2022 Best Value Bachelor’s Degree Colleges for Economics in Michigan
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in Michigan” ranking.
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 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.
For this year’s “Best Value Economics Schools for a Bachelor’s in Michigan” ranking, we looked at 17 colleges that offer 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.
Featured schools near , edit
One Size Does Not Fit All
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools for a Bachelor’s in Michigan” list to help you make the college decision.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Economics Schools for a Bachelor’s in Michigan
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Michigan.
Top 17 Best Value Bachelor’s Degree Colleges for Economics in Michigan
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Michigan. This large school is located in Ann Arbor, Michigan, and it awarded 586 bachelors’s economics 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 Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for U-M is $15,336 for Michigan Bachelor’s Degree 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%.
Read more about Economics at University of Michigan - Ann Arbor
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #2 for the Best Value Economics Schools for a Bachelor’s in Michigan. This large school is located in East Lansing, Michigan, and it awarded 316 bachelors’s economics degrees in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #2 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Michigan State is $19,173 for Michigan Bachelor’s Degree Economics students.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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%.
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Michigan list. This large school is located in Allendale, Michigan, and it awarded 20 bachelors’s economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree economics students list, GVSU has also earned the #8 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Grand Valley State University is $17,646 for Michigan Bachelor’s Degree Economics students.
The low student loan default rate of 3.7% 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%.
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. UM Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 27 bachelors’s degrees in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #10 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. It costs about $11,473 for michigan bachelor’s degree economics students per year to attend University of Michigan - Dearborn.
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%.
You’ll be in good company if you decide to attend Western Michigan University. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Michigan list. WMU is a fairly large school located in Kalamazoo, Michigan that handed out 10 bachelors’s economics degrees in 2019-2020.
WMU also made our “Best Economics Bachelor’s Degree Schools in Michigan” list, coming in at #11. The yearly cost to attend Western Michigan University is $19,433 for michigan bachelor’s degree economics students.
With a ranking of #6, Central Michigan University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan list. Central Michigan University is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 17 bachelors’s 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 Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Central Michigan is $15,981 for michigan bachelor’s degree economics students.
Oakland University came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan ranking. Oakland is a fairly large public school situated in Rochester Hills, Michigan. It awarded 10 bachelors’s economics degrees in 2019-2020.
Oakland not only placed well in this ranking. It is also #13 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Oakland University is $11,802 for michigan bachelor’s degree economics students.
Wayne State University came in at #8 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan ranking. Wayne State University is a large public school situated in Detroit, Michigan. It awarded 36 bachelors’s economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree economics students list, Wayne State has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $13,965 for Michigan Bachelor’s Degree Economics students per year to attend Wayne State University.
University of Michigan - Flint ranked #9 on this year’s Best Value Economics Schools for a Bachelor’s in Michigan list. UM Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 9 bachelors’s economics degrees to qualified students.
In addition to being on our michigan bachelor’s degree economics students list, UM Flint has also earned the #15 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,734 for michigan bachelor’s degree economics students per year to attend UM Flint.
Northern Michigan University ranked #10 on this year’s Best Value Economics Schools for a Bachelor’s in Michigan list. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 14 bachelors’s economics degrees in 2019-2020.
Northern Michigan University did well in our major quality rankings, too. It placed #16 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. It costs about $15,453 for michigan bachelor’s degree economics students per year to attend Northern Michigan University.
Eastern Michigan University came in at #11 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan ranking. Eastern Michigan is a fairly large school located in Ypsilanti, Michigan that handed out 19 bachelors’s economics degrees in 2019-2020.
Eastern Michigan also took the #17 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan University is $15,924 for Michigan Bachelor’s Degree Economics students.
University of Detroit Mercy came in at #12 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Michigan ranking. Located in Detroit, Michigan, this small private not-for-profit school awarded 18 degrees to qualified bachelors’s economics students in 2019-2020.
Detroit Mercy did well in our major quality rankings, too. It placed #5 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend University of Detroit Mercy is $18,356 for michigan bachelor’s degree economics students.
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%.
Hope College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Michigan ranking, coming in at #13. Hope College is a small private not-for-profit school situated in Holland, Michigan. It awarded 15 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Hope, the school also landed the #3 spot in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Hope is $26,562 for michigan bachelor’s degree economics students.
The student loan default rate at the school is 2.1%, 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%.
Aquinas College Michigan landed the #14 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan 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.
In addition to being on our michigan bachelor’s degree economics students list, Aquinas College Michigan has also earned the #9 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Aquinas College Michigan is $18,549 for Michigan Bachelor’s Degree Economics students.
Calvin University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Michigan ranking, coming in at #15. 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 not only placed well in this ranking. It is also #6 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. It costs about $26,647 for michigan bachelor’s degree economics students per year to attend Calvin University.
The low student loan default rate of 1.6% 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 87%, which means students like the school well enough to return for a second year.
With a ranking of #16, Kalamazoo College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan list. This small school is located in Kalamazoo, Michigan, and it awarded 20 bachelors’s economics degrees in 2019-2020.
K College did well in our major quality rankings, too. It placed #4 on our “Best Economics Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend K College is $22,808 for michigan bachelor’s degree economics students.
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%.
With a ranking of #17, Albion College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Michigan list. This small school is located in Albion, Michigan, and it awarded 27 bachelors’s economics degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree economics students list, Albion has also earned the #7 rank in our “Best Economics Bachelor’s Degree Schools in Michigan” ranking. It costs about $16,653 for michigan bachelor’s degree economics students per year to attend Albion College.
Focus on a Specific Degree Level
- Best Value Bachelor’s Degree Colleges for Economics in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Economics
Switch to a More General Major
Switch to a Similar Major
General Social Sciences
Best Value Bachelor's Degree Colleges for General Social Sciences in Michigan
Criminology
Best Value Bachelor's Degree Colleges for Criminology in Michigan
International Relations & National Security
Best Value Bachelor's Degree Colleges for International Relations & National Security in Michigan
Sociology
Best Value Bachelor's Degree Colleges for Sociology in Michigan
Sociology & Anthropology
Best Value Bachelor's Degree Colleges for Sociology & Anthropology in Michigan
Anthropology
Best Value Bachelor's Degree Colleges for Anthropology in Michigan
Geography & Cartography
Best Value Bachelor's Degree Colleges for Geography & Cartography in Michigan
Political Science & Government
Best Value Bachelor's Degree Colleges for Political Science & Government in Michigan
Urban Studies
Best Value Bachelor's Degree Colleges for Urban Studies in Michigan
Other Social Sciences
Best Value Bachelor's Degree Colleges for Other Social Sciences in Michigan
Switch to a More Focused Major
General Economics
Best Value Bachelor's Degree Colleges for General Economics in Michigan
Development Economics & International Development
Best Value Bachelor's Degree Colleges for Development Economics & International Development in Michigan
Other Economics
Best Value Bachelor's Degree Colleges for Other Economics in Michigan
Switch to a Different Ranking Method
Best Economics Bachelor's Degree Schools in Michigan
Economics students in the state of Michigan
Most Focused Bachelor's Degree Colleges for Economics in Michigan
Economics students in Michigan
Most Popular Bachelor's Degree Online Economics Schools
Economics students in Michigan
Best Value Bachelor's Degree Colleges for Economics (Income $0-$30k) in Michigan
Economics students with family income less than $30k in Michigan
Best Value Bachelor's Degree Colleges for Economics (Income $48-$75k) in Michigan
Economics students with family income $48-$75k in Michigan
Best Value Bachelor's Degree Colleges for Economics (Income Over $110k) in Michigan
Economics students with family income exceeding $110k in Michigan
Highest Paid Bachelor's Degree Economics Graduates in Michigan
Economics students in Michigan
Most Popular Bachelor's Degree Colleges for Economics in Michigan
Economics students in Michigan
Best Value Bachelor's Degree Colleges for Economics in Michigan (With Aid)
Economics students getting aid in Michigan
Best Value Bachelor's Degree Colleges for Economics (Income $30-$48k) in Michigan
Economics students with family income $30-$48k in Michigan
Best Value Bachelor's Degree Colleges for Economics (Income $75-$110k) in Michigan
Economics students with family income $75-$110k in Michigan
Best Value Bachelor's Degree Colleges for Economics in Michigan
Economics students in Michigan
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.
Featured Economics Schools
Request Info
|
Southern New Hampshire University
You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn More > |
College Factual provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© College Factual – All Rights Reserved.
