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Most Popular Economics Bachelor's Degree Schools in the Great Lakes Region

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2023 Most Popular Economics Bachelor's Degree Schools in the Great Lakes Region

143 Colleges

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.

Along with in-depth profiles of schools and the programs they offer, Business Degree Central has created the Most Popular Economics Bachelor's Degree Schools in the Great Lakes Region to help you in your search for the best school for you. This report analyzed 143 schools in the Great Lakes Region to see which ones were the most popular bachelor's degree programs for business students. To create this ranking we looked at how many students graduated from the Economics program at each school on the list.

The colleges and universities below are the most popular for economics majors pursuing a bachelor's degree.

Our 2023 rankings named University of Wisconsin - Madison the most popular school in the Great Lakes Region for economics students working on their bachelor’s degree. Located in the large city of Madison, UW - Madison is a public school with a very large student population.

Of the 546 students majoring in economics at UW - Madison, 71% are male and 29% are female.

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.

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Out of the 143 schools in the Great Lakes Region that were part of this year’s ranking, University of Michigan - Ann Arbor landed the # 2 spot on the list. Located in the medium-sized city of Ann Arbor, U-M is a public school with a fairly large student population.

Women make up 33% of the economics majors at the school.

The average amount in student loans that economics majors at U-M take out while working on their Bachelor's Degree is $17,524. This translates to an average monthly loan payment of $853, based on a 10-year repayment plan.

Full Economics at University of Michigan - Ann Arbor Report

#3

University of Chicago

Chicago, IL

You’ll be in good company if you decide to attend University of Chicago. It ranked #3 on our 2023 Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. UChicago is a large private not-for-profit school located in the large city of Chicago.

About 39% of the students majoring in economics at the school are women while 61% are male.

On average, economics graduates from UChicago take out $14,165 in student loans while working on their Bachelor's Degree.

Full Economics at University of Chicago Report

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #4 on our 2023 Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the small city of Champaign, UIUC is a public school with a fairly large student population.

About 28% of the students majoring in economics at the school are women while 72% are male.

On average, economics graduates from UIUC take out $18,364 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $488.

Full Economics at University of Illinois at Urbana-Champaign Report

#5

Northwestern University

Evanston, IL

A rank of #5 on this year’s list means Northwestern University is a great place for economics students working on their bachelor’s degree. Located in the city of Evanston, Northwestern is a private not-for-profit school with a fairly large student population.

About 38% of the students majoring in economics at the school are women while 62% are male.

After completing their Bachelor's Degree, economics graduates from Northwestern carry an average student debt load of $15,952. This translates to an average monthly loan payment of $546, based on a 10-year repayment plan.

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#6

Michigan State University

East Lansing, MI

Michigan State University ranked #6 on this year’s Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. Michigan State is a fairly large public school located in the small city of East Lansing.

Of the 275 students majoring in economics at Michigan State, 84% are male and 16% are female.

On average, economics graduates from Michigan State take out $22,299 in student loans while working on their Bachelor's Degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $393.

Read full report on Economics at Michigan State University

With a ranking of #7, Ohio State University - Main Campus did quite well on this year’s most popular schools for economics students working on their bachelor’s degree. Located in the city of Columbus, Ohio State is a public school with a very large student population.

Of the 306 students majoring in economics at Ohio State, 71% are male and 29% are female.

The average amount in student loans that economics majors at Ohio State take out while working on their Bachelor's Degree is $20,692. For students who choose a 10-year repayment plan, the average monthly student loan payment is $289.

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#8

University of Notre Dame

Notre Dame, IN

University of Notre Dame came in at #8 in this year’s edition of the Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit school with a large student population.

Women make up 29% of the economics majors at the school.

After completing their Bachelor's Degree, economics graduates from Notre Dame carry an average student debt load of $18,335. The average monthly payment of a loan this size is about $666, assuming that the borrower is on a 10-year repayment plan.

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#9

Purdue University - Main Campus

West Lafayette, IN

Purdue University - Main Campus ranked #9 on this year’s Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the small city of West Lafayette, Purdue is a public school with a fairly large student population.

Of the 132 students majoring in economics at Purdue, 69% are male and 31% are female.

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Miami University - Oxford ranked #10 on this year’s Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the town of Oxford, Miami University - Oxford is a public college with a fairly large student population.

Of the 111 students majoring in economics at Miami University - Oxford, 68% are male and 32% are female.

Economics majors at Miami University - Oxford take out an average of $20,476 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $772.

Read full report on Economics at Miami University - Oxford

With a ranking of #11, Indiana University - Bloomington did quite well on this year’s most popular schools for economics students working on their bachelor’s degree. IU Bloomington is a very large public school located in the city of Bloomington.

Of the 98 students majoring in economics at IU Bloomington, 82% are male and 18% are female.

Full Economics at Indiana University - Bloomington Report

With a ranking of #12, University of Illinois at Chicago did quite well on this year’s most popular schools for economics students working on their bachelor’s degree. UIC is a very large public school located in the large city of Chicago.

About 35% of the students majoring in economics at the school are women while 65% are male.

The average amount in student loans that economics majors at UIC take out while working on their Bachelor's Degree is $17,850.

Read full report on Economics at University of Illinois at Chicago

#13

DePauw University

Greencastle, IN

DePauw University came in at #13 in this year’s edition of the Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. Located in the distant town of Greencastle, DePauw is a private not-for-profit school with a small student population.

Of the 61 students majoring in economics at DePauw, 75% are male and 25% are female.

For students who choose a 10-year repayment plan, the average monthly student loan payment is $935.

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University of Cincinnati - Main Campus came in at #14 in this year’s edition of the Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. UC is a very large public school located in the city of Cincinnati.

Women make up 22% of the economics majors at the school.

On average, economics graduates from UC take out $18,988 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $440.

Full Economics at University of Cincinnati - Main Campus Report

#15

Denison University

Granville, OH

With a ranking of #15, Denison University did quite well on this year’s most popular schools for economics students working on their bachelor’s degree. Denison is a small private not-for-profit school located in the suburb of Granville.

Of the 77 students majoring in economics at Denison, 65% are male and 35% are female.

Read full report on Economics at Denison University

Case Western Reserve University landed the #16 spot in the 2023 rankings for the most popular bachelor’s degree economics programs. Case Western is a fairly large private not-for-profit school located in the large city of Cleveland.

Women make up 27% of the economics majors at the school.

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University of Wisconsin - Oshkosh came in at #17 in this year’s edition of the Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. UW Oshkosh is a large public school located in the small city of Oshkosh.

About 22% of the students majoring in economics at the school are women while 78% are male.

After completing their Bachelor's Degree, economics graduates from UW Oshkosh carry an average student debt load of $21,177.

Read full report on Economics at University of Wisconsin - Oshkosh

University of Wisconsin - Milwaukee ranked #17 on this year’s Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. Located in the city of Milwaukee, UWM is a public school with a very large student population.

About 40% of the students majoring in economics at the school are women while 60% are male.

The average amount in student loans that economics majors at UWM take out while working on their Bachelor's Degree is $24,453.

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Kent State University at Kent ranked #19 on this year’s Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region list. Kent State is a very large public school located in the large suburb of Kent.

Of the 50 students majoring in economics at Kent State, 54% are male and 46% are female.

Economics majors at Kent State take out an average of $22,066 in student loans while working on their Bachelor's Degree.

Full Economics at Kent State University at Kent Report

#19

Ball State University

Muncie, IN

Ball State University came in at #19 in this year’s edition of the Most Popular Economics Bachelor’s Degree Schools in the Great Lakes Region ranking. Located in the city of Muncie, Ball State is a public school with a large student population.

Women make up 30% of the economics majors at the school.

Full Economics at Ball State University Report

#19

Wayne State University

Detroit, MI

Wayne State University did quite well in this year’s ranking of the most popular places for economics students to get a bachelor’s degree. It came in at #19 on the list. Wayne State is a fairly large public school located in the large city of Detroit.

Women make up 46% of the economics majors at the school.

On average, economics graduates from Wayne State take out $21,136 in student loans while working on their Bachelor's Degree.

Full Economics at Wayne State University Report

Additional Noteworthy Schools

These are some additional schools worth mentioning that are also popular but just didn't quite make the cut to earn our top Most Popular Economics Bachelor's Degree Schools in the Great Lakes Region award.

Rank College Location
22 Marquette University Milwaukee, WI
23 Wheaton College Illinois Wheaton, IL
24 Illinois State University Normal, IL
24 Oberlin College Oberlin, OH
24 Hillsdale College Hillsdale, MI
24 Albion College Albion, MI
28 Lake Forest College Lake Forest, IL

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 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 27 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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