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2022 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Kentucky

8 Ranked Colleges
247 Degrees Awarded
$13,800 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Kentucky For Those Making $30-$48k

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 Bachelor’s in Kentucky For Those Making $30-$48k” 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 Kentucky, there were 297 economics graduates with average earnings and debt of $43,250 and $21,937 respectively. At the bachelor’s degree level specifically, there were 247 economics graduates with average earnings and debt of $35,401 and $24,684 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k” ranking looked at 8 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.

Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. 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 for a Bachelor’s in Kentucky For Those Making $30-$48k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k

The colleges and universities below are the best for kentucky bachelor’s degree economics students whose families make $30-$48k.

Top 8 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Kentucky

#1

Centre College

Danville, Kentucky
#1 in overall quality
$15,379 Average Net Price
$46,556 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Centre College. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k. Located in Danville, Kentucky, this small private not-for-profit school awarded 74 diplomas to qualified bachelors’s economics students in 2019-2020.

In addition to being on our kentucky bachelor’s degree economics students whose families make $30-$48k list, Centre College of Kentucky has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in Kentucky” ranking. The estimated yearly cost for Centre College of Kentucky is $15,379 for kentucky bachelor’s degree economics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. 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. The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Centre College of Kentucky

#2

University of Kentucky

Lexington, Kentucky
#2 in overall quality
$12,872 Average Net Price
$41,725 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Kentucky. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k list. University of Kentucky is a large public school situated in Lexington, Kentucky. It awarded 75 bachelors’s economics degrees in 2019-2020.

UK also made our “Best Economics Bachelor’s Degree Schools in Kentucky” list, coming in at #2. It costs about $12,872 for Kentucky Bachelor’s Degree Economics students whose families make $30-$48k per year to attend University of Kentucky.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read more about Economics at UK

#3

University of Louisville

Louisville, Kentucky
#3 in overall quality
$14,341 Average Net Price

You’ll be in good company if you decide to attend University of Louisville. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k list. This large school is located in Louisville, Kentucky, and it awarded 18 bachelors’s economics degrees in 2019-2020.

UofL did well in our major quality rankings, too. It placed #3 on our “Best Economics Bachelor’s Degree Schools in Kentucky” list. The yearly cost to attend UofL is $14,341 for kentucky bachelor’s degree economics students whose families make $30-$48k.

Full UofL Economics Report

#4

Murray State University

Murray, Kentucky
#8 in overall quality
$9,185 Average Net Price

You’ll join some of the best and brightest minds around if you attend Murray State University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k. Murray, Kentucky is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s economics degrees to 7 students in 2019-2020.

As a testament to the quality of education offered at Murray State, the school also landed the #8 spot in our “Best Economics Bachelor’s Degree Schools in Kentucky” ranking. It costs about $9,185 for Kentucky Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Murray State.

Full Murray State Economics Report

#5

Eastern Kentucky University

Richmond, Kentucky
#6 in overall quality
$11,641 Average Net Price

Out of the 8 schools in the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k that were part of this year’s ranking, Eastern Kentucky University landed the #5 spot on the list. Richmond, Kentucky is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 4 students in 2019-2020.

Eastern not only placed well in this ranking. It is also #6 on our “Best Economics Bachelor’s Degree Schools in Kentucky” list. The yearly cost to attend Eastern Kentucky University is $11,641 for kentucky bachelor’s degree economics students whose families make $30-$48k.

Read full report on Economics at Eastern

#6

Western Kentucky University

Bowling Green, Kentucky
#5 in overall quality
$14,790 Average Net Price
$43,426 Average Early-Career Earnings

Western Kentucky University came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k ranking. WKU is a fairly large school located in Bowling Green, Kentucky that handed out 42 bachelors’s economics degrees in 2019-2020.

WKU did well in our major quality rankings, too. It placed #5 on our “Best Economics Bachelor’s Degree Schools in Kentucky” list. The estimated yearly cost for WKU is $14,790 for Kentucky Bachelor’s Degree Economics students whose families make $30-$48k.

Full WKU Economics Report

#7

Bellarmine University

Louisville, Kentucky
#4 in overall quality
$18,667 Average Net Price
$46,087 Average Early-Career Earnings

Bellarmine University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k ranking, coming in at #7. Louisville, Kentucky is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 10 students in 2019-2020.

Bellarmine U did well in our major quality rankings, too. It placed #4 on our “Best Economics Bachelor’s Degree Schools in Kentucky” list. The yearly cost to attend Bellarmine University is $18,667 for Kentucky Bachelor’s Degree Economics students whose families make $30-$48k.

Read full report on Economics at Bellarmine University

#8

Georgetown College

Georgetown, Kentucky
#7 in overall quality
$13,907 Average Net Price

Georgetown College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Kentucky For Those Making $30-$48k ranking, coming in at #8. This small school is located in Georgetown, Kentucky, and it awarded 1 bachelors’s economics degrees in 2019-2020.

Georgetown College did well in our major quality rankings, too. It placed #7 on our “Best Economics Bachelor’s Degree Schools in Kentucky” list. The yearly cost to attend Georgetown College is $13,907 for kentucky bachelor’s degree economics students whose families make $30-$48k.

Full Georgetown 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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