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2022 Best Value Bachelor’s Degree Colleges for General Economics (Income Over $110k) in the Great Lakes Region

88 Ranked Colleges
3,836 Degrees Awarded
$20,200 Avg Net Price*
Best Vallue General Economics Schools for a Bachelor's in the Great Lakes Region For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” ranking - to help you make that decision.

General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.

Across the Great Lakes region, there were 4,035 general economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 3,836 general economics graduates with average earnings and debt of $39,075 and $25,381 respectively.

This year’s “Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” ranking looked at 88 colleges that offer degrees in a bachelor’s in general economics. The schools that top this list are recognized because they have great general economics programs and 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.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k

The colleges and universities below are the best for great lakes region bachelor’s degree general economics students whose families make more than $110k.

Top 25 Best Value Bachelor’s Degree Colleges for General Economics (Income Over $110k) in the Great Lakes Region

#2 in overall quality

Out of the 88 schools in the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 586 bachelors’s degrees in 2019-2020.

U-M not only placed well in this ranking. It is also #2 on our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Michigan - Ann Arbor is $15,336 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.

Read more about General Economics at U-M

#2

University of Wisconsin - River Falls

River Falls, Wisconsin
#15 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - River Falls. The school came in at #2 for the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k. University of Wisconsin - River Falls is located in River Falls, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 17 bachelors’s general economics degrees to qualified students.

As a testament to the quality of education offered at UW - River Falls, the school also landed the #15 spot in our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UW - River Falls is $13,748 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Read more about General Economics at UW - River Falls

#14 in overall quality

Out of the 88 schools in the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k that were part of this year’s ranking, University of Wisconsin - La Crosse landed the #3 spot on the list. La Crosse, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general economics degrees to 45 students in 2019-2020.

UW - La Crosse also made our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #14. The yearly cost to attend UW - La Crosse is $14,580 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 1.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on General Economics at UW - La Crosse

#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 #4 for the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 566 bachelors’s degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree general economics students whose families make more than $110k list, UW - Madison has also earned the #4 rank in our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Madison is $17,708 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 0.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about General Economics at University of Wisconsin - Madison

Out of the 88 schools in the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k that were part of this year’s ranking, University of Wisconsin - Whitewater landed the #5 spot on the list. UW - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 25 bachelors’s general economics degrees to qualified students.

The estimated yearly cost for University of Wisconsin - Whitewater is $15,249 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

Full UW - Whitewater General Economics Report

With a ranking of #6, University of Wisconsin - Oshkosh did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. University of Wisconsin - Oshkosh is located in Oshkosh, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 4 bachelors’s general economics degrees to qualified students.

The yearly cost to attend UW Oshkosh is $15,463 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

Read more about General Economics at University of Wisconsin - Oshkosh

University of Wisconsin - Green Bay ranked #7 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Located in Green Bay, Wisconsin, this medium-sized public school awarded 4 diplomas to qualified bachelors’s general economics students in 2019-2020.

It costs about $14,395 for great lakes region bachelor’s degree general economics students whose families make more than $110k per year to attend University of Wisconsin - Green Bay.

Read more about General Economics at University of Wisconsin - Green Bay

#8

Indiana University - Bloomington

Bloomington, Indiana
#12 in overall quality

Indiana University - Bloomington came in at #8 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 133 bachelors’s degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree general economics students whose families make more than $110k list, IU Bloomington has also earned the #12 rank in our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend IU Bloomington is $13,253 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.

Read more about General Economics at Indiana University - Bloomington

#3 in overall quality

University of Illinois at Urbana-Champaign did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #9. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 436 bachelors’s general economics degrees to qualified students.

UIUC also took the #3 spot in our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $15,880 for great lakes region bachelor’s degree general economics students whose families make more than $110k per year to attend University of Illinois at Urbana-Champaign.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at UIUC

#10

University of Wisconsin - Stevens Point

Stevens Point, Wisconsin

University of Wisconsin - Stevens Point did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #10. This medium-sized school is located in Stevens Point, Wisconsin, and it awarded 8 bachelors’s general economics degrees in 2019-2020.

The estimated yearly cost for UW - Stevens Point is $14,465 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

Full University of Wisconsin - Stevens Point General Economics Report

#11

University of Wisconsin - Eau Claire

Eau Claire, Wisconsin

University of Wisconsin - Eau Claire ranked #11 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Located in Eau Claire, Wisconsin, this fairly large public school awarded 43 degrees to qualified bachelors’s general economics students in 2019-2020.

The yearly cost to attend UW - Eau Claire is $16,020 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

Read more about General Economics at UW - Eau Claire

#12

Beloit College

Beloit, Wisconsin

Beloit College came in at #12 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. This small school is located in Beloit, Wisconsin, and it awarded 13 bachelors’s general economics degrees in 2019-2020.

The yearly cost to attend Beloit is $11,433 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at Beloit College

#9 in overall quality

Ohio State University - Main Campus came in at #13 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Located in Columbus, Ohio, this large public school awarded 28 degrees to qualified bachelors’s general economics students in 2019-2020.

Ohio State also made our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #9. It costs about $17,616 for great lakes region bachelor’s degree general economics students whose families make more than $110k per year to attend Ohio State.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Full Ohio State General Economics Report

#14

University of Illinois at Springfield

Springfield, Illinois

University of Illinois at Springfield landed the #14 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Located in Springfield, Illinois, this small public school handed out 4 degrees to qualified bachelors’s general economics students in 2019-2020.

It costs about $12,477 for great lakes region bachelor’s degree general economics students whose families make more than $110k per year to attend University of Illinois at Springfield.

Full UIS General Economics Report

#15

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana came in at #15 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. University of Southern Indiana is a fairly large school located in Evansville, Indiana that handed out 18 bachelors’s general economics degrees in 2019-2020.

The yearly cost to attend USI is $13,437 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

The student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at USI

Indiana University - Purdue University - Indianapolis landed the #16 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. IUPUI is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 24 bachelors’s general economics degrees to qualified students.

It costs about $11,285 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k per year to attend IUPUI.

Full IUPUI General Economics Report

#17

Capital University

Columbus, Ohio

Capital University ranked #17 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Capital University is located in Columbus, Ohio and, has a small student population. In 2019-2020, this school awarded 3 bachelors’s general economics degrees to qualified students.

It costs about $22,642 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k per year to attend Capital University.

The low student loan default rate of 4.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Capital General Economics Report

University of Wisconsin - Parkside came in at #17 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. UW - Parkside is located in Kenosha, Wisconsin and, has a small student population. In 2019-2020, this school awarded 9 bachelors’s general economics degrees to qualified students.

The estimated yearly cost for UW - Parkside is $11,327 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

Full UW - Parkside General Economics Report

University of Michigan - Dearborn did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #19. University of Michigan - Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 27 bachelors’s general economics degrees to qualified students.

The estimated yearly cost for UM Dearborn is $11,473 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at University of Michigan - Dearborn

#20

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne ranked #20 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. PFW is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 5 bachelors’s degrees in 2019-2020.

It costs about $10,912 for great lakes region bachelor’s degree general economics students whose families make more than $110k per year to attend PFW.

Read more about General Economics at PFW

#21

University of Detroit Mercy

Detroit, Michigan

University of Detroit Mercy ranked #21 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Detroit, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 2 students in 2019-2020.

It costs about $18,356 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k per year to attend Detroit Mercy.

The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on General Economics at University of Detroit Mercy

#20 in overall quality

University of Illinois at Chicago ranked #22 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 99 bachelors’s general economics degrees to qualified students.

UIC did well in our major quality rankings, too. It placed #20 on our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for University of Illinois at Chicago is $13,312 for great lakes region bachelor’s degree general economics students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Read more about General Economics at UIC

#23

Michigan State University

East Lansing, Michigan
#10 in overall quality

Michigan State University landed the #23 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. This large school is located in East Lansing, Michigan, and it awarded 271 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at Michigan State, the school also landed the #10 spot in our “Best General Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State University is $19,173 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about General Economics at Michigan State

#24

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast landed the #24 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Indiana University - Southeast is a small school located in New Albany, Indiana that handed out 4 bachelors’s general economics degrees in 2019-2020.

The yearly cost to attend Indiana University - Southeast is $10,657 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k.

Read more about General Economics at Indiana University - Southeast

#25

Northern Illinois University

Dekalb, Illinois

Northern Illinois University ranked #25 on this year’s Best Vallue General Economics Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 24 bachelors’s general economics degrees to qualified students.

It costs about $18,259 for Great Lakes Region Bachelor’s Degree General Economics students whose families make more than $110k per year to attend Northern Illinois University.

Read full report on General Economics at Northern Illinois University

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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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