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

7 Ranked Colleges
69 Degrees Awarded
$33,100 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Pennsylvania For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Master’s in Pennsylvania For Those Getting Aid” 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 Pennsylvania, there were 1,802 economics graduates with average earnings and debt of $48,304 and $24,346 respectively. At the master’s degree level specifically, there were 69 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid” ranking analyzed 7 colleges that offered a degree in economics. The schools that top this list are recognized because they have great economics programs and cost less that 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. For more information, check out our ranking methodology.

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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 Pennsylvania For Those Getting Aid”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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

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

Top 7 Best Value Master’s Degree Colleges for Economics in Pennsylvania (With Aid)

#1

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality
$41,760 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Pennsylvania. It ranked #1 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid list. UPenn is a large school located in Philadelphia, Pennsylvania that handed out 18 masters’s economics degrees in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students with aid list, UPenn has also earned the #1 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at University of Pennsylvania are $41,760, but you may pay more or less depending on your major.

Full University of Pennsylvania Economics Report

#2

Lehigh University

Bethlehem, Pennsylvania
#2 in overall quality
$27,130 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Lehigh University. It ranked #2 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid list. Bethlehem, Pennsylvania is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 10 students in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students with aid list, Lehigh has also earned the #2 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Lehigh University are $27,130, but some majors have different tuition rates.

Read more about Economics at Lehigh University

#3

University of Pittsburgh - Pittsburgh Campus

Pittsburgh, Pennsylvania
#5 in overall quality
$40,836 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Pittsburgh - Pittsburgh Campus. It ranked #3 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid list. Pittsburgh, Pennsylvania is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 8 students in 2019-2020.

Pitt also took the #5 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Pitt are $40,836, but you may pay more or less depending on your major.

Read more about Economics at Pitt

#4

Temple University

Philadelphia, Pennsylvania
#6 in overall quality
$24,236 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Temple University. It ranked #4 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid list. Temple is a large public school situated in Philadelphia, Pennsylvania. It awarded 6 masters’s economics degrees in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students with aid list, Temple has also earned the #6 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Temple are $24,236, but you may pay more or less depending on your major.

Full Temple Economics Report

#5

Carnegie Mellon University

Pittsburgh, Pennsylvania
$47,326 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Carnegie Mellon University. It ranked #5 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid list. Located in Pittsburgh, Pennsylvania, this fairly large private not-for-profit school awarded 3 diplomas to qualified masters’s economics students in 2019-2020.

Carnegie Mellon not only placed well in this ranking. It is also #0 on our “Best Economics Master’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at Carnegie Mellon University are $47,326, but some majors have different tuition rates.

Read more about Economics at Carnegie Mellon

#6

Eastern University

Saint Davids, Pennsylvania
#7 in overall quality
$13,610 Avg Grad Tuition & Fees

Eastern University came in at #6 in this year’s edition of the Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid ranking. This small school is located in Saint Davids, Pennsylvania, and it awarded 10 masters’s economics degrees in 2019-2020.

EU not only placed well in this ranking. It is also #7 on our “Best Economics Master’s Degree Schools in Pennsylvania” list. Average graduate tuition and fees at EU are $13,610, but some majors have different tuition rates.

Full Eastern University Economics Report

#7

Drexel University

Philadelphia, Pennsylvania
#4 in overall quality
$37,074 Avg Grad Tuition & Fees

Drexel University ranked #7 on this year’s Best Value Economics Schools for a Master’s in Pennsylvania For Those Getting Aid list. Located in Philadelphia, Pennsylvania, this large private not-for-profit school awarded 14 diplomas to qualified masters’s economics students in 2019-2020.

Drexel also made our “Best Economics Master’s Degree Schools in Pennsylvania” list, coming in at #4. Average graduate tuition and fees at Drexel are $37,074, but you may pay more or less depending on your major.

Read more about Economics at Drexel University

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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