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2023 Schools for a Doctorate Highly Focused on Economics Major in Michigan

5 Ranked Colleges
54 Degrees Awarded
$31,500 Avg Cost*
Schools for a Doctorate Highly Focused on Economics Major in Michigan

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Schools for a Doctorate Highly Focused on Economics Major in Michigan” ranking is part of that endeavor.

In 2021-2022, 47,809 people earned their degree in economics, making the major the 19th most popular in the United States. In , economics graduates who were awarded their degree in , earned an average of $48,722 and had an average of $21,489 in loans still to pay off.

Across Michigan, there were 1,322 economics graduates with average earnings and debt of $41,966 and $23,260 respectively. At the doctor’s degree level specifically, there were 54 economics graduates with average earnings and debt of $71,142 and $126,550 respectively.

For this year’s “Schools for a Doctorate Highly Focused on Economics Major in Michigan” ranking, we looked at 5 colleges that offer a degree in economics. That schools that top this list have a program in economics in which the largest percentage of students at the school are enrolled.

Check out our ranking methodology for more information.

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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 “Schools for a Doctorate Highly Focused on Economics Major in Michigan”.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Schools for a Doctorate Highly Focused on Economics Major in Michigan

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

Top 5 Most Focused Doctor’s Degree Colleges for Economics in Michigan

1
Michigan State crest
Michigan State University
East Lansing, Michigan

You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #1 for the Schools for a Doctorate Highly Focused on Economics Major in Michigan. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 21 doctorate’s degrees in 2021-2022.

The low undergrad student loan default rate of 0.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.

Read more about Economics at Michigan State

2

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2023 Schools for a Doctorate Highly Focused on Economics Major in Michigan list. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2021-2022, this school awarded 20 doctorate’s economics degrees to qualified students.

The undergrad student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Economics at U-M

3
WMU crest
Western Michigan University
Kalamazoo, Michigan

You’ll join some of the best and brightest minds around if you attend Western Michigan University. The school came in at #3 for the Schools for a Doctorate Highly Focused on Economics Major in Michigan. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out doctorate’s economics degrees to 8 students in 2021-2022.

The low undergrad student loan default rate of 2.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Economics at Western Michigan University

4
Wayne State crest
Wayne State University
Detroit, Michigan

Out of the 5 schools in the Schools for a Doctorate Highly Focused on Economics Major in Michigan that were part of this year’s ranking, Wayne State University landed the #4 spot on the list. Wayne State University is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 5 doctorate’s degrees in 2021-2022.

The low undergrad student loan default rate of 1.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Wayne State Economics Report

5
Andrews crest
Andrews University
Berrien Springs, Michigan

You’ll be in good company if you decide to attend Andrews University. It ranked #5 on our 2023 Schools for a Doctorate Highly Focused on Economics Major in Michigan list. Andrews University is a small private not-for-profit school situated in Berrien Springs, Michigan. It awarded 1 doctorate’s economics degrees in 2021-2022.

With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Economics at Andrews

Notes and References

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