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

21 Ranked Colleges
236 Degrees Awarded
$28,500 Avg Grad Tuition & Fees*
Best Value Applied Economics Schools for a Master's 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 Applied Economics Schools for a Master’s For Those Getting Aid” ranking as one item you can use to help make this decision.

In 2019-2020, 652 people earned their degree in applied economics, making the major the 497th most popular in the United States.

At the master’s degree level specifically, there were 236 applied economics graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Applied Economics Schools for a Master’s For Those Getting Aid” ranking looked at 21 colleges that offer degrees in a bachelor’s in applied economics. Not only do the schools that top this list have excellent applied economics programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the applied economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Applied Economics Schools

The applied 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 “Best Value Applied Economics Schools for a Master’s For Those Getting Aid”.

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.

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

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

Top 21 Best Value Master’s Degree Colleges for Applied Economics (With Aid)

#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Applied Economics Schools for a Master’s For Those Getting Aid. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 46 masters’s applied economics degrees to qualified students.

U-M also took the #3 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Read more about Applied Economics at U-M

#2

University of California - Los Angeles

Los Angeles, California
#2 in overall quality

You’ll be in good company if you decide to attend University of California - Los Angeles. It ranked #2 on our 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. This large school is located in Los Angeles, California, and it awarded 42 masters’s applied economics degrees in 2019-2020.

UCLA also took the #2 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at UCLA are $28,131, but you may pay more or less depending on your major.

Read full report on Applied Economics at University of California - Los Angeles

#3

Florida State University

Tallahassee, Florida
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Florida State University. The school came in at #3 for the Best Value Applied Economics Schools for a Master’s For Those Getting Aid. Florida State University is located in Tallahassee, Florida and, has a large student population. In 2019-2020, this school awarded 23 masters’s applied economics degrees to qualified students.

In addition to being on our master’s degree applied economics students with aid list, Florida State has also earned the #7 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Florida State University are $26,707.

Read full report on Applied Economics at Florida State

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value Applied Economics Schools for a Master’s For Those Getting Aid. This large school is located in Chicago, Illinois, and it awarded 1 masters’s applied economics degrees in 2019-2020.

In addition to being on our master’s degree applied economics students with aid list, UIC has also earned the #0 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Full UIC Applied Economics Report

#12 in overall quality

Out of the 21 schools in the Best Value Applied Economics Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Whitewater landed the #5 spot on the list. This fairly large school is located in Whitewater, Wisconsin, and it awarded 2 masters’s applied economics degrees in 2019-2020.

UW - Whitewater also took the #12 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200, but some majors have different tuition rates.

Read full report on Applied Economics at UW - Whitewater

#6

University of Houston

Houston, Texas
#9 in overall quality

University of Houston came in at #6 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. UH is a large school located in Houston, Texas that handed out 24 masters’s applied economics degrees in 2019-2020.

UH also made our “Best Applied Economics Master’s Degree Schools” list, coming in at #9. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UH are $18,689.

Full UH Applied Economics Report

#7

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#5 in overall quality

University of Minnesota - Twin Cities ranked #7 on this year’s Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.

In addition to being on our master’s degree applied economics students with aid list, UMN Twin Cities has also earned the #5 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at UMN Twin Cities are $28,845, but you may pay more or less depending on your major.

Read full report on Applied Economics at University of Minnesota - Twin Cities

#8

Saint Cloud State University

Saint Cloud, Minnesota
#15 in overall quality

With a ranking of #8, Saint Cloud State University did quite well on the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. St. Cloud State University is a fairly large public school situated in Saint Cloud, Minnesota. It awarded 3 masters’s applied economics degrees in 2019-2020.

St. Cloud State University did well in our major quality rankings, too. It placed #15 on our “Best Applied Economics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at St. Cloud State University are $12,904.

Read more about Applied Economics at Saint Cloud State University

#13 in overall quality

With a ranking of #9, Utah State University did quite well on the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. Utah State University is a large school located in Logan, Utah that handed out 2 masters’s applied economics degrees in 2019-2020.

USU did well in our major quality rankings, too. It placed #13 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Utah State University are $22,598, but you may pay more or less depending on your major.

Full Utah State University Applied Economics Report

#10

University of Rhode Island

Kingston, Rhode Island
#10 in overall quality

University of Rhode Island ranked #10 on this year’s Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. Located in Kingston, Rhode Island, this fairly large public school handed out 2 degrees to qualified masters’s applied economics students in 2019-2020.

URI also made our “Best Applied Economics Master’s Degree Schools” list, coming in at #10. Average graduate tuition and fees at University of Rhode Island are $29,082, but some majors have different tuition rates.

Read more about Applied Economics at URI

#11

University at Buffalo

Buffalo, New York

University at Buffalo came in at #11 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. Buffalo, New York is the setting for this large institution of higher learning. The public school handed out masters’s applied economics degrees to 1 students in 2019-2020.

University at Buffalo did well in our major quality rankings, too. It placed #0 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at University at Buffalo are $26,028, but some majors have different tuition rates.

Read full report on Applied Economics at University at Buffalo

#12

Washington State University

Pullman, Washington
#8 in overall quality

With a ranking of #12, Washington State University did quite well on the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. This large school is located in Pullman, Washington, and it awarded 4 masters’s applied economics degrees in 2019-2020.

Wazzu also made our “Best Applied Economics Master’s Degree Schools” list, coming in at #8. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Washington State University are $27,561.

Full Washington State University Applied Economics Report

#13

Georgia Southern University

Statesboro, Georgia
#16 in overall quality

Georgia Southern University came in at #13 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. Georgia Southern University is a large school located in Statesboro, Georgia that handed out 9 masters’s applied economics degrees in 2019-2020.

GaSou also made our “Best Applied Economics Master’s Degree Schools” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Georgia Southern University are $22,004.

Read full report on Applied Economics at Georgia Southern University

#14

Buffalo State

Buffalo, New York
#19 in overall quality

Buffalo State did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking, coming in at #14. Buffalo State is a medium-sized public school situated in Buffalo, New York. It awarded 2 masters’s applied economics degrees in 2019-2020.

Buffalo State not only placed well in this ranking. It is also #19 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Buffalo State are $23,905, but you may pay more or less depending on your major.

Read full report on Applied Economics at Buffalo State

#15

Georgetown University

Washington, District of Columbia
#1 in overall quality

With a ranking of #15, Georgetown University did quite well on the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. Washington, District of Columbia is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s applied economics degrees to 28 students in 2019-2020.

Georgetown also made our “Best Applied Economics Master’s Degree Schools” list, coming in at #1. Average graduate tuition and fees at Georgetown University are $53,591, but you may pay more or less depending on your major.

Read full report on Applied Economics at Georgetown

#16

Eastern Michigan University

Ypsilanti, Michigan
#14 in overall quality

Eastern Michigan University came in at #16 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. Eastern Michigan University is a fairly large school located in Ypsilanti, Michigan that handed out 5 masters’s applied economics degrees in 2019-2020.

In addition to being on our master’s degree applied economics students with aid list, Eastern Michigan has also earned the #14 rank in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Eastern Michigan are $26,552, but some majors have different tuition rates.

Read more about Applied Economics at Eastern Michigan

#17

Montana State University

Bozeman, Montana
#18 in overall quality

Montana State University landed the #17 spot on the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. Bozeman, Montana is the setting for this fairly large institution of higher learning. The public school handed out masters’s applied economics degrees to 7 students in 2019-2020.

MSU Bozeman not only placed well in this ranking. It is also #18 on our “Best Applied Economics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Montana State University are $21,446.

Read full report on Applied Economics at MSU Bozeman

#18

University of Massachusetts - Boston

Boston, Massachusetts
#17 in overall quality

University of Massachusetts - Boston came in at #18 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. University of Massachusetts - Boston is located in Boston, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 4 masters’s applied economics degrees to qualified students.

UMass Boston not only placed well in this ranking. It is also #17 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at University of Massachusetts - Boston are $36,485, but some majors have different tuition rates.

Read more about Applied Economics at University of Massachusetts - Boston

#19

Oregon State University

Corvallis, Oregon
#11 in overall quality

Oregon State University came in at #19 in this year’s edition of the Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking. Oregon State is a large school located in Corvallis, Oregon that handed out 5 masters’s applied economics degrees in 2019-2020.

Oregon State not only placed well in this ranking. It is also #11 on our “Best Applied Economics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Oregon State University are $28,121.

Read more about Applied Economics at Oregon State University

#20

Marquette University

Milwaukee, Wisconsin
#6 in overall quality

Marquette University ranked #20 on this year’s Best Value Applied Economics Schools for a Master’s For Those Getting Aid list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 11 masters’s degrees in 2019-2020.

Marquette not only placed well in this ranking. It is also #6 on our “Best Applied Economics Master’s Degree Schools” list. Average graduate tuition and fees at Marquette University are $21,690, but you may pay more or less depending on your major.

Read more about Applied Economics at Marquette University

#4 in overall quality

Southern Methodist University did quite well in the 2022 Best Value Applied Economics Schools for a Master’s For Those Getting Aid ranking, coming in at #21. SMU is located in Dallas, Texas and, has a fairly large student population. In 2019-2020, this school awarded 4 masters’s applied economics degrees to qualified students.

As a testament to the quality of education offered at SMU, the school also landed the #4 spot in our “Best Applied Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Southern Methodist University are $47,478, but some majors have different tuition rates.

Full SMU Applied 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

  • *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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