2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $0-$30k) in the Great Lakes Region
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking is part of that endeavor.
Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.
Across the Great Lakes region, there were 49,739 business administration and management graduates with average earnings and debt of $48,112 and $29,067 respectively. At the bachelor’s degree level specifically, there were 18,371 business administration and management graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking analyzed 193 colleges that offered a degree in business administration and management. This ranking identifies schools with high-quality business administration and management programs that also have a lower cost than 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 business administration and management program at the school. Check out our ranking methodology for more information.
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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 Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” list to help you make the college decision.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $0-$30k) in the Great Lakes Region
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. This large school is located in Ann Arbor, Michigan, and it awarded 596 bachelors’s business administration degrees in 2019-2020.
U-M also took the #1 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $3,166 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend U-M.
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 freshman retention rate of 96%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #2 for the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 178 bachelors’s business administration degrees in 2019-2020.
UW - Madison also took the #3 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Madison is $4,367 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at UW - Madison
Out of the 193 schools in the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 135 students in 2019-2020.
UIUC not only placed well in this ranking. It is also #2 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $5,477 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend University of Illinois at Urbana-Champaign.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business Administration & Management at University of Illinois at Urbana-Champaign
Out of the 193 schools in the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Michigan State University landed the #4 spot on the list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 505 students in 2019-2020.
Michigan State also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #4. The estimated yearly cost for Michigan State is $6,686 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k.
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 student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business Administration & Management at Michigan State
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #5 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 237 bachelors’s business administration degrees in 2019-2020.
Purdue also took the #6 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Purdue University - Main Campus is $5,483 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k.
The student loan default rate at the school is 2.2%, 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 93%.
Full Purdue University - Main Campus Business Administration & Management Report
Ohio State University - Main Campus landed the #6 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 333 students in 2019-2020.
Ohio State also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #5. The yearly cost to attend Ohio State University - Main Campus is $8,194 for great lakes region bachelor’s degree business administration students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low student loan default rate of 4.4% 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%.
Read full report on Business Administration & Management at Ohio State University - Main Campus
Michigan Technological University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. Michigan Tech is located in Houghton, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 22 bachelors’s business administration degrees to qualified students.
As a testament to the quality of education it offers, Michigan Tech is also in the top of our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It’s ranked in the top 15% of all schools on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $8,295 for great lakes region bachelor’s degree business administration students whose families make $0-$30k per year to attend Michigan Technological University.
The school has an impressive 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 86%.
Read more about Business Administration & Management at Michigan Technological University
University of Wisconsin - La Crosse did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #8. UW - La Crosse is located in La Crosse, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 105 bachelors’s business administration degrees to qualified students.
UW - La Crosse did well in our major quality rankings, too. It placed #15 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $7,939 for great lakes region bachelor’s degree business administration students whose families make $0-$30k per year to attend UW - La Crosse.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Business Administration & Management at University of Wisconsin - La Crosse
University of Wisconsin - Whitewater ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. UW - Whitewater is a fairly large school located in Whitewater, Wisconsin that handed out 222 bachelors’s business administration degrees in 2019-2020.
UW - Whitewater also took the #21 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - Whitewater is $11,868 for great lakes region bachelor’s degree business administration students whose families make $0-$30k.
Read more about Business Administration & Management at University of Wisconsin - Whitewater
University of Wisconsin - River Falls ranked #10 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. This medium-sized school is located in River Falls, Wisconsin, and it awarded 148 bachelors’s business administration degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business administration students whose families make $0-$30k list, UW - River Falls has also earned the #24 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $8,366 for great lakes region bachelor’s degree business administration students whose families make $0-$30k per year to attend UW - River Falls.
The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
Read full report on Business Administration & Management at University of Wisconsin - River Falls
Ferris State University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #11. Ferris State University is a fairly large school located in Big Rapids, Michigan that handed out 257 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend Ferris is $7,207 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Ferris
With a ranking of #12, Franklin University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Franklin University is a private not-for-profit institution located in Columbus, Ohio. The school has a medium-sized population, and it awarded 322 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Franklin University is $11,328 for great lakes region bachelor’s degree business administration students whose families make $0-$30k.
Read more about Business Administration & Management at Franklin University
University of Wisconsin - Green Bay ranked #13 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Green Bay, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 219 students in 2019-2020.
As a testament to the quality of education it offers, UW - Green Bay is also in the top of our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It’s ranked in the top 20% of all schools on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Green Bay is $11,337 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k.
Read full report on Business Administration & Management at University of Wisconsin - Green Bay
University of Wisconsin - Stout did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #14. Menomonie, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 284 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business administration students whose families make $0-$30k list, UW - Stout has also earned the #11 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $10,695 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend University of Wisconsin - Stout.
The low student loan default rate of 3.8% 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 #15, University of Wisconsin - Eau Claire did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Eau Claire, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 182 students in 2019-2020.
UW - Eau Claire also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #19. The estimated yearly cost for University of Wisconsin - Eau Claire is $11,528 for great lakes region bachelor’s degree business administration students whose families make $0-$30k.
Read full report on Business Administration & Management at UW - Eau Claire
University of Wisconsin - Stevens Point landed the #15 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Wisconsin - Stevens Point is a public institution located in Stevens Point, Wisconsin. The school has a medium-sized population, and it awarded 170 bachelors’s degrees in 2019-2020.
The estimated yearly cost for UW - Stevens Point is $11,446 for great lakes region bachelor’s degree business administration students whose families make $0-$30k.
Full University of Wisconsin - Stevens Point Business Administration & Management Report
University of Wisconsin - Platteville landed the #17 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Platteville, Wisconsin, this medium-sized public school awarded 169 diplomas to qualified bachelors’s business administration students in 2019-2020.
In addition to being on this list, UW - Platteville is in the top on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools in this category. The estimated yearly cost for University of Wisconsin - Platteville is $12,117 for great lakes region bachelor’s degree business administration students whose families make $0-$30k.
Full University of Wisconsin - Platteville Business Administration & Management Report
University of Wisconsin - Parkside ranked #18 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Kenosha, Wisconsin, this small public school handed out 146 diplomas to qualified bachelors’s business administration students in 2019-2020.
It costs about $6,652 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend University of Wisconsin - Parkside.
Full University of Wisconsin - Parkside Business Administration & Management Report
Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #19. Indiana University - Purdue University - Indianapolis is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 77 bachelors’s degrees in 2019-2020.
It costs about $5,052 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend IUPUI.
With a ranking of #20, Southern Illinois University Edwardsville did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 244 students in 2019-2020.
It costs about $8,055 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Southern Illinois University Edwardsville.
Oakland University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #21. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 62 bachelors’s business administration degrees to qualified students.
It costs about $7,490 for great lakes region bachelor’s degree business administration students whose families make $0-$30k per year to attend Oakland University.
Ball State University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #22. Ball State University is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 21 bachelors’s degrees in 2019-2020.
The yearly cost to attend Ball State University is $8,403 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k.
Indiana University - East came in at #23 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Indiana University - East is located in Richmond, Indiana and, has a small student population. In 2019-2020, this school awarded 216 bachelors’s business administration degrees to qualified students.
It costs about $3,622 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend IU East.
Read more about Business Administration & Management at IU East
University of Wisconsin - Oshkosh did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #24. Located in Oshkosh, Wisconsin, this fairly large public school handed out 83 diplomas to qualified bachelors’s business administration students in 2019-2020.
It costs about $11,687 for great lakes region bachelor’s degree business administration students whose families make $0-$30k per year to attend University of Wisconsin - Oshkosh.
Full University of Wisconsin - Oshkosh Business Administration & Management Report
Grand Valley State University landed the #25 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. GVSU is a public institution located in Allendale, Michigan. The school has a large population, and it awarded 103 bachelors’s degrees in 2019-2020.
On top of its placing in this ranking, GVSU also did well on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools reviewed in that analysis. It costs about $11,578 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend GVSU.
The 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 full report on Business Administration & Management at Grand Valley State University
Rest of the Best 29 in Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
Not only did these schools make the top 29 list, but they also landed in the top 15% of this year’s ranking:
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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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