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

7 Ranked Colleges
69 Degrees Awarded
$33,100 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's 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. College Factual has developed its “Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $0-$30k” ranking as one item you can use to help make this decision.

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 master’s degree level specifically, there were 69 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $0-$30k” ranking analyzed 7 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.

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.

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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 Master’s in Pennsylvania For Those Making $0-$30k” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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

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

Top 7 Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in Pennsylvania

#1

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality
$41,760 Avg Grad Tuition & Fees

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 Master’s in Pennsylvania For Those Making $0-$30k. This large school is located in Philadelphia, Pennsylvania, and it awarded 18 masters’s economics degrees in 2019-2020.

UPenn also took the #1 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at UPenn are $41,760, but you may pay more or less depending on your major.

Read full report on Economics at UPenn

#2

Lehigh University

Bethlehem, Pennsylvania
#2 in overall quality
$27,130 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Lehigh University. The school came in at #2 for the Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $0-$30k. This medium-sized school is located in Bethlehem, Pennsylvania, and it awarded 10 masters’s economics degrees in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students whose families make $0-$30k list, Lehigh has also earned the #2 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Lehigh University are $27,130, but some majors have different tuition rates.

Read full report on Economics at Lehigh University

#3

Carnegie Mellon University

Pittsburgh, Pennsylvania
$47,326 Avg Grad Tuition & Fees

Out of the 7 schools in the Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $0-$30k that were part of this year’s ranking, Carnegie Mellon University landed the #3 spot on the list. Carnegie Mellon is a private not-for-profit institution located in Pittsburgh, Pennsylvania. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.

Carnegie Mellon also made our “Best Economics Master’s Degree Schools in Pennsylvania” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Carnegie Mellon are $47,326.

Read more about Economics at Carnegie Mellon

#4

University of Pittsburgh - Pittsburgh Campus

Pittsburgh, Pennsylvania
#5 in overall quality
$40,836 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Pittsburgh - Pittsburgh Campus. It ranked #4 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $0-$30k list. This large school is located in Pittsburgh, Pennsylvania, and it awarded 8 masters’s economics degrees in 2019-2020.

Pitt also made our “Best Economics Master’s Degree Schools in Pennsylvania” list, coming in at #5. Average graduate tuition and fees at University of Pittsburgh - Pittsburgh Campus are $40,836, but some majors have different tuition rates.

Full Pitt Economics Report

#5

Temple University

Philadelphia, Pennsylvania
#6 in overall quality
$24,236 Avg Grad Tuition & Fees

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 Master’s in Pennsylvania For Those Making $0-$30k. Temple University is a large public school situated in Philadelphia, Pennsylvania. It awarded 6 masters’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Temple, the school also landed the #6 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Temple University are $24,236.

Read more about Economics at Temple

#6

Drexel University

Philadelphia, Pennsylvania
#4 in overall quality
$37,074 Avg Grad Tuition & Fees

With a ranking of #6, Drexel University did quite well on the 2022 Best Value Economics Schools for a Master’s 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 masters’s economics degrees to 14 students in 2019-2020.

As a testament to the quality of education offered at Drexel, the school also landed the #4 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Drexel University are $37,074, but some majors have different tuition rates.

Full Drexel University Economics Report

#7

Eastern University

Saint Davids, Pennsylvania
#7 in overall quality
$13,610 Avg Grad Tuition & Fees

Eastern University did quite well in the 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $0-$30k ranking, coming in at #7. Eastern University is located in Saint Davids, Pennsylvania and, has a small student population. In 2019-2020, this school awarded 10 masters’s economics degrees to qualified students.

In addition to being on our pennsylvania master’s degree economics students whose families make $0-$30k list, EU has also earned the #7 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Eastern University are $13,610, but some majors have different tuition rates.

Read full report on Economics at EU

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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