2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 for a Bachelor’s in the New England Region For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
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 the New England region, there were 5,786 economics graduates with average earnings and debt of $55,849 and $22,623 respectively. At the bachelor’s degree level specifically, there were 4,866 economics graduates with average earnings and debt of $41,041 and $24,492 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k” ranking analyzed 62 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 Bachelor’s in the New England Region For Those Making $30-$48k” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k
The colleges and universities below are the best for new england region bachelor’s degree economics students whose families make $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in the New England Region
You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k. This large school is located in Cambridge, Massachusetts, and it awarded 215 bachelors’s economics degrees in 2019-2020.
Harvard not only placed well in this ranking. It is also #4 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The yearly cost to attend Harvard is $1,010 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Yale University. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Yale University is a fairly large school located in New Haven, Connecticut that handed out 198 bachelors’s economics degrees in 2019-2020.
Yale also took the #1 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend Yale is $1,647 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.9% 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%.
Out of the 62 schools in the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k that were part of this year’s ranking, Williams College landed the #3 spot on the list. Located in Williamstown, Massachusetts, this small private not-for-profit school handed out 108 diplomas to qualified bachelors’s economics students in 2019-2020.
Williams also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #2. The estimated yearly cost for Williams College is $2,223 for new england region bachelor’s degree economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
You’ll join some of the best and brightest minds around if you attend Brown University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k. Brown University is located in Providence, Rhode Island and, has a medium-sized student population. In 2019-2020, this school awarded 203 bachelors’s economics degrees to qualified students.
Brown not only placed well in this ranking. It is also #5 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. It costs about $6,684 for new england region bachelor’s degree economics students whose families make $30-$48k per year to attend Brown University.
The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll be in good company if you decide to attend Amherst College. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Amherst is a private not-for-profit institution located in Amherst, Massachusetts. The school has a small population, and it awarded 74 bachelors’s degrees in 2019-2020.
Amherst not only placed well in this ranking. It is also #6 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for Amherst College is $4,423 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
The student-to-faculty ratio of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Colby College came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. This small school is located in Waterville, Maine, and it awarded 69 bachelors’s economics degrees in 2019-2020.
Colby not only placed well in this ranking. It is also #14 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The yearly cost to attend Colby College is $3,467 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
With a ranking of #7, Dartmouth College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Dartmouth College is located in Hanover, New Hampshire and, has a medium-sized student population. In 2019-2020, this school awarded 166 bachelors’s economics degrees to qualified students.
Dartmouth also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend Dartmouth College is $4,830 for new england region bachelor’s degree economics students whose families make $30-$48k.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
With a ranking of #8, Bates College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. This small school is located in Lewiston, Maine, and it awarded 71 bachelors’s economics degrees in 2019-2020.
Bates not only placed well in this ranking. It is also #12 on our “Best Economics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for Bates College is $9,039 for new england region bachelor’s degree economics students whose families make $30-$48k.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
With a ranking of #9, Boston College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Boston College is located in Chestnut Hill, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 316 bachelors’s economics degrees to qualified students.
As a testament to the quality of education offered at Boston College, the school also landed the #9 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Boston College is $8,951 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
Middlebury College came in at #10 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. This small school is located in Middlebury, Vermont, and it awarded 129 bachelors’s economics degrees in 2019-2020.
In addition to being on our new england region bachelor’s degree economics students whose families make $30-$48k list, Middlebury has also earned the #7 rank in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend Middlebury is $8,616 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default 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. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Tufts University landed the #11 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. Tufts University is a private not-for-profit institution located in Medford, Massachusetts. The school has a fairly large population, and it awarded 172 bachelors’s degrees in 2019-2020.
Tufts also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #8. It costs about $6,516 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Tufts.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
Wellesley College came in at #12 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. Wellesley College is located in Wellesley, Massachusetts and, has a small student population. In 2019-2020, this school awarded 82 bachelors’s economics degrees to qualified students.
Wellesley also took the #10 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Wellesley College is $4,519 for new england region bachelor’s degree economics students whose families make $30-$48k.
The impressive student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.
Bowdoin College landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. Bowdoin College is located in Brunswick, Maine and, has a small student population. In 2019-2020, this school awarded 63 bachelors’s economics degrees to qualified students.
Bowdoin also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #11. It costs about $12,603 for new england region bachelor’s degree economics students whose families make $30-$48k per year to attend Bowdoin.
The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Northeastern University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking, coming in at #14. Northeastern University is a large school located in Boston, Massachusetts that handed out 159 bachelors’s economics degrees in 2019-2020.
Northeastern also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #17. The estimated yearly cost for Northeastern University is $12,823 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Trinity College ranked #15 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Trinity Bantams is a small private not-for-profit school situated in Hartford, Connecticut. It awarded 88 bachelors’s economics degrees in 2019-2020.
Trinity Bantams also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #15. The estimated yearly cost for Trinity Bantams is $9,123 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. 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%.
Boston University came in at #16 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 300 students in 2019-2020.
As a testament to the quality of education offered at Boston U, the school also landed the #18 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. It costs about $13,256 for new england region bachelor’s degree economics students whose families make $30-$48k per year to attend Boston University.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 1.4%, 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 92%.
Smith College ranked #17 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Located in Northampton, Massachusetts, this small private not-for-profit school awarded 46 diplomas to qualified bachelors’s economics students in 2019-2020.
It costs about $10,169 for new england region bachelor’s degree economics students whose families make $30-$48k per year to attend Smith College.
With a student-to-faculty ratio of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.
Connecticut College ranked #18 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Connecticut College is a small school located in New London, Connecticut that handed out 83 bachelors’s economics degrees in 2019-2020.
Conn College also made our “Best Economics Bachelor’s Degree Schools in the New England Region” list, coming in at #19. The estimated yearly cost for Connecticut College is $13,877 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 1.1% 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%. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
With a ranking of #19, University of Massachusetts Amherst did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. UMass Amherst is a public institution located in Amherst, Massachusetts. The school has a large population, and it awarded 310 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UMass Amherst, the school also landed the #22 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend University of Massachusetts Amherst is $14,474 for new england region bachelor’s degree economics students whose families make $30-$48k.
With a freshman retention rate of 89%, the school does an excellent job of retaining its students. 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%.
College of the Holy Cross landed the #20 spot on the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. Worcester, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 112 students in 2019-2020.
Holy Cross also took the #13 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend College of the Holy Cross is $19,031 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 0.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Mount Holyoke College ranked #21 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. Mt. Holyoke is a small school located in South Hadley, Massachusetts that handed out 40 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Mt. Holyoke, the school also landed the #21 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. The estimated yearly cost for Mt. Holyoke is $17,192 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Connecticut came in at #22 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking. University of Connecticut is a large public school situated in Storrs, Connecticut. It awarded 454 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at UCONN, the school also landed the #20 spot in our “Best Economics Bachelor’s Degree Schools in the New England Region” ranking. It costs about $14,157 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k per year to attend University of Connecticut.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
Rhode Island College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k ranking, coming in at #23. Providence, Rhode Island is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s economics degrees to 5 students in 2019-2020.
It costs about $8,961 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Rhode Island College.
University of Southern Maine ranked #24 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. University of Southern Maine is a medium-sized school located in Portland, Maine that handed out 19 bachelors’s economics degrees in 2019-2020.
It costs about $9,295 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k per year to attend University of Southern Maine.
Read full report on Economics at University of Southern Maine
University of Vermont ranked #25 on this year’s Best Value Economics Schools for a Bachelor’s in the New England Region For Those Making $30-$48k list. UVM is located in Burlington, Vermont and, has a fairly large student population. In 2019-2020, this school awarded 77 bachelors’s economics degrees to qualified students.
It costs about $12,715 for New England Region Bachelor’s Degree Economics students whose families make $30-$48k per year to attend UVM.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
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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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