2022 Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. 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 General Economics Schools for a Master’s in Michigan For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.

Across Michigan, there were 1,223 general economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 52 general economics graduates with average earnings and debt of $58,608 and $41,198 respectively.

This year’s “Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k” ranking analyzed 4 colleges that offered a degree in general economics. Not only do the schools that top this list have excellent general 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 general economics program at the school. See our ranking methodology to learn more.

More Ways to Rank General Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k

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

Top 4 Best Value Master’s Degree Colleges for General Economics (Income $0-$30k) in Michigan

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$49,548 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k list. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 17 masters’s general 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 General Economics Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548.

Read full report on General Economics at University of Michigan - Ann Arbor

#2

Central Michigan University

Mount Pleasant, Michigan

#2 in overall quality

$19,359 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #2 for the Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k. Central Michigan is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 14 masters’s general economics degrees to qualified students.

Central Michigan also made our “Best General Economics Master’s Degree Schools in Michigan” list, coming in at #2. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Central Michigan University are $19,359.

Read more about General Economics at Central Michigan University

#3

University of Detroit Mercy

Detroit, Michigan

$20,047 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, University of Detroit Mercy landed the #3 spot on the list. Located in Detroit, Michigan, this small private not-for-profit school awarded 5 diplomas to qualified masters’s general economics students in 2019-2020.

Detroit Mercy did well in our major quality rankings, too. It placed #0 on our “Best General Economics Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at University of Detroit Mercy are $20,047, but some majors have different tuition rates.

Full University of Detroit Mercy General Economics Report

#4

Wayne State University

Detroit, Michigan

#3 in overall quality

$37,215 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value General Economics Schools for a Master’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Wayne State University landed the #4 spot on the list. Located in Detroit, Michigan, this large public school awarded 16 diplomas to qualified masters’s general economics students in 2019-2020.

Wayne State also took the #3 spot in our “Best General Economics Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Wayne State are $37,215, but you may pay more or less depending on your major.

Read full report on General Economics at Wayne State University

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

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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