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2023 Best Value Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

81 Ranked Colleges
9,301 Degrees Awarded
$7,700 Avg Net Price*
Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. 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 in the Great Lakes Region For Those Making $30-$48k” ranking - to help you make that decision.

In 2020-2021, 56,042 people earned their degree in general business/commerce, making the major the 16th most popular in the United States. In 2019-2020, general business/commerce graduates who were awarded their degree in 2017-2019, earned an average of $43,399 and had an average of $26,389 in loans still to pay off.

Across the Great Lakes region, there were 9,301 general business/commerce graduates with average earnings and debt of $46,236 and $26,191 respectively.

For this year’s “Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 81 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. For more information, check out our ranking methodology.

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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k” list to help you make the college 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. 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 in the Great Lakes Region For Those Making $30-$48k

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

Top 25 Best Value Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 114 ’s general business degrees in 2020-2021.

Northwestern not only placed well in this ranking. It is also #1 on our “Best General Business/Commerce Schools in the Great Lakes Region” list. The estimated yearly cost for Northwestern University is $917 for great lakes region general business students whose families make $30-$48k.

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

Read full report on General Business/Commerce at Northwestern University

2
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k 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 ’s general business degrees to 14 students in 2020-2021.

In addition to being on our great lakes region general business students whose families make $30-$48k list, UChicago has also earned the #3 rank in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Chicago is $4,777 for Great Lakes Region General Business students whose families make $30-$48k.

The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. 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%. 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.

Read full report on General Business/Commerce at UChicago

3
IU Bloomington crest
Indiana University - Bloomington
Bloomington, Indiana

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #3 on our 2023 Best Value General Business Schools in the Great Lakes Region 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 took the #4 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $7,061 for great lakes region general business students whose families make $30-$48k per year to attend Indiana University - Bloomington.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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%.

Read full report on General Business/Commerce at IU Bloomington

4

Out of the 81 schools in the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. This large school is located in Madison, Wisconsin, and it awarded 221 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at UW - Madison, the school also landed the #5 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $4,788 for Great Lakes Region General Business students whose families make $30-$48k 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%. 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 University of Wisconsin - Madison

5

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #5 on our 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. 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 did well in our major quality rankings, too. It placed #8 on our “Best General Business/Commerce Schools in the Great Lakes Region” list. The yearly cost to attend IUPUI is $8,216 for great lakes region general business students whose families make $30-$48k.

The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Business/Commerce at Indiana University - Purdue University - Indianapolis

6

Indiana University - South Bend did quite well in the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #6. 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.

Indiana University - South Bend not only placed well in this ranking. It is also #25 on our “Best General Business/Commerce Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - South Bend is $6,544 for great lakes region general business students whose families make $30-$48k.

Full Indiana University - South Bend General Business/Commerce Report

7
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame landed the #7 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 120 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at Notre Dame, the school also landed the #2 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $9,136 for Great Lakes Region General Business students whose families make $30-$48k per year to attend University of Notre Dame.

The school has an impressive undergrad student loan default rate. It’s only 0.7%, 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 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on General Business/Commerce at University of Notre Dame

8
Oakland crest
Oakland University
Rochester Hills, Michigan

Oakland University came in at #8 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. This fairly large school is located in Rochester Hills, Michigan, and it awarded 63 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at Oakland, the school also landed the #16 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. It costs about $8,839 for Great Lakes Region General Business students whose families make $30-$48k per year to attend Oakland.

The low undergrad student loan default rate of 3.6% 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%.

Read full report on General Business/Commerce at Oakland

9

Indiana University - Northwest ranked #9 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. This small school is located in Gary, Indiana, and it awarded 90 ’s general business degrees in 2020-2021.

The estimated yearly cost for Indiana University - Northwest is $3,534 for Great Lakes Region General Business students whose families make $30-$48k.

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

10
Ball State crest
Ball State University
Muncie, Indiana

With a ranking of #10, Ball State University did quite well on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Muncie, Indiana, this large public school handed out 289 diplomas to qualified ’s general business students in 2020-2021.

Ball State also made our “Best General Business/Commerce Schools in the Great Lakes Region” list, coming in at #10. It costs about $10,786 for Great Lakes Region General Business students whose families make $30-$48k per year to attend Ball State.

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 Ball State

11
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

Purdue University Fort Wayne landed the #11 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Purdue University Fort Wayne is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 222 ’s general business degrees to qualified students.

PFW also took the #20 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The yearly cost to attend PFW is $8,427 for Great Lakes Region General Business students whose families make $30-$48k.

Read more about General Business/Commerce at PFW

12

Indiana University - Kokomo ranked #12 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Kokomo, Indiana, this small public school awarded 116 diplomas to qualified ’s general business students in 2020-2021.

The estimated yearly cost for IU Kokomo is $6,875 for great lakes region general business students whose families make $30-$48k.

Read full report on General Business/Commerce at IU Kokomo

13
Indiana University - Southeast crest
Indiana University - Southeast
New Albany, Indiana

Indiana University - Southeast landed the #13 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. New Albany, Indiana is the setting for this small institution of higher learning. The public school handed out ’s general business degrees to 211 students in 2020-2021.

As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #21 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The yearly cost to attend Indiana University - Southeast is $8,556 for Great Lakes Region General Business students whose families make $30-$48k.

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

14
LCC crest
Lansing Community College
Lansing, Michigan

Lansing Community College came in at #14 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. LCC is a public institution located in Lansing, Michigan. The school has a fairly large population, and it awarded 17 ’s degrees in 2020-2021.

The yearly cost to attend LCC is $6,081 for great lakes region general business students whose families make $30-$48k.

Read full report on General Business/Commerce at LCC

15

University of Wisconsin - Whitewater ranked #15 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out ’s general business degrees to 284 students in 2020-2021.

In addition to being on our great lakes region general business students whose families make $30-$48k list, UW - Whitewater has also earned the #11 rank in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - Whitewater is $10,390 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at University of Wisconsin - Whitewater

16
Grand Rapids Community College crest
Grand Rapids Community College
Grand Rapids, Michigan

Grand Rapids Community College landed the #16 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. This fairly large school is located in Grand Rapids, Michigan, and it awarded 73 ’s general business degrees in 2020-2021.

It costs about $7,218 for Great Lakes Region General Business students whose families make $30-$48k per year to attend Grand Rapids Community College.

Read full report on General Business/Commerce at Grand Rapids Community College

17
Henry Ford College crest
Henry Ford College
Dearborn, Michigan

Henry Ford College came in at #17 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Dearborn, Michigan, this fairly large public school awarded 19 degrees to qualified ’s general business students in 2020-2021.

It costs about $3,019 for great lakes region general business students whose families make $30-$48k per year to attend Henry Ford College.

Read more about General Business/Commerce at Henry Ford College

18
Schoolcraft College crest
Schoolcraft College
Livonia, Michigan

Schoolcraft College landed the #18 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Schoolcraft College is a public institution located in Livonia, Michigan. The school has a medium-sized population, and it awarded 25 ’s degrees in 2020-2021.

The yearly cost to attend Schoolcraft College is $6,776 for Great Lakes Region General Business students whose families make $30-$48k.

Full Schoolcraft College General Business/Commerce Report

19

North Central State College ranked #19 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Mansfield, Ohio, this small public school handed out 33 degrees to qualified ’s general business students in 2020-2021.

The estimated yearly cost for North Central State College is $4,790 for Great Lakes Region General Business students whose families make $30-$48k.

Read full report on General Business/Commerce at North Central State College

20

James A Rhodes State College ranked #20 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Lima, Ohio, this small public school handed out 55 degrees to qualified ’s general business students in 2020-2021.

The estimated yearly cost for James A Rhodes State College is $9,344 for Great Lakes Region General Business students whose families make $30-$48k.

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.

Read more about General Business/Commerce at Rhodes State College

21

With a ranking of #21, Youngstown State University did quite well on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. This fairly large school is located in Youngstown, Ohio, and it awarded 51 ’s general business degrees in 2020-2021.

The estimated yearly cost for Youngstown State University is $9,972 for Great Lakes Region General Business students whose families make $30-$48k.

Full Youngstown State University General Business/Commerce Report

22
GVSU crest
Grand Valley State University
Allendale, Michigan

Grand Valley State University ranked #22 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Grand Valley State University is a large school located in Allendale, Michigan that handed out 126 ’s general business degrees in 2020-2021.

As a testament to the quality of education offered at GVSU, the school also landed the #18 spot in our “Best General Business/Commerce Schools in the Great Lakes Region” ranking. The yearly cost to attend GVSU is $11,026 for Great Lakes Region General Business students whose families make $30-$48k.

The low undergrad student loan default rate of 2.7% 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 more about General Business/Commerce at Grand Valley State University

23
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University landed the #23 spot on the 2023 Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in East Lansing, Michigan, this large public school awarded 120 diplomas to qualified ’s general business students in 2020-2021.

Michigan State also made our “Best General Business/Commerce Schools in the Great Lakes Region” list, coming in at #9. It costs about $15,170 for great lakes region general business students whose families make $30-$48k per year to attend Michigan State.

The low undergrad student loan default rate of 2.6% 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.

Full Michigan State University General Business/Commerce Report

24
Vincennes University crest
Vincennes University
Vincennes, Indiana

Vincennes University came in at #24 in this year’s edition of the Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Vincennes, Indiana, this fairly large public school handed out 34 degrees to qualified ’s general business students in 2020-2021.

It costs about $10,531 for great lakes region general business students whose families make $30-$48k per year to attend Vincennes University.

Read full report on General Business/Commerce at Vincennes University

25
Lake Superior State University crest
Lake Superior State University
Sault Ste Marie, Michigan

Lake Superior State University ranked #25 on this year’s Best Value General Business Schools in the Great Lakes Region For Those Making $30-$48k list. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out ’s general business degrees to 27 students in 2020-2021.

The estimated yearly cost for Lake Superior State University is $9,967 for Great Lakes Region General Business students whose families make $30-$48k.

Full Lake Superior State University General Business/Commerce Report

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