2023 Schools for a Master’s Highly Focused on Economics Major in Michigan
9
Ranked Colleges
129
Degrees Awarded
$29,800
Avg Cost*
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 Michigan” ranking is one tool we have developed to help in this regard.
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 master’s degree level specifically, there were 129 economics graduates with average earnings and debt of $61,121 and $41,673 respectively.
This year’s “Schools for a Master’s Highly Focused on Economics Major in Michigan” ranking analyzed 9 colleges that offered a degree in economics. The colleges and universities that top this list are recognized because their economics program is one of the largest majors offered at the school.
Check out our ranking methodology for more information.
More Ways to Rank Economics Schools
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Schools for a Master’s Highly Focused on Economics Major in Michigan” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Schools for a Master’s Highly Focused on Economics Major in Michigan
The following schools top our list of the Best “Schools for a Master’s Highly Focused on Economics Major in Michigan”.
Top 9 Most Focused Master’s Degree Colleges for Economics in Michigan
You’ll be in good company if you decide to attend Andrews University. It ranked #1 on our 2023 Schools for a Master’s 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 masters’s economics degrees in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low undergrad student loan default rate of 0.7% 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 impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Economics at Andrews
Out of the 9 schools in the Schools for a Master’s Highly Focused on Economics Major in Michigan that were part of this year’s ranking, University of Detroit Mercy landed the #2 spot on the list. Detroit Mercy is a private not-for-profit institution located in Detroit, Michigan. The school has a medium-sized population, and it awarded 22 masters’s 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%.
Full Detroit Mercy Economics Report
Out of the 9 schools in the Schools for a Master’s Highly Focused on Economics Major in Michigan that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #3 spot on the list. U-M is a large school located in Ann Arbor, Michigan that handed out 52 masters’s economics degrees 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.
Read more about Economics at University of Michigan - Ann Arbor
Out of the 9 schools in the Schools for a Master’s Highly Focused on Economics Major in Michigan that were part of this year’s ranking, Eastern Michigan University landed the #4 spot on the list. Eastern Michigan is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 6 masters’s degrees in 2021-2022.
The undergrad student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Economics at Eastern Michigan University
You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #5 for the Schools for a Master’s Highly Focused on Economics Major in Michigan. 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%.
Full Central Michigan University Economics Report
Western Michigan University ranked #6 on this year’s Schools for a Master’s Highly Focused on Economics Major in Michigan list. Western Michigan University is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 7 masters’s degrees 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%.
Full WMU Economics Report
Wayne State University landed the #7 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in Michigan ranking. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 13 masters’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%.
Read full report on Economics at Wayne State University
Michigan State University came in at #8 in this year’s edition of the Schools for a Master’s Highly Focused on Economics Major in Michigan ranking. Michigan State is located in East Lansing, Michigan and, has a large student population. In 2021-2022, this school awarded 16 masters’s economics degrees to qualified students.
With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Full Michigan State University Economics Report
Michigan Technological University landed the #9 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in Michigan ranking. Located in Houghton, Michigan, this medium-sized public school handed out 1 degrees to qualified masters’s economics students in 2021-2022.
With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Michigan Technological University
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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
- *Avg Salary and Avg 4-Year Grad Rate 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
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