2022 Best Value Doctor’s Degree Colleges for Economics (Income $48-$75k)
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Economics Schools for a Doctorate For Those Making $48-$75k” ranking as one item you can use to help make this decision.
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.
At the doctor’s degree level specifically, there were 1,219 economics graduates with average earnings and debt of $72,680 and $116,043 respectively.
This year’s “Best Value Economics Schools for a Doctorate For Those Making $48-$75k” ranking analyzed 119 colleges that offered 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.
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The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Economics Schools for a Doctorate For Those Making $48-$75k”.
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. 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 Doctorate For Those Making $48-$75k
The following schools top our list of the Best Best Value Economics Schools for a Doctorate For Those Making $48-$75k.
Top 25 Best Value Doctor’s Degree Colleges for Economics (Income $48-$75k)
You’ll be in good company if you decide to attend Yale University. It ranked #1 on our 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. This fairly large school is located in New Haven, Connecticut, and it awarded 16 doctorate’s economics degrees in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, Yale has also earned the #4 rank in our “Best Economics Doctor’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Yale are $44,500.
Out of the 119 schools in the Best Value Economics Schools for a Doctorate For Those Making $48-$75k that were part of this year’s ranking, Harvard University landed the #2 spot on the list. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 39 diplomas to qualified doctorate’s economics students in 2019-2020.
Harvard did well in our major quality rankings, too. It placed #2 on our “Best Economics Doctor’s Degree Schools” list. Average graduate tuition and fees at Harvard University are $50,654, but you may pay more or less depending on your major.
Out of the 119 schools in the Best Value Economics Schools for a Doctorate For Those Making $48-$75k that were part of this year’s ranking, Duke University landed the #3 spot on the list. Located in Durham, North Carolina, this fairly large private not-for-profit school awarded 18 degrees to qualified doctorate’s economics students in 2019-2020.
Duke not only placed well in this ranking. It is also #1 on our “Best Economics Doctor’s Degree Schools” list. Average graduate tuition and fees at Duke are $59,140, but you may pay more or less depending on your major.
Out of the 119 schools in the Best Value Economics Schools for a Doctorate For Those Making $48-$75k that were part of this year’s ranking, Princeton University landed the #4 spot on the list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school handed out 10 degrees to qualified doctorate’s economics students in 2019-2020.
Princeton also took the #18 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at Princeton University are $56,470, but you may pay more or less depending on your major.
Out of the 119 schools in the Best Value Economics Schools for a Doctorate For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #5 spot on the list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 20 doctorate’s economics degrees to qualified students.
Northwestern not only placed well in this ranking. It is also #5 on our “Best Economics Doctor’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $56,567.
Stanford University did quite well in the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking, coming in at #6. Stanford is a fairly large private not-for-profit school situated in Stanford, California. It awarded 14 doctorate’s economics degrees in 2019-2020.
Stanford also took the #8 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at Stanford are $55,011, but you may pay more or less depending on your major.
Rice University landed the #7 spot on the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 5 doctorate’s degrees in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, Rice has also earned the #14 rank in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at Rice University are $47,913, but you may pay more or less depending on your major.
University of Chicago came in at #8 in this year’s edition of the Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. This fairly large school is located in Chicago, Illinois, and it awarded 37 doctorate’s economics degrees in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, UChicago has also earned the #6 rank in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.
Cornell University landed the #9 spot on the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. This large school is located in Ithaca, New York, and it awarded 20 doctorate’s economics degrees in 2019-2020.
Cornell also took the #9 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at Cornell University are $30,042, but you may pay more or less depending on your major.
Johns Hopkins University ranked #10 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. This large school is located in Baltimore, Maryland, and it awarded 6 doctorate’s economics degrees in 2019-2020.
Johns Hopkins not only placed well in this ranking. It is also #11 on our “Best Economics Doctor’s Degree Schools” list. Average graduate tuition and fees at Johns Hopkins University are $59,425, but you may pay more or less depending on your major.
Columbia University in the City of New York ranked #11 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. New York, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out doctorate’s economics degrees to 29 students in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, Columbia has also earned the #7 rank in our “Best Economics Doctor’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Columbia are $51,194.
Read full report on Economics at Columbia University in the City of New York
Vanderbilt University did quite well in the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking, coming in at #12. Nashville, Tennessee is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out doctorate’s economics degrees to 3 students in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, Vanderbilt has also earned the #13 rank in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at Vanderbilt University are $50,624, but some majors have different tuition rates.
Washington University in St Louis did quite well in the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking, coming in at #13. Located in Saint Louis, Missouri, this fairly large private not-for-profit school handed out 10 diplomas to qualified doctorate’s economics students in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, WUSTL has also earned the #17 rank in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at WUSTL are $56,562, but you may pay more or less depending on your major.
Read full report on Economics at Washington University in St Louis
University of Pennsylvania ranked #14 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. UPenn is a large school located in Philadelphia, Pennsylvania that handed out 17 doctorate’s economics degrees in 2019-2020.
UPenn not only placed well in this ranking. It is also #3 on our “Best Economics Doctor’s Degree Schools” list. Average graduate tuition and fees at UPenn are $41,760, but some majors have different tuition rates.
University of Michigan - Ann Arbor ranked #15 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 20 doctorate’s degrees in 2019-2020.
U-M also took the #15 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.
Brown University came in at #16 in this year’s edition of the Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. This medium-sized school is located in Providence, Rhode Island, and it awarded 15 doctorate’s economics degrees in 2019-2020.
Brown did well in our major quality rankings, too. It placed #10 on our “Best Economics Doctor’s Degree Schools” list. Average graduate tuition and fees at Brown are $60,363, but you may pay more or less depending on your major.
University of Wisconsin - Madison landed the #17 spot on the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. UW - Madison is a large school located in Madison, Wisconsin that handed out 28 doctorate’s economics degrees in 2019-2020.
In addition to being on our doctor’s degree economics students whose families make $48-$75k list, UW - Madison has also earned the #22 rank in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.
University of Notre Dame came in at #18 in this year’s edition of the Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 4 doctorate’s economics degrees in 2019-2020.
Notre Dame also took the #16 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at University of Notre Dame are $57,522, but some majors have different tuition rates.
Purdue University - Main Campus ranked #19 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out doctorate’s economics degrees to 7 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.
University of Washington - Seattle Campus landed the #20 spot on the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. University of Washington - Seattle Campus is located in Seattle, Washington and, has a large student population. In 2019-2020, this school awarded 11 doctorate’s economics degrees to qualified students.
Average graduate tuition and fees at UW Seattle are $30,294, but some majors have different tuition rates.
University of California - Berkeley ranked #21 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. UC Berkeley is a large public school situated in Berkeley, California. It awarded 28 doctorate’s economics degrees in 2019-2020.
UC Berkeley also took the #20 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at University of California - Berkeley are $29,347, but some majors have different tuition rates.
University of North Carolina at Chapel Hill did quite well in the 2022 Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking, coming in at #22. This large school is located in Chapel Hill, North Carolina, and it awarded 7 doctorate’s economics degrees in 2019-2020.
Average graduate tuition and fees at UNC Chapel Hill are $30,248, but you may pay more or less depending on your major.
University of Florida came in at #23 in this year’s edition of the Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. University of Florida is located in Gainesville, Florida and, has a large student population. In 2019-2020, this school awarded 1 doctorate’s economics degrees to qualified students.
Average graduate tuition and fees at University of Florida are $30,130, but some majors have different tuition rates.
University of California - Los Angeles ranked #24 on this year’s Best Value Economics Schools for a Doctorate For Those Making $48-$75k list. University of California - Los Angeles is a large school located in Los Angeles, California that handed out 23 doctorate’s economics degrees in 2019-2020.
As a testament to the quality of education offered at UCLA, the school also landed the #23 spot in our “Best Economics Doctor’s Degree Schools” ranking. Average graduate tuition and fees at University of California - Los Angeles are $28,131, but you may pay more or less depending on your major.
Georgetown University came in at #25 in this year’s edition of the Best Value Economics Schools for a Doctorate For Those Making $48-$75k ranking. Georgetown University is a private not-for-profit institution located in Washington, District of Columbia. The school has a fairly large population, and it awarded 11 doctorate’s degrees in 2019-2020.
Georgetown also made our “Best Economics Doctor’s Degree Schools” list, coming in at #25. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Georgetown are $53,591.
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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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