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2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k

6 Ranked Colleges
47 Degrees Awarded
$36,400 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. 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 Pennsylvania, there were 1,802 economics graduates with average earnings and debt of $48,304 and $24,346 respectively. At the doctor’s degree level specifically, there were 47 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k” ranking analyzed 6 colleges that offered a degree in economics. The schools that top this list are recognized because they have great 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 economics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Economics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k” list, to help you choose the best school for you.

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. 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 Doctorate in Pennsylvania For Those Making $0-$30k

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

Top 6 Best Value Doctor’s Degree Colleges for Economics (Income $0-$30k) in Pennsylvania

#1

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Pennsylvania. The school came in at #1 for the Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k. Located in Philadelphia, Pennsylvania, this large private not-for-profit school awarded 17 diplomas to qualified doctorate’s economics students in 2019-2020.

UPenn also made our “Best Economics Doctor’s Degree Schools in Pennsylvania” list, coming in at #1. Average graduate tuition and fees at University of Pennsylvania are $41,760, but some majors have different tuition rates.

Full University of Pennsylvania Economics Report

#2

Carnegie Mellon University

Pittsburgh, Pennsylvania
#2 in overall quality

You’ll be in good company if you decide to attend Carnegie Mellon University. It ranked #2 on our 2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k list. Pittsburgh, Pennsylvania is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out doctorate’s economics degrees to 9 students in 2019-2020.

As a testament to the quality of education offered at Carnegie Mellon, the school also landed the #2 spot in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Carnegie Mellon are $47,326, but you may pay more or less depending on your major.

Read more about Economics at Carnegie Mellon University

#3

Lehigh University

Bethlehem, Pennsylvania
#3 in overall quality

You’ll be in good company if you decide to attend Lehigh University. It ranked #3 on our 2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k list. Lehigh University is located in Bethlehem, Pennsylvania and, has a medium-sized student population. In 2019-2020, this school awarded 6 doctorate’s economics degrees to qualified students.

Lehigh also took the #3 spot in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Lehigh are $27,130, but some majors have different tuition rates.

Read more about Economics at Lehigh University

#5 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Pittsburgh - Pittsburgh Campus. The school came in at #4 for the Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k. University of Pittsburgh - Pittsburgh Campus is a public institution located in Pittsburgh, Pennsylvania. The school has a large population, and it awarded 7 doctorate’s degrees in 2019-2020.

Pitt also made our “Best Economics Doctor’s Degree Schools in Pennsylvania” list, coming in at #5. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Pittsburgh - Pittsburgh Campus are $40,836.

Read more about Economics at Pitt

#5

Temple University

Philadelphia, Pennsylvania
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Temple University. The school came in at #5 for the Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k. This large school is located in Philadelphia, Pennsylvania, and it awarded 4 doctorate’s economics degrees in 2019-2020.

Temple did well in our major quality rankings, too. It placed #7 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at Temple are $24,236, but some majors have different tuition rates.

Read full report on Economics at Temple University

#6

Drexel University

Philadelphia, Pennsylvania
#6 in overall quality

With a ranking of #6, Drexel University did quite well on the 2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $0-$30k list. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out doctorate’s economics degrees to 4 students in 2019-2020.

Drexel not only placed well in this ranking. It is also #6 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at Drexel are $37,074, but some majors have different tuition rates.

Full Drexel Economics Report

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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