2022 Best Value Economics Schools for a Master’s in Indiana 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 Master’s in Indiana 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 Indiana, there were 838 economics graduates with average earnings and debt of $50,043 and $21,777 respectively. At the master’s degree level specifically, there were 61 economics graduates with average earnings and debt of $55,737 and $39,894 respectively.

This year’s “Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s 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.

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. See our ranking methodology to learn more.

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 Master’s in Indiana 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 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 Master’s in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k.

Top 5 Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana

#1 in overall quality

$57,522 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #1 for the Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 26 students in 2019-2020.

In addition to being on our indiana master’s degree economics students whose families make $0-$30k list, Notre Dame has also earned the #1 rank in our “Best Economics Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Notre Dame are $57,522.

Full Notre Dame Economics Report

#2

Purdue University - Main Campus

West Lafayette, Indiana

#2 in overall quality

$28,794 Avg Grad Tuition & Fees

$84,653 Average Early-Career Earnings

Out of the 5 schools in the Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #2 spot on the list. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 19 masters’s economics degrees to qualified students.

Purdue not only placed well in this ranking. It is also #2 on our “Best Economics Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but some majors have different tuition rates.

Full Purdue Economics Report

#3

Indiana University - Bloomington

Bloomington, Indiana

#3 in overall quality

$33,338 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #3 on our 2022 Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k list. This large school is located in Bloomington, Indiana, and it awarded 9 masters’s economics degrees in 2019-2020.

IU Bloomington also made our “Best Economics Master’s Degree Schools in Indiana” list, coming in at #3. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but some majors have different tuition rates.

Read full report on Economics at Indiana University - Bloomington

#4

Indiana University - Purdue University - Indianapolis

Indianapolis, Indiana

#4 in overall quality

$26,013 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #4 for the Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k. IUPUI is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at IUPUI, the school also landed the #4 spot in our “Best Economics Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at IUPUI are $26,013, but some majors have different tuition rates.

Read more about Economics at Indiana University - Purdue University - Indianapolis

#5

Valparaiso University

Valparaiso, Indiana

$12,220 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Valparaiso University. It ranked #5 on our 2022 Best Value Economics Schools for a Master’s in Indiana For Those Making $0-$30k list. This small school is located in Valparaiso, Indiana, and it awarded 2 masters’s economics degrees in 2019-2020.

Valpo did well in our major quality rankings, too. It placed #0 on our “Best Economics Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Valparaiso University are $12,220, but some majors have different tuition rates.

Full Valparaiso University Economics Report

• Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in the Great Lakes Region
• Best Value Master’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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