2022 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Vermont

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Vermont 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 Vermont, there were 237 economics graduates with average earnings and debt of $54,200 and $22,781 respectively. At the bachelor’s degree level specifically, there were 227 economics graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Economics Schools for a Bachelor’s in Vermont For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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.

One Size Does Not Fit All

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 Economics Schools for a Bachelor’s in Vermont For Those Making $0-$30k” list to help you make the college 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Economics Schools for a Bachelor’s in Vermont For Those Making $0-$30k

The colleges and universities below are the best for vermont bachelor’s degree economics students whose families make $0-$30k.

Top 3 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Vermont

#1

Middlebury College

Middlebury, Vermont

#1 in overall quality

$6,161 Average Net Price

$76,460 Average Early-Career Earnings

Out of the 3 schools in the Best Value Economics Schools for a Bachelor’s in Vermont For Those Making $0-$30k that were part of this year’s ranking, Middlebury College landed the #1 spot on the list. Middlebury is located in Middlebury, Vermont and, has a small student population. In 2019-2020, this school awarded 129 bachelors’s economics degrees to qualified students.

In addition to being on our vermont bachelor’s degree economics students whose families make $0-$30k list, Middlebury has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in Vermont” ranking. It costs about $6,161 for Vermont 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. 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 89%, which means students like the school well enough to return for a second year.

Read more about Economics at Middlebury College

#2

University of Vermont

Burlington, Vermont

#2 in overall quality

$12,015 Average Net Price

$34,603 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Vermont. The school came in at #2 for the Best Value Economics Schools for a Bachelor’s in Vermont For Those Making $0-$30k. Burlington, Vermont is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 77 students in 2019-2020.

UVM also made our “Best Economics Bachelor’s Degree Schools in Vermont” list, coming in at #2. It costs about $12,015 for vermont bachelor’s degree economics students whose families make $0-$30k per year to attend University of Vermont.

With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.

Read full report on Economics at University of Vermont

#3

Saint Michael's College

Colchester, Vermont

#3 in overall quality

$18,905 Average Net Price

$42,235 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Saint Michael’s College. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Vermont For Those Making $0-$30k. This small school is located in Colchester, Vermont, and it awarded 19 bachelors’s economics degrees in 2019-2020.

Saint Michael’s did well in our major quality rankings, too. It placed #3 on our “Best Economics Bachelor’s Degree Schools in Vermont” list. It costs about $18,905 for Vermont Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Saint Michael’s College.

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 86%, which means students like the school well enough to return for a second year.

Read more about Economics at Saint Michael’s

• Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in the New England Region
• Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k)

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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