2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $48-$75k) 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. College Factual has developed its “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking as one item you can use to help make this decision.
In 2019-2020, 404,734 business administration and management students received their degree, making the major the 2nd most popular in the country. 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 $48-$75k” ranking looked at 190 colleges that offer degrees in a bachelor’s 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.
Some of the factors we look at when determining these rankings are overall quality of the business administration and management program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
The colleges and universities below are the best for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $48-$75k) in the Great Lakes Region
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 Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. Located in Ann Arbor, Michigan, this large public school awarded 596 degrees to qualified bachelors’s business administration students in 2019-2020.
U-M also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. It costs about $10,028 for great lakes region bachelor’s degree business administration students whose families make $48-$75k per year to attend University of Michigan - Ann Arbor.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.
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 $48-$75k. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 178 bachelors’s degrees in 2019-2020.
UW - Madison not only placed well in this ranking. It is also #3 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $13,227 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k per year to attend UW - Madison.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Business Administration & Management at University of Wisconsin - Madison
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 Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 237 bachelors’s business administration degrees in 2019-2020.
Purdue also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #6. The yearly cost to attend Purdue is $9,654 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read more about Business Administration & Management at Purdue
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #4 for the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 135 bachelors’s degrees in 2019-2020.
UIUC also took the #2 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $13,351 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read more about Business Administration & Management at UIUC
You’ll be in good company if you decide to attend Franklin University. It ranked #5 on our 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Franklin University is a medium-sized private not-for-profit school situated in Columbus, Ohio. It awarded 322 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for Franklin University is $11,869 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Full Franklin University Business Administration & Management Report
Ohio State University - Main Campus did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. Located in Columbus, Ohio, this large public school awarded 333 degrees to qualified bachelors’s business administration students in 2019-2020.
Ohio State not only placed well in this ranking. It is also #5 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Ohio State is $13,982 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Michigan Technological University ranked #7 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in Houghton, Michigan, this medium-sized public school awarded 22 degrees to qualified bachelors’s business administration students in 2019-2020.
In addition to being on this list, Michigan Tech 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 15% of all schools in this category. The yearly cost to attend Michigan Tech is $13,720 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
The student loan default rate at the school is 2.3%, 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 86%.
Full Michigan Technological University Business Administration & Management Report
University of Wisconsin - La Crosse landed the #8 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. This fairly large school is located in La Crosse, Wisconsin, and it awarded 105 bachelors’s business administration degrees in 2019-2020.
UW - La Crosse also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #15. It costs about $13,304 for great lakes region bachelor’s degree business administration students whose families make $48-$75k per year to attend University of Wisconsin - La Crosse.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Read more about Business Administration & Management at University of Wisconsin - La Crosse
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 $48-$75k ranking, coming in at #9. 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.
The yearly cost to attend Oakland is $10,387 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
University of Illinois at Springfield came in at #10 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. UIS is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 122 bachelors’s business administration degrees to qualified students.
The estimated yearly cost for UIS is $11,857 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
University of Wisconsin - Stout ranked #11 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Stout is located in Menomonie, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 284 bachelors’s business administration degrees to qualified students.
As a testament to the quality of education offered at UW - Stout, the school also landed the #11 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Stout is $15,235 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
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%.
Read more about Business Administration & Management at UW - Stout
University of Wisconsin - Green Bay did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. UW - Green Bay is a public institution located in Green Bay, Wisconsin. The school has a medium-sized population, and it awarded 219 bachelors’s degrees in 2019-2020.
UW - Green Bay also claimed a top spot 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. The yearly cost to attend University of Wisconsin - Green Bay is $14,584 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Read full report on Business Administration & Management at UW - Green Bay
With a ranking of #13, University of Wisconsin - Platteville did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. This medium-sized school is located in Platteville, Wisconsin, and it awarded 169 bachelors’s business administration degrees in 2019-2020.
On top of its placing in this ranking, UW - Platteville 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. The yearly cost to attend University of Wisconsin - Platteville is $15,152 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read more about Business Administration & Management at University of Wisconsin - Platteville
University of Wisconsin - Whitewater landed the #14 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Whitewater, Wisconsin, this fairly large public school awarded 222 diplomas to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at UW - Whitewater, the school also landed 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 $14,941 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read more about Business Administration & Management at UW - Whitewater
University of Wisconsin - Eau Claire did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #15. UW - Eau Claire is a public institution located in Eau Claire, Wisconsin. The school has a fairly large population, and it awarded 182 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UW - Eau Claire, the school also landed the #19 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 - Eau Claire is $14,887 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read more about Business Administration & Management at UW - Eau Claire
University of Wisconsin - River Falls came in at #16 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. River Falls, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 148 students in 2019-2020.
As a testament to the quality of education offered at UW - River Falls, the school also landed the #24 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UW - River Falls is $13,474 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business Administration & Management at University of Wisconsin - River Falls
Wright State University - Lake Campus came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Wright State University - Lake Campus is a public institution located in Celina, Ohio. The school has a small population, and it awarded 37 bachelors’s degrees in 2019-2020.
It costs about $12,664 for great lakes region bachelor’s degree business administration students whose families make $48-$75k per year to attend Wright State University - Lake Campus.
Read full report on Business Administration & Management at Wright State University - Lake Campus
With a ranking of #18, Northern Illinois University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in Dekalb, Illinois, this fairly large public school awarded 174 degrees to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education it offers, NIU 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 Northern Illinois University is $18,346 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Read full report on Business Administration & Management at NIU
University of Wisconsin - Stevens Point did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #19. Stevens Point, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 170 students in 2019-2020.
The yearly cost to attend UW - Stevens Point is $14,165 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Read more about Business Administration & Management at University of Wisconsin - Stevens Point
University of Wisconsin - Parkside landed the #20 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Kenosha, Wisconsin, this small public school handed out 146 degrees to qualified bachelors’s business administration students in 2019-2020.
The estimated yearly cost for UW - Parkside is $12,166 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Read full report on Business Administration & Management at University of Wisconsin - Parkside
Southern Illinois University Edwardsville came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 244 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend Southern Illinois University Edwardsville is $13,705 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
Full Southern Illinois University Edwardsville Business Administration & Management Report
Ferris State University ranked #22 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 257 bachelors’s degrees in 2019-2020.
The yearly cost to attend Ferris is $14,101 for great lakes region bachelor’s degree business administration students whose families make $48-$75k.
University of Wisconsin - Oshkosh ranked #23 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Oshkosh is located in Oshkosh, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 83 bachelors’s business administration degrees to qualified students.
It costs about $15,236 for great lakes region bachelor’s degree business administration students whose families make $48-$75k per year to attend UW Oshkosh.
Read full report on Business Administration & Management at UW Oshkosh
Michigan State University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Michigan State is located in East Lansing, Michigan and, has a large student population. In 2019-2020, this school awarded 505 bachelors’s business administration degrees to qualified students.
Michigan State did well in our major quality rankings, too. It placed #4 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $20,696 for great lakes region bachelor’s degree business administration students whose families make $48-$75k per year to attend Michigan State University.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. 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%.
Full Michigan State University Business Administration & Management Report
University of Michigan - Dearborn did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #25. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 26 students in 2019-2020.
The yearly cost to attend University of Michigan - Dearborn is $10,553 for Great Lakes Region Bachelor’s Degree Business Administration students whose families make $48-$75k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Administration & Management at University of Michigan - Dearborn
Rest of the Best 29 in Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
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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