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2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region

43 Ranked Colleges
746 Degrees Awarded
$73,269 Avg Salary
Schools for a Master's Highly Focused on Economics Major in the Great Lakes Region

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region” ranking is one tool we have developed to help in this regard.

Economics is the 19th most popular major in the country with 47,809 degrees awarded in 2021-2022. 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 the Great Lakes region, there were 6,646 economics graduates with average earnings and debt of $48,027 and $22,451 respectively. At the master’s degree level specifically, there were 746 economics graduates with average earnings and debt of $59,182 and $43,142 respectively.

This year’s “Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region” ranking looked at 43 colleges that offer degrees in a bachelor’s 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.

For more information, check out our ranking methodology.

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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 Master’s Highly Focused on Economics Major in the Great Lakes Region”.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region

The colleges and universities below are the best for great lakes region master’s degree economics students.

Top 25 Most Focused Master’s Degree Colleges for Economics in the Great Lakes Region

1

You’ll be in good company if you decide to attend Air Force Institute of Technology - Graduate School of Engineering & Management. It ranked #1 on our 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. AFIT Graduate School of Engineering & Management is a small school located in Wright-Patterson AFB, Ohio that handed out 8 masters’s economics degrees in 2021-2022.

Since the school has a undergrad student-to-faculty ratio of to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full AFIT Graduate School of Engineering & Management Economics Report

2
Andrews crest
Andrews University
Berrien Springs, Michigan

Out of the 43 schools in the Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region that were part of this year’s ranking, Andrews University landed the #2 spot on the list. This small school is located in Berrien Springs, Michigan, and it awarded 1 masters’s economics degrees in 2021-2022.

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. Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.

Read more about Economics at Andrews University

3

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #3 on our 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 139 students in 2021-2022.

The low undergrad student loan default rate of 0.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.

Read more about Economics at University of Wisconsin - Madison

4

You’ll be in good company if you decide to attend University of Detroit Mercy. It ranked #4 on our 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. University of Detroit Mercy is located in Detroit, Michigan and, has a medium-sized student population. In 2021-2022, this school awarded 22 masters’s economics degrees to qualified students.

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%.

Full University of Detroit Mercy Economics Report

5
UChicago crest
University of Chicago
Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #5 on our 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 77 masters’s economics degrees in 2021-2022.

The undergraduate student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 99%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.

Read full report on Economics at UChicago

6
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Valparaiso University
Valparaiso, Indiana

Valparaiso University landed the #6 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. Located in Valparaiso, Indiana, this small private not-for-profit school handed out 6 degrees to qualified masters’s economics students in 2021-2022.

The undergrad student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Valpo

7

Youngstown State University did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking, coming in at #7. Youngstown State University is a public institution located in Youngstown, Ohio. The school has a fairly large population, and it awarded 9 masters’s degrees in 2021-2022.

The low undergrad student loan default rate of 1.4% 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 Youngstown State University Economics Report

8

University of Illinois at Urbana-Champaign landed the #8 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. UIUC is located in Champaign, Illinois and, has a large student population. In 2021-2022, this school awarded 77 masters’s economics degrees to qualified students.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.6% 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 full report on Economics at University of Illinois at Urbana-Champaign

9

University of Michigan - Ann Arbor landed the #9 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 52 students in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Read more about Economics at U-M

10

Ohio University - Athens Campus did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking, coming in at #10. Athens, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 32 students in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.

Full OHIO Athens Economics Report

11
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Purdue University - Main Campus landed the #11 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. This large school is located in West Lafayette, Indiana, and it awarded 47 masters’s economics degrees in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.

Full Purdue University - Main Campus Economics Report

12

Wright State University - Main Campus landed the #12 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. Dayton, Ohio is the setting for this medium-sized institution of higher learning. The public school handed out masters’s economics degrees to 6 students 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%.

Full Wright State University - Main Campus Economics Report

13

Western Illinois University came in at #13 in this year’s edition of the Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. This medium-sized school is located in Macomb, Illinois, and it awarded 9 masters’s economics degrees in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.

Full WIU Economics Report

14
Roosevelt crest
Roosevelt University
Chicago, Illinois

With a ranking of #14, Roosevelt University did quite well on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Roosevelt University is a small school located in Chicago, Illinois that handed out 5 masters’s economics degrees in 2021-2022.

The low undergrad student loan default rate of 1.8% 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%.

Full Roosevelt Economics Report

15
Marquette crest
Marquette University
Milwaukee, Wisconsin

Marquette University ranked #15 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 7 masters’s degrees in 2021-2022.

The undergrad student loan default rate at the school is 0.5%, 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 89%.

Full Marquette University Economics Report

16
Northwestern crest
Northwestern University
Evanston, Illinois

Northwestern University ranked #16 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2021-2022, this school awarded 55 masters’s economics degrees to qualified students.

The undergrad student loan default rate at the school is 0.1%, which is quite low when compared to the national default rate of 10.1%. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 99%, which means students like the school well enough to return for a second year.

Read full report on Economics at Northwestern

17
EIU crest
Eastern Illinois University
Charleston, Illinois

Eastern Illinois University did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking, coming in at #17. EIU is a medium-sized public school situated in Charleston, Illinois. It awarded 5 masters’s economics degrees in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Eastern Illinois University

18
DePaul crest
DePaul University
Chicago, Illinois

With a ranking of #18, DePaul University did quite well on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 19 masters’s economics degrees in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.

Read more about Economics at DePaul University

19

Miami University - Oxford ranked #19 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Miami University - Oxford is a fairly large school located in Oxford, Ohio that handed out 8 masters’s economics degrees in 2021-2022.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The undergrad student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.

Full Miami University - Oxford Economics Report

20

Bowling Green State University - Main Campus ranked #20 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Located in Bowling Green, Ohio, this fairly large public school awarded 5 degrees to qualified masters’s economics students in 2021-2022.

The undergrad student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at BGSU

21
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking, coming in at #21. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s economics degrees to 6 students in 2021-2022.

The low undergrad student loan default rate of 2.3% 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 full report on Economics at Eastern Michigan

22
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University ranked #22 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s economics degrees to 11 students in 2021-2022.

The low undergrad student loan default rate of 1.2% 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 full report on Economics at Central Michigan University

23

Ohio State University - Main Campus ranked #23 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. Located in Columbus, Ohio, this large public school handed out 30 degrees to qualified masters’s economics students in 2021-2022.

The undergrad student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Read more about Economics at Ohio State

24

Illinois State University landed the #24 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region ranking. Illinois State is a large public school situated in Normal, Illinois. It awarded 6 masters’s economics degrees in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Full Illinois State Economics Report

25
WMU crest
Western Michigan University
Kalamazoo, Michigan

Western Michigan University ranked #25 on this year’s Schools for a Master’s Highly Focused on Economics Major in the Great Lakes Region list. WMU is a fairly large public school situated in Kalamazoo, Michigan. It awarded 7 masters’s economics degrees in 2021-2022.

The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.

Read more about Economics at WMU

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