2023 Best Value Economics Bachelor's Degree Schools in the Great Lakes Region
Identifying Quality Schools at More Affordable Prices
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 college with a moderately-sized student population.
The average tuition and fees for an out-of-state undergraduate student at UW - River Falls are $15,661 a year.
UW - River Falls excels when it comes to quality. It’s ranked in the top 10% of all schools on our Best Economics Bachelor’s Degree Schools in the Great Lakes Region list.
Full Economics at University of Wisconsin - River Falls Report
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A rank of #2 on this year’s list means Southern Illinois University Edwardsville is a great value for economics students working on their bachelor’s degree. SIUE is a large public school located in the large suburb of Edwardsville.
Out-of-state tuition fees for undergraduate students at SIUE are $11,496 per 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 remote town of Macomb, WIU is a public school with a medium-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 large public school located in the city of Oshkosh.
The average tuition and fees for an out-of-state undergraduate student at UW Oshkosh are $15,306 a 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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A rank of #5 on this year’s list means University of Akron Main Campus is a great value for economics students working on their bachelor’s degree. Located in the city of Akron, University of Akron Main Campus is a public school with a fairly large student population.
University of Akron Main Campus undergraduate students pay an average of $11,880 in tuition and fees each year.
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University of Wisconsin - Whitewater ranked #6 on this year’s Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region list. UW - Whitewater is a large public school located in the town of Whitewater.
The average tuition and fees for an out-of-state undergraduate student at UW - Whitewater are $16,602 a 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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Youngstown State University came in at #7 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. Located in the small city of Youngstown, Youngstown State University is a public college with a fairly 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 ranked #8 on this year’s Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region list. SIUC is a large public school located in the city of Carbondale.
SIUC undergraduate students pay an average of $15,240 in tuition and fees each year.
Full Economics at Southern Illinois University Carbondale Report
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University of Wisconsin - La Crosse landed the #9 spot in the 2023 rankings for the best value bachelor’s degree economics programs. 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.
On top of its placing in our value ranking, UW - La Crosse 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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Eastern Illinois University did quite well in this year’s ranking of the best places for economics students to get a bachelor’s degree. It came in at #10 on the list. Located in the town of Charleston, EIU is a public college with a medium-sized student population.
Out-of-state tuition fees for undergraduate students at EIU are $14,551 per year.
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Central Michigan University did quite well in this year’s ranking of the best places for economics students to get a bachelor’s degree. It came in at #11 on the list. Central Michigan is a large public school located in the town of Mount Pleasant.
Central Michigan undergraduate students pay an average of $13,094 in tuition and fees each year.
Full Economics at Central Michigan University Report
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University of Wisconsin - Eau Claire did quite well in this year’s ranking of the best places for economics students to get a bachelor’s degree. It came in at #12 on the list. Located in the city of Eau Claire, UW - Eau Claire is a public college with a large student population.
The average tuition and fees for an out-of-state undergraduate student at UW - Eau Claire are $17,149 a 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.
Full Economics at University of Wisconsin - Eau Claire Report
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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 colleges 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 |
More Economics Rankings in the Great Lakes Region
Economics Related Majors for Economics
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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