2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking is part of that endeavor.
In 2019-2020, 6,169 people earned their degree in business economics, making the major the 121st most popular in the United States.
Across the Great Lakes region, there were 687 business economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 633 business economics graduates with average earnings and debt of $39,075 and $25,381 respectively.
For this year’s “Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 31 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. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” list, to help you choose the best school for you.
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Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid
The colleges and universities below are the best for great lakes region bachelor’s degree business economics students with aid.
Top 25 Best Value Bachelor’s Degree Colleges for Business Economics in the Great Lakes Region (With Aid)
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #1 on our 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Ohio State University - Main Campus is a large public school situated in Columbus, Ohio. It awarded 91 bachelors’s business economics degrees in 2019-2020.
Ohio State also took the #2 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State is $17,616 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
The low student loan default rate of 4.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. 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 Economics at Ohio State University - Main Campus
Out of the 31 schools in the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #2 spot on the list. Located in Edwardsville, Illinois, this fairly large public school awarded 34 diplomas to qualified bachelors’s business economics students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business economics students with aid list, SIUE has also earned the #16 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $14,423 for great lakes region bachelor’s degree business economics students with aid per year to attend SIUE.
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #3 for the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Grand Valley State University is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 55 bachelors’s business economics degrees to qualified students.
GVSU also took the #9 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $17,646 for Great Lakes Region Bachelor’s Degree Business Economics students with aid per year to attend Grand Valley State University.
The low 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 Grand Valley State University
You’ll be in good company if you decide to attend Oakland University. It ranked #4 on our 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Oakland is a fairly large public school situated in Rochester Hills, Michigan. It awarded 4 bachelors’s business economics degrees in 2019-2020.
Oakland did well in our major quality rankings, too. It placed #19 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Oakland is $11,802 for great lakes region bachelor’s degree business economics students with aid.
Out of the 31 schools in the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Youngstown State University landed the #5 spot on the list. Youngstown State University is a public institution located in Youngstown, Ohio. The school has a fairly large population, and it awarded 3 bachelors’s degrees in 2019-2020.
It costs about $11,947 for Great Lakes Region Bachelor’s Degree Business Economics students with aid per year to attend Youngstown State University.
Read full report on Business Economics at Youngstown State University
Wright State University - Main Campus landed the #6 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Wright State University - Main Campus is a fairly large school located in Dayton, Ohio that handed out 24 bachelors’s business economics degrees in 2019-2020.
Wright State University - Main Campus also took the #25 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Wright State University - Main Campus is $16,823 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
Full Wright State University - Main Campus Business Economics Report
Saginaw Valley State University came in at #7 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in University Center, Michigan, this medium-sized public school awarded 6 degrees to qualified bachelors’s business economics students in 2019-2020.
The estimated yearly cost for Saginaw Valley State University is $14,248 for great lakes region bachelor’s degree business economics students with aid.
Read full report on Business Economics at Saginaw Valley State University
Western Illinois University came in at #8 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business economics degrees to 4 students in 2019-2020.
WIU also took the #24 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Western Illinois University is $16,210 for great lakes region bachelor’s degree business economics students with aid.
Southern Illinois University Carbondale did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #9. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business economics degrees to 5 students in 2019-2020.
SIUC not only placed well in this ranking. It is also #23 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend SIUC is $16,945 for great lakes region bachelor’s degree business economics students with aid.
Full Southern Illinois University Carbondale Business Economics Report
With a ranking of #10, Eastern Michigan University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Located in Ypsilanti, Michigan, this fairly large public school awarded 4 degrees to qualified bachelors’s business economics students in 2019-2020.
The estimated yearly cost for Eastern Michigan is $15,924 for great lakes region bachelor’s degree business economics students with aid.
With a ranking of #11, Cleveland State University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Cleveland State University is a fairly large public school situated in Cleveland, Ohio. It awarded 13 bachelors’s business economics degrees in 2019-2020.
The estimated yearly cost for Cleveland State University is $17,278 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
Read more about Business Economics at Cleveland State University
With a ranking of #12, Lewis University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. This medium-sized school is located in Romeoville, Illinois, and it awarded 11 bachelors’s business economics degrees in 2019-2020.
Lewis also took the #15 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Lewis University is $18,664 for great lakes region bachelor’s degree business economics students with aid.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Wheaton College Illinois landed the #13 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Wheaton, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business economics degrees to 66 students in 2019-2020.
Wheaton College Illinois not only placed well in this ranking. It is also #1 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Wheaton College Illinois is $25,358 for great lakes region bachelor’s degree business economics students with aid.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The low student loan default rate of 0.7% 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 Wheaton College Illinois
Miami University - Oxford did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #14. Miami University - Oxford is a public institution located in Oxford, Ohio. The school has a fairly large population, and it awarded 44 bachelors’s degrees in 2019-2020.
Miami University - Oxford also made our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #6. The estimated yearly cost for Miami University - Oxford is $24,323 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
With a ranking of #15, Capital University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. This small school is located in Columbus, Ohio, and it awarded 12 bachelors’s business economics degrees in 2019-2020.
As a testament to the quality of education offered at Capital, the school also landed the #20 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $22,642 for Great Lakes Region Bachelor’s Degree Business Economics students with aid per year to attend Capital University.
The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
Kent State University at Kent ranked #16 on this year’s Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Kent State is located in Kent, Ohio and, has a large student population. In 2019-2020, this school awarded 2 bachelors’s business economics degrees to qualified students.
The yearly cost to attend Kent State is $18,885 for great lakes region bachelor’s degree business economics students with aid.
Beloit College ranked #17 on this year’s Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Beloit College is located in Beloit, Wisconsin and, has a small student population. In 2019-2020, this school awarded 20 bachelors’s business economics degrees to qualified students.
As a testament to the quality of education offered at Beloit, the school also landed the #8 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $11,433 for great lakes region bachelor’s degree business economics students with aid per year to attend Beloit College.
The impressive 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. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.
University of Indianapolis landed the #18 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. UIndy is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 2 bachelors’s degrees in 2019-2020.
The estimated yearly cost for University of Indianapolis is $20,512 for great lakes region bachelor’s degree business economics students with aid.
Read full report on Business Economics at University of Indianapolis
Northwood University landed the #19 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. This small school is located in Midland, Michigan, and it awarded 1 bachelors’s business economics degrees in 2019-2020.
Northwood also took the #21 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwood is $21,618 for great lakes region bachelor’s degree business economics students with aid.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Business Economics at Northwood University
Bradley University landed the #20 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Bradley is a medium-sized school located in Peoria, Illinois that handed out 6 bachelors’s business economics degrees in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #10 on our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Bradley University is $25,634 for great lakes region bachelor’s degree business economics students with aid.
The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Carroll University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #21. Waukesha, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business economics degrees to 1 students in 2019-2020.
As a testament to the quality of education offered at Carroll U, the school also landed the #17 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Carroll University is $23,355 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
The low student loan default rate of 3.2% 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%.
With a ranking of #22, Cedarville University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Cedarville University is a private not-for-profit institution located in Cedarville, Ohio. The school has a small population, and it awarded 5 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business economics students with aid list, Cedarville has also earned the #14 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Cedarville is $21,727 for great lakes region bachelor’s degree business economics students with aid.
The low 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%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.
Ohio University - Athens Campus did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #23. Ohio University - Athens Campus is a large school located in Athens, Ohio that handed out 17 bachelors’s business economics degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree business economics students with aid list, OHIO Athens has also earned the #18 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio University - Athens Campus is $22,906 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
Read full report on Business Economics at Ohio University - Athens Campus
Ohio Wesleyan University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #24. OWU is located in Delaware, Ohio and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s business economics degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree business economics students with aid list, OWU has also earned the #12 rank in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio Wesleyan University is $25,294 for great lakes region bachelor’s degree business economics students with aid.
The impressive 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 impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Read more about Business Economics at Ohio Wesleyan University
Hope College ranked #25 on this year’s Best Value Business Economics Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Hope is located in Holland, Michigan and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s business economics degrees to qualified students.
Hope also took the #7 spot in our “Best Business Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Hope College is $26,562 for Great Lakes Region Bachelor’s Degree Business Economics students with aid.
The low student loan default rate of 2.1% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
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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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