2022 Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in Maryland
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Finance is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2019-2020, 52,394 degrees were awarded to students with this major.
Across Maryland, there were 1,234 finance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 605 finance graduates with average earnings and debt of $40,371 and $23,982 respectively.
For this year’s “Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k” ranking, we looked at 5 colleges that offer a degree in finance. The schools that top this list are recognized because they have great finance programs and cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the finance program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k” list, to help you choose the best school for you.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k.
Top 5 Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in Maryland
You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. UMCP is a large school located in College Park, Maryland that handed out 379 bachelors’s finance degrees in 2019-2020.
UMCP also took the #1 spot in our “Best Finance Bachelor’s Degree Schools in Maryland” ranking. It costs about $8,054 for maryland bachelor’s degree finance students whose families make $0-$30k per year to attend University of Maryland - College Park.
The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend Salisbury University. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k. This medium-sized school is located in Salisbury, Maryland, and it awarded 56 bachelors’s finance degrees in 2019-2020.
Salisbury also made our “Best Finance Bachelor’s Degree Schools in Maryland” list, coming in at #2. The yearly cost to attend Salisbury is $11,432 for maryland bachelor’s degree finance students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Out of the 5 schools in the Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k that were part of this year’s ranking, University of Maryland Eastern Shore landed the #3 spot on the list. UMES is a small public school situated in Princess Anne, Maryland. It awarded 8 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at UMES, the school also landed the #5 spot in our “Best Finance Bachelor’s Degree Schools in Maryland” ranking. It costs about $13,973 for maryland bachelor’s degree finance students whose families make $0-$30k per year to attend UMES.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Finance at University of Maryland Eastern Shore
You’ll be in good company if you decide to attend University of Maryland Global Campus. It ranked #4 on our 2022 Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. University of Maryland Global Campus is a public institution located in Adelphi, Maryland. The school has a large population, and it awarded 121 bachelors’s degrees in 2019-2020.
UMGC also took the #3 spot in our “Best Finance Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for UMGC is $14,288 for maryland bachelor’s degree finance students whose families make $0-$30k.
Read more about Finance at University of Maryland Global Campus
You’ll join some of the best and brightest minds around if you attend Morgan State University. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in Maryland For Those Making $0-$30k. Morgan State University is a medium-sized public school situated in Baltimore, Maryland. It awarded 41 bachelors’s finance degrees in 2019-2020.
Morgan State not only placed well in this ranking. It is also #4 on our “Best Finance Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Morgan State is $14,297 for maryland bachelor’s degree finance students whose families make $0-$30k.
- Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in the Middle Atlantic Region
- Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k)
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Notes and References
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%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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