2023 Best Economics Bachelor's Degree Schools in the Great Lakes Region
Finding the Best Economics Bachelor's Degree School for You
When it comes to higher education, there are a lot of options for business students. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.
To assist you in seeing some of the education options that are available to you, Business Degree Central has created its Best Economics Bachelor's Degree Schools in the Great Lakes Region ranking. Our analysis looked at 86 schools in the Great Lakes Region to see which bachelor's degree programs offered the best educational experiences for business students. To come up with a school's ranking, we analyzed numerous factors related to post-graduation wages, the quality of education offered by the school, average accumulated student debt, and more.
View our full ranking methodology.
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2023 Best Economics Bachelor’s Degree Schools in the Great Lakes Region
The colleges and universities below are the best for economics majors pursuing a bachelor's degree.
Top 15% Best Economics Bachelor's Degree Schools
Our analysis found University of Chicago to be the best school for economics students who want to pursue a bachelor’s degree in the Great Lakes Region . UChicago is a large private not-for-profit school located in the large city of Chicago.
While working on their Bachelor's Degree, economics majors at UChicago accumulate an average of around $14,165 in student debt.
The excellent bachelor’s degree programs at University of Notre Dame helped the school earn the #2 place on this year’s ranking of the best economics schools in the Great Lakes Region . Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit school with a fairly large student population.
While working on their Bachelor's Degree, economics majors at Notre Dame accumulate an average of around $18,335 in student debt. The average monthly payment of a loan this size is about $666, assuming that the borrower is on a 10-year repayment plan.
You’ll join some of the best and brightest minds around you if you attend Northwestern University. The school came in at #3 on this year’s Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the city of Evanston, Northwestern is a private not-for-profit school with a very large student population.
On average, economics graduates from Northwestern take out $15,952 in student loans while working on their Bachelor's Degree. This translates to an average monthly loan payment of $546, based on a 10-year repayment plan.
Out of the 86 schools in the Great Lakes Region that were part of this year’s ranking, DePauw University landed the # 4 spot on the list. Located in the distant town of Greencastle, DePauw is a private not-for-profit school with a small student population.
For students who choose a 10-year repayment plan, the average monthly student loan payment is $935.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #5 on our 2023 Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the medium-sized city of Ann Arbor, U-M is a public college with a fairly large student population.
After completing their Bachelor's Degree, economics graduates from U-M carry an average student debtload of $17,524. This translates to an average monthly loan payment of $853, based on a 10-year repayment plan.
Denison University 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 #6 on the list. Denison is a small private not-for-profit school located in the small suburb of Granville.
Wheaton College Illinois landed the #7 spot in the 2023 rankings for the best bachelor’s degree economics programs. Wheaton College Illinois is a small private not-for-profit school located in the suburb of Wheaton.
University of Wisconsin - River Falls ranked #8 on this year’s Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the town of River Falls, UW - River Falls is a public college with a moderately-sized student population.
University of Wisconsin - Madison ranked #9 on this year’s Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the large city of Madison, UW - Madison is a public college with a very large student population.
On average, economics graduates from UW - Madison take out $18,939 in student loans while working on their Bachelor's Degree. The average monthly payment of a loan this size is about $345, assuming that the borrower is on a 10-year repayment plan.
Marquette University ranked #10 on this year’s Best Economics Bachelor’s Degree Schools in the Great Lakes Region list. Marquette is a large private not-for-profit school located in the large city of Milwaukee.
When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $570.
University of Illinois at Urbana-Champaign landed the #11 spot in the 2023 rankings for the best bachelor’s degree economics programs. Located in the small city of Champaign, UIUC is a public college with a very large student population.
While working on their Bachelor's Degree, economics majors at UIUC accumulate an average of around $18,364 in student debt. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $488.
Read full report on Economics at University of Illinois at Urbana-Champaign
Case Western Reserve University 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 #12 on the list. Case Western is a fairly large private not-for-profit school located in the large city of Cleveland.
Additional Noteworthy Schools
These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Economics Bachelor's Degree Schools in the Great Lakes Region award.
| Rank | College | Location |
|---|---|---|
| 13 | Oberlin College | Oberlin, OH |
| 14 | Lake Forest College | Lake Forest, IL |
| 15 | Kenyon College | Gambier, OH |
| 16 | Purdue University - Main Campus | West Lafayette, IN |
| 17 | University of Dayton | Dayton, OH |
Best Economics Colleges by State
Explore the best economics schools for a specific state in the Great Lakes region.
| State | Degrees Awarded |
|---|---|
| Michigan | 1,493 |
| Ohio | 1,134 |
| Illinois | 2,131 |
| Indiana | 880 |
| Wisconsin | 1,225 |
Economics Related Rankings by Major
Economics Concentrations
| Major | Annual Graduates |
|---|---|
| General Economics | 25,066 |
| Econometrics & Quantitative Economics | 21,078 |
| Applied Economics | 550 |
| Development Economics & International Development | 535 |
| International Economics | 305 |
| Other Economics | 275 |
Notes and References
*These averages are for the top 25 schools only.
- Read more about our ranking methodology.
- 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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