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

11 Ranked Colleges
419 Degrees Awarded
$15,400 Avg Net Price*
Best Value Economics Schools in Iowa For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools in Iowa For Those Making $0-$30k” ranking - to help you make that 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 Iowa, there were 419 economics graduates with average earnings and debt of $42,700 and $19,983 respectively.

This year’s “Best Value Economics Schools in Iowa For Those Making $0-$30k” ranking looked at 11 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.

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 Iowa 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 11 Best Value Colleges for Economics (Income $0-$30k) in Iowa

Out of the 11 schools in the Best Value Economics Schools in Iowa For Those Making $0-$30k that were part of this year’s ranking, Iowa State University landed the #1 spot on the list. Ames, Iowa is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 61 students in 2019-2020.

In addition to being on our iowa economics students whose families make $0-$30k list, Iowa State has also earned the #2 rank in our “Best Economics Schools in Iowa” ranking. The estimated yearly cost for Iowa State is $10,054 for Iowa Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 89%, the school does an excellent job of retaining its students.

Read more about Economics at Iowa State

#2

Grinnell College

Grinnell, Iowa

Out of the 11 schools in the Best Value Economics Schools in Iowa For Those Making $0-$30k that were part of this year’s ranking, Grinnell College landed the #2 spot on the list. Grinnell, Iowa is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 47 students in 2019-2020.

Grinnell did well in our major quality rankings, too. It placed #1 on our “Best Economics Schools in Iowa” list. The yearly cost to attend Grinnell is $11,945 for Iowa Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Grinnell Economics Report

#3

University of Northern Iowa

Cedar Falls, Iowa

You’ll join some of the best and brightest minds around if you attend University of Northern Iowa. The school came in at #3 for the Best Value Economics Schools in Iowa For Those Making $0-$30k. UNI is located in Cedar Falls, Iowa and, has a medium-sized student population. In 2019-2020, this school awarded 37 ’s economics degrees to qualified students.

UNI also took the #4 spot in our “Best Economics Schools in Iowa” ranking. It costs about $10,757 for Iowa Economics students whose families make $0-$30k per year to attend University of Northern Iowa.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about Economics at UNI

#4

University of Iowa

Iowa City, Iowa

Out of the 11 schools in the Best Value Economics Schools in Iowa For Those Making $0-$30k that were part of this year’s ranking, University of Iowa landed the #4 spot on the list. Iowa is located in Iowa City, Iowa and, has a large student population. In 2019-2020, this school awarded 200 ’s economics degrees to qualified students.

In addition to being on our iowa economics students whose families make $0-$30k list, Iowa has also earned the #5 rank in our “Best Economics Schools in Iowa” ranking. The estimated yearly cost for Iowa is $12,975 for Iowa Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Full Iowa Economics Report

#5

Coe College

Cedar Rapids, Iowa

You’ll be in good company if you decide to attend Coe College. It ranked #5 on our 2022 Best Value Economics Schools in Iowa For Those Making $0-$30k list. Coe is a small school located in Cedar Rapids, Iowa that handed out 21 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Coe, the school also landed the #9 spot in our “Best Economics Schools in Iowa” ranking. The estimated yearly cost for Coe is $14,590 for Iowa Economics students whose families make $0-$30k.

The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Coe College

#6

Wartburg College

Waverly, Iowa

With a ranking of #6, Wartburg College did quite well on the 2022 Best Value Economics Schools in Iowa For Those Making $0-$30k list. Wartburg College is a private not-for-profit institution located in Waverly, Iowa. The school has a small population, and it awarded 5 ’s degrees in 2019-2020.

In addition to being on our iowa economics students whose families make $0-$30k list, Wartburg has also earned the #6 rank in our “Best Economics Schools in Iowa” ranking. It costs about $16,334 for iowa economics students whose families make $0-$30k per year to attend Wartburg College.

The school has an impressive student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.

Read more about Economics at Wartburg

#7

Simpson College

Indianola, Iowa

Simpson College ranked #7 on this year’s Best Value Economics Schools in Iowa For Those Making $0-$30k list. Simpson College is located in Indianola, Iowa and, has a small student population. In 2019-2020, this school awarded 6 ’s economics degrees to qualified students.

Simpson College not only placed well in this ranking. It is also #8 on our “Best Economics Schools in Iowa” list. It costs about $15,357 for iowa economics students whose families make $0-$30k per year to attend Simpson College.

The low student loan default rate of 3.7% 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 Simpson College

#8

Central College

Pella, Iowa

With a ranking of #8, Central College did quite well on the 2022 Best Value Economics Schools in Iowa For Those Making $0-$30k list. Central College is a small private not-for-profit school situated in Pella, Iowa. It awarded 6 ’s economics degrees in 2019-2020.

Central not only placed well in this ranking. It is also #11 on our “Best Economics Schools in Iowa” list. The yearly cost to attend Central College is $19,172 for iowa economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.8%, which is much lower than the national rate of 10.1%.

Full Central College Economics Report

#9

Loras College

Dubuque, Iowa

Loras College did quite well in the 2022 Best Value Economics Schools in Iowa For Those Making $0-$30k ranking, coming in at #9. Located in Dubuque, Iowa, this small private not-for-profit school awarded 7 diplomas to qualified ’s economics students in 2019-2020.

In addition to being on our iowa economics students whose families make $0-$30k list, Loras has also earned the #7 rank in our “Best Economics Schools in Iowa” ranking. The estimated yearly cost for Loras is $16,154 for Iowa Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.

Full Loras Economics Report

#10

Luther College

Decorah, Iowa

With a ranking of #10, Luther College did quite well on the 2022 Best Value Economics Schools in Iowa For Those Making $0-$30k list. Luther College is a private not-for-profit institution located in Decorah, Iowa. The school has a small population, and it awarded 5 ’s degrees in 2019-2020.

Luther also took the #10 spot in our “Best Economics Schools in Iowa” ranking. It costs about $16,636 for iowa economics students whose families make $0-$30k per year to attend Luther College.

The low student loan default rate of 2.2% 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 Luther College

#11

Drake University

Des Moines, Iowa

Drake University landed the #11 spot on the 2022 Best Value Economics Schools in Iowa For Those Making $0-$30k ranking. Drake University is a small private not-for-profit school situated in Des Moines, Iowa. It awarded 15 ’s economics degrees in 2019-2020.

Drake also took the #3 spot in our “Best Economics Schools in Iowa” ranking. The yearly cost to attend Drake University is $25,212 for iowa 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. With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Drake University

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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