by our College Data Analytics TeamIt's not easy to decide which school to attend when you have so many options available. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our Best Master's Degree Colleges for the Money (Income $48-$75k) in Michigan ranking is part of that endeavor. A school that typically has a high sticker price may actually be very affordable, depending on how much need-based financial aid you receive.
See What's Included in This Value Report:
After analyzing 26 schools in Michigan, we came up with our list of those that offered 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. We explain more about what we look at and why we do so below.
To calculate the value of a school in our Best Master's Degree Colleges for the Money (Income $48-$75k) in Michigan ranking, we first consider its average net price of students from families making $48-$75k a year. The net price is the sum of room and board, tuition, and fees minus any financial aid that 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 collection of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
We go into more detail on these factors on 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 2024 rankings named University of Michigan - Ann Arbor the best value (income $48-$75k) school in Michigan for students working on their master’s degree. U-M is located in Ann Arbor, Michigan and has a large student population. It is a public school.
University of Michigan - Ann Arbor has the honor of being ranked #1 in Michigan for overall quality on top of being a good value.
A rank of #2 on our Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list means Michigan Technological University is a great place for students working on their degree. Michigan Technological University is a medium-sized public school located in Houghton, Michigan.
In addition to being included on this ranking as a good value, Michigan Technological University is ranked #3 for quality in the state of Michigan.
You’ll be in good company if you decide to attend Michigan State University. It ranked #3 on our 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Michigan State University is a large public school located in East Lansing, Michigan.
Not only is Michigan State University a great value, but it is also ranked #2 in Michigan for overall quality.
The quality degree programs at University of Michigan - Dearborn helped the school earn the #4 place on this year’s ranking of Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan. This medium-sized public school is 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 $48-$75k) in Michigan. This fairly large public school is located in Rochester Hills, Michigan.
Oakland University has the honor of being ranked #15 in Michigan for overall quality on top of being a good value.
Central Michigan University landed the #6 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Located in Mount Pleasant, Michigan, the school is a fairly large public institution.
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.
Grand Valley State University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking, coming in at #7. Located in Allendale, Michigan, the school is a large public institution.
Not only is Grand Valley State University a great value, but it is also ranked #9 in Michigan for overall quality.
With a ranking of #8, Wayne State University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Located in Detroit, Michigan, the school is a large public institution.
In addition to being included on this ranking as a good value, Wayne State University is ranked #11 for quality in the state of Michigan.
University of Detroit Mercy ranked #9 on this year’s Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. University of Detroit Mercy is a medium-sized private not-for-profit school located in Detroit, Michigan.
University of Detroit Mercy has the honor of being ranked #12 in Michigan for overall quality on top of being a good value.
Ferris State University landed the #10 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Ferris is located in Big Rapids, Michigan and has a fairly large student population. It is a public school.
Ferris State University has the honor of being ranked #20 in Michigan for overall quality on top of being a good value.
Andrews University landed the #11 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Andrews University is a small private not-for-profit school located in Berrien Springs, Michigan.
Andrews University has the honor of being ranked #10 in Michigan for overall quality on top of being a good value.
Saginaw Valley State University ranked #12 on this year’s Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. 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 #13, Eastern Michigan University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. This fairly large public school is located in Ypsilanti, Michigan.
Eastern Michigan University has the honor of being ranked #14 in Michigan for overall quality on top of being a good value.
Western Michigan University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking, coming in at #14. WMU is located in Kalamazoo, Michigan and has a fairly large student population. It is a public school.
In addition to being included on this ranking as a good value, Western Michigan University is ranked #6 for quality in the state of Michigan.
With a ranking of #15, University of Michigan - Flint did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Flint, Michigan is the setting for this medium-sized institution of higher learning. It is a public school.
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.
With a ranking of #16, Madonna University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Madonna University is a small private not-for-profit school located in Livonia, Michigan.
In addition to being included on this ranking as a good value, Madonna University is ranked #16 for quality in the state of Michigan.
Spring Arbor University landed the #17 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Spring Arbor University is a small private not-for-profit school located 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.
With a ranking of #18, Baker College did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Baker College is a small private not-for-profit school situated in Owosso, Michigan.
Not only is Baker College a great value, but it is also ranked #26 in Michigan for overall quality.
Calvin University landed the #19 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Calvin University is a small private not-for-profit school located in Grand Rapids, Michigan.
Not only is Calvin University a great value, but it is also ranked #5 in Michigan for overall quality.
With a ranking of #20, Northern Michigan University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Marquette, Michigan is the setting for this medium-sized institution of higher learning. 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 #21, Davenport University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Located in Grand Rapids, Michigan, the school is a medium-sized private not-for-profit institution.
Davenport University has the honor of being ranked #17 in Michigan for overall quality on top of being a good value.
Cornerstone University ranked #22 on this year’s Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan list. Located in Grand Rapids, Michigan, the school is a small private not-for-profit institution.
Cornerstone University has the honor of being ranked #23 in Michigan for overall quality on top of being a good value.
Siena Heights University landed the #23 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Adrian, Michigan is the setting for this small institution of higher learning. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Siena Heights University is ranked #22 for quality in the state of Michigan.
Kettering University landed the #24 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Michigan ranking. Flint, Michigan is the setting for this small institution of higher learning. It is a private not-for-profit school.
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 $48-$75k) in Michigan list. Concordia University, Ann Arbor is a small private not-for-profit school located in Ann Arbor, Michigan.
In addition to being included on this ranking as a good value, Concordia University, Ann Arbor is ranked #24 for quality in the state of Michigan.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.