2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k
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 Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k” ranking is part of that endeavor.
Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.
Across the Great Lakes region, there were 6,771 economics graduates with average earnings and debt of $45,903 and $22,924 respectively. At the doctor’s degree level specifically, there were 192 economics graduates with average earnings and debt of $74,428 and $121,375 respectively.
For this year’s “Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k” ranking, we looked at 18 colleges that offer a degree in economics. Not only do the schools that top this list have excellent 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 economics program at the school. Check out our ranking methodology for more information.
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Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k
The following schools top our list of the Best Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k.
Top 18 Best Value Doctor’s Degree Colleges for Economics (Income $75-$110k) in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k. Located in Evanston, Illinois, this large private not-for-profit school handed out 20 diplomas to qualified doctorate’s economics students in 2019-2020.
In addition to being on our great lakes region doctor’s degree economics students whose families make $75-$110k list, Northwestern has also earned the #1 rank in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #2 for the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out doctorate’s economics degrees to 20 students in 2019-2020.
U-M also made our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list, coming in at #3. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.
Read full report on Economics at University of Michigan - Ann Arbor
Out of the 18 schools in the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k that were part of this year’s ranking, University of Chicago landed the #3 spot on the list. University of Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 37 doctorate’s degrees in 2019-2020.
UChicago did well in our major quality rankings, too. It placed #2 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UChicago are $61,548, but some majors have different tuition rates.
Out of the 18 schools in the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k that were part of this year’s ranking, University of Notre Dame landed the #4 spot on the list. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 4 doctorate’s economics degrees in 2019-2020.
Notre Dame not only placed well in this ranking. It is also #4 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.
Out of the 18 schools in the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k that were part of this year’s ranking, Purdue University - Main Campus landed the #5 spot on the list. This large school is located in West Lafayette, Indiana, and it awarded 7 doctorate’s economics degrees in 2019-2020.
Purdue did well in our major quality rankings, too. It placed #7 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but you may pay more or less depending on your major.
Read full report on Economics at Purdue University - Main Campus
University of Wisconsin - Madison ranked #6 on this year’s Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k list. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 28 doctorate’s degrees in 2019-2020.
UW - Madison did well in our major quality rankings, too. It placed #5 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.
Indiana University - Bloomington did quite well in the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #7. Indiana University - Bloomington is located in Bloomington, Indiana and, has a large student population. In 2019-2020, this school awarded 9 doctorate’s economics degrees to qualified students.
In addition to being on our great lakes region doctor’s degree economics students whose families make $75-$110k list, IU Bloomington has also earned the #10 rank in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but some majors have different tuition rates.
University of Illinois at Urbana-Champaign came in at #8 in this year’s edition of the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 15 doctorate’s economics degrees in 2019-2020.
UIUC also took the #6 spot in our “Best 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 University of Illinois at Urbana-Champaign are $30,083.
Full University of Illinois at Urbana-Champaign Economics Report
University of Illinois at Chicago ranked #9 on this year’s Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k list. This large school is located in Chicago, Illinois, and it awarded 15 doctorate’s economics degrees in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #11 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.
Ohio State University - Main Campus landed the #10 spot on the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 8 doctorate’s degrees in 2019-2020.
Ohio State did well in our major quality rankings, too. It placed #9 on our “Best 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.
Northern Illinois University landed the #11 spot on the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking. Northern Illinois University is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 2 doctorate’s degrees in 2019-2020.
NIU not only placed well in this ranking. It is also #18 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.
Read full report on Economics at Northern Illinois University
Indiana University - Purdue University - Indianapolis ranked #12 on this year’s Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k list. This large school is located in Indianapolis, Indiana, and it awarded 1 doctorate’s economics degrees in 2019-2020.
IUPUI also took the #17 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but some majors have different tuition rates.
Southern Illinois University Carbondale did quite well in the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #13. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out doctorate’s economics degrees to 6 students in 2019-2020.
SIUC not only placed well in this ranking. It is also #14 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but some majors have different tuition rates.
With a ranking of #14, Wayne State University did quite well on the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k list. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 7 doctorate’s degrees in 2019-2020.
Wayne State not only placed well in this ranking. It is also #16 on our “Best 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 Wayne State University are $37,215.
University of Wisconsin - Milwaukee did quite well in the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #15. This large school is located in Milwaukee, Wisconsin, and it awarded 4 doctorate’s economics degrees in 2019-2020.
UWM also took the #12 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Milwaukee are $25,295, but you may pay more or less depending on your major.
Michigan State University came in at #16 in this year’s edition of the Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out doctorate’s economics degrees to 7 students in 2019-2020.
Michigan State also made our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list, coming in at #8. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.
Western Michigan University landed the #17 spot on the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking. Western Michigan University is a fairly large school located in Kalamazoo, Michigan that handed out 1 doctorate’s economics degrees in 2019-2020.
WMU also made our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list, coming in at #13. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Western Michigan University are $31,355.
Read full report on Economics at Western Michigan University
University of Cincinnati - Main Campus did quite well in the 2022 Best Value Economics Schools for a Doctorate in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #18. University of Cincinnati - Main Campus is a large public school situated in Cincinnati, Ohio. It awarded 1 doctorate’s economics degrees in 2019-2020.
UC also made our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list, coming in at #15. Average graduate tuition and fees at University of Cincinnati - Main Campus are $26,644, but some majors have different tuition rates.
Full University of Cincinnati - Main Campus Economics Report
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Best Value Doctor's Degree Colleges for Economics (Income $75-$110k) in the Great Lakes Region
Economics students with family income $75-$110k in the Great Lakes Region
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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