2023 Best Value Colleges for Economics (Income $48-$75k) in Maine
5
Ranked Colleges
256
Degrees Awarded
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools in Maine For Those Making $48-$75k” ranking - to help you make that decision.
Economics is the 19th most popular major in the country with 49,055 degrees awarded in 2020-2021. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.
Across Maine, there were 256 economics graduates with average earnings and debt of $51,700 and $19,063 respectively.
This year’s “Best Value Economics Schools in Maine For Those Making $48-$75k” ranking looked at 5 colleges that offer degrees in a bachelor’s 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.
More Ways to Rank Economics Schools
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 Maine For Those Making $48-$75k” 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 Maine For Those Making $48-$75k
The following schools top our list of the Best Best Value Economics Schools in Maine For Those Making $48-$75k.
Top 5 Best Value Colleges for Economics (Income $48-$75k) in Maine
You’ll join some of the best and brightest minds around if you attend Colby College. The school came in at #1 for the Best Value Economics Schools in Maine For Those Making $48-$75k. This small school is located in Waterville, Maine, and it awarded 74 ’s economics degrees in 2020-2021.
As a testament to the quality of education offered at Colby, the school also landed the #3 spot in our “Best Economics Schools in Maine” ranking. The estimated yearly cost for Colby College is $5,536 for maine economics students whose families make $48-$75k.
The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low undergrad student loan default rate of 2.0% 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.
Full Colby College Economics Report
You’ll be in good company if you decide to attend Bowdoin College. It ranked #2 on our 2023 Best Value Economics Schools in Maine For Those Making $48-$75k list. This small school is located in Brunswick, Maine, and it awarded 72 ’s economics degrees in 2020-2021.
Bowdoin did well in our major quality rankings, too. It placed #1 on our “Best Economics Schools in Maine” list. The yearly cost to attend Bowdoin College is $14,896 for maine economics students whose families make $48-$75k.
The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Full Bowdoin Economics Report
You’ll be in good company if you decide to attend Bates College. It ranked #3 on our 2023 Best Value Economics Schools in Maine For Those Making $48-$75k list. Bates College is a private not-for-profit institution located in Lewiston, Maine. The school has a small population, and it awarded 54 ’s degrees in 2020-2021.
In addition to being on our maine economics students whose families make $48-$75k list, Bates has also earned the #2 rank in our “Best Economics Schools in Maine” ranking. It costs about $9,845 for maine economics students whose families make $48-$75k per year to attend Bates College.
The impressive undergraduate student-to-faculty ratio of 10 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 90%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.
Full Bates College Economics Report
Out of the 5 schools in the Best Value Economics Schools in Maine For Those Making $48-$75k that were part of this year’s ranking, University of Southern Maine landed the #4 spot on the list. University of Southern Maine is a medium-sized public school situated in Portland, Maine. It awarded 19 ’s economics degrees in 2020-2021.
University of Southern Maine also took the #5 spot in our “Best Economics Schools in Maine” ranking. The yearly cost to attend University of Southern Maine is $12,238 for maine economics students whose families make $48-$75k.
The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.
Full University of Southern Maine Economics Report
You’ll be in good company if you decide to attend University of Maine. It ranked #5 on our 2023 Best Value Economics Schools in Maine For Those Making $48-$75k list. Orono, Maine is the setting for this fairly large institution of higher learning. The public school handed out ’s economics degrees to 37 students in 2020-2021.
UMaine also made our “Best Economics Schools in Maine” list, coming in at #4. The estimated yearly cost for UMaine is $14,886 for Maine Economics students whose families make $48-$75k.
The low undergrad student loan default rate of 4.0% 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%.
Read full report on Economics at UMaine
