2022 Best Value Master’s Degree Colleges for General Economics in the Great Lakes Region
When pursuing a degree in today’s world, students have many different options to choose from. 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” ranking is part of that endeavor.
In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.
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.
For this year’s “Best Value General Economics Schools for a Master’s in the Great Lakes Region” ranking, we looked at 15 colleges that offer a degree in general economics. The schools that top this list are recognized because they have great general economics programs and 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. Check out our ranking methodology for more information.
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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 Master’s in the Great Lakes Region”.
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. 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 for a Master’s in the Great Lakes Region
The colleges and universities below are the best for great lakes region master’s degree general economics students.
Top 15 Best Value Master’s Degree Colleges for General Economics in the Great Lakes Region
Out of the 15 schools in the Best Value General Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, University of Detroit Mercy landed the #1 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 5 masters’s 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Detroit Mercy are $20,047.
You’ll be in good company if you decide to attend Western Illinois University. It ranked #2 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out masters’s general economics degrees to 4 students in 2019-2020.
WIU did well in our major quality rankings, too. It placed #11 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at WIU are $11,996, but you may pay more or less depending on your major.
Read full report on General Economics at Western Illinois University
Out of the 15 schools in the Best Value General Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Bowling Green State University - Main Campus landed the #3 spot on the list. Located in Bowling Green, Ohio, this fairly large public school awarded 5 diplomas to qualified masters’s general economics students 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 Bowling Green State University - Main Campus are $15,823, but you may pay more or less depending on your major.
Full Bowling Green State University - Main Campus General Economics Report
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #4 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region list. Located in Dekalb, Illinois, this fairly large public school awarded 4 degrees to qualified masters’s general economics students in 2019-2020.
NIU also took the #12 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.
Read more about General Economics at Northern Illinois University
You’ll join some of the best and brightest minds around if you attend Youngstown State University. The school came in at #5 for the Best Value General Economics Schools for a Master’s in the Great Lakes Region. Youngstown State University is a public institution located in Youngstown, Ohio. The school has a fairly large population, and it awarded 12 masters’s degrees in 2019-2020.
Youngstown State University did well in our major quality rankings, too. It placed #15 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Youngstown State University are $9,495, but you may pay more or less depending on your major.
With a ranking of #6, Central Michigan University did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region list. Central Michigan is a fairly large school located in Mount Pleasant, Michigan that handed out 14 masters’s general economics degrees in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #7 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Central Michigan University are $19,359, but you may pay more or less depending on your major.
Read full report on General Economics at Central Michigan University
With a ranking of #7, Eastern Illinois University did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region list. Located in Charleston, Illinois, this medium-sized public school awarded 11 diplomas to qualified masters’s general economics students in 2019-2020.
In addition to being on our great lakes region master’s degree general economics students list, EIU has also earned the #10 rank 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 Eastern Illinois University are $20,761.
Cleveland State University came in at #8 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region ranking. Cleveland State University is a fairly large public school situated in Cleveland, Ohio. It awarded 4 masters’s general economics degrees in 2019-2020.
Cleveland State University also took the #13 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Cleveland State University are $17,622, but you may pay more or less depending on your major.
Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region ranking, coming in at #9. IUPUI is a large public school situated in Indianapolis, Indiana. It awarded 5 masters’s general economics degrees in 2019-2020.
In addition to being on our great lakes region master’s degree general economics students list, IUPUI has also earned the #6 rank in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. 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.
Read full report on General Economics at Indiana University - Purdue University - Indianapolis
Indiana University - Bloomington landed the #10 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region ranking. Bloomington, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 9 students in 2019-2020.
IU Bloomington also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #3. 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.
Ohio State University - Main Campus ranked #11 on this year’s Best Value General Economics Schools for a Master’s in the Great Lakes Region list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 7 students 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ohio State are $37,141.
Read more about General Economics at Ohio State University - Main Campus
Southern Illinois University Carbondale did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region ranking, coming in at #12. Located in Carbondale, Illinois, this fairly large public school handed out 4 degrees to qualified masters’s general economics students in 2019-2020.
SIUC also took the #8 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.
Read full report on General Economics at Southern Illinois University Carbondale
University of Toledo landed the #13 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region ranking. 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 not only placed well in this ranking. It is also #14 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Toledo are $27,067, but you may pay more or less depending on your major.
Wayne State University ranked #14 on this year’s Best Value General Economics Schools for a Master’s in the Great Lakes Region list. Wayne State University is located in Detroit, Michigan and, has a large student population. In 2019-2020, this school awarded 16 masters’s general economics degrees to qualified students.
In addition to being on our great lakes region master’s degree general economics students list, Wayne State has also earned the #9 rank in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Wayne State are $37,215, but you may pay more or less depending on your major.
University of Michigan - Ann Arbor 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 ranking. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 17 masters’s general economics degrees to qualified students.
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. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.
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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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