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2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k

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Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. 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 in the Great Lakes Region For Those Making $48-$75k” ranking.

General Economics is the 29th most popular major in the country with 28,837 degrees awarded in 2020-2021.

Across the Great Lakes region, there were 3,685 general economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k” ranking looked at 66 colleges that offer degrees in a bachelor’s in general economics. This ranking identifies schools with high-quality general economics programs that also have a lower cost than 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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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 in the Great Lakes Region For Those Making $48-$75k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k.

Top 25 Best Value Colleges for General Economics (Income $48-$75k) in the Great Lakes Region

1

Out of the 66 schools in the Best Value General Economics Schools in the Great Lakes Region 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. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out ’s general economics degrees to 646 students in 2020-2021.

U-M also made our “Best General Economics Schools in the Great Lakes Region” list, coming in at #1. The estimated yearly cost for University of Michigan - Ann Arbor is $10,481 for Great Lakes Region General Economics students whose families make $48-$75k.

With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.

Full University of Michigan - Ann Arbor General Economics Report

2

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 624 ’s general economics degrees in 2020-2021.

UW - Madison also took the #2 spot in our “Best General Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Madison is $10,364 for great lakes region general economics students whose families make $48-$75k.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.9% 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%.

Read full report on General Economics at University of Wisconsin - Madison

3

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 352 ’s general economics degrees in 2020-2021.

UIUC also took the #3 spot in our “Best General Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for UIUC is $11,505 for great lakes region general economics students whose families make $48-$75k.

The low undergrad student loan default rate of 2.3% 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 94%, which means students like the school well enough to return for a second year.

Read full report on General Economics at UIUC

4

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #4 for the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k. IU Bloomington is a large public school situated in Bloomington, Indiana. It awarded 124 ’s general economics degrees in 2020-2021.

IU Bloomington did well in our major quality rankings, too. It placed #7 on our “Best General Economics Schools in the Great Lakes Region” list. The yearly cost to attend IU Bloomington is $12,369 for Great Lakes Region General Economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Read full report on General Economics at IU Bloomington

5
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Beloit College
Beloit, Wisconsin

You’ll be in good company if you decide to attend Beloit College. It ranked #5 on our 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Beloit is located in Beloit, Wisconsin and, has a small student population. In 2020-2021, this school awarded 4 ’s general economics degrees to qualified students.

Beloit not only placed well in this ranking. It is also #12 on our “Best General Economics Schools in the Great Lakes Region” list. It costs about $10,850 for great lakes region general economics students whose families make $48-$75k per year to attend Beloit.

The undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students. The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about General Economics at Beloit College

6
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Kenyon College
Gambier, Ohio

Kenyon College came in at #6 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Gambier, Ohio, this small private not-for-profit school handed out 28 diplomas to qualified ’s general economics students in 2020-2021.

Kenyon did well in our major quality rankings, too. It placed #9 on our “Best General Economics Schools in the Great Lakes Region” list. The yearly cost to attend Kenyon College is $20,727 for Great Lakes Region General Economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on General Economics at Kenyon College

7

University of Illinois at Chicago came in at #7 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. UIC is a large school located in Chicago, Illinois that handed out 117 ’s general economics degrees in 2020-2021.

UIC not only placed well in this ranking. It is also #10 on our “Best General Economics Schools in the Great Lakes Region” list. The estimated yearly cost for University of Illinois at Chicago is $14,105 for Great Lakes Region General Economics students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at UIC

8

University of Wisconsin - River Falls came in at #8 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. UW - River Falls is a public institution located in River Falls, Wisconsin. The school has a medium-sized population, and it awarded 23 ’s degrees in 2020-2021.

As a testament to the quality of education offered at UW - River Falls, the school also landed the #13 spot in our “Best General Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for UW - River Falls is $14,528 for Great Lakes Region General Economics students whose families make $48-$75k.

The low undergrad student loan default rate of 3.0% 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%.

Read full report on General Economics at UW - River Falls

9
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University landed the #9 spot on the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. This large school is located in East Lansing, Michigan, and it awarded 277 ’s general economics degrees in 2020-2021.

In addition to being on our great lakes region general economics students whose families make $48-$75k list, Michigan State has also earned the #4 rank in our “Best General Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State University is $20,557 for great lakes region general economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Read full report on General Economics at Michigan State

10

University of Wisconsin - La Crosse came in at #10 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. University of Wisconsin - La Crosse is a fairly large school located in La Crosse, Wisconsin that handed out 25 ’s general economics degrees in 2020-2021.

The yearly cost to attend University of Wisconsin - La Crosse is $13,198 for Great Lakes Region General Economics students whose families make $48-$75k.

The low undergrad student loan default rate of 1.5% 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%.

Full UW - La Crosse General Economics Report

11

Indiana University - Purdue University - Indianapolis ranked #11 on this year’s Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. IUPUI is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 26 ’s degrees in 2020-2021.

The yearly cost to attend Indiana University - Purdue University - Indianapolis is $13,306 for Great Lakes Region General Economics students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at IUPUI

12
Oakland crest
Oakland University
Rochester Hills, Michigan

Oakland University did quite well in the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 11 ’s general economics degrees in 2020-2021.

The estimated yearly cost for Oakland is $12,008 for great lakes region general economics students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Full Oakland General Economics Report

13
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Wabash College
Crawfordsville, Indiana

Wabash College ranked #13 on this year’s Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Wabash is a small school located in Crawfordsville, Indiana that handed out 21 ’s general economics degrees in 2020-2021.

As a testament to the quality of education offered at Wabash, the school also landed the #18 spot in our “Best General Economics Schools in the Great Lakes Region” ranking. It costs about $19,742 for great lakes region general economics students whose families make $48-$75k per year to attend Wabash.

The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low undergrad student loan default rate of 2.8% 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%.

Read full report on General Economics at Wabash

14

University of Michigan - Dearborn landed the #14 spot on the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. UM Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 23 ’s degrees in 2020-2021.

It costs about $12,398 for great lakes region general economics students whose families make $48-$75k per year to attend UM Dearborn.

The low undergrad 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%.

Read full report on General Economics at UM Dearborn

15

University of Wisconsin - Eau Claire ranked #15 on this year’s Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Eau Claire, Wisconsin, and it awarded 44 ’s general economics degrees in 2020-2021.

In addition to being on our great lakes region general economics students whose families make $48-$75k list, UW - Eau Claire has also earned the #19 rank in our “Best General Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - Eau Claire is $14,737 for Great Lakes Region General Economics students whose families make $48-$75k.

Read full report on General Economics at University of Wisconsin - Eau Claire

16

Southern Illinois University Carbondale came in at #16 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. This fairly large school is located in Carbondale, Illinois, and it awarded 22 ’s general economics degrees in 2020-2021.

SIUC not only placed well in this ranking. It is also #23 on our “Best General Economics Schools in the Great Lakes Region” list. It costs about $14,499 for great lakes region general economics students whose families make $48-$75k per year to attend Southern Illinois University Carbondale.

Read more about General Economics at Southern Illinois University Carbondale

17

University of Wisconsin - Whitewater came in at #17 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. This fairly large school is located in Whitewater, Wisconsin, and it awarded 17 ’s general economics degrees in 2020-2021.

UW - Whitewater not only placed well in this ranking. It is also #24 on our “Best General Economics Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Whitewater is $14,226 for Great Lakes Region General Economics students whose families make $48-$75k.

Read more about General Economics at UW - Whitewater

18
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Valparaiso University
Valparaiso, Indiana

Valparaiso University landed the #18 spot on the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Valparaiso University is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 10 ’s degrees in 2020-2021.

Valpo also took the #11 spot in our “Best General Economics Schools in the Great Lakes Region” ranking. It costs about $21,256 for great lakes region general economics students whose families make $48-$75k per year to attend Valpo.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Full Valparaiso University General Economics Report

18
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Albion College
Albion, Michigan

Albion College did quite well in the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #18. Albion is a small school located in Albion, Michigan that handed out 34 ’s general economics degrees in 2020-2021.

It costs about $14,717 for great lakes region general economics students whose families make $48-$75k per year to attend Albion.

Read more about General Economics at Albion College

20
Wayne State crest
Wayne State University
Detroit, Michigan

Wayne State University came in at #20 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Wayne State University is located in Detroit, Michigan and, has a large student population. In 2020-2021, this school awarded 45 ’s general economics degrees to qualified students.

The estimated yearly cost for Wayne State University is $13,612 for Great Lakes Region General Economics students whose families make $48-$75k.

Read more about General Economics at Wayne State

21

Southern Illinois University Edwardsville did quite well in the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #21. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s general economics degrees to 12 students in 2020-2021.

It costs about $12,950 for great lakes region general economics students whose families make $48-$75k per year to attend SIUE.

Read full report on General Economics at Southern Illinois University Edwardsville

22
Ball State crest
Ball State University
Muncie, Indiana

With a ranking of #22, Ball State University did quite well on the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Ball State is a large public school situated in Muncie, Indiana. It awarded 39 ’s general economics degrees in 2020-2021.

The estimated yearly cost for Ball State University is $15,158 for great lakes region general economics students whose families make $48-$75k.

The low undergrad student loan default rate of 4.2% 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%.

Read more about General Economics at Ball State University

23
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Eastern Michigan University
Ypsilanti, Michigan

With a ranking of #23, Eastern Michigan University did quite well on the 2023 Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Eastern Michigan is a fairly large school located in Ypsilanti, Michigan that handed out 23 ’s general economics degrees in 2020-2021.

Eastern Michigan not only placed well in this ranking. It is also #25 on our “Best General Economics Schools in the Great Lakes Region” list. It costs about $14,547 for great lakes region general economics students whose families make $48-$75k per year to attend Eastern Michigan.

Full Eastern Michigan General Economics Report

24
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University came in at #24 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Central Michigan is a fairly large school located in Mount Pleasant, Michigan that handed out 18 ’s general economics degrees in 2020-2021.

The yearly cost to attend Central Michigan is $15,720 for Great Lakes Region General Economics students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.

Read more about General Economics at Central Michigan University

25

University of Wisconsin - Parkside came in at #25 in this year’s edition of the Best Value General Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Kenosha, Wisconsin is the setting for this small institution of higher learning. The public school handed out ’s general economics degrees to 13 students in 2020-2021.

The estimated yearly cost for UW - Parkside is $12,061 for great lakes region general economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at UW - Parkside

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