2022 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in Maryland

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Economics Schools for a Master’s in Maryland For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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 Maryland, there were 1,417 economics graduates with average earnings and debt of $53,757 and $22,018 respectively. At the master’s degree level specifically, there were 338 economics graduates with average earnings and debt of $60,477 and $45,000 respectively.

This year’s “Best Value Economics Schools for a Master’s in Maryland For Those Making $30-$48k” ranking analyzed 3 colleges that offered 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.

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. Check out our ranking methodology for more information.

More Ways to Rank Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Master’s in Maryland For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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

The colleges and universities below are the best for maryland master’s degree economics students whose families make $30-$48k.

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

#1

Johns Hopkins University

Baltimore, Maryland

#1 in overall quality

$59,425 Avg Grad Tuition & Fees

$100,951 Average Early-Career Earnings

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Maryland For Those Making $30-$48k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Baltimore, Maryland is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 278 students in 2019-2020.

In addition to being on our maryland master’s degree economics students whose families make $30-$48k list, Johns Hopkins has also earned the #1 rank in our “Best Economics Master’s Degree Schools in Maryland” ranking. Average graduate tuition and fees at Johns Hopkins are $59,425, but you may pay more or less depending on your major.

Read full report on Economics at Johns Hopkins University

#2

University of Maryland - College Park

College Park, Maryland

#2 in overall quality

$30,885 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Maryland - College Park. The school came in at #2 for the Best Value Economics Schools for a Master’s in Maryland For Those Making $30-$48k. This large school is located in College Park, Maryland, and it awarded 59 masters’s economics degrees in 2019-2020.

UMCP also made our “Best Economics Master’s Degree Schools in Maryland” list, coming in at #2. Average graduate tuition and fees at UMCP are $30,885, but some majors have different tuition rates.

Full UMCP Economics Report

#3

University of Maryland - Baltimore County

Baltimore, Maryland

$21,078 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Maryland For Those Making $30-$48k that were part of this year’s ranking, University of Maryland - Baltimore County landed the #3 spot on the list. Located in Baltimore, Maryland, this fairly large public school handed out 1 diplomas to qualified masters’s economics students in 2019-2020.

UMBC also took the #0 spot in our “Best Economics Master’s Degree Schools in Maryland” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UMBC are $21,078.

Read more about Economics at University of Maryland - Baltimore County

• Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in the Middle Atlantic Region
• Best Value Master’s Degree Colleges for Economics (Income $30-$48k)

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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