2022 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in District of Columbia
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 District of Columbia 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 District of Columbia, there were 752 economics graduates with average earnings and debt of $57,629 and $37,003 respectively. At the bachelor’s degree level specifically, there were 487 economics graduates with average earnings and debt of $44,446 and $25,767 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k” ranking looked at 5 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.
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. See our ranking methodology to learn more.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k” list, to help you choose the best school for you.
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 Bachelor’s in District of Columbia For Those Making $30-$48k
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k.
Top 5 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in District of Columbia
Out of the 5 schools in the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k that were part of this year’s ranking, Georgetown University landed the #1 spot on the list. Georgetown University is a fairly large private not-for-profit school situated in Washington, District of Columbia. It awarded 179 bachelors’s economics degrees in 2019-2020.
Georgetown not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in District of Columbia” list. The estimated yearly cost for Georgetown is $8,678 for district of columbia bachelor’s degree economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.
Out of the 5 schools in the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k that were part of this year’s ranking, George Washington University landed the #2 spot on the list. Located in Washington, District of Columbia, this large private not-for-profit school awarded 176 diplomas to qualified bachelors’s economics students in 2019-2020.
As a testament to the quality of education offered at GWU, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in District of Columbia” ranking. The yearly cost to attend George Washington University is $17,924 for District of Columbia Bachelor’s Degree Economics students whose families make $30-$48k.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students. The low student loan default rate of 2.2% 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%.
Out of the 5 schools in the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k that were part of this year’s ranking, American University landed the #3 spot on the list. The American University is a private not-for-profit institution located in Washington, District of Columbia. The school has a fairly large population, and it awarded 90 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at The American University, the school also landed the #3 spot in our “Best Economics Bachelor’s Degree Schools in District of Columbia” ranking. The yearly cost to attend American University is $22,578 for district of columbia bachelor’s degree economics students whose families make $30-$48k.
With a freshman retention rate of 85%, 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%.
You’ll be in good company if you decide to attend Catholic University of America. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k list. Washington, District of Columbia is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 21 students in 2019-2020.
CUA also took the #4 spot in our “Best Economics Bachelor’s Degree Schools in District of Columbia” ranking. It costs about $26,211 for District of Columbia Bachelor’s Degree Economics students whose families make $30-$48k per year to attend CUA.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.8%, which is quite low when compared to the national default rate of 10.1%.
Out of the 5 schools in the Best Value Economics Schools for a Bachelor’s in District of Columbia For Those Making $30-$48k that were part of this year’s ranking, Howard University landed the #5 spot on the list. Howard is a fairly large school located in Washington, District of Columbia that handed out 20 bachelors’s economics degrees in 2019-2020.
Howard also made our “Best Economics Bachelor’s Degree Schools in District of Columbia” list, coming in at #5. The yearly cost to attend Howard is $39,858 for District of Columbia 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 90%.
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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.
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- Credit for the banner image above goes to pixabay.
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