2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k” ranking - to help you make that decision.
In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. 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 the Great Lakes region, there were 6,771 economics graduates with average earnings and debt of $45,903 and $22,924 respectively. At the master’s degree level specifically, there were 849 economics graduates with average earnings and debt of $57,039 and $42,488 respectively.
This year’s “Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k” ranking analyzed 39 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.
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. Check out our ranking methodology for more information.
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Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k
The following schools top our list of the Best Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k.
Top 25 Best Value Master’s Degree Colleges for Economics (Income Over $110k) in the Great Lakes Region
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Purdue University - Main Campus is a large public school situated in West Lafayette, Indiana. It awarded 19 masters’s economics degrees in 2019-2020.
Purdue did well in our major quality rankings, too. It placed #7 on our “Best 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 Purdue University - Main Campus are $28,794.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 63 masters’s economics degrees to qualified students.
U-M not only placed well in this ranking. It is also #5 on our “Best Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #3 on our 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Located in Madison, Wisconsin, this large public school awarded 156 degrees to qualified masters’s economics students in 2019-2020.
UW - Madison not only placed well in this ranking. It is also #4 on our “Best Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.
Read full report on Economics at University of Wisconsin - Madison
Out of the 39 schools in the Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k that were part of this year’s ranking, University of Wisconsin - Whitewater landed the #4 spot on the list. UW - Whitewater is a fairly large public school situated in Whitewater, Wisconsin. It awarded 2 masters’s economics degrees in 2019-2020.
UW - Whitewater also took the #0 spot in our “Best Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UW - Whitewater are $19,200, but you may pay more or less depending on your major.
Read full report on Economics at University of Wisconsin - Whitewater
You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #5 for the Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k. Indiana University - Bloomington is a large school located in Bloomington, Indiana that handed out 9 masters’s economics degrees in 2019-2020.
IU Bloomington also took the #12 spot in our “Best Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.
University of Illinois at Urbana-Champaign came in at #6 in this year’s edition of the Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 76 masters’s degrees in 2019-2020.
UIUC also took the #6 spot in our “Best Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.
Read full report on Economics at University of Illinois at Urbana-Champaign
University of Detroit Mercy ranked #7 on this year’s Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Detroit, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 18 students in 2019-2020.
As a testament to the quality of education offered at Detroit Mercy, the school also landed the #16 spot in our “Best 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.
With a ranking of #8, Indiana University - Purdue University - Indianapolis did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 5 students in 2019-2020.
IUPUI also made our “Best Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #23. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013.
Full Indiana University - Purdue University - Indianapolis Economics Report
Central Michigan University landed the #9 spot on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking. Central Michigan is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 14 masters’s degrees in 2019-2020.
Central Michigan did well in our major quality rankings, too. It placed #24 on our “Best Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Central Michigan are $19,359, but you may pay more or less depending on your major.
With a ranking of #10, Ohio State University - Main Campus did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Ohio State is a large school located in Columbus, Ohio that handed out 29 masters’s economics degrees in 2019-2020.
Ohio State did well in our major quality rankings, too. It placed #8 on our “Best Economics Master’s Degree Schools in the Great Lakes Region” list. 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.
With a ranking of #11, Youngstown State University did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Youngstown State University is located in Youngstown, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 12 masters’s economics degrees to qualified students.
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 #12, University of Wisconsin - Milwaukee did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. University of Wisconsin - Milwaukee is located in Milwaukee, Wisconsin and, has a large student population. In 2019-2020, this school awarded 15 masters’s economics degrees to qualified students.
In addition to being on our great lakes region master’s degree economics students whose families make more than $110k list, UWM has also earned the #18 rank in our “Best 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 Wisconsin - Milwaukee are $25,295.
Read more about Economics at University of Wisconsin - Milwaukee
Eastern Illinois University did quite well in the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #13. This medium-sized school is located in Charleston, Illinois, and it awarded 11 masters’s economics degrees in 2019-2020.
Average graduate tuition and fees at EIU are $20,761, but some majors have different tuition rates.
Wright State University - Main Campus came in at #14 in this year’s edition of the Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking. Wright State University - Main Campus is located in Dayton, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 7 masters’s economics degrees to qualified students.
Average graduate tuition and fees at Wright State University - Main Campus are $24,286, but some majors have different tuition rates.
Read full report on Economics at Wright State University - Main Campus
With a ranking of #15, University of Illinois at Chicago did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 14 students in 2019-2020.
UIC also made our “Best Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #14. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but you may pay more or less depending on your major.
With a ranking of #16, Bowling Green State University - Main Campus did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. BGSU is a fairly large public school situated in Bowling Green, Ohio. It awarded 5 masters’s economics degrees in 2019-2020.
BGSU not only placed well in this ranking. It is also #21 on our “Best Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at BGSU are $15,823, but some majors have different tuition rates.
Northern Illinois University ranked #17 on this year’s Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Located in Dekalb, Illinois, this fairly large public school awarded 4 diplomas to qualified masters’s economics students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northern Illinois University are $11,086.
Wayne State University did quite well in the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #18. Located in Detroit, Michigan, this large public school awarded 16 degrees to qualified masters’s economics students in 2019-2020.
Average graduate tuition and fees at Wayne State University are $37,215, but you may pay more or less depending on your major.
Southern Illinois University Carbondale ranked #19 on this year’s Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. SIUC is a fairly large school located in Carbondale, Illinois that handed out 4 masters’s economics degrees in 2019-2020.
SIUC did well in our major quality rankings, too. It placed #25 on our “Best 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.
Michigan State University did quite well in the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #20. Michigan State is a large public school situated in East Lansing, Michigan. It awarded 9 masters’s economics degrees in 2019-2020.
Michigan State also made our “Best Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #11. Average graduate tuition and fees at Michigan State University are $37,056, but you may pay more or less depending on your major.
Miami University - Oxford landed the #21 spot on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k ranking. Oxford, Ohio is the setting for this fairly large institution of higher learning. The public school handed out masters’s economics degrees to 17 students in 2019-2020.
Miami University - Oxford did well in our major quality rankings, too. It placed #9 on our “Best Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Miami University - Oxford are $31,697, but you may pay more or less depending on your major.
With a ranking of #22, Eastern Michigan University did quite well on the 2022 Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 9 masters’s economics degrees in 2019-2020.
Eastern Michigan also took the #22 spot in our “Best Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Eastern Michigan are $26,552, but some majors have different tuition rates.
University of Cincinnati - Main Campus ranked #23 on this year’s Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. UC is a large school located in Cincinnati, Ohio that handed out 28 masters’s economics degrees in 2019-2020.
UC also took the #15 spot in our “Best Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UC are $26,644, but you may pay more or less depending on your major.
Ohio University - Athens Campus ranked #24 on this year’s Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. OHIO Athens is a public institution located in Athens, Ohio. The school has a large population, and it awarded 73 masters’s degrees in 2019-2020.
In addition to being on our great lakes region master’s degree economics students whose families make more than $110k list, OHIO Athens has also earned the #13 rank in our “Best 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 Athens are $17,712.
University of Toledo ranked #25 on this year’s Best Vallue Economics Schools for a Master’s in the Great Lakes Region For Those Making Over $110k list. University of Toledo is a fairly large school located in Toledo, Ohio that handed out 10 masters’s economics degrees in 2019-2020.
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.
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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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