2022 Best Value Bachelor’s Degree Colleges for General Economics in Michigan
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value General Economics Schools for a Bachelor’s in Michigan” 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. 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 Value General Economics Schools for a Bachelor’s in Michigan” 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.
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. See our ranking methodology to learn more.
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One Size Does Not Fit All
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”.
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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value General Economics Schools for a Bachelor’s in Michigan
The colleges and universities below are the best for michigan bachelor’s degree general economics students.
Top 17 Best Value Bachelor’s Degree Colleges for General Economics in Michigan
Out of the 17 schools in the Best Value General Economics Schools for a Bachelor’s in Michigan 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 public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 586 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for U-M is $15,336 for michigan bachelor’s degree general economics students.
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 student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan list. Michigan State is a large public school situated in East Lansing, Michigan. It awarded 271 bachelors’s general economics degrees in 2019-2020.
Michigan State also took the #2 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan State University is $19,173 for Michigan Bachelor’s Degree General Economics students.
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%.
Out of the 17 schools in the Best Value General Economics Schools for a Bachelor’s in Michigan that were part of this year’s ranking, Grand Valley State University landed the #3 spot on the list. GVSU is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 20 bachelors’s general economics degrees to qualified students.
GVSU also took the #8 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Grand Valley State University is $17,646 for Michigan Bachelor’s Degree General Economics students.
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%.
Out of the 17 schools in the Best Value General Economics Schools for a Bachelor’s in Michigan that were part of this year’s ranking, University of Michigan - Dearborn landed the #4 spot on the list. This medium-sized school is located in Dearborn, Michigan, and it awarded 27 bachelors’s general economics degrees in 2019-2020.
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.
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%.
Read more about General Economics at University of Michigan - Dearborn
You’ll be in good company if you decide to attend Western Michigan University. It ranked #5 on our 2022 Best Value General Economics Schools for a Bachelor’s in Michigan list. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general economics degrees to 6 students 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 Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,433 for Michigan Bachelor’s Degree General Economics students per year to attend WMU.
Read full report on General Economics at Western Michigan University
Central Michigan University ranked #6 on this year’s Best Value General Economics Schools for a Bachelor’s in Michigan list. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 17 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Central Michigan, the school also landed the #12 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $15,981 for michigan bachelor’s degree general economics students per year to attend Central Michigan.
Oakland University came in at #7 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan ranking. 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. The yearly cost to attend Oakland is $11,802 for Michigan Bachelor’s Degree General Economics students.
Wayne State University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan ranking, coming in at #8. Wayne State University is a large school located in Detroit, Michigan that handed out 30 bachelors’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 Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Wayne State University is $13,965 for michigan bachelor’s degree general economics students.
With a ranking of #9, University of Michigan - Flint did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan list. Located in Flint, Michigan, this medium-sized public school awarded 9 diplomas to qualified bachelors’s general economics students in 2019-2020.
UM Flint not only placed well in this ranking. It is also #15 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $12,734 for michigan bachelor’s degree general economics students per year to attend University of Michigan - Flint.
Full University of Michigan - Flint General Economics Report
Northern Michigan University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan ranking, coming in at #10. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 14 bachelors’s general economics degrees in 2019-2020.
Northern Michigan University not only placed well in this ranking. It is also #16 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Northern Michigan University is $15,453 for michigan bachelor’s degree general economics students.
With a ranking of #11, Eastern Michigan University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan list. Eastern Michigan is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 19 bachelors’s general economics degrees to qualified students.
Eastern Michigan also took the #17 spot 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.
With a ranking of #12, University of Detroit Mercy did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan list. Detroit Mercy is a small school located in Detroit, Michigan that handed out 2 bachelors’s general economics degrees in 2019-2020.
Detroit Mercy not only placed well in this ranking. It is also #5 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $18,356 for Michigan Bachelor’s Degree General Economics students per year to attend University of Detroit Mercy.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. 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%.
Hope College came in at #13 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan ranking. 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. It costs about $26,562 for Michigan Bachelor’s Degree General Economics students per year to attend Hope College.
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 2.1%, which is much lower than the national rate of 10.1%.
Aquinas College Michigan landed the #14 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan ranking. This small school is located in Grand Rapids, Michigan, and it awarded 4 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Aquinas College Michigan, the school also landed the #9 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $18,549 for michigan bachelor’s degree general economics students per year to attend Aquinas College Michigan.
Read more about General Economics at Aquinas College Michigan
Calvin University came in at #15 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan ranking. Calvin is a small school located in Grand Rapids, Michigan that handed out 13 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Calvin, the school also landed the #6 spot in our “Best General Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Calvin University is $26,647 for michigan bachelor’s degree general economics students.
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%.
Kalamazoo College came in at #16 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Michigan ranking. Kalamazoo College is a private not-for-profit institution located in Kalamazoo, Michigan. The school has a small population, and it awarded 20 bachelors’s degrees in 2019-2020.
K College not only placed well in this ranking. It is also #4 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. It costs about $22,808 for Michigan Bachelor’s Degree General Economics students per year to attend K College.
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 ranking of #17, Albion College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Michigan 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 did well in our major quality rankings, too. It placed #7 on our “Best General Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Albion is $16,653 for Michigan Bachelor’s Degree General Economics students.
- Best Value Bachelor’s Degree Colleges for General Economics in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for General Economics
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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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