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2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k

59 Ranked Colleges
4,898 Degrees Awarded
$9,100 Avg Net Price*
Best Value General Business Schools for a Bachelor's in the Great Lakes Region For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking - to help you make that decision.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

Across the Great Lakes region, there were 10,177 general business/commerce graduates with average earnings and debt of $42,581 and $26,197 respectively. At the bachelor’s degree level specifically, there were 4,898 general business/commerce graduates with average earnings and debt of $39,075 and $25,381 respectively.

This year’s “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 59 colleges that offer degrees in a bachelor’s in general business/commerce. Not only do the schools that top this list have excellent general business/commerce programs, but they also 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.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k

The colleges and universities below are the best for great lakes region bachelor’s degree general business students whose families make $0-$30k.

Top 25 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $0-$30k) in the Great Lakes Region

#1

Indiana University - Bloomington

Bloomington, Indiana

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #1 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 2,002 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #2 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $4,969 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend IU Bloomington.

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

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

#2

University of Notre Dame

Notre Dame, Indiana

Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. This fairly large school is located in Notre Dame, Indiana, and it awarded 36 bachelors’s general business degrees in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #1 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Notre Dame is $12,498 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The impressive 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 low student loan default rate of 0.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on General Business/Commerce at Notre Dame

Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #3 spot on the list. Located in Indianapolis, Indiana, this large public school awarded 522 diplomas to qualified bachelors’s general business students in 2019-2020.

In addition to being on our great lakes region bachelor’s degree general business students whose families make $0-$30k list, IUPUI has also earned the #5 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $5,052 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Read full report on General Business/Commerce at Indiana University - Purdue University - Indianapolis

You’ll join some of the best and brightest minds around if you attend Indiana University - Northwest. The school came in at #4 for the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Indiana University - Northwest is a small public school situated in Gary, Indiana. It awarded 55 bachelors’s general business degrees in 2019-2020.

It costs about $3,287 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend IU Northwest.

Read full report on General Business/Commerce at IU Northwest

#5

Indiana University - South Bend

South Bend, Indiana

You’ll be in good company if you decide to attend Indiana University - South Bend. It ranked #5 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. South Bend, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 180 students in 2019-2020.

Indiana University - South Bend also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #24. The estimated yearly cost for Indiana University - South Bend is $4,641 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

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

University of Wisconsin - Whitewater ranked #6 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general business degrees to 95 students in 2019-2020.

UW - Whitewater also took the #6 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Whitewater is $11,868 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Full UW - Whitewater General Business/Commerce Report

#7

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast ranked #7 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. New Albany, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 168 students in 2019-2020.

Indiana University - Southeast did well in our major quality rankings, too. It placed #12 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - Southeast is $6,697 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Full Indiana University - Southeast General Business/Commerce Report

Indiana University - Kokomo came in at #8 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Kokomo, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 61 students in 2019-2020.

The estimated yearly cost for IU Kokomo is $4,360 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Read more about General Business/Commerce at Indiana University - Kokomo

#9

Ball State University

Muncie, Indiana

Ball State University came in at #9 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Ball State is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 170 bachelors’s degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree general business students whose families make $0-$30k list, Ball State has also earned the #10 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ball State is $8,403 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Read full report on General Business/Commerce at Ball State University

#10

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne landed the #10 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Fort Wayne, Indiana, this medium-sized public school handed out 163 degrees to qualified bachelors’s general business students in 2019-2020.

PFW also took the #23 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for PFW is $7,129 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

Full Purdue University Fort Wayne General Business/Commerce Report

#11

Oakland University

Rochester Hills, Michigan

Oakland University landed the #11 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general business degrees to 64 students in 2019-2020.

Oakland also made our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #17. The estimated yearly cost for Oakland University is $7,490 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

Read full report on General Business/Commerce at Oakland

Wright State University - Lake Campus landed the #12 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Wright State University - Lake Campus is a small public school situated in Celina, Ohio. It awarded 17 bachelors’s general business degrees in 2019-2020.

The estimated yearly cost for Wright State University - Lake Campus is $9,099 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Read more about General Business/Commerce at Wright State University - Lake Campus

#13

Indiana University - East

Richmond, Indiana

Indiana University - East ranked #13 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Richmond, Indiana, this small public school awarded 4 diplomas to qualified bachelors’s general business students in 2019-2020.

It costs about $3,622 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend IU East.

Full Indiana University - East General Business/Commerce Report

#14

Grand Valley State University

Allendale, Michigan

With a ranking of #14, Grand Valley State University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s general business degrees to 26 students in 2019-2020.

As a testament to the quality of education offered at GVSU, the school also landed the #15 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend GVSU is $11,578 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

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%.

Read full report on General Business/Commerce at Grand Valley State University

#15

Albion College

Albion, Michigan
#14 in overall quality

Albion College landed the #15 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Albion, Michigan, this small private not-for-profit school awarded 8 degrees to qualified bachelors’s general business students in 2019-2020.

Albion not only placed well in this ranking. It is also #14 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $12,032 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k per year to attend Albion College.

Read more about General Business/Commerce at Albion

#16

Saint Xavier University

Chicago, Illinois

Saint Xavier University landed the #16 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Chicago, Illinois, this small private not-for-profit school awarded 61 degrees to qualified bachelors’s general business students in 2019-2020.

It costs about $11,266 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend SXU.

Read full report on General Business/Commerce at SXU

#17

Lake Superior State University

Sault Ste Marie, Michigan

Lake Superior State University did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #17. Located in Sault Ste Marie, Michigan, this small public school handed out 11 diplomas to qualified bachelors’s general business students in 2019-2020.

The yearly cost to attend Lake Superior State University is $7,067 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

Full Lake Superior State University General Business/Commerce Report

#18

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest ranked #18 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Purdue Northwest is located in Hammond, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 3 bachelors’s general business degrees to qualified students.

It costs about $6,911 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k per year to attend Purdue Northwest.

Full Purdue University Northwest General Business/Commerce Report

#19

Indiana State University

Terre Haute, Indiana

Indiana State University did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #19. Indiana State University is a fairly large public school situated in Terre Haute, Indiana. It awarded 58 bachelors’s general business degrees in 2019-2020.

It costs about $9,422 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Indiana State.

Full Indiana State General Business/Commerce Report

#20

Saginaw Valley State University

University Center, Michigan

With a ranking of #20, Saginaw Valley State University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in University Center, Michigan, this medium-sized public school handed out 27 degrees to qualified bachelors’s general business students in 2019-2020.

It costs about $10,522 for great lakes region bachelor’s degree general business students whose families make $0-$30k per year to attend Saginaw Valley State University.

Read more about General Business/Commerce at Saginaw Valley State University

With a ranking of #21, Wright State University - Main Campus did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Wright State University - Main Campus is a fairly large public school situated in Dayton, Ohio. It awarded 82 bachelors’s general business degrees in 2019-2020.

The yearly cost to attend Wright State University - Main Campus is $13,460 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k.

Full Wright State University - Main Campus General Business/Commerce Report

Ohio State University - Marion Campus landed the #22 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Ohio State University - Marion Campus is a small public school situated in Marion, Ohio. It awarded 9 bachelors’s general business degrees in 2019-2020.

The yearly cost to attend Ohio State University - Marion Campus is $9,515 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

The low student loan default rate of 4.4% 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%.

Read full report on General Business/Commerce at Ohio State University - Marion Campus

Ohio State University - Lima Campus did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #23. Lima, Ohio is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 10 students in 2019-2020.

The estimated yearly cost for Ohio State University - Lima Campus is $9,961 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

The low student loan default rate of 4.4% 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%.

Read full report on General Business/Commerce at Ohio State University - Lima Campus

#24

Illinois Wesleyan University

Bloomington, Illinois
#3 in overall quality

With a ranking of #24, Illinois Wesleyan University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Bloomington, Illinois, this small private not-for-profit school handed out 39 degrees to qualified bachelors’s general business students in 2019-2020.

Illinois Wesleyan not only placed well in this ranking. It is also #3 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $18,570 for Great Lakes Region Bachelor’s Degree General Business students whose families make $0-$30k per year to attend Illinois Wesleyan University.

The low 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Full Illinois Wesleyan University General Business/Commerce Report

#25

Wittenberg University

Springfield, Ohio

With a ranking of #25, Wittenberg University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Springfield, Ohio, this small private not-for-profit school handed out 21 degrees to qualified bachelors’s general business students in 2019-2020.

In addition to being on our great lakes region bachelor’s degree general business students whose families make $0-$30k list, Wittenberg has also earned the #11 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Wittenberg University is $18,379 for great lakes region bachelor’s degree general business students whose families make $0-$30k.

Read full report on General Business/Commerce at Wittenberg University

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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