2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid” 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.
For this year’s “Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking, we looked at 17 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.
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. See our ranking methodology to learn more.
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The general economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid”.
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. 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 for a Bachelor’s in Michigan For Those Getting Aid
The colleges and universities below are the best for michigan bachelor’s degree general economics students with aid.
Top 17 Best Value Bachelor’s Degree Colleges for General Economics in Michigan (With Aid)
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid list. This large school is located in Ann Arbor, Michigan, and it awarded 586 bachelors’s general economics degrees in 2019-2020.
U-M also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #1. The estimated yearly cost for U-M is $15,336 for michigan bachelor’s degree general economics students with aid.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read full report on General Economics at University of Michigan - Ann Arbor
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #2 for the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid. This large school is located in East Lansing, Michigan, and it awarded 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. The estimated yearly cost for Michigan State is $19,173 for Michigan Bachelor’s Degree General Economics students with aid.
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%.
Out of the 17 schools in the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, University of Michigan - Dearborn landed the #3 spot on the list. UM Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 27 bachelors’s general economics degrees to qualified students.
UM Dearborn not only placed well in this ranking. It is also #10 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend UM Dearborn is $11,473 for michigan bachelor’s degree general economics students with aid.
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%.
Out of the 17 schools in the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, University of Michigan - Flint landed the #4 spot on the list. Located in Flint, Michigan, this medium-sized public school handed out 9 diplomas to qualified bachelors’s general economics students in 2019-2020.
UM Flint also took the #15 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,734 for Michigan Bachelor’s Degree General Economics students with aid per year to attend UM Flint.
Full University of Michigan - Flint General Economics Report
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #5 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid 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 also took the #8 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend GVSU is $17,646 for michigan bachelor’s degree general economics students with aid.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Oakland University ranked #6 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid list. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general economics degrees to 10 students in 2019-2020.
Oakland also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #13. The estimated yearly cost for Oakland is $11,802 for Michigan Bachelor’s Degree General Economics students with aid.
With a ranking of #7, University of Detroit Mercy did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid list. This small school is located in Detroit, Michigan, and it awarded 2 bachelors’s general economics degrees in 2019-2020.
Detroit Mercy did well in our major quality rankings, too. It placed #5 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend University of Detroit Mercy is $18,356 for michigan bachelor’s degree general economics students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. 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
Central Michigan University ranked #8 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid list. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 17 bachelors’s general economics degrees in 2019-2020.
Central Michigan also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #12. It costs about $15,981 for Michigan Bachelor’s Degree General Economics students with aid per year to attend Central Michigan University.
Wayne State University came in at #9 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Wayne State 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 University is $13,965 for Michigan Bachelor’s Degree General Economics students with aid.
Albion College landed the #10 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This small school is located in Albion, Michigan, and it awarded 26 bachelors’s general economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree general economics students with aid list, Albion has also earned the #7 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Albion is $16,653 for michigan bachelor’s degree general economics students with aid.
Western Michigan University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #11. Located in Kalamazoo, Michigan, this fairly large public school handed out 6 diplomas to qualified bachelors’s general economics students in 2019-2020.
WMU also made our “Best General Economics Bachelor’s Degree Schools in Michigan” list, coming in at #11. It costs about $19,433 for michigan bachelor’s degree general economics students with aid per year to attend WMU.
Read more about General Economics at Western Michigan University
Aquinas College Michigan came in at #12 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 4 diplomas to qualified bachelors’s general economics students in 2019-2020.
In addition to being on our michigan bachelor’s degree general economics students with aid list, Aquinas College Michigan has also earned the #9 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Aquinas College Michigan is $18,549 for michigan bachelor’s degree general economics students with aid.
Read full report on General Economics at Aquinas College Michigan
Eastern Michigan University ranked #13 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid list. Eastern Michigan is a fairly large public school situated in Ypsilanti, Michigan. It awarded 19 bachelors’s general economics degrees in 2019-2020.
Eastern Michigan did well in our major quality rankings, too. It placed #17 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $15,924 for michigan bachelor’s degree general economics students with aid per year to attend Eastern Michigan.
Read full report on General Economics at Eastern Michigan University
Northern Michigan University came in at #14 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 14 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Northern Michigan University, the school also landed the #16 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Northern Michigan University is $15,453 for michigan bachelor’s degree general economics students with aid.
Calvin University landed the #15 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Grand Rapids, 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 13 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. It costs about $26,647 for Michigan Bachelor’s Degree General Economics students with aid per year to attend Calvin.
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 student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #16, Hope College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid list. Hope is a small private not-for-profit school situated in Holland, Michigan. It awarded 15 bachelors’s general economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree general economics students with aid list, Hope has also earned the #3 rank in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Hope College is $26,562 for michigan bachelor’s degree general economics students with aid.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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 #17 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. K 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. The estimated yearly cost for Kalamazoo College is $22,808 for michigan bachelor’s degree general economics students with aid.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
- Best Value Bachelor’s Degree Colleges for General Economics in the Great Lakes Region (With Aid)
- Best Value Bachelor’s Degree Colleges for General Economics (With Aid)
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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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