2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management in the Great Lakes Region (With Aid)
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Getting Aid” ranking is part of that endeavor.
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.
For this year’s “Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 193 colleges that offer a degree in business administration and management. Not only do the schools that top this list have excellent business administration and management programs, but they also cost less that 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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Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid
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 Getting Aid.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management in the Great Lakes Region (With Aid)
Out of the 193 schools in the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. Located in Ann Arbor, Michigan, this large public school handed out 596 diplomas to qualified bachelors’s business administration students in 2019-2020.
U-M not only placed well in this ranking. It is also #1 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Michigan - Ann Arbor is $15,336 for great lakes region bachelor’s degree business administration students with aid.
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 low student loan default rate of 1.2% 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 Business Administration & Management at University of Michigan - Ann Arbor
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 #2 for the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. This large school is located in Champaign, Illinois, and it awarded 135 bachelors’s business administration 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 UIUC is $15,880 for great lakes region bachelor’s degree business administration students with aid.
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 school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Full University of Illinois at Urbana-Champaign Business Administration & Management Report
Out of the 193 schools in the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. University of Wisconsin - Madison is a large public school situated in Madison, Wisconsin. It awarded 178 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at UW - Madison, the school also landed the #3 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $17,708 for Great Lakes Region Bachelor’s Degree Business Administration students with aid per year to attend University of Wisconsin - Madison.
The low student loan default rate of 0.8% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
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 Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #4 spot on the list. 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 not only placed well in this ranking. It is also #6 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $13,986 for Great Lakes Region Bachelor’s Degree Business Administration students with aid per year to attend Purdue University - Main Campus.
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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Out of the 193 schools in the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Franklin University landed the #5 spot on the list. Located in Columbus, Ohio, this medium-sized private not-for-profit school awarded 322 diplomas to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend Franklin University is $12,895 for great lakes region bachelor’s degree business administration students with aid.
Read full report on Business Administration & Management at Franklin University
Michigan State University ranked #6 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid 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 not only placed well in this ranking. It is also #4 on our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Michigan State is $19,173 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
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 Business Administration & Management Report
University of Wisconsin - La Crosse landed the #7 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. UW - La Crosse is a public institution located in La Crosse, Wisconsin. The school has a fairly large population, and it awarded 105 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UW - La Crosse, the school also landed the #15 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $14,580 for Great Lakes Region Bachelor’s Degree Business Administration students with aid per year to attend University of Wisconsin - La Crosse.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. 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%.
Read more about Business Administration & Management at UW - La Crosse
University of Wisconsin - Whitewater did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #8. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 222 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 $15,249 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read full report on Business Administration & Management at UW - Whitewater
University of Wisconsin - Green Bay ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. UW - Green Bay is located in Green Bay, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 219 bachelors’s business administration degrees to qualified students.
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 in this category. The yearly cost to attend UW - Green Bay is $14,395 for great lakes region bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at University of Wisconsin - Green Bay
With a ranking of #10, University of Wisconsin - Parkside did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. UW - Parkside is a small school located in Kenosha, Wisconsin that handed out 146 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend University of Wisconsin - Parkside is $11,327 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read more about Business Administration & Management at University of Wisconsin - Parkside
University of Wisconsin - River Falls ranked #11 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid 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 with aid 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. The yearly cost to attend UW - River Falls is $13,748 for great lakes region bachelor’s degree business administration students with aid.
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 UW - River Falls
University of Wisconsin - Stout ranked #12 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Located in Menomonie, Wisconsin, this medium-sized public school handed out 284 diplomas to qualified bachelors’s business administration students in 2019-2020.
UW - Stout also made our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #11. The estimated yearly cost for University of Wisconsin - Stout is $15,839 for great lakes region bachelor’s degree business administration students with aid.
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%.
Full University of Wisconsin - Stout Business Administration & Management Report
University of Wisconsin - Oshkosh landed the #13 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. University of Wisconsin - Oshkosh is a public institution located in Oshkosh, Wisconsin. The school has a fairly large population, and it awarded 83 bachelors’s degrees in 2019-2020.
The yearly cost to attend UW Oshkosh is $15,463 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read full report on Business Administration & Management at UW Oshkosh
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 Getting Aid ranking, coming in at #14. Located in Eau Claire, Wisconsin, this fairly large public school handed out 182 diplomas to qualified bachelors’s business administration students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business administration students with aid list, UW - Eau Claire has also earned the #19 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Eau Claire is $16,020 for great lakes region bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at University of Wisconsin - Eau Claire
University of Illinois at Springfield landed the #15 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in Springfield, Illinois, this small public school awarded 122 diplomas to qualified bachelors’s business administration students in 2019-2020.
It costs about $12,477 for Great Lakes Region Bachelor’s Degree Business Administration students with aid per year to attend UIS.
Full University of Illinois at Springfield Business Administration & Management Report
University of Wisconsin - Stevens Point ranked #16 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. University of Wisconsin - Stevens Point is located in Stevens Point, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 170 bachelors’s business administration degrees to qualified students.
It costs about $14,465 for great lakes region bachelor’s degree business administration students with aid per year to attend UW - Stevens Point.
Read more about Business Administration & Management at UW - Stevens Point
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 Getting Aid ranking, coming in at #17. This fairly large school is located in Big Rapids, Michigan, and it awarded 257 bachelors’s business administration degrees in 2019-2020.
It costs about $12,889 for great lakes region bachelor’s degree business administration students with aid per year to attend Ferris.
With a ranking of #18, Indiana University - East did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. This small school is located in Richmond, Indiana, and it awarded 216 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for Indiana University - East is $7,722 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read more about Business Administration & Management at Indiana University - East
With a ranking of #19, University of Illinois at Chicago did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 56 bachelors’s business administration degrees to qualified students.
It costs about $13,312 for Great Lakes Region Bachelor’s Degree Business Administration students with aid per year to attend University of Illinois at Chicago.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Administration & Management at UIC
University of Wisconsin - Platteville did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #20. University of Wisconsin - Platteville is located in Platteville, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 169 bachelors’s business administration degrees to qualified students.
UW - Platteville excels when it comes to business administration quality. 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 UW - Platteville is $15,718 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read more about Business Administration & Management at University of Wisconsin - Platteville
Wright State University - Lake Campus ranked #21 on this year’s Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Located in Celina, Ohio, this small public school handed out 37 degrees to qualified bachelors’s business administration students in 2019-2020.
The estimated yearly cost for Wright State University - Lake Campus is $12,099 for great lakes region bachelor’s degree business administration students with aid.
Full Wright State University - Lake Campus Business Administration & Management Report
Governors State University came in at #22 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. GSU is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 100 bachelors’s business administration degrees to qualified students.
The estimated yearly cost for GSU is $12,077 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read full report on Business Administration & Management at Governors State University
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 Getting Aid ranking, coming in at #23. 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 $17,616 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national 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.
Read more about Business Administration & Management at Ohio State University - Main Campus
Purdue University Northwest did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #24. Located in Hammond, Indiana, this medium-sized public school handed out 46 degrees to qualified bachelors’s business administration students in 2019-2020.
The estimated yearly cost for Purdue University Northwest is $11,250 for Great Lakes Region Bachelor’s Degree Business Administration students with aid.
Read more about Business Administration & Management at Purdue University Northwest
Northern Illinois University came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 174 bachelors’s business administration degrees in 2019-2020.
On top of its placing in this ranking, NIU 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 $18,259 for great lakes region bachelor’s degree business administration students with aid per year to attend NIU.
Full Northern Illinois University Business Administration & Management Report
Rest of the Best 29 in Best Value Business Administration Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid
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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