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2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

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 $30-$48k

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 $30-$48k” ranking is part of that endeavor.

In 2019-2020, 652 people earned their degree in applied economics, making the major the 497th most popular in the United States.

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.

This year’s “Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking looked at 5 colleges that offer degrees in a bachelor’s in applied economics. This ranking identifies schools with high-quality applied economics programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the applied economics program at the school. 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 $30-$48k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

The following schools top our list of the Best Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k.

Top 5 Best Value Master’s Degree Colleges for Applied Economics (Income $30-$48k) in the Great Lakes Region

#1 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 46 masters’s applied economics degrees to qualified students.

As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.

Full University of Michigan - Ann Arbor Applied Economics Report

#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 $30-$48k that were part of this year’s ranking, University of Wisconsin - Whitewater landed the #2 spot on the list. University of Wisconsin - Whitewater is a public institution located in Whitewater, Wisconsin. The school has a fairly large population, and it awarded 2 masters’s degrees in 2019-2020.

UW - Whitewater also made our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #3. 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 $30-$48k 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 did well in our major quality rankings, too. It placed #0 on our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read full report on Applied Economics at University of Illinois at Chicago

#4

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 #4 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Ypsilanti, Michigan, this fairly large public school handed out 5 diplomas to qualified masters’s applied economics students in 2019-2020.

Eastern Michigan also made our “Best Applied Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #4. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Eastern Michigan University are $26,552.

Full Eastern Michigan Applied Economics Report

#5

Marquette University

Milwaukee, Wisconsin
#2 in overall quality

You’ll be in good company if you decide to attend Marquette University. It ranked #5 on our 2022 Best Value Applied Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Milwaukee, Wisconsin, this fairly large private not-for-profit school handed out 11 degrees to qualified masters’s applied economics students in 2019-2020.

In addition to being on our great lakes region master’s degree applied economics students whose families make $30-$48k list, Marquette has also earned the #2 rank 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 Marquette are $21,690.

Read more about Applied Economics at Marquette 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 pixabay.

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