2023 Best Value Economics Bachelor's Degree Schools in Michigan
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics Bachelor's Degree School for You
With 1,496 degrees and certificates handed out in 2020-2021, economics is the #15 most popular major in Michigan.
There are lots of options to pick from today when trying to decide which program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.
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 Michigan to help you in your search for the best school for you. Our analysis looked at 13 schools in Michigan to see which bachelor's degree programs offered the best value experiences for economics students with the aim of identifying those quality schools that are more affordable than some of their counterparts.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. 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.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.
Top 10 Best Economics Bachelor's Degree Schools
Our analysis found University of Michigan - Ann Arbor to be the best value school for economics students who want to pursue a bachelor’s degree in Michigan. Located in the medium-sized city of Ann Arbor, U-M is a public college with a very large student population.
U-M undergraduate students pay an average of $17,193 in in-state tuition and fees each year. While working on their Bachelor's Degree, economics majors at U-M accumulate an average of around $17,284 in student debt. The average monthly payment of a loan this size is about $481, assuming that the borrower is on a 10-year repayment plan.
U-M also took the #1 spot in our Best Economics Bachelor’s Degree Schools in Michigan rankings.
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You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2023 Best Value Economics Bachelor’s Degree Schools in Michigan list. Michigan State is a very large public school located in the city of East Lansing.
Michigan State undergraduate students pay an average of $15,966 in in-state tuition and fees each year. After completing their Bachelor's Degree, economics graduates from Michigan State carry an average student debtload of $24,298. For students who choose a 10-year repayment plan, the average monthly student loan payment is $341.
Michigan State also made our Best Economics Bachelor’s Degree Schools in Michigan list, coming in at #3.
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The excellent bachelor’s degree programs at Grand Valley State University helped the school earn the #3 place on this year’s ranking of the best value economics schools in Michigan. Located in the large suburb of Allendale, GVSU is a public school with a fairly large student population.
GVSU undergraduate students pay an average of $13,900 in in-state tuition and fees each year.
As a testament to the quality of education it offers, GVSU also is in the top 20% of our Best Economics Bachelor’s Degree Schools in Michigan ranking.
Full Economics at Grand Valley State University Report
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A rank of #4 on this year’s list means Western Michigan University is a great value for economics students working on their bachelor’s degree. WMU is a large public school located in the small city of Kalamazoo.
WMU undergraduate students pay an average of $13,434 in in-state tuition and fees each year.
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The excellent bachelor’s degree programs at Central Michigan University helped the school earn the #5 place on this year’s ranking of the best value economics schools in Michigan. 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 in-state tuition and fees each year.
Full Economics at Central Michigan University Report
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Northern Michigan University came in at #6 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in Michigan ranking. Located in the remote town of Marquette, Northern Michigan University is a public college with a moderately-sized student population.
In-state tuition fees for undergraduate students at Northern Michigan University are $13,206 per year. After completing their Bachelor's Degree, economics graduates from Northern Michigan University carry an average student debtload of $23,860.
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Eastern Michigan University came in at #7 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in Michigan ranking. Eastern Michigan is a fairly large public school located in the suburb of Ypsilanti.
Eastern Michigan undergraduate students pay an average of $15,500 in in-state tuition and fees each year. On average, economics graduates from Eastern Michigan take out $22,448 in student loans while working on their Bachelor's Degree.
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University of Michigan - Dearborn ranked #8 on this year’s Best Value Economics Bachelor’s Degree Schools in Michigan list. Located in the midsize city of Dearborn, UM Dearborn is a public school with a moderately-sized student population.
UM Dearborn undergraduate students pay an average of $13,816 in in-state tuition and fees each year. The average amount in student loans that economics majors at UM Dearborn take out while working on their Bachelor's Degree is $23,649.
Full Economics at University of Michigan - Dearborn Report
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With a ranking of #9, Oakland University did quite well on this year’s best value schools for economics students working on their bachelor’s degree. Located in the large suburb of Rochester Hills, Oakland is a public school with a large student population.
Oakland undergraduate students pay an average of $15,135 in in-state tuition and fees each year. Economics majors at Oakland take out an average of $27,551 in student loans while working on their Bachelor's Degree.
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Wayne State University ranked #10 on this year’s Best Value Economics Bachelor’s Degree Schools in Michigan list. Wayne State is a fairly large public school located in the city of Detroit.
The average tuition and fees for an in-state undergraduate at Wayne State are $15,199 a year. While working on their Bachelor's Degree, economics majors at Wayne State accumulate an average of around $26,486 in student debt.
Full Economics at Wayne State University Report
Request InformationBest Value Economics Colleges in the Great Lakes Region
Explore all the Best Value Economics Schools in the Great Lakes Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Ohio | 1,136 |
| Illinois | 2,155 |
| Indiana | 889 |
| Wisconsin | 1,225 |
More Economics Rankings in Michigan
Economics Related Majors for Economics
Economics is one of 12 different types of programs to choose from.
Most Popular Majors Related 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 13 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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