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2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k

21 Ranked Colleges
236 Degrees Awarded
$28,500 Avg Grad Tuition & Fees*
Best Value Applied Economics Schools for a Master's For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. 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 Applied Economics Schools for a Master’s For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Applied Economics is the 497th most popular major in the country with 652 degrees awarded in 2019-2020.

At the master’s degree level specifically, there were 236 applied economics graduates with average earnings and debt of $56,398 and $43,194 respectively.

For this year’s “Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k” ranking, we looked at 21 colleges that offer a degree in applied economics. The schools that top this list are recognized because they have great applied economics 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 applied economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k

The following schools top our list of the Best Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k.

Top 21 Best Value Master’s Degree Colleges for Applied Economics (Income $0-$30k)

#1

Georgetown University

Washington, District of Columbia
#1 in overall quality

You’ll be in good company if you decide to attend Georgetown University. It ranked #1 on our 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k list. Georgetown is a fairly large school located in Washington, District of Columbia that handed out 28 masters’s applied economics degrees in 2019-2020.

Georgetown not only placed well in this ranking. It is also #1 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Georgetown University are $53,591, but some majors have different tuition rates.

Full Georgetown Applied Economics Report

#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #2 for the Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k. This large school is located in Ann Arbor, Michigan, and it awarded 46 masters’s applied economics degrees in 2019-2020.

U-M also took the #3 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.

Full U-M Applied Economics Report

#3

University of California - Los Angeles

Los Angeles, California
#2 in overall quality

You’ll be in good company if you decide to attend University of California - Los Angeles. It ranked #3 on our 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k list. University of California - Los Angeles is located in Los Angeles, California and, has a large student population. In 2019-2020, this school awarded 42 masters’s applied economics degrees to qualified students.

In addition to being on our master’s degree applied economics students whose families make $0-$30k list, UCLA has also earned the #2 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UCLA are $28,131.

Full University of California - Los Angeles Applied Economics Report

#4

Florida State University

Tallahassee, Florida
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Florida State University. The school came in at #4 for the Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k. Florida State is a large public school situated in Tallahassee, Florida. It awarded 23 masters’s applied economics degrees in 2019-2020.

As a testament to the quality of education offered at Florida State, the school also landed the #7 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Florida State are $26,707, but you may pay more or less depending on your major.

Read more about Applied Economics at Florida State

#5

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#5 in overall quality

Out of the 21 schools in the Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #5 spot on the list. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out masters’s applied economics degrees to 5 students in 2019-2020.

UMN Twin Cities also took the #5 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Minnesota - Twin Cities are $28,845.

Read full report on Applied Economics at University of Minnesota - Twin Cities

#6

Washington State University

Pullman, Washington
#8 in overall quality

Washington State University did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #6. Washington State University is a public institution located in Pullman, Washington. The school has a large population, and it awarded 4 masters’s degrees in 2019-2020.

Wazzu did well in our major quality rankings, too. It placed #8 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Wazzu are $27,561, but you may pay more or less depending on your major.

Read full report on Applied Economics at Wazzu

#12 in overall quality

With a ranking of #7, University of Wisconsin - Whitewater did quite well on the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k list. UW - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 2 masters’s applied economics degrees to qualified students.

UW - Whitewater did well in our major quality rankings, too. It placed #12 on our “Best Applied Economics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200.

Read more about Applied Economics at UW - Whitewater

#8

University of Houston

Houston, Texas
#9 in overall quality

University of Houston did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #8. Located in Houston, Texas, this large public school awarded 24 diplomas to qualified masters’s applied economics students in 2019-2020.

In addition to being on our master’s degree applied economics students whose families make $0-$30k list, UH has also earned the #9 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Houston are $18,689, but you may pay more or less depending on your major.

Full University of Houston Applied Economics Report

University of Illinois at Chicago did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #9. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s applied economics degrees to 1 students in 2019-2020.

UIC not only placed well in this ranking. It is also #0 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but you may pay more or less depending on your major.

Read more about Applied Economics at UIC

#10

Saint Cloud State University

Saint Cloud, Minnesota
#15 in overall quality

Saint Cloud State University landed the #10 spot on the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking. Saint Cloud, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out masters’s applied economics degrees to 3 students in 2019-2020.

In addition to being on our master’s degree applied economics students whose families make $0-$30k list, St. Cloud State University has also earned the #15 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at St. Cloud State University are $12,904, but you may pay more or less depending on your major.

Read more about Applied Economics at St. Cloud State University

#11

Utah State University

Logan, Utah
#13 in overall quality

Utah State University did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #11. Utah State University is a large public school situated in Logan, Utah. It awarded 2 masters’s applied economics degrees in 2019-2020.

As a testament to the quality of education offered at USU, the school also landed the #13 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at USU are $22,598, but you may pay more or less depending on your major.

Full Utah State University Applied Economics Report

#12

University at Buffalo

Buffalo, New York

University at Buffalo did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #12. Buffalo, New York is the setting for this large institution of higher learning. The public school handed out masters’s applied economics degrees to 1 students in 2019-2020.

As a testament to the quality of education offered at University at Buffalo, the school also landed the #0 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at University at Buffalo are $26,028, but you may pay more or less depending on your major.

Read full report on Applied Economics at University at Buffalo

#13

University of Rhode Island

Kingston, Rhode Island
#10 in overall quality

University of Rhode Island landed the #13 spot on the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking. URI is a fairly large school located in Kingston, Rhode Island that handed out 2 masters’s applied economics degrees in 2019-2020.

URI not only placed well in this ranking. It is also #10 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at URI are $29,082, but you may pay more or less depending on your major.

Read full report on Applied Economics at University of Rhode Island

#14

Buffalo State

Buffalo, New York
#19 in overall quality

Buffalo State did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #14. Buffalo State is located in Buffalo, New York and, has a medium-sized student population. In 2019-2020, this school awarded 2 masters’s applied economics degrees to qualified students.

As a testament to the quality of education offered at Buffalo State, the school also landed the #19 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Buffalo State are $23,905.

Read more about Applied Economics at Buffalo State

#15

Georgia Southern University

Statesboro, Georgia
#16 in overall quality

Georgia Southern University did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #15. This large school is located in Statesboro, Georgia, and it awarded 9 masters’s applied economics degrees in 2019-2020.

In addition to being on our master’s degree applied economics students whose families make $0-$30k list, GaSou has also earned the #16 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Georgia Southern University are $22,004, but you may pay more or less depending on your major.

Read full report on Applied Economics at GaSou

#16

Marquette University

Milwaukee, Wisconsin
#6 in overall quality

Marquette University did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #16. Milwaukee, Wisconsin is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s applied economics degrees to 11 students in 2019-2020.

Marquette not only placed well in this ranking. It is also #6 on our “Best Applied Economics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Marquette University are $21,690.

Read more about Applied Economics at Marquette University

#17

Eastern Michigan University

Ypsilanti, Michigan
#14 in overall quality

Eastern Michigan University came in at #17 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 5 masters’s degrees in 2019-2020.

Eastern Michigan not only placed well in this ranking. It is also #14 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Eastern Michigan are $26,552, but you may pay more or less depending on your major.

Read full report on Applied Economics at Eastern Michigan University

#18

Oregon State University

Corvallis, Oregon
#11 in overall quality

Oregon State University did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #18. Located in Corvallis, Oregon, this large public school handed out 5 diplomas to qualified masters’s applied economics students in 2019-2020.

In addition to being on our master’s degree applied economics students whose families make $0-$30k list, Oregon State has also earned the #11 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Oregon State are $28,121, but you may pay more or less depending on your major.

Full Oregon State University Applied Economics Report

#19

University of Massachusetts - Boston

Boston, Massachusetts
#17 in overall quality

With a ranking of #19, University of Massachusetts - Boston did quite well on the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k list. Boston, Massachusetts is the setting for this fairly large institution of higher learning. The public school handed out masters’s applied economics degrees to 4 students in 2019-2020.

UMass Boston also made our “Best Applied Economics Master’s Degree Schools” list, coming in at #17. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UMass Boston are $36,485.

Full UMass Boston Applied Economics Report

#20

Montana State University

Bozeman, Montana
#18 in overall quality

Montana State University ranked #20 on this year’s Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k list. MSU Bozeman is a fairly large school located in Bozeman, Montana that handed out 7 masters’s applied economics degrees in 2019-2020.

MSU Bozeman not only placed well in this ranking. It is also #18 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Montana State University are $21,446, but you may pay more or less depending on your major.

Read full report on Applied Economics at Montana State University

#4 in overall quality

Southern Methodist University landed the #21 spot on the 2022 Best Value Applied Economics Schools for a Master’s For Those Making $0-$30k ranking. Southern Methodist University is a fairly large private not-for-profit school situated in Dallas, Texas. It awarded 4 masters’s applied economics degrees in 2019-2020.

In addition to being on our master’s degree applied economics students whose families make $0-$30k list, SMU has also earned the #4 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at SMU are $47,478, but you may pay more or less depending on your major.

Read more about Applied Economics at SMU

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 pixabay.

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