2022 Best Value Bachelor’s Degree Colleges for General Economics (Income $48-$75k)
It’s not easy to decide which college to attend when there so many options available for students. 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 For Those Making $48-$75k” ranking.
In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.
At the bachelor’s degree level specifically, there were 26,628 general economics graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k” ranking looked at 541 colleges that offer degrees in a bachelor’s 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. See our ranking methodology to learn more.
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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 For Those Making $48-$75k” list to help you make the college decision.
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 For Those Making $48-$75k
The following schools top our list of the Best Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for General Economics (Income $48-$75k)
Out of the 541 schools in the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Duke University landed the #1 spot on the list. Duke is located in Durham, North Carolina and, has a fairly large 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 Duke, the school also landed the #1 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend Duke University is $4,150 for bachelor’s degree general economics students whose families make $48-$75k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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 0.9%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Evanston, Illinois, and it awarded 7 bachelors’s general economics degrees in 2019-2020.
Northwestern also took the #3 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Northwestern is $6,452 for bachelor’s degree general economics students whose families make $48-$75k.
The student loan default rate at the school is 0.8%, 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. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about General Economics at Northwestern University
You’ll be in good company if you decide to attend Rice University. It ranked #3 on our 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. This medium-sized school is located in Houston, Texas, and it awarded 57 bachelors’s general economics degrees in 2019-2020.
Rice did well in our major quality rankings, too. It placed #5 on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend Rice University is $7,318 for bachelor’s degree general economics students whose families make $48-$75k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Out of the 541 schools in the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Cornell University landed the #4 spot on the list. Located in Ithaca, New York, this large private not-for-profit school awarded 1 diplomas to qualified bachelors’s general economics students in 2019-2020.
As a testament to the quality of education offered at Cornell, the school also landed the #4 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $11,869 for bachelor’s degree general economics students whose families make $48-$75k per year to attend Cornell University.
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 1.1%, 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 96%.
You’ll join some of the best and brightest minds around if you attend Washington and Lee University. The school came in at #5 for the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k. Washington and Lee is a small school located in Lexington, Virginia that handed out 56 bachelors’s general economics degrees in 2019-2020.
Washington and Lee did well in our major quality rankings, too. It placed #16 on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Washington and Lee is $4,718 for bachelor’s degree general economics students whose families make $48-$75k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 0.8% 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
With a ranking of #6, Columbia University in the City of New York did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. New York, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 27 students in 2019-2020.
In addition to being on our bachelor’s degree general economics students whose families make $48-$75k list, Columbia has also earned the #6 rank in our “Best General Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend Columbia University in the City of New York is $5,887 for Bachelor’s Degree General Economics students whose families make $48-$75k.
The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. 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 school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Johns Hopkins University ranked #7 on this year’s Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. Johns Hopkins University is a large school located in Baltimore, Maryland that handed out 112 bachelors’s general economics degrees in 2019-2020.
Johns Hopkins not only placed well in this ranking. It is also #8 on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Johns Hopkins University is $9,049 for Bachelor’s Degree General Economics students whose families make $48-$75k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.
University of Pennsylvania came in at #8 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. UPenn is a large school located in Philadelphia, Pennsylvania that handed out 180 bachelors’s general economics degrees in 2019-2020.
UPenn also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #2. The estimated yearly cost for University of Pennsylvania is $12,752 for Bachelor’s Degree General Economics students whose families make $48-$75k.
With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Washington University in St Louis landed the #9 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Saint Louis, Missouri is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 4 students in 2019-2020.
In addition to being on our bachelor’s degree general economics students whose families make $48-$75k list, WUSTL has also earned the #9 rank in our “Best General Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend WUSTL is $11,832 for bachelor’s degree general economics students whose families make $48-$75k.
The impressive student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low student loan default rate of 1.4% 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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Full Washington University in St Louis General Economics Report
University of Michigan - Ann Arbor ranked #10 on this year’s Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 586 bachelors’s general economics degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #10 on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for University of Michigan - Ann Arbor is $10,028 for Bachelor’s Degree General Economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.2% 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%.
Full University of Michigan - Ann Arbor General Economics Report
Wake Forest University came in at #11 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Wake Forest University is a medium-sized private not-for-profit school situated in Winston-Salem, North Carolina. It awarded 121 bachelors’s general economics degrees in 2019-2020.
Wake Forest University also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #19. The estimated yearly cost for Wake Forest University is $12,004 for bachelor’s degree general economics students whose families make $48-$75k.
The low student loan default rate of 1.6% 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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Swarthmore College did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #12. Swarthmore is located in Swarthmore, Pennsylvania and, has a small student population. In 2019-2020, this school awarded 84 bachelors’s general economics degrees to qualified students.
Swarthmore not only placed well in this ranking. It is also #15 on our “Best General Economics Bachelor’s Degree Schools” list. It costs about $13,744 for bachelor’s degree general economics students whose families make $48-$75k per year to attend Swarthmore College.
With a student-to-faculty ratio of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #13, University of Florida did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. UF is a large school located in Gainesville, Florida that handed out 319 bachelors’s general economics degrees in 2019-2020.
UF excels when it comes to general economics quality. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for UF is $8,528 for Bachelor’s Degree General Economics students whose families make $48-$75k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%.
McDaniel College came in at #14 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Westminster, Maryland, this small private not-for-profit school handed out 4 diplomas to qualified bachelors’s general economics students in 2019-2020.
It costs about $15,682 for Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend McDaniel College.
The low student loan default rate of 5.0% 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%.
Georgetown University came in at #15 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. This fairly large school is located in Washington, District of Columbia, and it awarded 137 bachelors’s general economics degrees in 2019-2020.
Georgetown also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #12. The estimated yearly cost for Georgetown University is $13,933 for bachelor’s degree general economics students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
University of Washington - Seattle Campus came in at #16 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out bachelors’s general economics degrees to 312 students in 2019-2020.
UW Seattle excels when it comes to general economics quality. It’s in the top 10% of all schools in this category. It costs about $9,694 for bachelor’s degree general economics students whose families make $48-$75k per year to attend University of Washington - Seattle Campus.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.
Full University of Washington - Seattle Campus General Economics Report
University of North Carolina at Chapel Hill did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #17. University of North Carolina at Chapel Hill is a public institution located in Chapel Hill, North Carolina. The school has a large population, and it awarded 409 bachelors’s degrees in 2019-2020.
UNC Chapel Hill also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #21. The yearly cost to attend UNC Chapel Hill is $11,060 for Bachelor’s Degree General Economics students whose families make $48-$75k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%.
Full University of North Carolina at Chapel Hill General Economics Report
Hamilton College did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #18. Hamilton College is located in Clinton, New York and, has a small student population. In 2019-2020, this school awarded 102 bachelors’s general economics degrees to qualified students.
Hamilton not only placed well in this ranking. It is also #14 on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Hamilton is $17,205 for Bachelor’s Degree General Economics students whose families make $48-$75k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. 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.
University of California - Los Angeles landed the #19 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. University of California - Los Angeles is a large school located in Los Angeles, California that handed out 131 bachelors’s general economics degrees in 2019-2020.
UCLA not only placed well in this ranking. It is also #18 on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend University of California - Los Angeles is $13,081 for bachelor’s degree general economics students whose families make $48-$75k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.
Full University of California - Los Angeles General Economics Report
University of Wisconsin - Madison landed the #20 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 566 bachelors’s general economics degrees to qualified students.
UW - Madison also claimed a top spot on our “Best General Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for UW - Madison is $13,227 for bachelor’s degree general economics students whose families make $48-$75k.
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 0.8% 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%.
Read more about General Economics at University of Wisconsin - Madison
William & Mary ranked #21 on this year’s Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k list. This medium-sized school is located in Williamsburg, Virginia, and it awarded 142 bachelors’s general economics degrees in 2019-2020.
William & Mary also claimed a top spot on our “Best General Economics Bachelor’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for William & Mary is $11,721 for Bachelor’s Degree General Economics students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
University of Illinois at Urbana-Champaign came in at #22 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Champaign, Illinois, this large public school handed out 436 diplomas to qualified bachelors’s general economics students in 2019-2020.
On top of its placing in this ranking, UIUC also did well on our “Best General Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. The estimated yearly cost for UIUC is $13,351 for bachelor’s degree general economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 94%, 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%.
Full University of Illinois at Urbana-Champaign General Economics Report
Lafayette College did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #23. Located in Easton, Pennsylvania, this small private not-for-profit school awarded 106 diplomas to qualified bachelors’s general economics students in 2019-2020.
Lafayette did well in our major quality rankings, too. It placed #22 on our “Best General Economics Bachelor’s Degree Schools” list. It costs about $17,121 for Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend Lafayette College.
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 1.2%, 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.
University of Virginia - Main Campus landed the #24 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Charlottesville, Virginia, this large public school handed out 511 degrees to qualified bachelors’s general economics students in 2019-2020.
University of Virginia did well in our major quality rankings, too. It placed #13 on our “Best General Economics Bachelor’s Degree Schools” list. It costs about $14,671 for Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend University of Virginia.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%.
Full University of Virginia - Main Campus General Economics Report
Colgate University came in at #25 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. This small school is located in Hamilton, New York, and it awarded 62 bachelors’s general economics degrees in 2019-2020.
Colgate also took the #7 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $16,525 for Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend Colgate.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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.
Rest of the Best 50 in Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value General Economics Schools for a Bachelor’s For Those Making $48-$75k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | Vassar College | Poughkeepsie, NY |
| 52 | California State University - Fullerton | Fullerton, CA |
| 53 | Connecticut College | New London, CT |
| 54 | Virginia Military Institute | Lexington, VA |
| 55 | California State University - Fresno | Fresno, CA |
| 56 | California State University - Stanislaus | Turlock, CA |
| 57 | The University of West Florida | Pensacola, FL |
| 58 | University of Central Florida | Orlando, FL |
| 59 | Gettysburg College | Gettysburg, PA |
| 60 | University of Wisconsin - La Crosse | La Crosse, WI |
| 61 | Pitzer College | Claremont, CA |
| 61 | University of Maryland - College Park | College Park, MD |
| 63 | College of the Holy Cross | Worcester, MA |
| 64 | University of Missouri - Columbia | Columbia, MO |
| 65 | Iowa State University | Ames, IA |
| Rank | College | Location |
|---|---|---|
| 66 | California State University - Long Beach | Long Beach, CA |
| 67 | Trinity College | Hartford, CT |
| 68 | Beloit College | Beloit, WI |
| 69 | University of Georgia | Athens, GA |
| 70 | York College | Jamaica, NY |
| 71 | Boston University | Boston, MA |
| 72 | Texas A&M University - College Station | College Station, TX |
| 73 | University of Massachusetts Amherst | Amherst, MA |
| 74 | California State University - Northridge | Northridge, CA |
| 75 | University of Houston | Houston, TX |
| 76 | University of Delaware | Newark, DE |
| 77 | University of Illinois at Springfield | Springfield, IL |
| 78 | University of Wisconsin - River Falls | River Falls, WI |
| 79 | Utah State University | Logan, UT |
| 80 | Lehman College | Bronx, NY |
| 81 | Truman State University | Kirksville, MO |
| 82 | University of Utah | Salt Lake City, UT |
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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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