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2023 Best Value Colleges for Economics (Income $0-$30k) in Indiana

10 Ranked Colleges
891 Degrees Awarded
$11,300 Avg Net Price*
Best Value Economics Schools in Indiana For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. 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 in Indiana For Those Making $0-$30k” ranking.

In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.

Across Indiana, there were 891 economics graduates with average earnings and debt of $53,287 and $23,177 respectively.

For this year’s “Best Value Economics Schools in Indiana For Those Making $0-$30k” ranking, we looked at 10 colleges that offer a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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. See our ranking methodology to learn more.

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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 in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Economics Schools in Indiana For Those Making $0-$30k

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

Top 10 Best Value Colleges for Economics (Income $0-$30k) in Indiana

1
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #1 on our 2023 Best Value Economics Schools in Indiana For Those Making $0-$30k list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 260 degrees to qualified ’s economics students in 2020-2021.

Notre Dame also made our “Best Economics Schools in Indiana” list, coming in at #1. The yearly cost to attend University of Notre Dame is $9,872 for Indiana Economics students whose families make $0-$30k.

With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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 undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at University of Notre Dame

2
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Out of the 10 schools in the Best Value Economics Schools 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. Located in West Lafayette, Indiana, this large public school awarded 196 diplomas to qualified ’s economics students in 2020-2021.

Purdue not only placed well in this ranking. It is also #2 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for Purdue is $5,995 for indiana economics students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Read more about Economics at Purdue

3

Out of the 10 schools in the Best Value Economics Schools 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. This large school is located in Bloomington, Indiana, and it awarded 140 ’s economics degrees in 2020-2021.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #4 spot in our “Best Economics Schools in Indiana” ranking. The estimated yearly cost for IU Bloomington is $5,752 for Indiana Economics students whose families make $0-$30k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Indiana University - Bloomington

4

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 in Indiana For Those Making $0-$30k. This large school is located in Indianapolis, Indiana, and it awarded 26 ’s economics degrees in 2020-2021.

As a testament to the quality of education offered at IUPUI, the school also landed the #8 spot in our “Best Economics Schools in Indiana” ranking. It costs about $7,026 for indiana economics students whose families make $0-$30k per year to attend Indiana University - Purdue University - Indianapolis.

The low undergrad 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%.

Read full report on Economics at Indiana University - Purdue University - Indianapolis

5
DePauw crest
DePauw University
Greencastle, Indiana

Out of the 10 schools in the Best Value Economics Schools in Indiana For Those Making $0-$30k that were part of this year’s ranking, DePauw University landed the #5 spot on the list. DePauw is a private not-for-profit institution located in Greencastle, Indiana. The school has a small population, and it awarded 90 ’s degrees in 2020-2021.

DePauw not only placed well in this ranking. It is also #3 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for DePauw University is $19,503 for Indiana Economics students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full DePauw Economics Report

6
Ball State crest
Ball State University
Muncie, Indiana

Ball State University landed the #6 spot on the 2023 Best Value Economics Schools in Indiana For Those Making $0-$30k ranking. Ball State University is located in Muncie, Indiana and, has a large student population. In 2020-2021, this school awarded 43 ’s economics degrees to qualified students.

Ball State did well in our major quality rankings, too. It placed #7 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for Ball State is $8,273 for indiana economics students whose families make $0-$30k.

The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Ball State University

7

University of Southern Indiana did quite well in the 2023 Best Value Economics Schools in Indiana For Those Making $0-$30k ranking, coming in at #7. University of Southern Indiana is a medium-sized public school situated in Evansville, Indiana. It awarded 17 ’s economics degrees in 2020-2021.

USI did well in our major quality rankings, too. It placed #9 on our “Best Economics Schools in Indiana” list. The yearly cost to attend USI is $7,815 for indiana economics students whose families make $0-$30k.

The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Full USI Economics Report

8
Valpo crest
Valparaiso University
Valparaiso, Indiana

Valparaiso University did quite well in the 2023 Best Value Economics Schools in Indiana For Those Making $0-$30k ranking, coming in at #8. Valparaiso University is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 23 ’s degrees in 2020-2021.

Valpo not only placed well in this ranking. It is also #5 on our “Best Economics Schools in Indiana” list. It costs about $19,548 for indiana economics students whose families make $0-$30k per year to attend Valparaiso University.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Valparaiso University

9
Wabash crest
Wabash College
Crawfordsville, Indiana

Wabash College ranked #9 on this year’s Best Value Economics Schools in Indiana For Those Making $0-$30k list. Located in Crawfordsville, Indiana, this small private not-for-profit school awarded 21 degrees to qualified ’s economics students in 2020-2021.

Wabash also took the #6 spot in our “Best Economics Schools in Indiana” ranking. It costs about $16,637 for Indiana Economics students whose families make $0-$30k per year to attend Wabash.

The impressive undergraduate 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 low undergrad student loan default rate of 2.8% 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 Wabash College

10
Hanover crest
Hanover College
Hanover, Indiana

Hanover College landed the #10 spot on the 2023 Best Value Economics Schools in Indiana For Those Making $0-$30k ranking. Located in Hanover, Indiana, this small private not-for-profit school awarded 10 diplomas to qualified ’s economics students in 2020-2021.

In addition to being on our indiana economics students whose families make $0-$30k list, Hanover has also earned the #10 rank in our “Best Economics Schools in Indiana” ranking. The estimated yearly cost for Hanover is $13,015 for indiana economics students whose families make $0-$30k.

The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Hanover

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