2022 Best Value Finance Schools in Michigan For Those Making $0-$30k
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Finance Schools in Michigan For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Finance is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2019-2020, 52,394 degrees were awarded to students with this major.
Across Michigan, there were 1,674 finance graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Finance Schools in Michigan For Those Making $0-$30k” ranking analyzed 25 colleges that offered a degree in finance. This ranking identifies schools with high-quality finance 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 finance program at the school. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Finance Schools in Michigan For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Finance Schools in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Finance Schools in Michigan For Those Making $0-$30k.
Top 25 Best Value Colleges for Finance (Income $0-$30k) in Michigan
You’ll be in good company if you decide to attend Michigan State University. It ranked #1 on our 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k list. Michigan State is a large public school situated in East Lansing, Michigan. It awarded 408 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #1 spot in our “Best Finance Schools in Michigan” ranking. It costs about $6,686 for michigan finance students whose families make $0-$30k per year to attend Michigan State.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The school has an impressive student loan default rate. It’s only 3.6%, 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 Michigan Technological University. The school came in at #2 for the Best Value Finance Schools in Michigan For Those Making $0-$30k. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 19 students in 2019-2020.
Michigan Tech did well in our major quality rankings, too. It placed #4 on our “Best Finance Schools in Michigan” list. The yearly cost to attend Michigan Technological University is $8,295 for Michigan Finance students whose families make $0-$30k.
The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 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 Finance at Michigan Technological University
Out of the 25 schools in the Best Value Finance Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Grand Valley State University landed the #3 spot on the list. This large school is located in Allendale, Michigan, and it awarded 271 ’s finance degrees in 2019-2020.
GVSU not only placed well in this ranking. It is also #2 on our “Best Finance Schools in Michigan” list. It costs about $11,578 for Michigan Finance students whose families make $0-$30k per year to attend Grand Valley State University.
The student loan default rate at the school is 3.7%, 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 Oakland University. It ranked #4 on our 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k list. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 102 ’s finance degrees in 2019-2020.
Oakland also made our “Best Finance Schools in Michigan” list, coming in at #5. The yearly cost to attend Oakland is $7,490 for Michigan Finance students whose families make $0-$30k.
Out of the 25 schools in the Best Value Finance Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Ferris State University landed the #5 spot on the list. This fairly large school is located in Big Rapids, Michigan, and it awarded 10 ’s finance degrees in 2019-2020.
Ferris not only placed well in this ranking. It is also #16 on our “Best Finance Schools in Michigan” list. The yearly cost to attend Ferris State University is $7,207 for Michigan Finance students whose families make $0-$30k.
University of Michigan - Dearborn came in at #6 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. UM Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 91 ’s finance degrees to qualified students.
UM Dearborn also took the #10 spot in our “Best Finance Schools in Michigan” ranking. It costs about $6,751 for Michigan Finance students whose families make $0-$30k per year to attend UM Dearborn.
The low student loan default rate of 4.5% 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%.
University of Michigan - Flint came in at #7 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. University of Michigan - Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 33 ’s finance degrees to qualified students.
UM Flint not only placed well in this ranking. It is also #19 on our “Best Finance Schools in Michigan” list. The yearly cost to attend UM Flint is $7,955 for michigan finance students whose families make $0-$30k.
Central Michigan University ranked #8 on this year’s Best Value Finance Schools in Michigan For Those Making $0-$30k list. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 90 ’s degrees in 2019-2020.
In addition to being on our michigan finance students whose families make $0-$30k list, Central Michigan has also earned the #7 rank in our “Best Finance Schools in Michigan” ranking. It costs about $11,598 for michigan finance students whose families make $0-$30k per year to attend Central Michigan.
Lake Superior State University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking, coming in at #9. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out ’s finance degrees to 10 students in 2019-2020.
Lake Superior State University also took the #21 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Lake Superior State University is $7,067 for michigan finance students whose families make $0-$30k.
Albion College ranked #10 on this year’s Best Value Finance Schools in Michigan For Those Making $0-$30k list. This small school is located in Albion, Michigan, and it awarded 19 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Albion, the school also landed the #11 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Albion is $12,032 for michigan finance students whose families make $0-$30k.
With a ranking of #11, Wayne State University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k list. This large school is located in Detroit, Michigan, and it awarded 140 ’s finance degrees in 2019-2020.
Wayne State also made our “Best Finance Schools in Michigan” list, coming in at #13. The estimated yearly cost for Wayne State is $11,413 for Michigan Finance students whose families make $0-$30k.
Saginaw Valley State University ranked #12 on this year’s Best Value Finance Schools in Michigan For Those Making $0-$30k list. Saginaw Valley State University is a public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 46 ’s degrees in 2019-2020.
Saginaw Valley State University not only placed well in this ranking. It is also #17 on our “Best Finance Schools in Michigan” list. It costs about $10,522 for Michigan Finance students whose families make $0-$30k per year to attend Saginaw Valley State University.
Western Michigan University came in at #13 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. Western Michigan University is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 127 ’s degrees in 2019-2020.
WMU not only placed well in this ranking. It is also #6 on our “Best Finance Schools in Michigan” list. It costs about $13,021 for michigan finance students whose families make $0-$30k per year to attend WMU.
Macomb Community College did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking, coming in at #14. Macomb Community College is located in Warren, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 1 ’s finance degrees to qualified students.
As a testament to the quality of education offered at Macomb Community College, the school also landed the #24 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Macomb Community College is $8,724 for Michigan Finance students whose families make $0-$30k.
Northwood University landed the #15 spot on the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. Northwood is a small school located in Midland, Michigan that handed out 58 ’s finance degrees in 2019-2020.
Northwood did well in our major quality rankings, too. It placed #8 on our “Best Finance Schools in Michigan” list. The estimated yearly cost for Northwood University is $14,573 for michigan finance students whose families make $0-$30k.
With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Eastern Michigan University came in at #16 in this year’s edition of the Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. This fairly large school is located in Ypsilanti, Michigan, and it awarded 74 ’s finance degrees in 2019-2020.
Eastern Michigan did well in our major quality rankings, too. It placed #20 on our “Best Finance Schools in Michigan” list. It costs about $13,904 for Michigan Finance students whose families make $0-$30k per year to attend Eastern Michigan University.
Baker College did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking, coming in at #17. Located in Owosso, Michigan, this medium-sized private not-for-profit school handed out 14 diplomas to qualified ’s finance students in 2019-2020.
The estimated yearly cost for Baker College is $13,376 for Michigan Finance students whose families make $0-$30k.
With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Spring Arbor University ranked #18 on this year’s Best Value Finance Schools in Michigan For Those Making $0-$30k list. Spring Arbor University is a small private not-for-profit school situated in Spring Arbor, Michigan. It awarded 4 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Spring Arbor, the school also landed the #18 spot in our “Best Finance Schools in Michigan” ranking. It costs about $14,962 for michigan finance students whose families make $0-$30k per year to attend Spring Arbor University.
Calvin University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking, coming in at #19. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 4 degrees to qualified ’s finance students in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #3 on our “Best Finance Schools in Michigan” list. It costs about $21,344 for michigan finance students whose families make $0-$30k per year to attend Calvin University.
The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Alma College landed the #20 spot on the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. Alma is located in Alma, Michigan and, has a small student population. In 2019-2020, this school awarded 9 ’s finance degrees to qualified students.
Alma also made our “Best Finance Schools in Michigan” list, coming in at #12. The estimated yearly cost for Alma is $18,060 for michigan finance students whose families make $0-$30k.
Cornerstone University ranked #21 on this year’s Best Value Finance Schools in Michigan For Those Making $0-$30k list. This small school is located in Grand Rapids, Michigan, and it awarded 13 ’s finance degrees in 2019-2020.
Cornerstone also made our “Best Finance Schools in Michigan” list, coming in at #23. It costs about $18,169 for Michigan Finance students whose families make $0-$30k per year to attend Cornerstone University.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Davenport University ranked #22 on this year’s Best Value Finance Schools in Michigan For Those Making $0-$30k list. Located in Grand Rapids, Michigan, this medium-sized private not-for-profit school awarded 41 degrees to qualified ’s finance students in 2019-2020.
In addition to being on our michigan finance students whose families make $0-$30k list, Davenport University has also earned the #25 rank in our “Best Finance Schools in Michigan” ranking. It costs about $15,751 for michigan finance students whose families make $0-$30k per year to attend Davenport University.
Andrews University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking, coming in at #23. This small school is located in Berrien Springs, Michigan, and it awarded 7 ’s finance degrees in 2019-2020.
Andrews did well in our major quality rankings, too. It placed #22 on our “Best Finance Schools in Michigan” list. The estimated yearly cost for Andrews University is $16,868 for Michigan Finance students whose families make $0-$30k.
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 school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Adrian College landed the #24 spot on the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking. Adrian College is a small school located in Adrian, Michigan that handed out 6 ’s finance degrees in 2019-2020.
Adrian did well in our major quality rankings, too. It placed #15 on our “Best Finance Schools in Michigan” list. The estimated yearly cost for Adrian is $24,964 for michigan finance students whose families make $0-$30k.
Lawrence Technological University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Making $0-$30k ranking, coming in at #25. Lawrence Technological University is located in Southfield, Michigan and, has a small student population. In 2019-2020, this school awarded 2 ’s finance degrees to qualified students.
In addition to being on our michigan finance students whose families make $0-$30k list, Lawrence Tech has also earned the #9 rank in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Lawrence Tech is $31,543 for Michigan Finance students whose families make $0-$30k.
Read full report on Finance at Lawrence Technological University
- Best Value Colleges for Finance (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Finance (Income $0-$30k)
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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.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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