2022 Best Value Bachelor’s Degree Colleges for General Economics (Income $30-$48k) in Maryland
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k” ranking is part of that endeavor.
General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.
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.
This year’s “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k” ranking looked at 13 colleges that offer degrees in a bachelor’s in general economics. This ranking identifies schools with high-quality general economics programs that also have a lower cost than 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. See our ranking methodology to learn more.
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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 $30-$48k”.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most 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 General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k
The colleges and universities below are the best for maryland bachelor’s degree general economics students whose families make $30-$48k.
Top 13 Best Value Bachelor’s Degree Colleges for General Economics (Income $30-$48k) in Maryland
You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #1 for the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 112 bachelors’s degrees in 2019-2020.
Johns Hopkins also took the #1 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $8,210 for maryland bachelor’s degree general economics students whose families make $30-$48k per year to attend Johns Hopkins University.
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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on General Economics at Johns Hopkins University
Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k that were part of this year’s ranking, University of Maryland - College Park landed the #2 spot on the 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 yearly cost to attend UMCP is $12,128 for Maryland Bachelor’s Degree General Economics students whose families make $30-$48k.
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 be in good company if you decide to attend St Mary’s College of Maryland. It ranked #3 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k list. This small school is located in St. Mary’s City, Maryland, and it awarded 27 bachelors’s general economics degrees in 2019-2020.
SMCM did well in our major quality rankings, too. It placed #7 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. It costs about $12,323 for maryland bachelor’s degree general economics students whose families make $30-$48k per year to attend St Mary’s College of Maryland.
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%. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about General Economics at St Mary’s College of Maryland
You’ll be in good company if you decide to attend Towson University. It ranked #4 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k list. Located in Towson, Maryland, this large public school awarded 89 degrees to qualified bachelors’s general economics students in 2019-2020.
Towson also took the #5 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Towson is $12,632 for maryland bachelor’s degree general economics students whose families make $30-$48k.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #5 for the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k. UMBC is a public institution located in Baltimore, Maryland. The school has a fairly large population, and it awarded 129 bachelors’s degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree general economics students whose families make $30-$48k list, UMBC has also earned the #4 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - Baltimore County is $12,605 for Maryland Bachelor’s Degree General Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
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 $30-$48k ranking. Salisbury University is located in Salisbury, Maryland and, has a medium-sized student population. In 2019-2020, this school awarded 22 bachelors’s general economics degrees to qualified students.
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 estimated yearly cost for Salisbury is $15,294 for maryland bachelor’s degree general economics students whose families make $30-$48k.
The low student loan default rate of 3.5% 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%.
Frostburg State University came in at #7 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k ranking. Frostburg, Maryland is the setting for this small institution of higher learning. The public school handed out bachelors’s general economics degrees to 12 students in 2019-2020.
As a testament to the quality of education offered at Frostburg State, the school also landed the #11 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Frostburg State is $14,273 for maryland bachelor’s degree general economics students whose families make $30-$48k.
Read full report on General Economics at Frostburg State University
With a ranking of #8, Washington College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k list. Washington College is a small school located in Chestertown, Maryland that handed out 33 bachelors’s general economics degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree general economics students whose families make $30-$48k list, Washington College has also earned the #8 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Washington College is $20,531 for maryland bachelor’s degree general economics students whose families make $30-$48k.
The student-to-faculty ratio of 9 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 2.2%, which is quite low when compared to the national default rate of 10.1%.
Morgan State University came in at #9 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k ranking. This medium-sized school is located in Baltimore, Maryland, and it awarded 5 bachelors’s general economics degrees in 2019-2020.
Morgan State also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #13. The yearly cost to attend Morgan State University is $14,776 for Maryland Bachelor’s Degree General Economics students whose families make $30-$48k.
With a ranking of #10, Hood College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k list. Hood College is a small school located in Frederick, Maryland that handed out 1 bachelors’s general economics degrees in 2019-2020.
Hood did well in our major quality rankings, too. It placed #12 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The estimated yearly cost for Hood College is $15,268 for maryland bachelor’s degree general economics students whose families make $30-$48k.
Mount St Mary’s University landed the #11 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k 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.
In addition to being on our maryland bachelor’s degree general economics students whose families make $30-$48k list, The Mount has also earned the #9 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $28,160 for Maryland Bachelor’s Degree General Economics students whose families make $30-$48k per year to attend The Mount.
Read more about General Economics at Mount St Mary’s University
McDaniel College landed the #12 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k ranking. McDaniel College is located in Westminster, Maryland and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s general economics degrees to qualified students.
McDaniel also took the #10 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend McDaniel is $11,875 for Maryland Bachelor’s Degree General Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.
Loyola University Maryland came in at #13 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Making $30-$48k ranking. Baltimore, Maryland is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 11 students in 2019-2020.
Loyola Maryland did well in our major quality rankings, too. It placed #3 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The estimated yearly cost for Loyola University Maryland is $31,027 for Maryland Bachelor’s Degree General Economics students whose families make $30-$48k.
The low student loan default rate of 2.3% 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
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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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- Credit for the banner image above goes to pixabay.
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