2022 Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k” ranking - to help you make that decision.
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 District of Columbia, there were 752 economics graduates with average earnings and debt of $57,629 and $37,003 respectively. At the bachelor’s degree level specifically, there were 487 economics graduates with average earnings and debt of $44,446 and $25,767 respectively.
For this year’s “Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k” ranking, we looked at 5 colleges that offer a degree 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. 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 Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k.
Top 5 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in District of Columbia
You’ll be in good company if you decide to attend Georgetown University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k list. Georgetown University is located in Washington, District of Columbia and, has a fairly large student population. In 2019-2020, this school awarded 179 bachelors’s economics degrees to qualified students.
In addition to being on our district of columbia bachelor’s degree economics students whose families make $0-$30k list, Georgetown has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in District of Columbia” ranking. The estimated yearly cost for Georgetown is $5,248 for district of columbia 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 1.0%, which is quite low when compared to the national default rate of 10.1%.
Out of the 5 schools in the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k that were part of this year’s ranking, George Washington University landed the #2 spot on the list. George Washington University is a private not-for-profit institution located in Washington, District of Columbia. The school has a large population, and it awarded 176 bachelors’s degrees in 2019-2020.
GWU not only placed well in this ranking. It is also #2 on our “Best Economics Bachelor’s Degree Schools in District of Columbia” list. It costs about $17,614 for district of columbia bachelor’s degree economics students whose families make $0-$30k per year to attend George Washington University.
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%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.
Read full report on Economics at George Washington University
Out of the 5 schools in the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k that were part of this year’s ranking, American University landed the #3 spot on the list. The American University is located in Washington, District of Columbia and, has a fairly large student population. In 2019-2020, this school awarded 90 bachelors’s economics degrees to qualified students.
The American University also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in District of Columbia” ranking. The estimated yearly cost for The American University is $28,432 for District of Columbia 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%. 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 Catholic University of America. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k. Catholic University of America is located in Washington, District of Columbia and, has a medium-sized student population. In 2019-2020, this school awarded 21 bachelors’s economics degrees to qualified students.
In addition to being on our district of columbia bachelor’s degree economics students whose families make $0-$30k list, CUA has also earned the #4 rank in our “Best Economics Bachelor’s Degree Schools in District of Columbia” ranking. The yearly cost to attend CUA is $25,675 for District of Columbia Bachelor’s Degree Economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.8%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend Howard University. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $0-$30k list. Washington, District of Columbia is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 20 students in 2019-2020.
Howard did well in our major quality rankings, too. It placed #5 on our “Best Economics Bachelor’s Degree Schools in District of Columbia” list. The yearly cost to attend Howard University is $37,757 for District of Columbia Bachelor’s Degree Economics students whose families make $0-$30k.
With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
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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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