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2022 Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k

8 Ranked Colleges
425 Degrees Awarded
$10,700 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Tennessee 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 Tennessee 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 Tennessee, there were 478 economics graduates with average earnings and debt of $50,633 and $20,232 respectively. At the bachelor’s degree level specifically, there were 425 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k” ranking looked at 8 colleges that offer degrees in a bachelor’s in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Tennessee For Those Making $0-$30k”.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

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

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

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

#1

Vanderbilt University

Nashville, Tennessee

You’ll be in good company if you decide to attend Vanderbilt University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k list. Vanderbilt is a private not-for-profit institution located in Nashville, Tennessee. The school has a fairly large population, and it awarded 257 bachelors’s degrees in 2019-2020.

Vanderbilt not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in Tennessee” list. The yearly cost to attend Vanderbilt is $3,156 for tennessee bachelor’s degree economics students whose families make $0-$30k.

With a student-to-faculty ratio of 8 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 1.0%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.

Full Vanderbilt Economics Report

Out of the 8 schools in the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k that were part of this year’s ranking, The University of Tennessee - Knoxville landed the #2 spot on the list. This large school is located in Knoxville, Tennessee, and it awarded 39 bachelors’s economics degrees in 2019-2020.

UT Knoxville also took the #4 spot in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. The yearly cost to attend The University of Tennessee - Knoxville is $10,224 for tennessee bachelor’s degree economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 4.3%, 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 89%.

Read full report on Economics at The University of Tennessee - Knoxville

#3

Rhodes College

Memphis, Tennessee

You’ll join some of the best and brightest minds around if you attend Rhodes College. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k. Memphis, Tennessee is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 25 students in 2019-2020.

As a testament to the quality of education offered at Rhodes College, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. It costs about $16,870 for tennessee bachelor’s degree economics students whose families make $0-$30k per year to attend Rhodes College.

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. With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Rhodes College

#4

Middle Tennessee State University

Murfreesboro, Tennessee
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend Middle Tennessee State University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k. Middle Tennessee State University is a public institution located in Murfreesboro, Tennessee. The school has a large population, and it awarded 8 bachelors’s degrees in 2019-2020.

Middle Tennessee State University also made our “Best Economics Bachelor’s Degree Schools in Tennessee” list, coming in at #5. It costs about $8,919 for Tennessee Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Middle Tennessee State University.

Read more about Economics at Middle Tennessee State University

Out of the 8 schools in the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k that were part of this year’s ranking, The University of Tennessee - Chattanooga landed the #5 spot on the list. UT Chattanooga is a fairly large school located in Chattanooga, Tennessee that handed out 4 bachelors’s economics degrees in 2019-2020.

UT Chattanooga also made our “Best Economics Bachelor’s Degree Schools in Tennessee” list, coming in at #7. It costs about $8,108 for tennessee bachelor’s degree economics students whose families make $0-$30k per year to attend UT Chattanooga.

Read more about Economics at UT Chattanooga

#6

University of Memphis

Memphis, Tennessee
#6 in overall quality

University of Memphis landed the #6 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k ranking. UofM is a public institution located in Memphis, Tennessee. The school has a large population, and it awarded 11 bachelors’s degrees in 2019-2020.

UofM did well in our major quality rankings, too. It placed #6 on our “Best Economics Bachelor’s Degree Schools in Tennessee” list. The yearly cost to attend UofM is $10,256 for tennessee bachelor’s degree economics students whose families make $0-$30k.

Read full report on Economics at UofM

#7

East Tennessee State University

Johnson City, Tennessee
#8 in overall quality

East Tennessee State University came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k ranking. ETSU is a public institution located in Johnson City, Tennessee. The school has a fairly large population, and it awarded 7 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at ETSU, the school also landed the #8 spot in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. It costs about $10,632 for Tennessee Bachelor’s Degree Economics students whose families make $0-$30k per year to attend East Tennessee State University.

Read full report on Economics at ETSU

Sewanee - The University of the South came in at #8 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Making $0-$30k ranking. Sewanee - The University of the South is a small private not-for-profit school situated in Sewanee, Tennessee. It awarded 62 bachelors’s economics degrees in 2019-2020.

Sewanee not only placed well in this ranking. It is also #3 on our “Best Economics Bachelor’s Degree Schools in Tennessee” list. It costs about $17,277 for tennessee bachelor’s degree economics students whose families make $0-$30k per year to attend Sewanee - The University of the South.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student-to-faculty ratio of 10 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 3.2%, which is much lower than the national rate of 10.1%.

Read more about Economics at Sewanee - The University of the South

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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