2022 Best Value Economics Schools for a Doctorate in Michigan For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. 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 Getting Aid” 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 Getting Aid” ranking looked at 4 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and 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.

More Ways to Rank Economics Schools

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 Doctorate in Michigan For Those Getting Aid” 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 Doctorate in Michigan For Those Getting Aid

The colleges and universities below are the best for michigan doctor’s degree economics students with aid.

Top 4 Best Value Doctor’s Degree Colleges for Economics in Michigan (With Aid)

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$49,548 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Economics Schools for a Doctorate in Michigan For Those Getting Aid that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. 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 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 U-M are $49,548, but you may pay more or less depending on your major.

Full U-M Economics Report

#2

Michigan State University

East Lansing, Michigan

#2 in overall quality

$37,056 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #2 for the Best Value Economics Schools for a Doctorate in Michigan For Those Getting Aid. Located in East Lansing, Michigan, this large public school handed out 7 degrees to qualified doctorate’s economics students 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 University are $37,056, but you may pay more or less depending on your major.

Read full report on Economics at Michigan State University

#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 Value Economics Schools for a Doctorate in Michigan For Those Getting Aid. This large school is located in Detroit, Michigan, and it awarded 7 doctorate’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Wayne State, the school also landed 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 Economics Report

#4

Western Michigan University

Kalamazoo, Michigan

#3 in overall quality

$31,355 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Western Michigan University. The school came in at #4 for the Best Value Economics Schools for a Doctorate in Michigan For Those Getting Aid. This fairly large school is located in Kalamazoo, Michigan, and it awarded 1 doctorate’s economics degrees in 2019-2020.

In addition to being on our michigan doctor’s degree economics students with aid list, WMU has also earned the #3 rank in our “Best Economics Doctor’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Western Michigan University are $31,355, but you may pay more or less depending on your major.

Full WMU Economics Report

• Best Value Doctor’s Degree Colleges for Economics in the Great Lakes Region (With Aid)
• Best Value Doctor’s Degree Colleges for Economics (With Aid)

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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