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2022 Best Value Economics Schools in Tennessee For Those Making $30-$48k

8 Ranked Colleges
478 Degrees Awarded
$12,200 Avg Net Price*
Best Value Economics Schools in Tennessee For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Tennessee 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 Tennessee, there were 478 economics graduates with average earnings and debt of $50,633 and $20,232 respectively.

This year’s “Best Value Economics Schools in Tennessee For Those Making $30-$48k” ranking analyzed 8 colleges that offered 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.

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.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools in Tennessee For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Economics Schools in Tennessee For Those Making $30-$48k

The colleges and universities below are the best for tennessee economics students whose families make $30-$48k.

Top 8 Best Value Colleges for Economics (Income $30-$48k) in Tennessee

#1

Vanderbilt University

Nashville, Tennessee

You’ll be in good company if you decide to attend Vanderbilt University. It ranked #1 on our 2022 Best Value Economics Schools in Tennessee For Those Making $30-$48k list. Vanderbilt University is a fairly large school located in Nashville, Tennessee that handed out 289 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Vanderbilt, the school also landed the #1 spot in our “Best Economics Schools in Tennessee” ranking. The estimated yearly cost for Vanderbilt is $6,017 for tennessee economics students whose families make $30-$48k.

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. 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 school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.

Full Vanderbilt Economics Report

#2

Rhodes College

Memphis, Tennessee

You’ll be in good company if you decide to attend Rhodes College. It ranked #2 on our 2022 Best Value Economics Schools in Tennessee For Those Making $30-$48k list. This small school is located in Memphis, Tennessee, and it awarded 25 ’s economics degrees in 2019-2020.

Rhodes College also made our “Best Economics Schools in Tennessee” list, coming in at #2. The estimated yearly cost for Rhodes College is $16,061 for tennessee economics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 87%, 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 2.0%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Economics at Rhodes College

#3

Middle Tennessee State University

Murfreesboro, Tennessee

You’ll join some of the best and brightest minds around if you attend Middle Tennessee State University. The school came in at #3 for the Best Value Economics Schools in Tennessee For Those Making $30-$48k. Middle Tennessee State University is a large school located in Murfreesboro, Tennessee that handed out 19 ’s economics degrees in 2019-2020.

In addition to being on our tennessee economics students whose families make $30-$48k list, Middle Tennessee State University has also earned the #5 rank in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend Middle Tennessee State University is $10,637 for Tennessee Economics students whose families make $30-$48k.

Full Middle Tennessee State University Economics Report

You’ll join some of the best and brightest minds around if you attend The University of Tennessee - Knoxville. The school came in at #4 for the Best Value Economics Schools in Tennessee For Those Making $30-$48k. The University of Tennessee - Knoxville is a large school located in Knoxville, Tennessee that handed out 42 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at UT Knoxville, the school also landed the #4 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $13,745 for tennessee economics students whose families make $30-$48k per year to attend UT Knoxville.

The school has an impressive student loan default rate. It’s only 4.3%, 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 The University of Tennessee - Knoxville

#5

University of Memphis

Memphis, Tennessee

You’ll be in good company if you decide to attend University of Memphis. It ranked #5 on our 2022 Best Value Economics Schools in Tennessee For Those Making $30-$48k list. This large school is located in Memphis, Tennessee, and it awarded 17 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at UofM, the school also landed the #6 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $12,264 for tennessee economics students whose families make $30-$48k per year to attend UofM.

Read full report on Economics at University of Memphis

The University of Tennessee - Chattanooga landed the #6 spot on the 2022 Best Value Economics Schools in Tennessee For Those Making $30-$48k ranking. UT Chattanooga is a public institution located in Chattanooga, Tennessee. The school has a fairly large population, and it awarded 4 ’s degrees in 2019-2020.

UT Chattanooga also took the #7 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $10,515 for tennessee economics students whose families make $30-$48k per year to attend The University of Tennessee - Chattanooga.

Read full report on Economics at The University of Tennessee - Chattanooga

#7

East Tennessee State University

Johnson City, Tennessee

East Tennessee State University did quite well in the 2022 Best Value Economics Schools in Tennessee For Those Making $30-$48k ranking, coming in at #7. East Tennessee State University is a fairly large school located in Johnson City, Tennessee that handed out 8 ’s economics degrees in 2019-2020.

ETSU not only placed well in this ranking. It is also #8 on our “Best Economics Schools in Tennessee” list. The estimated yearly cost for ETSU is $12,703 for tennessee economics students whose families make $30-$48k.

Read full report on Economics at East Tennessee State University

Sewanee - The University of the South ranked #8 on this year’s Best Value Economics Schools in Tennessee For Those Making $30-$48k list. Located in Sewanee, Tennessee, this small private not-for-profit school awarded 62 degrees to qualified ’s economics students in 2019-2020.

As a testament to the quality of education offered at Sewanee, the school also landed the #3 spot in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend Sewanee is $15,686 for tennessee 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 3.2%, 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.

Full Sewanee - The University of the South 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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