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

8 Ranked Colleges
247 Degrees Awarded
$13,600 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Kentucky For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k” ranking.

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 Kentucky, there were 297 economics graduates with average earnings and debt of $43,250 and $21,937 respectively. At the bachelor’s degree level specifically, there were 247 economics graduates with average earnings and debt of $35,401 and $24,684 respectively.

For this year’s “Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k” ranking, we looked at 8 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. For more information, check out our ranking methodology.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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

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

Top 8 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Kentucky

#1

Centre College

Danville, Kentucky
#1 in overall quality
$14,953 Average Net Price
$46,556 Average Early-Career Earnings

You’ll be in good company if you decide to attend Centre College. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k list. Danville, Kentucky is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 74 students in 2019-2020.

Centre College of Kentucky did well in our major quality rankings, too. It placed #1 on our “Best Economics Bachelor’s Degree Schools in Kentucky” list. The yearly cost to attend Centre College is $14,953 for Kentucky 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 89%. 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. 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%.

Full Centre College of Kentucky Economics Report

#2

University of Kentucky

Lexington, Kentucky
#2 in overall quality
$11,848 Average Net Price
$41,725 Average Early-Career Earnings

Out of the 8 schools in the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k that were part of this year’s ranking, University of Kentucky landed the #2 spot on the list. UK is a large school located in Lexington, Kentucky that handed out 75 bachelors’s economics degrees in 2019-2020.

UK also made our “Best Economics Bachelor’s Degree Schools in Kentucky” list, coming in at #2. The yearly cost to attend UK is $11,848 for Kentucky Bachelor’s Degree Economics students whose families make $0-$30k.

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 full report on Economics at University of Kentucky

#3

University of Louisville

Louisville, Kentucky
#3 in overall quality
$13,058 Average Net Price

Out of the 8 schools in the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k that were part of this year’s ranking, University of Louisville landed the #3 spot on the list. University of Louisville is located in Louisville, Kentucky and, has a large student population. In 2019-2020, this school awarded 18 bachelors’s economics degrees to qualified students.

As a testament to the quality of education offered at UofL, the school also landed the #3 spot in our “Best Economics Bachelor’s Degree Schools in Kentucky” ranking. It costs about $13,058 for kentucky bachelor’s degree economics students whose families make $0-$30k per year to attend University of Louisville.

Read full report on Economics at University of Louisville

#4

Murray State University

Murray, Kentucky
#8 in overall quality
$8,839 Average Net Price

You’ll join some of the best and brightest minds around if you attend Murray State University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k. Murray State University is a medium-sized school located in Murray, Kentucky that handed out 7 bachelors’s economics degrees in 2019-2020.

Murray State also made our “Best Economics Bachelor’s Degree Schools in Kentucky” list, coming in at #8. It costs about $8,839 for kentucky bachelor’s degree economics students whose families make $0-$30k per year to attend Murray State.

Read full report on Economics at Murray State University

#5

Western Kentucky University

Bowling Green, Kentucky
#5 in overall quality
$11,714 Average Net Price
$43,426 Average Early-Career Earnings

You’ll be in good company if you decide to attend Western Kentucky University. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k list. WKU is a fairly large school located in Bowling Green, Kentucky that handed out 42 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at WKU, the school also landed the #5 spot in our “Best Economics Bachelor’s Degree Schools in Kentucky” ranking. The yearly cost to attend Western Kentucky University is $11,714 for Kentucky Bachelor’s Degree Economics students whose families make $0-$30k.

Read more about Economics at WKU

#6

Eastern Kentucky University

Richmond, Kentucky
#6 in overall quality
$12,397 Average Net Price

With a ranking of #6, Eastern Kentucky University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k list. Eastern is a fairly large school located in Richmond, Kentucky that handed out 4 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Eastern, the school also landed the #6 spot in our “Best Economics Bachelor’s Degree Schools in Kentucky” ranking. It costs about $12,397 for kentucky bachelor’s degree economics students whose families make $0-$30k per year to attend Eastern.

Read more about Economics at Eastern Kentucky University

#7

Georgetown College

Georgetown, Kentucky
#7 in overall quality
$14,194 Average Net Price

Georgetown College ranked #7 on this year’s Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k list. Georgetown College is a small school located in Georgetown, Kentucky that handed out 1 bachelors’s economics degrees in 2019-2020.

Georgetown College also made our “Best Economics Bachelor’s Degree Schools in Kentucky” list, coming in at #7. It costs about $14,194 for Kentucky Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Georgetown College.

Read more about Economics at Georgetown College

#8

Bellarmine University

Louisville, Kentucky
#4 in overall quality
$21,398 Average Net Price
$46,087 Average Early-Career Earnings

With a ranking of #8, Bellarmine University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $0-$30k list. Bellarmine University is a small school located in Louisville, Kentucky that handed out 10 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Bellarmine U, the school also landed the #4 spot in our “Best Economics Bachelor’s Degree Schools in Kentucky” ranking. The estimated yearly cost for Bellarmine University is $21,398 for Kentucky Bachelor’s Degree Economics students whose families make $0-$30k.

Read more about Economics at Bellarmine U

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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