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2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid

17 Ranked Colleges
130 Degrees Awarded
$24,700 Avg Grad Tuition & Fees*
Best Value General Economics Schools for a Master's in the Great Lakes Region For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking is part of that endeavor.

General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.

Across the Great Lakes region, there were 4,035 general economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 130 general economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking analyzed 17 colleges that offered a degree in general economics. Not only do the schools that top this list have excellent general economics programs, but they also cost less that 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. For more information, check out our ranking methodology.

More Ways to Rank General Economics Schools

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 for a Master’s in the Great Lakes Region 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid

The colleges and universities below are the best for great lakes region master’s degree general economics students with aid.

Top 17 Best Value Master’s Degree Colleges for General Economics in the Great Lakes Region (With Aid)

#1 in overall quality

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 for a Master’s in the Great Lakes Region For Those Getting Aid. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 17 masters’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 Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.

Read more about General Economics at U-M

#2

Indiana University - Bloomington

Bloomington, Indiana
#3 in overall quality

Out of the 17 schools in the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Indiana University - Bloomington landed the #2 spot on the list. This large school is located in Bloomington, Indiana, and it awarded 9 masters’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #3 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Bloomington are $33,338.

Read full report on General Economics at IU Bloomington

Out of the 17 schools in the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 2 masters’s degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #0 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIC are $27,036.

Full University of Illinois at Chicago General Economics Report

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #4 for the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid. This large school is located in Indianapolis, Indiana, and it awarded 5 masters’s general economics degrees in 2019-2020.

IUPUI also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #6. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but you may pay more or less depending on your major.

Full IUPUI General Economics Report

#2 in overall quality

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #5 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Ohio State University - Main Campus is a large public school situated in Columbus, Ohio. It awarded 7 masters’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at Ohio State, the school also landed the #2 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but you may pay more or less depending on your major.

Read more about General Economics at Ohio State University - Main Campus

#6

Eastern Illinois University

Charleston, Illinois
#10 in overall quality

Eastern Illinois University ranked #6 on this year’s Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. EIU is a medium-sized public school situated in Charleston, Illinois. It awarded 11 masters’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at EIU, the school also landed the #10 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at EIU are $20,761, but some majors have different tuition rates.

Full EIU General Economics Report

#7

Youngstown State University

Youngstown, Ohio
#15 in overall quality

Youngstown State University did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #7. This fairly large school is located in Youngstown, Ohio, and it awarded 12 masters’s general economics degrees in 2019-2020.

Youngstown State University not only placed well in this ranking. It is also #15 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Youngstown State University are $9,495.

Read more about General Economics at Youngstown State University

#8

University of Detroit Mercy

Detroit, Michigan
#4 in overall quality

University of Detroit Mercy did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #8. Detroit Mercy is a small school located in Detroit, Michigan that handed out 5 masters’s general economics degrees in 2019-2020.

Detroit Mercy also took the #4 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Detroit Mercy are $20,047, but you may pay more or less depending on your major.

Read more about General Economics at Detroit Mercy

#9

Northern Illinois University

Dekalb, Illinois
#12 in overall quality

Northern Illinois University came in at #9 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 4 masters’s general economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general economics students with aid list, NIU has also earned the #12 rank in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read full report on General Economics at NIU

#10

Central Michigan University

Mount Pleasant, Michigan
#7 in overall quality

Central Michigan University landed the #10 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Mount Pleasant, Michigan, this fairly large public school handed out 14 diplomas to qualified masters’s general economics students in 2019-2020.

Central Michigan also took the #7 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Central Michigan University are $19,359, but some majors have different tuition rates.

Full Central Michigan University General Economics Report

#8 in overall quality

With a ranking of #11, Southern Illinois University Carbondale did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. SIUC is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 4 masters’s general economics degrees to qualified students.

SIUC not only placed well in this ranking. It is also #8 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but some majors have different tuition rates.

Read more about General Economics at SIUC

#12

Wayne State University

Detroit, Michigan
#9 in overall quality

Wayne State University came in at #12 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 16 students in 2019-2020.

Wayne State not only placed well in this ranking. It is also #9 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wayne State are $37,215.

Read more about General Economics at Wayne State University

#5 in overall quality

With a ranking of #13, Bowling Green State University - Main Campus did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. BGSU is a public institution located in Bowling Green, Ohio. The school has a fairly large population, and it awarded 5 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at BGSU, the school also landed the #5 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at BGSU are $15,823, but some majors have different tuition rates.

Full Bowling Green State University - Main Campus General Economics Report

#14

Western Illinois University

Macomb, Illinois
#11 in overall quality

Western Illinois University landed the #14 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. WIU is located in Macomb, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 4 masters’s general economics degrees to qualified students.

WIU also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #11. Although you might pay more or less depending on your area of study, average graduate tuition and fees at WIU are $11,996.

Read full report on General Economics at Western Illinois University

#15

Cleveland State University

Cleveland, Ohio
#13 in overall quality

Cleveland State University came in at #15 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Cleveland State University is a public institution located in Cleveland, Ohio. The school has a fairly large population, and it awarded 4 masters’s degrees in 2019-2020.

Cleveland State University did well in our major quality rankings, too. It placed #13 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Cleveland State University are $17,622, but some majors have different tuition rates.

Read more about General Economics at Cleveland State University

#16

University of Toledo

Toledo, Ohio
#14 in overall quality

With a ranking of #16, University of Toledo did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. University of Toledo is located in Toledo, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 10 masters’s general economics degrees to qualified students.

University of Toledo also took the #14 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Toledo are $27,067.

Full University of Toledo General Economics Report

#17

Roosevelt University

Chicago, Illinois

Roosevelt University ranked #17 on this year’s Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Roosevelt is a small school located in Chicago, Illinois that handed out 1 masters’s general economics degrees in 2019-2020.

Roosevelt also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Roosevelt are $21,605, but you may pay more or less depending on your major.

Read more about General Economics at Roosevelt

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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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