2022 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $0-$30k) in the Great Lakes Region
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking.
Business/Managerial Economics is the 110th most popular major in the country with 6,169 degrees awarded in 2019-2020. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.
Across the Great Lakes region, there were 687 business/managerial economics graduates with average earnings and debt of $48,920 and $23,454 respectively. At the bachelor’s degree level specifically, there were 633 business/managerial economics graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 31 colleges that offer degrees in a bachelor’s in business/managerial economics. Not only do the schools that top this list have excellent business/managerial economics 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/managerial economics program at the school. Check out our ranking methodology for more information.
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Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
The following schools top our list of the Best Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $0-$30k) in the Great Lakes Region
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #1 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Columbus, Ohio, this large public school awarded 91 diplomas to qualified bachelors’s managerial economics students in 2019-2020.
Ohio State not only placed well in this ranking. It is also #2 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $8,194 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k per year to attend Ohio State University - Main Campus.
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 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%.
Full Ohio State University - Main Campus Business/Managerial Economics Report
You’ll join some of the best and brightest minds around if you attend Beloit College. The school came in at #2 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Beloit College is a small school located in Beloit, Wisconsin that handed out 20 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at Beloit, the school also landed the #8 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Beloit is $8,574 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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. 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%.
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #3 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 34 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at SIUE, the school also landed the #16 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for SIUE is $8,055 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
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 Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. This large school is located in Allendale, Michigan, and it awarded 55 bachelors’s managerial economics degrees in 2019-2020.
GVSU also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #9. It costs about $11,578 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k per year to attend GVSU.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #5 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 4 students in 2019-2020.
Oakland also took the #19 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Oakland University is $7,490 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
Read full report on Business/Managerial Economics at Oakland
Wheaton College Illinois ranked #6 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Wheaton College Illinois is a small private not-for-profit school situated in Wheaton, Illinois. It awarded 66 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at Wheaton College Illinois, the school also landed the #1 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $18,440 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k per year to attend Wheaton College Illinois.
The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. 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 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 Wheaton College Illinois Business/Managerial Economics Report
Miami University - Oxford did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. Miami University - Oxford is a fairly large public school situated in Oxford, Ohio. It awarded 44 bachelors’s managerial economics degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree managerial economics students whose families make $0-$30k list, Miami University - Oxford has also earned the #6 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Miami University - Oxford is $13,759 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Full Miami University - Oxford Business/Managerial Economics Report
With a ranking of #8, Saginaw Valley State University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 6 bachelors’s managerial economics degrees to qualified students.
It costs about $10,522 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k per year to attend Saginaw Valley State University.
Read more about Business/Managerial Economics at Saginaw Valley State University
Youngstown State University came in at #9 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Youngstown State University is located in Youngstown, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 3 bachelors’s managerial economics degrees to qualified students.
It costs about $9,069 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k per year to attend Youngstown State University.
Read more about Business/Managerial Economics at Youngstown State University
With a ranking of #10, Lewis University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Lewis is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 11 bachelors’s managerial economics degrees in 2019-2020.
Lewis also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #15. The estimated yearly cost for Lewis is $12,821 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
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%.
Southern Illinois University Carbondale did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #11. Southern Illinois University Carbondale is a fairly large public school situated in Carbondale, Illinois. It awarded 5 bachelors’s managerial economics degrees in 2019-2020.
SIUC also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #23. The estimated yearly cost for Southern Illinois University Carbondale is $13,658 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
Read full report on Business/Managerial Economics at Southern Illinois University Carbondale
Wright State University - Main Campus did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #12. Wright State University - Main Campus is a fairly large public school situated in Dayton, Ohio. It awarded 24 bachelors’s managerial economics degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree managerial economics students whose families make $0-$30k list, Wright State University - Main Campus has also earned the #25 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Wright State University - Main Campus is $13,460 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
Read more about Business/Managerial Economics at Wright State University - Main Campus
Marquette University landed the #13 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Milwaukee, Wisconsin, this fairly large private not-for-profit school awarded 27 degrees to qualified bachelors’s managerial economics students in 2019-2020.
As a testament to the quality of education offered at Marquette, the school also landed the #3 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Marquette University is $19,169 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
The 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 more about Business/Managerial Economics at Marquette University
With a ranking of #14, Hope College did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Hope is located in Holland, Michigan and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s managerial economics degrees to qualified students.
Hope also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #7. It costs about $16,113 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k per year to attend Hope.
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%.
Read more about Business/Managerial Economics at Hope College
Western Illinois University came in at #15 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 4 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at WIU, the school also landed the #24 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $13,942 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k per year to attend Western Illinois University.
Bradley University landed the #16 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This medium-sized school is located in Peoria, Illinois, and it awarded 6 bachelors’s managerial economics degrees in 2019-2020.
Bradley also took the #10 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Bradley University is $17,205 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #17, Cedarville University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Cedarville is a small school located in Cedarville, Ohio that handed out 5 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at Cedarville, the school also landed the #14 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Cedarville University is $16,897 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
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 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%.
Read more about Business/Managerial Economics at Cedarville University
University of Dayton landed the #18 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This fairly large school is located in Dayton, Ohio, and it awarded 31 bachelors’s managerial economics degrees in 2019-2020.
UDayton not only placed well in this ranking. It is also #4 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $24,237 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k per year to attend University of Dayton.
The low 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Read more about Business/Managerial Economics at University of Dayton
Eastern Michigan University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #19. Eastern Michigan is a fairly large school located in Ypsilanti, Michigan that handed out 4 bachelors’s managerial economics degrees in 2019-2020.
The estimated yearly cost for Eastern Michigan University is $13,904 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
Kent State University at Kent did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #20. Kent, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 2 students in 2019-2020.
The yearly cost to attend Kent State University at Kent is $13,915 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
Read full report on Business/Managerial Economics at Kent State
Cleveland State University landed the #21 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This fairly large school is located in Cleveland, Ohio, and it awarded 13 bachelors’s managerial economics degrees in 2019-2020.
The estimated yearly cost for Cleveland State University is $14,213 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
Read full report on Business/Managerial Economics at Cleveland State University
University of Indianapolis ranked #22 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. UIndy is a medium-sized school located in Indianapolis, Indiana that handed out 2 bachelors’s managerial economics degrees in 2019-2020.
The yearly cost to attend University of Indianapolis is $16,185 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
Northwood University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #23. Located in Midland, Michigan, this small private not-for-profit school awarded 1 diplomas to qualified bachelors’s managerial economics students in 2019-2020.
As a testament to the quality of education offered at Northwood, the school also landed the #21 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwood is $14,573 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
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/Managerial Economics at Northwood University
Carroll University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #24. Carroll University is located in Waukesha, Wisconsin and, has a small student population. In 2019-2020, this school awarded 1 bachelors’s managerial economics degrees to qualified students.
Carroll U did well in our major quality rankings, too. It placed #17 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Carroll University is $19,900 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $0-$30k.
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%.
Ohio University - Athens Campus landed the #25 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Athens, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 17 students in 2019-2020.
OHIO Athens did well in our major quality rankings, too. It placed #18 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend OHIO Athens is $17,584 for great lakes region bachelor’s degree managerial economics students whose families make $0-$30k.
Full Ohio University - Athens Campus Business/Managerial Economics Report
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Best Business/Managerial Economics Bachelor's Degree Schools in the Great Lakes Region
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Business/Managerial Economics students with family income less than $30k in the Great Lakes Region
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Business/Managerial Economics students with family income $75-$110k in the Great Lakes Region
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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