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

7 Ranked Colleges
69 Degrees Awarded
$33,100 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in Pennsylvania For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. 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 Master’s in Pennsylvania For Those Making $30-$48k” ranking - to help you make that 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 Pennsylvania, there were 1,802 economics graduates with average earnings and debt of $48,304 and $24,346 respectively. At the master’s degree level specifically, there were 69 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k” ranking looked at 7 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.

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. Check out our ranking methodology for more information.

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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 Master’s in Pennsylvania For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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

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

Top 7 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in Pennsylvania

#1

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality
$41,760 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Pennsylvania. The school came in at #1 for the Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k. Located in Philadelphia, Pennsylvania, this large private not-for-profit school awarded 18 degrees to qualified masters’s economics students in 2019-2020.

UPenn also took the #1 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at University of Pennsylvania are $41,760, but you may pay more or less depending on your major.

Read more about Economics at UPenn

#2

Carnegie Mellon University

Pittsburgh, Pennsylvania
$47,326 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Carnegie Mellon University. It ranked #2 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k list. Carnegie Mellon is a private not-for-profit institution located in Pittsburgh, Pennsylvania. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.

Carnegie Mellon did well in our major quality rankings, too. It placed #0 on our “Best Economics Master’s Degree Schools in Pennsylvania” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Carnegie Mellon University are $47,326.

Read more about Economics at Carnegie Mellon University

#3

Lehigh University

Bethlehem, Pennsylvania
#2 in overall quality
$27,130 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Lehigh University. It ranked #3 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k list. Lehigh University is located in Bethlehem, Pennsylvania and, has a medium-sized student population. In 2019-2020, this school awarded 10 masters’s economics degrees to qualified students.

As a testament to the quality of education offered at Lehigh, the school also landed the #2 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Lehigh University are $27,130, but you may pay more or less depending on your major.

Read more about Economics at Lehigh University

#4

University of Pittsburgh - Pittsburgh Campus

Pittsburgh, Pennsylvania
#5 in overall quality
$40,836 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Pittsburgh - Pittsburgh Campus. It ranked #4 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k list. Pittsburgh, Pennsylvania is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 8 students in 2019-2020.

In addition to being on our pennsylvania master’s degree economics students whose families make $30-$48k list, Pitt has also earned the #5 rank in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Pittsburgh - Pittsburgh Campus are $40,836.

Read full report on Economics at Pitt

#5

Temple University

Philadelphia, Pennsylvania
#6 in overall quality
$24,236 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Temple University. It ranked #5 on our 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k list. Temple is a public institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 6 masters’s degrees in 2019-2020.

Temple also made our “Best Economics Master’s Degree Schools in Pennsylvania” list, coming in at #6. Average graduate tuition and fees at Temple University are $24,236, but you may pay more or less depending on your major.

Read full report on Economics at Temple

#6

Eastern University

Saint Davids, Pennsylvania
#7 in overall quality
$13,610 Avg Grad Tuition & Fees

Eastern University did quite well in the 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k ranking, coming in at #6. Located in Saint Davids, Pennsylvania, this small private not-for-profit school awarded 10 diplomas to qualified masters’s economics students in 2019-2020.

EU not only placed well in this ranking. It is also #7 on our “Best Economics Master’s Degree Schools in Pennsylvania” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Eastern University are $13,610.

Read more about Economics at EU

#7

Drexel University

Philadelphia, Pennsylvania
#4 in overall quality
$37,074 Avg Grad Tuition & Fees

With a ranking of #7, Drexel University did quite well on the 2022 Best Value Economics Schools for a Master’s in Pennsylvania For Those Making $30-$48k list. Located in Philadelphia, Pennsylvania, this large private not-for-profit school awarded 14 diplomas to qualified masters’s economics students in 2019-2020.

As a testament to the quality of education offered at Drexel, the school also landed the #4 spot in our “Best Economics Master’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Drexel are $37,074, but some majors have different tuition rates.

Read more about Economics at Drexel 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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