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2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k

28 Ranked Colleges
642 Degrees Awarded
Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

In 2020-2021, 5,667 people earned their degree in business economics, making the major the 130th most popular in the United States.

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

For this year’s “Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k” ranking, we looked at 28 colleges that offer 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. See our ranking methodology to learn more.

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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 $48-$75k” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k.

Top 25 Best Value Colleges for Business Economics (Income $48-$75k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k. Northwestern University is a large school located in Evanston, Illinois that handed out 49 ’s business economics degrees in 2020-2021.

Northwestern also took the #1 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Northwestern University is $5,849 for great lakes region business economics students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.6% 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 full report on Business Economics at Northwestern

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 $48-$75k list. This large school is located in Columbus, Ohio, and it awarded 78 ’s business economics degrees in 2020-2021.

Ohio State not only placed well in this ranking. It is also #2 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Ohio State University - Main Campus is $13,273 for Great Lakes Region Business Economics students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Full Ohio State University - Main Campus Business Economics Report

3
Oakland crest
Oakland University
Rochester Hills, Michigan

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #3 for the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k. Oakland is a fairly large school located in Rochester Hills, Michigan that handed out 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 University is $12,008 for great lakes region business economics students whose families make $48-$75k.

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%.

Full Oakland Business Economics Report

4
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois

Out of the 28 schools in the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Wheaton College Illinois landed the #4 spot on the list. This small school is located in Wheaton, Illinois, and it awarded 65 ’s business economics degrees in 2020-2021.

Wheaton College Illinois also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #3. The estimated yearly cost for Wheaton College Illinois is $18,373 for Great Lakes Region Business Economics students whose families make $48-$75k.

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 undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.

Read more about Business Economics at Wheaton College Illinois

5
GVSU crest
Grand Valley State University
Allendale, Michigan

Out of the 28 schools in the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Grand Valley State University landed the #5 spot on the list. 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.

GVSU also took the #11 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for GVSU is $15,277 for great lakes region business economics students whose families make $48-$75k.

The low undergrad student loan default rate of 2.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Business Economics at Grand Valley State University

6
Saginaw Valley State University crest
Saginaw Valley State University
University Center, Michigan

Saginaw Valley State University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 6 ’s business economics degrees 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. It costs about $14,265 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Saginaw Valley State University.

The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.

Full Saginaw Valley State University Business Economics Report

7

Southern Illinois University Edwardsville came in at #7 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. SIUE is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 16 ’s degrees in 2020-2021.

In addition to being on our great lakes region business economics students whose families make $48-$75k list, SIUE has also earned the #25 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for SIUE is $12,950 for Great Lakes Region Business Economics students whose families make $48-$75k.

Read full report on Business Economics at SIUE

8
Lewis crest
Lewis University
Romeoville, Illinois

Lewis University landed the #8 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Lewis University is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 13 ’s degrees in 2020-2021.

Lewis did well in our major quality rankings, too. It placed #18 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Lewis is $17,336 for Great Lakes Region Business Economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.

Full Lewis Business Economics Report

9
UDayton crest
University of Dayton
Dayton, Ohio

University of Dayton came in at #9 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. UDayton is located in Dayton, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 48 ’s business economics degrees to qualified students.

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 $25,633 for Great Lakes Region Business Economics students whose families make $48-$75k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business Economics at University of Dayton

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 $48-$75k ranking, coming in at #10. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 5 diplomas to qualified ’s business economics students in 2020-2021.

Aquinas College Michigan did well in our major quality rankings, too. It placed #16 on our “Best Business Economics Schools in the Great Lakes Region” list. It costs about $15,306 for Great Lakes Region Business Economics students whose families make $48-$75k 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

Western Illinois University came in at #11 in this year’s edition of the Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Macomb, Illinois, this medium-sized public school handed out 6 diplomas to qualified ’s business economics students in 2020-2021.

It costs about $15,794 for great lakes region business economics students whose families make $48-$75k per year to attend Western Illinois University.

Full Western Illinois University Business Economics Report

12
Bradley crest
Bradley University
Peoria, Illinois

Bradley University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. 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.

In addition to being on our great lakes region business economics students whose families make $48-$75k list, Bradley has also earned the #10 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $23,286 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Bradley.

The low undergrad student loan default rate of 2.5% 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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students.

Full Bradley University Business Economics Report

13

With a ranking of #13, Miami University - Oxford did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Miami University - Oxford is located in Oxford, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 44 ’s business economics degrees to qualified students.

Miami University - Oxford not only placed well in this ranking. It is also #8 on our “Best Business Economics Schools in the Great Lakes Region” list. The yearly cost to attend Miami University - Oxford is $23,513 for great lakes region business economics students whose families make $48-$75k.

With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 4.0% 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 Miami University - Oxford

14
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University ranked #14 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Ypsilanti, Michigan, and it awarded 5 ’s business economics degrees in 2020-2021.

It costs about $14,547 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Eastern Michigan University.

Read more about Business Economics at Eastern Michigan University

15

With a ranking of #15, Wright State University - Main Campus did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Wright State University - Main Campus is located in Dayton, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 18 ’s business economics degrees to qualified students.

The estimated yearly cost for Wright State University - Main Campus is $16,871 for great lakes region business economics students whose families make $48-$75k.

Read more about Business Economics at Wright State University - Main Campus

16

Cleveland State University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #16. This fairly large school is located in Cleveland, Ohio, and it awarded 12 ’s business economics 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 $18,468 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Cleveland State University.

Read more about Business Economics at Cleveland State University

17
Cedarville crest
Cedarville University
Cedarville, Ohio

Cedarville University landed the #17 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Cedarville is located in Cedarville, Ohio and, has a small student population. In 2020-2021, this school awarded 3 ’s business economics degrees to qualified students.

Cedarville also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #19. The yearly cost to attend Cedarville is $19,056 for great lakes region business economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 1.7%, 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 Cedarville University

18
Hope crest
Hope College
Holland, Michigan

Hope College ranked #18 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Hope College is located in Holland, Michigan and, has a small student population. In 2020-2021, this school awarded 5 ’s business economics degrees to qualified students.

As a testament to the quality of education offered at Hope, the school also landed the #15 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $22,669 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Hope.

With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students. 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%.

Read full report on Business Economics at Hope College

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 $48-$75k ranking. Ohio University - Athens Campus is located in Athens, Ohio and, has a large student population. In 2020-2021, this school awarded 19 ’s business economics degrees to qualified students.

OHIO Athens not only placed well in this ranking. It is also #13 on our “Best Business Economics Schools in the Great Lakes Region” list. It costs about $23,509 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Ohio University - Athens Campus.

Read full report on Business Economics at OHIO Athens

20
Marquette crest
Marquette University
Milwaukee, Wisconsin

With a ranking of #20, Marquette University did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Milwaukee, Wisconsin is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 30 students in 2020-2021.

Marquette also took the #7 spot in our “Best Business Economics Schools in the Great Lakes Region” ranking. It costs about $25,377 for Great Lakes Region Business Economics students whose families make $48-$75k per year to attend Marquette.

With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students. 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%.

Read more about Business Economics at Marquette

21
Capital crest
Capital University
Columbus, Ohio

Capital University landed the #21 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Capital University is a small private not-for-profit school situated in Columbus, Ohio. It awarded 6 ’s business economics degrees in 2020-2021.

Capital also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #17. It costs about $19,203 for great lakes region business economics students whose families make $48-$75k per year to attend Capital.

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%.

Full Capital Business Economics Report

22

Ohio Wesleyan University landed the #22 spot on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking. Ohio Wesleyan University is a small school located in Delaware, Ohio that handed out 3 ’s business economics degrees in 2020-2021.

OWU not only placed well in this ranking. It is also #14 on our “Best Business Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Ohio Wesleyan University is $21,275 for great lakes region business economics students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full OWU Business Economics Report

23
Northwood crest
Northwood University
Midland, Michigan

Northwood University ranked #23 on this year’s Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. Northwood is a small school located in Midland, Michigan that handed out 5 ’s business economics degrees in 2020-2021.

Northwood also made our “Best Business Economics Schools in the Great Lakes Region” list, coming in at #21. The yearly cost to attend Northwood is $19,573 for Great Lakes Region Business Economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Business Economics at Northwood University

24
Carroll U crest
Carroll University
Waukesha, Wisconsin

With a ranking of #24, Carroll University did quite well on the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k list. This small school is located in Waukesha, Wisconsin, and it awarded 4 ’s business economics degrees in 2020-2021.

In addition to being on our great lakes region business economics students whose families make $48-$75k list, Carroll U has also earned the #23 rank in our “Best Business Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Carroll U is $22,237 for great lakes region business economics students whose families make $48-$75k.

The undergrad student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.

Full Carroll U Business Economics Report

25
DePaul crest
DePaul University
Chicago, Illinois

DePaul University did quite well in the 2023 Best Value Business Economics Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #25. 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 yearly cost to attend DePaul is $28,577 for Great Lakes Region Business Economics students whose families make $48-$75k.

The low undergrad student loan default rate of 3.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Business Economics at DePaul University

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