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2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

5 Ranked Colleges
66 Degrees Awarded
$29,000 Avg Grad Tuition & Fees*
Best Value Applied Economics Schools for a Master's in the Great Lakes Region For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking is part of that endeavor.

Applied Economics is the 497th most popular major in the country with 652 degrees awarded in 2019-2020.

Across the Great Lakes region, there were 80 applied economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 66 applied economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking, we looked at 5 colleges that offer a degree in applied economics. Not only do the schools that top this list have excellent applied economics 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 applied economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

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

Top 5 Best Value Master’s Degree Colleges for Applied Economics (Income $0-$30k) in the Great Lakes Region

#1 in overall quality

Out of the 5 schools in the Best Value Applied Economics 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 Michigan - Ann Arbor landed the #1 spot on the list. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 46 masters’s applied economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree applied economics students whose families make $0-$30k list, U-M has also earned the #1 rank in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Read full report on Applied Economics at U-M

#3 in overall quality

Out of the 5 schools in the Best Value Applied Economics 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 Wisconsin - Whitewater landed the #2 spot on the list. UW - Whitewater is a fairly large school located in Whitewater, Wisconsin that handed out 2 masters’s applied economics degrees in 2019-2020.

UW - Whitewater also took the #3 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200, but you may pay more or less depending on your major.

Full University of Wisconsin - Whitewater Applied Economics Report

Out of the 5 schools in the Best Value Applied Economics 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 Illinois at Chicago landed the #3 spot on the list. This large school is located in Chicago, Illinois, and it awarded 1 masters’s applied economics degrees in 2019-2020.

UIC also took the #0 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Chicago are $27,036.

Full University of Illinois at Chicago Applied Economics Report

#4

Marquette University

Milwaukee, Wisconsin
#2 in overall quality

Out of the 5 schools in the Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Marquette University landed the #4 spot on the list. Marquette University is located in Milwaukee, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 11 masters’s applied economics degrees to qualified students.

Marquette also took the #2 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Marquette University are $21,690, but some majors have different tuition rates.

Full Marquette University Applied Economics Report

#5

Eastern Michigan University

Ypsilanti, Michigan
#4 in overall quality

You’ll be in good company if you decide to attend Eastern Michigan University. It ranked #5 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Located in Ypsilanti, Michigan, this fairly large public school awarded 5 degrees to qualified masters’s applied economics students in 2019-2020.

As a testament to the quality of education offered at Eastern Michigan, the school also landed the #4 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Eastern Michigan University are $26,552, but some majors have different tuition rates.

Full Eastern Michigan Applied Economics Report

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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 pixabay.

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