2022 Best Value Colleges for Economics (Income $75-$110k) in Massachusetts
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 in Massachusetts For Those Making $75-$110k” ranking is part of that endeavor.
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 Massachusetts, there were 3,354 economics graduates with average earnings and debt of $55,242 and $22,416 respectively.
This year’s “Best Value Economics Schools in Massachusetts For Those Making $75-$110k” ranking analyzed 30 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. See our ranking methodology to learn more.
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Best Value Economics Schools in Massachusetts For Those Making $75-$110k
The following schools top our list of the Best Best Value Economics Schools in Massachusetts For Those Making $75-$110k.
Top 25 Best Value Colleges for Economics (Income $75-$110k) in Massachusetts
You’ll join some of the best and brightest minds around if you attend Williams College. The school came in at #1 for the Best Value Economics Schools in Massachusetts For Those Making $75-$110k. Williams is located in Williamstown, Massachusetts and, has a small student population. In 2019-2020, this school awarded 135 ’s economics degrees to qualified students.
Williams also took the #1 spot in our “Best Economics Schools in Massachusetts” ranking. The yearly cost to attend Williams College is $14,653 for Massachusetts Economics students whose families make $75-$110k.
With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. 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.
You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #2 for the Best Value Economics Schools in Massachusetts For Those Making $75-$110k. Harvard University is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a large population, and it awarded 348 ’s degrees in 2019-2020.
Harvard also made our “Best Economics Schools in Massachusetts” list, coming in at #2. The yearly cost to attend Harvard is $15,553 for Massachusetts Economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 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.
You’ll join some of the best and brightest minds around if you attend Amherst College. The school came in at #3 for the Best Value Economics Schools in Massachusetts For Those Making $75-$110k. Amherst is a small school located in Amherst, Massachusetts that handed out 74 ’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Amherst, the school also landed the #3 spot in our “Best Economics Schools in Massachusetts” ranking. The yearly cost to attend Amherst is $24,193 for Massachusetts Economics students whose families make $75-$110k.
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 school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Wellesley College. It ranked #4 on our 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Wellesley, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 82 students in 2019-2020.
Wellesley not only placed well in this ranking. It is also #4 on our “Best Economics Schools in Massachusetts” list. The yearly cost to attend Wellesley is $22,275 for massachusetts economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%. The impressive student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Out of the 30 schools in the Best Value Economics Schools in Massachusetts For Those Making $75-$110k that were part of this year’s ranking, Boston College landed the #5 spot on the list. This fairly large school is located in Chestnut Hill, Massachusetts, and it awarded 372 ’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Boston College, the school also landed the #6 spot in our “Best Economics Schools in Massachusetts” ranking. The estimated yearly cost for Boston College is $22,285 for Massachusetts Economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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 ranking of #6, Smith College did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Northampton, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 46 students in 2019-2020.
In addition to being on our massachusetts economics students whose families make $75-$110k list, Smith has also earned the #14 rank in our “Best Economics Schools in Massachusetts” ranking. The estimated yearly cost for Smith College is $22,926 for Massachusetts 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%. 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.
University of Massachusetts Amherst did quite well in the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking, coming in at #7. University of Massachusetts Amherst is a large public school situated in Amherst, Massachusetts. It awarded 354 ’s economics degrees in 2019-2020.
UMass Amherst not only placed well in this ranking. It is also #12 on our “Best Economics Schools in Massachusetts” list. The yearly cost to attend UMass Amherst is $24,051 for massachusetts economics students whose families make $75-$110k.
The low student loan default rate of 2.8% 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 89%, the school does an excellent job of retaining its students.
Read full report on Economics at University of Massachusetts Amherst
Tufts University did quite well in the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking, coming in at #8. This fairly large school is located in Medford, Massachusetts, and it awarded 197 ’s economics degrees in 2019-2020.
Tufts not only placed well in this ranking. It is also #5 on our “Best Economics Schools in Massachusetts” list. It costs about $27,430 for massachusetts economics students whose families make $75-$110k per year to attend Tufts.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. Since the school has a student-to-faculty ratio of 10 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 1.2%, which is much lower than the national rate of 10.1%.
With a ranking of #9, Northeastern University did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 200 ’s economics degrees to qualified students.
In addition to being on our massachusetts economics students whose families make $75-$110k list, Northeastern has also earned the #8 rank in our “Best Economics Schools in Massachusetts” ranking. The estimated yearly cost for Northeastern University is $25,744 for massachusetts 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 student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
Mount Holyoke College ranked #10 on this year’s Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. This small school is located in South Hadley, Massachusetts, and it awarded 40 ’s economics degrees in 2019-2020.
Mt. Holyoke not only placed well in this ranking. It is also #11 on our “Best Economics Schools in Massachusetts” list. It costs about $20,586 for massachusetts economics students whose families make $75-$110k per year to attend Mount Holyoke College.
The impressive student-to-faculty ratio of 9 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 impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.
Worcester State University landed the #11 spot on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking. Worcester, Massachusetts is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 12 students in 2019-2020.
The yearly cost to attend Worcester State is $21,656 for massachusetts economics students whose families make $75-$110k.
With a ranking of #12, Fitchburg State University did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Fitchburg State is a public institution located in Fitchburg, Massachusetts. The school has a medium-sized population, and it awarded 5 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Fitchburg State, the school also landed the #24 spot in our “Best Economics Schools in Massachusetts” ranking. The yearly cost to attend Fitchburg State is $19,205 for massachusetts economics students whose families make $75-$110k.
Brandeis University ranked #13 on this year’s Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Brandeis is a private not-for-profit institution located in Waltham, Massachusetts. The school has a medium-sized population, and it awarded 321 ’s degrees in 2019-2020.
Brandeis also made our “Best Economics Schools in Massachusetts” list, coming in at #9. The yearly cost to attend Brandeis University is $29,713 for Massachusetts 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. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. 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%.
With a ranking of #14, Wheaton College Massachusetts did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. This small school is located in Norton, Massachusetts, and it awarded 33 ’s economics degrees in 2019-2020.
Wheaton College Massachusetts also made our “Best Economics Schools in Massachusetts” list, coming in at #15. The estimated yearly cost for Wheaton College Massachusetts is $23,339 for Massachusetts Economics students whose families make $75-$110k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #15, College of the Holy Cross did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Located in Worcester, Massachusetts, this small private not-for-profit school awarded 112 diplomas to qualified ’s economics students in 2019-2020.
Holy Cross also made our “Best Economics Schools in Massachusetts” list, coming in at #7. The estimated yearly cost for College of the Holy Cross is $27,807 for massachusetts economics students whose families make $75-$110k.
With a freshman retention rate of 89%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 10 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 0.5%, which is much lower than the national rate of 10.1%.
Westfield State University did quite well in the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking, coming in at #16. Westfield State University is a public institution located in Westfield, Massachusetts. The school has a medium-sized population, and it awarded 29 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Westfield, the school also landed the #20 spot in our “Best Economics Schools in Massachusetts” ranking. It costs about $21,287 for massachusetts economics students whose families make $75-$110k per year to attend Westfield State University.
The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.
Salem State University landed the #17 spot on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking. Salem State is a medium-sized public school situated in Salem, Massachusetts. It awarded 13 ’s economics degrees in 2019-2020.
The estimated yearly cost for Salem State University is $20,502 for massachusetts economics students whose families make $75-$110k.
University of Massachusetts - Lowell did quite well in the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking, coming in at #18. Located in Lowell, Massachusetts, this fairly large public school handed out 37 degrees to qualified ’s economics students in 2019-2020.
UMass Lowell not only placed well in this ranking. It is also #22 on our “Best Economics Schools in Massachusetts” list. The estimated yearly cost for UMass Lowell is $21,523 for Massachusetts Economics students whose families make $75-$110k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #19, Bridgewater State University did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Bridgewater State University is located in Bridgewater, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 35 ’s economics degrees to qualified students.
The estimated yearly cost for Bridgewater State University is $20,987 for Massachusetts Economics students whose families make $75-$110k.
Boston University did quite well in the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking, coming in at #20. Boston University is a private not-for-profit institution located in Boston, Massachusetts. The school has a large population, and it awarded 477 ’s degrees in 2019-2020.
Boston U not only placed well in this ranking. It is also #10 on our “Best Economics Schools in Massachusetts” list. It costs about $31,075 for Massachusetts Economics students whose families make $75-$110k per year to attend Boston University.
The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. The impressive 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 school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
University of Massachusetts - Boston did quite well in the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking, coming in at #21. University of Massachusetts - Boston is a public institution located in Boston, Massachusetts. The school has a fairly large population, and it awarded 135 ’s degrees in 2019-2020.
It costs about $22,761 for massachusetts economics students whose families make $75-$110k per year to attend UMass Boston.
Read more about Economics at University of Massachusetts - Boston
With a ranking of #22, University of Massachusetts - Dartmouth did quite well on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. UMass Dartmouth is located in North Dartmouth, Massachusetts and, has a medium-sized student population. In 2019-2020, this school awarded 12 ’s economics degrees to qualified students.
UMass Dartmouth also made our “Best Economics Schools in Massachusetts” list, coming in at #25. It costs about $22,216 for massachusetts economics students whose families make $75-$110k per year to attend University of Massachusetts - Dartmouth.
Clark University landed the #23 spot on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking. Clark University is a small private not-for-profit school situated in Worcester, Massachusetts. It awarded 58 ’s economics degrees in 2019-2020.
Clark also made our “Best Economics Schools in Massachusetts” list, coming in at #18. The estimated yearly cost for Clark University is $25,915 for massachusetts economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 1.8%, which is much lower than the national 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. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Framingham State University ranked #24 on this year’s Best Value Economics Schools in Massachusetts For Those Making $75-$110k list. Framingham State University is a public institution located in Framingham, Massachusetts. The school has a small population, and it awarded 9 ’s degrees in 2019-2020.
It costs about $24,162 for Massachusetts Economics students whose families make $75-$110k per year to attend Framingham State University.
Read full report on Economics at Framingham State University
Gordon College landed the #25 spot on the 2022 Best Value Economics Schools in Massachusetts For Those Making $75-$110k ranking. Gordon College is located in Wenham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 13 ’s economics degrees to qualified students.
In addition to being on our massachusetts economics students whose families make $75-$110k list, Gordon College has also earned the #23 rank in our “Best Economics Schools in Massachusetts” ranking. The estimated yearly cost for Gordon College is $24,786 for massachusetts economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. The impressive 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.
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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.
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- Credit for the banner image above goes to pixabay.
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