2022 Best Value Doctor’s Degree Colleges for Economics (Income Over $110k) in the Great Lakes Region
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k” ranking is part of that endeavor.
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 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 Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $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.
Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k” list, to help you choose the best school for you.
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Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k
The following schools top our list of the Best Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k.
Top 18 Best Value Doctor’s Degree Colleges for Economics (Income Over $110k) in the Great Lakes Region
Out of the 18 schools in the Best Vallue Economics Schools for a Doctorate 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. Located in Ann Arbor, Michigan, this large public school awarded 20 degrees to qualified doctorate’s economics 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 you may pay more or less depending on your major.
Read more about Economics at University of Michigan - Ann Arbor
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #2 on our 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. Located in West Lafayette, Indiana, this large public school handed out 7 diplomas to qualified doctorate’s economics students in 2019-2020.
Purdue also made our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list, coming in at #7. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.
Out of the 18 schools in the Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. University of Wisconsin - 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.
As a testament to the quality of education offered at UW - Madison, the school also landed the #5 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, 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 Indiana University - Bloomington. The school came in at #4 for the Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k. Located in Bloomington, Indiana, this large public school awarded 9 degrees to qualified doctorate’s economics students in 2019-2020.
As a testament to the quality of education offered at IU Bloomington, the school also landed the #10 spot 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 you may pay more or less depending on your major.
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #5 on our 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 15 doctorate’s economics degrees to qualified students.
UIUC not only placed well in this ranking. It is also #6 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 University of Illinois at Urbana-Champaign are $30,083.
University of Illinois at Chicago came in at #6 in this year’s edition of the Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k ranking. UIC is a large school located in Chicago, Illinois that handed out 15 doctorate’s economics degrees in 2019-2020.
UIC not only placed well in this ranking. It is also #11 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.
With a ranking of #7, Indiana University - Purdue University - Indianapolis did quite well on the 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. IUPUI is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 1 doctorate’s economics degrees to qualified students.
IUPUI not only placed well in this ranking. It is also #17 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 Indiana University - Purdue University - Indianapolis are $26,013.
Full Indiana University - Purdue University - Indianapolis Economics Report
Ohio State University - Main Campus ranked #8 on this year’s Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. Located in Columbus, Ohio, this large public school handed out 8 diplomas to qualified doctorate’s economics students 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. Average graduate tuition and fees at Ohio State are $37,141, but some majors have different tuition rates.
Read full report on Economics at Ohio State University - Main Campus
With a ranking of #9, University of Wisconsin - Milwaukee did quite well on the 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. UWM is a public institution located in Milwaukee, Wisconsin. The school has a large population, and it awarded 4 doctorate’s degrees in 2019-2020.
In addition to being on our great lakes region doctor’s degree economics students whose families make more than $110k list, UWM has also earned the #12 rank 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 some majors have different tuition rates.
Read full report on Economics at University of Wisconsin - Milwaukee
Michigan State University ranked #10 on this year’s Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. This large school is located in East Lansing, Michigan, and it awarded 7 doctorate’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #8 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.
Northern Illinois University did quite well in the 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k ranking, coming in at #11. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out doctorate’s economics degrees to 2 students in 2019-2020.
NIU did well in our major quality rankings, too. It placed #18 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 Northern Illinois University are $11,086.
Wayne State University ranked #12 on this year’s Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. Wayne State is a large public school situated in Detroit, Michigan. It awarded 7 doctorate’s economics degrees in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #16 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Wayne State are $37,215, but some majors have different tuition rates.
Southern Illinois University Carbondale landed the #13 spot on the 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k ranking. 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 also took the #14 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at SIUC are $32,928, but some majors have different tuition rates.
Full Southern Illinois University Carbondale Economics Report
Northwestern University ranked #14 on this year’s Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 20 doctorate’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.
With a ranking of #15, University of Cincinnati - Main Campus did quite well on the 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k list. UC is a public institution located in Cincinnati, Ohio. The school has a large population, and it awarded 1 doctorate’s degrees in 2019-2020.
UC not only placed well in this ranking. It is also #15 on our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UC are $26,644, but you may pay more or less depending on your major.
Western Michigan University landed the #16 spot on the 2022 Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k ranking. WMU is located in Kalamazoo, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 1 doctorate’s economics degrees to qualified students.
As a testament to the quality of education offered at WMU, the school also landed the #13 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 Western Michigan University are $31,355.
University of Chicago ranked #17 on this year’s Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k 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 also took the #2 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.
University of Notre Dame came in at #18 in this year’s edition of the Best Vallue Economics Schools for a Doctorate in the Great Lakes Region For Those Making Over $110k ranking. University of 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 also took the #4 spot in our “Best Economics Doctor’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Notre Dame are $57,522, 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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