2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k
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 Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.
Across the New England region, there were 5,786 economics graduates with average earnings and debt of $55,849 and $22,623 respectively. At the bachelor’s degree level specifically, there were 4,866 economics graduates with average earnings and debt of $41,041 and $24,492 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k” ranking analyzed 62 colleges that offered a degree in economics. Not only do the schools that top this list have excellent economics programs, but they also 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 economics program at the school. Check out our ranking methodology for more information.
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The 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 Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k”.
You can create your own custom comparison that focuses on the factors most important to you using our 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 Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k
The colleges and universities below are the best for new england region bachelor’s degree economics students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in the New England Region
Out of the 62 schools in the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k that were part of this year’s ranking, Yale University landed the #1 spot on the list. Yale is located in New Haven, Connecticut and, has a fairly large student population. In 2019-2020, this school awarded 198 bachelors’s economics degrees to qualified students.
Yale also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #1. It costs about $2,125 for new england region bachelor’s degree economics students whose families make $0-$30k per year to attend Yale University.
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%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Out of the 62 schools in the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k that were part of this year’s ranking, Williams College landed the #2 spot on the list. Williams College is a small school located in Williamstown, Massachusetts that handed out 108 bachelors’s economics degrees in 2019-2020.
Williams did well in our major quality rankings, too. It placed #2 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The yearly cost to attend Williams College is $2,498 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
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 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. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
Out of the 62 schools in the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k that were part of this year’s ranking, Harvard University landed the #3 spot on the list. Harvard is a large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 215 bachelors’s economics degrees in 2019-2020.
Harvard also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #4. The estimated yearly cost for Harvard is $2,973 for new england region bachelor’s degree economics students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Brown University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k. Brown is a medium-sized private not-for-profit school situated in Providence, Rhode Island. It awarded 203 bachelors’s economics degrees in 2019-2020.
Brown not only placed well in this ranking. It is also #5 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. It costs about $201 for new england region bachelor’s degree economics students whose families make $0-$30k per year to attend Brown.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. 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 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.
Out of the 62 schools in the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k that were part of this year’s ranking, Dartmouth College landed the #5 spot on the list. This medium-sized school is located in Hanover, New Hampshire, and it awarded 166 bachelors’s economics degrees in 2019-2020.
Dartmouth also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #3. The estimated yearly cost for Dartmouth is $12,052 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
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 1.0% 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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Amherst College ranked #6 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. Amherst is located in Amherst, Massachusetts and, has a small student population. In 2019-2020, this school awarded 74 bachelors’s economics degrees to qualified students.
Amherst did well in our major quality rankings, too. It placed #6 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. It costs about $6,079 for new england region bachelor’s degree economics students whose families make $0-$30k per year to attend Amherst.
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 school has an impressive student loan default rate. It’s only 3.8%, 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 91%.
Colby College ranked #7 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. Colby is a small school located in Waterville, Maine that handed out 69 bachelors’s economics degrees in 2019-2020.
Colby did well in our major quality rankings, too. It placed #14 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. It costs about $2,335 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Colby College.
The low student loan default rate of 3.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Bates College ranked #8 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. This small school is located in Lewiston, Maine, and it awarded 71 bachelors’s economics degrees in 2019-2020.
Bates not only placed well in this ranking. It is also #12 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for Bates College is $4,618 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
With a ranking of #9, Bowdoin College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. This small school is located in Brunswick, Maine, and it awarded 63 bachelors’s economics degrees in 2019-2020.
Bowdoin not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for Bowdoin is $5,626 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
The impressive student-to-faculty ratio of 8 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Middlebury College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking, coming in at #10. Middlebury is a private not-for-profit institution located in Middlebury, Vermont. The school has a small population, and it awarded 129 bachelors’s degrees in 2019-2020.
Middlebury also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. It costs about $6,161 for new england region bachelor’s degree economics students whose families make $0-$30k per year to attend Middlebury College.
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. With a freshman retention rate of 89%, the school does an excellent job of retaining its students. The low student loan default rate of 1.0% 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%.
Tufts University ranked #11 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. Tufts University is located in Medford, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 172 bachelors’s economics degrees to qualified students.
Tufts also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Tufts is $5,267 for new england region bachelor’s degree economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. 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%. 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.
Wellesley College ranked #12 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. Wellesley, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 82 students in 2019-2020.
Wellesley did well in our major quality rankings, too. It placed #10 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for Wellesley is $8,785 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. Since the school has a student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.
Boston College landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. Boston College is a fairly large private not-for-profit school situated in Chestnut Hill, Massachusetts. It awarded 316 bachelors’s economics degrees in 2019-2020.
Boston College also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Boston College is $6,353 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
Trinity College landed the #14 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. Trinity Bantams is a private not-for-profit institution located in Hartford, Connecticut. The school has a small population, and it awarded 88 bachelors’s degrees in 2019-2020.
Trinity Bantams also took the #15 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend Trinity College is $6,256 for new england region bachelor’s degree economics students whose families make $0-$30k.
The student loan default rate at the school is 2.6%, which is quite low when compared to the national default 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. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.
Northeastern University landed the #15 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 159 bachelors’s economics degrees to qualified students.
In addition to being on our new england region bachelor’s degree economics students whose families make $0-$30k list, Northeastern has also earned the #17 rank in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Northeastern University is $10,239 for new england region bachelor’s degree economics students whose families make $0-$30k.
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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Smith College landed the #16 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. This small school is located in Northampton, Massachusetts, and it awarded 46 bachelors’s economics degrees in 2019-2020.
The estimated yearly cost for Smith College is $6,075 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
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 student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
College of the Holy Cross did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking, coming in at #17. College of the Holy Cross is located in Worcester, Massachusetts and, has a small student population. In 2019-2020, this school awarded 112 bachelors’s economics degrees to qualified students.
In addition to being on our new england region bachelor’s degree economics students whose families make $0-$30k list, Holy Cross has also earned the #13 rank in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend College of the Holy Cross is $15,036 for new england region bachelor’s degree economics students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Boston University came in at #18 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. Located in Boston, Massachusetts, this large private not-for-profit school awarded 300 diplomas to qualified bachelors’s economics students in 2019-2020.
As a testament to the quality of education offered at Boston U, the school also landed the #18 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Boston University is $12,903 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
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 92%, which means students like the school well enough to return for a second year. 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.
Brandeis University came in at #19 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. Brandeis is a medium-sized private not-for-profit school situated in Waltham, Massachusetts. It awarded 151 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Brandeis, the school also landed the #16 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Brandeis is $13,567 for new england region bachelor’s degree economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.
Connecticut College came in at #20 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. Located in New London, Connecticut, this small private not-for-profit school awarded 83 degrees to qualified bachelors’s economics students in 2019-2020.
In addition to being on our new england region bachelor’s degree economics students whose families make $0-$30k list, Conn College has also earned the #19 rank in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Conn College is $18,732 for new england region bachelor’s degree economics students whose families make $0-$30k.
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 1.1%, 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.
University of Massachusetts Amherst ranked #21 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. University of Massachusetts Amherst is located in Amherst, Massachusetts and, has a large student population. In 2019-2020, this school awarded 310 bachelors’s economics degrees to qualified students.
UMass Amherst did well in our major quality rankings, too. It placed #22 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for UMass Amherst is $13,137 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 89%, 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 2.8%, which is much lower than the national rate of 10.1%.
University of Connecticut ranked #22 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. Located in Storrs, Connecticut, this large public school awarded 454 diplomas to qualified bachelors’s economics students in 2019-2020.
UCONN also took the #20 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend University of Connecticut is $12,381 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Mount Holyoke College ranked #23 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. This small school is located in South Hadley, Massachusetts, and it awarded 40 bachelors’s economics degrees in 2019-2020.
Mt. Holyoke did well in our major quality rankings, too. It placed #21 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. It costs about $12,063 for new england region bachelor’s degree economics students whose families make $0-$30k per year to attend Mount Holyoke College.
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. The low student loan default rate of 2.9% 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 ranking of #24, University of Vermont did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. University of Vermont is a public institution located in Burlington, Vermont. The school has a fairly large population, and it awarded 77 bachelors’s degrees in 2019-2020.
The yearly cost to attend University of Vermont is $12,015 for new england region bachelor’s degree economics students whose families make $0-$30k.
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 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%.
University of Southern Maine landed the #25 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $0-$30k ranking. University of Southern Maine is a medium-sized public school situated in Portland, Maine. It awarded 19 bachelors’s economics degrees in 2019-2020.
The yearly cost to attend University of Southern Maine is $8,753 for New England Region Bachelor’s Degree Economics students whose families make $0-$30k.
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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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