2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k) in the Great Lakes Region
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 a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 55,749 people earned their degree in general business/commerce, making the major the 13th most popular in the United States. 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 master’s degree level specifically, there were 3,159 general business/commerce graduates with average earnings and debt of $57,039 and $42,488 respectively.
For this year’s “Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking, we looked at 19 colleges that offer 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.
When determining these rankings, we looked at things such as overall quality of the general business/commerce program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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One Size Does Not Fit All
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 a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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 a Master’s in the Great Lakes Region For Those Making $0-$30k
The following schools top our list of the Best Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k.
Top 19 Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k) in the Great Lakes Region
Out of the 19 schools in the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Located in Evanston, Illinois, this large private not-for-profit school awarded 1,048 diplomas to qualified masters’s general business students in 2019-2020.
Northwestern also took the #1 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.
Read full report on General Business/Commerce at Northwestern
Out of the 19 schools in the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #2 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 masters’s general business degrees to 11 students in 2019-2020.
UChicago did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UChicago are $61,548.
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #3 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. UW - Madison is a large school located in Madison, Wisconsin that handed out 94 masters’s general business degrees in 2019-2020.
UW - Madison did well in our major quality rankings, too. It placed #5 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Madison are $25,523.
Full University of Wisconsin - Madison General Business/Commerce Report
Out of the 19 schools in the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Bloomington landed the #4 spot on the list. Located in Bloomington, Indiana, this large public school handed out 905 diplomas to qualified masters’s general business students in 2019-2020.
As a testament to the quality of education offered at IU Bloomington, the school also landed the #4 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but you may pay more or less depending on your major.
Read full report on General Business/Commerce at Indiana University - Bloomington
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #5 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 46 masters’s degrees in 2019-2020.
Notre Dame not only placed well in this ranking. It is also #3 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.
Read more about General Business/Commerce at University of Notre Dame
Michigan State University came in at #6 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 91 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #8 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.
Read more about General Business/Commerce at Michigan State University
Indiana University - Northwest ranked #7 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. IU Northwest is a public institution located in Gary, Indiana. The school has a small population, and it awarded 41 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at IU Northwest, the school also landed the #16 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IU Northwest are $18,275, but you may pay more or less depending on your major.
Indiana University - Purdue University - Indianapolis came in at #8 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 190 masters’s general business degrees in 2019-2020.
IUPUI not only placed well in this ranking. It is also #9 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but some majors have different tuition rates.
Full Indiana University - Purdue University - Indianapolis General Business/Commerce Report
University of Wisconsin - Whitewater did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #9. University of Wisconsin - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 204 masters’s general business degrees to qualified students.
In addition to being on our great lakes region master’s degree general business students whose families make $0-$30k list, UW - Whitewater has also earned the #7 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200, but some majors have different tuition rates.
Read full report on General Business/Commerce at University of Wisconsin - Whitewater
Indiana University - Kokomo did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #10. This small school is located in Kokomo, Indiana, and it awarded 25 masters’s general business degrees in 2019-2020.
IU Kokomo did well in our major quality rankings, too. It placed #17 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - Kokomo are $18,275, but you may pay more or less depending on your major.
With a ranking of #11, Indiana University - South Bend did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Indiana University - South Bend is located in South Bend, Indiana and, has a small student population. In 2019-2020, this school awarded 15 masters’s general business degrees to qualified students.
Indiana University - South Bend not only placed well in this ranking. It is also #15 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - South Bend are $18,275, but you may pay more or less depending on your major.
Read full report on General Business/Commerce at Indiana University - South Bend
Ball State University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #12. Ball State University is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 86 masters’s degrees in 2019-2020.
Ball State not only placed well in this ranking. It is also #10 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ball State University are $26,204, but some majors have different tuition rates.
Read more about General Business/Commerce at Ball State University
Indiana University - Southeast landed the #13 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in New Albany, Indiana, this small public school awarded 30 degrees to qualified masters’s general business students in 2019-2020.
In addition to being on our great lakes region master’s degree general business students whose families make $0-$30k list, Indiana University - Southeast has also earned the #13 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Southeast are $18,275, but some majors have different tuition rates.
Read more about General Business/Commerce at Indiana University - Southeast
Purdue University Fort Wayne landed the #14 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. This medium-sized school is located in Fort Wayne, Indiana, and it awarded 41 masters’s general business degrees in 2019-2020.
PFW also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #12. Average graduate tuition and fees at PFW are $14,618, but some majors have different tuition rates.
Read more about General Business/Commerce at Purdue University Fort Wayne
Grand Valley State University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #15. This large school is located in Allendale, Michigan, and it awarded 68 masters’s general business degrees in 2019-2020.
In addition to being on our great lakes region master’s degree general business students whose families make $0-$30k list, GVSU has also earned the #11 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at GVSU are $17,448, but some majors have different tuition rates.
With a ranking of #16, Youngstown State University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Located in Youngstown, Ohio, this fairly large public school awarded 32 diplomas to qualified masters’s general business students in 2019-2020.
Youngstown State University not only placed well in this ranking. It is also #14 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Youngstown State University are $9,495, but you may pay more or less depending on your major.
Read full report on General Business/Commerce at Youngstown State University
Indiana Institute of Technology came in at #17 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Fort Wayne, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 99 students in 2019-2020.
Indiana Tech did well in our major quality rankings, too. It placed #18 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana Institute of Technology are $10,026, but you may pay more or less depending on your major.
Read full report on General Business/Commerce at Indiana Tech
With a ranking of #18, Roosevelt University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. This small school is located in Chicago, Illinois, and it awarded 5 masters’s general business degrees in 2019-2020.
Roosevelt also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Roosevelt are $21,605, but you may pay more or less depending on your major.
Xavier University landed the #19 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Cincinnati, Ohio is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 128 students in 2019-2020.
Xavier also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #6. Average graduate tuition and fees at Xavier University are $12,076, but you may pay more or less depending on your major.
Read full report on General Business/Commerce at Xavier 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.
Credits
- Credit for the banner image above goes to U.S. Consulate General Munich.
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