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2023 Most Focused Bachelor’s Degree Colleges for Economics in Maryland

16 Ranked Colleges
1,087 Degrees Awarded
$51,274 Avg Salary
Schools for a Bachelor's Highly Focused on Economics Major in Maryland

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 “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland” ranking as one item you can use to help make this decision.

Economics is the 19th most popular major in the country with 47,809 degrees awarded in 2021-2022. In , economics graduates who were awarded their degree in , earned an average of $48,722 and had an average of $21,489 in loans still to pay off.

Across Maryland, there were 1,519 economics graduates with average earnings and debt of $56,790 and $22,049 respectively. At the bachelor’s degree level specifically, there were 1,087 economics graduates with average earnings and debt of $40,300 and $22,443 respectively.

For this year’s “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland” ranking, we looked at 16 colleges that offer a degree in economics. That schools that top this list have a program in economics in which the largest percentage of students at the school are enrolled.

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 “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland”.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Schools for a Bachelor’s Highly Focused on Economics Major in Maryland

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

Top 16 Most Focused Bachelor’s Degree Colleges for Economics in Maryland

1
Annapolis crest
United States Naval Academy
Annapolis, Maryland

You’ll be in good company if you decide to attend United States Naval Academy. It ranked #1 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Annapolis, Maryland is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 172 students in 2021-2022.

The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 98%.

Full United States Naval Academy Economics Report

2
Frostburg State crest
Frostburg State University
Frostburg, Maryland

You’ll be in good company if you decide to attend Frostburg State University. It ranked #2 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Frostburg State University is a small public school situated in Frostburg, Maryland. It awarded 81 bachelors’s economics degrees in 2021-2022.

The low undergrad student loan default rate of 2.7% 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%.

Full Frostburg State University Economics Report

3
SMCM crest
St Mary's College of Maryland
St. Mary's City, Maryland

You’ll join some of the best and brightest minds around if you attend St Mary’s College of Maryland. The school came in at #3 for the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland. SMCM is located in St. Mary’s City, Maryland and, has a small student population. In 2021-2022, this school awarded 40 bachelors’s economics degrees to qualified students.

Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 0.8% 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 school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Read full report on Economics at SMCM

4
Washington College crest
Washington College
Chestertown, Maryland

You’ll join some of the best and brightest minds around if you attend Washington College. The school came in at #4 for the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland. Washington College is a small school located in Chestertown, Maryland that handed out 19 bachelors’s economics degrees in 2021-2022.

Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 1.2% 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%.

Read full report on Economics at Washington College

5

You’ll join some of the best and brightest minds around if you attend University of Maryland - College Park. The school came in at #5 for the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland. UMCP is a public institution located in College Park, Maryland. The school has a large population, and it awarded 400 bachelors’s degrees in 2021-2022.

With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Read more about Economics at University of Maryland - College Park

6

University of Maryland - Baltimore County came in at #6 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. This fairly large school is located in Baltimore, Maryland, and it awarded 111 bachelors’s economics degrees in 2021-2022.

The low undergrad student loan default rate of 1.1% 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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.

Read full report on Economics at UMBC

7
The Mount crest
Mount St Mary's University
Emmitsburg, Maryland

Mount St Mary’s University landed the #7 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. The Mount is a private not-for-profit institution located in Emmitsburg, Maryland. The school has a small population, and it awarded 12 bachelors’s degrees in 2021-2022.

The low undergrad student loan default rate of 1.8% 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 full report on Economics at The Mount

8
Towson crest
Towson University
Towson, Maryland

Towson University came in at #8 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. Towson, Maryland is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 68 students in 2021-2022.

Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low undergrad student loan default rate of 1.7% 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 full report on Economics at Towson

9
Goucher crest
Goucher College
Baltimore, Maryland

With a ranking of #9, Goucher College did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Goucher College is a private not-for-profit institution located in Baltimore, Maryland. The school has a small population, and it awarded 16 bachelors’s degrees in 2021-2022.

The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full Goucher Economics Report

10
Loyola Maryland crest
Loyola University Maryland
Baltimore, Maryland

Loyola University Maryland ranked #10 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Loyola Maryland is a private not-for-profit institution located in Baltimore, Maryland. The school has a medium-sized population, and it awarded 13 bachelors’s degrees in 2021-2022.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The low undergrad student loan default rate of 0.7% 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 full report on Economics at Loyola University Maryland

11
Johns Hopkins crest
Johns Hopkins University
Baltimore, Maryland

Johns Hopkins University ranked #11 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Baltimore, Maryland is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 132 students in 2021-2022.

Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students.

Full Johns Hopkins Economics Report

12
Hood crest
Hood College
Frederick, Maryland

Hood College did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking, coming in at #12. Located in Frederick, Maryland, this small private not-for-profit school handed out 6 degrees to qualified bachelors’s economics students in 2021-2022.

The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Economics at Hood College

13
Salisbury crest
Salisbury University
Salisbury, Maryland

Salisbury University ranked #13 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Salisbury, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s economics degrees to 8 students in 2021-2022.

The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Full Salisbury University Economics Report

14
McDaniel crest
McDaniel College
Westminster, Maryland

McDaniel College came in at #14 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. This small school is located in Westminster, Maryland, and it awarded 4 bachelors’s economics degrees in 2021-2022.

The low undergrad student loan default rate of 1.0% 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 full report on Economics at McDaniel

15
Morgan State crest
Morgan State University
Baltimore, Maryland

With a ranking of #15, Morgan State University did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Morgan State University is a public institution located in Baltimore, Maryland. The school has a medium-sized population, and it awarded 5 bachelors’s degrees in 2021-2022.

Full Morgan State Economics Report

16

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