2022 Best Value Colleges for General Economics (Income $48-$75k) in Michigan
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value General Economics Schools in Michigan For Those Making $48-$75k” ranking as one item you can use to help make this 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 $48-$75k” ranking looked at 17 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.
When determining these rankings, we looked at things such as overall quality of the general economics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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One Size Does Not Fit All
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 Michigan For Those Making $48-$75k” list to help you make the college decision.
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. 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 in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value General Economics Schools in Michigan For Those Making $48-$75k.
Top 17 Best Value Colleges for General Economics (Income $48-$75k) in Michigan
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value General Economics Schools in Michigan For Those Making $48-$75k. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 623 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students whose families make $48-$75k list, U-M has also earned the #1 rank in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend U-M is $10,028 for Michigan General Economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 96%, 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 1.2%, which is much lower than the national rate of 10.1%.
Full University of Michigan - Ann Arbor General Economics Report
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #2 for the Best Value General Economics Schools in Michigan For Those Making $48-$75k. UM Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 27 ’s general economics degrees in 2019-2020.
UM Dearborn also made our “Best General Economics Schools in Michigan” list, coming in at #10. It costs about $10,553 for michigan general economics students whose families make $48-$75k per year to attend University of Michigan - Dearborn.
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%.
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Detroit Mercy landed the #3 spot on the list. University of Detroit Mercy is located in Detroit, Michigan and, has a small student population. In 2019-2020, this school awarded 7 ’s general economics degrees to qualified students.
Detroit Mercy also made our “Best General Economics Schools in Michigan” list, coming in at #4. The estimated yearly cost for University of Detroit Mercy is $17,242 for Michigan General Economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. 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%.
Read more about General Economics at University of Detroit Mercy
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Oakland University landed the #4 spot on the list. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 10 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #13 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $10,387 for michigan general economics students whose families make $48-$75k per year to attend Oakland.
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Albion College landed the #5 spot on the list. Albion, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 26 students in 2019-2020.
Albion also took the #7 spot in our “Best General Economics Schools in Michigan” ranking. The estimated yearly cost for Albion College is $14,499 for michigan general economics students whose families make $48-$75k.
Michigan State University ranked #6 on this year’s Best Value General Economics Schools in Michigan For Those Making $48-$75k list. Michigan State is a large school located in East Lansing, Michigan that handed out 271 ’s general economics degrees in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #2 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Michigan State University is $20,696 for Michigan General Economics students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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%.
Read full report on General Economics at Michigan State University
Grand Valley State University ranked #7 on this year’s Best Value General Economics Schools in Michigan For Those Making $48-$75k list. GVSU is a large public school situated in Allendale, Michigan. It awarded 20 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at GVSU, the school also landed the #8 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Grand Valley State University is $15,775 for michigan general economics students whose families make $48-$75k.
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%.
Read more about General Economics at Grand Valley State University
Aquinas College Michigan came in at #8 in this year’s edition of the Best Value General Economics Schools 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 ’s degrees in 2019-2020.
Aquinas College Michigan also took the #9 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $17,715 for Michigan General Economics students whose families make $48-$75k per year to attend Aquinas College Michigan.
Read more about General Economics at Aquinas College Michigan
With a ranking of #9, Wayne State University did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k list. This large school is located in Detroit, Michigan, and it awarded 56 ’s general economics degrees 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. It costs about $13,668 for Michigan General Economics students whose families make $48-$75k per year to attend Wayne State.
Read full report on General Economics at Wayne State University
University of Michigan - Flint landed the #10 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k ranking. University of Michigan - 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.
UM Flint also made our “Best General Economics Schools in Michigan” list, coming in at #15. The yearly cost to attend University of Michigan - Flint is $13,343 for michigan general economics students whose families make $48-$75k.
With a ranking of #11, Central Michigan University did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k list. Central Michigan University is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 31 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students whose families make $48-$75k list, Central Michigan has also earned the #12 rank in our “Best General Economics Schools in Michigan” ranking. It costs about $14,591 for Michigan General Economics students whose families make $48-$75k per year to attend Central Michigan University.
Eastern Michigan University did quite well in the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k ranking, coming in at #12. Eastern Michigan University is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 19 ’s general economics degrees to qualified students.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #17 spot in our “Best General Economics Schools in Michigan” ranking. It costs about $16,042 for michigan general economics students whose families make $48-$75k per year to attend Eastern Michigan.
Hope College landed the #13 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k ranking. Hope is located in Holland, Michigan and, has a small student population. In 2019-2020, this school awarded 15 ’s general economics degrees to qualified students.
Hope also took the #3 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Hope is $20,372 for Michigan General Economics students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Kalamazoo College landed the #14 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k ranking. Kalamazoo College is located in Kalamazoo, Michigan and, has a small student population. In 2019-2020, this school awarded 20 ’s general economics degrees to qualified students.
K College did well in our major quality rankings, too. It placed #5 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Kalamazoo College is $22,229 for Michigan General Economics students whose families make $48-$75k.
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%.
Northern Michigan University ranked #15 on this year’s Best Value General Economics Schools in Michigan For Those Making $48-$75k list. Northern Michigan University is a medium-sized public school situated in Marquette, Michigan. It awarded 14 ’s general economics degrees in 2019-2020.
Northern Michigan University also made our “Best General Economics Schools in Michigan” list, coming in at #16. The estimated yearly cost for Northern Michigan University is $15,753 for Michigan General Economics students whose families make $48-$75k.
Read more about General Economics at Northern Michigan University
Calvin University landed the #16 spot on the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k ranking. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 13 students in 2019-2020.
Calvin not only placed well in this ranking. It is also #6 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend Calvin is $23,773 for michigan general economics students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Western Michigan University did quite well in the 2022 Best Value General Economics Schools in Michigan For Those Making $48-$75k ranking, coming in at #17. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s general economics degrees to 6 students in 2019-2020.
In addition to being on our michigan general economics students whose families make $48-$75k 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 $19,841 for michigan general economics students whose families make $48-$75k.
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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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