2022 Best Value Economics Schools in Alabama For Those Making $48-$75k
When pursuing a degree in today’s world, students have many different options to choose from. 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 Alabama For Those Making $48-$75k” ranking - to help you make that decision.
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.
This year’s “Best Value Economics Schools in Alabama For Those Making $48-$75k” ranking looked at 3 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.
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.
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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 Alabama For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Economics Schools in Alabama For Those Making $48-$75k
The following schools top our list of the Best Best Value Economics Schools in Alabama For Those Making $48-$75k.
Top 3 Best Value Colleges for Economics (Income $48-$75k) in Alabama
You’ll be in good company if you decide to attend Troy University. It ranked #1 on our 2022 Best Value Economics Schools in Alabama For Those Making $48-$75k list. Troy University is a fairly large school located in Troy, Alabama that handed out 4 ’s economics degrees in 2019-2020.
As a testament to the quality of education offered at TROY, the school also landed the #3 spot in our “Best Economics Schools in Alabama” ranking. It costs about $16,281 for alabama economics students whose families make $48-$75k per year to attend Troy University.
You’ll be in good company if you decide to attend Auburn University. It ranked #2 on our 2022 Best Value Economics Schools in Alabama For Those Making $48-$75k list. This large school is located in Auburn, Alabama, and it awarded 24 ’s economics degrees in 2019-2020.
Auburn did well in our major quality rankings, too. It placed #1 on our “Best Economics Schools in Alabama” list. It costs about $24,079 for Alabama Economics students whose families make $48-$75k per year to attend Auburn.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend Samford University. It ranked #3 on our 2022 Best Value Economics Schools in Alabama For Those Making $48-$75k list. Samford University is a medium-sized private not-for-profit school situated in Birmingham, Alabama. It awarded 5 ’s economics degrees in 2019-2020.
Samford did well in our major quality rankings, too. It placed #2 on our “Best Economics Schools in Alabama” list. The yearly cost to attend Samford University is $26,741 for alabama economics students whose families make $48-$75k.
The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
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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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