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2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k

14 Ranked Colleges
752 Degrees Awarded
$11,600 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Indiana For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking - to help you make that 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 Indiana, there were 838 economics graduates with average earnings and debt of $50,043 and $21,777 respectively. At the bachelor’s degree level specifically, there were 752 economics graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking looked at 14 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and 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. Check out our ranking methodology for more information.

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 for a Bachelor’s in Indiana For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k

The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k.

Top 14 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, University of Notre Dame landed the #1 spot on the list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 243 diplomas to qualified bachelors’s economics students in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students whose families make $30-$48k list, Notre Dame has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,609 for indiana bachelor’s degree economics students whose families make $30-$48k per year to attend Notre Dame.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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 impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Read more about Economics at Notre Dame

#2

Purdue University - Main Campus

West Lafayette, Indiana

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Purdue University - Main Campus landed the #2 spot on the list. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 107 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Purdue, the school also landed the #3 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue is $5,879 for indiana bachelor’s degree economics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Full Purdue Economics Report

#3

Indiana University - Bloomington

Bloomington, Indiana

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k. Indiana University - Bloomington is a large school located in Bloomington, Indiana that handed out 133 bachelors’s economics degrees in 2019-2020.

IU Bloomington also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #4. The estimated yearly cost for Indiana University - Bloomington is $6,192 for indiana bachelor’s degree economics students whose families make $30-$48k.

The low student loan default rate of 4.3% 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 91%, which means students like the school well enough to return for a second year.

Full Indiana University - Bloomington Economics Report

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. IUPUI is a large public school situated in Indianapolis, Indiana. It awarded 24 bachelors’s economics degrees in 2019-2020.

IUPUI also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $6,315 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k.

Read more about Economics at IUPUI

#5

Ball State University

Muncie, Indiana
#7 in overall quality

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Ball State University landed the #5 spot on the list. Ball State University is a large school located in Muncie, Indiana that handed out 44 bachelors’s economics degrees in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #7 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Ball State is $10,487 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k.

Full Ball State University Economics Report

#6

Purdue University Fort Wayne

Fort Wayne, Indiana
#13 in overall quality

Purdue University Fort Wayne did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #6. Fort Wayne, Indiana 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.

As a testament to the quality of education offered at PFW, the school also landed the #13 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for PFW is $7,686 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k.

Read more about Economics at PFW

#7

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. University of Southern Indiana is located in Evansville, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 18 bachelors’s economics degrees to qualified students.

USI did well in our major quality rankings, too. It placed #11 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for University of Southern Indiana is $9,842 for indiana bachelor’s degree economics students whose families make $30-$48k.

The student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at University of Southern Indiana

#8

Indiana University - Southeast

New Albany, Indiana
#14 in overall quality

Indiana University - Southeast came in at #8 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. Indiana University - Southeast is a public institution located in New Albany, Indiana. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.

Indiana University - Southeast did well in our major quality rankings, too. It placed #14 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Indiana University - Southeast is $8,675 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k.

Full Indiana University - Southeast Economics Report

#9

DePauw University

Greencastle, Indiana

DePauw University landed the #9 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. DePauw University is a small school located in Greencastle, Indiana that handed out 63 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at DePauw, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend DePauw University is $19,206 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 89%, 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.

Read more about Economics at DePauw University

#10

Wabash College

Crawfordsville, Indiana

With a ranking of #10, Wabash College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Crawfordsville, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 22 students in 2019-2020.

Wabash also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Wabash is $13,875 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k.

The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. 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.

Read more about Economics at Wabash

#11

Indiana State University

Terre Haute, Indiana
#12 in overall quality

Indiana State University ranked #11 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Indiana State University is a fairly large school located in Terre Haute, Indiana that handed out 6 bachelors’s economics degrees in 2019-2020.

Indiana State also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #12. The estimated yearly cost for Indiana State is $11,182 for indiana bachelor’s degree economics students whose families make $30-$48k.

Read full report on Economics at Indiana State University

#12

Hanover College

Hanover, Indiana

Hanover College landed the #12 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. Hanover College is a small private not-for-profit school situated in Hanover, Indiana. It awarded 16 bachelors’s economics degrees in 2019-2020.

Hanover not only placed well in this ranking. It is also #6 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. It costs about $15,481 for Indiana Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Hanover College.

The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.

Read more about Economics at Hanover

#13

Valparaiso University

Valparaiso, Indiana

Valparaiso University ranked #13 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Valparaiso, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 11 students in 2019-2020.

Valpo did well in our major quality rankings, too. It placed #8 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Valpo is $14,913 for indiana bachelor’s degree economics students whose families make $30-$48k.

The low student loan default rate of 2.9% 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%.

Full Valparaiso University Economics Report

#14

University of Evansville

Evansville, Indiana
#10 in overall quality

University of Evansville did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #14. UE is a small school located in Evansville, Indiana that handed out 8 bachelors’s economics degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students whose families make $30-$48k list, UE has also earned the #10 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend University of Evansville is $16,370 for indiana bachelor’s degree economics students whose families make $30-$48k.

Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 3.3% 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 87%.

Full UE Economics Report

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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