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2022 Best Value Doctor’s Degree Colleges for General Economics (Income $30-$48k) in the Great Lakes Region

8 Ranked Colleges
58 Degrees Awarded
$31,800 Avg Grad Tuition & Fees*
Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. 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 General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k” ranking is part of that endeavor.

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

Across the Great Lakes region, there were 4,035 general economics graduates with average earnings and debt of $0 and $0 respectively. At the doctor’s degree level specifically, there were 58 general economics graduates with average earnings and debt of $74,428 and $121,375 respectively.

For this year’s “Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 8 colleges that offer 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.

Some of the factors we look at when determining these rankings are overall quality of the general economics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank General Economics Schools

The general economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region doctor’s degree general economics students whose families make $30-$48k.

Top 8 Best Value Doctor’s Degree Colleges for General Economics (Income $30-$48k) in the Great Lakes Region

#1 in overall quality

Out of the 8 schools in the Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k 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 20 doctorate’s general economics degrees in 2019-2020.

U-M not only placed well in this ranking. It is also #1 on our “Best General Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.

Read more about General Economics at U-M

#2

Indiana University - Bloomington

Bloomington, Indiana
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #2 for the Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 9 doctorate’s degrees in 2019-2020.

IU Bloomington not only placed well in this ranking. It is also #3 on our “Best General Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but some majors have different tuition rates.

Full IU Bloomington General Economics Report

#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #3 for the Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k. Ohio State is a large public school situated in Columbus, Ohio. It awarded 3 doctorate’s general economics degrees in 2019-2020.

Ohio State not only placed well in this ranking. It is also #2 on our “Best General Economics Doctor’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 University - Main Campus are $37,141.

Full Ohio State University - Main Campus General Economics Report

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #4 for the Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k. IUPUI is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 1 doctorate’s degrees in 2019-2020.

As a testament to the quality of education offered at IUPUI, the school also landed the #6 spot in our “Best General Economics Doctor’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 Indiana University - Purdue University - Indianapolis are $26,013.

Full IUPUI General Economics Report

#4 in overall quality

Out of the 8 schools in the Best Value General Economics Schools for a Doctorate 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 #5 spot on the list. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 10 doctorate’s general economics degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #4 on our “Best General Economics Doctor’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 University of Illinois at Chicago are $27,036.

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

#6

Northern Illinois University

Dekalb, Illinois
#7 in overall quality

Northern Illinois University landed the #6 spot on the 2022 Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k ranking. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 2 doctorate’s general economics degrees to qualified students.

In addition to being on our great lakes region doctor’s degree general economics students whose families make $30-$48k list, NIU has also earned the #7 rank in our “Best General Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Full NIU General Economics Report

#5 in overall quality

Southern Illinois University Carbondale did quite well in the 2022 Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #7. Located in Carbondale, Illinois, this fairly large public school handed out 6 degrees to qualified doctorate’s general economics students in 2019-2020.

SIUC did well in our major quality rankings, too. It placed #5 on our “Best General Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at SIUC are $32,928, but some majors have different tuition rates.

Full SIUC General Economics Report

#8

Wayne State University

Detroit, Michigan
#6 in overall quality

Wayne State University ranked #8 on this year’s Best Value General Economics Schools for a Doctorate in the Great Lakes Region For Those Making $30-$48k list. Wayne State is a large public school situated in Detroit, Michigan. It awarded 7 doctorate’s general economics degrees in 2019-2020.

Wayne State did well in our major quality rankings, too. It placed #6 on our “Best General Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Wayne State University are $37,215, but some majors have different tuition rates.

Full Wayne State General 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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