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

11 Ranked Colleges
399 Degrees Awarded
$16,500 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Iowa For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Iowa 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 Iowa, there were 419 economics graduates with average earnings and debt of $42,700 and $19,983 respectively. At the bachelor’s degree level specifically, there were 399 economics graduates with average earnings and debt of $39,922 and $25,876 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k” ranking looked at 11 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. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Iowa For Those Making $30-$48k” list, to help you choose the best school for you.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 11 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Iowa

Out of the 11 schools in the Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k that were part of this year’s ranking, Iowa State University landed the #1 spot on the list. This large school is located in Ames, Iowa, and it awarded 47 bachelors’s economics degrees in 2019-2020.

Iowa State also took the #2 spot in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for Iowa State is $10,843 for Iowa Bachelor’s Degree Economics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. 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%.

Full Iowa State University Economics Report

#2

Grinnell College

Grinnell, Iowa

You’ll join some of the best and brightest minds around if you attend Grinnell College. The school came in at #2 for the Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k. Grinnell College is a small private not-for-profit school situated in Grinnell, Iowa. It awarded 47 bachelors’s economics degrees in 2019-2020.

Grinnell also took the #1 spot in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. The yearly cost to attend Grinnell is $14,818 for iowa bachelor’s degree economics students whose families make $30-$48k.

The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 2.6% 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 full report on Economics at Grinnell College

#3

University of Northern Iowa

Cedar Falls, Iowa

Out of the 11 schools in the Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k that were part of this year’s ranking, University of Northern Iowa landed the #3 spot on the list. This medium-sized school is located in Cedar Falls, Iowa, and it awarded 37 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at UNI, the school also landed the #5 spot in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. It costs about $12,495 for Iowa Bachelor’s Degree Economics students whose families make $30-$48k per year to attend UNI.

The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on Economics at University of Northern Iowa

#4

University of Iowa

Iowa City, Iowa

You’ll join some of the best and brightest minds around if you attend University of Iowa. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k. University of Iowa is a large public school situated in Iowa City, Iowa. It awarded 194 bachelors’s economics degrees in 2019-2020.

In addition to being on our iowa bachelor’s degree economics students whose families make $30-$48k list, Iowa has also earned the #4 rank in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for University of Iowa is $15,073 for Iowa Bachelor’s Degree Economics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Full University of Iowa Economics Report

#5

Coe College

Cedar Rapids, Iowa
#9 in overall quality

You’ll be in good company if you decide to attend Coe College. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k list. Coe is a small private not-for-profit school situated in Cedar Rapids, Iowa. It awarded 21 bachelors’s economics degrees in 2019-2020.

Coe also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for Coe College is $15,918 for iowa bachelor’s degree economics students whose families make $30-$48k.

The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Full Coe Economics Report

#6

Simpson College

Indianola, Iowa
#8 in overall quality

Simpson College ranked #6 on this year’s Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k list. Simpson College is a private not-for-profit institution located in Indianola, Iowa. The school has a small population, and it awarded 6 bachelors’s degrees in 2019-2020.

Simpson College not only placed well in this ranking. It is also #8 on our “Best Economics Bachelor’s Degree Schools in Iowa” list. The estimated yearly cost for Simpson College is $15,323 for iowa bachelor’s degree economics students whose families make $30-$48k.

The low student loan default rate of 3.7% 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 full report on Economics at Simpson College

#7

Wartburg College

Waverly, Iowa
#6 in overall quality

Wartburg College ranked #7 on this year’s Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k list. Wartburg is a private not-for-profit institution located in Waverly, Iowa. The school has a small population, and it awarded 5 bachelors’s degrees in 2019-2020.

In addition to being on our iowa bachelor’s degree economics students whose families make $30-$48k list, Wartburg has also earned the #6 rank in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. It costs about $19,037 for Iowa Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Wartburg College.

The student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Wartburg College

#8

Loras College

Dubuque, Iowa
#7 in overall quality

Loras College did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k ranking, coming in at #8. This small school is located in Dubuque, Iowa, and it awarded 7 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Loras, the school also landed the #7 spot in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for Loras College is $17,094 for iowa bachelor’s degree economics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.

Full Loras Economics Report

#9

Central College

Pella, Iowa
#11 in overall quality

Central College landed the #9 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k ranking. Located in Pella, Iowa, this small private not-for-profit school handed out 6 degrees to qualified bachelors’s economics students in 2019-2020.

As a testament to the quality of education offered at Central, the school also landed the #11 spot in our “Best Economics Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for Central is $19,207 for iowa 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%.

Read more about Economics at Central College

#10

Luther College

Decorah, Iowa

Luther College landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k ranking. Luther College is located in Decorah, Iowa and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s economics degrees to qualified students.

Luther not only placed well in this ranking. It is also #10 on our “Best Economics Bachelor’s Degree Schools in Iowa” list. The estimated yearly cost for Luther College is $17,630 for iowa bachelor’s degree economics students whose families make $30-$48k.

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%.

Read full report on Economics at Luther College

#11

Drake University

Des Moines, Iowa
#3 in overall quality

Drake University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Iowa For Those Making $30-$48k ranking, coming in at #11. Drake is a small school located in Des Moines, Iowa that handed out 15 bachelors’s economics degrees in 2019-2020.

Drake did well in our major quality rankings, too. It placed #3 on our “Best Economics Bachelor’s Degree Schools in Iowa” list. It costs about $24,060 for iowa bachelor’s degree economics students whose families make $30-$48k per year to attend Drake.

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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Economics at Drake

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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