2022 Best Vallue Economics Schools for a Doctorate in Michigan 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. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Economics Schools for a Doctorate in Michigan For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

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 Vallue Economics Schools for a Doctorate in Michigan For Those Making Over $110k” ranking looked at 4 colleges that offer degrees in a bachelor’s 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.

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 Economics Schools for a Doctorate in Michigan For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Economics Schools for a Doctorate in Michigan For Those Making Over $110k

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

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

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$49,548 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Vallue Economics Schools for a Doctorate in Michigan For Those Making Over $110k. Located in Ann Arbor, Michigan, this large public school handed out 20 degrees to qualified doctorate’s economics students in 2019-2020.

U-M not only placed well in this ranking. It is also #1 on our “Best Economics Doctor’s Degree Schools in Michigan” list. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.

Full University of Michigan - Ann Arbor Economics Report

#2

Michigan State University

East Lansing, Michigan

#2 in overall quality

$37,056 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2022 Best Vallue Economics Schools for a Doctorate in Michigan For Those Making Over $110k list. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 7 doctorate’s degrees in 2019-2020.

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

Full Michigan State Economics Report

#3

Wayne State University

Detroit, Michigan

#3 in overall quality

$37,215 Avg Grad Tuition & Fees

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

In addition to being on our michigan doctor’s degree economics students whose families make more than $110k list, Wayne State has also earned the #3 rank in our “Best Economics Doctor’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Wayne State University are $37,215, but some majors have different tuition rates.

Full Wayne State Economics Report

#4

Western Michigan University

Kalamazoo, Michigan

#3 in overall quality

$31,355 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Vallue Economics Schools for a Doctorate in Michigan For Those Making Over $110k that were part of this year’s ranking, Western Michigan University landed the #4 spot on the list. WMU is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 1 doctorate’s degrees in 2019-2020.

WMU did well in our major quality rankings, too. It placed #3 on our “Best Economics Doctor’s Degree Schools in Michigan” list. Average graduate tuition and fees at WMU are $31,355, but some majors have different tuition rates.

Read more about Economics at WMU

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

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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