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2023 Most Focused Bachelor’s Degree Colleges for Economics in the Great Lakes Region

143 Ranked Colleges
5,721 Degrees Awarded
$46,675 Avg Salary
Schools for a Bachelor's Highly Focused on Economics Major in the Great Lakes Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region” ranking.

Economics is the 19th most popular major in the country with 49,055 degrees awarded in 2020-2021. 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. At the bachelor’s degree level specifically, there were 5,721 economics graduates with average earnings and debt of $40,343 and $26,790 respectively.

This year’s “Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region” ranking analyzed 143 colleges that offered a degree in economics. That schools that top this list have a program in economics in which the largest percentage of students at the school are enrolled.

Check out our ranking methodology for more information.

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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region” list, to help you choose the best school for you.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region

The colleges and universities below are the best for great lakes region bachelor’s degree economics students.

Top 25 Most Focused Bachelor’s Degree Colleges for Economics in the Great Lakes Region

1
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DePauw University
Greencastle, Indiana

Out of the 143 schools in the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region that were part of this year’s ranking, DePauw University landed the #1 spot on the list. DePauw is located in Greencastle, Indiana and, has a small student population. In 2020-2021, this school awarded 90 bachelors’s economics degrees to qualified students.

The low undergrad student loan default rate of 1.0% 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%. With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Economics at DePauw University

2
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Denison University
Granville, Ohio

You’ll be in good company if you decide to attend Denison University. It ranked #2 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. Granville, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 74 students in 2020-2021.

The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Full Denison University Economics Report

3
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Wabash College
Crawfordsville, Indiana

You’ll be in good company if you decide to attend Wabash College. It ranked #3 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. Located in Crawfordsville, Indiana, this small private not-for-profit school handed out 21 diplomas to qualified bachelors’s economics students in 2020-2021.

The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 2.8%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Wabash

4
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Albion College
Albion, Michigan

You’ll join some of the best and brightest minds around if you attend Albion College. The school came in at #4 for the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region. Albion College is located in Albion, Michigan and, has a small student population. In 2020-2021, this school awarded 34 bachelors’s economics degrees to qualified students.

Read full report on Economics at Albion

5
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Hillsdale College
Hillsdale, Michigan

You’ll be in good company if you decide to attend Hillsdale College. It ranked #5 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. Hillsdale College is a small private not-for-profit school situated in Hillsdale, Michigan. It awarded 34 bachelors’s economics degrees in 2020-2021.

Read more about Economics at Hillsdale College

6
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Principia College
Elsah, Illinois

Principia College came in at #6 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Principia is located in Elsah, Illinois and, has a small student population. In 2020-2021, this school awarded 8 bachelors’s economics degrees to qualified students.

Read more about Economics at Principia

7
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Kenyon College
Gambier, Ohio

Kenyon College landed the #7 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Kenyon College is a private not-for-profit institution located in Gambier, Ohio. The school has a small population, and it awarded 28 bachelors’s degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The low undergrad student loan default rate of 0.5% 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%. The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full Kenyon Economics Report

8
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University of Chicago
Chicago, Illinois

University of Chicago ranked #8 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 491 bachelors’s economics degrees to qualified students.

With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.

Full University of Chicago Economics Report

9
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Lake Forest College
Lake Forest, Illinois

Lake Forest College came in at #9 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Located in Lake Forest, Illinois, this small private not-for-profit school handed out 32 diplomas to qualified bachelors’s economics students in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.

Read more about Economics at Lake Forest College

10
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Knox College
Galesburg, Illinois

Knox College landed the #10 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Galesburg, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 20 students in 2020-2021.

The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.

Full Knox College Economics Report

11
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Lawrence University
Appleton, Wisconsin

Lawrence University landed the #11 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Lawrence University is a private not-for-profit institution located in Appleton, Wisconsin. The school has a small population, and it awarded 21 bachelors’s degrees in 2020-2021.

The undergrad student loan default rate at the school is 2.4%, 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%. With a undergrad student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Economics at Lawrence U

12
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University of Notre Dame
Notre Dame, Indiana

With a ranking of #12, University of Notre Dame did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 254 bachelors’s economics degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.7% 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%.

Full University of Notre Dame Economics Report

13
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Monmouth College
Monmouth, Illinois

Monmouth College came in at #13 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Monmouth College is located in Monmouth, Illinois and, has a small student population. In 2020-2021, this school awarded 13 bachelors’s economics degrees to qualified students.

The undergrad student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Economics at Monmouth College

14
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Ripon College
Ripon, Wisconsin

Ripon College ranked #14 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. Ripon, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 10 students in 2020-2021.

The low undergrad student loan default rate of 3.2% 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%.

Read full report on Economics at Ripon

15
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Beloit College
Beloit, Wisconsin

Beloit College landed the #15 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Beloit College is a private not-for-profit institution located in Beloit, Wisconsin. The school has a small population, and it awarded 15 bachelors’s degrees in 2020-2021.

With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%.

Full Beloit College Economics Report

16
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Oberlin College
Oberlin, Ohio

Oberlin College came in at #16 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Oberlin is a small school located in Oberlin, Ohio that handed out 34 bachelors’s economics degrees in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Oberlin College Economics Report

17
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Kalamazoo College
Kalamazoo, Michigan

Kalamazoo College came in at #17 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Kalamazoo, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 21 students in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.

Read full report on Economics at K College

18
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Wheaton College Illinois
Wheaton, Illinois

Wheaton College Illinois ranked #18 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. Wheaton College Illinois is a small school located in Wheaton, Illinois that handed out 35 bachelors’s economics degrees in 2020-2021.

The low undergrad student loan default rate of 0.5% 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%. The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.

Read full report on Economics at Wheaton College Illinois

19
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Hanover College
Hanover, Indiana

Hanover College landed the #19 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Hanover, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 10 students in 2020-2021.

The low undergrad student loan default rate of 3.4% 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 Hanover College Economics Report

20

University of Michigan - Ann Arbor came in at #20 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. This large school is located in Ann Arbor, Michigan, and it awarded 618 bachelors’s economics degrees in 2020-2021.

The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 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 full report on Economics at University of Michigan - Ann Arbor

21
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Northwestern University
Evanston, Illinois

Northwestern University ranked #21 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. This large school is located in Evanston, Illinois, and it awarded 351 bachelors’s economics degrees in 2020-2021.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Economics at Northwestern

22

With a ranking of #22, University of Wisconsin - Madison did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 624 bachelors’s degrees in 2020-2021.

The low undergrad student loan default rate of 0.9% 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 95%.

Read full report on Economics at UW - Madison

23
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Illinois College
Jacksonville, Illinois

Illinois College came in at #23 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 10 bachelors’s economics degrees in 2020-2021.

Full Illinois College Economics Report

24

University of Illinois at Urbana-Champaign landed the #24 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region ranking. Located in Champaign, Illinois, this large public school handed out 443 degrees to qualified bachelors’s economics students in 2020-2021.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.3% 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%.

Full UIUC Economics Report

25
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Saint Norbert College
De Pere, Wisconsin

Saint Norbert College ranked #25 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in the Great Lakes Region list. De Pere, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 15 students in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.

Full Saint Norbert College Economics Report

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