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 2023 rankings named University of Michigan - Ann Arbor the best value school in Michigan for economics students working on their bachelor’s degree. Located in the midsize city of Ann Arbor, U-M is a public school with a very large student population.
In-state tuition fees for undergraduate students at U-M are $17,193 per 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.
In addition to its best value ranking, and one of the reasons why the school is on the list, U-M is ranked #1 for overall quality for economics in Michigan.
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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 fairly large public school located in the small city of East Lansing.
In-state tuition fees for undergraduate students at Michigan State are $15,966 per 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 did well in our overall quality rankings, too. It placed #3 on our Best Economics Bachelor’s Degree Schools in Michigan list.
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You’ll join some of the best and brightest minds around you if you attend Grand Valley State University. The school came in at #3 on this year’s Best Value Economics Bachelor’s Degree Schools in Michigan list. Located in the suburb of Allendale, GVSU is a public college with a fairly large student population.
The average tuition and fees for an in-state undergraduate at GVSU are $13,900 a year.
GVSU excels when it comes to quality. It’s ranked in the top 20% of all schools on our Best Economics Bachelor’s Degree Schools in Michigan list.
Full Economics at Grand Valley State University Report
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You’ll join some of the best and brightest minds around you if you attend Western Michigan University. The school came in at #4 on this year’s Best Value Economics Bachelor’s Degree Schools in Michigan list. WMU is a fairly large public school located in the small city of Kalamazoo.
The average tuition and fees for an in-state undergraduate at WMU are $13,434 a year.
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A rank of #5 on this year’s list means Central Michigan University is a great value for economics students working on their bachelor’s degree. Central Michigan is a fairly large public school located in the distant 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 landed the #6 spot in the 2023 rankings for the best value bachelor’s degree economics programs. Located in the town of Marquette, Northern Michigan University is a public school 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 ranked #7 on this year’s Best Value Economics Bachelor’s Degree Schools in Michigan list. 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.
Full Economics at Eastern Michigan University Report
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University of Michigan - Dearborn 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 #8 on the list. Located in the city of Dearborn, UM Dearborn is a public college with a medium-sized student population.
In-state tuition fees for undergraduate students at UM Dearborn are $13,816 per 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.
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Oakland University came in at #9 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in Michigan ranking. Located in the suburb of Rochester Hills, Oakland is a public college with a fairly large student population.
In-state tuition fees for undergraduate students at Oakland are $15,135 per year. Economics majors at Oakland take out an average of $27,551 in student loans while working on their Bachelor's Degree.
Full Economics at Oakland University Report
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Wayne State University came in at #10 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in Michigan ranking. Wayne State is a fairly large public school located in the city of Detroit.
Wayne State undergraduate students pay an average of $15,199 in in-state tuition and fees each 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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