2022 Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k) in Alabama

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k” ranking.

General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.

Across Alabama, there were 54 general economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 54 general economics graduates with average earnings and debt of $37,191 and $26,651 respectively.

This year’s “Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k” ranking looked at 3 colleges that offer degrees in a bachelor’s in general economics. Not only do the schools that top this list have excellent general economics programs, but they also 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.

More Ways to Rank General Economics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k” list to help you make the college decision.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k

The colleges and universities below are the best for alabama bachelor’s degree general economics students whose families make $0-$30k.

Top 3 Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k) in Alabama

#1

Auburn University

Auburn, Alabama

#1 in overall quality

$18,394 Average Net Price

You’ll be in good company if you decide to attend Auburn University. It ranked #1 on our 2022 Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k list. Located in Auburn, Alabama, this large public school handed out 24 degrees to qualified bachelors’s general economics students in 2019-2020.

Auburn also took the #1 spot in our “Best General Economics Bachelor’s Degree Schools in Alabama” ranking. The yearly cost to attend Auburn University is $18,394 for Alabama Bachelor’s Degree General Economics students whose families make $0-$30k.

The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at Auburn

#2

Troy University

Troy, Alabama

#3 in overall quality

$14,062 Average Net Price

You’ll be in good company if you decide to attend Troy University. It ranked #2 on our 2022 Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k list. Troy, Alabama is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general economics degrees to 4 students in 2019-2020.

TROY not only placed well in this ranking. It is also #3 on our “Best General Economics Bachelor’s Degree Schools in Alabama” list. The estimated yearly cost for TROY is $14,062 for Alabama Bachelor’s Degree General Economics students whose families make $0-$30k.

Read full report on General Economics at TROY

#3

Samford University

Birmingham, Alabama

#2 in overall quality

$21,953 Average Net Price

Out of the 3 schools in the Best Value General Economics Schools for a Bachelor’s in Alabama For Those Making $0-$30k that were part of this year’s ranking, Samford University landed the #3 spot on the list. This medium-sized school is located in Birmingham, Alabama, and it awarded 5 bachelors’s general economics degrees in 2019-2020.

Samford not only placed well in this ranking. It is also #2 on our “Best General Economics Bachelor’s Degree Schools in Alabama” list. The estimated yearly cost for Samford University is $21,953 for Alabama 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 low student loan default rate of 2.6% 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%.

Full Samford University General Economics Report

• Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k) in the Southeast Region
• Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k)

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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