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2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k

7 Ranked Colleges
69 Degrees Awarded
$33,100 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Pennsylvania For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Economics Schools for a Master’s 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 master’s degree level specifically, there were 69 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k” ranking analyzed 7 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.

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.

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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 Master’s in Pennsylvania For Those Making $48-$75k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 Master’s in Pennsylvania For Those Making $48-$75k

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

Top 7 Best Value Master’s Degree Colleges for Economics (Income $48-$75k) in Pennsylvania

#1

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality
$41,760 Avg Grad Tuition & Fees

Out of the 7 schools in the Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k that were part of this year’s ranking, University of Pennsylvania landed the #1 spot on the list. University of Pennsylvania is a private not-for-profit institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 18 masters’s degrees in 2019-2020.

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

Full UPenn Economics Report

#2

Lehigh University

Bethlehem, Pennsylvania
#2 in overall quality
$27,130 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Lehigh University. It ranked #2 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k list. Lehigh is located in Bethlehem, Pennsylvania and, has a medium-sized student population. In 2019-2020, this school awarded 10 masters’s economics degrees to qualified students.

Lehigh also took the #2 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Lehigh University are $27,130, but you may pay more or less depending on your major.

Read more about Economics at Lehigh University

#3

Carnegie Mellon University

Pittsburgh, Pennsylvania
$47,326 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Carnegie Mellon University. It ranked #3 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k list. Carnegie Mellon University is a private not-for-profit institution located in Pittsburgh, Pennsylvania. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students whose families make $48-$75k list, Carnegie Mellon has also earned the #0 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Carnegie Mellon University are $47,326.

Read more about Economics at Carnegie Mellon University

#4

University of Pittsburgh - Pittsburgh Campus

Pittsburgh, Pennsylvania
#5 in overall quality
$40,836 Avg Grad Tuition & Fees

Out of the 7 schools in the Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k that were part of this year’s ranking, University of Pittsburgh - Pittsburgh Campus landed the #4 spot on the list. This large school is located in Pittsburgh, Pennsylvania, and it awarded 8 masters’s economics degrees in 2019-2020.

Pitt also took the #5 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Pitt are $40,836, but some majors have different tuition rates.

Full University of Pittsburgh - Pittsburgh Campus Economics Report

#5

Temple University

Philadelphia, Pennsylvania
#6 in overall quality
$24,236 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Temple University. It ranked #5 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k list. Temple is a large school located in Philadelphia, Pennsylvania that handed out 6 masters’s economics degrees in 2019-2020.

Temple did well in our major quality rankings, too. It placed #6 on our “Best Economics Master’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 Temple are $24,236.

Read more about Economics at Temple

#6

Eastern University

Saint Davids, Pennsylvania
#7 in overall quality
$13,610 Avg Grad Tuition & Fees

Eastern University came in at #6 in this year’s edition of the Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k ranking. This small school is located in Saint Davids, Pennsylvania, and it awarded 10 masters’s economics degrees in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students whose families make $48-$75k list, EU has also earned the #7 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at EU are $13,610, but some majors have different tuition rates.

Full EU Economics Report

#7

Drexel University

Philadelphia, Pennsylvania
#4 in overall quality
$37,074 Avg Grad Tuition & Fees

Drexel University landed the #7 spot on the 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $48-$75k ranking. Drexel University is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 14 masters’s economics degrees to qualified students.

Drexel also made our “Best Economics Master’s Degree Schools in Pennsylvania” list, coming in at #4. Average graduate tuition and fees at Drexel are $37,074, but you may pay more or less depending on your major.

Full Drexel 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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