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

3 Ranked Colleges
66 Degrees Awarded
$19,900 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Alabama For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $30-$48k” ranking.

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 Alabama, there were 71 economics graduates with average earnings and debt of $0 and $20,750 respectively. At the bachelor’s degree level specifically, there were 66 economics graduates with average earnings and debt of $37,191 and $26,651 respectively.

For this year’s “Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $30-$48k” ranking, we looked at 3 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

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $30-$48k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. 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 for a Bachelor’s in Alabama For Those Making $30-$48k

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

Top 3 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Alabama

#1

Auburn University

Auburn, Alabama

You’ll be in good company if you decide to attend Auburn University. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $30-$48k list. Auburn is located in Auburn, Alabama and, has a large student population. In 2019-2020, this school awarded 24 bachelors’s economics degrees to qualified students.

In addition to being on our alabama bachelor’s degree economics students whose families make $30-$48k list, Auburn has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in Alabama” ranking. The estimated yearly cost for Auburn is $20,326 for alabama 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.

Read full report on Economics at Auburn

#2

Troy University

Troy, Alabama
#3 in overall quality

Out of the 3 schools in the Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $30-$48k that were part of this year’s ranking, Troy University landed the #2 spot on the list. Located in Troy, Alabama, this fairly large public school awarded 4 degrees to qualified bachelors’s economics students in 2019-2020.

TROY not only placed well in this ranking. It is also #3 on our “Best Economics Bachelor’s Degree Schools in Alabama” list. The estimated yearly cost for TROY is $16,457 for alabama bachelor’s degree economics students whose families make $30-$48k.

Full Troy University Economics Report

#3

Samford University

Birmingham, Alabama
#2 in overall quality

You’ll be in good company if you decide to attend Samford University. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Alabama For Those Making $30-$48k list. This medium-sized school is located in Birmingham, Alabama, and it awarded 5 bachelors’s economics degrees in 2019-2020.

Samford not only placed well in this ranking. It is also #2 on our “Best Economics Bachelor’s Degree Schools in Alabama” list. It costs about $22,866 for alabama bachelor’s degree economics students whose families make $30-$48k per year to attend Samford University.

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 2.6%, which is much lower than the national rate of 10.1%.

Read more about Economics at Samford University

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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