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2022 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in the Great Lakes Region

21 Ranked Colleges
618 Degrees Awarded
$29,300 Avg Grad Tuition & Fees*
Best Value Econometrics and Quantitative Economics Schools for a Master's in the Great Lakes Region For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking is part of that endeavor.

In 2019-2020, 15,671 people earned their degree in econometrics and quantitative economics, making the major the 66th most popular in the United States.

Across the Great Lakes region, there were 2,528 econometrics and quantitative economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 618 econometrics and quantitative economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 21 colleges that offer degrees in a bachelor’s in econometrics and quantitative economics. Not only do the schools that top this list have excellent econometrics and quantitative economics programs, but they also 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 econometrics and quantitative economics program at the school. Check out our ranking methodology for more information.

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

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Econometrics and Quantitative 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 econometrics and quantitative economics students whose families make $0-$30k.

Top 21 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. This large school is located in Evanston, Illinois, and it awarded 34 masters’s econometrics and quantitative economics degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #2 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.

Full Northwestern University Econometrics & Quantitative Economics Report

#2

University of Chicago

Chicago, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. UChicago is a fairly large school located in Chicago, Illinois that handed out 59 masters’s econometrics and quantitative economics degrees in 2019-2020.

UChicago also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #1. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.

Read full report on Econometrics & Quantitative Economics at UChicago

#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #3 for the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. This large school is located in Madison, Wisconsin, and it awarded 156 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at UW - Madison, the school also landed the #4 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.

Full University of Wisconsin - Madison Econometrics & Quantitative Economics Report

#4

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #4 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. This fairly large school is located in Notre Dame, Indiana, and it awarded 26 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #3 spot in our “Best Econometrics & Quantitative 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 Notre Dame are $57,522.

Read more about Econometrics & Quantitative Economics at University of Notre Dame

#5 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #5 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 76 masters’s degrees in 2019-2020.

UIUC also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #5. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read more about Econometrics & Quantitative Economics at University of Illinois at Urbana-Champaign

#6

Purdue University - Main Campus

West Lafayette, Indiana
#6 in overall quality

With a ranking of #6, Purdue University - Main Campus did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s econometrics and quantitative economics degrees to 19 students in 2019-2020.

Purdue also took the #6 spot in our “Best Econometrics & Quantitative 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 Purdue are $28,794.

Full Purdue Econometrics & Quantitative Economics Report

#7 in overall quality

With a ranking of #7, Ohio State University - Main Campus did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Located in Columbus, Ohio, this large public school awarded 22 degrees to qualified masters’s econometrics and quantitative economics students in 2019-2020.

Ohio State did well in our major quality rankings, too. It placed #7 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ohio State are $37,141.

Full Ohio State University - Main Campus Econometrics & Quantitative Economics Report

#8

Michigan State University

East Lansing, Michigan
#9 in overall quality

Michigan State University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #8. Michigan State University is located in East Lansing, Michigan and, has a large student population. In 2019-2020, this school awarded 9 masters’s econometrics and quantitative economics degrees to qualified students.

Michigan State did well in our major quality rankings, too. It placed #9 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Michigan State University are $37,056, but you may pay more or less depending on your major.

Full Michigan State University Econometrics & Quantitative Economics Report

#11 in overall quality

With a ranking of #9, University of Illinois at Chicago did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 11 masters’s econometrics and quantitative economics degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #11 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read more about Econometrics & Quantitative Economics at UIC

#8 in overall quality

Miami University - Oxford came in at #10 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Miami University - Oxford is a public institution located in Oxford, Ohio. The school has a fairly large population, and it awarded 17 masters’s degrees in 2019-2020.

Miami University - Oxford also took the #8 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Miami University - Oxford are $31,697, but you may pay more or less depending on your major.

Read more about Econometrics & Quantitative Economics at Miami University - Oxford

#11

University of Wisconsin - Milwaukee

Milwaukee, Wisconsin
#14 in overall quality

University of Wisconsin - Milwaukee landed the #11 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. UWM is located in Milwaukee, Wisconsin and, has a large student population. In 2019-2020, this school awarded 15 masters’s econometrics and quantitative economics degrees to qualified students.

UWM also took the #14 spot in our “Best Econometrics & Quantitative 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 Wisconsin - Milwaukee are $25,295.

Full University of Wisconsin - Milwaukee Econometrics & Quantitative Economics Report

#12

Illinois State University

Normal, Illinois
#16 in overall quality

Illinois State University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #12. This large school is located in Normal, Illinois, and it awarded 14 masters’s econometrics and quantitative economics degrees in 2019-2020.

Illinois State also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Illinois State are $11,069.

Read full report on Econometrics & Quantitative Economics at Illinois State

#13

Western Michigan University

Kalamazoo, Michigan
#13 in overall quality

Western Michigan University came in at #13 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. WMU is located in Kalamazoo, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 11 masters’s econometrics and quantitative economics degrees to qualified students.

As a testament to the quality of education offered at WMU, the school also landed the #13 spot in our “Best Econometrics & Quantitative 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 WMU are $31,355.

Full WMU Econometrics & Quantitative Economics Report

#12 in overall quality

University of Cincinnati - Main Campus landed the #14 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. This large school is located in Cincinnati, Ohio, and it awarded 28 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at UC, the school also landed the #12 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UC are $26,644, but you may pay more or less depending on your major.

Read full report on Econometrics & Quantitative Economics at University of Cincinnati - Main Campus

#15

Western Illinois University

Macomb, Illinois
#18 in overall quality

Western Illinois University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #15. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out masters’s econometrics and quantitative economics degrees to 6 students in 2019-2020.

WIU not only placed well in this ranking. It is also #18 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at WIU are $11,996.

Read more about Econometrics & Quantitative Economics at WIU

#16

Eastern Michigan University

Ypsilanti, Michigan
#17 in overall quality

With a ranking of #16, Eastern Michigan University did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 4 masters’s degrees in 2019-2020.

Eastern Michigan also took the #17 spot in our “Best Econometrics & Quantitative 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 Eastern Michigan University are $26,552.

Read full report on Econometrics & Quantitative Economics at Eastern Michigan

#10 in overall quality

Ohio University - Athens Campus came in at #17 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. OHIO Athens is a large school located in Athens, Ohio that handed out 60 masters’s econometrics and quantitative economics degrees in 2019-2020.

OHIO Athens not only placed well in this ranking. It is also #10 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at OHIO Athens are $17,712.

Read more about Econometrics & Quantitative Economics at Ohio University - Athens Campus

#19 in overall quality

Kent State University at Kent did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #18. Kent State is a public institution located in Kent, Ohio. The school has a large population, and it awarded 4 masters’s degrees in 2019-2020.

Kent State not only placed well in this ranking. It is also #19 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Kent State University at Kent are $21,952.

Full Kent State University at Kent Econometrics & Quantitative Economics Report

University of Akron Main Campus came in at #19 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Akron Main Campus is a fairly large school located in Akron, Ohio that handed out 3 masters’s econometrics and quantitative economics degrees in 2019-2020.

University of Akron Main Campus also took the #0 spot in our “Best Econometrics & Quantitative 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 Akron Main Campus are $15,217.

Full University of Akron Main Campus Econometrics & Quantitative Economics Report

#20

Valparaiso University

Valparaiso, Indiana

Valparaiso University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #20. Valpo is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 2 masters’s econometrics and quantitative economics degrees in 2019-2020.

Valpo not only placed well in this ranking. It is also #0 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Valparaiso University are $12,220, but you may pay more or less depending on your major.

Read more about Econometrics & Quantitative Economics at Valparaiso University

#21

DePaul University

Chicago, Illinois
#15 in overall quality

DePaul University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #21. This large school is located in Chicago, Illinois, and it awarded 29 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at DePaul, the school also landed the #15 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at DePaul are $19,760, but you may pay more or less depending on your major.

Full DePaul University Econometrics & Quantitative 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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