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2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k

17 Ranked Colleges
1,141 Degrees Awarded
$23,400 Avg Net Price*
Best Vallue General Economics Schools for a Bachelor's in Michigan For Those Making Over $110k

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

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 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 Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k” 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.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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.

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Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k

The following schools top our list of the Best Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k.

Top 17 Best Value Bachelor’s Degree Colleges for General Economics (Income Over $110k) in Michigan

#1 in overall quality

Out of the 17 schools in the Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k 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 bachelors’s general economics degrees to 586 students in 2019-2020.

U-M did well in our major quality rankings, too. It placed #1 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for University of Michigan - Ann Arbor is $15,336 for michigan bachelor’s degree general economics students whose families make more than $110k.

With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.

Full U-M General Economics Report

#10 in overall quality

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 Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k. This medium-sized school is located in Dearborn, Michigan, and it awarded 27 bachelors’s general economics degrees in 2019-2020.

UM Dearborn also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #10. It costs about $11,473 for michigan bachelor’s degree general economics students whose families make more than $110k 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%.

Read more about General Economics at UM Dearborn

#3

University of Detroit Mercy

Detroit, Michigan
#5 in overall quality

Out of the 17 schools in the Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k that were part of this year’s ranking, University of Detroit Mercy landed the #3 spot on the 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 took the #5 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend University of Detroit Mercy is $18,356 for Michigan Bachelor’s Degree General Economics students whose families make more than $110k.

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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.

Read full report on General Economics at Detroit Mercy

#4

Michigan State University

East Lansing, Michigan
#2 in overall quality

Out of the 17 schools in the Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k that were part of this year’s ranking, Michigan State University landed the #4 spot on the list. Michigan State University is a large school located in East Lansing, Michigan that handed out 271 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at Michigan State, the school also landed the #2 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan State University is $19,173 for Michigan Bachelor’s Degree General Economics students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at Michigan State University

#5

Grand Valley State University

Allendale, Michigan
#8 in overall quality

You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #5 for the Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k. GVSU is a public institution located in Allendale, Michigan. The school has a large population, and it awarded 20 bachelors’s degrees in 2019-2020.

In addition to being on our michigan bachelor’s degree general economics students whose families make more than $110k list, GVSU has also earned the #8 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $17,646 for michigan bachelor’s degree general economics students whose families make more than $110k per year to attend GVSU.

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 full report on General Economics at GVSU

#6

Central Michigan University

Mount Pleasant, Michigan
#12 in overall quality

Central Michigan University did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k ranking, coming in at #6. Central Michigan University is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 17 bachelors’s general economics degrees to qualified students.

Central Michigan also took the #12 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Central Michigan is $15,981 for michigan bachelor’s degree general economics students whose families make more than $110k.

Full Central Michigan University General Economics Report

#15 in overall quality

University of Michigan - Flint came in at #7 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k ranking. University of Michigan - Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 9 bachelors’s general economics degrees to qualified students.

UM Flint did well in our major quality rankings, too. It placed #15 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for UM Flint is $12,734 for michigan bachelor’s degree general economics students whose families make more than $110k.

Full University of Michigan - Flint General Economics Report

#8

Oakland University

Rochester Hills, Michigan
#13 in overall quality

Oakland University ranked #8 on this year’s Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 10 bachelors’s general economics degrees in 2019-2020.

Oakland also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #13. It costs about $11,802 for michigan bachelor’s degree general economics students whose families make more than $110k per year to attend Oakland University.

Read more about General Economics at Oakland University

#9

Wayne State University

Detroit, Michigan
#14 in overall quality

Wayne State University came in at #9 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k ranking. Located in Detroit, Michigan, this large public school awarded 30 degrees to qualified bachelors’s general economics students in 2019-2020.

As a testament to the quality of education offered at Wayne State, the school also landed the #14 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Wayne State is $13,965 for Michigan Bachelor’s Degree General Economics students whose families make more than $110k.

Full Wayne State General Economics Report

#10

Aquinas College Michigan

Grand Rapids, Michigan
#9 in overall quality

Aquinas College Michigan did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k ranking, coming in at #10. Aquinas College Michigan is a small school located in Grand Rapids, Michigan that handed out 4 bachelors’s general economics degrees in 2019-2020.

Aquinas College Michigan also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #9. The yearly cost to attend Aquinas College Michigan is $18,549 for michigan bachelor’s degree general economics students whose families make more than $110k.

Full Aquinas College Michigan General Economics Report

#11

Eastern Michigan University

Ypsilanti, Michigan
#17 in overall quality

With a ranking of #11, Eastern Michigan University did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k list. Eastern Michigan University is a fairly large school located in Ypsilanti, Michigan that handed out 19 bachelors’s general economics degrees in 2019-2020.

In addition to being on our michigan bachelor’s degree general economics students whose families make more than $110k list, Eastern Michigan has also earned the #17 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan University is $15,924 for Michigan Bachelor’s Degree General Economics students whose families make more than $110k.

Full Eastern Michigan General Economics Report

#12

Northern Michigan University

Marquette, Michigan
#16 in overall quality

With a ranking of #12, Northern Michigan University did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k 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 also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #16. It costs about $15,453 for Michigan Bachelor’s Degree General Economics students whose families make more than $110k per year to attend Northern Michigan University.

Full Northern Michigan University General Economics Report

#13

Western Michigan University

Kalamazoo, Michigan
#11 in overall quality

Western Michigan University landed the #13 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k ranking. Western Michigan University is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 6 bachelors’s degrees in 2019-2020.

In addition to being on our michigan bachelor’s degree general economics students whose families make more than $110k list, WMU has also earned the #11 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Western Michigan University is $19,433 for Michigan Bachelor’s Degree General Economics students whose families make more than $110k.

Read full report on General Economics at WMU

#14

Albion College

Albion, Michigan
#7 in overall quality

With a ranking of #14, Albion College did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k list. Albion, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 26 students in 2019-2020.

Albion also took the #7 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $16,653 for michigan bachelor’s degree general economics students whose families make more than $110k per year to attend Albion College.

Read full report on General Economics at Albion College

#15

Kalamazoo College

Kalamazoo, Michigan
#4 in overall quality

With a ranking of #15, Kalamazoo College did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k list. K College is a small school located in Kalamazoo, Michigan that handed out 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 $22,808 for michigan bachelor’s degree general economics students whose families make more than $110k 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%.

Read more about General Economics at Kalamazoo College

#16

Calvin University

Grand Rapids, Michigan
#6 in overall quality

Calvin University ranked #16 on this year’s Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k 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 not only placed well in this ranking. It is also #6 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Calvin is $26,647 for michigan bachelor’s degree general economics students whose families make more than $110k.

The school has an excellent freshman retention rate of 87%, 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 1.6%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at Calvin

#17

Hope College

Holland, Michigan
#3 in overall quality

Hope College did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in Michigan For Those Making Over $110k ranking, coming in at #17. Holland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 15 students in 2019-2020.

Hope also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #3. The yearly cost to attend Hope is $26,562 for michigan bachelor’s degree general economics students whose families make more than $110k.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.1% 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%.

Full Hope General Economics Report

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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.

Credits

  • Credit for the banner image above goes to pixabay.

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