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2022 Best Value Bachelor’s Degree Colleges for General Economics (Income $30-$48k) in Tennessee

7 Ranked Colleges
152 Degrees Awarded
$13,100 Avg Net Price*
Best Value General Economics Schools for a Bachelor's in Tennessee For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k” ranking - to help you make that 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 Tennessee, there were 175 general economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 152 general economics graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k” ranking, we looked at 7 colleges that offer a degree 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. For more information, check out our ranking methodology.

More Ways to Rank General Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 Tennessee For Those Making $30-$48k

The following schools top our list of the Best Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k.

Top 7 Best Value Bachelor’s Degree Colleges for General Economics (Income $30-$48k) in Tennessee

#1

Rhodes College

Memphis, Tennessee
#1 in overall quality

You’ll be in good company if you decide to attend Rhodes College. It ranked #1 on our 2022 Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k list. Located in Memphis, Tennessee, this small private not-for-profit school awarded 17 diplomas to qualified bachelors’s general economics students in 2019-2020.

Rhodes College did well in our major quality rankings, too. It placed #1 on our “Best General Economics Bachelor’s Degree Schools in Tennessee” list. The estimated yearly cost for Rhodes College is $16,061 for tennessee bachelor’s degree general economics students whose families make $30-$48k.

The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.

Full Rhodes College General Economics Report

#2

Middle Tennessee State University

Murfreesboro, Tennessee
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Middle Tennessee State University. The school came in at #2 for the Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k. Middle Tennessee State University is located in Murfreesboro, Tennessee and, has a large student population. In 2019-2020, this school awarded 8 bachelors’s general economics degrees to qualified students.

Middle Tennessee State University also took the #4 spot in our “Best General Economics Bachelor’s Degree Schools in Tennessee” ranking. The yearly cost to attend Middle Tennessee State University is $10,637 for tennessee bachelor’s degree general economics students whose families make $30-$48k.

Full Middle Tennessee State University General Economics Report

#3 in overall quality

Out of the 7 schools in the Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k that were part of this year’s ranking, The University of Tennessee - Knoxville landed the #3 spot on the list. This large school is located in Knoxville, Tennessee, and it awarded 39 bachelors’s general economics degrees in 2019-2020.

In addition to being on our tennessee bachelor’s degree general economics students whose families make $30-$48k list, UT Knoxville has also earned the #3 rank in our “Best General Economics Bachelor’s Degree Schools in Tennessee” ranking. The yearly cost to attend UT Knoxville is $13,745 for tennessee bachelor’s degree general economics students whose families make $30-$48k.

The low student loan default rate of 4.3% 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 89%, which means students like the school well enough to return for a second year.

Full UT Knoxville General Economics Report

#4

University of Memphis

Memphis, Tennessee
#5 in overall quality

You’ll be in good company if you decide to attend University of Memphis. It ranked #4 on our 2022 Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k list. This large school is located in Memphis, Tennessee, and it awarded 11 bachelors’s general economics degrees in 2019-2020.

UofM did well in our major quality rankings, too. It placed #5 on our “Best General Economics Bachelor’s Degree Schools in Tennessee” list. The estimated yearly cost for UofM is $12,264 for Tennessee Bachelor’s Degree General Economics students whose families make $30-$48k.

Read full report on General Economics at UofM

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend The University of Tennessee - Chattanooga. The school came in at #5 for the Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k. Located in Chattanooga, Tennessee, this fairly large public school awarded 4 diplomas to qualified bachelors’s general economics students in 2019-2020.

UT Chattanooga also took the #6 spot in our “Best General Economics Bachelor’s Degree Schools in Tennessee” ranking. It costs about $10,515 for Tennessee Bachelor’s Degree General Economics students whose families make $30-$48k per year to attend The University of Tennessee - Chattanooga.

Read full report on General Economics at The University of Tennessee - Chattanooga

#6

East Tennessee State University

Johnson City, Tennessee
#7 in overall quality

East Tennessee State University ranked #6 on this year’s Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k list. ETSU is a fairly large school located in Johnson City, Tennessee that handed out 7 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at ETSU, the school also landed the #7 spot in our “Best General Economics Bachelor’s Degree Schools in Tennessee” ranking. The estimated yearly cost for East Tennessee State University is $12,703 for Tennessee Bachelor’s Degree General Economics students whose families make $30-$48k.

Read more about General Economics at East Tennessee State University

#2 in overall quality

Sewanee - The University of the South did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Tennessee For Those Making $30-$48k ranking, coming in at #7. Sewanee is a small school located in Sewanee, Tennessee that handed out 62 bachelors’s general economics degrees in 2019-2020.

Sewanee also made our “Best General Economics Bachelor’s Degree Schools in Tennessee” list, coming in at #2. It costs about $15,686 for Tennessee Bachelor’s Degree General Economics students whose families make $30-$48k per year to attend Sewanee - The University of the South.

The low student loan default rate of 3.2% 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 student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Full Sewanee General Economics Report

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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 pixabay.

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