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2023 Best Value Colleges for Medicine (Income $48-$75k) in the Great Lakes Region

17 Ranked Colleges
4,784 Degrees Awarded
Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k” ranking - to help you make that decision.

Medicine is the 40th most popular major in the country with 28,629 degrees awarded in 2020-2021. In 2019-2020, medicine graduates who were awarded their degree in 2017-2019, earned an average of $57,621 and had an average of $16,640 in loans still to pay off.

Across the Great Lakes region, there were 4,784 medicine graduates with average earnings and debt of $57,332 and $0 respectively.

For this year’s “Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k” ranking, we looked at 17 colleges that offer a degree in medicine. This ranking identifies schools with high-quality medicine 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 medicine 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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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 Medicine Schools in the Great Lakes Region For Those Making $48-$75k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k.

Top 17 Best Value Colleges for Medicine (Income $48-$75k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 158 ’s medicine degrees to qualified students.

Northwestern also took the #1 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The yearly cost to attend Northwestern University is $5,849 for Great Lakes Region Medicine students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Medicine at Northwestern University

2
UChicago crest
University of Chicago
Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 80 ’s degrees in 2020-2021.

As a testament to the quality of education offered at UChicago, the school also landed the #4 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The yearly cost to attend UChicago is $8,375 for great lakes region medicine 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 school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.

Read more about Medicine at University of Chicago

3

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 169 ’s medicine degrees in 2020-2021.

U-M also took the #8 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $10,481 for Great Lakes Region Medicine students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The low undergrad student loan default rate of 1.3% 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 Medicine at University of Michigan - Ann Arbor

4

Out of the 17 schools in the Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out ’s medicine degrees to 167 students in 2020-2021.

As a testament to the quality of education offered at UW - Madison, the school also landed the #7 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. It costs about $10,364 for Great Lakes Region Medicine 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Full UW - Madison Medicine Report

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 Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. Located in Indianapolis, Indiana, this large public school awarded 345 degrees to qualified ’s medicine students in 2020-2021.

As a testament to the quality of education offered at IUPUI, the school also landed the #14 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The yearly cost to attend IUPUI is $13,306 for Great Lakes Region Medicine students whose families make $48-$75k.

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 more about Medicine at Indiana University - Purdue University - Indianapolis

6

With a ranking of #6, University of Illinois at Chicago did quite well on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. UIC is located in Chicago, Illinois and, has a large student population. In 2020-2021, this school awarded 291 ’s medicine degrees to qualified students.

UIC did well in our major quality rankings, too. It placed #10 on our “Best Medicine Schools in the Great Lakes Region” list. The yearly cost to attend University of Illinois at Chicago is $14,105 for great lakes region medicine 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%.

Full UIC Medicine Report

7
Oakland crest
Oakland University
Rochester Hills, Michigan

With a ranking of #7, Oakland University did quite well on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 117 ’s medicine degrees in 2020-2021.

Oakland also took the #18 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. It costs about $12,008 for great lakes region medicine students whose families make $48-$75k per year to attend Oakland University.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Medicine at Oakland University

8

Ohio State University - Main Campus landed the #8 spot on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Columbus, Ohio, this large public school handed out 203 degrees to qualified ’s medicine students in 2020-2021.

Ohio State did well in our major quality rankings, too. It placed #11 on our “Best Medicine Schools in the Great Lakes Region” list. It costs about $13,273 for Great Lakes Region Medicine students whose families make $48-$75k per year to attend Ohio State University - Main Campus.

With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. 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%.

Full Ohio State Medicine Report

9
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University landed the #9 spot on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out ’s medicine degrees to 467 students in 2020-2021.

As a testament to the quality of education offered at Michigan State, the school also landed the #3 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State is $20,557 for great lakes region medicine students whose families make $48-$75k.

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

Read more about Medicine at Michigan State University

10
Wayne State crest
Wayne State University
Detroit, Michigan

Wayne State University came in at #10 in this year’s edition of the Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. Wayne State University is located in Detroit, Michigan and, has a large student population. In 2020-2021, this school awarded 283 ’s medicine degrees to qualified students.

Wayne State did well in our major quality rankings, too. It placed #16 on our “Best Medicine Schools in the Great Lakes Region” list. The estimated yearly cost for Wayne State University is $13,612 for great lakes region medicine students whose families make $48-$75k.

Read more about Medicine at Wayne State University

11

Case Western Reserve University ranked #11 on this year’s Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. Case Western is located in Cleveland, Ohio and, has a fairly large student population. In 2020-2021, this school awarded 205 ’s medicine degrees to qualified students.

Case Western also took the #6 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The yearly cost to attend Case Western Reserve University is $19,864 for Great Lakes Region Medicine students whose families make $48-$75k.

With a freshman retention rate of 93%, 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 Case Western Reserve University Medicine Report

12
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University landed the #12 spot on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 90 ’s degrees in 2020-2021.

Central Michigan not only placed well in this ranking. It is also #19 on our “Best Medicine Schools in the Great Lakes Region” list. The yearly cost to attend Central Michigan is $15,720 for Great Lakes Region Medicine students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.

Full Central Michigan University Medicine Report

13

Southern Illinois University Carbondale ranked #13 on this year’s Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. SIUC is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 69 ’s degrees in 2020-2021.

In addition to being on our great lakes region medicine students whose families make $48-$75k list, SIUC has also earned the #20 rank in our “Best Medicine Schools in the Great Lakes Region” ranking. The estimated yearly cost for SIUC is $14,499 for great lakes region medicine students whose families make $48-$75k.

Full SIUC Medicine Report

14
University of Toledo crest
University of Toledo
Toledo, Ohio

University of Toledo landed the #14 spot on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. Toledo, Ohio is the setting for this fairly large institution of higher learning. The public school handed out ’s medicine degrees to 168 students in 2020-2021.

As a testament to the quality of education offered at University of Toledo, the school also landed the #17 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. It costs about $17,555 for great lakes region medicine students whose families make $48-$75k per year to attend University of Toledo.

Read full report on Medicine at University of Toledo

15

University of Cincinnati - Main Campus landed the #15 spot on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Cincinnati, Ohio, this large public school awarded 175 degrees to qualified ’s medicine students in 2020-2021.

UC also made our “Best Medicine Schools in the Great Lakes Region” list, coming in at #15. The estimated yearly cost for UC is $20,867 for Great Lakes Region Medicine students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students.

Full UC Medicine Report

16

With a ranking of #16, Wright State University - Main Campus did quite well on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k list. Wright State University - Main Campus is a fairly large school located in Dayton, Ohio that handed out 121 ’s medicine degrees in 2020-2021.

Wright State University - Main Campus also took the #21 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The estimated yearly cost for Wright State University - Main Campus is $16,871 for great lakes region medicine students whose families make $48-$75k.

Read full report on Medicine at Wright State University - Main Campus

17
Loyola Chicago crest
Loyola University Chicago
Chicago, Illinois

Loyola University Chicago landed the #17 spot on the 2023 Best Value Medicine Schools in the Great Lakes Region For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s medicine degrees to 167 students in 2020-2021.

Loyola Chicago also took the #9 spot in our “Best Medicine Schools in the Great Lakes Region” ranking. The estimated yearly cost for Loyola University Chicago is $32,229 for great lakes region medicine students whose families make $48-$75k.

With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. 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 full report on Medicine at Loyola Chicago

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Notes and References

References

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