by our College Data Analytics TeamIt's not easy to decide which school to attend when you have so many options available. College Factual has developed its Best Master's Degree Colleges for the Money (Income $30-$48k) in Michigan ranking as one thing you can use to help make this decision. This list may shock you as many typically expensive schools are very generous with need-based financial aid.
See What's Included in This Value Report:
Our analysis looked at 26 schools in Michigan to determine which ones have the best value Master's Degree programs. To come up with this ranking of the best value schools, we look at factors that are all objective measurements. More specifically, the following explains what we consider and why.
When determining the value of a school in our Best Master's Degree Colleges for the Money (Income $30-$48k) in Michigan ranking, we first look at its average net price of a student coming from a family that makes $30-$48k a year. The net price is defined as the sum of room and board, tuition, and fees minus any financial aid that the student receives. But, a school that excels in providing value for your money must also be a great school overall as well.
To take this into account we include a college's overall Best Colleges ranking which itself looks at a combination of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
To learn more, visit our best value ranking methodology page.
Keep scrolling for the top schools in this ranking or select one of the other rankings methods below.
If you know what major you want to study, check out our list of the best value schools by major. If you're interested in other degree levels, you can view one of the lists below.
Learn more about these excellent schools below:
Our analysis found University of Michigan - Ann Arbor to be the best value (income $30-$48k) school for master’s degrees in Michigan in this year’s ranking. Ann Arbor, Michigan is the setting for this large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, University of Michigan - Ann Arbor is ranked #1 for quality in the state of Michigan.
The quality degree programs at Michigan State University helped the school earn the #2 place on this year’s ranking of Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan. Michigan State is a public institution located in East Lansing, Michigan.
Michigan State University has the honor of being ranked #2 in Michigan for overall quality on top of being a good value.
Out of the 26 master’s degree schools in Michigan that were part of this year’s ranking, Michigan Technological University landed the #3 spot on the list. Located in Houghton, Michigan, the school is a medium-sized public institution.
Not only is Michigan Technological University a great value, but it is also ranked #3 in Michigan for overall quality.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #4 on our 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. UM Dearborn is a public institution located in Dearborn, Michigan.
In addition to being included on this ranking as a good value, University of Michigan - Dearborn is ranked #8 for quality in the state of Michigan.
The quality degree programs at Oakland University helped the school earn the #5 place on this year’s ranking of Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan. Oakland University is a fairly large public school located in Rochester Hills, Michigan.
In addition to being included on this ranking as a good value, Oakland University is ranked #15 for quality in the state of Michigan.
Andrews University landed the #6 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Andrews is a private not-for-profit institution located in Berrien Springs, Michigan.
Not only is Andrews University a great value, but it is also ranked #10 in Michigan for overall quality.
Grand Valley State University came in at #7 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Grand Valley State University is a large public school located in Allendale, Michigan.
Not only is Grand Valley State University a great value, but it is also ranked #9 in Michigan for overall quality.
Central Michigan University landed the #8 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. This fairly large public school is located in Mount Pleasant, Michigan.
In addition to being included on this ranking as a good value, Central Michigan University is ranked #7 for quality in the state of Michigan.
Ferris State University came in at #9 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. This fairly large public school is located in Big Rapids, Michigan.
Ferris State University has the honor of being ranked #20 in Michigan for overall quality on top of being a good value.
Wayne State University came in at #10 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Wayne State is a public institution located in Detroit, Michigan.
Wayne State University has the honor of being ranked #11 in Michigan for overall quality on top of being a good value.
Western Michigan University landed the #11 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. WMU is a fairly large public school situated in Kalamazoo, Michigan.
Western Michigan University has the honor of being ranked #6 in Michigan for overall quality on top of being a good value.
University of Michigan - Flint ranked #12 on this year’s Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. UM Flint is a medium-sized public school situated in Flint, Michigan.
In addition to being included on this ranking as a good value, University of Michigan - Flint is ranked #25 for quality in the state of Michigan.
Saginaw Valley State University landed the #13 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Saginaw Valley State University is a medium-sized public school located in University Center, Michigan.
In addition to being included on this ranking as a good value, Saginaw Valley State University is ranked #19 for quality in the state of Michigan.
With a ranking of #14, University of Detroit Mercy did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Located in Detroit, Michigan, the school is a medium-sized private not-for-profit institution.
In addition to being included on this ranking as a good value, University of Detroit Mercy is ranked #12 for quality in the state of Michigan.
Eastern Michigan University landed the #15 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. It is a public school.
Not only is Eastern Michigan University a great value, but it is also ranked #14 in Michigan for overall quality.
With a ranking of #16, Northern Michigan University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Northern Michigan University is located in Marquette, Michigan and has a medium-sized student population. It is a public school.
Not only is Northern Michigan University a great value, but it is also ranked #21 in Michigan for overall quality.
With a ranking of #17, Baker College did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Located in Owosso, Michigan, the school is a small private not-for-profit institution.
Baker College has the honor of being ranked #26 in Michigan for overall quality on top of being a good value.
Madonna University ranked #18 on this year’s Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Located in Livonia, Michigan, the school is a small private not-for-profit institution.
Madonna University has the honor of being ranked #16 in Michigan for overall quality on top of being a good value.
With a ranking of #19, Calvin University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Calvin University is a small private not-for-profit school located in Grand Rapids, Michigan.
Calvin University has the honor of being ranked #5 in Michigan for overall quality on top of being a good value.
Spring Arbor University landed the #20 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Spring Arbor is a small private not-for-profit school situated in Spring Arbor, Michigan.
In addition to being included on this ranking as a good value, Spring Arbor University is ranked #18 for quality in the state of Michigan.
Davenport University landed the #21 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Davenport University is a private not-for-profit institution located in Grand Rapids, Michigan.
In addition to being included on this ranking as a good value, Davenport University is ranked #17 for quality in the state of Michigan.
Siena Heights University came in at #22 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan ranking. Siena Heights University is a small private not-for-profit school located in Adrian, Michigan.
Not only is Siena Heights University a great value, but it is also ranked #22 in Michigan for overall quality.
With a ranking of #23, Cornerstone University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Cornerstone University is a small private not-for-profit school located in Grand Rapids, Michigan.
Cornerstone University has the honor of being ranked #23 in Michigan for overall quality on top of being a good value.
With a ranking of #24, Kettering University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. This small private not-for-profit school is located in Flint, Michigan.
In addition to being included on this ranking as a good value, Kettering University is ranked #4 for quality in the state of Michigan.
Concordia University, Ann Arbor ranked #25 on this year’s Best Master’s Degree Colleges for the Money (Income $30-$48k) in Michigan list. Ann Arbor, Michigan is the setting for this small institution of higher learning. It is a private not-for-profit school.
Concordia University, Ann Arbor has the honor of being ranked #24 in Michigan for overall quality on top of being a good value.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.