2022 Best Value Master’s Degree Colleges for Economics in Maryland (With Aid)

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid” ranking as one item you can use to help make this decision.

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 Maryland, there were 1,417 economics graduates with average earnings and debt of $53,757 and $22,018 respectively. At the master’s degree level specifically, there were 338 economics graduates with average earnings and debt of $60,477 and $45,000 respectively.

For this year’s “Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid” ranking, we looked at 3 colleges that offer a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the economics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Economics Schools

The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid”.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid

The colleges and universities below are the best for maryland master’s degree economics students with aid.

Top 3 Best Value Master’s Degree Colleges for Economics in Maryland (With Aid)

#1

Johns Hopkins University

Baltimore, Maryland

#1 in overall quality

$59,425 Avg Grad Tuition & Fees

$100,951 Average Early-Career Earnings

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Located in Baltimore, Maryland, this large private not-for-profit school handed out 278 degrees to qualified masters’s economics students in 2019-2020.

Johns Hopkins also made our “Best Economics Master’s Degree Schools in Maryland” list, coming in at #1. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Johns Hopkins are $59,425.

Full Johns Hopkins University Economics Report

#2

University of Maryland - College Park

College Park, Maryland

#2 in overall quality

$30,885 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid that were part of this year’s ranking, University of Maryland - College Park landed the #2 spot on the list. UMCP is a public institution located in College Park, Maryland. The school has a large population, and it awarded 59 masters’s degrees in 2019-2020.

In addition to being on our maryland master’s degree economics students with aid list, UMCP has also earned the #2 rank in our “Best Economics Master’s Degree Schools in Maryland” ranking. Average graduate tuition and fees at University of Maryland - College Park are $30,885, but you may pay more or less depending on your major.

Read full report on Economics at University of Maryland - College Park

#3

University of Maryland - Baltimore County

Baltimore, Maryland

$21,078 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Maryland For Those Getting Aid that were part of this year’s ranking, University of Maryland - Baltimore County landed the #3 spot on the list. University of Maryland - Baltimore County is located in Baltimore, Maryland and, has a fairly large student population. In 2019-2020, this school awarded 1 masters’s economics degrees to qualified students.

In addition to being on our maryland master’s degree economics students with aid list, UMBC has also earned the #0 rank in our “Best Economics Master’s Degree Schools in Maryland” ranking. Average graduate tuition and fees at University of Maryland - Baltimore County are $21,078, but some majors have different tuition rates.

Full UMBC Economics Report

• Best Value Master’s Degree Colleges for Economics in the Middle Atlantic Region (With Aid)
• Best Value Master’s Degree Colleges for Economics (With Aid)

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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