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

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Economics Schools for a Master’s in Kentucky For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. 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 Kentucky, there were 297 economics graduates with average earnings and debt of $43,250 and $21,937 respectively. At the master’s degree level specifically, there were 28 economics graduates with average earnings and debt of $52,847 and $34,311 respectively.

For this year’s “Best Value Economics Schools for a Master’s in Kentucky 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.

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.

More Ways to Rank Economics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Economics Schools for a Master’s in Kentucky For Those Getting Aid” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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 Master’s in Kentucky For Those Getting Aid

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

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

#1

Western Kentucky University

Bowling Green, Kentucky

#2 in overall quality

$18,340 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Kentucky For Those Getting Aid that were part of this year’s ranking, Western Kentucky University landed the #1 spot on the list. WKU is located in Bowling Green, Kentucky and, has a fairly large student population. In 2019-2020, this school awarded 14 masters’s economics degrees to qualified students.

WKU also took the #2 spot in our “Best Economics Master’s Degree Schools in Kentucky” ranking. Average graduate tuition and fees at Western Kentucky University are $18,340, but you may pay more or less depending on your major.

Full WKU Economics Report

#2

Murray State University

Murray, Kentucky

$14,400 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Murray State University. It ranked #2 on our 2022 Best Value Economics Schools for a Master’s in Kentucky For Those Getting Aid list. Located in Murray, Kentucky, this medium-sized public school awarded 4 degrees to qualified masters’s economics students in 2019-2020.

Murray State did well in our major quality rankings, too. It placed #0 on our “Best Economics Master’s Degree Schools in Kentucky” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Murray State University are $14,400.

Full Murray State Economics Report

#3

University of Kentucky

Lexington, Kentucky

#1 in overall quality

$33,216 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Kentucky For Those Getting Aid that were part of this year’s ranking, University of Kentucky landed the #3 spot on the list. Located in Lexington, Kentucky, this large public school awarded 10 diplomas to qualified masters’s economics students in 2019-2020.

As a testament to the quality of education offered at UK, the school also landed the #1 spot in our “Best Economics Master’s Degree Schools in Kentucky” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Kentucky are $33,216.

Read more about Economics at UK

• Best Value Master’s Degree Colleges for Economics in the Southeast 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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