2023 Best Value Colleges for General Economics (Income $0-$30k) in Maine
2
Ranked Colleges
48
Degrees Awarded
$10,300
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 General Economics Schools in Maine For Those Making $0-$30k” ranking is part of that endeavor.
General Economics is the 29th most popular major in the country with 28,837 degrees awarded in 2020-2021.
Across Maine, there were 48 general economics graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value General Economics Schools in Maine For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree 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.
Some of the factors we look at when determining these rankings are overall quality of the general economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
More Ways to Rank General Economics Schools
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Economics Schools in Maine For Those Making $0-$30k” list, to help you choose the best school for you.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value General Economics Schools in Maine For Those Making $0-$30k
The colleges and universities below are the best for maine general economics students whose families make $0-$30k.
Top 2 Best Value Colleges for General Economics (Income $0-$30k) in Maine
You’ll be in good company if you decide to attend University of Southern Maine. It ranked #1 on our 2023 Best Value General Economics Schools in Maine For Those Making $0-$30k list. University of Southern Maine is a medium-sized public school situated in Portland, Maine. It awarded 19 ’s general economics degrees in 2020-2021.
University of Southern Maine not only placed well in this ranking. It is also #2 on our “Best General Economics Schools in Maine” list. It costs about $8,338 for Maine General Economics students whose families make $0-$30k per year to attend University of Southern Maine.
The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
Full University of Southern Maine General Economics Report
Out of the 2 schools in the Best Value General Economics Schools in Maine For Those Making $0-$30k that were part of this year’s ranking, University of Maine landed the #2 spot on the list. UMaine is a fairly large school located in Orono, Maine that handed out 29 ’s general economics degrees in 2020-2021.
UMaine not only placed well in this ranking. It is also #1 on our “Best General Economics Schools in Maine” list. The yearly cost to attend UMaine is $12,218 for Maine General Economics students whose families make $0-$30k.
The low undergrad student loan default rate of 4.0% 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%.
Full University of Maine General Economics Report
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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
- *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
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