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2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k

10 Ranked Colleges
594 Degrees Awarded
$45,000 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Massachusetts For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Economics Schools for a Master’s in Massachusetts 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 Massachusetts, there were 3,354 economics graduates with average earnings and debt of $55,242 and $22,416 respectively. At the master’s degree level specifically, there were 594 economics graduates with average earnings and debt of $60,240 and $41,137 respectively.

This year’s “Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k” ranking analyzed 10 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.

When determining these rankings, we looked at things such as overall quality of the economics program at the school and the cost to attend the school once aid has been awarded. 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 Master’s in Massachusetts For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 Master’s in Massachusetts For Those Making $0-$30k

The colleges and universities below are the best for massachusetts master’s degree economics students whose families make $0-$30k.

Top 10 Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in Massachusetts

#1

Williams College

Williamstown, Massachusetts
#2 in overall quality
$59,350 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Williams College. The school came in at #1 for the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k. Williams College is a private not-for-profit institution located in Williamstown, Massachusetts. The school has a small population, and it awarded 27 masters’s degrees in 2019-2020.

Williams not only placed well in this ranking. It is also #2 on our “Best Economics Master’s Degree Schools in Massachusetts” list. Average graduate tuition and fees at Williams College are $59,350, but you may pay more or less depending on your major.

Read more about Economics at Williams

#2

Harvard University

Cambridge, Massachusetts
#1 in overall quality
$50,654 Avg Grad Tuition & Fees

Out of the 10 schools in the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k that were part of this year’s ranking, Harvard University landed the #2 spot on the list. This large school is located in Cambridge, Massachusetts, and it awarded 94 masters’s economics degrees in 2019-2020.

In addition to being on our massachusetts master’s degree economics students whose families make $0-$30k list, Harvard has also earned the #1 rank in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harvard are $50,654.

Full Harvard Economics Report

#3

Tufts University

Medford, Massachusetts
#5 in overall quality
$55,168 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Tufts University. The school came in at #3 for the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k. Tufts University is located in Medford, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 25 masters’s economics degrees to qualified students.

Tufts also took the #5 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Tufts University are $55,168, but some majors have different tuition rates.

Full Tufts Economics Report

#4

Boston College

Chestnut Hill, Massachusetts
#3 in overall quality
$31,930 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Boston College. It ranked #4 on our 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k list. Boston College is a private not-for-profit institution located in Chestnut Hill, Massachusetts. The school has a fairly large population, and it awarded 45 masters’s degrees in 2019-2020.

Boston College also took the #3 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Boston College are $31,930, but you may pay more or less depending on your major.

Read full report on Economics at Boston College

#5

Northeastern University

Boston, Massachusetts
#6 in overall quality
$25,558 Avg Grad Tuition & Fees

Out of the 10 schools in the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k that were part of this year’s ranking, Northeastern University landed the #5 spot on the list. Northeastern is a large school located in Boston, Massachusetts that handed out 37 masters’s economics degrees in 2019-2020.

Northeastern also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #6. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northeastern are $25,558.

Read full report on Economics at Northeastern University

#6

Boston University

Boston, Massachusetts
#4 in overall quality
$57,666 Avg Grad Tuition & Fees
$50,856 Average Early-Career Earnings

With a ranking of #6, Boston University did quite well on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k list. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 160 students in 2019-2020.

Boston U also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #4. Average graduate tuition and fees at Boston U are $57,666, but some majors have different tuition rates.

Read full report on Economics at Boston University

#7

Brandeis University

Waltham, Massachusetts
#7 in overall quality
$52,060 Avg Grad Tuition & Fees
$54,948 Average Early-Career Earnings

Brandeis University landed the #7 spot on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k ranking. Brandeis University is a private not-for-profit institution located in Waltham, Massachusetts. The school has a medium-sized population, and it awarded 166 masters’s degrees in 2019-2020.

Brandeis also made our “Best Economics Master’s Degree Schools in Massachusetts” list, coming in at #7. Average graduate tuition and fees at Brandeis are $52,060, but you may pay more or less depending on your major.

Full Brandeis University Economics Report

#8

University of Massachusetts Amherst

Amherst, Massachusetts
#8 in overall quality
$32,341 Avg Grad Tuition & Fees

University of Massachusetts Amherst ranked #8 on this year’s Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k list. Located in Amherst, Massachusetts, this large public school handed out 29 diplomas to qualified masters’s economics students in 2019-2020.

UMass Amherst also took the #8 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at UMass Amherst are $32,341, but you may pay more or less depending on your major.

Full University of Massachusetts Amherst Economics Report

#9

University of Massachusetts - Boston

Boston, Massachusetts
$36,485 Avg Grad Tuition & Fees

With a ranking of #9, University of Massachusetts - Boston did quite well on the 2022 Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k list. UMass Boston is a fairly large school located in Boston, Massachusetts that handed out 4 masters’s economics degrees in 2019-2020.

UMass Boston also took the #0 spot in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at University of Massachusetts - Boston are $36,485, but some majors have different tuition rates.

Full University of Massachusetts - Boston Economics Report

#10

Clark University

Worcester, Massachusetts
#9 in overall quality
$47,730 Avg Grad Tuition & Fees

Clark University came in at #10 in this year’s edition of the Best Value Economics Schools for a Master’s in Massachusetts For Those Making $0-$30k ranking. Clark University is located in Worcester, Massachusetts and, has a small student population. In 2019-2020, this school awarded 6 masters’s economics degrees to qualified students.

In addition to being on our massachusetts master’s degree economics students whose families make $0-$30k list, Clark has also earned the #9 rank in our “Best Economics Master’s Degree Schools in Massachusetts” ranking. Average graduate tuition and fees at Clark University are $47,730, but you may pay more or less depending on your major.

Read more about Economics at Clark

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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