2022 Best Value Colleges for General Economics (Income $0-$30k) in Maryland
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value General Economics Schools in Maryland For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.
Across Maryland, there were 1,177 general economics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value General Economics Schools in Maryland For Those Making $0-$30k” ranking looked at 13 colleges that offer degrees in a bachelor’s in general economics. The schools that top this list are recognized because they have great general economics programs and cost less that 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 general economics program at the school. Check out our ranking methodology for more information.
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The general 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 General Economics Schools in Maryland For Those Making $0-$30k”.
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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value General Economics Schools in Maryland For Those Making $0-$30k
The following schools top our list of the Best Best Value General Economics Schools in Maryland For Those Making $0-$30k.
Top 13 Best Value Colleges for General Economics (Income $0-$30k) in Maryland
Out of the 13 schools in the Best Value General Economics Schools in Maryland For Those Making $0-$30k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Johns Hopkins is a large school located in Baltimore, Maryland that handed out 353 ’s general economics degrees in 2019-2020.
Johns Hopkins also took the #1 spot in our “Best General Economics Schools in Maryland” ranking. It costs about $3,526 for Maryland General Economics students whose families make $0-$30k per year to attend Johns Hopkins University.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. 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 General Economics at Johns Hopkins University
You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #2 on our 2022 Best Value General Economics Schools in Maryland For Those Making $0-$30k list. UMCP is located in College Park, Maryland and, has a large student population. In 2019-2020, this school awarded 488 ’s general economics degrees to qualified students.
In addition to being on our maryland general economics students whose families make $0-$30k list, UMCP has also earned the #2 rank in our “Best General Economics Schools in Maryland” ranking. It costs about $8,054 for maryland general economics students whose families make $0-$30k per year to attend University of Maryland - College Park.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about General Economics at University of Maryland - College Park
You’ll be in good company if you decide to attend St Mary’s College of Maryland. It ranked #3 on our 2022 Best Value General Economics Schools in Maryland For Those Making $0-$30k list. St. Mary’s City, Maryland is the setting for this small institution of higher learning. The public school handed out ’s general economics degrees to 27 students in 2019-2020.
SMCM also took the #7 spot in our “Best General Economics Schools in Maryland” ranking. The yearly cost to attend SMCM is $9,445 for Maryland General Economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll join some of the best and brightest minds around if you attend Towson University. The school came in at #4 for the Best Value General Economics Schools in Maryland For Those Making $0-$30k. Towson is a large school located in Towson, Maryland that handed out 89 ’s general economics degrees in 2019-2020.
Towson also took the #5 spot in our “Best General Economics Schools in Maryland” ranking. The estimated yearly cost for Towson University is $9,206 for maryland general economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 3.8% 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%.
Out of the 13 schools in the Best Value General Economics Schools in Maryland For Those Making $0-$30k that were part of this year’s ranking, University of Maryland - Baltimore County landed the #5 spot on the list. Baltimore, Maryland is the setting for this fairly large institution of higher learning. The public school handed out ’s general economics degrees to 129 students in 2019-2020.
UMBC also took the #4 spot in our “Best General Economics Schools in Maryland” ranking. It costs about $10,820 for Maryland General Economics students whose families make $0-$30k per year to attend University of Maryland - Baltimore County.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Salisbury University ranked #6 on this year’s Best Value General Economics Schools in Maryland For Those Making $0-$30k list. Salisbury University is a medium-sized school located in Salisbury, Maryland that handed out 22 ’s general economics degrees in 2019-2020.
Salisbury not only placed well in this ranking. It is also #6 on our “Best General Economics Schools in Maryland” list. The estimated yearly cost for Salisbury University is $11,432 for maryland general economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Frostburg State University came in at #7 in this year’s edition of the Best Value General Economics Schools in Maryland For Those Making $0-$30k ranking. Located in Frostburg, Maryland, this small public school awarded 12 diplomas to qualified ’s general economics students in 2019-2020.
Frostburg State did well in our major quality rankings, too. It placed #11 on our “Best General Economics Schools in Maryland” list. The yearly cost to attend Frostburg State University is $10,135 for Maryland General Economics students whose families make $0-$30k.
Washington College ranked #8 on this year’s Best Value General Economics Schools in Maryland For Those Making $0-$30k list. This small school is located in Chestertown, Maryland, and it awarded 33 ’s general economics degrees in 2019-2020.
Washington College also took the #8 spot in our “Best General Economics Schools in Maryland” ranking. It costs about $16,931 for Maryland General Economics students whose families make $0-$30k per year to attend Washington College.
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%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Morgan State University did quite well in the 2022 Best Value General Economics Schools in Maryland For Those Making $0-$30k ranking, coming in at #9. This medium-sized school is located in Baltimore, Maryland, and it awarded 5 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Morgan State, the school also landed the #13 spot in our “Best General Economics Schools in Maryland” ranking. The estimated yearly cost for Morgan State University is $14,297 for maryland general economics students whose families make $0-$30k.
Read full report on General Economics at Morgan State University
Hood College ranked #10 on this year’s Best Value General Economics Schools in Maryland For Those Making $0-$30k list. Frederick, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 1 students in 2019-2020.
Hood did well in our major quality rankings, too. It placed #12 on our “Best General Economics Schools in Maryland” list. The yearly cost to attend Hood is $14,381 for maryland general economics students whose families make $0-$30k.
McDaniel College landed the #11 spot on the 2022 Best Value General Economics Schools in Maryland For Those Making $0-$30k ranking. Located in Westminster, Maryland, this small private not-for-profit school handed out 4 degrees to qualified ’s general economics students in 2019-2020.
McDaniel not only placed well in this ranking. It is also #10 on our “Best General Economics Schools in Maryland” list. The yearly cost to attend McDaniel College is $7,365 for maryland general economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.
Mount St Mary’s University landed the #12 spot on the 2022 Best Value General Economics Schools in Maryland For Those Making $0-$30k ranking. Mount St Mary’s University is a small private not-for-profit school situated in Emmitsburg, Maryland. It awarded 3 ’s general economics degrees in 2019-2020.
In addition to being on our maryland general economics students whose families make $0-$30k list, The Mount has also earned the #9 rank in our “Best General Economics Schools in Maryland” ranking. The yearly cost to attend The Mount is $24,652 for Maryland General Economics students whose families make $0-$30k.
Read more about General Economics at Mount St Mary’s University
Loyola University Maryland ranked #13 on this year’s Best Value General Economics Schools in Maryland For Those Making $0-$30k list. This medium-sized school is located in Baltimore, Maryland, and it awarded 11 ’s general economics degrees in 2019-2020.
Loyola Maryland not only placed well in this ranking. It is also #3 on our “Best General Economics Schools in Maryland” list. The estimated yearly cost for Loyola University Maryland is $29,156 for Maryland General Economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Read full report on General Economics at Loyola University Maryland
- Best Value Colleges for General Economics (Income $0-$30k) in the Middle Atlantic Region
- Best Value Colleges for General Economics (Income $0-$30k)
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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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