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2022 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Ohio

26 Ranked Colleges
1,001 Degrees Awarded
$16,600 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Ohio For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

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 Ohio, there were 1,215 economics graduates with average earnings and debt of $43,560 and $23,710 respectively. At the bachelor’s degree level specifically, there were 1,001 economics graduates with average earnings and debt of $38,281 and $26,151 respectively.

For this year’s “Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k” ranking, we looked at 26 colleges that offer 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Ohio For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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

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

Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Ohio

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 304 bachelors’s degrees in 2019-2020.

Ohio State also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Ohio State is $10,037 for ohio bachelor’s degree economics students whose families make $30-$48k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Ohio State University - Main Campus

#2

Oberlin College

Oberlin, Ohio

Out of the 26 schools in the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k that were part of this year’s ranking, Oberlin College landed the #2 spot on the list. This small school is located in Oberlin, Ohio, and it awarded 36 bachelors’s economics degrees in 2019-2020.

In addition to being on our ohio bachelor’s degree economics students whose families make $30-$48k list, Oberlin has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Oberlin is $11,560 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Oberlin

#3

Denison University

Granville, Ohio

Out of the 26 schools in the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k that were part of this year’s ranking, Denison University landed the #3 spot on the list. Denison is located in Granville, Ohio and, has a small student population. In 2019-2020, this school awarded 78 bachelors’s economics degrees to qualified students.

Denison not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Denison University is $13,909 for ohio bachelor’s degree economics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Economics at Denison

You’ll be in good company if you decide to attend Case Western Reserve University. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Case Western Reserve University is a private not-for-profit institution located in Cleveland, Ohio. The school has a fairly large population, and it awarded 63 bachelors’s degrees in 2019-2020.

Case Western not only placed well in this ranking. It is also #3 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Case Western Reserve University is $19,034 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Case Western Reserve University

Out of the 26 schools in the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k that were part of this year’s ranking, Miami University - Oxford landed the #5 spot on the list. Miami University - Oxford is a fairly large school located in Oxford, Ohio that handed out 160 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Miami University - Oxford, the school also landed the #6 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. It costs about $17,692 for ohio bachelor’s degree economics students whose families make $30-$48k per year to attend Miami University - Oxford.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%.

Read full report on Economics at Miami University - Oxford

#6

Kenyon College

Gambier, Ohio

With a ranking of #6, Kenyon College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Gambier, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 38 students in 2019-2020.

Kenyon also made our “Best Economics Bachelor’s Degree Schools in Ohio” list, coming in at #4. It costs about $8,105 for ohio bachelor’s degree economics students whose families make $30-$48k per year to attend Kenyon College.

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. With a freshman retention rate of 89%, the school does an excellent job of retaining its students. The low student loan default rate of 1.2% 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 more about Economics at Kenyon

#7

Youngstown State University

Youngstown, Ohio

With a ranking of #7, Youngstown State University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Located in Youngstown, Ohio, this fairly large public school handed out 3 diplomas to qualified bachelors’s economics students in 2019-2020.

It costs about $9,784 for ohio bachelor’s degree economics students whose families make $30-$48k per year to attend Youngstown State University.

Read more about Economics at Youngstown State University

#8

John Carroll University

University Heights, Ohio

John Carroll University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking, coming in at #8. John Carroll is a small private not-for-profit school situated in University Heights, Ohio. It awarded 15 bachelors’s economics degrees in 2019-2020.

John Carroll did well in our major quality rankings, too. It placed #8 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for John Carroll is $21,949 for Ohio 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 John Carroll Economics Report

University of Cincinnati - Main Campus landed the #9 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Located in Cincinnati, Ohio, this large public school awarded 51 diplomas to qualified bachelors’s economics students in 2019-2020.

UC did well in our major quality rankings, too. It placed #12 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for University of Cincinnati - Main Campus is $18,106 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Read full report on Economics at UC

#20 in overall quality

Wright State University - Main Campus came in at #10 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Wright State University - Main Campus is a fairly large public school situated in Dayton, Ohio. It awarded 2 bachelors’s economics degrees in 2019-2020.

In addition to being on our ohio bachelor’s degree economics students whose families make $30-$48k list, Wright State University - Main Campus has also earned the #20 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Wright State University - Main Campus is $14,755 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Full Wright State University - Main Campus Economics Report

#11

The College of Wooster

Wooster, Ohio

The College of Wooster ranked #11 on this year’s Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. This small school is located in Wooster, Ohio, and it awarded 12 bachelors’s economics degrees in 2019-2020.

Wooster College did well in our major quality rankings, too. It placed #10 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Wooster College is $18,208 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Read more about Economics at The College of Wooster

Bowling Green State University - Main Campus ranked #12 on this year’s Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Bowling Green, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 21 students in 2019-2020.

As a testament to the quality of education offered at BGSU, the school also landed the #15 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend BGSU is $15,533 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Full Bowling Green State University - Main Campus Economics Report

#13

Ashland University

Ashland, Ohio
#21 in overall quality

Ashland University came in at #13 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Ashland is a private not-for-profit institution located in Ashland, Ohio. The school has a small population, and it awarded 3 bachelors’s degrees in 2019-2020.

Ashland did well in our major quality rankings, too. It placed #21 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Ashland University is $16,844 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

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%.

Read full report on Economics at Ashland

#14

Muskingum University

New Concord, Ohio
#22 in overall quality

Muskingum University came in at #14 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Muskingum University is a private not-for-profit institution located in New Concord, Ohio. The school has a small population, and it awarded 6 bachelors’s degrees in 2019-2020.

Muskingum not only placed well in this ranking. It is also #22 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Muskingum is $16,127 for ohio bachelor’s degree economics students whose families make $30-$48k.

Full Muskingum Economics Report

#16 in overall quality

Kent State University at Kent came in at #15 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Located in Kent, Ohio, this large public school handed out 28 diplomas to qualified bachelors’s economics students in 2019-2020.

Kent State did well in our major quality rankings, too. It placed #16 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. It costs about $15,374 for ohio bachelor’s degree economics students whose families make $30-$48k per year to attend Kent State University at Kent.

Read full report on Economics at Kent State

#16

Wittenberg University

Springfield, Ohio
#14 in overall quality

Wittenberg University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking, coming in at #16. Located in Springfield, Ohio, this small private not-for-profit school awarded 2 diplomas to qualified bachelors’s economics students in 2019-2020.

Wittenberg did well in our major quality rankings, too. It placed #14 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Wittenberg is $18,905 for ohio bachelor’s degree economics students whose families make $30-$48k.

Read full report on Economics at Wittenberg

#17

Cleveland State University

Cleveland, Ohio

Cleveland State University came in at #17 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Located in Cleveland, Ohio, this fairly large public school handed out 32 diplomas to qualified bachelors’s economics students in 2019-2020.

Cleveland State University not only placed well in this ranking. It is also #23 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Cleveland State University is $14,975 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Read more about Economics at Cleveland State University

University of Akron Main Campus landed the #18 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. Located in Akron, Ohio, this fairly large public school awarded 16 degrees to qualified bachelors’s economics students in 2019-2020.

University of Akron Main Campus did well in our major quality rankings, too. It placed #19 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend University of Akron Main Campus is $15,803 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Full University of Akron Main Campus Economics Report

#19

University of Toledo

Toledo, Ohio

University of Toledo came in at #19 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. University of Toledo is a fairly large school located in Toledo, Ohio that handed out 17 bachelors’s economics degrees in 2019-2020.

In addition to being on our ohio bachelor’s degree economics students whose families make $30-$48k list, University of Toledo has also earned the #25 rank in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. It costs about $15,153 for ohio bachelor’s degree economics students whose families make $30-$48k per year to attend University of Toledo.

Full University of Toledo Economics Report

#20

University of Dayton

Dayton, Ohio

With a ranking of #20, University of Dayton did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. This fairly large school is located in Dayton, Ohio, and it awarded 25 bachelors’s economics degrees in 2019-2020.

UDayton also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend University of Dayton is $23,351 for ohio bachelor’s degree economics students whose families make $30-$48k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at University of Dayton

#21

Hiram College

Hiram, Ohio
#24 in overall quality

Hiram College ranked #21 on this year’s Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Located in Hiram, Ohio, this small private not-for-profit school awarded 1 degrees to qualified bachelors’s economics students in 2019-2020.

As a testament to the quality of education offered at Hiram, the school also landed the #24 spot in our “Best Economics Bachelor’s Degree Schools in Ohio” ranking. The yearly cost to attend Hiram is $20,336 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Read full report on Economics at Hiram College

#22

Ohio Wesleyan University

Delaware, Ohio

Ohio Wesleyan University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking, coming in at #22. OWU is a small private not-for-profit school situated in Delaware, Ohio. It awarded 8 bachelors’s economics degrees in 2019-2020.

OWU did well in our major quality rankings, too. It placed #9 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The estimated yearly cost for Ohio Wesleyan University is $21,466 for ohio bachelor’s degree economics students whose families make $30-$48k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Economics at OWU

#23

Ohio Dominican University

Columbus, Ohio
#17 in overall quality

Ohio Dominican University ranked #23 on this year’s Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k list. Ohio Dominican University is a small school located in Columbus, Ohio that handed out 2 bachelors’s economics degrees in 2019-2020.

ODU did well in our major quality rankings, too. It placed #17 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. The yearly cost to attend Ohio Dominican University is $19,209 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k.

Full ODU Economics Report

#24

Capital University

Columbus, Ohio
#11 in overall quality

Capital University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking, coming in at #24. Capital University is a small private not-for-profit school situated in Columbus, Ohio. It awarded 3 bachelors’s economics degrees in 2019-2020.

Capital not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. It costs about $20,189 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Capital University.

The low student loan default rate of 4.8% 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 more about Economics at Capital University

Ohio University - Athens Campus landed the #25 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Ohio For Those Making $30-$48k ranking. OHIO Athens is a large public school situated in Athens, Ohio. It awarded 28 bachelors’s economics degrees in 2019-2020.

OHIO Athens did well in our major quality rankings, too. It placed #18 on our “Best Economics Bachelor’s Degree Schools in Ohio” list. It costs about $18,863 for Ohio Bachelor’s Degree Economics students whose families make $30-$48k per year to attend OHIO Athens.

Read full report on Economics at Ohio University - Athens Campus

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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