2022 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) in Maryland
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k” ranking is part of that endeavor.
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 bachelor’s degree level specifically, there were 1,051 economics graduates with average earnings and debt of $40,371 and $23,982 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k” ranking looked at 14 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
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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 Bachelor’s in Maryland For Those Making $75-$110k”.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k
The colleges and universities below are the best for maryland bachelor’s degree economics students whose families make $75-$110k.
Top 14 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) in Maryland
Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Located in Baltimore, Maryland, this large private not-for-profit school awarded 112 degrees to qualified bachelors’s economics students in 2019-2020.
Johns Hopkins also made our “Best Economics Bachelor’s Degree Schools in Maryland” list, coming in at #1. It costs about $19,177 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Johns Hopkins.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k that were part of this year’s ranking, University of Maryland - College Park landed the #2 spot on the list. University of Maryland - College Park is a large school located in College Park, Maryland that handed out 465 bachelors’s economics degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree economics students whose families make $75-$110k list, UMCP has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for UMCP is $22,710 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend St Mary’s College of Maryland. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k. SMCM is a small school located in St. Mary’s City, Maryland that handed out 27 bachelors’s economics degrees in 2019-2020.
SMCM did well in our major quality rankings, too. It placed #7 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The estimated yearly cost for St Mary’s College of Maryland is $20,176 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Salisbury University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k. Salisbury University is a medium-sized public school situated in Salisbury, Maryland. It awarded 22 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Salisbury, the school also landed the #6 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Salisbury is $22,193 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Towson University. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k list. Located in Towson, Maryland, this large public school handed out 89 degrees to qualified bachelors’s economics students in 2019-2020.
Towson also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Towson University is $22,972 for maryland bachelor’s degree economics students whose families make $75-$110k.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%.
University of Maryland - Baltimore County landed the #6 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k ranking. UMBC is a public institution located in Baltimore, Maryland. The school has a fairly large population, and it awarded 129 bachelors’s degrees in 2019-2020.
UMBC also made our “Best Economics Bachelor’s Degree Schools in Maryland” list, coming in at #4. The estimated yearly cost for University of Maryland - Baltimore County is $23,922 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Full University of Maryland - Baltimore County Economics Report
Frostburg State University came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k ranking. Frostburg State University is a small school located in Frostburg, Maryland that handed out 12 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Frostburg State, the school also landed the #12 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Frostburg State University is $20,872 for maryland bachelor’s degree economics students whose families make $75-$110k.
With a ranking of #8, McDaniel College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k list. McDaniel is a small private not-for-profit school situated in Westminster, Maryland. It awarded 4 bachelors’s economics degrees in 2019-2020.
McDaniel did well in our major quality rankings, too. It placed #11 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend McDaniel is $17,844 for maryland bachelor’s degree economics students whose families make $75-$110k.
The student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #9, Goucher College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k list. Baltimore, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 21 students in 2019-2020.
Goucher not only placed well in this ranking. It is also #8 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Goucher College is $24,842 for maryland bachelor’s degree economics students whose families make $75-$110k.
The low student loan default rate of 4.5% 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%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Washington College came in at #10 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k ranking. Washington College is located in Chestertown, Maryland and, has a small student population. In 2019-2020, this school awarded 33 bachelors’s economics degrees to qualified students.
In addition to being on our maryland bachelor’s degree economics students whose families make $75-$110k list, Washington College has also earned the #9 rank in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Washington College is $28,468 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
Morgan State University came in at #11 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k ranking. Morgan State University is a public institution located in Baltimore, Maryland. The school has a medium-sized population, and it awarded 5 bachelors’s degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree economics students whose families make $75-$110k list, Morgan State has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Morgan State University is $21,626 for maryland bachelor’s degree economics students whose families make $75-$110k.
Mount St Mary’s University came in at #12 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k ranking. Emmitsburg, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 3 students in 2019-2020.
The Mount also took the #10 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Mount St Mary’s University is $27,297 for maryland bachelor’s degree economics students whose families make $75-$110k.
With a ranking of #13, Hood College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k list. Hood College is a private not-for-profit institution located in Frederick, Maryland. The school has a small population, and it awarded 1 bachelors’s degrees in 2019-2020.
Hood also took the #13 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Hood College is $29,730 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
Loyola University Maryland landed the #14 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Maryland For Those Making $75-$110k ranking. Loyola University Maryland is located in Baltimore, Maryland and, has a medium-sized student population. In 2019-2020, this school awarded 11 bachelors’s economics degrees to qualified students.
Loyola Maryland not only placed well in this ranking. It is also #3 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Loyola University Maryland is $32,878 for Maryland Bachelor’s Degree Economics students whose families make $75-$110k.
The low student loan default rate of 2.3% 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 87%, the school does an excellent job of retaining its students.
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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.
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- Credit for the banner image above goes to pixabay.
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