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2022 Best Value Bachelor’s Degree Colleges for General Economics in Maryland

13 Ranked Colleges
913 Degrees Awarded
$22,600 Avg Net Price*
Best Value General Economics Schools for a Bachelor's in Maryland

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Economics Schools for a Bachelor’s in Maryland” ranking.

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. At the bachelor’s degree level specifically, there were 913 general economics graduates with average earnings and debt of $40,371 and $23,982 respectively.

This year’s “Best Value General Economics Schools for a Bachelor’s in Maryland” ranking looked at 13 colleges that offer degrees in a bachelor’s in general economics. Not only do the schools that top this list have excellent general economics programs, but they also 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.

More Ways to Rank General Economics Schools

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 for a Bachelor’s in Maryland”.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value General Economics Schools for a Bachelor’s in Maryland

The following schools top our list of the Best Best Value General Economics Schools for a Bachelor’s in Maryland.

Top 13 Best Value Bachelor’s Degree Colleges for General Economics in Maryland

#1

University of Maryland - College Park

College Park, Maryland
#2 in overall quality

You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #1 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland list. UMCP is a large school located in College Park, Maryland that handed out 465 bachelors’s general economics degrees in 2019-2020.

In addition to being on our maryland bachelor’s degree general economics students list, UMCP has also earned the #2 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $19,045 for Maryland Bachelor’s Degree General Economics students 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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read full report on General Economics at University of Maryland - College Park

#4 in overall quality

Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland that were part of this year’s ranking, University of Maryland - Baltimore County landed the #2 spot on the list. UMBC is a fairly large school located in Baltimore, Maryland that handed out 129 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at UMBC, the school also landed the #4 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - Baltimore County is $19,082 for maryland bachelor’s degree general economics students.

The school has an impressive student loan default rate. It’s only 4.3%, 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.

Full University of Maryland - Baltimore County General Economics Report

#3

Salisbury University

Salisbury, Maryland
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Salisbury University. The school came in at #3 for the Best Value General Economics Schools for a Bachelor’s in Maryland. Salisbury is a medium-sized school located in Salisbury, Maryland that handed out 22 bachelors’s general economics degrees in 2019-2020.

Salisbury also took the #6 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Salisbury is $19,617 for maryland bachelor’s degree general economics students.

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%.

Read full report on General Economics at Salisbury

#4

Towson University

Towson, Maryland
#5 in overall quality

You’ll be in good company if you decide to attend Towson University. It ranked #4 on our 2022 Best Value General Economics Schools for a Bachelor’s in Maryland list. This large school is located in Towson, Maryland, and it awarded 89 bachelors’s general economics degrees in 2019-2020.

In addition to being on our maryland bachelor’s degree general economics students list, Towson has also earned the #5 rank in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Towson is $18,233 for Maryland Bachelor’s Degree General Economics students.

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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.

Read more about General Economics at Towson University

#5

St Mary's College of Maryland

St. Mary's City, Maryland
#7 in overall quality

Out of the 13 schools in the Best Value General Economics Schools for a Bachelor’s in Maryland that were part of this year’s ranking, St Mary’s College of Maryland landed the #5 spot on the list. SMCM is a small school located in St. Mary’s City, Maryland that handed out 27 bachelors’s general economics degrees in 2019-2020.

SMCM also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #7. The estimated yearly cost for SMCM is $19,369 for maryland bachelor’s degree general economics students.

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 school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Read more about General Economics at SMCM

#6

Frostburg State University

Frostburg, Maryland
#11 in overall quality

Frostburg State University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland ranking, coming in at #6. Frostburg, Maryland is the setting for this small institution of higher learning. The public school handed out bachelors’s general economics degrees to 12 students in 2019-2020.

Frostburg State did well in our major quality rankings, too. It placed #11 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Frostburg State is $16,676 for maryland bachelor’s degree general economics students.

Full Frostburg State University General Economics Report

#7

Morgan State University

Baltimore, Maryland
#13 in overall quality

With a ranking of #7, Morgan State University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland list. Morgan State University is located in Baltimore, Maryland and, has a medium-sized student population. In 2019-2020, this school awarded 5 bachelors’s general economics degrees to qualified students.

Morgan State also took the #13 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Morgan State University is $17,619 for Maryland Bachelor’s Degree General Economics students.

Read full report on General Economics at Morgan State

#8

Mount St Mary's University

Emmitsburg, Maryland
#9 in overall quality

With a ranking of #8, Mount St Mary’s University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland list. Located in Emmitsburg, Maryland, this small private not-for-profit school awarded 3 degrees to qualified bachelors’s general economics students in 2019-2020.

The Mount also took the #9 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Mount St Mary’s University is $27,954 for Maryland Bachelor’s Degree General Economics students.

Read full report on General Economics at Mount St Mary’s University

#9

Hood College

Frederick, Maryland
#12 in overall quality

Hood College landed the #9 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland ranking. Hood is a small school located in Frederick, Maryland that handed out 1 bachelors’s general economics degrees in 2019-2020.

Hood did well in our major quality rankings, too. It placed #12 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. It costs about $23,767 for maryland bachelor’s degree general economics students per year to attend Hood College.

Read full report on General Economics at Hood College

#10

McDaniel College

Westminster, Maryland
#10 in overall quality

McDaniel College ranked #10 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland list. McDaniel is located in Westminster, Maryland and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s general economics degrees to qualified students.

As a testament to the quality of education offered at McDaniel, the school also landed the #10 spot in our “Best General Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for McDaniel College is $18,182 for Maryland Bachelor’s Degree General Economics students.

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%.

Read more about General Economics at McDaniel

#11

Johns Hopkins University

Baltimore, Maryland
#1 in overall quality

With a ranking of #11, Johns Hopkins University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland list. This large school is located in Baltimore, Maryland, and it awarded 112 bachelors’s general economics degrees in 2019-2020.

Johns Hopkins also made our “Best General Economics Bachelor’s Degree Schools in Maryland” list, coming in at #1. It costs about $29,342 for Maryland Bachelor’s Degree General Economics students per year to attend Johns Hopkins University.

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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Full Johns Hopkins University General Economics Report

#12

Washington College

Chestertown, Maryland
#8 in overall quality

With a ranking of #12, Washington College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Maryland list. Chestertown, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 33 students in 2019-2020.

Washington College did well in our major quality rankings, too. It placed #8 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Washington College is $28,638 for Maryland Bachelor’s Degree General Economics students.

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 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%.

Read full report on General Economics at Washington College

#13

Loyola University Maryland

Baltimore, Maryland
#3 in overall quality

Loyola University Maryland ranked #13 on this year’s Best Value General Economics Schools for a Bachelor’s in Maryland list. Located in Baltimore, Maryland, this medium-sized private not-for-profit school handed out 11 degrees to qualified bachelors’s general economics students in 2019-2020.

Loyola Maryland not only placed well in this ranking. It is also #3 on our “Best General Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Loyola University Maryland is $36,594 for Maryland Bachelor’s Degree General Economics students.

The student loan default rate at the school is 2.3%, which is quite low when compared to the national default 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 more about General Economics at Loyola University Maryland

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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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