2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maine

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Schools for a Bachelor’s Highly Focused on Economics Major in Maine” ranking.

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 Maine, there were 285 economics graduates with average earnings and debt of $51,700 and $19,934 respectively. At the bachelor’s degree level specifically, there were 272 economics graduates with average earnings and debt of $39,251 and $23,910 respectively.

This year’s “Schools for a Bachelor’s Highly Focused on Economics Major in Maine” ranking looked at 5 colleges that offer degrees in a bachelor’s in economics. The colleges and universities that top this list are recognized because their economics program is one of the largest majors offered at the school.

See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Schools for a Bachelor’s Highly Focused on Economics Major in Maine” list, to help you choose the best school for you.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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

The following schools top our list of the Best “Schools for a Bachelor’s Highly Focused on Economics Major in Maine”.

Top 5 Most Focused Bachelor’s Degree Colleges for Economics in Maine

1

Bowdoin College
Brunswick, Maine

#1 overall quality in Maine

$61,127 Average Early-Career Earnings

$19,500 Average Student Debt

You’ll join some of the best and brightest minds around if you attend Bowdoin College. The school came in at #1 for the Schools for a Bachelor’s Highly Focused on Economics Major in Maine. Located in Brunswick, Maine, this small private not-for-profit school awarded 78 degrees to qualified bachelors’s economics students 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 school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read more about Economics at Bowdoin College

2

Colby College
Waterville, Maine

#3 overall quality in Maine

$58,540 Average Early-Career Earnings

$24,250 Average Student Debt

You’ll be in good company if you decide to attend Colby College. It ranked #2 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maine list. Colby is a private not-for-profit institution located in Waterville, Maine. The school has a small population, and it awarded 89 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 undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Economics at Colby College

3

Bates College
Lewiston, Maine

#2 overall quality in Maine

$55,768 Average Early-Career Earnings

$13,000 Average Student Debt

You’ll be in good company if you decide to attend Bates College. It ranked #3 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maine list. Bates is located in Lewiston, Maine and, has a small student population. In 2021-2022, this school awarded 68 bachelors’s economics degrees to qualified students.

The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Economics at Bates College

4

University of Maine
Orono, Maine

#6 overall quality in Maine

$31,366 Average Early-Career Earnings

$22,984 Average Student Debt

You’ll join some of the best and brightest minds around if you attend University of Maine. The school came in at #4 for the Schools for a Bachelor’s Highly Focused on Economics Major in Maine. University of Maine is a public institution located in Orono, Maine. The school has a fairly large population, and it awarded 25 bachelors’s degrees in 2021-2022.

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 more about Economics at University of Maine

5

University of Southern Maine
Portland, Maine

#9 overall quality in Maine

You’ll be in good company if you decide to attend University of Southern Maine. It ranked #5 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maine list. This medium-sized school is located in Portland, Maine, and it awarded 12 bachelors’s economics degrees 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 University of Southern Maine Economics Report

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

• *Avg Salary and Avg 4-Year Grad Rate 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.