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.
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2023 Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region
The colleges and universities below are the best value schools for economics majors pursuing a bachelor's degree.
Top 15% Best Economics Bachelor's Degree Schools
Our 2023 rankings named University of Wisconsin - River Falls the best value school in the Great Lakes Region for economics students working on their bachelor’s degree. Located in the distant town of River Falls, UW - River Falls is a public college with a medium-sized student population.
UW - River Falls undergraduate students pay an average of $15,661 in tuition and fees each year.
UW - River Falls also claimed a spot on our Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. It’s in the top 10% of all schools in this category.
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 suburb of Edwardsville.
The average tuition and fees for an out-of-state undergraduate student at SIUE are $11,496 a year.
Read full report on Economics at Southern Illinois University Edwardsville
The excellent bachelor’s degree programs at Western Illinois University helped the school earn the #3 place on this year’s ranking of the best value economics schools in the Great Lakes Region . Located in the town of Macomb, WIU is a public college with a moderately-sized student population.
WIU undergraduate students pay an average of $13,297 in tuition and fees each year.
Read full report on Economics at Western Illinois University
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 small 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.
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 medium-sized city of Akron, University of Akron Main Campus is a public college 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.
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.
UW - Whitewater undergraduate students pay an average of $16,602 in tuition and fees each year.
On top of its placing in our value ranking, UW - Whitewater also did well on our Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. It’s in the top 20% of all schools reviewed in this analysis.
Read full report on Economics at University of Wisconsin - Whitewater
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 fairly large student population.
Youngstown State University undergraduate students pay an average of $9,732 in tuition and fees each year.
Read full report on Economics at Youngstown State University
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 large public school located in the city of Carbondale.
Out-of-state tuition fees for undergraduate students at SIUC are $15,240 per year.
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 fairly large public school located in the small city of La Crosse.
UW - La Crosse undergraduate students pay an average of $18,014 in tuition and fees each 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.
Read full report on Economics at University of Wisconsin - La Crosse
With a ranking of #10, Eastern Illinois University did quite well on this year’s best value schools for economics students working on their bachelor’s degree. Located in the town of Charleston, EIU is a public school with a medium-sized student population.
Out-of-state tuition fees for undergraduate students at EIU are $14,551 per year.
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 fairly 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.
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 small city of Eau Claire, UW - Eau Claire is a public college with a fairly large student population.
Out-of-state tuition fees for undergraduate students at UW - Eau Claire are $17,149 per 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.
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 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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