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Identifying High-Quality Schools With More Affordable Pricing
When it comes to higher education, there are a lot of options for business students. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school or bootcamp that prepares you to enter the workforce with knowledge in a specific field.
To assist you in seeing some of the education options that are available to you, Business Degree Central has created its <nil> ranking.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. 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.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.
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Top Value Business Schools in Michigan
Learn more about these excellent schools below:
Our analysis found Washtenaw Community College to be the best value school for business students in Michigan. Located in Ann Arbor, Michigan, the fairly large public school handed out 427 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Washtenaw Community College are $5,856 a year. By the time they get their degree, students from this school have racked up an average of $20,323 in student loans. During the early years of their career, Washtenaw Community College graduates make an average of $36,288 annually.
In addition to its great value ranking, Washtenaw Community College is in the top 20% of all schools on our list.
You’ll be in good company if you decide to attend Wayne County Community College District. It ranked #2 on our list. WCCCD is a public institution located in Detroit, Michigan. The school has a fairly large population, and it awarded 59 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at WCCCD are $3,998 a year. On average, students take out $23,369 in loans while pursuing their degree. Once they receive their degree, WCCCD graduates enter the workforce, making an average salary of $36,660 during the early year of their career.
A rank of #3 on this year’s list means Macomb Community College is a great place for business students who want to get the most value for their educational dollar. Located in Warren, Michigan, the fairly large public school awarded 300 diplomas to qualifed students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Macomb Community College are $7,680 per year. By the time they get their degree, students from this school have racked up an average of $11,351 in student loans. Once they receive their degree, Macomb Community College graduates enter the workforce, making an average salary of $36,546 during the early year of their career.
In addition to its best value ranking, and one of the reasons why the school is on the list, Macomb Community College is ranked #3 for overall quality in Michigan.
Out of the 43 schools in Michigan that were part of this year’s ranking, Oakland Community College landed the # 4 spot on the list. Oakland Community College is a public institution located in Bloomfield Hills, Michigan. The school has a fairly large population, and it awarded 316 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Oakland Community College are $5,200 per year. By the time they get their degree, students from this school have racked up an average of $19,359 in student loans. Once they receive their degree, Oakland Community College graduates enter the workforce, making an average salary of $38,470 during the early year of their career.
Out of the 43 schools in Michigan that were part of this year’s ranking, Schoolcraft College landed the # 5 spot on the list. Livonia, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out degrees to 243 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Schoolcraft College are $7,574 per year. By the time they get their degree, students from this school have racked up an average of $18,481 in student loans.After graduating from Schoolcraft College, students go on to jobs where they make an average of $30,604 during the early years of their career.
Mott Community College ranked #6 on this year’s list. Located in Flint, Michigan, the medium-sized public school awarded 76 diplomas to qualifed students in 2020-2021.
MCC undergraduate students pay an average of $7,091 in tuition and fees each year. Degree recipients from the school accumulate an average of $21,408 in student debt by the time they complete their degree. Once they receive their degree, MCC graduates enter the workforce, making an average salary of $36,931 during the early year of their career.
Lansing Community College did quite well in this year’s ranking of the best value places for business students. It came in at #7 on the list. Located in Lansing, Michigan, the fairly large public school awarded 131 diplomas to qualifed students in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at LCC are $10,760 a year. By the time they get their degree, students from this school have racked up an average of $18,287 in student loans.After graduating from LCC, students go on to jobs where they make an average of $45,008 during the early years of their career.
Henry Ford College did quite well in this year’s ranking of the best value places for business students. It came in at #8 on the list. Henry Ford College is a public institution located in Dearborn, Michigan. The school has a fairly large population, and it awarded 242 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Henry Ford College are $7,192 a year. Degree recipients from the school accumulate an average of $24,475 in student debt by the time they complete their degree. Once they receive their degree, Henry Ford College graduates enter the workforce, making an average salary of $38,713 during the early year of their career.
Grand Rapids Community College came in at #9 in this year’s edition of the ranking. Located in Grand Rapids, Michigan, the fairly large public school awarded 163 diplomas to qualifed students in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Grand Rapids Community College are $11,589 a year. Degree recipients from the school accumulate an average of $15,385 in student debt by the time they complete their degree. During the early years of their career, Grand Rapids Community College graduates make an average of $35,054 annually.
Jackson College came in at #10 in this year’s edition of the ranking. Jackson College is located in Jackson, Michigan and has a small student population. In 2020-2021, this school awarded 82 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at Jackson College are $11,190 a year. By the time they get their degree, students from this school have racked up an average of $18,947 in student loans. During the early years of their career, Jackson College graduates make an average of $39,282 annually.
Delta College did quite well in this year’s ranking of the best value places for business students. It came in at #11 on the list. Delta College is located in University Center, Michigan and has a medium-sized student population. In 2020-2021, this school awarded 80 degrees to qualified students.
Out-of-state tuition fees for undergraduate students at Delta College are $7,100 per year. By the time they get their degree, students from this school have racked up an average of $16,547 in student loans. Once they receive their degree, Delta College graduates enter the workforce, making an average salary of $40,630 during the early year of their career.
University of Michigan - Ann Arbor came in at #12 in this year’s edition of the ranking. Located in Ann Arbor, Michigan, the large public school handed out 2,419 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at U-M are $55,097 a year. On average, students take out $17,682 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $419 if they are on a 10-year repayment plan. During the early years of their career, U-M graduates make an average of $58,051 annually.
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 in Michigan.
Kellogg Community College landed the #13 spot in the rankings for the best value business programs. Kellogg Community College is a small public school located in Battle Creek, Michigan that handed out 109 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Kellogg Community College are $9,450 per year. By the time they get their degree, students from this school have racked up an average of $25,435 in student loans.After graduating from Kellogg Community College, students go on to jobs where they make an average of $37,943 during the early years of their career.
Michigan State University landed the #14 spot in the rankings for the best value business programs. Located in East Lansing, Michigan, the large public school awarded 3,382 diplomas to qualifed students in 2020-2021.
Michigan State undergraduate students pay an average of $41,290 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $24,447 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $428. During the early years of their career, Michigan State graduates make an average of $47,302 annually.
Michigan State also made our list, coming in at #2.
Grand Valley State University did quite well in this year’s ranking of the best value places for business students. It came in at #15 on the list. Grand Valley State University is a large public school located in Allendale, Michigan that handed out 1,734 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at GVSU are $19,628 a year. Degree recipients from the school accumulate an average of $25,527 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $243, assuming you are on a 10-year repayment plan.After graduating from GVSU, students go on to jobs where they make an average of $43,501 during the early years of their career.
GVSU also took the #5 spot in our rankings.
Baker College came in at #16 in this year’s edition of the ranking. Baker College is a private not-for-profit institution located in Owosso, Michigan. The school has a small population, and it awarded 496 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Baker College are $12,420 per year. By the time they get their degree, students from this school have racked up an average of $30,021 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $86, assuming you are on a 10-year repayment plan. Once they receive their degree, Baker College graduates enter the workforce, making an average salary of $41,022 during the early year of their career.
Saginaw Valley State University ranked #17 on this year’s list. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 286 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Saginaw Valley State University are $26,144 per year. On average, students take out $29,456 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $179, assuming you are on a 10-year repayment plan. During the early years of their career, Saginaw Valley State University graduates make an average of $42,305 annually.
Ferris State University did quite well in this year’s ranking of the best value places for business students. It came in at #18 on the list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 686 degrees in 2020-2021.
Ferris undergraduate students pay an average of $13,188 in tuition and fees each year. On average, students take out $25,330 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $189 if they are on a 10-year repayment plan.After graduating from Ferris, students go on to jobs where they make an average of $47,887 during the early years of their career.
Central Michigan University landed the #19 spot in the rankings for the best value business programs. Central Michigan is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 1,802 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Central Michigan are $13,094 a year. By the time they get their degree, students from this school have racked up an average of $29,288 in student loans. Those who take out this much in loans have to make a monthly payment of about $251 if they are on a 10-year repayment plan.After graduating from Central Michigan, students go on to jobs where they make an average of $45,509 during the early years of their career.
Western Michigan University came in at #20 in this year’s edition of the ranking. Located in Kalamazoo, Michigan, the fairly large public school handed out 1,122 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at WMU are $16,768 a year. Degree recipients from the school accumulate an average of $27,986 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $269, assuming you are on a 10-year repayment plan. Once they receive their degree, WMU graduates enter the workforce, making an average salary of $43,765 during the early year of their career.
University of Michigan - Flint landed the #21 spot in the rankings for the best value business programs. This medium-sized public school is located in Flint, Michigan, and it awarded 285 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at UM Flint are $24,058 per year. By the time they get their degree, students from this school have racked up an average of $31,408 in student loans. Once they receive their degree, UM Flint graduates enter the workforce, making an average salary of $46,976 during the early year of their career.
Oakland University ranked #22 on this year’s list. Located in Rochester Hills, Michigan, the fairly large public school awarded 872 diplomas to qualifed students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Oakland are $24,735 per year. By the time they get their degree, students from this school have racked up an average of $26,781 in student loans. Those who take out this much in loans have to make a monthly payment of about $174 if they are on a 10-year repayment plan. Once they receive their degree, Oakland graduates enter the workforce, making an average salary of $50,418 during the early year of their career.
Oakland excels when it comes to quality. It’s ranked in the top 15% of all schools on our list.
University of Michigan - Dearborn came in at #22 in this year’s edition of the ranking. UM Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 541 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at UM Dearborn are $28,048 per year. By the time they get their degree, students from this school have racked up an average of $28,473 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $213.After graduating from UM Dearborn, students go on to jobs where they make an average of $53,986 during the early years of their career.
Northwestern Michigan College ranked #24 on this year’s list. Located in Traverse City, Michigan, the small public school handed out 24 degrees in 2020-2021.
NMC undergraduate students pay an average of $10,816 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $21,353 in student loans. Once they receive their degree, NMC graduates enter the workforce, making an average salary of $42,204 during the early year of their career.
Wayne State University came in at #25 in this year’s edition of the ranking. Wayne State University is a large public school located in Detroit, Michigan that handed out 1,617 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Wayne State are $32,727 a year. On average, students take out $28,531 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $173 if they are on a 10-year repayment plan. During the early years of their career, Wayne State graduates make an average of $48,414 annually.
More Michigan Rankings
Notes and References
Footnotes
*These averages are for the top 25 schools only.
References
- 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 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).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
More about our data sources and methodologies.
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