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2022 Best Value Bachelor’s Degree Colleges for Economics in Tennessee (With Aid)

8 Ranked Colleges
425 Degrees Awarded
$18,700 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Tennessee For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid” ranking.

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 Tennessee, there were 478 economics graduates with average earnings and debt of $50,633 and $20,232 respectively. At the bachelor’s degree level specifically, there were 425 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid” ranking analyzed 8 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.

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. 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 for a Bachelor’s in Tennessee For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Bachelor’s in Tennessee For Those Getting Aid

The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid.

Top 8 Best Value Bachelor’s Degree Colleges for Economics in Tennessee (With Aid)

#1

Vanderbilt University

Nashville, Tennessee
#1 in overall quality
$19,432 Average Net Price
$76,208 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Vanderbilt University. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid. Nashville, Tennessee is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 257 students in 2019-2020.

Vanderbilt not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in Tennessee” list. It costs about $19,432 for tennessee bachelor’s degree economics students with aid per year to attend Vanderbilt.

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%. 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. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.

Full Vanderbilt University Economics Report

#2

Middle Tennessee State University

Murfreesboro, Tennessee
#5 in overall quality
$12,464 Average Net Price

You’ll be in good company if you decide to attend Middle Tennessee State University. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid list. This large school is located in Murfreesboro, Tennessee, and it awarded 8 bachelors’s economics degrees in 2019-2020.

Middle Tennessee State University also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. The estimated yearly cost for Middle Tennessee State University is $12,464 for tennessee bachelor’s degree economics students with aid.

Read more about Economics at Middle Tennessee State University

#3

University of Memphis

Memphis, Tennessee
#6 in overall quality
$13,248 Average Net Price

You’ll join some of the best and brightest minds around if you attend University of Memphis. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid. Memphis, Tennessee is the setting for this large institution of higher learning. The public school handed out bachelors’s economics degrees to 11 students in 2019-2020.

UofM not only placed well in this ranking. It is also #6 on our “Best Economics Bachelor’s Degree Schools in Tennessee” list. The estimated yearly cost for UofM is $13,248 for Tennessee Bachelor’s Degree Economics students with aid.

Read more about Economics at University of Memphis

#4

The University of Tennessee - Chattanooga

Chattanooga, Tennessee
#7 in overall quality
$12,952 Average Net Price
$38,829 Average Early-Career Earnings

You’ll be in good company if you decide to attend The University of Tennessee - Chattanooga. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid list. UT Chattanooga is a fairly large school located in Chattanooga, Tennessee that handed out 4 bachelors’s economics degrees in 2019-2020.

In addition to being on our tennessee bachelor’s degree economics students with aid list, UT Chattanooga has also earned the #7 rank in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. The yearly cost to attend The University of Tennessee - Chattanooga is $12,952 for tennessee bachelor’s degree economics students with aid.

Read more about Economics at UT Chattanooga

#5

The University of Tennessee - Knoxville

Knoxville, Tennessee
#4 in overall quality
$18,825 Average Net Price
$43,426 Average Early-Career Earnings

Out of the 8 schools in the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid that were part of this year’s ranking, The University of Tennessee - Knoxville landed the #5 spot on the list. The University of Tennessee - Knoxville is located in Knoxville, Tennessee and, has a large student population. In 2019-2020, this school awarded 39 bachelors’s economics degrees to qualified students.

In addition to being on our tennessee bachelor’s degree economics students with aid list, UT Knoxville has also earned the #4 rank in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. It costs about $18,825 for Tennessee Bachelor’s Degree Economics students with aid per year to attend The University of Tennessee - Knoxville.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The low student loan default rate of 4.3% 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%.

Read more about Economics at The University of Tennessee - Knoxville

#6

East Tennessee State University

Johnson City, Tennessee
#8 in overall quality
$14,332 Average Net Price

East Tennessee State University came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid ranking. ETSU is a fairly large school located in Johnson City, Tennessee that handed out 7 bachelors’s economics degrees in 2019-2020.

In addition to being on our tennessee bachelor’s degree economics students with aid list, ETSU has also earned the #8 rank in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. The estimated yearly cost for East Tennessee State University is $14,332 for tennessee bachelor’s degree economics students with aid.

Full East Tennessee State University Economics Report

#7

Rhodes College

Memphis, Tennessee
#2 in overall quality
$27,540 Average Net Price
$54,713 Average Early-Career Earnings

Rhodes College came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid ranking. This small school is located in Memphis, Tennessee, and it awarded 25 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Rhodes College, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. It costs about $27,540 for Tennessee Bachelor’s Degree Economics students with aid per year to attend Rhodes College.

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. With a freshman retention rate of 87%, 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%.

Full Rhodes College Economics Report

#8

Sewanee - The University of the South

Sewanee, Tennessee
#3 in overall quality
$30,474 Average Net Price
$43,575 Average Early-Career Earnings

With a ranking of #8, Sewanee - The University of the South did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Tennessee For Those Getting Aid list. Sewanee - The University of the South is a small private not-for-profit school situated in Sewanee, Tennessee. It awarded 62 bachelors’s economics degrees in 2019-2020.

In addition to being on our tennessee bachelor’s degree economics students with aid list, Sewanee has also earned the #3 rank in our “Best Economics Bachelor’s Degree Schools in Tennessee” ranking. It costs about $30,474 for Tennessee Bachelor’s Degree Economics students with aid per year to attend Sewanee.

The low student loan default rate of 3.2% 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 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. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read full report on Economics at Sewanee - The University of the South

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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