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Best Value Economics Doctor's Degree Schools in Michigan

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2023 Best Value Economics Doctor's Degree Schools in Michigan

Identifying Quality Schools at More Affordable Prices

4 Colleges
$20,658 Avg Tuition & Fees*
$99,068 Avg Salary

Finding the Best Economics Doctor's Degree School for You

In 2020-2021, 231 degrees and certificates were awarded to economics students who went to a Michigan college or university. This makes it the #34 most popular major in the state.

When it comes to higher education, there are a lot of options for students. 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 help you arm yourself with the information you need to make your decision, Grad Degree Search has developed this Best Value Economics Doctor's Degree Schools in Michigan ranking. This report analyzed 4 schools in Michigan to see which ones offered the best value doctor's degree programs for economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. 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.

For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.

2023 Best Value Economics Doctor’s Degree Schools in Michigan

Check out the economics doctor's degree programs at these schools if you want to get the best value for your educational dollar.

Best Michigan Schools for Affordable Quality for a Doctorate in Economics

#1

Michigan State University

East Lansing, MI

Our analysis found Michigan State University to be the best value school for economics students who want to pursue a doctor’s degree in Michigan. Michigan State is a fairly large public school located in the small city of East Lansing.

The average tuition and fees for an in-state graduate student at Michigan State are $19,714 a year.

Michigan State did well in our overall quality rankings, too. It placed #3 on our Best Economics Doctor’s Degree Schools in Michigan list.

Read full report on Economics at Michigan State University

A rank of #2 on this year’s list means University of Michigan - Ann Arbor is a great value for economics students working on their doctor’s degree. Located in the midsize city of Ann Arbor, U-M is a public school with a fairly large student population.

In-state tuition fees for graduate students at U-M are $25,230 per year.

U-M not only placed well in our value ranking, but it is also #1 on our Best Economics Doctor’s Degree Schools in Michigan list.

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

You’ll join some of the best and brightest minds around you if you attend Western Michigan University. The school came in at #3 on this year’s Best Value Economics Doctor’s Degree Schools in Michigan list. WMU is a large public school located in the small city of Kalamazoo.

In-state tuition fees for graduate students at WMU are $17,807 per year.

Full Economics at Western Michigan University Report

#4

Wayne State University

Detroit, MI

You’ll be in good company if you decide to attend Wayne State University. It ranked #4 on our 2023 Best Value Economics Doctor’s Degree Schools in Michigan list. Wayne State is a very large public school located in the large city of Detroit.

In-state tuition fees for graduate students at Wayne State are $18,937 per year.

Read More…

Best Value Economics Colleges in the Great Lakes Region

Explore all the Best Value Economics Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Illinois 384
Ohio 199
Indiana 97
Wisconsin 265

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

Related Major Annual Graduates
International Relations & National Security 5,010
Political Science & Government 2,664
Geography & Cartography 2,315
Sociology 1,907
Anthropology 1,446

Notes and References

*These averages are for the top 4 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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