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2023 Best Value Colleges for General Business/Commerce (Income $30-$48k)

447 Ranked Colleges
56,042 Degrees Awarded
$5,100 Avg Net Price*
Best Value General Business Schools For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value General Business Schools For Those Making $30-$48k” ranking as one item you can use to help make this decision.

General Business/Commerce is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2020-2021, 56,042 degrees were awarded to students with this major.

This year’s “Best Value General Business Schools For Those Making $30-$48k” ranking looked at 447 colleges that offer degrees in a bachelor’s in general business/commerce. The schools that top this list are recognized because they have great general business/commerce 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 general business/commerce program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank General Business/Commerce Schools

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The general business 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 General Business Schools 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. 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 General Business Schools For Those Making $30-$48k

The colleges and universities below are the best for general business students whose families make $30-$48k.

Top 25 Best Value Colleges for General Business/Commerce (Income $30-$48k)

1
MIT crest
Massachusetts Institute of Technology
Cambridge, Massachusetts

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2023 Best Value General Business Schools For Those Making $30-$48k list. Massachusetts Institute of Technology is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a fairly large population, and it awarded 53 ’s degrees in 2020-2021.

As a testament to the quality of education offered at MIT, the school also landed the #4 spot in our “Best General Business/Commerce Schools” ranking. The estimated yearly cost for MIT is $-2,603 for General Business students whose families make $30-$48k. A negative average net price may seem strange, but it generally means that financial aid will more than cover the cost to attend the school.

Since the school has a undergrad student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 98%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.3%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Business/Commerce at MIT

2
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 #2 for the Best Value General Business Schools For Those Making $30-$48k. Northwestern University is a large school located in Evanston, Illinois that handed out 114 ’s general business degrees in 2020-2021.

Northwestern also took the #1 spot in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend Northwestern University is $917 for General Business students whose families make $30-$48k.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.6% 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%. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full Northwestern General Business/Commerce Report

3
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 447 schools in the Best Value General Business Schools For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #3 spot on the list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 14 students in 2020-2021.

UChicago not only placed well in this ranking. It is also #7 on our “Best General Business/Commerce Schools” list. The yearly cost to attend University of Chicago is $4,777 for general business students whose families make $30-$48k.

With a freshman retention rate of 100%, the school does an excellent job of retaining its undergraduate students. Since the school has a undergrad student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.

Read full report on General Business/Commerce at UChicago

4
UPenn crest
University of Pennsylvania
Philadelphia, Pennsylvania

You’ll be in good company if you decide to attend University of Pennsylvania. It ranked #4 on our 2023 Best Value General Business Schools For Those Making $30-$48k list. University of Pennsylvania is a large school located in Philadelphia, Pennsylvania that handed out 32 ’s general business degrees in 2020-2021.

In addition to being on our general business students whose families make $30-$48k list, UPenn has also earned the #3 rank in our “Best General Business/Commerce Schools” ranking. It costs about $1,938 for General Business students whose families make $30-$48k per year to attend University of Pennsylvania.

The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Full University of Pennsylvania General Business/Commerce Report

5
IU Bloomington crest
Indiana University - Bloomington
Bloomington, Indiana

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #5 on our 2023 Best Value General Business Schools For Those Making $30-$48k list. IU Bloomington is a large school located in Bloomington, Indiana that handed out 3,071 ’s general business degrees in 2020-2021.

IU Bloomington also made our “Best General Business/Commerce Schools” list, coming in at #8. It costs about $7,061 for General Business students whose families make $30-$48k per year to attend IU Bloomington.

The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.

Full Indiana University - Bloomington General Business/Commerce Report

6
Johns Hopkins crest
Johns Hopkins University
Baltimore, Maryland

Johns Hopkins University did quite well in the 2023 Best Value General Business Schools For Those Making $30-$48k ranking, coming in at #6. Johns Hopkins University is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 312 ’s general business degrees in 2020-2021.

Johns Hopkins also took the #5 spot in our “Best General Business/Commerce Schools” ranking. The estimated yearly cost for Johns Hopkins University is $4,859 for General Business students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 1.3%, 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 97%. 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.

Full Johns Hopkins University General Business/Commerce Report

7
Harvard crest
Harvard University
Cambridge, Massachusetts

Harvard University did quite well in the 2023 Best Value General Business Schools For Those Making $30-$48k ranking, coming in at #7. Harvard University is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a large population, and it awarded 22 ’s degrees in 2020-2021.

Harvard excels when it comes to general business quality. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. It costs about $1,396 for general business students whose families make $30-$48k per year to attend Harvard.

The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The undergraduate student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on General Business/Commerce at Harvard

8

University of Wisconsin - Madison did quite well in the 2023 Best Value General Business Schools For Those Making $30-$48k ranking, coming in at #8. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2020-2021, this school awarded 221 ’s general business degrees to qualified students.

UW - Madison not only placed well in this ranking. It is also #12 on our “Best General Business/Commerce Schools” list. The yearly cost to attend University of Wisconsin - Madison is $4,788 for General Business students whose families make $30-$48k.

The low undergrad student loan default rate of 0.9% 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 95%, the school does an excellent job of retaining its undergraduate students.

Full UW - Madison General Business/Commerce Report

9
Wake Forest University crest
Wake Forest University
Winston-Salem, North Carolina

Wake Forest University landed the #9 spot on the 2023 Best Value General Business Schools For Those Making $30-$48k ranking. This medium-sized school is located in Winston-Salem, North Carolina, and it awarded 131 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at Wake Forest University, the school also landed the #15 spot in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend Wake Forest University is $5,612 for General Business students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%.

Read full report on General Business/Commerce at Wake Forest University

10
South Texas College crest
South Texas College
McAllen, Texas

South Texas College ranked #10 on this year’s Best Value General Business Schools For Those Making $30-$48k list. South Texas College is located in McAllen, Texas and, has a large student population. In 2020-2021, this school awarded 327 ’s general business degrees to qualified students.

The estimated yearly cost for South Texas College is $1,783 for general business students whose families make $30-$48k.

Read more about General Business/Commerce at South Texas College

11
Emory crest
Emory University
Atlanta, Georgia

Emory University came in at #11 in this year’s edition of the Best Value General Business Schools For Those Making $30-$48k ranking. Emory University is a fairly large school located in Atlanta, Georgia that handed out 6 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at Emory, the school also landed the #9 spot in our “Best General Business/Commerce Schools” ranking. The estimated yearly cost for Emory University is $8,976 for General Business students whose families make $30-$48k.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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. The school has an impressive undergrad student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.

Read full report on General Business/Commerce at Emory University

12
El Centro College crest
El Centro College
Dallas, Texas

El Centro College ranked #12 on this year’s Best Value General Business Schools For Those Making $30-$48k list. El Centro College is a large public school situated in Dallas, Texas. It awarded 228 ’s general business degrees in 2020-2021.

As a testament to the quality of education it offers, El Centro College is also in the top of our “Best General Business/Commerce Schools” ranking. It’s ranked in the top 15% of all schools on our “Best General Business/Commerce Schools” list. The yearly cost to attend El Centro College is $4,619 for general business students whose families make $30-$48k.

Read more about General Business/Commerce at El Centro College

13

University of South Florida - Main Campus ranked #13 on this year’s Best Value General Business Schools For Those Making $30-$48k list. USF Tampa is a large school located in Tampa, Florida that handed out 337 ’s general business degrees in 2020-2021.

USF Tampa excels when it comes to general business quality. It’s in the top 10% of all schools reviewed in that analysis. It costs about $5,632 for General Business students whose families make $30-$48k per year to attend University of South Florida - Main Campus.

With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.

Read more about General Business/Commerce at USF Tampa

14

Indiana University - Purdue University - Indianapolis did quite well in the 2023 Best Value General Business Schools For Those Making $30-$48k ranking, coming in at #14. Indiana University - Purdue University - Indianapolis is located in Indianapolis, Indiana and, has a large student population. In 2020-2021, this school awarded 785 ’s general business degrees to qualified students.

IUPUI also claimed a top spot on our “Best General Business/Commerce Schools” list. It’s ranked in the top 10% of all schools on our “Best General Business/Commerce Schools” list. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $8,216 for General Business students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read full report on General Business/Commerce at IUPUI

15
Florida State crest
Florida State University
Tallahassee, Florida

Florida State University came in at #15 in this year’s edition of the Best Value General Business Schools For Those Making $30-$48k ranking. This large school is located in Tallahassee, Florida, and it awarded 144 ’s general business degrees in 2020-2021.

In addition to being on this list, Florida State is in the top on our “Best General Business/Commerce Schools” list. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The estimated yearly cost for Florida State University is $7,349 for General Business students whose families make $30-$48k.

The low undergrad student loan default rate of 2.8% 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Read more about General Business/Commerce at Florida State

16
UMSL crest
University of Missouri - St Louis
Saint Louis, Missouri

With a ranking of #16, University of Missouri - St Louis did quite well on the 2023 Best Value General Business Schools For Those Making $30-$48k list. Saint Louis, Missouri is the setting for this fairly large institution of higher learning. The public school handed out ’s general business degrees to 486 students in 2020-2021.

In addition to being on this list, UMSL is in the top on our “Best General Business/Commerce Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The yearly cost to attend UMSL is $8,324 for general business students whose families make $30-$48k.

The undergrad student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.

Full UMSL General Business/Commerce Report

17
Mt. SAC crest
Mt. San Antonio College
Walnut, California

With a ranking of #17, Mt. San Antonio College did quite well on the 2023 Best Value General Business Schools For Those Making $30-$48k list. This large school is located in Walnut, California, and it awarded 116 ’s general business degrees in 2020-2021.

The yearly cost to attend Mt. SAC is $3,035 for General Business students whose families make $30-$48k.

Read more about General Business/Commerce at Mt. San Antonio College

18
Northeastern crest
Northeastern University
Boston, Massachusetts

Northeastern University came in at #18 in this year’s edition of the Best Value General Business Schools For Those Making $30-$48k ranking. Located in Boston, Massachusetts, this large private not-for-profit school awarded 1,021 diplomas to qualified ’s general business students in 2020-2021.

Northeastern did well in our major quality rankings, too. It placed #10 on our “Best General Business/Commerce Schools” list. The yearly cost to attend Northeastern is $7,376 for General Business students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read more about General Business/Commerce at Northeastern

19

University of Missouri - Columbia did quite well in the 2023 Best Value General Business Schools For Those Making $30-$48k ranking, coming in at #19. Mizzou is a large public school situated in Columbia, Missouri. It awarded 783 ’s general business degrees in 2020-2021.

Mizzou also made our “Best General Business/Commerce Schools” list, coming in at #11. The yearly cost to attend Mizzou is $11,386 for general business students whose families make $30-$48k.

The undergrad student loan default rate at the school is 2.5%, 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 89%.

Read full report on General Business/Commerce at Mizzou

20

Austin Community College District did quite well in the 2023 Best Value General Business Schools For Those Making $30-$48k ranking, coming in at #20. This large school is located in Austin, Texas, and it awarded 352 ’s general business degrees in 2020-2021.

It costs about $4,907 for general business students whose families make $30-$48k per year to attend Austin Community College District.

Full Austin Community College District General Business/Commerce Report

21

University of Central Florida landed the #21 spot on the 2023 Best Value General Business Schools For Those Making $30-$48k ranking. Orlando, Florida is the setting for this large institution of higher learning. The public school handed out ’s general business degrees to 890 students in 2020-2021.

On top of its placing in this ranking, UCF also did well on our “Best General Business/Commerce Schools” list. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The estimated yearly cost for University of Central Florida is $6,256 for General Business students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.

Read full report on General Business/Commerce at UCF

22
NKU crest
Northern Kentucky University
Highland Heights, Kentucky

Northern Kentucky University came in at #22 in this year’s edition of the Best Value General Business Schools For Those Making $30-$48k ranking. NKU is a public institution located in Highland Heights, Kentucky. The school has a fairly large population, and it awarded 221 ’s degrees in 2020-2021.

As a testament to the quality of education it offers, NKU is also in the top of our “Best General Business/Commerce Schools” ranking. It’s in the top 15% of all schools reviewed in that analysis. It costs about $5,947 for general business students whose families make $30-$48k per year to attend NKU.

Read more about General Business/Commerce at NKU

23
Pima County Community College District crest
Pima Community College
Tucson, Arizona

Pima Community College ranked #23 on this year’s Best Value General Business Schools For Those Making $30-$48k list. Pima Community College is located in Tucson, Arizona and, has a fairly large student population. In 2020-2021, this school awarded 147 ’s general business degrees to qualified students.

The yearly cost to attend Pima County Community College District is $3,852 for general business students whose families make $30-$48k.

Full Pima County Community College District General Business/Commerce Report

24
Salt Lake Community College crest
Salt Lake Community College
Salt Lake City, Utah

Salt Lake Community College came in at #24 in this year’s edition of the Best Value General Business Schools For Those Making $30-$48k ranking. Salt Lake Community College is a public institution located in Salt Lake City, Utah. The school has a large population, and it awarded 309 ’s degrees in 2020-2021.

On top of its placing in this ranking, Salt Lake Community College also did well on our “Best General Business/Commerce Schools” list. It’s in the top 20% of all schools reviewed in that analysis. The yearly cost to attend Salt Lake Community College is $5,780 for general business students whose families make $30-$48k.

Read full report on General Business/Commerce at Salt Lake Community College

25

Indiana University - South Bend came in at #25 in this year’s edition of the Best Value General Business Schools For Those Making $30-$48k ranking. South Bend, Indiana is the setting for this small institution of higher learning. The public school handed out ’s general business degrees to 165 students in 2020-2021.

It costs about $6,544 for general business students whose families make $30-$48k per year to attend Indiana University - South Bend.

Read full report on General Business/Commerce at Indiana University - South Bend

Rest of the Best 50 in Best Value General Business Schools For Those Making $30-$48k

Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:

26
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana
27
American Military University crest
American Public University System
Charles Town, West Virginia
28
29
OCCC crest
Oklahoma City Community College
Oklahoma City, Oklahoma
30
Montgomery College crest
Montgomery College
Rockville, Maryland
31
Lehigh crest
Lehigh University
Bethlehem, Pennsylvania
32
Oakland crest
Oakland University
Rochester Hills, Michigan
33
Frederick Community College crest
Frederick Community College
Frederick, Maryland
34
CSI crest
College of Staten Island CUNY
Staten Island, New York
35
36
37
38
Ball State crest
Ball State University
Muncie, Indiana
39
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana
40
Horry-Georgetown Technical College crest
Horry-Georgetown Technical College
Conway, South Carolina
40
GCC crest
Glendale Community College
Glendale, California
42
UGA crest
University of Georgia
Athens, Georgia
43
Howard County Junior College crest
Howard College
Big Spring, Texas
44
45
Holmes Community College crest
Holmes Community College
Goodman, Mississippi
46
Gateway Community College crest
Gateway Community College
New Haven, Connecticut
47
CCRI crest
Community College of Rhode Island
Warwick, Rhode Island
48
49
50

Rest of the Top 15% Colleges in Best Value General Business Schools For Those Making $30-$48k

While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:

Rank College Location
51 Springfield Technical Community College Springfield, MA
52 Community College of Philadelphia Philadelphia, PA
52 Truckee Meadows Community College Reno, NV
52 University of Kentucky Lexington, KY
55 Union County College Cranford, NJ
56 Indiana University - Southeast New Albany, IN
56 Raritan Valley Community College Branchburg, NJ
58 Tacoma Community College Tacoma, WA
59 Hagerstown Community College Hagerstown, MD
60 Rio Salado College Tempe, AZ
61 San Jacinto Community College Pasadena, TX
62 University of Oregon Eugene, OR
63 American River College Sacramento, CA
64 El Paso Community College El Paso, TX
65 Brigham Young University - Provo Provo, UT
Rank College Location
66 Carroll Community College Westminster, MD
67 Northern Essex Community College Haverhill, MA
68 Montgomery County Community College Blue Bell, PA

Notes and References

References

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