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College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

2026 Best Economics Schools in the Great Lakes Region

61 Colleges in the United States
4,961 Economics Degrees Awarded
$54,151 Avg Early-Career Salary

Economics programs are offered at a focused set of schools across the country. While the number of schools offering the program varies, there are still top-quality ones to be found.

College Factual analyzed 150 schools to build this 2026 ranking of the best economics schools.

What’s on this page:

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Best Schools for Economics in the Great Lakes Region

If you are not interested in a particular degree level and want to know which schools are the overall best at delivering an education for the economics degrees they offer, see the list below.

Top Schools in Economics

1

University Of Chicago tops our 2026 ranking of the best economics schools. Set in the city of Chicago, University Of Chicago is a very large private not-for-profit institution. Roughly 96% of students complete a degree within six years here. There were roughly 698 economics students who graduated with this degree at University Of Chicago in the most recent data year. Economics graduates of University Of Chicago earn a median of $92,075 early in their careers. University Of Chicago graduates carry a median of $13,197 in student loans. More information about a degree in economics from University Of Chicago

2

Northwestern University came in at #2 on our 2026 list of the best economics schools. Located in the city of Evanston, Northwestern University is a very large private not-for-profit university. Roughly 95% of students complete a degree within six years here. Northwestern University awarded about 341 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from Northwestern University generally make around $84,932. Northwestern University graduates carry a median of $16,227 in student loans. Get the full economics details for Northwestern University

3

University Of Michigan Ann Arbor is one of the finest schools in the country for a degree in economics, ranking #3. Set in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public institution. The six-year graduation rate is 93%. University Of Michigan Ann Arbor awarded about 758 economics degrees in the most recent data year. Graduates of the economics program make about $68,416 in their early career. Students borrow a median of $19,690 to complete this degree. Get the full economics details for University Of Michigan Ann Arbor

4

Students looking for a strong economics program will find one at University Of Notre Dame, which ranked #4. Located in the suburb of Notre Dame, University Of Notre Dame is a large private not-for-profit university. The six-year graduation rate is 95%. About 180 economics degrees were awarded at University Of Notre Dame in the most recent year. Economics graduates of University Of Notre Dame earn a median of $76,299 early in their careers. Students borrow a median of $19,965 to complete this degree. More information about a degree in economics from University Of Notre Dame

5

Students looking for a strong economics program will find one at University Of Wisconsin Madison, which ranked #5. This very large public university is located in the city of Madison. University Of Wisconsin Madison graduates 90% of students within six years. About 644 economics degrees were awarded at University Of Wisconsin Madison in the most recent year. Students who receive their economics degree from University Of Wisconsin Madison earn around $64,223 in the first couple years of their career. Typical student debt for the program is $20,750. See the full economics program report for University Of Wisconsin Madison

6

University Of Illinois At Urbana Champaign earned the #6 position for economics this year. Located in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public university. Roughly 85% of students complete a degree within six years here. There were roughly 386 economics students who graduated with this degree at University Of Illinois At Urbana Champaign in the most recent data year. Economics graduates of University Of Illinois At Urbana Champaign earn a median of $58,921 early in their careers. University Of Illinois At Urbana Champaign graduates carry a median of $21,228 in student loans. More information about a degree in economics from University Of Illinois At Urbana Champaign

7
Kenyon College crest
Kenyon College
Gambier, OH

Kenyon College placed #7 among the best economics schools. This mid-sized private not-for-profit university is located in the rural area of Gambier. Kenyon College graduates 82% of students within six years. Kenyon College awarded about 37 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from Kenyon College generally make around $58,082. Kenyon College graduates carry a median of $18,718 in student loans. Get the full economics details for Kenyon College

8

Indiana University Bloomington landed the #8 spot for economics this year. Indiana University Bloomington is a very large public school located in the city of Bloomington. About 80% of students finish within six years. There were roughly 77 economics students who graduated with this degree at Indiana University Bloomington in the most recent data year. Graduates of the economics program make about $59,142 in their early career. Students borrow a median of $20,500 to complete this degree. Read more about the economics program at Indiana University Bloomington

9
Purdue University Main Campus crest
Purdue University Main Campus
West Lafayette, IN

Purdue University Main Campus came in at #9 for economics this year. Purdue University Main Campus is a very large public school located in the city of West Lafayette. Roughly 83% of students complete a degree within six years here. Purdue University Main Campus awarded about 201 economics degrees in the most recent data year. Economics graduates of Purdue University Main Campus earn a median of $59,187 early in their careers. Typical student debt for the program is $24,700. See the full economics program report for Purdue University Main Campus

10
Michigan State University crest
Michigan State University
East Lansing, MI

Michigan State University ranked #10 on our 2026 list of the best economics schools. This very large public university is located in the city of East Lansing. The six-year graduation rate is 81%. Michigan State University awarded about 267 economics degrees in the most recent data year. Students who receive their economics degree from Michigan State University earn around $54,013 in the first couple years of their career. Michigan State University graduates carry a median of $24,250 in student loans. See the full economics program report for Michigan State University

11

Miami University Oxford landed the #11 spot for economics this year. Miami University Oxford is a large public school located in the town of Oxford. About 80% of students finish within six years. About 81 economics degrees were awarded at Miami University Oxford in the most recent year. Students who receive their economics degree from Miami University Oxford earn around $57,379 in the first couple years of their career. Typical student debt for the program is $25,500. More information about a degree in economics from Miami University Oxford

12
Lawrence University crest
Lawrence University
Appleton, WI

Lawrence University earned the #12 position for economics this year. This small private not-for-profit university is located in the city of Appleton. About 77% of students finish within six years. There were roughly 18 economics students who graduated with this degree at Lawrence University in the most recent data year. Students borrow a median of $15,699 to complete this degree. Read more about the economics program at Lawrence University

13

University Of Cincinnati Main Campus came in at #13 for economics this year. University Of Cincinnati Main Campus is a very large public school located in the city of Cincinnati. Roughly 74% of students complete a degree within six years here. About 55 economics degrees were awarded at University Of Cincinnati Main Campus in the most recent year. Soon after graduation, economics degree recipients from University Of Cincinnati Main Campus generally make around $68,850. Students borrow a median of $21,264 to complete this degree. Read more about the economics program at University Of Cincinnati Main Campus

14

Wheaton College Illinois earned the #14 position for economics this year. Located in the suburb of Wheaton, Wheaton College Illinois is a mid-sized private not-for-profit university. About 85% of students finish within six years. Wheaton College Illinois awarded about 29 economics degrees in the most recent data year. Students who receive their economics degree from Wheaton College Illinois earn around $62,889 in the first couple years of their career. Wheaton College Illinois graduates carry a median of $21,000 in student loans. See the full economics program report for Wheaton College Illinois

15

Loyola University Chicago placed #15 among the best economics schools. Set in the city of Chicago, Loyola University Chicago is a large private not-for-profit institution. Roughly 75% of students complete a degree within six years here. Loyola University Chicago awarded about 20 economics degrees in the most recent data year. Graduates of the economics program make about $58,568 in their early career. Typical student debt for the program is $23,521. Read more about the economics program at Loyola University Chicago

16

Ohio University Main Campus earned the #16 position for economics this year. Set in the town of Athens, Ohio University Main Campus is a very large public institution. Ohio University Main Campus graduates 65% of students within six years. Ohio University Main Campus awarded about 29 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from Ohio University Main Campus generally make around $66,237. Ohio University Main Campus graduates carry a median of $19,750 in student loans. Read more about the economics program at Ohio University Main Campus

17
Butler University crest
Butler University
Indianapolis, IN

Butler University landed the #17 spot for economics this year. Located in the city of Indianapolis, Butler University is a moderately-sized private not-for-profit university. Butler University graduates 79% of students within six years. Butler University awarded about 19 economics degrees in the most recent data year. Economics graduates of Butler University earn a median of $68,222 early in their careers. Typical student debt for the program is $25,351. More information about a degree in economics from Butler University

18
Denison University crest
Denison University
Granville, OH

Denison University ranked #18 on our 2026 list of the best economics schools. Located in the suburb of Granville, Denison University is a mid-sized private not-for-profit university. Roughly 79% of students complete a degree within six years here. Denison University awarded about 65 economics degrees in the most recent data year. Economics graduates of Denison University earn a median of $55,087 early in their careers. Students borrow a median of $24,102 to complete this degree. See the full economics program report for Denison University

19

Ohio State University Main Campus came in at #19 for economics this year. Set in the city of Columbus, Ohio State University Main Campus is a very large public institution. Roughly 88% of students complete a degree within six years here. There were roughly 214 economics students who graduated with this degree at Ohio State University Main Campus in the most recent data year. Economics graduates of Ohio State University Main Campus earn a median of $60,658 early in their careers. Typical student debt for the program is $23,125. Read more about the economics program at Ohio State University Main Campus

20

Ball State University earned the #20 position for economics this year. Set in the city of Muncie, Ball State University is a very large public institution. The six-year graduation rate is 62%. There were roughly 21 economics students who graduated with this degree at Ball State University in the most recent data year. Economics graduates of Ball State University earn a median of $56,782 early in their careers. Students borrow a median of $22,054 to complete this degree. Read more about the economics program at Ball State University

21

University Of Southern Indiana earned the #21 position for economics this year. This large public university is located in the suburb of Evansville. The six-year graduation rate is 48%. University Of Southern Indiana awarded about 10 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from University Of Southern Indiana generally make around $47,216. Students borrow a median of $21,999 to complete this degree. More information about a degree in economics from University Of Southern Indiana

22

Case Western Reserve University placed #22 among the best economics schools. Located in the city of Cleveland, Case Western Reserve University is a large private not-for-profit university. About 87% of students finish within six years. There were roughly 47 economics students who graduated with this degree at Case Western Reserve University in the most recent data year. Students who receive their economics degree from Case Western Reserve University earn around $53,148 in the first couple years of their career. Case Western Reserve University graduates carry a median of $25,949 in student loans. Get the full economics details for Case Western Reserve University

23
Depauw University crest
Depauw University
Greencastle, IN

Depauw University earned the #23 position for economics this year. This small private not-for-profit university is located in the town of Greencastle. Roughly 75% of students complete a degree within six years here. Depauw University awarded about 35 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from Depauw University generally make around $63,395. Typical student debt for the program is $26,978. See the full economics program report for Depauw University

24

University Of Illinois At Chicago earned the #24 position for economics this year. Located in the city of Chicago, University Of Illinois At Chicago is a very large public university. The six-year graduation rate is 62%. About 66 economics degrees were awarded at University Of Illinois At Chicago in the most recent year. Graduates of the economics program make about $37,767 in their early career. Typical student debt for the program is $19,002. Read more about the economics program at University Of Illinois At Chicago

25

University Of Wisconsin Eau Claire placed #25 among the best economics schools. Set in the city of Eau Claire, University Of Wisconsin Eau Claire is a large public institution. About 65% of students finish within six years. There were roughly 21 economics students who graduated with this degree at University Of Wisconsin Eau Claire in the most recent data year. Students who receive their economics degree from University Of Wisconsin Eau Claire earn around $51,344 in the first couple years of their career. University Of Wisconsin Eau Claire graduates carry a median of $21,500 in student loans. Read more about the economics program at University Of Wisconsin Eau Claire

Rest of the Top 50 Economics Schools

These schools rounded out the top of this year’s economics ranking:

26
Oberlin College crest
Oberlin College
Oberlin, OH
27
28
Depaul University crest
Depaul University
Chicago, IL
29
30
31
Marquette University crest
Marquette University
Milwaukee, WI
32
33
34
35
36
Lake Forest College crest
Lake Forest College
Lake Forest, IL
37
38
39
40
41
Valparaiso University crest
Valparaiso University
Valparaiso, IN
42
43
Oakland University crest
Oakland University
Rochester Hills, MI
44
45
Wabash College crest
Wabash College
Crawfordsville, IN
46
47
48
49
50
Kalamazoo College crest
Kalamazoo College
Kalamazoo, MI

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Notes and References

This ranking is produced by College Factual (MF_RANKING_2025), 2026 edition. Schools are scored on a blend of student outcomes (graduation rate, post-graduation earnings), affordability, and program focus, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).

Ranking method: College Major Top Ranked · 150 schools evaluated.

More about our data sources and methodologies.

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