2022 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Ohio
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. 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 Ohio, there were 1,215 economics graduates with average earnings and debt of $43,560 and $23,710 respectively. At the bachelor’s degree level specifically, there were 1,001 economics graduates with average earnings and debt of $38,281 and $26,151 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k” ranking looked at 26 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great 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 economics program at the school. Check out our ranking methodology for more information.
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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 Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k
The colleges and universities below are the best for ohio bachelor’s degree economics students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Ohio
Out of the 26 schools in the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k that were part of this year’s ranking, Ohio State University - Main Campus landed the #1 spot on the list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s economics degrees to 304 students in 2019-2020.
Ohio State also made our “Best Economics Bachelor’s Degree Schools in Ohio” list, coming in at #5. The estimated yearly cost for Ohio State is $8,194 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at Ohio State University - Main Campus
Out of the 26 schools in the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k that were part of this year’s ranking, Oberlin College landed the #2 spot on the list. Oberlin is a small school located in Oberlin, Ohio that handed out 36 bachelors’s economics degrees in 2019-2020.
In addition to being on our ohio bachelor’s degree economics students whose families make $0-$30k list, Oberlin has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Oberlin is $9,037 for ohio bachelor’s degree economics students whose families make $0-$30k.
The low student loan default rate of 1.7% 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 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend Denison University. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. Denison is a private not-for-profit institution located in Granville, Ohio. The school has a small population, and it awarded 78 bachelors’s degrees in 2019-2020.
Denison did well in our major quality rankings, too. It placed #1 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Denison University is $18,990 for ohio bachelor’s degree economics students whose families make $0-$30k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 2.4% 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 join some of the best and brightest minds around if you attend Kenyon College. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k. Kenyon is a small private not-for-profit school situated in Gambier, Ohio. It awarded 38 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Kenyon, the school also landed the #4 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Kenyon is $12,582 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. 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%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Out of the 26 schools in the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k that were part of this year’s ranking, Miami University - Oxford landed the #5 spot on the list. Located in Oxford, Ohio, this fairly large public school awarded 160 degrees to qualified bachelors’s economics students in 2019-2020.
Miami University - Oxford also made our “Best Economics Bachelor’s Degree Schools in Ohio” list, coming in at #6. The yearly cost to attend Miami University - Oxford is $13,759 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Case Western Reserve University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #6. This fairly large school is located in Cleveland, Ohio, and it awarded 63 bachelors’s economics degrees in 2019-2020.
In addition to being on our ohio bachelor’s degree economics students whose families make $0-$30k list, Case Western has also earned the #3 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. It costs about $18,708 for ohio bachelor’s degree economics students whose families make $0-$30k per year to attend Case Western Reserve University.
The student loan default rate at the school is 1.4%, 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.
The College of Wooster came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. Wooster College is located in Wooster, Ohio and, has a small student population. In 2019-2020, this school awarded 12 bachelors’s economics degrees to qualified students.
In addition to being on our ohio bachelor’s degree economics students whose families make $0-$30k list, Wooster College has also earned the #10 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. It costs about $14,942 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k per year to attend The College of Wooster.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. 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%.
Youngstown State University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #8. Youngstown State University is located in Youngstown, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 3 bachelors’s economics degrees to qualified students.
The estimated yearly cost for Youngstown State University is $9,069 for ohio bachelor’s degree economics students whose families make $0-$30k.
Wright State University - Main Campus did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #9. Wright State University - Main Campus is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 2 bachelors’s degrees in 2019-2020.
Wright State University - Main Campus not only placed well in this ranking. It is also #20 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Wright State University - Main Campus is $13,460 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
University of Cincinnati - Main Campus landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. University of Cincinnati - Main Campus is a public institution located in Cincinnati, Ohio. The school has a large population, and it awarded 51 bachelors’s degrees in 2019-2020.
UC also took the #12 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The estimated yearly cost for University of Cincinnati - Main Campus is $15,078 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Read full report on Economics at University of Cincinnati - Main Campus
Bowling Green State University - Main Campus did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #11. Bowling Green State University - Main Campus is a public institution located in Bowling Green, Ohio. The school has a fairly large population, and it awarded 21 bachelors’s degrees in 2019-2020.
BGSU not only placed well in this ranking. It is also #15 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for BGSU is $14,521 for ohio bachelor’s degree economics students whose families make $0-$30k.
Kent State University at Kent landed the #12 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. Kent, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s economics degrees to 28 students in 2019-2020.
Kent State not only placed well in this ranking. It is also #16 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Kent State University at Kent is $13,915 for ohio bachelor’s degree economics students whose families make $0-$30k.
With a ranking of #13, John Carroll University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. John Carroll is a private not-for-profit institution located in University Heights, Ohio. The school has a small population, and it awarded 15 bachelors’s degrees in 2019-2020.
John Carroll did well in our major quality rankings, too. It placed #8 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend John Carroll is $20,360 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #13, Wittenberg University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. Wittenberg is a small private not-for-profit school situated in Springfield, Ohio. It awarded 2 bachelors’s economics degrees in 2019-2020.
Wittenberg did well in our major quality rankings, too. It placed #14 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Wittenberg is $18,379 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
Cleveland State University came in at #15 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. Cleveland State University is a fairly large school located in Cleveland, Ohio that handed out 32 bachelors’s economics degrees in 2019-2020.
Cleveland State University not only placed well in this ranking. It is also #23 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Cleveland State University is $14,213 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
University of Akron Main Campus landed the #16 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. University of Akron Main Campus is located in Akron, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 16 bachelors’s economics degrees to qualified students.
University of Akron Main Campus did well in our major quality rankings, too. It placed #19 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. It costs about $14,816 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k per year to attend University of Akron Main Campus.
University of Dayton did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #17. UDayton is a private not-for-profit institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 25 bachelors’s degrees in 2019-2020.
UDayton also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend University of Dayton is $24,237 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Muskingum University landed the #18 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. Muskingum is located in New Concord, Ohio and, has a small student population. In 2019-2020, this school awarded 6 bachelors’s economics degrees to qualified students.
Muskingum also made our “Best Economics Bachelor’s Degree Schools in Ohio” list, coming in at #22. It costs about $15,664 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Muskingum University.
University of Toledo ranked #19 on this year’s Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. Toledo, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 17 students in 2019-2020.
University of Toledo did well in our major quality rankings, too. It placed #25 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. It costs about $14,516 for ohio bachelor’s degree economics students whose families make $0-$30k per year to attend University of Toledo.
Hiram College landed the #20 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking. This small school is located in Hiram, Ohio, and it awarded 1 bachelors’s economics degrees in 2019-2020.
Hiram did well in our major quality rankings, too. It placed #24 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Hiram is $21,421 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
With a ranking of #21, Capital University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. Capital is a private not-for-profit institution located in Columbus, Ohio. The school has a small population, and it awarded 3 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Capital, the school also landed the #11 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. It costs about $18,881 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Capital University.
The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
Ohio University - Athens Campus did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #22. This large school is located in Athens, Ohio, and it awarded 28 bachelors’s economics degrees in 2019-2020.
In addition to being on our ohio bachelor’s degree economics students whose families make $0-$30k list, OHIO Athens has also earned the #18 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. It costs about $17,584 for ohio bachelor’s degree economics students whose families make $0-$30k per year to attend Ohio University - Athens Campus.
Read more about Economics at Ohio University - Athens Campus
Ohio Wesleyan University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k ranking, coming in at #23. OWU is located in Delaware, Ohio and, has a small student population. In 2019-2020, this school awarded 8 bachelors’s economics degrees to qualified students.
OWU also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The estimated yearly cost for Ohio Wesleyan University is $21,679 for Ohio Bachelor’s Degree Economics students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #24, Ohio Dominican University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. Ohio Dominican University is located in Columbus, Ohio and, has a small student population. In 2019-2020, this school awarded 2 bachelors’s economics degrees to qualified students.
ODU not only placed well in this ranking. It is also #17 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend ODU is $18,734 for ohio bachelor’s degree economics students whose families make $0-$30k.
Ashland University ranked #25 on this year’s Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $0-$30k list. Located in Ashland, Ohio, this small private not-for-profit school awarded 3 degrees to qualified bachelors’s economics students in 2019-2020.
In addition to being on our ohio bachelor’s degree economics students whose families make $0-$30k list, Ashland has also earned the #21 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Ashland University is $15,675 for ohio bachelor’s degree economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.
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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.
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- Credit for the banner image above goes to pixabay.
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