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2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k

8 Ranked Colleges
478 Degrees Awarded
Best Value Economics Schools in Tennessee For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. 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 in Tennessee For Those Making $48-$75k” 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 Tennessee, there were 478 economics graduates with average earnings and debt of $50,633 and $20,232 respectively.

This year’s “Best Value Economics Schools in Tennessee For Those Making $48-$75k” ranking analyzed 8 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.

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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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools in Tennessee For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our 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 in Tennessee For Those Making $48-$75k

The following schools top our list of the Best Best Value Economics Schools in Tennessee For Those Making $48-$75k.

Top 8 Best Value Colleges for Economics (Income $48-$75k) in Tennessee

#1

Vanderbilt University

Nashville, Tennessee
#1 in overall quality
$8,086 Average Net Price
$67,244 Average Early-Career Earnings

You’ll be in good company if you decide to attend Vanderbilt University. It ranked #1 on our 2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k list. Nashville, Tennessee is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 289 students in 2019-2020.

In addition to being on our tennessee economics students whose families make $48-$75k list, Vanderbilt has also earned the #1 rank in our “Best Economics Schools in Tennessee” ranking. The estimated yearly cost for Vanderbilt is $8,086 for tennessee economics students whose families make $48-$75k.

The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low student loan default rate of 1.0% 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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.

Read full report on Economics at Vanderbilt University

#2

Rhodes College

Memphis, Tennessee
#2 in overall quality
$20,749 Average Net Price
$35,286 Average Early-Career Earnings

You’ll be in good company if you decide to attend Rhodes College. It ranked #2 on our 2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k list. Memphis, Tennessee is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 25 students in 2019-2020.

In addition to being on our tennessee economics students whose families make $48-$75k list, Rhodes College has also earned the #2 rank in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend Rhodes College is $20,749 for Tennessee Economics students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read more about Economics at Rhodes College

#3

Middle Tennessee State University

Murfreesboro, Tennessee
#5 in overall quality
$14,822 Average Net Price
$36,971 Average Early-Career Earnings

You’ll be in good company if you decide to attend Middle Tennessee State University. It ranked #3 on our 2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k list. Middle Tennessee State University is a large public school situated in Murfreesboro, Tennessee. It awarded 19 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Middle Tennessee State University, the school also landed the #5 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $14,822 for tennessee economics students whose families make $48-$75k per year to attend Middle Tennessee State University.

Full Middle Tennessee State University Economics Report

#4

The University of Tennessee - Chattanooga

Chattanooga, Tennessee
#7 in overall quality
$14,601 Average Net Price
$43,755 Average Early-Career Earnings

You’ll be in good company if you decide to attend The University of Tennessee - Chattanooga. It ranked #4 on our 2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k list. UT Chattanooga is a public institution located in Chattanooga, Tennessee. The school has a fairly large population, and it awarded 4 ’s degrees in 2019-2020.

UT Chattanooga not only placed well in this ranking. It is also #7 on our “Best Economics Schools in Tennessee” list. The estimated yearly cost for The University of Tennessee - Chattanooga is $14,601 for Tennessee Economics students whose families make $48-$75k.

Full The University of Tennessee - Chattanooga Economics Report

#5

University of Memphis

Memphis, Tennessee
#6 in overall quality
$15,287 Average Net Price
$38,610 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Memphis. It ranked #5 on our 2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k list. Memphis, Tennessee is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 17 students in 2019-2020.

As a testament to the quality of education offered at UofM, the school also landed the #6 spot in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend University of Memphis is $15,287 for tennessee economics students whose families make $48-$75k.

Full UofM Economics Report

#6

The University of Tennessee - Knoxville

Knoxville, Tennessee
#4 in overall quality
$23,211 Average Net Price
$43,722 Average Early-Career Earnings

The University of Tennessee - Knoxville did quite well in the 2022 Best Value Economics Schools in Tennessee For Those Making $48-$75k ranking, coming in at #6. UT Knoxville is a public institution located in Knoxville, Tennessee. The school has a large population, and it awarded 42 ’s degrees in 2019-2020.

UT Knoxville not only placed well in this ranking. It is also #4 on our “Best Economics Schools in Tennessee” list. The estimated yearly cost for The University of Tennessee - Knoxville is $23,211 for tennessee economics students whose families make $48-$75k.

With a freshman retention rate of 89%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.

Full The University of Tennessee - Knoxville Economics Report

#7

East Tennessee State University

Johnson City, Tennessee
#8 in overall quality
$16,359 Average Net Price
$40,067 Average Early-Career Earnings

East Tennessee State University came in at #7 in this year’s edition of the Best Value Economics Schools in Tennessee For Those Making $48-$75k ranking. Located in Johnson City, Tennessee, this fairly large public school awarded 8 degrees to qualified ’s economics students in 2019-2020.

As a testament to the quality of education offered at ETSU, the school also landed the #8 spot in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend ETSU is $16,359 for Tennessee Economics students whose families make $48-$75k.

Full ETSU Economics Report

#8

Sewanee - The University of the South

Sewanee, Tennessee
#3 in overall quality
$24,851 Average Net Price
$37,360 Average Early-Career Earnings

Sewanee - The University of the South ranked #8 on this year’s Best Value Economics Schools in Tennessee For Those Making $48-$75k list. This small school is located in Sewanee, Tennessee, and it awarded 62 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Sewanee, the school also landed the #3 spot in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend Sewanee - The University of the South is $24,851 for tennessee economics students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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. The student loan default rate at the school is 3.2%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Sewanee - The University of the South

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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