2022 Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k) in Alabama

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $48-$75k” ranking.

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.

Across Alabama, there were 71 economics graduates with average earnings and debt of $0 and $20,750 respectively. At the bachelor’s degree level specifically, there were 66 economics graduates with average earnings and debt of $37,191 and $26,651 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $48-$75k” 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.

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. Check out our ranking methodology for more information.

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 for a Bachelor’s in Alabama For Those Making $48-$75k” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $48-$75k

The colleges and universities below are the best for alabama bachelor’s degree economics students whose families make $48-$75k.

Top 3 Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k) in Alabama

#1

Troy University

Troy, Alabama

#3 in overall quality

$16,281 Average Net Price

You’ll join some of the best and brightest minds around if you attend Troy University. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $48-$75k. TROY is a fairly large public school situated in Troy, Alabama. It awarded 4 bachelors’s economics degrees in 2019-2020.

TROY also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in Alabama” ranking. It costs about $16,281 for Alabama Bachelor’s Degree Economics students whose families make $48-$75k per year to attend Troy University.

Read more about Economics at Troy University

#2

Auburn University

Auburn, Alabama

#1 in overall quality

$24,079 Average Net Price

$43,798 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Auburn University. The school came in at #2 for the Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $48-$75k. This large school is located in Auburn, Alabama, and it awarded 24 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Auburn, the school also landed the #1 spot in our “Best Economics Bachelor’s Degree Schools in Alabama” ranking. The yearly cost to attend Auburn University is $24,079 for alabama bachelor’s degree economics students whose families make $48-$75k.

The low student loan default rate of 2.9% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.

Read more about Economics at Auburn University

#3

Samford University

Birmingham, Alabama

#2 in overall quality

$26,741 Average Net Price

You’ll join some of the best and brightest minds around if you attend Samford University. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $48-$75k. Samford University is a medium-sized private not-for-profit school situated in Birmingham, Alabama. It awarded 5 bachelors’s economics degrees in 2019-2020.

In addition to being on our alabama bachelor’s degree economics students whose families make $48-$75k list, Samford has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools in Alabama” ranking. The yearly cost to attend Samford University is $26,741 for alabama bachelor’s degree economics students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.6%, 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 87%.

Read full report on Economics at Samford

• Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k) in the Southeast Region
• Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k)

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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