2023 Best Value Economics Schools in Maine For Those Making $0-$30k
5
Ranked Colleges
256
Degrees Awarded
$6,600
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Economics Schools in Maine For Those Making $0-$30k” ranking as one item you can use to help make this decision.
Economics is the 19th most popular major in the country with 49,055 degrees awarded in 2020-2021. 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 Maine, there were 256 economics graduates with average earnings and debt of $51,700 and $19,063 respectively.
This year’s “Best Value Economics Schools in Maine For Those Making $0-$30k” ranking analyzed 5 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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.
More Ways to Rank Economics Schools
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 Maine For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 Maine For Those Making $0-$30k
The colleges and universities below are the best for maine economics students whose families make $0-$30k.
Top 5 Best Value Colleges for Economics (Income $0-$30k) in Maine
You’ll join some of the best and brightest minds around if you attend Colby College. The school came in at #1 for the Best Value Economics Schools in Maine For Those Making $0-$30k. Waterville, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 74 students in 2020-2021.
As a testament to the quality of education offered at Colby, the school also landed the #3 spot in our “Best Economics Schools in Maine” ranking. It costs about $2,648 for maine economics students whose families make $0-$30k per year to attend Colby.
The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Read full report on Economics at Colby College
You’ll be in good company if you decide to attend Bowdoin College. It ranked #2 on our 2023 Best Value Economics Schools in Maine For Those Making $0-$30k list. Bowdoin is a small school located in Brunswick, Maine that handed out 72 ’s economics degrees in 2020-2021.
Bowdoin not only placed well in this ranking. It is also #1 on our “Best Economics Schools in Maine” list. It costs about $5,626 for Maine Economics students whose families make $0-$30k per year to attend Bowdoin.
The school has an excellent freshman retention rate of 86%, 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%. The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Economics at Bowdoin
Out of the 5 schools in the Best Value Economics Schools in Maine For Those Making $0-$30k that were part of this year’s ranking, Bates College landed the #3 spot on the list. Bates is located in Lewiston, Maine and, has a small student population. In 2020-2021, this school awarded 54 ’s economics degrees to qualified students.
In addition to being on our maine economics students whose families make $0-$30k list, Bates has also earned the #2 rank in our “Best Economics Schools in Maine” ranking. It costs about $4,140 for maine economics students whose families make $0-$30k per year to attend Bates College.
The school has an impressive undergrad student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students.
Read more about Economics at Bates
You’ll be in good company if you decide to attend University of Southern Maine. It ranked #4 on our 2023 Best Value Economics Schools in Maine For Those Making $0-$30k list. University of Southern Maine is located in Portland, Maine and, has a medium-sized student population. In 2020-2021, this school awarded 19 ’s economics degrees to qualified students.
As a testament to the quality of education offered at University of Southern Maine, the school also landed the #5 spot in our “Best Economics Schools in Maine” ranking. The yearly cost to attend University of Southern Maine is $8,338 for Maine Economics students whose families make $0-$30k.
The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.
Full University of Southern Maine Economics Report
You’ll be in good company if you decide to attend University of Maine. It ranked #5 on our 2023 Best Value Economics Schools in Maine For Those Making $0-$30k list. This fairly large school is located in Orono, Maine, and it awarded 37 ’s economics degrees in 2020-2021.
UMaine also took the #4 spot in our “Best Economics Schools in Maine” ranking. The yearly cost to attend University of Maine is $12,218 for maine economics students whose families make $0-$30k.
The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at University of Maine
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