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2023 Best Value Colleges for Business/Managerial Economics (Income $30-$48k) in the Great Lakes Region

28 Ranked Colleges
642 Degrees Awarded
$15,600 Avg Net Price*
Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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.

For this year’s “Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 28 colleges that offer a degree 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. For more information, check out our ranking methodology.

More Ways to Rank Business/Managerial Economics Schools

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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 Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k

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

Top 25 Best Value Colleges for Business/Managerial Economics (Income $30-$48k) 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 $30-$48k. Northwestern is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 49 ’s managerial economics degrees to qualified students.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. It costs about $917 for Great Lakes Region Managerial Economics students whose families make $30-$48k per year to attend Northwestern University.

With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Business/Managerial Economics at Northwestern

2

Out of the 28 schools in the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Ohio State University - Main Campus landed the #2 spot on the list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 78 ’s degrees in 2020-2021.

Ohio State also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #2. The estimated yearly cost for Ohio State University - Main Campus is $8,581 for Great Lakes Region Managerial Economics students whose families make $30-$48k.

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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Read full report on Business/Managerial Economics at Ohio State

3
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Oakland University
Rochester Hills, Michigan

Out of the 28 schools in the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Oakland University landed the #3 spot on the list. Located in Rochester Hills, Michigan, this fairly large public school handed out 6 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 $30-$48k list, Oakland has also earned the #12 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland University is $8,839 for great lakes region managerial economics students whose families make $30-$48k.

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
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Grand Valley State University
Allendale, Michigan

You’ll be in good company if you decide to attend Grand Valley State University. It ranked #4 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. GVSU is a large public school situated in Allendale, Michigan. It awarded 45 ’s managerial economics 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. It costs about $11,026 for great lakes region managerial economics students whose families make $30-$48k per year to attend Grand Valley State University.

The school has an impressive undergrad student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

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

5
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois

You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #5 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. This small school is located in Wheaton, Illinois, and it awarded 65 ’s managerial economics degrees in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $30-$48k list, Wheaton College Illinois has also earned the #3 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Wheaton College Illinois is $18,519 for great lakes region managerial economics students whose families make $30-$48k.

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. The low undergrad student loan default rate of 0.5% 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 90%, which means students like the school well enough to return for a second year.

Read more about Business/Managerial Economics at Wheaton College Illinois

6

With a ranking of #6, Southern Illinois University Edwardsville did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. 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.

As a testament to the quality of education offered at SIUE, the school also landed the #25 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for SIUE is $8,825 for Great Lakes Region Managerial Economics students whose families make $30-$48k.

Read full report on Business/Managerial Economics at Southern Illinois University Edwardsville

7
Saginaw Valley State University crest
Saginaw Valley State University
University Center, Michigan

Saginaw Valley State University landed the #7 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Saginaw Valley State University is a public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 6 ’s degrees in 2020-2021.

Saginaw Valley State University also took the #20 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Saginaw Valley State University is $11,674 for great lakes region managerial economics students whose families make $30-$48k.

The low undergrad student loan default rate of 4.8% 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 Saginaw Valley State University Business/Managerial Economics Report

8

Miami University - Oxford ranked #8 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Oxford, Ohio is the setting for this fairly large institution of higher learning. The public school handed out ’s managerial economics degrees to 44 students in 2020-2021.

In addition to being on our great lakes region managerial economics students whose families make $30-$48k list, Miami University - Oxford has also earned the #8 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $16,062 for great lakes region managerial economics students whose families make $30-$48k per year to attend Miami University - Oxford.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. 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%.

Full Miami University - Oxford Business/Managerial Economics Report

9
Lewis crest
Lewis University
Romeoville, Illinois

Lewis University landed the #9 spot on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Lewis University is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 13 ’s managerial economics degrees in 2020-2021.

As a testament to the quality of education offered at Lewis, the school also landed the #18 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Lewis University is $15,348 for Great Lakes Region Managerial Economics students whose families make $30-$48k.

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%.

Full Lewis University Business/Managerial Economics Report

10
Aquinas College Michigan crest
Aquinas College Michigan
Grand Rapids, Michigan

Aquinas College Michigan ranked #10 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Aquinas College Michigan is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 5 ’s managerial economics degrees in 2020-2021.

Aquinas College Michigan also took the #16 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $16,735 for great lakes region managerial economics students whose families make $30-$48k per year to attend Aquinas College Michigan.

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 Aquinas College Michigan

11
Bradley crest
Bradley University
Peoria, Illinois

Bradley University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #11. Bradley is located in Peoria, Illinois and, has a medium-sized student population. In 2020-2021, this school awarded 10 ’s managerial economics degrees to qualified students.

Bradley also took the #10 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Bradley is $17,753 for great lakes region managerial economics students whose families make $30-$48k.

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.

Full Bradley Business/Managerial Economics Report

12
Northwood crest
Northwood University
Midland, Michigan

With a ranking of #12, Northwood University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Northwood University is a small private not-for-profit school situated in Midland, Michigan. It awarded 5 ’s managerial economics degrees in 2020-2021.

Northwood also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #21. It costs about $15,273 for great lakes region managerial economics students whose families make $30-$48k per year to attend Northwood University.

The impressive undergraduate 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. The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.

Full Northwood Business/Managerial Economics Report

13

Cleveland State University ranked #13 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Cleveland State University is located in Cleveland, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 12 ’s managerial economics degrees to qualified students.

Cleveland State University not only placed well in this ranking. It is also #22 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The estimated yearly cost for Cleveland State University is $14,813 for Great Lakes Region Managerial Economics students whose families make $30-$48k.

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

14
Marquette crest
Marquette University
Milwaukee, Wisconsin

Marquette University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #14. Marquette University is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 30 ’s degrees in 2020-2021.

Marquette not only placed well in this ranking. It is also #7 on our “Best Business/Managerial Economics Schools in the Great Lakes Region” list. The yearly cost to attend Marquette is $21,378 for great lakes region 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 88%. The undergrad student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at Marquette University

15

With a ranking of #15, Western Illinois University did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Macomb, Illinois, this medium-sized public school awarded 6 diplomas to qualified ’s managerial economics students in 2020-2021.

The yearly cost to attend Western Illinois University is $12,112 for Great Lakes Region Managerial Economics students whose families make $30-$48k.

Full Western Illinois University Business/Managerial Economics Report

16
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University ranked #16 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 5 ’s managerial economics degrees in 2020-2021.

The yearly cost to attend Eastern Michigan is $13,265 for great lakes region managerial economics students whose families make $30-$48k.

Read more about Business/Managerial Economics at Eastern Michigan 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 $30-$48k ranking. Wright State University - Main Campus is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 18 ’s degrees in 2020-2021.

The yearly cost to attend Wright State University - Main Campus is $13,747 for great lakes region managerial economics students whose families make $30-$48k.

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

18
Cedarville crest
Cedarville University
Cedarville, Ohio

Cedarville University did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #18. This small school is located in Cedarville, Ohio, and 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 $18,961 for great lakes region managerial economics students whose families make $30-$48k.

The low undergrad student loan default rate of 1.7% 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%. 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 Cedarville University

19

With a ranking of #19, Ohio University - Athens Campus did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Ohio University - Athens Campus is located in Athens, Ohio and, has a large student population. In 2020-2021, this school awarded 19 ’s managerial economics degrees to qualified students.

OHIO Athens also made our “Best Business/Managerial Economics Schools in the Great Lakes Region” list, coming in at #13. The estimated yearly cost for OHIO Athens is $18,991 for great lakes region managerial economics students whose families make $30-$48k.

Read more about Business/Managerial Economics at OHIO Athens

20
UDayton crest
University of Dayton
Dayton, Ohio

University of Dayton did quite well in the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #20. University of Dayton is a fairly large school located in Dayton, Ohio that handed out 48 ’s managerial economics degrees in 2020-2021.

As a testament to the quality of education offered at UDayton, the school also landed the #4 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $20,992 for Great Lakes Region Managerial Economics students whose families make $30-$48k per year to attend UDayton.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The low undergrad student loan default rate of 1.4% 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 UDayton Business/Managerial Economics Report

21
Hope crest
Hope College
Holland, Michigan

With a ranking of #21, Hope College did quite well on the 2023 Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Hope College is located in Holland, Michigan and, has a small student population. In 2020-2021, this school awarded 5 ’s managerial economics degrees to qualified students.

In addition to being on our great lakes region managerial economics students whose families make $30-$48k list, Hope has also earned the #15 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $18,994 for great lakes region managerial economics students whose families make $30-$48k 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 College

22
Capital crest
Capital University
Columbus, Ohio

Capital University came in at #22 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Capital is a private not-for-profit institution located in Columbus, Ohio. The school has a small population, and it awarded 6 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Capital, the school also landed the #17 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $21,198 for Great Lakes Region Managerial Economics students whose families make $30-$48k per year to attend Capital.

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 full report on Business/Managerial Economics at Capital University

23

Ohio Wesleyan University came in at #23 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k ranking. Ohio Wesleyan University is a small school located in Delaware, Ohio that handed out 3 ’s managerial economics degrees in 2020-2021.

OWU also took the #14 spot in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio Wesleyan University is $21,323 for great lakes region managerial economics students whose families make $30-$48k.

With a undergrad 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 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%.

Read more about Business/Managerial Economics at Ohio Wesleyan University

24
DePaul crest
DePaul University
Chicago, Illinois

DePaul University ranked #24 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. This large school is located in Chicago, Illinois, and 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 $27,252 for Great Lakes Region Managerial Economics students whose families make $30-$48k per year to attend DePaul University.

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 full report on Business/Managerial Economics at DePaul University

25
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Carroll University
Waukesha, Wisconsin

Carroll University ranked #25 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region For Those Making $30-$48k list. Carroll U is located in Waukesha, Wisconsin and, has a small student population. In 2020-2021, this school awarded 4 ’s managerial economics degrees to qualified students.

In addition to being on our great lakes region managerial economics students whose families make $30-$48k list, Carroll U has also earned the #23 rank in our “Best Business/Managerial Economics Schools in the Great Lakes Region” ranking. It costs about $18,414 for great lakes region managerial economics students whose families make $30-$48k per year to attend Carroll U.

The low undergrad student loan default rate of 2.3% 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%.

Read full report on Business/Managerial Economics at Carroll University

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