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2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

31 Ranked Colleges
633 Degrees Awarded
$14,800 Avg Net Price*
Best Value Managerial Economics Schools for a Bachelor's in the Great Lakes Region For Those Making $30-$48k

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 Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking - to help you make that decision.

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 $30-$48k” ranking looked at 31 colleges that offer degrees in a bachelor’s in business/managerial economics. This ranking identifies schools with high-quality business/managerial 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/managerial economics program at the school. See our ranking methodology to learn more.

More Ways to Rank Business/Managerial Economics Schools

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 for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

Top 25 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $30-$48k) 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 $30-$48k list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 91 bachelors’s degrees in 2019-2020.

Ohio State also took the #2 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $10,037 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k 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 student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at Ohio State University - Main Campus

#2

Beloit College

Beloit, Wisconsin

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 $30-$48k. Beloit College is a small private not-for-profit school situated in Beloit, Wisconsin. It awarded 20 bachelors’s managerial economics degrees in 2019-2020.

Beloit also took 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 College is $7,628 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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 student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business/Managerial Economics at Beloit

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 $30-$48k list. SIUE is a fairly large public school situated in Edwardsville, Illinois. It awarded 34 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 $30-$48k list, SIUE has also earned the #16 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend SIUE is $9,938 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

Full SIUE Business/Managerial Economics Report

#4

Grand Valley State University

Allendale, Michigan

Out of the 31 schools in the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Grand Valley State University landed the #4 spot on the list. GVSU is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 55 bachelors’s managerial economics degrees to qualified students.

GVSU not only placed well in this ranking. It is also #9 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for GVSU is $12,459 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

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%.

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

#5

Oakland University

Rochester Hills, Michigan
#19 in overall quality

Out of the 31 schools in the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Oakland University landed the #5 spot on the list. This fairly large school is located in Rochester Hills, Michigan, and it awarded 4 bachelors’s managerial economics degrees in 2019-2020.

Oakland also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #19. The estimated yearly cost for Oakland is $7,751 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

Full Oakland Business/Managerial Economics Report

#6

Wheaton College Illinois

Wheaton, Illinois

Wheaton College Illinois came in at #6 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Wheaton, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 66 students in 2019-2020.

Wheaton College Illinois also took the #1 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Wheaton College Illinois is $16,212 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.

Full Wheaton College Illinois Business/Managerial Economics Report

Miami University - Oxford came in at #7 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. 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 $30-$48k 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 $17,692 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

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 Miami University - Oxford

#8

Saginaw Valley State University

University Center, Michigan

Saginaw Valley State University came in at #8 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in University Center, Michigan, this medium-sized public school handed out 6 diplomas to qualified bachelors’s managerial economics students in 2019-2020.

It costs about $11,734 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k per year to attend Saginaw Valley State University.

Read more about Business/Managerial Economics at Saginaw Valley State University

#9

Youngstown State University

Youngstown, Ohio

With a ranking of #9, Youngstown 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 $30-$48k list. Youngstown, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 3 students in 2019-2020.

It costs about $9,784 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k per year to attend Youngstown State University.

Read full report on Business/Managerial Economics at Youngstown State University

#23 in overall quality

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 $30-$48k ranking, coming in at #10. This fairly large school is located in Carbondale, Illinois, and it awarded 5 bachelors’s managerial economics degrees in 2019-2020.

SIUC not only placed well in this ranking. It is also #23 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $14,306 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k per year to attend Southern Illinois University Carbondale.

Read full report on Business/Managerial Economics at SIUC

#11

Western Illinois University

Macomb, Illinois
#24 in overall quality

With a ranking of #11, Western Illinois University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in Macomb, Illinois, this medium-sized public school handed out 4 degrees to qualified bachelors’s managerial economics students in 2019-2020.

In addition to being on our great lakes region bachelor’s degree managerial economics students whose families make $30-$48k list, WIU has also earned the #24 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend WIU is $14,526 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

Read full report on Business/Managerial Economics at WIU

#12

Lewis University

Romeoville, Illinois
#15 in overall quality

Lewis University landed the #12 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Romeoville, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 11 students in 2019-2020.

Lewis not only placed well in this ranking. It is also #15 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Lewis University is $13,377 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

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%.

Read more about Business/Managerial Economics at Lewis

#13

Hope College

Holland, Michigan
#7 in overall quality

Hope College ranked #13 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Hope College is a private not-for-profit institution located in Holland, Michigan. The school has a small population, and it awarded 10 bachelors’s degrees in 2019-2020.

Hope also took the #7 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $17,573 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k per year to attend Hope College.

The student loan default rate at the school is 2.1%, 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 full report on Business/Managerial Economics at Hope College

#25 in overall quality

With a ranking of #14, Wright State University - Main Campus did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in Dayton, Ohio, this fairly large public school handed out 24 degrees to qualified bachelors’s managerial economics students in 2019-2020.

Wright State University - Main Campus did well in our major quality rankings, too. It placed #25 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Wright State University - Main Campus is $14,755 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

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

#15

Bradley University

Peoria, Illinois
#10 in overall quality

Bradley University landed the #15 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Bradley University is a medium-sized school located in Peoria, Illinois that handed out 6 bachelors’s managerial economics degrees in 2019-2020.

As a testament to the quality of education offered at Bradley, the school also landed 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 $18,232 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on Business/Managerial Economics at Bradley University

#16

Eastern Michigan University

Ypsilanti, Michigan

Eastern Michigan University came in at #16 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Ypsilanti, 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.

It costs about $14,136 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k per year to attend Eastern Michigan.

Read full report on Business/Managerial Economics at Eastern Michigan University

#17

Marquette University

Milwaukee, Wisconsin

Marquette University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #17. This fairly large school is located in Milwaukee, Wisconsin, and it awarded 27 bachelors’s managerial economics degrees in 2019-2020.

Marquette also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #3. The estimated yearly cost for Marquette University is $20,955 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

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.

Full Marquette Business/Managerial Economics Report

#18

Northwood University

Midland, Michigan
#21 in overall quality

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 $30-$48k ranking, coming in at #18. Northwood University is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 1 bachelors’s managerial economics degrees to qualified students.

Northwood did well in our major quality rankings, too. It placed #21 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Northwood University is $14,903 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Business/Managerial Economics at Northwood University

#19

University of Indianapolis

Indianapolis, Indiana

University of Indianapolis did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #19. Located in Indianapolis, Indiana, this medium-sized private not-for-profit school handed out 2 degrees to qualified bachelors’s managerial economics students in 2019-2020.

The estimated yearly cost for University of Indianapolis is $15,844 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

Full UIndy Business/Managerial Economics Report

#20

University of Dayton

Dayton, Ohio

University of Dayton did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #20. UDayton is a fairly large school located in Dayton, Ohio that handed out 31 bachelors’s managerial economics degrees in 2019-2020.

UDayton also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #4. The yearly cost to attend University of Dayton is $23,351 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.

Read full report on Business/Managerial Economics at University of Dayton

Kent State University at Kent ranked #21 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Kent State University at Kent is a large school located in Kent, Ohio that handed out 2 bachelors’s managerial economics degrees in 2019-2020.

The estimated yearly cost for Kent State University at Kent is $15,374 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

Read more about Business/Managerial Economics at Kent State

#22

Cleveland State University

Cleveland, Ohio

Cleveland State University came in at #22 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Cleveland State University is a fairly large school located in Cleveland, Ohio that handed out 13 bachelors’s managerial economics degrees in 2019-2020.

The yearly cost to attend Cleveland State University is $14,975 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k.

Full Cleveland State University Business/Managerial Economics Report

#23

Cedarville University

Cedarville, Ohio
#14 in overall quality

Cedarville University landed the #23 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Cedarville, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 5 students in 2019-2020.

Cedarville also took the #14 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Cedarville University is $16,396 for great lakes region bachelor’s degree managerial economics students whose families make $30-$48k.

With a freshman retention rate of 88%, the school does an excellent job of retaining its students. 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 full report on Business/Managerial Economics at Cedarville

#24

Carroll University

Waukesha, Wisconsin
#17 in overall quality

Carroll University landed the #24 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Waukesha, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial 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/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $20,156 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k per year to attend Carroll University.

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%.

Full Carroll University Business/Managerial Economics Report

Ohio University - Athens Campus ranked #25 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. 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 also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #18. It costs about $18,863 for Great Lakes Region Bachelor’s Degree Managerial Economics students whose families make $30-$48k per year to attend OHIO Athens.

Read more about Business/Managerial Economics at OHIO Athens

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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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