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2022 Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k

4 Ranked Colleges
35 Degrees Awarded
$39,100 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k” ranking - to help you make that decision.

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 Michigan, there were 1,402 economics graduates with average earnings and debt of $41,425 and $23,888 respectively. At the doctor’s degree level specifically, there were 35 economics graduates with average earnings and debt of $70,785 and $113,051 respectively.

This year’s “Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k” ranking analyzed 4 colleges that offered a degree in economics. The schools that top this list are recognized because they have great 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 economics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Economics Schools

The 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 Economics Schools for a Doctorate in Michigan For Those Making $75-$110k”.

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 Economics Schools for a Doctorate in Michigan For Those Making $75-$110k

The following schools top our list of the Best Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k.

Top 4 Best Value Doctor’s Degree Colleges for Economics (Income $75-$110k) in Michigan

#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 Economics Schools for a Doctorate in Michigan For Those Making $75-$110k list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 20 doctorate’s economics degrees in 2019-2020.

In addition to being on our michigan doctor’s degree economics students whose families make $75-$110k list, U-M has also earned the #1 rank in our “Best Economics Doctor’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Read full report on Economics at U-M

#2

Wayne State University

Detroit, Michigan
#3 in overall quality

You’ll be in good company if you decide to attend Wayne State University. It ranked #2 on our 2022 Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k list. Located in Detroit, Michigan, this large public school handed out 7 diplomas to qualified doctorate’s economics students in 2019-2020.

Wayne State also took the #3 spot in our “Best Economics Doctor’s Degree Schools in Michigan” ranking. 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.

Full Wayne State University Economics Report

#3

Michigan State University

East Lansing, Michigan
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #3 for the Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k. Located in East Lansing, Michigan, this large public school handed out 7 diplomas to qualified doctorate’s economics students in 2019-2020.

Michigan State did well in our major quality rankings, too. It placed #2 on our “Best Economics Doctor’s Degree Schools in Michigan” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Michigan State University are $37,056.

Read more about Economics at Michigan State

#4

Western Michigan University

Kalamazoo, Michigan
#3 in overall quality

You’ll be in good company if you decide to attend Western Michigan University. It ranked #4 on our 2022 Best Value Economics Schools for a Doctorate in Michigan For Those Making $75-$110k list. WMU is a fairly large public school situated in Kalamazoo, Michigan. It awarded 1 doctorate’s economics degrees in 2019-2020.

WMU not only placed well in this ranking. It is also #3 on our “Best Economics Doctor’s Degree Schools in Michigan” list. 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 more about Economics at Western Michigan University

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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