2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Massachusetts For Those Making $30-$48k” ranking - to help you make that decision.
Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. 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 bachelor’s degree level specifically, there were 2,644 economics graduates with average earnings and debt of $42,887 and $24,387 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k” ranking looked at 30 colleges that offer degrees in a bachelor’s 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.
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Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k
The colleges and universities below are the best for massachusetts bachelor’s degree economics students whose families make $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Massachusetts
You’ll be in good company if you decide to attend Harvard University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Harvard is a large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 215 bachelors’s economics degrees in 2019-2020.
Harvard not only placed well in this ranking. It is also #2 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. It costs about $1,010 for massachusetts bachelor’s degree economics students whose families make $30-$48k per year to attend Harvard University.
The low student loan default rate of 1.1% 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 student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll be in good company if you decide to attend Williams College. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Williams is located in Williamstown, Massachusetts and, has a small student population. In 2019-2020, this school awarded 108 bachelors’s economics degrees to qualified students.
Williams not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. The estimated yearly cost for Williams College is $2,223 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k.
The low student loan default rate of 2.3% 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 90%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll be in good company if you decide to attend Amherst College. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. This small school is located in Amherst, Massachusetts, and it awarded 74 bachelors’s economics degrees in 2019-2020.
Amherst also made our “Best Economics Bachelor’s Degree Schools in Massachusetts” list, coming in at #3. The yearly cost to attend Amherst College is $4,423 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
Since the school has a student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The low student loan default rate of 3.8% 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%.
Out of the 30 schools in the Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k that were part of this year’s ranking, Boston College landed the #4 spot on the list. Boston College is located in Chestnut Hill, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 316 bachelors’s economics degrees to qualified students.
Boston College also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. It costs about $8,951 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Boston College.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.
You’ll be in good company if you decide to attend Tufts University. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Located in Medford, Massachusetts, this fairly large private not-for-profit school awarded 172 degrees to qualified bachelors’s economics students in 2019-2020.
Tufts did well in our major quality rankings, too. It placed #4 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. It costs about $6,516 for massachusetts bachelor’s degree economics students whose families make $30-$48k per year to attend Tufts.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.2%, 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.
Wellesley College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #6. Wellesley is a private not-for-profit institution located in Wellesley, Massachusetts. The school has a small population, and it awarded 82 bachelors’s degrees in 2019-2020.
In addition to being on our massachusetts bachelor’s degree economics students whose families make $30-$48k list, Wellesley has also earned the #6 rank in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for Wellesley is $4,519 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Northeastern University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #7. Northeastern University is a large private not-for-profit school situated in Boston, Massachusetts. It awarded 159 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Northeastern, the school also landed the #9 spot in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for Northeastern is $12,823 for massachusetts 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 97%. 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%.
Boston University landed the #8 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. This large school is located in Boston, Massachusetts, and it awarded 300 bachelors’s economics degrees in 2019-2020.
Boston U not only placed well in this ranking. It is also #10 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. The yearly cost to attend Boston University is $13,256 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
The low student loan default rate of 1.4% 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 student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
Smith College came in at #9 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Smith is a small school located in Northampton, Massachusetts that handed out 46 bachelors’s economics degrees in 2019-2020.
In addition to being on our massachusetts bachelor’s degree economics students whose families make $30-$48k list, Smith has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for Smith College is $10,169 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k.
The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
University of Massachusetts Amherst landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. UMass Amherst is a large public school situated in Amherst, Massachusetts. It awarded 310 bachelors’s economics degrees in 2019-2020.
In addition to being on our massachusetts bachelor’s degree economics students whose families make $30-$48k list, UMass Amherst has also earned the #12 rank in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for UMass Amherst is $14,474 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.8%, 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 89%.
College of the Holy Cross ranked #11 on this year’s Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Located in Worcester, Massachusetts, this small private not-for-profit school awarded 112 diplomas to qualified bachelors’s economics students in 2019-2020.
Holy Cross also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for Holy Cross is $19,031 for Massachusetts 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 student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 89%, the school does an excellent job of retaining its students.
Mount Holyoke College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #12. This small school is located in South Hadley, Massachusetts, and it awarded 40 bachelors’s economics degrees in 2019-2020.
In addition to being on our massachusetts bachelor’s degree economics students whose families make $30-$48k list, Mt. Holyoke has also earned the #11 rank in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend Mt. Holyoke is $17,192 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. 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.
Brandeis University landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Waltham, Massachusetts is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 151 students in 2019-2020.
Brandeis not only placed well in this ranking. It is also #8 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. It costs about $16,074 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Brandeis.
The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. 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.
With a ranking of #14, Fitchburg State University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Fitchburg State University is a public institution located in Fitchburg, Massachusetts. The school has a medium-sized population, and it awarded 5 bachelors’s degrees in 2019-2020.
Fitchburg State not only placed well in this ranking. It is also #24 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. It costs about $13,208 for massachusetts bachelor’s degree economics students whose families make $30-$48k per year to attend Fitchburg State University.
With a ranking of #15, Westfield State University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Westfield is a medium-sized school located in Westfield, Massachusetts that handed out 29 bachelors’s economics degrees in 2019-2020.
Westfield not only placed well in this ranking. It is also #20 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. The yearly cost to attend Westfield is $14,071 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k.
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%.
University of Massachusetts - Lowell did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #16. University of Massachusetts - Lowell is a fairly large school located in Lowell, Massachusetts that handed out 37 bachelors’s economics degrees in 2019-2020.
UMass Lowell also took the #22 spot in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. It costs about $12,330 for massachusetts bachelor’s degree economics students whose families make $30-$48k per year to attend University of Massachusetts - Lowell.
The low student loan default rate of 4.4% 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%.
University of Massachusetts - Boston did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #17. University of Massachusetts - Boston is a public institution located in Boston, Massachusetts. The school has a fairly large population, and it awarded 131 bachelors’s degrees in 2019-2020.
The yearly cost to attend UMass Boston is $15,055 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
Read full report on Economics at University of Massachusetts - Boston
With a ranking of #18, Worcester State University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Worcester State University is a public institution located in Worcester, Massachusetts. The school has a medium-sized population, and it awarded 12 bachelors’s degrees in 2019-2020.
The yearly cost to attend Worcester State is $16,781 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
Wheaton College Massachusetts came in at #19 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Wheaton College Massachusetts is a private not-for-profit institution located in Norton, Massachusetts. The school has a small population, and it awarded 33 bachelors’s degrees in 2019-2020.
Wheaton College Massachusetts did well in our major quality rankings, too. It placed #15 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. The yearly cost to attend Wheaton College Massachusetts is $22,008 for Massachusetts 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 low student loan default rate of 3.1% 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%.
Bridgewater State University ranked #20 on this year’s Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Bridgewater State is located in Bridgewater, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 35 bachelors’s economics degrees to qualified students.
The yearly cost to attend Bridgewater State University is $14,707 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
With a ranking of #21, Clark University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. This small school is located in Worcester, Massachusetts, and it awarded 44 bachelors’s economics degrees in 2019-2020.
Clark not only placed well in this ranking. It is also #18 on our “Best Economics Bachelor’s Degree Schools in Massachusetts” list. The estimated yearly cost for Clark University is $20,581 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
The low student loan default rate of 1.8% 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%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Framingham State University came in at #22 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Framingham State University is located in Framingham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 9 bachelors’s economics degrees to qualified students.
The estimated yearly cost for Framingham State University is $16,490 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
Read full report on Economics at Framingham State University
University of Massachusetts - Dartmouth came in at #23 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Located in North Dartmouth, Massachusetts, this medium-sized public school awarded 12 diplomas to qualified bachelors’s economics students in 2019-2020.
In addition to being on our massachusetts bachelor’s degree economics students whose families make $30-$48k list, UMass Dartmouth has also earned the #25 rank in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts - Dartmouth is $15,219 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k.
Salem State University landed the #24 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Located in Salem, Massachusetts, this medium-sized public school handed out 13 diplomas to qualified bachelors’s economics students in 2019-2020.
The estimated yearly cost for Salem State is $16,416 for massachusetts bachelor’s degree economics students whose families make $30-$48k.
Stonehill College came in at #25 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Stonehill is a private not-for-profit institution located in Easton, Massachusetts. The school has a small population, and it awarded 22 bachelors’s degrees in 2019-2020.
Stonehill also took the #13 spot in our “Best Economics Bachelor’s Degree Schools in Massachusetts” ranking. It costs about $24,386 for Massachusetts Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Stonehill College.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
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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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