2022 Best Value Colleges for Economics (Income $30-$48k) in Alabama
When pursuing a degree in today’s world, students have many different options to choose from. 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 Alabama For Those Making $30-$48k” ranking is part of that endeavor.
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 Alabama, there were 71 economics graduates with average earnings and debt of $0 and $20,750 respectively.
This year’s “Best Value Economics Schools in Alabama For Those Making $30-$48k” ranking looked at 3 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools in Alabama For Those Making $30-$48k” list to help you make the college decision.
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Best Value Economics Schools in Alabama For Those Making $30-$48k
The following schools top our list of the Best Best Value Economics Schools in Alabama For Those Making $30-$48k.
Top 3 Best Value Colleges for Economics (Income $30-$48k) in Alabama
You’ll join some of the best and brightest minds around if you attend Auburn University. The school came in at #1 for the Best Value Economics Schools in Alabama For Those Making $30-$48k. This large school is located in Auburn, Alabama, and it awarded 24 ’s economics degrees in 2019-2020.
In addition to being on our alabama economics students whose families make $30-$48k list, Auburn has also earned the #1 rank in our “Best Economics Schools in Alabama” ranking. The yearly cost to attend Auburn is $20,326 for Alabama Economics students whose families make $30-$48k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. 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%.
You’ll be in good company if you decide to attend Troy University. It ranked #2 on our 2022 Best Value Economics Schools in Alabama For Those Making $30-$48k list. TROY is located in Troy, Alabama and, has a fairly large student population. In 2019-2020, this school awarded 4 ’s economics degrees to qualified students.
In addition to being on our alabama economics students whose families make $30-$48k list, TROY has also earned the #3 rank in our “Best Economics Schools in Alabama” ranking. It costs about $16,457 for alabama economics students whose families make $30-$48k per year to attend Troy University.
Out of the 3 schools in the Best Value Economics Schools in Alabama For Those Making $30-$48k that were part of this year’s ranking, Samford University landed the #3 spot on the list. Samford University is a private not-for-profit institution located in Birmingham, Alabama. The school has a medium-sized population, and it awarded 5 ’s degrees in 2019-2020.
Samford did well in our major quality rankings, too. It placed #2 on our “Best Economics Schools in Alabama” list. The estimated yearly cost for Samford is $22,866 for alabama economics students whose families make $30-$48k.
The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
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- Best Value Colleges for Economics (Income $30-$48k)
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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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