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2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k

28 Ranked Colleges
642 Degrees Awarded
$15,600 Avg Net Price*
Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k” ranking as one item you can use to help make this decision.

Business Economics is the 130th most popular major in the country with 5,667 degrees awarded in 2020-2021.

Across the Great Lakes region, there were 642 business economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k” ranking analyzed 28 colleges that offered a degree in business economics. This ranking identifies schools with high-quality business economics 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 economics 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 Economics Schools in the Great Lakes Region For Those Making $30-$48k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 Economics Schools in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region business economics students whose families make $30-$48k.

Top 25 Best Value Colleges for Business Economics (Income $30-$48k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

Out of the 28 schools in the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 49 ’s degrees in 2020-2021.

Northwestern also took the #1 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwestern is $917 for great lakes region business economics students whose families make $30-$48k.

The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read more about Business Economics at Northwestern University

2

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #2 on our 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Columbus, Ohio, this large public school handed out 78 degrees to qualified ’s business economics students in 2020-2021.

In addition to being on our great lakes region business economics students whose families make $30-$48k list, Ohio State has also earned the #2 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State is $8,581 for Great Lakes Region Business Economics students whose families make $30-$48k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about Business Economics at Ohio State

3
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Oakland University
Rochester Hills, Michigan

You’ll be in good company if you decide to attend Oakland University. It ranked #3 on our 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 6 ’s business economics degrees in 2020-2021.

Oakland also took the #12 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Oakland is $8,839 for great lakes region business economics students whose families make $30-$48k.

The low undergrad student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Oakland Business Economics Report

4
GVSU crest
Grand Valley State University
Allendale, Michigan

You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #4 for the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k. GVSU is located in Allendale, Michigan and, has a large student population. In 2020-2021, this school awarded 45 ’s business economics degrees to qualified students.

As a testament to the quality of education offered at GVSU, the school also landed the #11 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Grand Valley State University is $11,026 for great lakes region business economics students whose families make $30-$48k.

The school has an impressive undergrad 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 Economics at GVSU

5
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois

You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #5 on our 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Wheaton College Illinois is a small private not-for-profit school situated in Wheaton, Illinois. It awarded 65 ’s business economics degrees in 2020-2021.

Wheaton College Illinois not only placed well in this ranking. It is also #3 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Wheaton College Illinois is $18,519 for great lakes region business economics students whose families make $30-$48k.

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. 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%.

Full Wheaton College Illinois Business Economics Report

6

Southern Illinois University Edwardsville did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #6. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 16 ’s business economics degrees in 2020-2021.

In addition to being on our great lakes region business economics students whose families make $30-$48k list, SIUE has also earned the #25 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend SIUE is $8,825 for great lakes region business economics students whose families make $30-$48k.

Read full report on Business Economics at Southern Illinois University Edwardsville

7
Saginaw Valley State University crest
Saginaw Valley State University
University Center, Michigan

Saginaw Valley State University came in at #7 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s business economics degrees to 6 students in 2020-2021.

Saginaw Valley State University not only placed well in this ranking. It is also #20 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Saginaw Valley State University is $11,674 for great lakes region business economics students whose families make $30-$48k.

The low undergrad student loan default rate of 4.8% 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 full report on Business Economics at Saginaw Valley State University

8

Miami University - Oxford did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #8. Miami University - Oxford is a fairly large public school situated in Oxford, Ohio. It awarded 44 ’s business economics degrees in 2020-2021.

Miami University - Oxford also took the #8 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Miami University - Oxford is $16,062 for great lakes region business economics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.

Read more about Business Economics at Miami University - Oxford

9
Lewis crest
Lewis University
Romeoville, Illinois

Lewis University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #9. Lewis is a medium-sized school located in Romeoville, Illinois that handed out 13 ’s business economics degrees in 2020-2021.

Lewis also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #18. The yearly cost to attend Lewis is $15,348 for great lakes region business economics students whose families make $30-$48k.

The low undergrad student loan default rate of 2.0% 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%.

Read more about Business Economics at Lewis University

10
Aquinas College Michigan crest
Aquinas College Michigan
Grand Rapids, Michigan

Aquinas College Michigan did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #10. Aquinas College Michigan is a small school located in Grand Rapids, Michigan that handed out 5 ’s business economics degrees in 2020-2021.

In addition to being on our great lakes region business economics students whose families make $30-$48k list, Aquinas College Michigan has also earned the #16 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $16,735 for Great Lakes Region Business Economics students whose families make $30-$48k per year to attend Aquinas College Michigan.

The low undergrad student loan default rate of 4.1% 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 Economics at Aquinas College Michigan

11
Bradley crest
Bradley University
Peoria, Illinois

Bradley University ranked #11 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Bradley University is located in Peoria, Illinois and, has a medium-sized student population. In 2020-2021, this school awarded 10 ’s business economics degrees to qualified students.

As a testament to the quality of education offered at Bradley, the school also landed the #10 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Bradley is $17,753 for Great Lakes Region Business Economics students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read more about Business Economics at Bradley

12
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Northwood University
Midland, Michigan

Northwood University came in at #12 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 5 students in 2020-2021.

As a testament to the quality of education offered at Northwood, the school also landed the #21 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwood University is $15,273 for great lakes region business economics students whose families make $30-$48k.

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 school has an impressive undergrad student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.

Full Northwood Business Economics Report

13

Cleveland State University came in at #13 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Cleveland State University is a public institution located in Cleveland, Ohio. The school has a fairly large population, and it awarded 12 ’s degrees in 2020-2021.

Cleveland State University not only placed well in this ranking. It is also #22 on our “Best Business Economics Schools in the Great Lakes Region” list. It costs about $14,813 for Great Lakes Region Business Economics students whose families make $30-$48k per year to attend Cleveland State University.

Read full report on Business Economics at Cleveland State University

14
Marquette crest
Marquette University
Milwaukee, Wisconsin

Marquette University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #14. Located in Milwaukee, Wisconsin, this fairly large private not-for-profit school handed out 30 degrees to qualified ’s business economics students in 2020-2021.

Marquette also took the #7 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Marquette University is $21,378 for Great Lakes Region Business Economics students whose families make $30-$48k.

The undergrad student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Read full report on Business Economics at Marquette

15

With a ranking of #15, Western Illinois University did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Western Illinois University is a medium-sized public school situated in Macomb, Illinois. It awarded 6 ’s business economics degrees in 2020-2021.

It costs about $12,112 for great lakes region business economics students whose families make $30-$48k per year to attend WIU.

Read full report on Business Economics at Western Illinois University

16
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University ranked #16 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Eastern Michigan University is located in Ypsilanti, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 5 ’s business economics degrees to qualified students.

The estimated yearly cost for Eastern Michigan University is $13,265 for Great Lakes Region Business Economics students whose families make $30-$48k.

Read more about Business Economics at Eastern Michigan

17

Wright State University - Main Campus landed the #17 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Wright State University - Main Campus is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 18 ’s degrees in 2020-2021.

The estimated yearly cost for Wright State University - Main Campus is $13,747 for Great Lakes Region Business Economics students whose families make $30-$48k.

Read full report on Business Economics at Wright State University - Main Campus

18
Cedarville crest
Cedarville University
Cedarville, Ohio

Cedarville University landed the #18 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Cedarville University is a small school located in Cedarville, Ohio that handed out 3 ’s business economics degrees in 2020-2021.

Cedarville did well in our major quality rankings, too. It placed #19 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Cedarville University is $18,961 for great lakes region business economics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 88%, 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 1.7%, which is much lower than the national rate of 10.1%.

Read more about Business Economics at Cedarville University

19

Ohio University - Athens Campus came in at #19 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. OHIO Athens is a large school located in Athens, Ohio that handed out 19 ’s business economics degrees in 2020-2021.

OHIO Athens also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #13. The estimated yearly cost for Ohio University - Athens Campus is $18,991 for great lakes region business economics students whose families make $30-$48k.

Read full report on Business Economics at OHIO Athens

20
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University of Dayton
Dayton, Ohio

University of Dayton landed the #20 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. UDayton is a fairly large private not-for-profit school situated in Dayton, Ohio. It awarded 48 ’s business economics degrees in 2020-2021.

UDayton also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #4. The yearly cost to attend University of Dayton is $20,992 for great lakes region business economics students whose families make $30-$48k.

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 low undergrad student loan default rate of 1.4% 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 more about Business Economics at UDayton

21
Hope crest
Hope College
Holland, Michigan

Hope College did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #21. Hope College is a small school located in Holland, Michigan that handed out 5 ’s business economics degrees in 2020-2021.

Hope also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #15. The estimated yearly cost for Hope College is $18,994 for great lakes region business economics students whose families make $30-$48k.

The low undergrad student loan default rate of 2.4% 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Business Economics at Hope College

22
Capital crest
Capital University
Columbus, Ohio

With a ranking of #22, Capital University did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Capital is a small private not-for-profit school situated in Columbus, Ohio. It awarded 6 ’s business economics degrees in 2020-2021.

Capital also took the #17 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Capital University is $21,198 for great lakes region business economics students whose families make $30-$48k.

The undergrad student loan default rate at the school is 4.1%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business Economics at Capital

23

Ohio Wesleyan University came in at #23 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Ohio Wesleyan University is located in Delaware, Ohio and, has a small student population. In 2020-2021, this school awarded 3 ’s business economics degrees to qualified students.

OWU did well in our major quality rankings, too. It placed #14 on our “Best Business Economics Schools in the Great Lakes Region” list. The estimated yearly cost for OWU is $21,323 for great lakes region business economics students whose families make $30-$48k.

The low undergrad student loan default rate of 3.3% 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%. Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read more about Business Economics at OWU

24
DePaul crest
DePaul University
Chicago, Illinois

DePaul University ranked #24 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k list. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 35 ’s business economics degrees in 2020-2021.

As a testament to the quality of education offered at DePaul, the school also landed the #6 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for DePaul is $27,252 for Great Lakes Region Business Economics students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Full DePaul Business Economics Report

25
Carroll U crest
Carroll University
Waukesha, Wisconsin

Carroll University landed the #25 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. This small school is located in Waukesha, Wisconsin, and it awarded 4 ’s business economics degrees in 2020-2021.

Carroll U not only placed well in this ranking. It is also #23 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Carroll University is $18,414 for Great Lakes Region Business Economics students whose families make $30-$48k.

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%.

Read full report on Business Economics at Carroll U

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