2022 Best Value Colleges for General Economics in Michigan (With Aid)
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 Getting Aid” ranking as one item you can use to help make this decision.
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.
This year’s “Best Value General Economics Schools in Michigan For Those Getting Aid” 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general economics program at the school. 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 Michigan For Those Getting Aid” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value General Economics Schools in Michigan For Those Getting Aid
The following schools top our list of the Best Best Value General Economics Schools in Michigan For Those Getting Aid.
Top 17 Best Value Colleges for General Economics in Michigan (With Aid)
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Getting Aid that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 623 ’s general economics degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #1 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend U-M is $15,336 for Michigan 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.
Full University of Michigan - Ann Arbor General Economics Report
Out of the 17 schools in the Best Value General Economics Schools in Michigan For Those Getting Aid that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out ’s general economics degrees to 271 students 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 $19,173 for michigan general economics students with aid.
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 student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #3 for the Best Value General Economics Schools in Michigan For Those Getting Aid. Located in Dearborn, Michigan, this medium-sized public school awarded 27 diplomas to qualified ’s general economics students 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 Schools in Michigan” ranking. It costs about $11,473 for michigan general economics students with aid per year to attend University of Michigan - Dearborn.
The low student loan default rate of 4.5% 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%.
Full University of Michigan - Dearborn General Economics Report
You’ll join some of the best and brightest minds around if you attend University of Michigan - Flint. The school came in at #4 for the Best Value General Economics Schools in Michigan For Those Getting Aid. UM 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 not only placed well in this ranking. It is also #15 on our “Best General Economics Schools in Michigan” list. It costs about $12,734 for Michigan General Economics students with aid per year to attend University of Michigan - Flint.
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 in Michigan For Those Getting Aid list. GVSU is a large public school situated in Allendale, Michigan. It awarded 20 ’s general economics degrees in 2019-2020.
GVSU did well in our major quality rankings, too. It placed #8 on our “Best General Economics Schools in Michigan” list. The yearly cost to attend GVSU is $17,646 for Michigan General Economics students with aid.
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 Grand Valley State University
With a ranking of #6, Oakland University did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Getting Aid list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 10 ’s general economics degrees in 2019-2020.
Oakland also took the #13 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Oakland University is $11,802 for Michigan General Economics students with aid.
University of Detroit Mercy landed the #7 spot on the 2022 Best Value General Economics Schools in Michigan For Those Getting Aid ranking. Detroit Mercy is a small school located in Detroit, Michigan that handed out 7 ’s general economics degrees in 2019-2020.
Detroit Mercy not only placed well in this ranking. It is also #4 on our “Best General Economics Schools in Michigan” list. It costs about $18,356 for Michigan General Economics students with aid per year to attend Detroit Mercy.
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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Central Michigan University ranked #8 on this year’s Best Value General Economics Schools in Michigan For Those Getting Aid list. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 31 ’s degrees in 2019-2020.
Central Michigan also took the #12 spot in our “Best General Economics Schools in Michigan” ranking. The estimated yearly cost for Central Michigan University is $15,981 for michigan general economics students with aid.
Read full report on General Economics at Central Michigan University
With a ranking of #9, Wayne State University did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Getting Aid list. Wayne State is a large school located in Detroit, Michigan that handed out 56 ’s general economics degrees in 2019-2020.
In addition to being on our michigan general economics students with aid list, Wayne State has also earned the #14 rank in our “Best General Economics Schools in Michigan” ranking. The estimated yearly cost for Wayne State University is $13,965 for michigan general economics students with aid.
Albion College ranked #10 on this year’s Best Value General Economics Schools in Michigan For Those Getting Aid list. Albion is a private not-for-profit institution located in Albion, Michigan. The school has a small population, and it awarded 26 ’s degrees in 2019-2020.
Albion did well in our major quality rankings, too. It placed #7 on our “Best General Economics Schools in Michigan” list. It costs about $16,653 for Michigan General Economics students with aid per year to attend Albion College.
Western Michigan University came in at #11 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Getting Aid ranking. This fairly large school is located in Kalamazoo, Michigan, and it awarded 6 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #11 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Western Michigan University is $19,433 for michigan general economics students with aid.
With a ranking of #12, Aquinas College Michigan did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Getting Aid list. 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 4 students in 2019-2020.
Aquinas College Michigan not only placed well in this ranking. It is also #9 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Aquinas College Michigan is $18,549 for michigan general economics students with aid.
Eastern Michigan University came in at #13 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Getting Aid ranking. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 19 ’s degrees in 2019-2020.
Eastern Michigan not only placed well in this ranking. It is also #17 on our “Best General Economics Schools in Michigan” list. The estimated yearly cost for Eastern Michigan University is $15,924 for michigan general economics students with aid.
Northern Michigan University came in at #14 in this year’s edition of the Best Value General Economics Schools in Michigan For Those Getting Aid ranking. Located in Marquette, Michigan, this medium-sized public school handed out 14 diplomas to qualified ’s general economics students 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 $15,453 for Michigan General Economics students with aid.
Read more about General Economics at Northern Michigan University
Calvin University ranked #15 on this year’s Best Value General Economics Schools in Michigan For Those Getting Aid list. Calvin University is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 13 ’s general economics degrees to qualified students.
As a testament to the quality of education offered at Calvin, the school also landed the #6 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend Calvin is $26,647 for Michigan General Economics students with aid.
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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Hope College ranked #16 on this year’s Best Value General Economics Schools in Michigan For Those Getting Aid list. Hope is a private not-for-profit institution located in Holland, Michigan. The school has a small population, and it awarded 15 ’s degrees in 2019-2020.
Hope not only placed well in this ranking. It is also #3 on our “Best General Economics Schools in Michigan” list. It costs about $26,562 for michigan general economics students with aid per year to attend Hope College.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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 #17, Kalamazoo College did quite well on the 2022 Best Value General Economics Schools in Michigan For Those Getting Aid list. Kalamazoo College is a private not-for-profit institution located in Kalamazoo, Michigan. The school has a small population, and it awarded 20 ’s degrees in 2019-2020.
K College also took the #5 spot in our “Best General Economics Schools in Michigan” ranking. The yearly cost to attend K College is $22,808 for Michigan 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 Colleges for General Economics in the Great Lakes Region (With Aid)
- Best Value 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.
Credits
- Credit for the banner image above goes to pixabay.
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