2022 Best Value Master’s Degree Colleges for General Economics (Income $48-$75k) in the Great Lakes Region
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Master’s in the Great Lakes Region For Those Making $48-$75k” 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 master’s degree level specifically, there were 130 general economics graduates with average earnings and debt of $57,039 and $42,488 respectively.
This year’s “Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking looked at 17 colleges that offer degrees in a bachelor’s 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. See our ranking methodology to learn more.
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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 the Great Lakes Region For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that 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. 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 $48-$75k
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 $48-$75k.
Top 17 Best Value Master’s Degree Colleges for General Economics (Income $48-$75k) in the Great Lakes Region
Out of the 17 schools in the Best Value General Economics Schools for a Master’s in the Great Lakes Region 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. 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.
U-M not only placed well in this ranking. It is also #1 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 Michigan - Ann Arbor are $49,548.
You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Indiana University - Bloomington is located in Bloomington, Indiana and, has a large student population. In 2019-2020, this school awarded 9 masters’s general economics degrees to qualified students.
In addition to being on our great lakes region master’s degree general economics students whose families make $48-$75k list, IU Bloomington has also earned the #3 rank in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but you may pay more or less depending on your major.
Full Indiana University - Bloomington General Economics Report
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #3 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Columbus, Ohio, this large public school handed out 7 diplomas to qualified masters’s general economics students in 2019-2020.
Ohio State not only placed well in this ranking. It is also #2 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but some majors have different tuition rates.
Read more about General Economics at Ohio State University - Main Campus
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 2 masters’s general economics degrees in 2019-2020.
UIC also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.
Full University of Illinois at Chicago General Economics Report
You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #5 on our 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. IUPUI is a large public school situated in Indianapolis, Indiana. It awarded 5 masters’s general economics degrees in 2019-2020.
IUPUI did well in our major quality rankings, too. It placed #6 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at IUPUI are $26,013, but you may pay more or less depending on your major.
University of Detroit Mercy came in at #6 in this year’s edition of the Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Detroit, Michigan, and it awarded 5 masters’s general economics 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. Average graduate tuition and fees at University of Detroit Mercy are $20,047, but some majors have different tuition rates.
Eastern Illinois University 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 $48-$75k ranking. EIU is a public institution located in Charleston, Illinois. The school has a medium-sized population, and it awarded 11 masters’s degrees in 2019-2020.
In addition to being on our great lakes region master’s degree general economics students whose families make $48-$75k 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.
Read full report on General Economics at Eastern Illinois University
Northern Illinois University did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #8. 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.
As a testament to the quality of education offered at NIU, the school also landed the #12 spot 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.
Read full report on General Economics at Northern Illinois University
Southern Illinois University Carbondale landed the #9 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Southern Illinois University Carbondale is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 4 masters’s degrees in 2019-2020.
SIUC did well in our major quality rankings, too. It placed #8 on our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.
Wayne State University ranked #10 on this year’s Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 16 students in 2019-2020.
Wayne State also took the #9 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 Wayne State are $37,215.
Read full report on General Economics at Wayne State University
With a ranking of #11, Central Michigan University did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 14 masters’s degrees in 2019-2020.
Central Michigan also took the #7 spot in our “Best General Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Central Michigan are $19,359, but you may pay more or less depending on your major.
Youngstown 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 $48-$75k ranking, coming in at #12. Youngstown, Ohio is the setting for this fairly large institution of higher learning. The public school handed out masters’s general economics degrees to 12 students in 2019-2020.
Youngstown State University did well in our major quality rankings, too. It placed #15 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 Youngstown State University are $9,495.
Western Illinois University landed the #13 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 4 masters’s 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 you may pay more or less depending on your major.
Bowling Green State University - Main Campus did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #14. 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.
Full Bowling Green State University - Main Campus General Economics Report
University of Toledo did quite well in the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #15. University of Toledo is a fairly large public school situated in Toledo, Ohio. It awarded 10 masters’s general economics degrees 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. Average graduate tuition and fees at University of Toledo are $27,067, but you may pay more or less depending on your major.
Read full report on General Economics at University of Toledo
Cleveland State University landed the #16 spot on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Cleveland State University is a fairly large public school situated in Cleveland, Ohio. It awarded 4 masters’s general economics degrees in 2019-2020.
Cleveland State University not only placed well in this ranking. It is also #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.
Read more about General Economics at Cleveland State University
With a ranking of #17, Roosevelt University did quite well on the 2022 Best Value General Economics Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Roosevelt University is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 1 masters’s general economics degrees to qualified students.
Roosevelt also made our “Best General Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Roosevelt are $21,605, but some majors have different tuition rates.
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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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