2022 Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k) in Maryland
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.
Across Maryland, there were 1,177 general economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 913 general economics graduates with average earnings and debt of $40,371 and $23,982 respectively.
For this year’s “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k” ranking, we looked at 13 colleges that offer a degree in general economics. The schools that top this list are recognized because they have great general 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 general 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.
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More Ways to Rank General Economics Schools
The general economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k
The colleges and universities below are the best for maryland bachelor’s degree general economics students whose families make $0-$30k.
Top 13 Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k) in Maryland
You’ll be in good company if you decide to attend Johns Hopkins University. It ranked #1 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. Johns Hopkins is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 112 bachelors’s general economics degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree general economics students whose families make $0-$30k list, Johns Hopkins has also earned the #1 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Johns Hopkins is $3,526 for maryland bachelor’s degree general economics students whose families make $0-$30k.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #2 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. UMCP is a large public school situated in College Park, Maryland. It awarded 465 bachelors’s general economics degrees in 2019-2020.
UMCP also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #2. The estimated yearly cost for University of Maryland - College Park is $8,054 for Maryland Bachelor’s Degree General Economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
You’ll join some of the best and brightest minds around if you attend St Mary’s College of Maryland. The school came in at #3 for the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k. St Mary’s College of Maryland is a small public school situated in St. Mary’s City, Maryland. It awarded 27 bachelors’s general economics degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree general economics students whose families make $0-$30k list, SMCM has also earned the #7 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend St Mary’s College of Maryland is $9,445 for Maryland Bachelor’s Degree General Economics students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read more about General Economics at St Mary’s College of Maryland
Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k that were part of this year’s ranking, Towson University landed the #4 spot on the list. Towson University is a large school located in Towson, Maryland that handed out 89 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Towson, the school also landed the #5 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $9,206 for Maryland Bachelor’s Degree General Economics students whose families make $0-$30k per year to attend Towson University.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 3.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k that were part of this year’s ranking, University of Maryland - Baltimore County landed the #5 spot on the list. Baltimore, Maryland is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general economics degrees to 129 students in 2019-2020.
In addition to being on our maryland bachelor’s degree general economics students whose families make $0-$30k list, UMBC has also earned the #4 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend UMBC is $10,820 for maryland bachelor’s degree general economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Salisbury University came in at #6 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k ranking. This medium-sized school is located in Salisbury, Maryland, and it awarded 22 bachelors’s general economics degrees in 2019-2020.
Salisbury did well in our major quality rankings, too. It placed #6 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Salisbury is $11,432 for maryland bachelor’s degree general economics students whose families make $0-$30k.
The student loan default rate at the school is 3.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Economics at Salisbury University
Frostburg State University ranked #7 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. This small school is located in Frostburg, Maryland, and it awarded 12 bachelors’s general economics degrees in 2019-2020.
Frostburg State did well in our major quality rankings, too. It placed #11 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The estimated yearly cost for Frostburg State is $10,135 for maryland bachelor’s degree general economics students whose families make $0-$30k.
Washington College ranked #8 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. Located in Chestertown, Maryland, this small private not-for-profit school awarded 33 diplomas to qualified bachelors’s general economics students in 2019-2020.
Washington College also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #8. The yearly cost to attend Washington College is $16,931 for maryland bachelor’s degree general economics students whose families make $0-$30k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Morgan State University ranked #9 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. Morgan State University is a medium-sized public school situated in Baltimore, Maryland. It awarded 5 bachelors’s general economics degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree general economics students whose families make $0-$30k list, Morgan State has also earned the #13 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $14,297 for maryland bachelor’s degree general economics students whose families make $0-$30k per year to attend Morgan State.
Hood College landed the #10 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k ranking. Hood College is located in Frederick, Maryland and, has a small student population. In 2019-2020, this school awarded 1 bachelors’s general economics degrees to qualified students.
As a testament to the quality of education offered at Hood, the school also landed the #12 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Hood College is $14,381 for Maryland Bachelor’s Degree General Economics students whose families make $0-$30k.
With a ranking of #11, McDaniel College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k list. Located in Westminster, Maryland, this small private not-for-profit school awarded 4 degrees to qualified bachelors’s general economics students in 2019-2020.
McDaniel also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #10. The yearly cost to attend McDaniel is $7,365 for Maryland Bachelor’s Degree General Economics students whose families make $0-$30k.
The student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.
Mount St Mary’s University landed the #12 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k ranking. Mount St Mary’s University is a small school located in Emmitsburg, Maryland that handed out 3 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at The Mount, the school also landed the #9 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $24,652 for maryland bachelor’s degree general economics students whose families make $0-$30k per year to attend Mount St Mary’s University.
Read full report on General Economics at Mount St Mary’s University
Loyola University Maryland landed the #13 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $0-$30k ranking. Loyola University Maryland is a medium-sized private not-for-profit school situated in Baltimore, Maryland. It awarded 11 bachelors’s general economics degrees in 2019-2020.
Loyola Maryland not only placed well in this ranking. It is also #3 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The estimated yearly cost for Loyola Maryland is $29,156 for maryland bachelor’s degree general economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about General Economics at Loyola University Maryland
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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.
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