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2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k

10 Ranked Colleges
594 Degrees Awarded
$45,000 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Massachusetts 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. College Factual has developed its “Best Value Economics Schools for a Master’s in Massachusetts 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 Massachusetts, there were 3,354 economics graduates with average earnings and debt of $55,242 and $22,416 respectively. At the master’s degree level specifically, there were 594 economics graduates with average earnings and debt of $60,240 and $41,137 respectively.

For this year’s “Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k” ranking, we looked at 10 colleges that offer 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.

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The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k”.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 Master’s in Massachusetts For Those Making $30-$48k

The following schools top our list of the Best Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k.

Top 10 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in Massachusetts

#1

Harvard University

Cambridge, Massachusetts
#1 in overall quality
$50,654 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Harvard University. It ranked #1 on our 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k list. Harvard University is located in Cambridge, Massachusetts and, has a large student population. In 2019-2020, this school awarded 94 masters’s economics degrees to qualified students.

As a testament to the quality of education offered at Harvard, the school also landed the #1 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Harvard are $50,654, but some majors have different tuition rates.

Read full report on Economics at Harvard

#2

Williams College

Williamstown, Massachusetts
#2 in overall quality
$59,350 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Williams College. The school came in at #2 for the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k. This small school is located in Williamstown, Massachusetts, and it awarded 27 masters’s economics degrees in 2019-2020.

Williams did well in our major quality rankings, too. It placed #2 on our “Best Economics Master’s Degree Schools in Massachusetts” list. Average graduate tuition and fees at Williams are $59,350, but you may pay more or less depending on your major.

Read full report on Economics at Williams

#3

Boston College

Chestnut Hill, Massachusetts
#3 in overall quality
$31,930 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Boston College. The school came in at #3 for the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k. This fairly large school is located in Chestnut Hill, Massachusetts, and it awarded 45 masters’s economics degrees in 2019-2020.

Boston College also took the #3 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Boston College are $31,930, but some majors have different tuition rates.

Full Boston College Economics Report

#4

Tufts University

Medford, Massachusetts
#5 in overall quality
$55,168 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Tufts University. It ranked #4 on our 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k list. Medford, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 25 students in 2019-2020.

Tufts also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #5. Average graduate tuition and fees at Tufts University are $55,168, but you may pay more or less depending on your major.

Read full report on Economics at Tufts University

#5

Northeastern University

Boston, Massachusetts
#6 in overall quality
$25,558 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northeastern University. It ranked #5 on our 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k list. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 37 masters’s economics degrees to qualified students.

Northeastern also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #6. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northeastern University are $25,558.

Read full report on Economics at Northeastern University

#6

Boston University

Boston, Massachusetts
#4 in overall quality
$57,666 Avg Grad Tuition & Fees
$50,856 Average Early-Career Earnings

Boston University landed the #6 spot on the 2022 Best Value Economics Schools for a Master’s in Massachusetts 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 masters’s economics degrees to 160 students in 2019-2020.

In addition to being on our massachusetts master’s degree economics students whose families make $30-$48k list, Boston U has also earned the #4 rank in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Boston U are $57,666.

Read more about Economics at Boston University

#7

University of Massachusetts Amherst

Amherst, Massachusetts
#8 in overall quality
$32,341 Avg Grad Tuition & Fees

University of Massachusetts Amherst landed the #7 spot on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k ranking. Located in Amherst, Massachusetts, this large public school awarded 29 degrees to qualified masters’s economics students in 2019-2020.

UMass Amherst also took the #8 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at UMass Amherst are $32,341, but you may pay more or less depending on your major.

Full University of Massachusetts Amherst Economics Report

#8

Brandeis University

Waltham, Massachusetts
#7 in overall quality
$52,060 Avg Grad Tuition & Fees
$54,948 Average Early-Career Earnings

Brandeis University landed the #8 spot on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k ranking. Brandeis is a private not-for-profit institution located in Waltham, Massachusetts. The school has a medium-sized population, and it awarded 166 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Brandeis, the school also landed the #7 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Brandeis are $52,060.

Full Brandeis Economics Report

#9

University of Massachusetts - Boston

Boston, Massachusetts
$36,485 Avg Grad Tuition & Fees

University of Massachusetts - Boston came in at #9 in this year’s edition of the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k ranking. UMass Boston is a fairly large public school situated in Boston, Massachusetts. It awarded 4 masters’s economics degrees in 2019-2020.

In addition to being on our massachusetts master’s degree economics students whose families make $30-$48k list, UMass Boston has also earned the #0 rank in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at University of Massachusetts - Boston are $36,485, but you may pay more or less depending on your major.

Read more about Economics at University of Massachusetts - Boston

#10

Clark University

Worcester, Massachusetts
#9 in overall quality
$47,730 Avg Grad Tuition & Fees

Clark University did quite well in the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $30-$48k ranking, coming in at #10. Clark University is a small school located in Worcester, Massachusetts that handed out 6 masters’s economics degrees in 2019-2020.

Clark not only placed well in this ranking. It is also #9 on our “Best Economics Master’s Degree Schools in Massachusetts” list. Average graduate tuition and fees at Clark University are $47,730, but you may pay more or less depending on your major.

Full Clark University 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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