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Most Popular Economics Schools in Michigan

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2023 Most Popular Economics Schools in Michigan

25 Colleges
$41,966 Avg Salary
$24,368 Avg Student Debt

Finding the Best Economics 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.

To assist you in seeing some of the education options that are available to you, Course Advisor has created its Most Popular Economics Schools in Michigan ranking. This report analyzed 25 schools in Michigan to see which ones were the most popular programs for students. To create this ranking we looked at how many students graduated from the Economics program at each school on the list.

The following schools top our list of the Most Popular Economics Colleges.

Our 2023 rankings named University of Michigan - Ann Arbor the most popular school in Michigan for economics students. Located in the midsize city of Ann Arbor, U-M is a public college with a fairly large student population.

Economics majors at U-M take out an average of $18,742 in student loans while working on their egree. The average monthly payment of a loan this size is about $481, assuming that the borrower is on a 10-year repayment plan.

Read full report on Economics at University of Michigan - Ann Arbor

#2

Michigan State University

East Lansing, MI

You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2023 Most Popular Economics Schools in Michigan list. Michigan State is a fairly large public school located in the small city of East Lansing.

Economics majors at Michigan State take out an average of $24,125 in student loans while working on their egree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $341.

Read full report on Economics at Michigan State University

#3

Wayne State University

Detroit, MI

You’ll be in good company if you decide to attend Wayne State University. It ranked #3 on our 2023 Most Popular Economics Schools in Michigan list. Wayne State is a very large public school located in the large city of Detroit.

While working on their degree, economics majors at Wayne State accumulate an average of around $25,500 in student debt.

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#4

Hillsdale College

Hillsdale, MI

You’ll join some of the best and brightest minds around you if you attend Hillsdale College. The school came in at #4 on this year’s Most Popular Economics Schools in Michigan list. Hillsdale College is a small private not-for-profit school located in the town of Hillsdale.

Full Economics at Hillsdale College Report

#4

Albion College

Albion, MI

You’ll join some of the best and brightest minds around you if you attend Albion College. The school came in at #4 on this year’s Most Popular Economics Schools in Michigan list. Located in the town of Albion, Albion is a private not-for-profit school with a small student population.

Economics majors at Albion take out an average of $27,000 in student loans while working on their egree.

Read full report on Economics at Albion College

Eastern Michigan University ranked #6 on this year’s Most Popular Economics Schools in Michigan list. Eastern Michigan is a fairly large public school located in the large suburb of Ypsilanti.

While working on their degree, economics majors at Eastern Michigan accumulate an average of around $23,633 in student debt.

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Western Michigan University came in at #7 in this year’s edition of the Most Popular Economics Schools in Michigan ranking. WMU is a fairly large public school located in the small city of Kalamazoo.

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University of Detroit Mercy came in at #8 in this year’s edition of the Most Popular Economics Schools in Michigan ranking. Detroit Mercy is a moderately-sized private not-for-profit school located in the large city of Detroit.

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#9

Calvin University

Grand Rapids, MI

With a ranking of #9, Calvin University did quite well on this year’s most popular schools for economics students. Calvin is a small private not-for-profit school located in the medium-sized city of Grand Rapids.

On average, economics graduates from Calvin take out $21,250 in student loans while working on their degree.

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With a ranking of #10, University of Michigan - Dearborn did quite well on this year’s most popular schools for economics students. Located in the medium-sized city of Dearborn, UM Dearborn is a public school with a moderately-sized student population.

After completing their degree, economics graduates from UM Dearborn carry an average student debt load of $21,875.

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Best Economics Colleges in the Great Lakes Region

Explore all the Most Popular 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

Economics is one of 12 different types of programs to choose from.

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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