2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k
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 General Economics Schools for a Bachelor’s For Those Making $30-$48k” ranking is part of that endeavor.
In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.
At the bachelor’s degree level specifically, there were 26,628 general economics graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k” ranking, we looked at 542 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.
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. For more information, check out our ranking methodology.
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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 General Economics Schools for a Bachelor’s For Those Making $30-$48k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 for a Bachelor’s For Those Making $30-$48k
The following schools top our list of the Best Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for General Economics (Income $30-$48k)
Out of the 542 schools in the Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Duke University landed the #1 spot on the list. This fairly large school is located in Durham, North Carolina, and it awarded 1 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Duke, the school also landed the #1 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Duke is $-1,314 for Bachelor’s Degree General Economics students whose families make $30-$48k. The negative number means the student will receive more financial aid on average than it costs to attend the school.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 6 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 University of Pennsylvania. The school came in at #2 for the Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k. University of Pennsylvania is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 180 bachelors’s general economics degrees to qualified students.
UPenn also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend University of Pennsylvania is $4,833 for Bachelor’s Degree General Economics students whose families make $30-$48k.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low student loan default rate of 1.4% 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Out of the 542 schools in the Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #3 spot on the list. Northwestern is a large school located in Evanston, Illinois that handed out 7 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #3 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $3,995 for bachelor’s degree general economics students whose families make $30-$48k per year to attend Northwestern.
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 excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Economics at Northwestern University
You’ll be in good company if you decide to attend Rice University. It ranked #4 on our 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. This medium-sized school is located in Houston, Texas, and it awarded 57 bachelors’s general economics degrees in 2019-2020.
Rice also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #5. The yearly cost to attend Rice University is $7,534 for Bachelor’s Degree General Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Out of the 542 schools in the Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Washington and Lee University landed the #5 spot on the list. Located in Lexington, Virginia, this small private not-for-profit school awarded 56 degrees to qualified bachelors’s general economics students in 2019-2020.
Washington and Lee also took the #16 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $2,039 for bachelor’s degree general economics students whose families make $30-$48k per year to attend Washington and Lee.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Read full report on General Economics at Washington and Lee University
With a ranking of #6, Washington University in St Louis did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. Saint Louis, Missouri is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 4 students in 2019-2020.
WUSTL also took the #9 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $6,248 for bachelor’s degree general economics students whose families make $30-$48k per year to attend Washington University in St Louis.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 7 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 1.4% 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 General Economics at Washington University in St Louis
With a ranking of #7, Cornell University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. This large school is located in Ithaca, New York, and it awarded 1 bachelors’s general economics degrees in 2019-2020.
Cornell not only placed well in this ranking. It is also #4 on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend Cornell is $7,518 for bachelor’s degree general economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. 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.
Columbia University in the City of New York landed the #8 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. New York, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 27 students in 2019-2020.
In addition to being on our bachelor’s degree general economics students whose families make $30-$48k list, Columbia has also earned the #6 rank in our “Best General Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Columbia is $4,287 for bachelor’s degree general economics students whose families make $30-$48k.
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-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 low student loan default rate of 2.1% 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%.
Johns Hopkins University landed the #9 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. Johns Hopkins University is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 112 bachelors’s general economics degrees to qualified students.
Johns Hopkins not only placed well in this ranking. It is also #8 on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for Johns Hopkins is $8,210 for Bachelor’s Degree General Economics students whose families make $30-$48k.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low student loan default rate of 1.3% 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%.
Swarthmore College came in at #10 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. Swarthmore, Pennsylvania is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 84 students in 2019-2020.
Swarthmore also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #15. The estimated yearly cost for Swarthmore is $8,701 for Bachelor’s Degree General Economics students whose families make $30-$48k.
With a student-to-faculty ratio of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
University of Michigan - Ann Arbor did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #11. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s general economics degrees to 586 students in 2019-2020.
In addition to being on our bachelor’s degree general economics students whose families make $30-$48k list, U-M has also earned the #10 rank in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $5,887 for bachelor’s degree general economics students whose families make $30-$48k per year to attend University of Michigan - Ann Arbor.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #12, University of Florida did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. Gainesville, Florida is the setting for this large institution of higher learning. The public school handed out bachelors’s general economics degrees to 319 students in 2019-2020.
UF also claimed a top spot on our “Best General Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. It costs about $4,069 for bachelor’s degree general economics students whose families make $30-$48k per year to attend UF.
The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Colgate University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #13. Colgate University is a private not-for-profit institution located in Hamilton, New York. The school has a small population, and it awarded 62 bachelors’s degrees in 2019-2020.
Colgate also took the #7 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Colgate is $8,958 for bachelor’s degree general economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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 school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Wake Forest University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #14. Wake Forest University is a medium-sized private not-for-profit school situated in Winston-Salem, North Carolina. It awarded 121 bachelors’s general economics degrees in 2019-2020.
Wake Forest University also took the #19 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend Wake Forest University is $5,981 for Bachelor’s Degree General Economics students whose families make $30-$48k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Read full report on General Economics at Wake Forest University
Boston College came in at #15 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. This fairly large school is located in Chestnut Hill, Massachusetts, and it awarded 12 bachelors’s general economics degrees in 2019-2020.
Boston College did well in our major quality rankings, too. It placed #11 on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend Boston College is $8,951 for Bachelor’s Degree General Economics students whose families make $30-$48k.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Hamilton College landed the #16 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. This small school is located in Clinton, New York, and it awarded 102 bachelors’s general economics degrees in 2019-2020.
Hamilton also took the #14 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend Hamilton is $11,385 for Bachelor’s Degree General Economics students whose families make $30-$48k.
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. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
University of North Carolina at Chapel Hill landed the #17 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. University of North Carolina at Chapel Hill is a large public school situated in Chapel Hill, North Carolina. It awarded 409 bachelors’s general economics degrees in 2019-2020.
UNC Chapel Hill also made our “Best General Economics Bachelor’s Degree Schools” list, coming in at #21. The estimated yearly cost for UNC Chapel Hill is $6,063 for bachelor’s degree general economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The low student loan default rate of 1.9% 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%.
University of Wisconsin - Madison landed the #18 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. This large school is located in Madison, Wisconsin, and it awarded 566 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education it offers, UW - Madison is also in the top of our “Best General Economics Bachelor’s Degree Schools” ranking. It’s ranked in the top 10% of all schools on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend UW - Madison is $6,860 for bachelor’s degree general economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
Georgetown University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #19. Located in Washington, District of Columbia, this fairly large private not-for-profit school handed out 137 diplomas to qualified bachelors’s general economics students in 2019-2020.
Georgetown not only placed well in this ranking. It is also #12 on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend Georgetown is $8,678 for Bachelor’s Degree General Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Haverford College ranked #20 on this year’s Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. Located in Haverford, Pennsylvania, this small private not-for-profit school handed out 38 degrees to qualified bachelors’s general economics students in 2019-2020.
As a testament to the quality of education offered at Haverford, the school also landed the #17 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. It costs about $6,498 for bachelor’s degree general economics students whose families make $30-$48k per year to attend Haverford.
The low student loan default rate of 0.9% 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%. The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
University of Virginia - Main Campus ranked #21 on this year’s Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. University of Virginia - Main Campus is a large school located in Charlottesville, Virginia that handed out 511 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at University of Virginia, the school also landed the #13 spot in our “Best General Economics Bachelor’s Degree Schools” ranking. The yearly cost to attend University of Virginia - Main Campus is $11,696 for bachelor’s degree general economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%.
Full University of Virginia - Main Campus General Economics Report
With a ranking of #22, University of Washington - Seattle Campus did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. University of Washington - Seattle Campus is a large public school situated in Seattle, Washington. It awarded 312 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education it offers, UW Seattle is also in the top of our “Best General Economics Bachelor’s Degree Schools” ranking. It’s ranked in the top 10% of all schools on our “Best General Economics Bachelor’s Degree Schools” list. The estimated yearly cost for University of Washington - Seattle Campus is $7,467 for bachelor’s degree general economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #23, William & Mary did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. William & Mary is a public institution located in Williamsburg, Virginia. The school has a medium-sized population, and it awarded 142 bachelors’s degrees in 2019-2020.
As a testament to the quality of education it offers, William & Mary is also in the top of our “Best General Economics Bachelor’s Degree Schools” ranking. It’s in the top 10% of all schools in this category. It costs about $4,963 for bachelor’s degree general economics students whose families make $30-$48k per year to attend William & Mary.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low student loan default rate of 1.0% 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%.
University of California - Los Angeles landed the #24 spot on the 2022 Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k ranking. Located in Los Angeles, California, this large public school handed out 131 diplomas to qualified bachelors’s general economics students in 2019-2020.
UCLA did well in our major quality rankings, too. It placed #18 on our “Best General Economics Bachelor’s Degree Schools” list. The yearly cost to attend University of California - Los Angeles is $9,254 for Bachelor’s Degree General Economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.
University of Illinois at Urbana-Champaign ranked #25 on this year’s Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 436 bachelors’s general economics degrees in 2019-2020.
On top of its placing in this ranking, UIUC also did well on our “Best General Economics Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for Bachelor’s Degree General Economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Read full report on General Economics at University of Illinois at Urbana-Champaign
Rest of the Best 50 in Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value General Economics Schools for a Bachelor’s For Those Making $30-$48k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | York College | Jamaica, NY |
| 52 | California State University - Fresno | Fresno, CA |
| 53 | University of California - Riverside | Riverside, CA |
| 54 | The University of West Florida | Pensacola, FL |
| 55 | Vassar College | Poughkeepsie, NY |
| 56 | Carleton College | Northfield, MN |
| 57 | Bryn Mawr College | Bryn Mawr, PA |
| 58 | California State University - Stanislaus | Turlock, CA |
| 59 | Lehman College | Bronx, NY |
| 60 | Dickinson College | Carlisle, PA |
| 61 | University of Central Florida | Orlando, FL |
| 62 | Gettysburg College | Gettysburg, PA |
| 63 | Missouri University of Science and Technology | Rolla, MO |
| 64 | University of North Texas | Denton, TX |
| 65 | University of Wisconsin - River Falls | River Falls, WI |
| Rank | College | Location |
|---|---|---|
| 66 | San Diego State University | San Diego, CA |
| 67 | California State University - Long Beach | Long Beach, CA |
| 68 | University of Georgia | Athens, GA |
| 69 | California State University - Northridge | Northridge, CA |
| 70 | Texas A&M University - College Station | College Station, TX |
| 71 | University of Wisconsin - La Crosse | La Crosse, WI |
| 72 | The University of Texas at Austin | Austin, TX |
| 73 | Arizona State University - Tempe | Tempe, AZ |
| 74 | Brooklyn College | Brooklyn, NY |
| 75 | University of Minnesota - Duluth | Duluth, MN |
| 76 | Washington State University | Pullman, WA |
| 77 | Connecticut College | New London, CT |
| 78 | Truman State University | Kirksville, MO |
| 79 | Franklin and Marshall College | Lancaster, PA |
| 80 | Iowa State University | Ames, IA |
| 81 | Utah State University | Logan, UT |
| 82 | College of Staten Island CUNY | Staten Island, NY |
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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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