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

17 Ranked Colleges
130 Degrees Awarded
$24,700 Avg Grad Tuition & Fees*
Best Value General 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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking.

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 master’s degree level specifically, there were 130 general economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 17 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 General 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 General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k.

Top 17 Best Value Master’s Degree Colleges for General Economics (Income $30-$48k) in the Great Lakes Region

#1 in overall quality

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 the Great Lakes Region For Those Making $30-$48k list. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 17 students in 2019-2020.

In addition to being on our great lakes region master’s degree general economics students whose families make $30-$48k list, U-M has also earned the #1 rank in our “Best General 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 U-M are $49,548.

Read full report on General Economics at U-M

#2

Indiana University - Bloomington

Bloomington, Indiana
#3 in overall quality

Out of the 17 schools in the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Bloomington landed the #2 spot on the list. Indiana University - Bloomington is a large public school situated in Bloomington, Indiana. It awarded 9 masters’s general economics degrees in 2019-2020.

IU Bloomington also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #3. Although you might pay more or less depending on your area of study, average graduate tuition and fees at IU Bloomington are $33,338.

Read more about General Economics at IU Bloomington

#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 Master’s in the Great Lakes Region For Those Making $30-$48k. Located in Columbus, Ohio, this large public school awarded 7 diplomas to qualified masters’s general economics students in 2019-2020.

Ohio State did well in our major quality rankings, too. It placed #2 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ohio State are $37,141, but you may pay more or less depending on your major.

Read more about General Economics at Ohio State

#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 Master’s in the Great Lakes Region For Those Making $30-$48k. IUPUI is a large public school situated in Indianapolis, Indiana. It awarded 5 masters’s general economics degrees in 2019-2020.

IUPUI not only placed well in this ranking. It is also #6 on our “Best General 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 IUPUI are $26,013.

Read more about General Economics at Indiana University - Purdue University - Indianapolis

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #5 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 2 students in 2019-2020.

UIC also took the #0 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but you may pay more or less depending on your major.

Read more about General Economics at UIC

#6

Eastern Illinois University

Charleston, Illinois
#10 in overall quality

Eastern Illinois University ranked #6 on this year’s Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Eastern Illinois University is a medium-sized public school situated in Charleston, Illinois. It awarded 11 masters’s general economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general economics students whose families make $30-$48k list, EIU has also earned the #10 rank in our “Best General 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 Illinois University are $20,761.

Full EIU General Economics Report

#7

University of Detroit Mercy

Detroit, Michigan
#4 in overall quality

University of Detroit Mercy came in at #7 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Detroit Mercy is a private not-for-profit institution located in Detroit, Michigan. The school has a small population, and it awarded 5 masters’s degrees in 2019-2020.

Detroit Mercy also took the #4 spot in our “Best General 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 Detroit Mercy are $20,047.

Read full report on General Economics at University of Detroit Mercy

#8

Youngstown State University

Youngstown, Ohio
#15 in overall quality

With a ranking of #8, Youngstown State University did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Youngstown State University is located in Youngstown, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 12 masters’s general economics degrees to qualified students.

Youngstown State University also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #15. Average graduate tuition and fees at Youngstown State University are $9,495, but you may pay more or less depending on your major.

Read more about General Economics at Youngstown State University

#9

Central Michigan University

Mount Pleasant, Michigan
#7 in overall quality

Central Michigan University landed the #9 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 14 masters’s general economics degrees in 2019-2020.

Central Michigan also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #7. Average graduate tuition and fees at Central Michigan are $19,359, but some majors have different tuition rates.

Read more about General Economics at Central Michigan University

#10

Northern Illinois University

Dekalb, Illinois
#12 in overall quality

With a ranking of #10, Northern Illinois University did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s general economics degrees to 4 students in 2019-2020.

In addition to being on our great lakes region master’s degree general economics students whose families make $30-$48k list, NIU has also earned the #12 rank in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.

Full Northern Illinois University General Economics Report

#8 in overall quality

Southern Illinois University Carbondale came in at #11 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This fairly large school is located in Carbondale, Illinois, and it awarded 4 masters’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at SIUC, the school also landed the #8 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.

Full SIUC General Economics Report

#12

Wayne State University

Detroit, Michigan
#9 in overall quality

Wayne State University landed the #12 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Wayne State University is a large public school situated in Detroit, Michigan. It awarded 16 masters’s general economics degrees in 2019-2020.

Wayne State did well in our major quality rankings, too. It placed #9 on our “Best General Economics Master’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.

Read full report on General Economics at Wayne State University

#13

Western Illinois University

Macomb, Illinois
#11 in overall quality

Western Illinois University came in at #13 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 4 masters’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at WIU, the school also landed the #11 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Western Illinois University are $11,996, but some majors have different tuition rates.

Read more about General Economics at Western Illinois University

#5 in overall quality

Bowling Green State University - Main Campus landed the #14 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Bowling Green State University - Main Campus is a fairly large school located in Bowling Green, Ohio that handed out 5 masters’s general economics degrees in 2019-2020.

BGSU also took the #5 spot in our “Best General 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 BGSU are $15,823.

Read full report on General Economics at Bowling Green State University - Main Campus

#15

University of Toledo

Toledo, Ohio
#14 in overall quality

With a ranking of #15, University of Toledo did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Toledo, Ohio is the setting for this fairly large institution of higher learning. The public school handed out masters’s general economics degrees to 10 students in 2019-2020.

University of Toledo did well in our major quality rankings, too. It placed #14 on our “Best General 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 University of Toledo are $27,067.

Read more about General Economics at University of Toledo

#16

Cleveland State University

Cleveland, Ohio
#13 in overall quality

Cleveland State University did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #16. Cleveland State University is a fairly large school located in Cleveland, Ohio that handed out 4 masters’s general economics degrees in 2019-2020.

Cleveland State University did well in our major quality rankings, too. It placed #13 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Cleveland State University are $17,622, but some majors have different tuition rates.

Full Cleveland State University General Economics Report

#17

Roosevelt University

Chicago, Illinois

Roosevelt University came in at #17 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Roosevelt University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 1 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general economics students whose families make $30-$48k list, Roosevelt has also earned the #0 rank in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Roosevelt University are $21,605, but some majors have different tuition rates.

Read more about General Economics at Roosevelt

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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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