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2023 Best Value Colleges for Business/Managerial Economics (Income $0-$30k) in the Great Lakes Region

28 Ranked Colleges
642 Degrees Awarded
$14,800 Avg Net Price*
Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k” ranking is part of that endeavor.

Business/Managerial Economics is the 119th most popular major in the country with 5,667 degrees awarded in 2020-2021. In 2019-2020, business/managerial economics graduates who were awarded their degree in 2017-2019, earned an average of $47,707 and had an average of $21,691 in loans still to pay off.

Across the Great Lakes region, there were 642 business/managerial economics graduates with average earnings and debt of $47,740 and $22,514 respectively.

This year’s “Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k” ranking looked at 28 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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The managerial economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most 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 Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k

The colleges and universities below are the best for great lakes region managerial economics students whose families make $0-$30k.

Top 25 Best Value Colleges for Business/Managerial Economics (Income $0-$30k) 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 Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k. Northwestern 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/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Northwestern is $245 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. 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%. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Business/Managerial Economics at Northwestern University

2

Out of the 28 schools in the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Ohio State University - Main Campus landed the #2 spot on the list. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 78 ’s managerial economics degrees in 2020-2021.

Ohio State also took the #2 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State is $7,068 for great lakes region managerial economics students whose families make $0-$30k.

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 undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business/Managerial Economics at Ohio State University - Main Campus

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 Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. This fairly large school is located in Rochester Hills, Michigan, and it awarded 6 ’s managerial economics degrees in 2020-2021.

Oakland also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #12. The estimated yearly cost for Oakland is $8,949 for great lakes region managerial economics students whose families make $0-$30k.

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%.

Read more about Business/Managerial Economics at Oakland

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 Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k. GVSU is a public institution located in Allendale, Michigan. The school has a large population, and it awarded 45 ’s degrees in 2020-2021.

As a testament to the quality of education offered at GVSU, the school also landed the #11 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Grand Valley State University is $10,259 for great lakes region managerial economics students whose families make $0-$30k.

The undergrad student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Full Grand Valley State University Business/Managerial Economics Report

5

You’ll be in good company if you decide to attend Miami University - Oxford. It ranked #5 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. This fairly large school is located in Oxford, Ohio, and it awarded 44 ’s managerial economics degrees in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $0-$30k list, Miami University - Oxford has also earned the #8 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Miami University - Oxford is $13,956 for Great Lakes Region 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 undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at Miami University - Oxford

6

Southern Illinois University Edwardsville landed the #6 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s managerial economics degrees to 16 students in 2020-2021.

SIUE did well in our major quality rankings, too. It placed #25 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Southern Illinois University Edwardsville is $8,047 for great lakes region managerial economics students whose families make $0-$30k.

Read more about Business/Managerial Economics at SIUE

7
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois

Wheaton College Illinois did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 65 ’s degrees in 2020-2021.

Wheaton College Illinois also took the #3 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $15,933 for Great Lakes Region Managerial Economics students whose families make $0-$30k per year to attend Wheaton College Illinois.

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%. 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. With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students.

Read more about Business/Managerial Economics at Wheaton College Illinois

8
Saginaw Valley State University crest
Saginaw Valley State University
University Center, Michigan

Saginaw Valley State University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #8. Saginaw Valley State University is a medium-sized school located in University Center, Michigan that handed out 6 ’s managerial economics degrees in 2020-2021.

Saginaw Valley State University also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #20. It costs about $10,424 for Great Lakes Region Managerial Economics students whose families make $0-$30k per year to attend Saginaw Valley State University.

The undergrad student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at Saginaw Valley State University

9
Bradley crest
Bradley University
Peoria, Illinois

With a ranking of #9, Bradley University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Bradley is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 10 ’s managerial economics degrees in 2020-2021.

Bradley did well in our major quality rankings, too. It placed #10 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $16,588 for Great Lakes Region Managerial Economics students whose families make $0-$30k 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.

Read more about Business/Managerial Economics at Bradley

10
Lewis crest
Lewis University
Romeoville, Illinois

Lewis University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #10. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 13 diplomas to qualified ’s managerial economics students in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $0-$30k list, Lewis has also earned the #18 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $13,284 for great lakes region managerial economics students whose families make $0-$30k per year to attend Lewis.

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/Managerial Economics at Lewis University

11
Aquinas College Michigan crest
Aquinas College Michigan
Grand Rapids, Michigan

Aquinas College Michigan did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #11. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s managerial economics degrees to 5 students in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $0-$30k list, Aquinas College Michigan has also earned the #16 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Aquinas College Michigan is $12,825 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

The school has an impressive undergrad student loan default rate. It’s only 4.1%, which is much lower than the national rate of 10.1%.

Read full report on Business/Managerial Economics at Aquinas College Michigan

12
Marquette crest
Marquette University
Milwaukee, Wisconsin

Marquette University ranked #12 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Marquette is located in Milwaukee, Wisconsin and, has a fairly large student population. In 2020-2021, this school awarded 30 ’s managerial economics degrees to qualified students.

As a testament to the quality of education offered at Marquette, the school also landed the #7 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $18,589 for Great Lakes Region Managerial Economics students whose families make $0-$30k per year to attend Marquette.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The low undergrad student loan default rate of 1.5% 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%.

Read full report on Business/Managerial Economics at Marquette

13

Ohio University - Athens Campus did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #13. OHIO Athens is a large school located in Athens, Ohio that handed out 19 ’s managerial economics degrees in 2020-2021.

OHIO Athens not only placed well in this ranking. It is also #13 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Ohio University - Athens Campus is $17,614 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

Read more about Business/Managerial Economics at OHIO Athens

14

Cleveland State University landed the #14 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking. This fairly large school is located in Cleveland, Ohio, and it awarded 12 ’s managerial economics degrees in 2020-2021.

As a testament to the quality of education offered at Cleveland State University, the school also landed the #22 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Cleveland State University is $13,272 for great lakes region managerial economics students whose families make $0-$30k.

Read more about Business/Managerial Economics at Cleveland State University

15
Hope crest
Hope College
Holland, Michigan

Hope College did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #15. This small school is located in Holland, Michigan, and it awarded 5 ’s managerial economics degrees in 2020-2021.

Hope also took the #15 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $17,553 for Great Lakes Region Managerial Economics students whose families make $0-$30k per year to attend Hope.

The undergrad student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 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

16
Northwood crest
Northwood University
Midland, Michigan

With a ranking of #16, Northwood University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Northwood is a small private not-for-profit school situated in Midland, Michigan. It awarded 5 ’s managerial economics degrees in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $0-$30k list, Northwood has also earned the #21 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwood University is $15,303 for great lakes region managerial economics students whose families make $0-$30k.

The low undergrad student loan default rate of 4.3% 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%. 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/Managerial Economics at Northwood University

17

Wright State University - Main Campus came in at #17 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking. Dayton, Ohio is the setting for this fairly large institution of higher learning. The public school handed out ’s managerial economics degrees to 18 students in 2020-2021.

The yearly cost to attend Wright State University - Main Campus is $11,980 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

Full Wright State University - Main Campus Business/Managerial Economics Report

18

With a ranking of #18, Western Illinois University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Located in Macomb, Illinois, this medium-sized public school awarded 6 degrees to qualified ’s managerial economics students in 2020-2021.

The estimated yearly cost for Western Illinois University is $12,265 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

Full Western Illinois University Business/Managerial Economics Report

19
UDayton crest
University of Dayton
Dayton, Ohio

University of Dayton ranked #19 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. University of Dayton is a private not-for-profit institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 48 ’s degrees in 2020-2021.

UDayton not only placed well in this ranking. It is also #4 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $19,334 for great lakes region managerial economics students whose families make $0-$30k per year to attend University of Dayton.

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 more about Business/Managerial Economics at University of Dayton

20
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University ranked #20 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s managerial economics degrees to 5 students in 2020-2021.

It costs about $12,465 for great lakes region managerial economics students whose families make $0-$30k per year to attend Eastern Michigan.

Read more about Business/Managerial Economics at Eastern Michigan

21
Cedarville crest
Cedarville University
Cedarville, Ohio

Cedarville University came in at #21 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking. Cedarville University is a small private not-for-profit school situated in Cedarville, Ohio. It awarded 3 ’s managerial economics degrees in 2020-2021.

Cedarville also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #19. The yearly cost to attend Cedarville University is $15,439 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

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/Managerial Economics at Cedarville University

22
Capital crest
Capital University
Columbus, Ohio

Capital University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #22. Capital University is located in Columbus, Ohio and, has a small student population. In 2020-2021, this school awarded 6 ’s managerial economics degrees to qualified students.

Capital not only placed well in this ranking. It is also #17 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Capital is $19,970 for great lakes region managerial economics students whose families make $0-$30k.

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/Managerial Economics at Capital

23
Xavier crest
Xavier University
Cincinnati, Ohio

Xavier University ranked #23 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Located in Cincinnati, Ohio, this medium-sized private not-for-profit school handed out 15 diplomas to qualified ’s managerial economics students in 2020-2021.

Xavier not only placed well in this ranking. It is also #5 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Xavier University is $29,961 for great lakes region managerial economics students whose families make $0-$30k.

The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Full Xavier Business/Managerial Economics Report

24

With a ranking of #24, Ohio Wesleyan University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k list. Located in Delaware, Ohio, this small private not-for-profit school handed out 3 degrees to qualified ’s managerial economics students in 2020-2021.

As a testament to the quality of education offered at OWU, the school also landed the #14 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio Wesleyan University is $22,319 for Great Lakes Region Managerial Economics students whose families make $0-$30k.

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.

Full Ohio Wesleyan University Business/Managerial Economics Report

25
DePaul crest
DePaul University
Chicago, Illinois

DePaul University landed the #25 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $0-$30k ranking. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 35 ’s managerial economics degrees in 2020-2021.

DePaul also took the #6 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $27,123 for Great Lakes Region Managerial Economics students whose families make $0-$30k per year to attend DePaul.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business/Managerial Economics at DePaul University

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