Find Schools

Study Area & Zipcode

Find Schools Near

2022 Best Value Master’s Degree Colleges for Economics (Income $75-$110k) in Michigan

8 Ranked Colleges
143 Degrees Awarded
$31,500 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Michigan For Those Making $75-$110k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Master’s in Michigan For Those Making $75-$110k” ranking - to help you make that decision.

In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. 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 master’s degree level specifically, there were 143 economics graduates with average earnings and debt of $58,608 and $41,198 respectively.

This year’s “Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k” ranking analyzed 8 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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. For more information, check out our ranking methodology.

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 Economics Schools for a Master’s in Michigan For Those Making $75-$110k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k

The colleges and universities below are the best for michigan master’s degree economics students whose families make $75-$110k.

Top 8 Best Value Master’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 Master’s in Michigan For Those Making $75-$110k list. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 63 masters’s degrees in 2019-2020.

U-M did well in our major quality rankings, too. It placed #1 on our “Best Economics Master’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 U-M are $49,548.

Read more about Economics at U-M

#2

University of Detroit Mercy

Detroit, Michigan

Out of the 8 schools in the Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k that were part of this year’s ranking, University of Detroit Mercy landed the #2 spot on the list. Detroit, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 18 students in 2019-2020.

Detroit Mercy did well in our major quality rankings, too. It placed #3 on our “Best Economics Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Detroit Mercy are $20,047, but you may pay more or less depending on your major.

Read more about Economics at Detroit Mercy

#3

Central Michigan University

Mount Pleasant, Michigan
#6 in overall quality

Out of the 8 schools in the Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k that were part of this year’s ranking, Central Michigan University landed the #3 spot on the list. Central Michigan is a fairly large school located in Mount Pleasant, Michigan that handed out 14 masters’s economics degrees in 2019-2020.

Central Michigan did well in our major quality rankings, too. It placed #6 on our “Best Economics Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Central Michigan are $19,359, but you may pay more or less depending on your major.

Read more about Economics at Central Michigan

#4

Wayne State University

Detroit, Michigan
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Wayne State University. The school came in at #4 for the Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k. Located in Detroit, Michigan, this large public school handed out 16 degrees to qualified masters’s economics students in 2019-2020.

Wayne State did well in our major quality rankings, too. It placed #7 on our “Best Economics Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Wayne State University are $37,215, but you may pay more or less depending on your major.

Full Wayne State University Economics Report

#5

Eastern Michigan University

Ypsilanti, Michigan
#5 in overall quality

You’ll be in good company if you decide to attend Eastern Michigan University. It ranked #5 on our 2022 Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s economics degrees to 9 students in 2019-2020.

Eastern Michigan also took the #5 spot in our “Best Economics Master’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 Eastern Michigan University are $26,552.

Full Eastern Michigan Economics Report

#6

Michigan State University

East Lansing, Michigan
#2 in overall quality

With a ranking of #6, Michigan State University did quite well on the 2022 Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 9 students in 2019-2020.

Michigan State also took the #2 spot in our “Best Economics Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Michigan State University are $37,056, but some majors have different tuition rates.

Read full report on Economics at Michigan State

#7

Western Michigan University

Kalamazoo, Michigan
#4 in overall quality

Western Michigan University did quite well in the 2022 Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k ranking, coming in at #7. This fairly large school is located in Kalamazoo, Michigan, and it awarded 11 masters’s economics degrees in 2019-2020.

As a testament to the quality of education offered at WMU, the school also landed the #4 spot in our “Best Economics Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Western Michigan University are $31,355, but some majors have different tuition rates.

Read full report on Economics at WMU

#8

Andrews University

Berrien Springs, Michigan

Andrews University ranked #8 on this year’s Best Value Economics Schools for a Master’s in Michigan For Those Making $75-$110k list. Andrews University is a small school located in Berrien Springs, Michigan that handed out 2 masters’s economics degrees in 2019-2020.

Andrews also made our “Best Economics Master’s Degree Schools in Michigan” list, coming in at #0. Average graduate tuition and fees at Andrews are $28,910, but you may pay more or less depending on your major.

Read more about Economics at Andrews

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.

Featured Economics Schools

Find Schools Near You