2022 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k)
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k” ranking is part of that endeavor.
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.
At the bachelor’s degree level specifically, there were 40,046 economics graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k” ranking analyzed 602 colleges that offered a degree 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.
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. For more information, check out our ranking methodology.
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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 for a Bachelor’s For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that 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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k)
You’ll be in good company if you decide to attend Yale University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. Yale University is located in New Haven, Connecticut and, has a fairly large student population. In 2019-2020, this school awarded 198 bachelors’s economics degrees to qualified students.
Yale not only placed well in this ranking. It is also #4 on our “Best Economics Bachelor’s Degree Schools” list. The yearly cost to attend Yale is $11,492 for bachelor’s degree economics students whose families make $75-$110k.
The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll be in good company if you decide to attend Williams College. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. Williams is a private not-for-profit institution located in Williamstown, Massachusetts. The school has a small population, and it awarded 108 bachelors’s degrees in 2019-2020.
Williams also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #5. It costs about $14,653 for Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Williams.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.3% 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%.
Out of the 602 schools in the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k that were part of this year’s ranking, Stanford University landed the #3 spot on the list. Stanford University is located in Stanford, California and, has a fairly large student population. In 2019-2020, this school awarded 90 bachelors’s economics degrees to qualified students.
Stanford not only placed well in this ranking. It is also #14 on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Stanford University is $10,631 for bachelor’s degree economics students whose families make $75-$110k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low student loan default rate of 0.5% 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%.
You’ll join some of the best and brightest minds around if you attend Dartmouth College. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k. Dartmouth is located in Hanover, New Hampshire and, has a medium-sized student population. In 2019-2020, this school awarded 166 bachelors’s economics degrees to qualified students.
Dartmouth also took the #7 spot in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $14,238 for Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Dartmouth.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 1.0% 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%.
Out of the 602 schools in the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k that were part of this year’s ranking, Vanderbilt University landed the #5 spot on the list. Vanderbilt University is located in Nashville, Tennessee and, has a fairly large student population. In 2019-2020, this school awarded 257 bachelors’s economics degrees to qualified students.
Vanderbilt not only placed well in this ranking. It is also #10 on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Vanderbilt is $14,890 for bachelor’s degree economics students whose families make $75-$110k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 1.0%, 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 96%.
Northwestern University came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 338 bachelors’s economics degrees in 2019-2020.
In addition to being on our bachelor’s degree economics students whose families make $75-$110k list, Northwestern has also earned the #9 rank in our “Best Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Northwestern University is $16,784 for bachelor’s degree economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Duke University came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Duke University is located in Durham, North Carolina and, has a fairly large student population. In 2019-2020, this school awarded 219 bachelors’s economics degrees to qualified students.
In addition to being on our bachelor’s degree economics students whose families make $75-$110k list, Duke has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $18,375 for Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Duke.
The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
With a ranking of #8, University of Chicago did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 423 bachelors’s economics degrees to qualified students.
UChicago also took the #1 spot in our “Best Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for UChicago is $17,929 for bachelor’s degree economics students whose families make $75-$110k.
The low student loan default rate of 0.6% 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 student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 100%, the school does an excellent job of retaining its students.
Washington and Lee University landed the #9 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Washington and Lee is located in Lexington, Virginia and, has a small student population. In 2019-2020, this school awarded 56 bachelors’s economics degrees to qualified students.
Washington and Lee also claimed a top spot on our “Best Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The yearly cost to attend Washington and Lee is $13,920 for bachelor’s degree economics students whose families make $75-$110k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at Washington and Lee University
Colby College came in at #10 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Colby is a small school located in Waterville, Maine that handed out 69 bachelors’s economics degrees in 2019-2020.
In addition to being on this list, Colby is in the top on our “Best Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for Colby is $13,413 for bachelor’s degree economics students whose families make $75-$110k.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Princeton University landed the #11 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Princeton is located in Princeton, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 126 bachelors’s economics degrees to qualified students.
Princeton did well in our major quality rankings, too. It placed #11 on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Princeton University is $16,989 for Bachelor’s Degree Economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Columbia University in the City of New York came in at #12 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Located in New York, New York, this large private not-for-profit school awarded 338 diplomas to qualified bachelors’s economics students in 2019-2020.
In addition to being on our bachelor’s degree economics students whose families make $75-$110k list, Columbia has also earned the #19 rank in our “Best Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend Columbia is $18,637 for Bachelor’s Degree Economics students whose families make $75-$110k.
The low student loan default rate of 2.1% 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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
With a ranking of #13, University of Notre Dame did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 243 bachelors’s economics degrees in 2019-2020.
Notre Dame also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #13. The estimated yearly cost for University of Notre Dame is $24,392 for bachelor’s degree economics students whose families make $75-$110k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The 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 student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Harvard University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #13. Located in Cambridge, Massachusetts, this large private not-for-profit school handed out 215 degrees to qualified bachelors’s economics students in 2019-2020.
Harvard also took the #8 spot in our “Best Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Harvard is $15,553 for bachelor’s degree economics students whose families make $75-$110k.
The low student loan default rate of 1.1% 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 student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
University of Florida landed the #15 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Gainesville, Florida is the setting for this large institution of higher learning. The public school handed out bachelors’s economics degrees to 319 students in 2019-2020.
As a testament to the quality of education it offers, UF is also in the top of our “Best Economics Bachelor’s Degree Schools” ranking. It’s in the top 15% of all schools in this category. It costs about $12,685 for bachelor’s degree economics students whose families make $75-$110k per year to attend UF.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.
With a ranking of #16, Pomona College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. This small school is located in Claremont, California, and it awarded 60 bachelors’s economics degrees in 2019-2020.
Pomona also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #15. It costs about $16,877 for Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Pomona.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
With a ranking of #17, University of Pennsylvania did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. University of Pennsylvania is a large private not-for-profit school situated in Philadelphia, Pennsylvania. It awarded 225 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at UPenn, the school also landed the #6 spot in our “Best Economics Bachelor’s Degree Schools” ranking. It costs about $20,632 for Bachelor’s Degree Economics students whose families make $75-$110k per year to attend University of Pennsylvania.
The school has an impressive student loan default rate. It’s only 1.4%, 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 95%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
University of Michigan - Ann Arbor did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #18. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 586 bachelors’s economics degrees to qualified students.
U-M also claimed a top spot on our “Best Economics Bachelor’s Degree Schools” list. It’s ranked in the top 5% of all schools on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for University of Michigan - Ann Arbor is $18,039 for Bachelor’s Degree Economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Johns Hopkins University ranked #19 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 112 bachelors’s degrees in 2019-2020.
Johns Hopkins did well in our major quality rankings, too. It placed #21 on our “Best Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Johns Hopkins University is $19,177 for bachelor’s degree economics students whose families make $75-$110k.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The low student loan default rate of 1.3% 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 ranking of #20, Cornell University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. Cornell University is located in Ithaca, New York and, has a large student population. In 2019-2020, this school awarded 169 bachelors’s economics degrees to qualified students.
Cornell also took the #12 spot in our “Best Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Cornell is $23,128 for Bachelor’s Degree Economics students whose families make $75-$110k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Baruch College came in at #21 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Baruch College is a fairly large public school situated in New York, New York. It awarded 70 bachelors’s economics degrees in 2019-2020.
The yearly cost to attend Baruch College is $11,501 for Bachelor’s Degree Economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Rice University came in at #22 in this year’s edition of the Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. Rice is a medium-sized private not-for-profit school situated in Houston, Texas. It awarded 86 bachelors’s economics degrees in 2019-2020.
Rice also made our “Best Economics Bachelor’s Degree Schools” list, coming in at #18. The yearly cost to attend Rice University is $24,321 for bachelor’s degree economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Queens College ranked #23 on this year’s Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k list. Located in Queens, New York, this fairly large public school handed out 383 diplomas to qualified bachelors’s economics students in 2019-2020.
The estimated yearly cost for Queens College is $8,549 for Bachelor’s Degree Economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Hunter College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #24. Hunter is a large public school situated in New York, New York. It awarded 143 bachelors’s economics degrees in 2019-2020.
It costs about $9,385 for Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Hunter.
The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.
Middlebury College landed the #25 spot on the 2022 Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k ranking. This small school is located in Middlebury, Vermont, and it awarded 129 bachelors’s economics degrees in 2019-2020.
Middlebury did well in our major quality rankings, too. It placed #24 on our “Best Economics Bachelor’s Degree Schools” list. It costs about $20,468 for bachelor’s degree economics students whose families make $75-$110k per year to attend Middlebury.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 89%, the school does an excellent job of retaining its students.
Rest of the Best 50 in Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value Economics Schools for a Bachelor’s For Those Making $75-$110k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | Beloit College | Beloit, WI |
| 52 | University of Minnesota - Twin Cities | Minneapolis, MN |
| 53 | California State University - Fullerton | Fullerton, CA |
| 54 | Boston College | Chestnut Hill, MA |
| 55 | Lehman College | Bronx, NY |
| 56 | University of South Florida - Main Campus | Tampa, FL |
| 57 | York College | Jamaica, NY |
| 58 | Colgate University | Hamilton, NY |
| 59 | Truman State University | Kirksville, MO |
| 60 | University of California - Santa Barbara | Santa Barbara, CA |
| 61 | St Olaf College | Northfield, MN |
| 62 | University of Wisconsin - La Crosse | La Crosse, WI |
| 63 | Haverford College | Haverford, PA |
| 64 | University of Georgia | Athens, GA |
| 65 | University of Minnesota - Morris | Morris, MN |
| Rank | College | Location |
|---|---|---|
| 91 | University of Nevada - Las Vegas | Las Vegas, NV |
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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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