2022 Best Value Colleges for General Economics (Income $30-$48k) 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 $30-$48k” ranking as one item you can use to help make this decision.
General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.
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 $30-$48k” ranking looked at 13 colleges that offer degrees in a bachelor’s in general economics. This ranking identifies schools with high-quality general 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 general economics program at the school. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Economics Schools in Maryland For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools 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 $30-$48k
The following schools top our list of the Best Best Value General Economics Schools in Maryland For Those Making $30-$48k.
Top 13 Best Value Colleges for General Economics (Income $30-$48k) in Maryland
You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #1 for the Best Value General Economics Schools in Maryland For Those Making $30-$48k. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 353 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Johns Hopkins, the school also landed the #1 spot in our “Best General Economics Schools in Maryland” ranking. The yearly cost to attend Johns Hopkins University is $8,210 for maryland general economics students whose families make $30-$48k.
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. 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 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 $30-$48k list. College Park, Maryland is the setting for this large institution of higher learning. The public school handed out ’s general economics degrees to 488 students in 2019-2020.
UMCP also took the #2 spot in our “Best General Economics Schools in Maryland” ranking. It costs about $12,128 for maryland general economics students whose families make $30-$48k per year to attend UMCP.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
You’ll join some of the best and brightest minds around if you attend St Mary’s College of Maryland. The school came in at #3 for the Best Value General Economics Schools in Maryland For Those Making $30-$48k. SMCM is a public institution located in St. Mary’s City, Maryland. The school has a small population, and it awarded 27 ’s degrees in 2019-2020.
SMCM not only placed well in this ranking. It is also #7 on our “Best General Economics Schools in Maryland” list. The estimated yearly cost for St Mary’s College of Maryland is $12,323 for maryland 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. The low student loan default rate of 3.4% 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%.
You’ll be in good company if you decide to attend Towson University. It ranked #4 on our 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k list. Towson is a large school located in Towson, Maryland that handed out 89 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Towson, the school also landed the #5 spot in our “Best General Economics Schools in Maryland” ranking. The yearly cost to attend Towson University is $12,632 for maryland general economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #5 for the Best Value General Economics Schools in Maryland For Those Making $30-$48k. University of Maryland - Baltimore County is located in Baltimore, Maryland and, has a fairly large student population. In 2019-2020, this school awarded 129 ’s general economics degrees to qualified students.
In addition to being on our maryland general economics students whose families make $30-$48k list, UMBC has also earned the #4 rank in our “Best General Economics Schools in Maryland” ranking. The estimated yearly cost for UMBC is $12,605 for maryland general economics students whose families make $30-$48k.
The low student loan default rate of 4.3% 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Salisbury University ranked #6 on this year’s Best Value General Economics Schools in Maryland For Those Making $30-$48k list. Salisbury, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out ’s general economics degrees to 22 students in 2019-2020.
Salisbury also took the #6 spot in our “Best General Economics Schools in Maryland” ranking. It costs about $15,294 for Maryland General Economics students whose families make $30-$48k per year to attend Salisbury University.
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%.
Frostburg State University came in at #7 in this year’s edition of the Best Value General Economics Schools in Maryland For Those Making $30-$48k ranking. Frostburg State University is a small public school situated in Frostburg, Maryland. It awarded 12 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Frostburg State, the school also landed the #11 spot in our “Best General Economics Schools in Maryland” ranking. It costs about $14,273 for Maryland General Economics students whose families make $30-$48k per year to attend Frostburg State University.
Washington College landed the #8 spot on the 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k ranking. Located in Chestertown, Maryland, this small private not-for-profit school handed out 33 diplomas to qualified ’s general economics students in 2019-2020.
As a testament to the quality of education offered at Washington College, the school also landed the #8 spot in our “Best General Economics Schools in Maryland” ranking. The estimated yearly cost for Washington College is $20,531 for maryland general economics students whose families make $30-$48k.
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%. 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.
With a ranking of #9, Morgan State University did quite well on the 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k list. Baltimore, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out ’s general economics degrees to 5 students 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. It costs about $14,776 for Maryland General Economics students whose families make $30-$48k per year to attend Morgan State.
Read more about General Economics at Morgan State University
Hood College did quite well in the 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k ranking, coming in at #10. Located in Frederick, Maryland, this small private not-for-profit school handed out 1 degrees to qualified ’s general economics students in 2019-2020.
Hood not only placed well in this ranking. It is also #12 on our “Best General Economics Schools in Maryland” list. The estimated yearly cost for Hood College is $15,268 for Maryland General Economics students whose families make $30-$48k.
Mount St Mary’s University did quite well in the 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k ranking, coming in at #11. The Mount is a small school located in Emmitsburg, Maryland that handed out 3 ’s general economics degrees in 2019-2020.
The Mount not only placed well in this ranking. It is also #9 on our “Best General Economics Schools in Maryland” list. The estimated yearly cost for The Mount is $28,160 for Maryland General Economics students whose families make $30-$48k.
McDaniel College did quite well in the 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k ranking, coming in at #12. McDaniel College is a small private not-for-profit school situated in Westminster, Maryland. It awarded 4 ’s general economics degrees in 2019-2020.
McDaniel did well in our major quality rankings, too. It placed #10 on our “Best General Economics Schools in Maryland” list. The estimated yearly cost for McDaniel is $11,875 for maryland general economics students whose families make $30-$48k.
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%.
Loyola University Maryland landed the #13 spot on the 2022 Best Value General Economics Schools in Maryland For Those Making $30-$48k ranking. Loyola University Maryland is a private not-for-profit institution located in Baltimore, Maryland. The school has a medium-sized population, and it awarded 11 ’s degrees in 2019-2020.
Loyola Maryland also took the #3 spot in our “Best General Economics Schools in Maryland” ranking. The yearly cost to attend Loyola University Maryland is $31,027 for maryland general economics students whose families make $30-$48k.
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.
- Best Value Colleges for General Economics (Income $30-$48k) in the Middle Atlantic Region
- Best Value Colleges for General Economics (Income $30-$48k)
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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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