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2023 Best Value Colleges for Economics (Income $30-$48k) in Indiana

10 Ranked Colleges
891 Degrees Awarded
$12,000 Avg Net Price*
Best Value Economics Schools in Indiana 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. 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 in Indiana For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.

Across Indiana, there were 891 economics graduates with average earnings and debt of $53,287 and $23,177 respectively.

For this year’s “Best Value Economics Schools in Indiana For Those Making $30-$48k” ranking, we looked at 10 colleges that offer a degree in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

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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 in Indiana For Those Making $30-$48k” list to help you make the college decision.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Economics Schools in Indiana For Those Making $30-$48k

The colleges and universities below are the best for indiana economics students whose families make $30-$48k.

Top 10 Best Value Colleges for Economics (Income $30-$48k) in Indiana

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Economics Schools in Indiana For Those Making $30-$48k. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 196 ’s economics degrees to qualified students.

In addition to being on our indiana economics students whose families make $30-$48k list, Purdue has also earned the #2 rank in our “Best Economics Schools in Indiana” ranking. The estimated yearly cost for Purdue University - Main Campus is $5,853 for indiana economics students whose families make $30-$48k.

The low undergrad student loan default rate of 1.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Economics at Purdue

2

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #2 for the Best Value Economics Schools in Indiana For Those Making $30-$48k. IU Bloomington is a large public school situated in Bloomington, Indiana. It awarded 140 ’s economics degrees in 2020-2021.

IU Bloomington not only placed well in this ranking. It is also #4 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for IU Bloomington is $7,061 for Indiana Economics students whose families make $30-$48k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Read more about Economics at Indiana University - Bloomington

3
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #3 on our 2023 Best Value Economics Schools in Indiana For Those Making $30-$48k list. Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2020-2021, this school awarded 260 ’s economics degrees to qualified students.

Notre Dame also made our “Best Economics Schools in Indiana” list, coming in at #1. It costs about $9,136 for indiana economics students whose families make $30-$48k per year to attend University of Notre Dame.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The impressive undergraduate 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.

Read full report on Economics at Notre Dame

4

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #4 for the Best Value Economics Schools in Indiana For Those Making $30-$48k. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 26 ’s economics degrees in 2020-2021.

IUPUI did well in our major quality rankings, too. It placed #8 on our “Best Economics Schools in Indiana” list. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $8,216 for Indiana Economics students whose families make $30-$48k.

The low undergrad student loan default rate of 4.2% 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%.

Full Indiana University - Purdue University - Indianapolis Economics Report

5
Ball State crest
Ball State University
Muncie, Indiana

Out of the 10 schools in the Best Value Economics Schools in Indiana For Those Making $30-$48k that were part of this year’s ranking, Ball State University landed the #5 spot on the list. Ball State University is a large public school situated in Muncie, Indiana. It awarded 43 ’s economics degrees in 2020-2021.

Ball State also made our “Best Economics Schools in Indiana” list, coming in at #7. The yearly cost to attend Ball State University is $10,786 for indiana economics students whose families make $30-$48k.

The low undergrad student loan default rate of 4.2% 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%.

Full Ball State Economics Report

6

University of Southern Indiana ranked #6 on this year’s Best Value Economics Schools in Indiana For Those Making $30-$48k list. USI is a medium-sized school located in Evansville, Indiana that handed out 17 ’s economics degrees in 2020-2021.

In addition to being on our indiana economics students whose families make $30-$48k list, USI has also earned the #9 rank in our “Best Economics Schools in Indiana” ranking. It costs about $10,440 for indiana economics students whose families make $30-$48k per year to attend USI.

The school has an impressive undergrad student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.

Full USI Economics Report

7
Valpo crest
Valparaiso University
Valparaiso, Indiana

Valparaiso University did quite well in the 2023 Best Value Economics Schools in Indiana For Those Making $30-$48k ranking, coming in at #7. This small school is located in Valparaiso, Indiana, and it awarded 23 ’s economics degrees in 2020-2021.

Valpo also took the #5 spot in our “Best Economics Schools in Indiana” ranking. The estimated yearly cost for Valpo is $19,717 for indiana economics students whose families make $30-$48k.

The low undergrad student loan default rate of 3.0% 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 Valpo

8
Wabash crest
Wabash College
Crawfordsville, Indiana

Wabash College did quite well in the 2023 Best Value Economics Schools in Indiana For Those Making $30-$48k ranking, coming in at #8. Wabash is a private not-for-profit institution located in Crawfordsville, Indiana. The school has a small population, and it awarded 21 ’s degrees in 2020-2021.

Wabash did well in our major quality rankings, too. It placed #6 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for Wabash College is $14,558 for Indiana Economics students whose families make $30-$48k.

The undergrad student loan default rate at the school is 2.8%, which is quite low when compared to the national default rate of 10.1%. The undergraduate 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.

Full Wabash College Economics Report

9
DePauw crest
DePauw University
Greencastle, Indiana

DePauw University did quite well in the 2023 Best Value Economics Schools in Indiana For Those Making $30-$48k ranking, coming in at #9. DePauw is a private not-for-profit institution located in Greencastle, Indiana. The school has a small population, and it awarded 90 ’s degrees in 2020-2021.

In addition to being on our indiana economics students whose families make $30-$48k list, DePauw has also earned the #3 rank in our “Best Economics Schools in Indiana” ranking. The estimated yearly cost for DePauw University is $18,320 for indiana economics students whose families make $30-$48k.

The undergraduate 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. Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at DePauw University

10
Hanover crest
Hanover College
Hanover, Indiana

Hanover College ranked #10 on this year’s Best Value Economics Schools in Indiana For Those Making $30-$48k list. Located in Hanover, Indiana, this small private not-for-profit school awarded 10 diplomas to qualified ’s economics students in 2020-2021.

Hanover did well in our major quality rankings, too. It placed #10 on our “Best Economics Schools in Indiana” list. It costs about $15,605 for indiana economics students whose families make $30-$48k per year to attend Hanover.

The low undergrad student loan default rate of 3.4% 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%.

Full Hanover Economics Report

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