2022 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in New York
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Economics Schools for a Bachelor’s in New York 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 New York, there were 5,381 economics graduates with average earnings and debt of $46,641 and $20,214 respectively. At the bachelor’s degree level specifically, there were 4,714 economics graduates with average earnings and debt of $37,973 and $22,589 respectively.
For this year’s “Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k” ranking, we looked at 58 colleges that offer 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. For more information, check out our ranking methodology.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k” list to help you make the college 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. 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 New York For Those Making $0-$30k
The colleges and universities below are the best for new york bachelor’s degree economics students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in New York
You’ll be in good company if you decide to attend Cornell University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Cornell is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 169 bachelors’s degrees in 2019-2020.
Cornell also took the #1 spot in our “Best Economics Bachelor’s Degree Schools in New York” ranking. It costs about $7,484 for new york bachelor’s degree economics students whose families make $0-$30k per year to attend Cornell.
The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national 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. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Out of the 58 schools in the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k that were part of this year’s ranking, Baruch College landed the #2 spot on the list. Baruch is a fairly large school located in New York, New York that handed out 70 bachelors’s economics degrees in 2019-2020.
The yearly cost to attend Baruch is $1,858 for new york 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. 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%.
You’ll join some of the best and brightest minds around if you attend Hamilton College. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k. Hamilton is a small private not-for-profit school situated in Clinton, New York. It awarded 102 bachelors’s economics degrees in 2019-2020.
Hamilton also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in New York” ranking. The estimated yearly cost for Hamilton is $7,942 for new york bachelor’s degree economics students whose families make $0-$30k.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
Out of the 58 schools in the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k that were part of this year’s ranking, Columbia University in the City of New York landed the #4 spot on the list. Columbia is a large private not-for-profit school situated in New York, New York. It awarded 338 bachelors’s economics degrees in 2019-2020.
Columbia not only placed well in this ranking. It is also #2 on our “Best Economics Bachelor’s Degree Schools in New York” list. The yearly cost to attend Columbia is $8,916 for new york bachelor’s degree economics students whose families make $0-$30k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 6 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 2.1%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Hunter College. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Hunter College is located in New York, New York and, has a large student population. In 2019-2020, this school awarded 143 bachelors’s economics degrees to qualified students.
The yearly cost to attend Hunter is $320 for new york bachelor’s degree economics students whose families make $0-$30k.
The student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%.
Queens College came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. QC is a fairly large school located in Queens, New York that handed out 383 bachelors’s economics degrees in 2019-2020.
QC did well in our major quality rankings, too. It placed #25 on our “Best Economics Bachelor’s Degree Schools in New York” list. The estimated yearly cost for Queens College is $1,255 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
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%.
Colgate University ranked #7 on this year’s Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Colgate University is a small school located in Hamilton, New York that handed out 133 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Colgate, the school also landed the #3 spot in our “Best Economics Bachelor’s Degree Schools in New York” ranking. It costs about $9,752 for new york bachelor’s degree economics students whose families make $0-$30k per year to attend Colgate.
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. 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
John Jay College of Criminal Justice ranked #8 on this year’s Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. John Jay is a fairly large public school situated in New York, New York. It awarded 47 bachelors’s economics degrees in 2019-2020.
It costs about $771 for new york bachelor’s degree economics students whose families make $0-$30k per year to attend John Jay College of Criminal Justice.
Read full report on Economics at John Jay College of Criminal Justice
The City College of New York ranked #9 on this year’s Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. This fairly large school is located in New York, New York, and it awarded 84 bachelors’s economics degrees in 2019-2020.
The yearly cost to attend CCNY is $704 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
Vassar College landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. Vassar College is a small school located in Poughkeepsie, New York that handed out 49 bachelors’s economics degrees in 2019-2020.
Vassar also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in New York” ranking. The estimated yearly cost for Vassar is $8,186 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
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 school has an impressive student loan default rate. It’s only 1.5%, 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.
With a ranking of #11, York College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. York is a medium-sized public school situated in Jamaica, New York. It awarded 16 bachelors’s economics degrees in 2019-2020.
The yearly cost to attend York College is $1,826 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
Lehman College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking, coming in at #12. Located in Bronx, New York, this fairly large public school handed out 22 degrees to qualified bachelors’s economics students in 2019-2020.
The estimated yearly cost for Lehman is $234 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
Farmingdale State College landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. Farmingdale, New York is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 14 students in 2019-2020.
The yearly cost to attend Farmingdale State College is $3,469 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
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%.
St Lawrence University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking, coming in at #14. St Lawrence University is located in Canton, New York and, has a small student population. In 2019-2020, this school awarded 70 bachelors’s economics degrees to qualified students.
In addition to being on our new york bachelor’s degree economics students whose families make $0-$30k list, St. Lawrence has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in New York” ranking. It costs about $11,916 for New York Bachelor’s Degree Economics students whose families make $0-$30k per year to attend St Lawrence University.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Brooklyn College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking, coming in at #15. Brooklyn, New York 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.
The estimated yearly cost for Brooklyn College is $1,106 for new york bachelor’s degree economics students whose families make $0-$30k.
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%.
University of Rochester came in at #16 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. University of Rochester is a private not-for-profit institution located in Rochester, New York. The school has a fairly large population, and it awarded 115 bachelors’s degrees in 2019-2020.
In addition to being on our new york bachelor’s degree economics students whose families make $0-$30k list, University of Rochester has also earned the #8 rank in our “Best Economics Bachelor’s Degree Schools in New York” ranking. The estimated yearly cost for University of Rochester is $15,324 for new york bachelor’s degree economics students whose families make $0-$30k.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 1.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
College of Staten Island CUNY did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking, coming in at #17. College of Staten Island CUNY is located in Staten Island, New York and, has a fairly large student population. In 2019-2020, this school awarded 57 bachelors’s economics degrees to qualified students.
It costs about $3,109 for new york bachelor’s degree economics students whose families make $0-$30k per year to attend CSI.
Read full report on Economics at College of Staten Island CUNY
Skidmore College ranked #18 on this year’s Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Skidmore College is a small private not-for-profit school situated in Saratoga Springs, New York. It awarded 37 bachelors’s economics degrees in 2019-2020.
Skidmore not only placed well in this ranking. It is also #15 on our “Best Economics Bachelor’s Degree Schools in New York” list. The estimated yearly cost for Skidmore College is $9,372 for new york bachelor’s degree economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. 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 school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%.
Union College New York came in at #19 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. Union College is a private not-for-profit institution located in Schenectady, New York. The school has a small population, and it awarded 78 bachelors’s degrees in 2019-2020.
Union College also made our “Best Economics Bachelor’s Degree Schools in New York” list, coming in at #12. The yearly cost to attend Union College is $14,238 for new york 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. 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. The low student loan default rate of 1.4% 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%.
With a ranking of #20, Binghamton University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Binghamton University is a fairly large public school situated in Vestal, New York. It awarded 349 bachelors’s economics degrees in 2019-2020.
In addition to being on our new york bachelor’s degree economics students whose families make $0-$30k list, Binghamton University has also earned the #11 rank in our “Best Economics Bachelor’s Degree Schools in New York” ranking. The yearly cost to attend Binghamton University is $12,686 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
The student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
Stony Brook University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking, coming in at #21. This large school is located in Stony Brook, New York, and it awarded 311 bachelors’s economics degrees in 2019-2020.
SUNY Stony Brook did well in our major quality rankings, too. It placed #16 on our “Best Economics Bachelor’s Degree Schools in New York” list. The yearly cost to attend SUNY Stony Brook is $10,683 for new york bachelor’s degree economics students whose families make $0-$30k.
The low student loan default rate of 2.7% 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%. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
Hobart and William Smith Colleges ranked #22 on this year’s Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Hobart and William Smith Colleges is a small school located in Geneva, New York that handed out 72 bachelors’s economics degrees in 2019-2020.
The Colleges not only placed well in this ranking. It is also #9 on our “Best Economics Bachelor’s Degree Schools in New York” list. The yearly cost to attend The Colleges is $13,283 for New York Bachelor’s Degree Economics students whose families make $0-$30k.
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. The student loan default rate at the school is 3.8%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at Hobart and William Smith Colleges
University at Albany came in at #23 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. Albany, New York is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 288 students in 2019-2020.
As a testament to the quality of education offered at UAlbany, the school also landed the #20 spot in our “Best Economics Bachelor’s Degree Schools in New York” ranking. It costs about $13,123 for new york bachelor’s degree economics students whose families make $0-$30k per year to attend UAlbany.
SUNY Fredonia came in at #24 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k ranking. Located in Fredonia, New York, this small public school handed out 13 degrees to qualified bachelors’s economics students in 2019-2020.
The yearly cost to attend SUNY Fredonia is $10,770 for new york bachelor’s degree economics students whose families make $0-$30k.
The low student loan default rate of 4.5% 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%.
SUNY Geneseo ranked #25 on this year’s Best Value Economics Schools for a Bachelor’s in New York For Those Making $0-$30k list. Geneseo, New York is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 25 students in 2019-2020.
SUNY Geneseo not only placed well in this ranking. It is also #22 on our “Best Economics Bachelor’s Degree Schools in New York” list. The estimated yearly cost for SUNY Geneseo is $12,061 for new york bachelor’s degree economics students whose families make $0-$30k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default 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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