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2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid

10 Ranked Colleges
594 Degrees Awarded
$45,000 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Massachusetts For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Economics Schools for a Master’s in Massachusetts 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 Massachusetts, there were 3,354 economics graduates with average earnings and debt of $55,242 and $22,416 respectively. At the master’s degree level specifically, there were 594 economics graduates with average earnings and debt of $60,240 and $41,137 respectively.

For this year’s “Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid” ranking, we looked at 10 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.

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. Check out our ranking methodology for more information.

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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid” list to help you make the college 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. 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 Massachusetts For Those Getting Aid

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

Top 10 Best Value Master’s Degree Colleges for Economics in Massachusetts (With Aid)

#1

Harvard University

Cambridge, Massachusetts
#1 in overall quality
$50,654 Avg Grad Tuition & Fees

Out of the 10 schools in the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid that were part of this year’s ranking, Harvard University landed the #1 spot on the list. This large school is located in Cambridge, Massachusetts, and it awarded 94 masters’s economics degrees in 2019-2020.

Harvard also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #1. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harvard University are $50,654.

Read more about Economics at Harvard

#2

Williams College

Williamstown, Massachusetts
#2 in overall quality
$59,350 Avg Grad Tuition & Fees

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 Master’s in Massachusetts For Those Getting Aid list. Located in Williamstown, Massachusetts, this small private not-for-profit school handed out 27 degrees to qualified masters’s economics students in 2019-2020.

As a testament to the quality of education offered at Williams, the school also landed the #2 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Williams are $59,350, but you may pay more or less depending on your major.

Full Williams Economics Report

#3

University of Massachusetts Amherst

Amherst, Massachusetts
#8 in overall quality
$32,341 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Massachusetts Amherst. The school came in at #3 for the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid. UMass Amherst is located in Amherst, Massachusetts and, has a large student population. In 2019-2020, this school awarded 29 masters’s economics degrees to qualified students.

UMass Amherst not only placed well in this ranking. It is also #8 on our “Best Economics Master’s Degree Schools in Massachusetts” list. Average graduate tuition and fees at UMass Amherst are $32,341, but you may pay more or less depending on your major.

Read full report on Economics at UMass Amherst

#4

Boston College

Chestnut Hill, Massachusetts
#3 in overall quality
$31,930 Avg Grad Tuition & Fees

Out of the 10 schools in the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid that were part of this year’s ranking, Boston College landed the #4 spot on the list. Chestnut Hill, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 45 students in 2019-2020.

Boston College also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #3. Average graduate tuition and fees at Boston College are $31,930, but some majors have different tuition rates.

Read more about Economics at Boston College

#5

University of Massachusetts - Boston

Boston, Massachusetts
$36,485 Avg Grad Tuition & Fees

Out of the 10 schools in the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid that were part of this year’s ranking, University of Massachusetts - Boston landed the #5 spot on the list. University of Massachusetts - Boston is a fairly large school located in Boston, Massachusetts that handed out 4 masters’s economics degrees in 2019-2020.

UMass Boston also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #0. Average graduate tuition and fees at UMass Boston are $36,485, but you may pay more or less depending on your major.

Read more about Economics at University of Massachusetts - Boston

#6

Tufts University

Medford, Massachusetts
#5 in overall quality
$55,168 Avg Grad Tuition & Fees

Tufts University came in at #6 in this year’s edition of the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid ranking. Tufts is a private not-for-profit institution located in Medford, Massachusetts. The school has a fairly large population, and it awarded 25 masters’s degrees in 2019-2020.

In addition to being on our massachusetts master’s degree economics students with aid list, Tufts has also earned the #5 rank in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Tufts University are $55,168, but some majors have different tuition rates.

Read more about Economics at Tufts

#7

Boston University

Boston, Massachusetts
#4 in overall quality
$57,666 Avg Grad Tuition & Fees
$50,856 Average Early-Career Earnings

Boston University came in at #7 in this year’s edition of the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid ranking. Boston U is a large private not-for-profit school situated in Boston, Massachusetts. It awarded 160 masters’s economics degrees in 2019-2020.

Boston U also took the #4 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Boston University are $57,666.

Full Boston U Economics Report

#8

Clark University

Worcester, Massachusetts
#9 in overall quality
$47,730 Avg Grad Tuition & Fees

Clark University came in at #8 in this year’s edition of the Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid ranking. Located in Worcester, Massachusetts, this small private not-for-profit school handed out 6 diplomas to qualified masters’s economics students in 2019-2020.

Clark also took the #9 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Clark are $47,730, but you may pay more or less depending on your major.

Read more about Economics at Clark

#9

Northeastern University

Boston, Massachusetts
#6 in overall quality
$25,558 Avg Grad Tuition & Fees

With a ranking of #9, Northeastern University did quite well on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid list. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 37 students in 2019-2020.

In addition to being on our massachusetts master’s degree economics students with aid list, Northeastern has also earned the #6 rank in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northeastern are $25,558.

Full Northeastern Economics Report

#10

Brandeis University

Waltham, Massachusetts
#7 in overall quality
$52,060 Avg Grad Tuition & Fees
$54,948 Average Early-Career Earnings

With a ranking of #10, Brandeis University did quite well on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Getting Aid list. Brandeis University is a medium-sized private not-for-profit school situated in Waltham, Massachusetts. It awarded 166 masters’s economics degrees in 2019-2020.

Brandeis also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #7. Average graduate tuition and fees at Brandeis University are $52,060, but some majors have different tuition rates.

Read more about Economics at Brandeis 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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