2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k
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 Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k” ranking is part of that endeavor.
Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.
Across Michigan, there were 1,402 economics graduates with average earnings and debt of $41,425 and $23,888 respectively. At the bachelor’s degree level specifically, there were 1,221 economics graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k” ranking analyzed 17 colleges that offered a degree in economics. The schools that top this list are recognized because they have great economics programs and 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 economics program at the school. See our ranking methodology to learn more.
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Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k.
Top 17 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. U-M is a large school located in Ann Arbor, Michigan that handed out 586 bachelors’s economics degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #1 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. It costs about $18,039 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k per year to attend U-M.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.
Read full report on Economics at University of Michigan - Ann Arbor
You’ll join some of the best and brightest minds around if you attend University of Detroit Mercy. The school came in at #2 for the Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k. This small school is located in Detroit, Michigan, and it awarded 18 bachelors’s economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree economics students whose families make $75-$110k list, Detroit Mercy has also earned the #5 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $20,735 for michigan bachelor’s degree economics students whose families make $75-$110k per year to attend University of Detroit Mercy.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. 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%.
You’ll be in good company if you decide to attend Oakland University. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Oakland University is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 10 bachelors’s degrees in 2019-2020.
Oakland also made our “Best Economics Bachelor’s Degree Schools in Michigan” list, coming in at #13. The estimated yearly cost for Oakland is $15,424 for michigan bachelor’s degree economics students whose families make $75-$110k.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k. Located in Dearborn, Michigan, this medium-sized public school handed out 27 degrees to qualified bachelors’s economics students in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #10 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for University of Michigan - Dearborn is $14,132 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k.
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%.
Read more about Economics at University of Michigan - Dearborn
You’ll be in good company if you decide to attend University of Michigan - Flint. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. University of Michigan - Flint is a medium-sized public school situated in Flint, Michigan. It awarded 9 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at UM Flint, the school also landed the #15 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend University of Michigan - Flint is $17,211 for michigan bachelor’s degree economics students whose families make $75-$110k.
Grand Valley State University ranked #6 on this year’s Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Grand Valley State University is a large public school situated in Allendale, Michigan. It awarded 20 bachelors’s economics degrees in 2019-2020.
GVSU also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $20,113 for michigan bachelor’s degree economics students whose families make $75-$110k per year to attend Grand Valley State University.
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 Economics at Grand Valley State University
Aquinas College Michigan came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking. Aquinas College Michigan is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s economics degrees to qualified students.
Aquinas College Michigan not only placed well in this ranking. It is also #9 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. It costs about $18,905 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Aquinas College Michigan.
With a ranking of #8, Albion College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Albion is a small private not-for-profit school situated in Albion, Michigan. It awarded 27 bachelors’s economics degrees in 2019-2020.
Albion also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Albion College is $18,861 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k.
Michigan State University landed the #8 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking. This large school is located in East Lansing, Michigan, and it awarded 316 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan State is $25,389 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k.
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 low student loan default rate of 3.6% 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%.
With a ranking of #10, Central Michigan University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Central Michigan is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 17 bachelors’s economics degrees in 2019-2020.
Central Michigan did well in our major quality rankings, too. It placed #12 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. It costs about $17,894 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Central Michigan.
Wayne State University landed the #11 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 36 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Wayne State, the school also landed the #14 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Wayne State is $17,909 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k.
Hope College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking, coming in at #12. This small school is located in Holland, Michigan, and it awarded 15 bachelors’s economics degrees in 2019-2020.
Hope also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $25,779 for michigan bachelor’s degree economics students whose families make $75-$110k per year to attend Hope.
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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Eastern Michigan University ranked #13 on this year’s Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 19 students in 2019-2020.
In addition to being on our michigan bachelor’s degree economics students whose families make $75-$110k list, Eastern Michigan has also earned the #17 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan University is $18,598 for michigan bachelor’s degree economics students whose families make $75-$110k.
Read full report on Economics at Eastern Michigan University
Northern Michigan University came in at #14 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking. Located in Marquette, Michigan, this medium-sized public school handed out 14 degrees to qualified bachelors’s economics students 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 Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $20,208 for michigan bachelor’s degree economics students whose families make $75-$110k per year to attend Northern Michigan University.
Read full report on Economics at Northern Michigan University
Calvin University came in at #15 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking. Calvin University is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 21 bachelors’s economics degrees to qualified students.
Calvin also made our “Best Economics Bachelor’s Degree Schools in Michigan” list, coming in at #6. It costs about $26,778 for michigan bachelor’s degree economics students whose families make $75-$110k per year to attend Calvin.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Western Michigan University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k ranking, coming in at #16. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 10 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 Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $23,352 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Western Michigan University.
Read full report on Economics at Western Michigan University
With a ranking of #17, Kalamazoo College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Located in Kalamazoo, Michigan, this small private not-for-profit school awarded 20 degrees to qualified bachelors’s economics students in 2019-2020.
In addition to being on our michigan bachelor’s degree economics students whose families make $75-$110k list, K College has also earned the #4 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $23,738 for Michigan Bachelor’s Degree Economics students whose families make $75-$110k per year to attend K College.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
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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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- Credit for the banner image above goes to pixabay.
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