2022 Best Value Economics Schools in Alabama For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 in Alabama For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

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 Alabama, there were 71 economics graduates with average earnings and debt of $0 and $20,750 respectively.

This year’s “Best Value Economics Schools in Alabama For Those Making $0-$30k” ranking analyzed 3 colleges that offered a degree 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.

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. See our ranking methodology to learn more.

One Size Does Not Fit All

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

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 in Alabama For Those Making $0-$30k

The following schools top our list of the Best Best Value Economics Schools in Alabama For Those Making $0-$30k.

Top 3 Best Value Colleges for Economics (Income $0-$30k) in Alabama

#1

Auburn University

Auburn, Alabama

#1 in overall quality

$18,394 Average Net Price

$46,909 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Auburn University. The school came in at #1 for the Best Value Economics Schools in Alabama For Those Making $0-$30k. Auburn is located in Auburn, Alabama and, has a large student population. In 2019-2020, this school awarded 24 ’s economics degrees to qualified students.

In addition to being on our alabama economics students whose families make $0-$30k list, Auburn has also earned the #1 rank in our “Best Economics Schools in Alabama” ranking. It costs about $18,394 for alabama economics students whose families make $0-$30k per year to attend Auburn University.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The low student loan default rate of 2.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Economics at Auburn University

#2

Troy University

Troy, Alabama

#3 in overall quality

$14,062 Average Net Price

$37,149 Average Early-Career Earnings

You’ll be in good company if you decide to attend Troy University. It ranked #2 on our 2022 Best Value Economics Schools in Alabama For Those Making $0-$30k list. Troy University is a fairly large public school situated in Troy, Alabama. It awarded 4 ’s economics degrees in 2019-2020.

TROY also made our “Best Economics Schools in Alabama” list, coming in at #3. The yearly cost to attend TROY is $14,062 for alabama economics students whose families make $0-$30k.

Read more about Economics at TROY

#3

Samford University

Birmingham, Alabama

#2 in overall quality

$21,953 Average Net Price

$57,458 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Samford University. The school came in at #3 for the Best Value Economics Schools in Alabama For Those Making $0-$30k. Birmingham, Alabama is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 5 students in 2019-2020.

Samford not only placed well in this ranking. It is also #2 on our “Best Economics Schools in Alabama” list. The yearly cost to attend Samford University is $21,953 for alabama economics students whose families make $0-$30k.

The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read full report on Economics at Samford

• Best Value Colleges for Economics (Income $0-$30k) in the Southeast Region
• Best Value 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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