2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k
Students have lots of options to chooose from today when trying to decide which college to attend. 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 For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. 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.
At the bachelor’s degree level specifically, there were 40,046 economics graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k” ranking looked at 602 colleges that offer degrees in a bachelor’s in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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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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 for a Bachelor’s For Those Making $48-$75k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k
The colleges and universities below are the best for bachelor’s degree economics students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k)
You’ll be in good company if you decide to attend Yale University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k 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 did well in our major quality rankings, too. It placed #4 on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Yale University is $2,167 for bachelor’s degree economics students whose families make $48-$75k.
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 student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #2 for the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k. Harvard is a large school located in Cambridge, Massachusetts that handed out 215 bachelors’s economics degrees in 2019-2020.
In addition to being on our bachelor’s degree economics students whose families make $48-$75k list, Harvard has also earned the #8 rank in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $3,411 for bachelor’s degree economics students whose families make $48-$75k per year to attend Harvard University.
The impressive student-to-faculty ratio of 5 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 1.1%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Williams College. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k. Williams is a small school located in Williamstown, Massachusetts that handed out 108 bachelors’s economics degrees in 2019-2020.
Williams also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #5. It costs about $7,134 for bachelor’s degree economics students whose families make $48-$75k per year to attend Williams.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The student-to-faculty ratio of 6 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 2.3%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k. Durham, North Carolina is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 219 students in 2019-2020.
Duke also took the #2 spot in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $4,150 for Bachelor’s Degree Economics students whose families make $48-$75k per year to attend Duke University.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #5 for the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 423 bachelors’s economics degrees in 2019-2020.
UChicago also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #1. The estimated yearly cost for UChicago is $7,934 for Bachelor’s Degree Economics students whose families make $48-$75k.
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 student loan default rate at the school is 0.6%, 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 100%.
Princeton University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #6. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 126 diplomas to qualified bachelors’s economics students in 2019-2020.
Princeton not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Princeton University is $7,576 for bachelor’s degree economics students whose families make $48-$75k.
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%. 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.
Northwestern University came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 338 students in 2019-2020.
Northwestern also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #9. The estimated yearly cost for Northwestern University is $6,452 for Bachelor’s Degree Economics students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Stanford University ranked #8 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. This fairly large school is located in Stanford, California, and it awarded 90 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Stanford, the school also landed the #14 spot in our “Best Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Stanford is $1,959 for Bachelor’s Degree Economics students whose families make $48-$75k.
The student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Vanderbilt University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #9. Located in Nashville, Tennessee, this fairly large private not-for-profit school awarded 257 degrees to qualified bachelors’s economics students in 2019-2020.
Vanderbilt also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #10. The yearly cost to attend Vanderbilt is $8,086 for bachelor’s degree economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. 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 low student loan default rate of 1.0% 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%.
Rice University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #10. Rice is a medium-sized private not-for-profit school situated in Houston, Texas. It awarded 86 bachelors’s economics degrees in 2019-2020.
Rice not only placed well in this ranking. It is also #18 on our “Best Economics Bachelor’s Degree Schools” list. The yearly cost to attend Rice University is $7,318 for Bachelor’s Degree Economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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. The low student loan default rate of 1.0% 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%.
Amherst College ranked #11 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. Amherst College is a small school located in Amherst, Massachusetts that handed out 74 bachelors’s economics degrees in 2019-2020.
Amherst not only placed well in this ranking. It is also #17 on our “Best Economics Bachelor’s Degree Schools” list. It costs about $8,219 for bachelor’s degree economics students whose families make $48-$75k per year to attend Amherst College.
The low student loan default rate of 3.8% 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%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Cornell University landed the #12 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Ithaca, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 169 students in 2019-2020.
In addition to being on our bachelor’s degree economics students whose families make $48-$75k list, Cornell has also earned the #12 rank in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $11,869 for Bachelor’s Degree Economics students whose families make $48-$75k per year to attend Cornell.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%. 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.
Pomona College came in at #13 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Pomona College is located in Claremont, California and, has a small student population. In 2019-2020, this school awarded 60 bachelors’s economics degrees to qualified students.
Pomona also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #15. The yearly cost to attend Pomona College is $11,811 for Bachelor’s Degree Economics students whose families make $48-$75k.
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. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Washington and Lee University came in at #14 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Washington and Lee University is a small school located in Lexington, Virginia that handed out 56 bachelors’s economics degrees in 2019-2020.
Washington and Lee excels when it comes to economics quality. It’s in the top 10% of all schools in this category. The estimated yearly cost for Washington and Lee is $4,718 for bachelor’s degree economics students whose families make $48-$75k.
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. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Columbia University in the City of New York did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #15. Columbia is a large private not-for-profit school situated in New York, New York. It awarded 338 bachelors’s economics degrees in 2019-2020.
Columbia did well in our major quality rankings, too. It placed #19 on our “Best Economics Bachelor’s Degree Schools” list. It costs about $5,887 for bachelor’s degree economics students whose families make $48-$75k per year to attend Columbia.
The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 6 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 95%, which means students like the school well enough to return for a second year.
Read full report on Economics at Columbia University in the City of New York
Johns Hopkins University landed the #16 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. This large school is located in Baltimore, Maryland, and it awarded 112 bachelors’s economics degrees in 2019-2020.
Johns Hopkins also took the #21 spot in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $9,049 for bachelor’s degree economics students whose families make $48-$75k per year to attend Johns Hopkins University.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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. The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.
University of Pennsylvania ranked #17 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. University of Pennsylvania is a large private not-for-profit school situated in Philadelphia, Pennsylvania. It awarded 225 bachelors’s economics degrees in 2019-2020.
UPenn also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #6. The estimated yearly cost for University of Pennsylvania is $12,752 for Bachelor’s Degree Economics students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.4% 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%.
Washington University in St Louis landed the #18 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. This fairly large school is located in Saint Louis, Missouri, and it awarded 116 bachelors’s economics degrees in 2019-2020.
In addition to being on our bachelor’s degree economics students whose families make $48-$75k list, WUSTL has also earned the #23 rank in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $11,832 for Bachelor’s Degree Economics students whose families make $48-$75k per year to attend WUSTL.
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 1.4%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Dartmouth College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #19. Dartmouth College is a medium-sized private not-for-profit school situated in Hanover, New Hampshire. It awarded 166 bachelors’s economics degrees in 2019-2020.
Dartmouth not only placed well in this ranking. It is also #7 on our “Best Economics Bachelor’s Degree Schools” list. It costs about $9,044 for bachelor’s degree economics students whose families make $48-$75k per year to attend Dartmouth.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The low student loan default rate of 1.0% 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%.
Colby College ranked #20 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. Colby is a small private not-for-profit school situated in Waterville, Maine. It awarded 69 bachelors’s economics degrees in 2019-2020.
Colby also claimed a top spot on our “Best Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. It costs about $5,107 for Bachelor’s Degree Economics students whose families make $48-$75k per year to attend Colby College.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. 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 3.7%, which is quite low when compared to the national default rate of 10.1%.
Brown University came in at #21 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. Brown University is a medium-sized private not-for-profit school situated in Providence, Rhode Island. It awarded 203 bachelors’s economics degrees in 2019-2020.
Brown also took the #16 spot in our “Best Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Brown is $11,689 for bachelor’s degree economics students whose families make $48-$75k.
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%. With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
University of Michigan - Ann Arbor came in at #22 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k ranking. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 586 bachelors’s economics degrees to qualified students.
U-M also claimed a top spot on our “Best Economics Bachelor’s Degree Schools” list. It’s ranked in the top 5% of all schools on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for University of Michigan - Ann Arbor is $10,028 for Bachelor’s Degree Economics students whose families make $48-$75k.
The low student loan default rate of 1.2% 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 school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Read more about Economics at University of Michigan - Ann Arbor
With a ranking of #23, Claremont McKenna College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. Claremont McKenna College is a small school located in Claremont, California that handed out 118 bachelors’s economics degrees in 2019-2020.
Claremont McKenna also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #3. The yearly cost to attend Claremont McKenna is $19,009 for bachelor’s degree economics students whose families make $48-$75k.
The student-to-faculty ratio of 8 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 87%, the school does an excellent job of retaining its students.
With a ranking of #24, Wellesley College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. Wellesley, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 82 students in 2019-2020.
In addition to being on this list, Wellesley is in the top on our “Best Economics Bachelor’s Degree Schools” list. It’s ranked in the top 5% of all schools on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Wellesley is $14,229 for Bachelor’s Degree Economics students whose families make $48-$75k.
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 excellent freshman retention rate of 93%, 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 1.5%, which is much lower than the national rate of 10.1%.
Bates College ranked #25 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k list. Bates College is a small private not-for-profit school situated in Lewiston, Maine. It awarded 71 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education it offers, Bates is also in the top of our “Best Economics Bachelor’s Degree Schools” ranking. It’s ranked in the top 10% of all schools on our “Best Economics Bachelor’s Degree Schools” list. The yearly cost to attend Bates is $14,782 for Bachelor’s Degree Economics students whose families make $48-$75k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Rest of the Best 50 in Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value Economics Schools for a Bachelor’s For Those Making $48-$75k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | Hunter College | New York, NY |
| 52 | University of Minnesota - Twin Cities | Minneapolis, MN |
| 53 | Brigham Young University - Provo | Provo, UT |
| 54 | Haverford College | Haverford, PA |
| 55 | Florida International University | Miami, FL |
| 56 | Florida State University | Tallahassee, FL |
| 57 | St Olaf College | Northfield, MN |
| 58 | The University of Texas at Austin | Austin, TX |
| 59 | California State University - Los Angeles | Los Angeles, CA |
| 59 | Carleton College | Northfield, MN |
| 61 | University of California - Davis | Davis, CA |
| 62 | Brigham Young University - Idaho | Rexburg, ID |
| 63 | Georgia Institute of Technology - Main Campus | Atlanta, GA |
| 64 | Indiana University - Bloomington | Bloomington, IN |
| 65 | University of California - Irvine | Irvine, CA |
| Rank | College | Location |
|---|---|---|
| 91 | University of Wisconsin - La Crosse | La Crosse, WI |
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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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