2023 Best Value Economics Schools in Michigan
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics 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 assist you in seeing some of the education options that are available to you, Grad Degree Search has created its Best Value Economics Schools in Michigan ranking. This report analyzed 6 schools in Michigan to see which ones offered the best value 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.
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2023 Best Value Economics Schools in Michigan
The colleges and universities below are the best value schools for economics majors pursuing a .
Best Michigan Schools for Affordable Quality in Economics
Our analysis found Michigan State University to be the best value school for economics students who want to pursue a degree in Michigan. Michigan State is a fairly 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.
Michigan State also took the #3 spot in our Best Economics Schools in Michigan rankings.
You’ll join some of the best and brightest minds around you if you attend University of Michigan - Ann Arbor. The school came in at #2 on this year’s Best Value Economics Schools in Michigan list. Located in the medium-sized city of Ann Arbor, U-M is a public college with a fairly large student population.
In-state tuition fees for undergraduate students at U-M are $17,193 per year.
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.
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 Central Michigan University. The school came in at #3 on this year’s Best Value Economics Schools in Michigan list. Central Michigan is a 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.
The excellent programs at Western Michigan University helped the school earn the #4 place on this year’s ranking of the best economics schools in Michigan. WMU is a large public school located in the city of Kalamazoo.
In-state tuition fees for undergraduate students at WMU are $13,434 per year.
Read full report on Economics at Western Michigan University
You’ll be in good company if you decide to attend Eastern Michigan University. It ranked #5 on our 2023 Best Value Economics Schools in Michigan list. Eastern Michigan is a large public school located in the large suburb of Ypsilanti.
The average tuition and fees for an in-state undergraduate at Eastern Michigan are $15,500 a year.
With a ranking of #6, Wayne State University did quite well on this year’s best value schools for economics students. Wayne State is a very large public school located in the large city of Detroit.
In-state tuition fees for undergraduate students at Wayne State are $15,199 per year.
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 |
More Economics Rankings in Michigan
Economics Related Majors for Economics
Economics is one of 12 different types of programs to choose from.
Most Popular Related Majors
| 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 6 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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