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2022 Best Value Colleges for Economics (Income $0-$30k) in Arkansas

5 Ranked Colleges
95 Degrees Awarded
$12,400 Avg Net Price*
Best Value Economics Schools in Arkansas 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 in Arkansas 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 Arkansas, there were 95 economics graduates with average earnings and debt of $39,900 and $25,750 respectively.

For this year’s “Best Value Economics Schools in Arkansas For Those Making $0-$30k” ranking, we looked at 5 colleges that offer a degree 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.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools in Arkansas For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

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. 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 in Arkansas For Those Making $0-$30k

The colleges and universities below are the best for arkansas economics students whose families make $0-$30k.

Top 5 Best Value Colleges for Economics (Income $0-$30k) in Arkansas

#1

Hendrix College

Conway, Arkansas
#1 in overall quality
$9,654 Average Net Price
$20,950 Average Early-Career Earnings

You’ll be in good company if you decide to attend Hendrix College. It ranked #1 on our 2022 Best Value Economics Schools in Arkansas For Those Making $0-$30k list. Hendrix is a private not-for-profit institution located in Conway, Arkansas. The school has a small population, and it awarded 25 ’s degrees in 2019-2020.

Hendrix also took the #1 spot in our “Best Economics Schools in Arkansas” ranking. The estimated yearly cost for Hendrix College is $9,654 for Arkansas Economics students whose families make $0-$30k.

Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 2.3% 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 more about Economics at Hendrix College

#2

University of Arkansas

Fayetteville, Arkansas
#2 in overall quality
$12,094 Average Net Price
$42,433 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Arkansas. It ranked #2 on our 2022 Best Value Economics Schools in Arkansas For Those Making $0-$30k list. University of Arkansas is a large public school situated in Fayetteville, Arkansas. It awarded 25 ’s economics degrees in 2019-2020.

UARK also took the #2 spot in our “Best Economics Schools in Arkansas” ranking. It costs about $12,094 for Arkansas Economics students whose families make $0-$30k per year to attend UARK.

With a freshman retention rate of 85%, the school does an excellent job of retaining its students.

Read more about Economics at University of Arkansas

#3

University of Central Arkansas

Conway, Arkansas
#4 in overall quality
$13,549 Average Net Price
$38,709 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Central Arkansas. The school came in at #3 for the Best Value Economics Schools in Arkansas For Those Making $0-$30k. Conway, Arkansas is the setting for this fairly large institution of higher learning. The public school handed out ’s economics degrees to 21 students in 2019-2020.

UCA also made our “Best Economics Schools in Arkansas” list, coming in at #4. It costs about $13,549 for Arkansas Economics students whose families make $0-$30k per year to attend University of Central Arkansas.

Full University of Central Arkansas Economics Report

#4

Arkansas State University - Main Campus

Jonesboro, Arkansas
#5 in overall quality
$10,948 Average Net Price
$40,471 Average Early-Career Earnings

Out of the 5 schools in the Best Value Economics Schools in Arkansas For Those Making $0-$30k that were part of this year’s ranking, Arkansas State University - Main Campus landed the #4 spot on the list. This fairly large school is located in Jonesboro, Arkansas, and it awarded 7 ’s economics degrees in 2019-2020.

A-State also made our “Best Economics Schools in Arkansas” list, coming in at #5. It costs about $10,948 for Arkansas Economics students whose families make $0-$30k per year to attend A-State.

Read full report on Economics at Arkansas State University - Main Campus

#5

Lyon College

Batesville, Arkansas
#3 in overall quality
$15,784 Average Net Price

You’ll be in good company if you decide to attend Lyon College. It ranked #5 on our 2022 Best Value Economics Schools in Arkansas For Those Making $0-$30k list. Batesville, Arkansas is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 11 students in 2019-2020.

Lyon also made our “Best Economics Schools in Arkansas” list, coming in at #3. The estimated yearly cost for Lyon College is $15,784 for arkansas economics students whose families make $0-$30k.

Full Lyon College 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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