the best school for you.
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Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k
The colleges and universities below are the best for michigan bachelor’s degree general economics students whose families make $48-$75k.
Top 17 Best Value Bachelor’s Degree Colleges for General Economics (Income $48-$75k) in Michigan
Out of the 17 schools in the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 586 bachelors’s degrees in 2019-2020.
U-M also took the #1 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend U-M is $10,028 for Michigan Bachelor’s Degree General Economics students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Full University of Michigan - Ann Arbor General Economics Report
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #2 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. This medium-sized school is located in Dearborn, Michigan, and it awarded 27 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at UM Dearborn, the school also landed the #10 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $10,553 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend UM Dearborn.
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%.
You’ll be in good company if you decide to attend Oakland University. It ranked #3 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Oakland University is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 10 bachelors’s general economics degrees to qualified students.
Oakland also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #13. The estimated yearly cost for Oakland University is $10,387 for Michigan Bachelor’s Degree General Economics students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend Albion College. The school came in at #4 for the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k. Albion is a small private not-for-profit school situated in Albion, Michigan. It awarded 26 bachelors’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 Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,499 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend Albion College.
You’ll be in good company if you decide to attend University of Detroit Mercy. It ranked #5 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Detroit Mercy is a private not-for-profit institution located in Detroit, Michigan. The school has a small population, and it awarded 2 bachelors’s degrees in 2019-2020.
Detroit Mercy also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #5. It costs about $17,242 for Michigan Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend Detroit Mercy.
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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Michigan State University landed the #6 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Michigan State University is a large school located in East Lansing, Michigan that handed out 271 bachelors’s general economics degrees in 2019-2020.
Michigan State not only placed well in this ranking. It is also #2 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $20,696 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend Michigan State University.
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 school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
With a ranking of #7, Grand Valley State University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s general economics degrees to 20 students in 2019-2020.
GVSU did well in our major quality rankings, too. It placed #8 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $15,775 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend Grand Valley State University.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Read more about General Economics at Grand Valley State University
Aquinas College Michigan landed the #8 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k 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 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree general economics students whose families make $48-$75k list, Aquinas College Michigan has also earned the #9 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $17,715 for Michigan Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend Aquinas College Michigan.
Read full report on General Economics at Aquinas College Michigan
Wayne State University ranked #9 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Wayne State University is a large school located in Detroit, Michigan that handed out 30 bachelors’s general economics degrees in 2019-2020.
Wayne State also took the #14 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Wayne State is $13,668 for Michigan Bachelor’s Degree General Economics students whose families make $48-$75k.
University of Michigan - Flint landed the #10 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. UM Flint is a medium-sized public school situated in Flint, Michigan. It awarded 9 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at UM Flint, the school also landed the #15 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $13,343 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend UM Flint.
Full University of Michigan - Flint General Economics Report
Central Michigan University came in at #11 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Located in Mount Pleasant, Michigan, this fairly large public school awarded 17 degrees to qualified bachelors’s general economics students in 2019-2020.
Central Michigan also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #12. The estimated yearly cost for Central Michigan University is $14,591 for michigan bachelor’s degree general economics students whose families make $48-$75k.
Read full report on General Economics at Central Michigan University
With a ranking of #12, Eastern Michigan University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Located in Ypsilanti, Michigan, this fairly large public school awarded 19 diplomas to qualified bachelors’s general economics students in 2019-2020.
Eastern Michigan also took the #17 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan is $16,042 for michigan bachelor’s degree general economics students whose families make $48-$75k.
Hope College did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #13. Hope is a small school located in Holland, Michigan that handed out 15 bachelors’s general economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree general economics students whose families make $48-$75k list, Hope has also earned the #3 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $20,372 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend Hope.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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%.
With a ranking of #14, Kalamazoo College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Kalamazoo College is a small private not-for-profit school situated in Kalamazoo, Michigan. It awarded 20 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at K College, the school also landed the #4 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $22,229 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend K 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%.
Northern Michigan University ranked #15 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Northern Michigan University is located in Marquette, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 14 bachelors’s general economics degrees to qualified students.
Northern Michigan University did well in our major quality rankings, too. It placed #16 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $15,753 for michigan bachelor’s degree general economics students whose families make $48-$75k per year to attend Northern Michigan University.
Read full report on General Economics at Northern Michigan University
Calvin University ranked #16 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 13 degrees to qualified bachelors’s general economics students in 2019-2020.
Calvin also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #6. The yearly cost to attend Calvin is $23,773 for michigan bachelor’s degree general economics students whose families make $48-$75k.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Western Michigan University came in at #17 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Western Michigan University is a fairly large school located in Kalamazoo, Michigan that handed out 6 bachelors’s general economics degrees in 2019-2020.
WMU also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #11. The yearly cost to attend Western Michigan University is $19,841 for Michigan Bachelor’s Degree General Economics students whose families make $48-$75k.
Read more about General Economics at Western Michigan University
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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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