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2022 Best Value Bachelor’s Degree Colleges for General Economics in Maryland (With Aid)

13 Ranked Colleges
913 Degrees Awarded
$22,600 Avg Net Price*
Best Value General Economics Schools for a Bachelor's in Maryland For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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 Getting Aid” ranking analyzed 13 colleges that offered 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general economics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid” list, to help you choose the best school for you.

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 Maryland For Those Getting Aid

The colleges and universities below are the best for maryland bachelor’s degree general economics students with aid.

Top 13 Best Value Bachelor’s Degree Colleges for General Economics in Maryland (With Aid)

#1

University of Maryland - College Park

College Park, Maryland
#2 in overall quality

Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid that were part of this year’s ranking, University of Maryland - College Park landed the #1 spot on the list. This large school is located in College Park, Maryland, and it awarded 465 bachelors’s general economics degrees in 2019-2020.

UMCP also took the #2 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $19,045 for Maryland Bachelor’s Degree General Economics students with aid per year to attend University of Maryland - College Park.

With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Economics at UMCP

#2

Johns Hopkins University

Baltimore, Maryland
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #2 for the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid. 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.

Johns Hopkins also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #1. It costs about $29,342 for maryland bachelor’s degree general economics students with aid per year to attend Johns Hopkins University.

The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national 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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read full report on General Economics at Johns Hopkins University

#3

Towson University

Towson, Maryland
#5 in overall quality

Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid that were part of this year’s ranking, Towson University landed the #3 spot on the list. Located in Towson, Maryland, this large public school handed out 89 diplomas to qualified bachelors’s general economics students in 2019-2020.

Towson did well in our major quality rankings, too. It placed #5 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Towson is $18,233 for maryland bachelor’s degree general economics students with aid.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at Towson

#4 in overall quality

Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid that were part of this year’s ranking, University of Maryland - Baltimore County landed the #4 spot on the list. Located in Baltimore, Maryland, this fairly large public school awarded 129 degrees to qualified bachelors’s general economics students in 2019-2020.

UMBC also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #4. It costs about $19,082 for maryland bachelor’s degree general economics students with aid per year to attend UMBC.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Full UMBC General Economics Report

#5

Salisbury University

Salisbury, Maryland
#6 in overall quality

You’ll be in good company if you decide to attend Salisbury University. It ranked #5 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid list. Salisbury is a public institution located in Salisbury, Maryland. The school has a medium-sized population, and it awarded 22 bachelors’s 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 $19,617 for maryland bachelor’s degree general economics students with aid.

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%.

Full Salisbury University General Economics Report

#6

St Mary's College of Maryland

St. Mary's City, Maryland
#7 in overall quality

St Mary’s College of Maryland landed the #6 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid ranking. SMCM is a small school located in St. Mary’s City, Maryland that handed out 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 $19,369 for Maryland Bachelor’s Degree General Economics students with aid per year to attend SMCM.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%. 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.

Full SMCM General Economics Report

#7

Frostburg State University

Frostburg, Maryland
#11 in overall quality

With a ranking of #7, Frostburg State University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid list. Located in Frostburg, Maryland, this small public school handed out 12 diplomas to qualified bachelors’s general economics students 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 $16,676 for maryland bachelor’s degree general economics students with aid.

Read full report on General Economics at Frostburg State

#8

Morgan State University

Baltimore, Maryland
#13 in overall quality

With a ranking of #8, Morgan State University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid list. Morgan State is a medium-sized school located in Baltimore, Maryland that handed out 5 bachelors’s general economics degrees in 2019-2020.

In addition to being on our maryland bachelor’s degree general economics students with aid list, Morgan State has also earned the #13 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Morgan State is $17,619 for maryland bachelor’s degree general economics students with aid.

Read full report on General Economics at Morgan State University

#9

McDaniel College

Westminster, Maryland
#10 in overall quality

McDaniel College ranked #9 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid list. McDaniel College is a small school located in Westminster, Maryland that handed out 4 bachelors’s general economics degrees in 2019-2020.

McDaniel also took the #10 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $18,182 for Maryland Bachelor’s Degree General Economics students with aid per year to attend McDaniel.

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%.

Read more about General Economics at McDaniel College

#10

Hood College

Frederick, Maryland
#12 in overall quality

Hood College landed the #10 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid ranking. Frederick, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 1 students in 2019-2020.

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. It costs about $23,767 for maryland bachelor’s degree general economics students with aid per year to attend Hood.

Read more about General Economics at Hood

#11

Mount St Mary's University

Emmitsburg, Maryland
#9 in overall quality

Mount St Mary’s University came in at #11 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid ranking. Mount St Mary’s University is located in Emmitsburg, Maryland and, has a small student population. In 2019-2020, this school awarded 3 bachelors’s general economics degrees to qualified students.

The Mount did well in our major quality rankings, too. It placed #9 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The estimated yearly cost for Mount St Mary’s University is $27,954 for maryland bachelor’s degree general economics students with aid.

Full Mount St Mary’s University General Economics Report

#12

Washington College

Chestertown, Maryland
#8 in overall quality

Washington College ranked #12 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid list. Washington College is located in Chestertown, Maryland and, has a small student population. In 2019-2020, this school awarded 33 bachelors’s general economics degrees to qualified students.

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 $28,638 for maryland bachelor’s degree general economics students with aid.

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. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.

Full Washington College General Economics Report

#13

Loyola University Maryland

Baltimore, Maryland
#3 in overall quality

With a ranking of #13, Loyola University Maryland did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland For Those Getting Aid list. Located in Baltimore, Maryland, this medium-sized private not-for-profit school awarded 11 degrees to qualified bachelors’s general economics students in 2019-2020.

Loyola Maryland also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #3. The yearly cost to attend Loyola Maryland is $36,594 for Maryland Bachelor’s Degree General Economics students with aid.

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 school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.

Read full report on 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.

Credits

  • Credit for the banner image above goes to pixabay.

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