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2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k

77 Ranked Colleges
6,916 Degrees Awarded
$21,200 Avg Net Price*
Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.

Across the Great Lakes region, there were 6,916 economics graduates with average earnings and debt of $48,027 and $23,639 respectively.

This year’s “Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k” ranking looked at 77 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

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The 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 Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k

The following schools top our list of the Best Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k.

Top 25 Best Value Colleges for Economics (Income Over $110k) in the Great Lakes Region

1

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #1 on our 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. Located in Madison, Wisconsin, this large public school awarded 864 degrees to qualified ’s economics students in 2020-2021.

UW - Madison also took the #5 spot in our “Best Economics Schools in the Great Lakes Region” ranking. It costs about $17,234 for great lakes region economics students whose families make more than $110k per year to attend UW - Madison.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.

Full UW - Madison Economics Report

2

Out of the 77 schools in the Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 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 728 ’s degrees in 2020-2021.

As a testament to the quality of education offered at U-M, the school also landed the #4 spot in our “Best Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $14,878 for great lakes region economics students whose families make more than $110k.

The low undergrad student loan default rate of 1.3% 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 96%, which means students like the school well enough to return for a second year.

Read more about Economics at University of Michigan - Ann Arbor

3
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #3 for the Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 196 ’s economics degrees to qualified students.

Purdue also made our “Best Economics Schools in the Great Lakes Region” list, coming in at #9. The estimated yearly cost for Purdue is $13,377 for great lakes region economics students whose families make more than $110k.

The low undergrad student loan default rate of 1.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Full Purdue University - Main Campus Economics Report

4
Beloit crest
Beloit College
Beloit, Wisconsin

You’ll join some of the best and brightest minds around if you attend Beloit College. The school came in at #4 for the Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k. This small school is located in Beloit, Wisconsin, and it awarded 15 ’s economics degrees in 2020-2021.

Beloit did well in our major quality rankings, too. It placed #23 on our “Best Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Beloit is $12,246 for great lakes region economics students whose families make more than $110k.

Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read more about Economics at Beloit College

5

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #5 on our 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 331 students in 2020-2021.

Ohio State also took the #8 spot in our “Best Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State University - Main Campus is $16,845 for great lakes region economics students whose families make more than $110k.

The undergrad student loan default rate at the school is 3.6%, 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 94%.

Read full report on Economics at Ohio State University - Main Campus

6

Indiana University - Bloomington landed the #6 spot on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking. Located in Bloomington, Indiana, this large public school awarded 140 degrees to qualified ’s economics students in 2020-2021.

IU Bloomington not only placed well in this ranking. It is also #14 on our “Best Economics Schools in the Great Lakes Region” list. The estimated yearly cost for IU Bloomington is $14,619 for great lakes region economics students whose families make more than $110k.

The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.

Read full report on Economics at IU Bloomington

7

University of Wisconsin - River Falls did quite well in the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking, coming in at #7. This medium-sized school is located in River Falls, Wisconsin, and it awarded 23 ’s economics degrees in 2020-2021.

UW - River Falls also made our “Best Economics Schools in the Great Lakes Region” list, coming in at #24. The estimated yearly cost for UW - River Falls is $13,844 for great lakes region economics students whose families make more than $110k.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read more about Economics at University of Wisconsin - River Falls

8

University of Illinois at Urbana-Champaign ranked #8 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 563 students in 2020-2021.

UIUC did well in our major quality rankings, too. It placed #6 on our “Best Economics Schools in the Great Lakes Region” list. It costs about $14,321 for Great Lakes Region Economics students whose families make more than $110k per year to attend University of Illinois at Urbana-Champaign.

The school has an impressive undergrad student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read more about Economics at University of Illinois at Urbana-Champaign

9
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University came in at #9 in this year’s edition of the Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking. Michigan State University is located in East Lansing, Michigan and, has a large student population. In 2020-2021, this school awarded 379 ’s economics degrees to qualified students.

As a testament to the quality of education offered at Michigan State, the school also landed the #7 spot in our “Best Economics Schools in the Great Lakes Region” ranking. It costs about $19,058 for Great Lakes Region Economics students whose families make more than $110k per year to attend Michigan State University.

The low undergrad student loan default rate of 2.6% 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 91%, which means students like the school well enough to return for a second year.

Read more about Economics at Michigan State University

10

University of Wisconsin - La Crosse ranked #10 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. University of Wisconsin - La Crosse is a fairly large public school situated in La Crosse, Wisconsin. It awarded 25 ’s economics degrees in 2020-2021.

It costs about $14,654 for Great Lakes Region Economics students whose families make more than $110k per year to attend University of Wisconsin - La Crosse.

With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.

Read full report on Economics at UW - La Crosse

11

University of Wisconsin - Whitewater did quite well in the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking, coming in at #11. University of Wisconsin - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2020-2021, this school awarded 17 ’s economics degrees to qualified students.

It costs about $14,417 for great lakes region economics students whose families make more than $110k per year to attend University of Wisconsin - Whitewater.

Read full report on Economics at UW - Whitewater

12

University of Wisconsin - Oshkosh ranked #12 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. University of Wisconsin - Oshkosh is a fairly large public school situated in Oshkosh, Wisconsin. It awarded 46 ’s economics degrees in 2020-2021.

It costs about $14,687 for Great Lakes Region Economics students whose families make more than $110k per year to attend University of Wisconsin - Oshkosh.

Read more about Economics at UW Oshkosh

13

University of Wisconsin - Eau Claire came in at #13 in this year’s edition of the Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking. UW - Eau Claire is a fairly large school located in Eau Claire, Wisconsin that handed out 44 ’s economics degrees in 2020-2021.

The estimated yearly cost for University of Wisconsin - Eau Claire is $16,051 for great lakes region economics students whose families make more than $110k.

Full UW - Eau Claire Economics Report

14
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

With a ranking of #14, Eastern Michigan University did quite well on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 33 ’s degrees in 2020-2021.

It costs about $15,127 for Great Lakes Region Economics students whose families make more than $110k per year to attend Eastern Michigan.

Read more about Economics at Eastern Michigan

15

With a ranking of #15, University of Illinois at Chicago did quite well on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. UIC is located in Chicago, Illinois and, has a large student population. In 2020-2021, this school awarded 129 ’s economics degrees to qualified students.

UIC also made our “Best Economics Schools in the Great Lakes Region” list, coming in at #19. The yearly cost to attend University of Illinois at Chicago is $13,214 for great lakes region economics students whose families make more than $110k.

The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read more about Economics at UIC

16

University of Southern Indiana landed the #16 spot on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking. Evansville, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 17 students in 2020-2021.

The estimated yearly cost for University of Southern Indiana is $13,481 for great lakes region economics students whose families make more than $110k.

The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Full University of Southern Indiana Economics Report

17

With a ranking of #17, Wright State University - Main Campus did quite well on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. This fairly large school is located in Dayton, Ohio, and it awarded 14 ’s economics degrees in 2020-2021.

The estimated yearly cost for Wright State University - Main Campus is $15,962 for great lakes region economics students whose families make more than $110k.

Read more about Economics at Wright State University - Main Campus

18

University of Michigan - Dearborn landed the #18 spot on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking. This medium-sized school is located in Dearborn, Michigan, and it awarded 23 ’s economics degrees in 2020-2021.

The yearly cost to attend UM Dearborn is $12,855 for great lakes region economics students whose families make more than $110k.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at UM Dearborn

19

Miami University - Oxford landed the #19 spot on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k ranking. Miami University - Oxford is a public institution located in Oxford, Ohio. The school has a fairly large population, and it awarded 155 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Miami University - Oxford, the school also landed the #12 spot in our “Best Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Miami University - Oxford is $24,756 for Great Lakes Region Economics students whose families make more than $110k.

With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Miami University - Oxford

20

With a ranking of #20, Indiana University - Purdue University - Indianapolis did quite well on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. This large school is located in Indianapolis, Indiana, and it awarded 26 ’s economics degrees in 2020-2021.

It costs about $12,416 for great lakes region economics students whose families make more than $110k per year to attend Indiana University - Purdue University - Indianapolis.

The low undergrad student loan default rate of 4.2% 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 Indiana University - Purdue University - Indianapolis Economics Report

21
Valpo crest
Valparaiso University
Valparaiso, Indiana

With a ranking of #21, Valparaiso University did quite well on the 2023 Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. This small school is located in Valparaiso, Indiana, and it awarded 23 ’s economics degrees in 2020-2021.

Valpo not only placed well in this ranking. It is also #20 on our “Best Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Valparaiso University is $22,899 for Great Lakes Region Economics students whose families make more than $110k.

The low undergrad student loan default rate of 3.0% 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 Valparaiso University Economics Report

22

University of Wisconsin - Milwaukee ranked #22 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. This large school is located in Milwaukee, Wisconsin, and it awarded 58 ’s economics degrees in 2020-2021.

It costs about $17,486 for Great Lakes Region Economics students whose families make more than $110k per year to attend University of Wisconsin - Milwaukee.

Read full report on Economics at UWM

23

Youngstown State University ranked #23 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. Youngstown State University is a public institution located in Youngstown, Ohio. The school has a fairly large population, and it awarded 26 ’s degrees in 2020-2021.

The yearly cost to attend Youngstown State University is $12,225 for Great Lakes Region Economics students whose families make more than $110k.

Read more about Economics at Youngstown State University

24
Wayne State crest
Wayne State University
Detroit, Michigan

Wayne State University ranked #24 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 53 students in 2020-2021.

It costs about $13,962 for great lakes region economics students whose families make more than $110k per year to attend Wayne State University.

Read more about Economics at Wayne State

25

University of Wisconsin - Parkside ranked #25 on this year’s Best Vallue Economics Schools in the Great Lakes Region For Those Making Over $110k list. University of Wisconsin - Parkside is a public institution located in Kenosha, Wisconsin. The school has a small population, and it awarded 13 ’s degrees in 2020-2021.

The yearly cost to attend UW - Parkside is $11,082 for Great Lakes Region Economics students whose families make more than $110k.

The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.

Read more about Economics at University of Wisconsin - Parkside

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