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2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k

14 Ranked Colleges
1,051 Degrees Awarded
$29,200 Avg Net Price*
Best Vallue Economics Schools for a Bachelor's in Maryland For Those Making Over $110k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k” ranking is part of that endeavor.

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 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 Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k” ranking looked at 14 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Economics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k

The following schools top our list of the Best Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k.

Top 14 Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) in Maryland

#1

University of Maryland - College Park

College Park, Maryland

You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #1 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k list. Located in College Park, Maryland, this large public school awarded 465 degrees to qualified bachelors’s economics students in 2019-2020.

UMCP also made our “Best Economics Bachelor’s Degree Schools in Maryland” list, coming in at #2. The yearly cost to attend University of Maryland - College Park is $19,045 for maryland bachelor’s degree economics students whose families make more than $110k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.

Full University of Maryland - College Park Economics Report

#2

Salisbury University

Salisbury, Maryland

You’ll be in good company if you decide to attend Salisbury University. It ranked #2 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k list. Salisbury is a public institution located in Salisbury, Maryland. The school has a medium-sized population, and it awarded 22 bachelors’s degrees in 2019-2020.

Salisbury did well in our major quality rankings, too. It placed #6 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. It costs about $19,617 for maryland bachelor’s degree economics students whose families make more than $110k per year to attend Salisbury University.

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%.

Read full report on Economics at Salisbury

#3

Towson University

Towson, Maryland

You’ll join some of the best and brightest minds around if you attend Towson University. The school came in at #3 for the Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k. Towson is a large public school situated in Towson, Maryland. It awarded 89 bachelors’s economics degrees in 2019-2020.

Towson did well in our major quality rankings, too. It placed #5 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Towson is $18,233 for maryland bachelor’s degree economics students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The student loan default rate at the school is 3.8%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Towson University

#4

St Mary's College of Maryland

St. Mary's City, Maryland

Out of the 14 schools in the Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k that were part of this year’s ranking, St Mary’s College of Maryland landed the #4 spot on the list. St Mary’s College of Maryland is a public institution located in St. Mary’s City, Maryland. The school has a small population, and it awarded 27 bachelors’s degrees in 2019-2020.

SMCM also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for St Mary’s College of Maryland is $19,369 for maryland bachelor’s degree economics students whose families make more than $110k.

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%. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Economics at SMCM

You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #5 for the Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k. University of Maryland - Baltimore County is a fairly large school located in Baltimore, Maryland that handed out 129 bachelors’s economics 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 UMBC is $19,082 for Maryland Bachelor’s Degree Economics students whose families make more than $110k.

The low student loan default rate of 4.3% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read full report on Economics at University of Maryland - Baltimore County

#6

Frostburg State University

Frostburg, Maryland
#12 in overall quality

Frostburg State University came in at #6 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k ranking. Located in Frostburg, Maryland, this small public school handed out 12 diplomas to qualified bachelors’s economics students in 2019-2020.

Frostburg State also made our “Best Economics Bachelor’s Degree Schools in Maryland” list, coming in at #12. The yearly cost to attend Frostburg State University is $16,676 for Maryland Bachelor’s Degree Economics students whose families make more than $110k.

Read more about Economics at Frostburg State

#7

Johns Hopkins University

Baltimore, Maryland

Johns Hopkins University ranked #7 on this year’s Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k list. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 112 bachelors’s degrees in 2019-2020.

Johns Hopkins also made our “Best Economics Bachelor’s Degree Schools in Maryland” list, coming in at #1. It costs about $29,342 for maryland bachelor’s degree economics students whose families make more than $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.

Read full report on Economics at Johns Hopkins

#8

Morgan State University

Baltimore, Maryland
#14 in overall quality

Morgan State University did quite well in the 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k ranking, coming in at #8. This medium-sized school is located in Baltimore, Maryland, and it awarded 5 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Morgan State, the school also landed the #14 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Morgan State University is $17,619 for maryland bachelor’s degree economics students whose families make more than $110k.

Full Morgan State Economics Report

#9

Mount St Mary's University

Emmitsburg, Maryland
#10 in overall quality

Mount St Mary’s University landed the #9 spot on the 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k ranking. Mount St Mary’s University is a small private not-for-profit school situated in Emmitsburg, Maryland. It awarded 3 bachelors’s economics degrees in 2019-2020.

In addition to being on our maryland bachelor’s degree economics students whose families make more than $110k list, The Mount has also earned the #10 rank in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for The Mount is $27,954 for maryland bachelor’s degree economics students whose families make more than $110k.

Read full report on Economics at The Mount

#10

McDaniel College

Westminster, Maryland

With a ranking of #10, McDaniel College did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k list. Westminster, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 4 students in 2019-2020.

McDaniel not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend McDaniel College is $18,182 for Maryland Bachelor’s Degree Economics students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.

Full McDaniel Economics Report

#11

Goucher College

Baltimore, Maryland

Goucher College ranked #11 on this year’s Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k list. Goucher College is located in Baltimore, Maryland and, has a small student population. In 2019-2020, this school awarded 21 bachelors’s economics degrees to qualified students.

In addition to being on our maryland bachelor’s degree economics students whose families make more than $110k list, Goucher has also earned the #8 rank in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. It costs about $25,716 for Maryland Bachelor’s Degree Economics students whose families make more than $110k per year to attend Goucher College.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 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.

Full Goucher College Economics Report

#12

Washington College

Chestertown, Maryland

Washington College came in at #12 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k ranking. Chestertown, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 33 students in 2019-2020.

Washington College also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for Washington College is $28,638 for Maryland Bachelor’s Degree Economics students whose families make more than $110k.

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. The low student loan default rate of 2.2% 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%.

Full Washington College Economics Report

#13

Hood College

Frederick, Maryland
#13 in overall quality

Hood College landed the #13 spot on the 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k ranking. Frederick, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 1 students in 2019-2020.

Hood not only placed well in this ranking. It is also #13 on our “Best Economics Bachelor’s Degree Schools in Maryland” list. The yearly cost to attend Hood is $23,767 for Maryland Bachelor’s Degree Economics students whose families make more than $110k.

Read full report on Economics at Hood College

#14

Loyola University Maryland

Baltimore, Maryland

With a ranking of #14, Loyola University Maryland did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Maryland For Those Making Over $110k list. 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 also made our “Best Economics Bachelor’s Degree Schools in Maryland” list, coming in at #3. It costs about $36,594 for Maryland Bachelor’s Degree Economics students whose families make more than $110k per year to attend Loyola Maryland.

The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read full report on Economics at Loyola University Maryland

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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