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2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid

18 Ranked Colleges
384 Degrees Awarded
$23,300 Avg Net Price*
Best Value Applied Economics Schools for a Bachelor's For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. 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 Applied Economics Schools for a Bachelor’s For Those Getting Aid” ranking is part of that endeavor.

Applied Economics is the 497th most popular major in the country with 652 degrees awarded in 2019-2020.

At the bachelor’s degree level specifically, there were 384 applied economics graduates with average earnings and debt of $38,303 and $24,501 respectively.

This year’s “Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid” ranking analyzed 18 colleges that offered a degree in applied economics. This ranking identifies schools with high-quality applied economics programs that also have a lower cost than 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 applied economics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 Applied Economics Schools for a Bachelor’s For Those Getting Aid” list to help you make the college decision.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid

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

Top 18 Best Value Bachelor’s Degree Colleges for Applied Economics (With Aid)

#1

Farmingdale State College

Farmingdale, New York
#14 in overall quality

You’ll join some of the best and brightest minds around if you attend Farmingdale State College. The school came in at #1 for the Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid. Farmingdale State College is a public institution located in Farmingdale, New York. The school has a fairly large population, and it awarded 14 bachelors’s degrees in 2019-2020.

SUNY College of Technology at Farmingdale also took the #14 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend Farmingdale State College is $8,638 for bachelor’s degree applied economics students with aid.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read full report on Applied Economics at Farmingdale State College

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#3 in overall quality

Out of the 18 schools in the Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #2 spot on the list. Located in Minneapolis, Minnesota, this large public school awarded 65 diplomas to qualified bachelors’s applied economics students in 2019-2020.

In addition to being on our bachelor’s degree applied economics students with aid list, UMN Twin Cities has also earned the #3 rank in our “Best Applied Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for UMN Twin Cities is $17,740 for Bachelor’s Degree Applied Economics students with aid.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.

Read full report on Applied Economics at UMN Twin Cities

#9 in overall quality

Out of the 18 schools in the Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, Utah State University landed the #3 spot on the list. Logan, Utah is the setting for this large institution of higher learning. The public school handed out bachelors’s applied economics degrees to 1 students in 2019-2020.

USU also took the #9 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $13,634 for Bachelor’s Degree Applied Economics students with aid per year to attend USU.

Read more about Applied Economics at Utah State University

#4

University of Northern Iowa

Cedar Falls, Iowa
#6 in overall quality

Out of the 18 schools in the Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, University of Northern Iowa landed the #4 spot on the list. Cedar Falls, Iowa is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s applied economics degrees to 30 students in 2019-2020.

UNI did well in our major quality rankings, too. It placed #6 on our “Best Applied Economics Bachelor’s Degree Schools” list. The yearly cost to attend UNI is $15,620 for bachelor’s degree applied economics students with aid.

With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Applied Economics at University of Northern Iowa

#5

Binghamton University

Vestal, New York
#4 in overall quality

Out of the 18 schools in the Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, Binghamton University landed the #5 spot on the list. Vestal, New York is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s applied economics degrees to 137 students in 2019-2020.

Binghamton University also took the #4 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $19,353 for Bachelor’s Degree Applied Economics students with aid per year to attend Binghamton University.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%.

Full Binghamton University Applied Economics Report

#6

University of Arizona

Tucson, Arizona
#11 in overall quality

University of Arizona landed the #6 spot on the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking. University of Arizona is a large school located in Tucson, Arizona that handed out 8 bachelors’s applied economics degrees in 2019-2020.

University of Arizona also took the #11 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $15,016 for bachelor’s degree applied economics students with aid per year to attend University of Arizona.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Full University of Arizona Applied Economics Report

#7

Virginia Tech

Blacksburg, Virginia
#5 in overall quality

With a ranking of #7, Virginia Tech did quite well on the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid list. Virginia Tech is a large school located in Blacksburg, Virginia that handed out 34 bachelors’s applied economics degrees in 2019-2020.

Virginia Tech did well in our major quality rankings, too. It placed #5 on our “Best Applied Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Virginia Tech is $21,198 for bachelor’s degree applied economics students with aid.

The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Applied Economics at Virginia Tech

#8

St Catherine University

Saint Paul, Minnesota
#13 in overall quality

St Catherine University landed the #8 spot on the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking. St. Kate’s is a small school located in Saint Paul, Minnesota that handed out 2 bachelors’s applied economics degrees in 2019-2020.

In addition to being on our bachelor’s degree applied economics students with aid list, St. Kate’s has also earned the #13 rank in our “Best Applied Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend St. Kate’s is $19,078 for bachelor’s degree applied economics students with aid.

The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Full St Catherine University Applied Economics Report

#17 in overall quality

University of Central Oklahoma did quite well in the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #9. University of Central Oklahoma is a public institution located in Edmond, Oklahoma. The school has a fairly large population, and it awarded 4 bachelors’s degrees in 2019-2020.

UCO not only placed well in this ranking. It is also #17 on our “Best Applied Economics Bachelor’s Degree Schools” list. It costs about $16,562 for bachelor’s degree applied economics students with aid per year to attend University of Central Oklahoma.

Read full report on Applied Economics at UCO

#16 in overall quality

Bowling Green State University - Main Campus landed the #10 spot on the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking. Bowling Green State University - Main Campus is a public institution located in Bowling Green, Ohio. The school has a fairly large population, and it awarded 4 bachelors’s degrees in 2019-2020.

BGSU not only placed well in this ranking. It is also #16 on our “Best Applied Economics Bachelor’s Degree Schools” list. The estimated yearly cost for BGSU is $18,394 for Bachelor’s Degree Applied Economics students with aid.

Read full report on Applied Economics at BGSU

#18 in overall quality

University of Akron Main Campus did quite well in the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #11. University of Akron Main Campus is a public institution located in Akron, Ohio. The school has a fairly large population, and it awarded 4 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at University of Akron Main Campus, the school also landed the #18 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $17,792 for bachelor’s degree applied economics students with aid per year to attend University of Akron Main Campus.

Full University of Akron Main Campus Applied Economics Report

#12

Pitzer College

Claremont, California
#2 in overall quality

Pitzer College ranked #12 on this year’s Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid list. Pitzer College is a private not-for-profit institution located in Claremont, California. The school has a small population, and it awarded 1 bachelors’s degrees in 2019-2020.

Pitzer also made our “Best Applied Economics Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend Pitzer College is $34,071 for bachelor’s degree applied economics students with aid.

The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 3.5% 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 Pitzer Applied Economics Report

#13

Carnegie Mellon University

Pittsburgh, Pennsylvania
#1 in overall quality

Carnegie Mellon University ranked #13 on this year’s Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid list. Carnegie Mellon is a fairly large private not-for-profit school situated in Pittsburgh, Pennsylvania. It awarded 18 bachelors’s applied economics degrees in 2019-2020.

Carnegie Mellon also took the #1 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $34,508 for Bachelor’s Degree Applied Economics students with aid per year to attend Carnegie Mellon University.

Students who start out at the school are likely to stick around. The freshman retention rate is 96%. With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%.

Full Carnegie Mellon University Applied Economics Report

#14

Ursinus College

Collegeville, Pennsylvania
#7 in overall quality

Ursinus College did quite well in the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #14. Ursinus College is a private not-for-profit institution located in Collegeville, Pennsylvania. The school has a small population, and it awarded 47 bachelors’s degrees in 2019-2020.

Ursinus also made our “Best Applied Economics Bachelor’s Degree Schools” list, coming in at #7. The yearly cost to attend Ursinus College is $28,390 for bachelor’s degree applied economics students with aid.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.

Read full report on Applied Economics at Ursinus

#15

Ithaca College

Ithaca, New York
#12 in overall quality

Ithaca College did quite well in the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #15. Located in Ithaca, New York, this medium-sized private not-for-profit school handed out 1 degrees to qualified bachelors’s applied economics students in 2019-2020.

Ithaca also made our “Best Applied Economics Bachelor’s Degree Schools” list, coming in at #12. It costs about $33,465 for bachelor’s degree applied economics students with aid per year to attend Ithaca College.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Full Ithaca Applied Economics Report

#16

DePaul University

Chicago, Illinois
#15 in overall quality

DePaul University landed the #16 spot on the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking. DePaul University is a large school located in Chicago, Illinois that handed out 4 bachelors’s applied economics degrees in 2019-2020.

DePaul also took the #15 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend DePaul is $30,090 for Bachelor’s Degree Applied Economics students with aid.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Applied Economics at DePaul

#17

Bryant University

Smithfield, Rhode Island
#10 in overall quality

Bryant University did quite well in the 2022 Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #17. Bryant University is located in Smithfield, Rhode Island and, has a small student population. In 2019-2020, this school awarded 8 bachelors’s applied economics degrees to qualified students.

As a testament to the quality of education offered at Bryant, the school also landed the #10 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $39,234 for Bachelor’s Degree Applied Economics students with aid per year to attend Bryant.

The low student loan default rate of 2.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.

Read full report on Applied Economics at Bryant

#18

University of San Francisco

San Francisco, California
#8 in overall quality

University of San Francisco ranked #18 on this year’s Best Value Applied Economics Schools for a Bachelor’s For Those Getting Aid list. USFCA is a fairly large school located in San Francisco, California that handed out 1 bachelors’s applied economics degrees in 2019-2020.

As a testament to the quality of education offered at USFCA, the school also landed the #8 spot in our “Best Applied Economics Bachelor’s Degree Schools” ranking. It costs about $36,424 for Bachelor’s Degree Applied Economics students with aid per year to attend University of San Francisco.

The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read full report on Applied Economics at University of San Francisco

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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