2022 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region
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With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” 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 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 $30-$48k” ranking looked at 59 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.
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. For more information, check out our ranking methodology.
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Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k
The colleges and universities below are the best for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #1 for the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 36 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 $30-$48k list, Notre Dame has also earned the #1 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Notre Dame is $15,609 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. 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.
Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Bloomington landed the #2 spot on the 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.
IU Bloomington not only placed well in this ranking. It is also #2 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $6,192 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Indiana University - Bloomington.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. 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%.
Read more about General Business/Commerce at Indiana University - Bloomington
Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Northwest landed the #3 spot on the list. IU Northwest is a public institution located in Gary, Indiana. The school has a small population, and it awarded 55 bachelors’s degrees in 2019-2020.
It costs about $4,960 for great lakes region bachelor’s degree general business students whose families make $30-$48k per year to attend Indiana University - Northwest.
Read more about General Business/Commerce at Indiana University - Northwest
You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #4 on our 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Indiana University - Purdue University - Indianapolis is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 522 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $30-$48k 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 IUPUI is $6,315 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Out of the 59 schools in the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - South Bend landed the #5 spot on the list. Located in South Bend, Indiana, this small public school awarded 180 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 $30-$48k list, Indiana University - South Bend has also earned the #24 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Indiana University - South Bend is $5,057 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Read full report on General Business/Commerce at Indiana University - South Bend
With a ranking of #6, Indiana University - Southeast did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Located in New Albany, Indiana, this small public school awarded 168 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 $30-$48k list, Indiana University - Southeast has also earned the #12 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $8,675 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Indiana University - Southeast.
Read more about General Business/Commerce at Indiana University - Southeast
University of Wisconsin - Whitewater ranked #7 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. UW - Whitewater is a fairly large public school situated in Whitewater, Wisconsin. It awarded 95 bachelors’s general business degrees in 2019-2020.
As a testament to the quality of education offered at UW - Whitewater, the school also landed the #6 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Whitewater is $12,156 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Read more about General Business/Commerce at UW - Whitewater
Indiana University - Kokomo did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #8. Indiana University - Kokomo is a small public school situated in Kokomo, Indiana. It awarded 61 bachelors’s general business degrees in 2019-2020.
The yearly cost to attend Indiana University - Kokomo is $6,049 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Purdue University Fort Wayne ranked #9 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Purdue University Fort Wayne is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 163 bachelors’s general business degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $30-$48k list, PFW has also earned the #23 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend PFW is $7,686 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Oakland University came in at #10 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 64 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #17 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $7,751 for great lakes region bachelor’s degree general business students whose families make $30-$48k per year to attend Oakland.
With a ranking of #11, Ball 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 $30-$48k list. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s general business degrees to 170 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $30-$48k 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. It costs about $10,487 for great lakes region bachelor’s degree general business students whose families make $30-$48k per year to attend Ball State University.
With a ranking of #12, Indiana University - East did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Richmond, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 4 students in 2019-2020.
The estimated yearly cost for Indiana University - East is $5,002 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.
Full Indiana University - East General Business/Commerce Report
Wright State University - Lake Campus landed the #13 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Celina, Ohio, this small public school awarded 17 degrees to qualified bachelors’s general business students in 2019-2020.
The estimated yearly cost for Wright State University - Lake Campus is $10,227 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.
Read full report on General Business/Commerce at Wright State University - Lake Campus
Grand Valley State University ranked #14 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This large school is located in Allendale, Michigan, and it awarded 26 bachelors’s general business degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $30-$48k list, GVSU has also earned the #15 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend GVSU is $12,459 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Saint Xavier University came in at #15 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general business degrees to 61 students in 2019-2020.
The yearly cost to attend Saint Xavier University is $11,962 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.
Albion College did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #16. Located in Albion, Michigan, this small private not-for-profit school awarded 8 diplomas 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. The yearly cost to attend Albion is $12,541 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Ohio State University - Marion Campus did quite well in the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #17. Marion, Ohio is the setting for this small institution of higher learning. The public school handed out bachelors’s general business degrees to 9 students in 2019-2020.
The yearly cost to attend Ohio State University - Marion Campus is $9,917 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Full Ohio State University - Marion Campus General Business/Commerce Report
Indiana State University landed the #18 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Terre Haute, Indiana is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general business degrees to 58 students in 2019-2020.
It costs about $11,182 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Indiana State University.
With a ranking of #19, Purdue University Northwest did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. This medium-sized school is located in Hammond, Indiana, and it awarded 3 bachelors’s general business degrees in 2019-2020.
The estimated yearly cost for Purdue Northwest is $8,401 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.
Saginaw Valley State University came in at #20 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. This medium-sized school is located in University Center, Michigan, and it awarded 27 bachelors’s general business degrees in 2019-2020.
It costs about $11,734 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Saginaw Valley State University.
Read more about General Business/Commerce at Saginaw Valley State University
With a ranking of #21, Ashland University did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Ashland University is a small school located in Ashland, Ohio that handed out 33 bachelors’s general business degrees in 2019-2020.
Ashland not only placed well in this ranking. It is also #13 on our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $16,844 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Ashland.
The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.
Lake Superior State University landed the #22 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. This small school is located in Sault Ste Marie, Michigan, and it awarded 11 bachelors’s general business degrees in 2019-2020.
The estimated yearly cost for Lake Superior State University is $9,640 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
Read full report on General Business/Commerce at Lake Superior State University
Wright State University - Main Campus landed the #23 spot on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Wright State University - Main Campus is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 82 bachelors’s degrees in 2019-2020.
The yearly cost to attend Wright State University - Main Campus is $14,755 for Great Lakes Region Bachelor’s Degree General Business students whose families make $30-$48k.
Full Wright State University - Main Campus General Business/Commerce Report
With a ranking of #24, Ohio State University - Lima Campus did quite well on the 2022 Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Ohio State University - Lima Campus is a public institution located in Lima, Ohio. The school has a small population, and it awarded 10 bachelors’s degrees in 2019-2020.
It costs about $10,571 for great lakes region bachelor’s degree general business students whose families make $30-$48k per year to attend Ohio State University - Lima Campus.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Read more about General Business/Commerce at Ohio State University - Lima Campus
Lake Forest College ranked #25 on this year’s Best Value General Business Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Lake Forest College is a private not-for-profit institution located in Lake Forest, Illinois. The school has a small population, and it awarded 55 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree general business students whose families make $30-$48k list, Lake Forest has also earned the #9 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Lake Forest is $19,152 for great lakes region bachelor’s degree general business students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
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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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