2022 Best Value Colleges for Applied Economics (Income $48-$75k) in Michigan

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Applied Economics Schools in Michigan For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

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

Across Michigan, there were 52 applied economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Applied Economics Schools in Michigan For Those Making $48-$75k” ranking looked at 2 colleges that offer degrees in a bachelor’s in applied economics. The schools that top this list are recognized because they have great applied economics programs and cost less that 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. For more information, check out our ranking methodology.

More Ways to Rank Applied Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Applied Economics Schools in Michigan For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Economics Schools in Michigan For Those Making $48-$75k

The colleges and universities below are the best for michigan applied economics students whose families make $48-$75k.

Top 2 Best Value Colleges for Applied Economics (Income $48-$75k) in Michigan

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$10,028 Average Net Price

$56,526 Average Early-Career Earnings

Out of the 2 schools in the Best Value Applied Economics Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a large school located in Ann Arbor, Michigan that handed out 46 ’s applied economics degrees in 2019-2020.

As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Applied Economics Schools in Michigan” ranking. The estimated yearly cost for U-M is $10,028 for Michigan Applied Economics students whose families make $48-$75k.

The student loan default rate at the school is 1.2%, 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 96%.

Read more about Applied Economics at University of Michigan - Ann Arbor

#2

Eastern Michigan University

Ypsilanti, Michigan

#2 in overall quality

$16,042 Average Net Price

$40,047 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Eastern Michigan University. The school came in at #2 for the Best Value Applied Economics Schools in Michigan For Those Making $48-$75k. Eastern Michigan is a fairly large public school situated in Ypsilanti, Michigan. It awarded 5 ’s applied economics degrees in 2019-2020.

Eastern Michigan did well in our major quality rankings, too. It placed #2 on our “Best Applied Economics Schools in Michigan” list. The estimated yearly cost for Eastern Michigan University is $16,042 for michigan applied economics students whose families make $48-$75k.

Read more about Applied Economics at Eastern Michigan

• Best Value Colleges for Applied Economics (Income $48-$75k) in the Great Lakes Region
• Best Value Colleges for Applied Economics (Income $48-$75k)

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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