2023 Best Value Economics Doctor's Degree Schools in the Great Lakes Region
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics Doctor'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.
To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Economics Doctor's Degree Schools in the Great Lakes Region ranking. Our analysis looked at 18 schools in the Great Lakes Region to see which doctor'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.
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 10 Best Economics Doctor's Degree Schools
Our analysis found Northern Illinois University to be the best value school for economics students who want to pursue a doctor’s degree in the Great Lakes Region . NIU is a large public school located in the small suburb of Dekalb.
Out-of-state tuition fees for graduate students at NIU are $11,390 per year.
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You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2023 Best Value Economics Doctor’s Degree Schools in the Great Lakes Region list. Located in the large city of Madison, UW - Madison is a public school with a very large student population.
UW - Madison graduate students pay an average of $25,501 in tuition and fees each year.
As a testament to the quality of education it offers, UW - Madison also is in the top 15% of our Best Economics Doctor’s Degree Schools in the Great Lakes Region ranking.
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The excellent doctor’s degree programs at Purdue University - Main Campus 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 small city of West Lafayette, Purdue is a public school with a very large student population.
The average tuition and fees for an out-of-state graduate students at Purdue are $28,794 a year.
Purdue excels when it comes to quality. It’s ranked in the top 10% of all schools on our Best Economics Doctor’s Degree Schools in the Great Lakes Region list.
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The excellent doctor’s degree programs at University of Illinois at Urbana-Champaign helped the school earn the #4 place on this year’s ranking of the best value economics schools in the Great Lakes Region . Located in the small city of Champaign, UIUC is a public school with a very large student population.
The average tuition and fees for an out-of-state graduate students at UIUC are $30,862 a year.
UIUC excels when it comes to quality. It’s ranked in the top 10% of all schools on our Best Economics Doctor’s Degree Schools in the Great Lakes Region list.
Full Economics at University of Illinois at Urbana-Champaign Report
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You’ll be in good company if you decide to attend Michigan State University. It ranked #5 on our 2023 Best Value Economics Doctor’s Degree Schools in the Great Lakes Region list. Michigan State is a very large public school located in the small city of East Lansing.
The average tuition and fees for an out-of-state graduate students at Michigan State are $38,638 a year.
Michigan State excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Economics Doctor’s Degree Schools in the Great Lakes Region list.
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Indiana University - Bloomington ranked #6 on this year’s Best Value Economics Doctor’s Degree Schools in the Great Lakes Region list. IU Bloomington is a fairly large public school located in the city of Bloomington.
Out-of-state tuition fees for graduate students at IU Bloomington are $33,352 per year.
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With a ranking of #6, Northwestern University did quite well on this year’s best value schools for economics students working on their doctor’s degree. Located in the city of Evanston, Northwestern is a private not-for-profit college with a fairly large student population.
The average tuition and fees for an out-of-state graduate students at Northwestern are $56,567 a year.
Northwestern not only placed well in our value ranking, but it is also #1 on our Best Economics Doctor’s Degree Schools in the Great Lakes Region list.
Full Economics at Northwestern University Report
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University of Chicago came in at #8 in this year’s edition of the Best Value Economics Doctor’s Degree Schools in the Great Lakes Region ranking. UChicago is a fairly large private not-for-profit school located in the city of Chicago.
The average tuition and fees for an out-of-state graduate students at UChicago are $63,936 a year.
UChicago did well in our overall quality rankings, too. It placed #2 on our Best Economics Doctor’s Degree Schools in the Great Lakes Region list.
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University of Notre Dame ranked #9 on this year’s Best Value Economics Doctor’s Degree Schools in the Great Lakes Region list. Located in the suburb of Notre Dame, Notre Dame is a private not-for-profit college with a fairly large student population.
Notre Dame graduate students pay an average of $58,662 in tuition and fees each year.
Notre Dame also made our Best Economics Doctor’s Degree Schools in the Great Lakes Region list, coming in at #4.
Full Economics at University of Notre Dame Report
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University of Wisconsin - Milwaukee did quite well in this year’s ranking of the best places for economics students to get a doctor’s degree. It came in at #10 on the list. Located in the large city of Milwaukee, UWM is a public college with a fairly large student population.
UWM graduate students pay an average of $25,651 in tuition and fees each year.
Full Economics at University of Wisconsin - Milwaukee Report
Request InformationBest 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 |
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 18 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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