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2023 Best Value Colleges for General Business/Commerce (Income $48-$75k)

444 Ranked Colleges
56,042 Degrees Awarded
Best Value General Business Schools For Those Making $48-$75k

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 $48-$75k” ranking as one item you can use to help make this decision.

In 2020-2021, 56,042 general business/commerce students received their degree, making the major the 10th most popular in the country.

This year’s “Best Value General Business Schools For Those Making $48-$75k” ranking analyzed 444 colleges that offered a degree in general business/commerce. This ranking identifies schools with high-quality general business/commerce programs that also have a lower cost than 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. Check out our ranking methodology for more information.

More Ways to Rank General Business/Commerce Schools

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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 General Business Schools For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value General Business Schools For Those Making $48-$75k

The colleges and universities below are the best for general business students whose families make $48-$75k.

Top 25 Best Value Colleges for General Business/Commerce (Income $48-$75k)

1
Northwestern crest
Northwestern University
Evanston, Illinois

Out of the 444 schools in the Best Value General Business Schools For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 114 ’s general business degrees to qualified students.

Northwestern also made our “Best General Business/Commerce Schools” list, coming in at #1. The estimated yearly cost for Northwestern is $5,849 for general business students whose families make $48-$75k.

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. 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Full Northwestern General Business/Commerce Report

2
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 #2 on our 2023 Best Value General Business Schools For Those Making $48-$75k list. MIT is a fairly large school located in Cambridge, Massachusetts that handed out 53 ’s general business degrees in 2020-2021.

In addition to being on our general business students whose families make $48-$75k list, MIT has also earned the #4 rank in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend Massachusetts Institute of Technology is $2,834 for general business students whose families make $48-$75k.

The undergraduate student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 98%.

Read full report on General Business/Commerce at MIT

3
Johns Hopkins crest
Johns Hopkins University
Baltimore, Maryland

Out of the 444 schools in the Best Value General Business Schools For Those Making $48-$75k that were part of this year’s ranking, Johns Hopkins University landed the #3 spot on the list. Located in Baltimore, Maryland, this large private not-for-profit school awarded 312 degrees to qualified ’s general business students in 2020-2021.

Johns Hopkins also took the #5 spot in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend Johns Hopkins is $8,457 for general business students whose families make $48-$75k.

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

Full Johns Hopkins General Business/Commerce Report

4
UChicago crest
University of Chicago
Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #4 on our 2023 Best Value General Business Schools For Those Making $48-$75k list. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 14 diplomas to qualified ’s general business students in 2020-2021.

As a testament to the quality of education offered at UChicago, the school also landed the #7 spot in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend University of Chicago is $8,375 for general business students whose families make $48-$75k.

With a freshman retention rate of 100%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 5 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 1.0% 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 more about General Business/Commerce at UChicago

5
Harvard crest
Harvard University
Cambridge, Massachusetts

You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #5 for the Best Value General Business Schools For Those Making $48-$75k. Harvard University is located in Cambridge, Massachusetts and, has a large student population. In 2020-2021, this school awarded 22 ’s general business degrees to qualified students.

On top of its placing in this ranking, Harvard 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. It costs about $2,669 for general business students whose families make $48-$75k per year to attend Harvard.

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%. 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 more about General Business/Commerce at Harvard University

6
UPenn crest
University of Pennsylvania
Philadelphia, Pennsylvania

University of Pennsylvania came in at #6 in this year’s edition of the Best Value General Business Schools For Those Making $48-$75k ranking. Located in Philadelphia, Pennsylvania, this large private not-for-profit school handed out 32 diplomas to qualified ’s general business students in 2020-2021.

UPenn also made our “Best General Business/Commerce Schools” list, coming in at #3. The yearly cost to attend UPenn is $12,020 for general business students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. 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. 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%.

Full University of Pennsylvania General Business/Commerce Report

7
IU Bloomington crest
Indiana University - Bloomington
Bloomington, Indiana

Indiana University - Bloomington came in at #7 in this year’s edition of the Best Value General Business Schools For Those Making $48-$75k ranking. Indiana University - Bloomington is a large public school situated in Bloomington, Indiana. It awarded 3,071 ’s general business degrees in 2020-2021.

In addition to being on our general business students whose families make $48-$75k list, IU Bloomington has also earned the #8 rank in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend Indiana University - Bloomington is $12,369 for General Business students whose families make $48-$75k.

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

Full Indiana University - Bloomington General Business/Commerce Report

8
South Texas College crest
South Texas College
McAllen, Texas

South Texas College came in at #8 in this year’s edition of the Best Value General Business Schools For Those Making $48-$75k ranking. This large school is located in McAllen, Texas, and it awarded 327 ’s general business degrees in 2020-2021.

The yearly cost to attend South Texas College is $3,531 for General Business students whose families make $48-$75k.

Full South Texas College General Business/Commerce Report

9
American Military University crest
American Public University System
Charles Town, West Virginia

American Public University System did quite well in the 2023 Best Value General Business Schools For Those Making $48-$75k ranking, coming in at #9. American Military University is located in Charles Town, West Virginia and, has a large student population. In 2020-2021, this school awarded 252 ’s general business degrees to qualified students.

American Military University also made our “Best General Business/Commerce Schools” list, coming in at #22. The estimated yearly cost for American Public University System is $13,536 for General Business students whose families make $48-$75k.

With a freshman retention rate of 98%, the school does an excellent job of retaining its undergraduate students.

Read more about General Business/Commerce at American Public University System

10
El Centro College crest
El Centro College
Dallas, Texas

El Centro College ranked #10 on this year’s Best Value General Business Schools For Those Making $48-$75k list. This large school is located in Dallas, Texas, and it awarded 228 ’s general business degrees in 2020-2021.

El Centro College also claimed a top spot 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 yearly cost to attend El Centro College is $6,881 for general business students whose families make $48-$75k.

Read more about General Business/Commerce at El Centro College

11
UMSL crest
University of Missouri - St Louis
Saint Louis, Missouri

University of Missouri - St Louis landed the #11 spot on the 2023 Best Value General Business Schools For Those Making $48-$75k ranking. University of Missouri - St Louis is located in Saint Louis, Missouri and, has a fairly large student population. In 2020-2021, this school awarded 486 ’s general business degrees to qualified students.

UMSL excels when it comes to general business quality. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The yearly cost to attend University of Missouri - St Louis is $11,291 for general business students whose families make $48-$75k.

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 University of Missouri - St Louis General Business/Commerce Report

12

University of Missouri - Columbia did quite well in the 2023 Best Value General Business Schools For Those Making $48-$75k ranking, coming in at #12. Mizzou is a large public school situated in Columbia, Missouri. It awarded 783 ’s general business degrees in 2020-2021.

Mizzou not only placed well in this ranking. It is also #11 on our “Best General Business/Commerce Schools” list. The yearly cost to attend University of Missouri - Columbia is $13,715 for General Business students whose families make $48-$75k.

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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Read full report on General Business/Commerce at Mizzou

13

University of Wisconsin - Madison ranked #13 on this year’s Best Value General Business Schools For Those Making $48-$75k list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 221 ’s general business degrees in 2020-2021.

UW - Madison did well in our major quality rankings, too. It placed #12 on our “Best General Business/Commerce Schools” list. It costs about $10,364 for general business students whose families make $48-$75k per year to attend University of Wisconsin - Madison.

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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Full University of Wisconsin - Madison General Business/Commerce Report

14
Wake Forest University crest
Wake Forest University
Winston-Salem, North Carolina

With a ranking of #14, Wake Forest University did quite well on the 2023 Best Value General Business Schools For Those Making $48-$75k list. Wake Forest University is located in Winston-Salem, North Carolina and, has a medium-sized student population. In 2020-2021, this school awarded 131 ’s general business degrees to qualified students.

Wake Forest University not only placed well in this ranking. It is also #15 on our “Best General Business/Commerce Schools” list. The yearly cost to attend Wake Forest University is $10,228 for General Business students whose families make $48-$75k.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. 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%.

Full Wake Forest University General Business/Commerce Report

15

University of South Florida - Main Campus landed the #15 spot on the 2023 Best Value General Business Schools For Those Making $48-$75k ranking. USF Tampa is a large public school situated in Tampa, Florida. It awarded 337 ’s general business degrees in 2020-2021.

In addition to being on this list, USF Tampa 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. It costs about $9,669 for General Business students whose families make $48-$75k per year to attend University of South Florida - Main Campus.

The undergrad student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students.

Full USF Tampa General Business/Commerce Report

16
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame ranked #16 on this year’s Best Value General Business Schools For Those Making $48-$75k list. This fairly large school is located in Notre Dame, Indiana, and it awarded 120 ’s general business degrees in 2020-2021.

Notre Dame also made our “Best General Business/Commerce Schools” list, coming in at #6. It costs about $14,020 for general business students whose families make $48-$75k per year to attend University of Notre Dame.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Read more about General Business/Commerce at Notre Dame

17
Pima County Community College District crest
Pima Community College
Tucson, Arizona

With a ranking of #17, Pima Community College did quite well on the 2023 Best Value General Business Schools For Those Making $48-$75k list. Pima Community College is a fairly large public school situated in Tucson, Arizona. It awarded 147 ’s general business degrees in 2020-2021.

The estimated yearly cost for Pima County Community College District is $5,851 for general business students whose families make $48-$75k.

Read full report on General Business/Commerce at Pima Community College

18
Salt Lake Community College crest
Salt Lake Community College
Salt Lake City, Utah

Salt Lake Community College came in at #18 in this year’s edition of the Best Value General Business Schools For Those Making $48-$75k ranking. Salt Lake Community College is located in Salt Lake City, Utah and, has a large student population. In 2020-2021, this school awarded 309 ’s general business degrees to qualified students.

Salt Lake Community College excels when it comes to general business quality. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The estimated yearly cost for Salt Lake Community College is $7,366 for general business students whose families make $48-$75k.

Full Salt Lake Community College General Business/Commerce Report

19
Florida State crest
Florida State University
Tallahassee, Florida

With a ranking of #19, Florida State University did quite well on the 2023 Best Value General Business Schools For Those Making $48-$75k list. Florida State is a large school located in Tallahassee, Florida that handed out 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 ranked in the top 10% of all schools on our “Best General Business/Commerce Schools” list. The estimated yearly cost for Florida State University is $11,506 for general business students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.

Read more about General Business/Commerce at Florida State

20
Mt. SAC crest
Mt. San Antonio College
Walnut, California

Mt. San Antonio College came in at #20 in this year’s edition of the Best Value General Business Schools For Those Making $48-$75k ranking. Mt. San Antonio College is located in Walnut, California and, has a large student population. In 2020-2021, this school awarded 116 ’s general business degrees to qualified students.

The estimated yearly cost for Mt. SAC is $5,768 for general business students whose families make $48-$75k.

Read full report on General Business/Commerce at Mt. San Antonio College

21

University of Central Florida landed the #21 spot on the 2023 Best Value General Business Schools For Those Making $48-$75k ranking. UCF is a public institution located in Orlando, Florida. The school has a large population, and it awarded 890 ’s degrees in 2020-2021.

In addition to being on this list, UCF 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 UCF is $9,426 for General Business students whose families make $48-$75k.

The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 3.7% 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%.

Full UCF General Business/Commerce Report

22
NKU crest
Northern Kentucky University
Highland Heights, Kentucky

Northern Kentucky University ranked #22 on this year’s Best Value General Business Schools For Those Making $48-$75k list. Northern Kentucky University is located in Highland Heights, Kentucky and, has a fairly large student population. In 2020-2021, this school awarded 221 ’s general business degrees to qualified students.

On top of its placing in this ranking, NKU also did well on our “Best General Business/Commerce Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend NKU is $9,505 for General Business students whose families make $48-$75k.

Read full report on General Business/Commerce at NKU

23
Northeastern crest
Northeastern University
Boston, Massachusetts

Northeastern University landed the #23 spot on the 2023 Best Value General Business Schools For Those Making $48-$75k ranking. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2020-2021, this school awarded 1,021 ’s general business degrees to qualified students.

Northeastern also took the #10 spot in our “Best General Business/Commerce Schools” ranking. The yearly cost to attend Northeastern University is $18,389 for general business students whose families make $48-$75k.

With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. 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%.

Full Northeastern General Business/Commerce Report

24

Indiana University - Purdue University - Indianapolis did quite well in the 2023 Best Value General Business Schools For Those Making $48-$75k ranking, coming in at #24. Located in Indianapolis, Indiana, this large public school awarded 785 degrees to qualified ’s general business students in 2020-2021.

IUPUI excels when it comes to general business quality. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $13,306 for General Business students whose families make $48-$75k.

The low undergrad student loan default rate of 4.2% 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%.

Read full report on General Business/Commerce at IUPUI

25
Gateway Community College crest
Gateway Community College
New Haven, Connecticut

With a ranking of #25, Gateway Community College did quite well on the 2023 Best Value General Business Schools For Those Making $48-$75k list. Gateway Community College is a medium-sized public school situated in New Haven, Connecticut. It awarded 53 ’s general business degrees in 2020-2021.

The estimated yearly cost for Gateway Community College is $7,450 for general business students whose families make $48-$75k.

Full Gateway Community College General Business/Commerce Report

Rest of the Best 50 in Best Value General Business Schools For Those Making $48-$75k

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

26
27
Montgomery College crest
Montgomery College
Rockville, Maryland
28
CCRI crest
Community College of Rhode Island
Warwick, Rhode Island
29
30
OCCC crest
Oklahoma City Community College
Oklahoma City, Oklahoma
31
Oakland crest
Oakland University
Rochester Hills, Michigan
32
STCC crest
Springfield Technical Community College
Springfield, Massachusetts
33
Skidmore crest
Skidmore College
Saratoga Springs, New York
34
Frederick Community College crest
Frederick Community College
Frederick, Maryland
35
SUNY Empire crest
SUNY Empire State College
Saratoga Springs, New York
36
Rio Salado College crest
Rio Salado College
Tempe, Arizona
37
Emory crest
Emory University
Atlanta, Georgia
38
39
40
Holmes Community College crest
Holmes Community College
Goodman, Mississippi
41
Housatonic Community College crest
Housatonic Community College
Bridgeport, Connecticut
42
UO crest
University of Oregon
Eugene, Oregon
43
Post University crest
Post University
Waterbury, Connecticut
44
Tacoma Community College crest
Tacoma Community College
Tacoma, Washington
45
GCC crest
Glendale Community College
Glendale, California
46
Howard County Junior College crest
Howard College
Big Spring, Texas
47
NECC crest
Northern Essex Community College
Haverhill, Massachusetts
48
Horry-Georgetown Technical College crest
Horry-Georgetown Technical College
Conway, South Carolina
49
50

Rest of the Top 15% Colleges in Best Value General Business Schools For Those Making $48-$75k

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

Rank College Location
51 College of Staten Island CUNY Staten Island, NY
52 Hagerstown Community College Hagerstown, MD
53 University of Kentucky Lexington, KY
54 Indiana University - South Bend South Bend, IN
55 Tunxis Community College Farmington, CT
56 Carroll Community College Westminster, MD
57 Union County College Cranford, NJ
58 Raritan Valley Community College Branchburg, NJ
59 Anoka-Ramsey Community College Coon Rapids, MN
60 Quinsigamond Community College Worcester, MA
61 Schoolcraft College Livonia, MI
62 Lansing Community College Lansing, MI
63 Community College of Philadelphia Philadelphia, PA
64 University of Wisconsin - Whitewater Whitewater, WI
64 University of Maryland - College Park College Park, MD
Rank College Location
66 The University of West Florida Pensacola, FL
67 Ball State University Muncie, IN

Notes and References

References

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