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Best Value Economics Bachelor's Degree Schools in the Great Lakes Region

2023 Best Value Economics Bachelor's Degree Schools in the Great Lakes Region

Identifying Quality Schools at More Affordable Prices

86 Colleges
$16,642 Avg Tuition & Fees*
$47,696 Avg Salary

Finding the Best Economics Bachelor's Degree School for You

Economics is the #19 most popular major in the country with 49,055 degrees and certificates awarded in 2020-2021.

With all the programs available today, it can be tough to choose which one is the best for you. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.

Along with in-depth profiles of schools and the programs they offer, Course Advisor has created the Best Value Economics Bachelor's Degree Schools in the Great Lakes Region to help you in your search for the best school for you. This report analyzed 86 schools in the Great Lakes Region to see which ones offered the best value bachelor's degree programs for economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.

Top 15% Best Economics Bachelor's Degree Schools

Our analysis found University of Wisconsin - River Falls to be the best value school for economics students who want to pursue a bachelor’s degree in the Great Lakes Region . Located in the town of River Falls, UW - River Falls is a public school with a medium-sized student population.

The average tuition and fees for an out-of-state undergraduate student at UW - River Falls are $15,661 a year.

On top of its placing in our value ranking, UW - River Falls also did well on our Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. It’s in the top 10% of all schools reviewed in this analysis.

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You’ll join some of the best and brightest minds around you if you attend Southern Illinois University Edwardsville. The school came in at #2 on this year’s Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region list. SIUE is a fairly large public school located in the large suburb of Edwardsville.

The average tuition and fees for an out-of-state undergraduate student at SIUE are $11,496 a year.

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A rank of #3 on this year’s list means Western Illinois University is a great value for economics students working on their bachelor’s degree. Located in the town of Macomb, WIU is a public college with a moderately-sized student population.

Out-of-state tuition fees for undergraduate students at WIU are $13,297 per year.

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A rank of #4 on this year’s list means University of Wisconsin - Oshkosh is a great value for economics students working on their bachelor’s degree. UW Oshkosh is a fairly large public school located in the small city of Oshkosh.

Out-of-state tuition fees for undergraduate students at UW Oshkosh are $15,306 per year. On average, economics graduates from UW Oshkosh take out $21,597 in student loans while working on their Bachelor's Degree.

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You’ll be in good company if you decide to attend University of Akron Main Campus. It ranked #5 on our 2023 Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the medium-sized city of Akron, University of Akron Main Campus is a public school with a fairly large student population.

The average tuition and fees for an out-of-state undergraduate student at University of Akron Main Campus are $11,880 a year.

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University of Wisconsin - Whitewater came in at #6 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. UW - Whitewater is a large public school located in the town of Whitewater.

UW - Whitewater undergraduate students pay an average of $16,602 in tuition and fees each year.

In addition to its great value ranking, UW - Whitewater is in the top 20% of all schools on our Best Economics Bachelor’s Degree Schools in the Great Lakes Region list.

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#7

Youngstown State University

Youngstown, OH

Youngstown State University landed the #7 spot in the 2023 rankings for the best value bachelor’s degree economics programs. Located in the small city of Youngstown, Youngstown State University is a public school with a large student population.

The average tuition and fees for an out-of-state undergraduate student at Youngstown State University are $9,732 a year.

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Southern Illinois University Carbondale came in at #8 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. SIUC is a fairly large public school located in the city of Carbondale.

The average tuition and fees for an out-of-state undergraduate student at SIUC are $15,240 a year.

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University of Wisconsin - La Crosse came in at #9 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. UW - La Crosse is a large public school located in the city of La Crosse.

Out-of-state tuition fees for undergraduate students at UW - La Crosse are $18,014 per year. The average amount in student loans that economics majors at UW - La Crosse take out while working on their Bachelor's Degree is $21,863.

In addition to its great value ranking, UW - La Crosse is in the top 10% of all schools on our Best Economics Bachelor’s Degree Schools in the Great Lakes Region list.

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#10

Eastern Illinois University

Charleston, IL

Eastern Illinois University landed the #10 spot in the 2023 rankings for the best value bachelor’s degree economics programs. Located in the town of Charleston, EIU is a public college with a moderately-sized student population.

Out-of-state tuition fees for undergraduate students at EIU are $14,551 per year.

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#11

Central Michigan University

Mount Pleasant, MI

Central Michigan University came in at #11 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. Central Michigan is a large public school located in the distant town of Mount Pleasant.

The average tuition and fees for an out-of-state undergraduate student at Central Michigan are $13,094 a year.

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University of Wisconsin - Eau Claire ranked #12 on this year’s Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the city of Eau Claire, UW - Eau Claire is a public school with a fairly large student population.

UW - Eau Claire undergraduate students pay an average of $17,149 in tuition and fees each year. The average amount in student loans that economics majors at UW - Eau Claire take out while working on their Bachelor's Degree is $17,833.

As a testament to the quality of education it offers, UW - Eau Claire also is in the top 15% of our Best Economics Bachelor’s Degree Schools in the Great Lakes Region ranking.

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Additional Noteworthy Schools

These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Value Economics Bachelor's Degree Schools in the Great Lakes Region award.

Rank College Location
13 Northern Illinois University Dekalb, IL
13 University of Wisconsin - Stevens Point Stevens Point, WI
15 Indiana State University Terre Haute, IN
16 University of Southern Indiana Evansville, IN
17 University of Wisconsin - Green Bay Green Bay, WI

Best Economics Colleges by State

Explore the best economics schools for a specific state in the Great Lakes region.

State Degrees Awarded
Michigan 1,496
Ohio 1,136
Illinois 2,155
Indiana 889
Wisconsin 1,225

Economics is one of 12 different types of programs to choose from.

Majors Similar to Economics

Related Major Annual Graduates
Political Science & Government 49,282
Sociology 38,475
General Social Sciences 18,997
International Relations & National Security 14,306
Anthropology 11,415

Notes and References

*These averages are for the top 25 schools only.

  • 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 the rest 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).
  • Credit for the banner image above goes to pixabay.

More about our data sources and methodologies.

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