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

6 Ranked Colleges
47 Degrees Awarded
$36,400 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k” 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 Pennsylvania, there were 1,802 economics graduates with average earnings and debt of $48,304 and $24,346 respectively. At the doctor’s degree level specifically, there were 47 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k” ranking analyzed 6 colleges that offered a degree 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. See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k” list, to help you choose the best school for you.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k

The following schools top our list of the Best Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k.

Top 6 Best Value Doctor’s Degree Colleges for Economics (Income $48-$75k) in Pennsylvania

#1

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality

You’ll be in good company if you decide to attend University of Pennsylvania. It ranked #1 on our 2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k list. Located in Philadelphia, Pennsylvania, this large private not-for-profit school handed out 17 diplomas to qualified doctorate’s economics students in 2019-2020.

UPenn also made our “Best Economics Doctor’s Degree Schools in Pennsylvania” list, coming in at #1. Average graduate tuition and fees at University of Pennsylvania are $41,760, but you may pay more or less depending on your major.

Read full report on Economics at University of Pennsylvania

#2

Lehigh University

Bethlehem, Pennsylvania
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Lehigh University. The school came in at #2 for the Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k. This medium-sized school is located in Bethlehem, Pennsylvania, and it awarded 6 doctorate’s economics degrees in 2019-2020.

Lehigh did well in our major quality rankings, too. It placed #3 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Lehigh are $27,130.

Full Lehigh Economics Report

#3

Carnegie Mellon University

Pittsburgh, Pennsylvania
#2 in overall quality

Out of the 6 schools in the Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k that were part of this year’s ranking, Carnegie Mellon University landed the #3 spot on the list. Carnegie Mellon is a fairly large school located in Pittsburgh, Pennsylvania that handed out 9 doctorate’s economics degrees in 2019-2020.

Carnegie Mellon not only placed well in this ranking. It is also #2 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at Carnegie Mellon University are $47,326, but you may pay more or less depending on your major.

Full Carnegie Mellon University Economics Report

#5 in overall quality

You’ll be in good company if you decide to attend University of Pittsburgh - Pittsburgh Campus. It ranked #4 on our 2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k list. Pittsburgh, Pennsylvania is the setting for this large institution of higher learning. The public school handed out doctorate’s economics degrees to 7 students in 2019-2020.

Pitt did well in our major quality rankings, too. It placed #5 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at Pitt are $40,836, but some majors have different tuition rates.

Read more about Economics at Pitt

#5

Temple University

Philadelphia, Pennsylvania
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Temple University. The school came in at #5 for the Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k. Located in Philadelphia, Pennsylvania, this large public school handed out 4 degrees to qualified doctorate’s economics students in 2019-2020.

Temple also took the #7 spot in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Temple University are $24,236, but you may pay more or less depending on your major.

Read full report on Economics at Temple

#6

Drexel University

Philadelphia, Pennsylvania
#6 in overall quality

Drexel University landed the #6 spot on the 2022 Best Value Economics Schools for a Doctorate in Pennsylvania For Those Making $48-$75k ranking. Drexel is a private not-for-profit institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 4 doctorate’s degrees in 2019-2020.

Drexel not only placed well in this ranking. It is also #6 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at Drexel are $37,074, but some majors have different tuition rates.

Read full report on Economics at Drexel University

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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