2022 Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $0-$30k) in the Great Lakes Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking - to help you make that decision.

In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. 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 master’s degree level specifically, there were 13 business/managerial economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in business/managerial economics. The schools that top this list are recognized because they have great business/managerial economics programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the business/managerial economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Managerial Economics Schools for a Master’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 Master’s in the Great Lakes Region For Those Making $0-$30k.

Top 3 Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $0-$30k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Northwestern University is a large school located in Evanston, Illinois that handed out 5 masters’s managerial economics degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Business/Managerial Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $56,567.

Read more about Business/Managerial Economics at Northwestern

#2

Kent State University at Kent

Kent, Ohio

$21,952 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Kent State University at Kent landed the #2 spot on the list. Kent State University at Kent is a large public school situated in Kent, Ohio. It awarded 1 masters’s managerial economics degrees in 2019-2020.

Kent State also took the #0 spot in our “Best Business/Managerial Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Kent State are $21,952, but some majors have different tuition rates.

Full Kent State University at Kent Business/Managerial Economics Report

#3

Xavier University

Cincinnati, Ohio

#2 in overall quality

$12,076 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Xavier University. It ranked #3 on our 2022 Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Cincinnati, Ohio is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s managerial economics degrees to 7 students in 2019-2020.

Xavier not only placed well in this ranking. It is also #2 on our “Best Business/Managerial Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Xavier University are $12,076, but you may pay more or less depending on your major.

Read more about Business/Managerial Economics at Xavier

• Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $0-$30k)

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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