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2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k

14 Ranked Colleges
752 Degrees Awarded
$9,900 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Indiana For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking.

Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.

Across Indiana, there were 838 economics graduates with average earnings and debt of $50,043 and $21,777 respectively. At the bachelor’s degree level specifically, there were 752 economics graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking analyzed 14 colleges that offered a degree in economics. Not only do the schools that top this list have excellent 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 economics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k.

Top 14 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k. This fairly large school is located in Notre Dame, Indiana, and it awarded 243 bachelors’s economics degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students whose families make $0-$30k list, Notre Dame has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend University of Notre Dame is $12,498 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

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 0.7%, which is quite low when compared to the national default rate of 10.1%. 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.

Read more about Economics at Notre Dame

#2

Purdue University - Main Campus

West Lafayette, Indiana

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #2 spot on the list. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 107 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Purdue, the school also landed the #3 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue University - Main Campus is $5,483 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Read more about Economics at Purdue University - Main Campus

#3

Indiana University - Bloomington

Bloomington, Indiana

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Bloomington landed the #3 spot on the list. Located in Bloomington, Indiana, this large public school awarded 133 degrees to qualified bachelors’s economics students in 2019-2020.

IU Bloomington not only placed well in this ranking. It is also #4 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. It costs about $4,969 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k per year to attend IU Bloomington.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Read more about Economics at Indiana University - Bloomington

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s economics degrees to 24 students in 2019-2020.

IUPUI not only placed well in this ranking. It is also #9 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. It costs about $5,052 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Indiana University - Purdue University - Indianapolis.

Full Indiana University - Purdue University - Indianapolis Economics Report

#5

Ball State University

Muncie, Indiana
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #5 for the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Ball State is a large school located in Muncie, Indiana that handed out 44 bachelors’s economics degrees in 2019-2020.

Ball State also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #7. The estimated yearly cost for Ball State University is $8,403 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

Read more about Economics at Ball State

#6

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. University of Southern Indiana is a fairly large school located in Evansville, Indiana that handed out 18 bachelors’s economics degrees in 2019-2020.

USI not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. It costs about $8,244 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k per year to attend University of Southern Indiana.

The low student loan default rate of 5.0% 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%.

Read full report on Economics at USI

#7

Purdue University Fort Wayne

Fort Wayne, Indiana
#13 in overall quality

Purdue University Fort Wayne ranked #7 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. PFW is a medium-sized public school situated in Fort Wayne, Indiana. It awarded 5 bachelors’s economics degrees in 2019-2020.

PFW not only placed well in this ranking. It is also #13 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Purdue University Fort Wayne is $7,129 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

Read more about Economics at Purdue University Fort Wayne

#8

Indiana University - Southeast

New Albany, Indiana
#14 in overall quality

With a ranking of #8, Indiana University - Southeast did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. New Albany, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 4 students in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students whose families make $0-$30k list, Indiana University - Southeast has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $6,697 for indiana bachelor’s degree economics students whose families make $0-$30k per year to attend Indiana University - Southeast.

Read more about Economics at Indiana University - Southeast

#9

Hanover College

Hanover, Indiana

Hanover College came in at #9 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Located in Hanover, Indiana, this small private not-for-profit school awarded 16 degrees to qualified bachelors’s economics students in 2019-2020.

Hanover also took the #6 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Hanover College is $16,539 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

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%.

Read full report on Economics at Hanover

#10

Indiana State University

Terre Haute, Indiana
#12 in overall quality

Indiana State University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #10. Located in Terre Haute, Indiana, this fairly large public school handed out 6 diplomas to qualified bachelors’s economics students in 2019-2020.

Indiana State also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #12. The estimated yearly cost for Indiana State University is $9,422 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

Read full report on Economics at Indiana State University

#11

DePauw University

Greencastle, Indiana

DePauw University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #11. DePauw is a small school located in Greencastle, Indiana that handed out 63 bachelors’s economics degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students whose families make $0-$30k list, DePauw has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for DePauw is $14,008 for indiana bachelor’s degree economics students whose families make $0-$30k.

With a freshman retention rate of 89%, the school does an excellent job of retaining its students. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 2.5% 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%.

Read more about Economics at DePauw

#12

Wabash College

Crawfordsville, Indiana

Wabash College ranked #12 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Wabash is located in Crawfordsville, Indiana and, has a small student population. In 2019-2020, this school awarded 22 bachelors’s economics degrees to qualified students.

In addition to being on our indiana bachelor’s degree economics students whose families make $0-$30k list, Wabash has also earned the #5 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Wabash College is $11,276 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

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 2.6%, which is much lower than the national rate of 10.1%.

Full Wabash Economics Report

#13

University of Evansville

Evansville, Indiana
#10 in overall quality

With a ranking of #13, University of Evansville did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in Evansville, Indiana, and it awarded 8 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at UE, the school also landed the #10 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend UE is $15,212 for indiana bachelor’s degree economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 10 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 87%, which means students like the school well enough to return for a second year.

Full UE Economics Report

#14

Valparaiso University

Valparaiso, Indiana

With a ranking of #14, Valparaiso University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Valpo is a small school located in Valparaiso, Indiana that handed out 11 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Valpo, the school also landed the #8 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Valpo is $13,588 for Indiana Bachelor’s Degree Economics students whose families make $0-$30k.

The low student loan default rate of 2.9% 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%.

Full Valpo Economics Report

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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