2022 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Rhode Island
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k” ranking is part of that endeavor.
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 Rhode Island, there were 391 economics graduates with average earnings and debt of $51,067 and $22,333 respectively. At the bachelor’s degree level specifically, there were 360 economics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k” ranking analyzed 7 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.
Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k.
Top 7 Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) in Rhode Island
You’ll join some of the best and brightest minds around if you attend Brown University. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k. Brown University is a medium-sized school located in Providence, Rhode Island that handed out 203 bachelors’s economics degrees in 2019-2020.
Brown also took the #1 spot in our “Best Economics Bachelor’s Degree Schools in Rhode Island” ranking. It costs about $201 for Rhode Island Bachelor’s Degree Economics students whose families make $0-$30k per year to attend Brown.
The low student loan default rate of 2.1% 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 92%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Out of the 7 schools in the Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k that were part of this year’s ranking, Rhode Island College landed the #2 spot on the list. Providence, Rhode Island is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s economics degrees to 5 students in 2019-2020.
RIC also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Rhode Island” ranking. The yearly cost to attend Rhode Island College is $7,691 for rhode island bachelor’s degree economics students whose families make $0-$30k.
You’ll join some of the best and brightest minds around if you attend University of Rhode Island. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k. Kingston, Rhode Island is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 61 students in 2019-2020.
URI also took the #6 spot in our “Best Economics Bachelor’s Degree Schools in Rhode Island” ranking. The estimated yearly cost for University of Rhode Island is $14,309 for rhode island 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 85%. The low student loan default rate of 4.2% 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%.
Out of the 7 schools in the Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k that were part of this year’s ranking, Providence College landed the #4 spot on the list. This small school is located in Providence, Rhode Island, and it awarded 48 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Providence, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Rhode Island” ranking. It costs about $19,328 for rhode island bachelor’s degree economics students whose families make $0-$30k per year to attend Providence.
The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
Out of the 7 schools in the Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k that were part of this year’s ranking, Salve Regina University landed the #5 spot on the list. This small school is located in Newport, Rhode Island, and it awarded 14 bachelors’s economics degrees in 2019-2020.
Salve Regina also made our “Best Economics Bachelor’s Degree Schools in Rhode Island” list, coming in at #3. The estimated yearly cost for Salve Regina University is $27,178 for rhode island 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%.
Roger Williams University landed the #6 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k ranking. Bristol, Rhode Island is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 18 students in 2019-2020.
RWU did well in our major quality rankings, too. It placed #5 on our “Best Economics Bachelor’s Degree Schools in Rhode Island” list. The estimated yearly cost for RWU is $27,136 for Rhode Island 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%.
Bryant University came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Rhode Island For Those Making $0-$30k ranking. Bryant University is a private not-for-profit institution located in Smithfield, Rhode Island. The school has a small population, and it awarded 11 bachelors’s degrees in 2019-2020.
Bryant also made our “Best Economics Bachelor’s Degree Schools in Rhode Island” list, coming in at #4. It costs about $32,455 for rhode island bachelor’s degree economics students whose families make $0-$30k per year to attend Bryant.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
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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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