2022 Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k
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 Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k” ranking.
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 Maine, there were 256 economics graduates with average earnings and debt of $61,300 and $19,397 respectively. At the bachelor’s degree level specifically, there were 248 economics graduates with average earnings and debt of $40,256 and $26,111 respectively.
This year’s “Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k” ranking analyzed 5 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.
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.
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Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k
The colleges and universities below are the best for maine bachelor’s degree economics students whose families make more than $110k.
Top 5 Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) in Maine
You’ll join some of the best and brightest minds around if you attend University of Southern Maine. The school came in at #1 for the Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k. University of Southern Maine is a medium-sized public school situated in Portland, Maine. It awarded 19 bachelors’s economics degrees in 2019-2020.
University of Southern Maine not only placed well in this ranking. It is also #5 on our “Best Economics Bachelor’s Degree Schools in Maine” list. It costs about $12,339 for Maine Bachelor’s Degree Economics students whose families make more than $110k per year to attend University of Southern Maine.
You’ll be in good company if you decide to attend University of Maine. It ranked #2 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k list. UMaine is located in Orono, Maine and, has a fairly large student population. In 2019-2020, this school awarded 26 bachelors’s economics degrees to qualified students.
As a testament to the quality of education offered at UMaine, the school also landed the #4 spot in our “Best Economics Bachelor’s Degree Schools in Maine” ranking. It costs about $17,558 for maine bachelor’s degree economics students whose families make more than $110k per year to attend UMaine.
The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Bowdoin College. The school came in at #3 for the Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k. Brunswick, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 63 students in 2019-2020.
Bowdoin also made our “Best Economics Bachelor’s Degree Schools in Maine” list, coming in at #1. It costs about $21,910 for Maine Bachelor’s Degree Economics students whose families make more than $110k per year to attend Bowdoin College.
The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Out of the 5 schools in the Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k that were part of this year’s ranking, Bates College landed the #4 spot on the list. Lewiston, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 71 students in 2019-2020.
Bates also made our “Best Economics Bachelor’s Degree Schools in Maine” list, coming in at #2. It costs about $29,321 for maine bachelor’s degree economics students whose families make more than $110k per year to attend Bates.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The low student loan default rate of 0.8% 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 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Out of the 5 schools in the Best Vallue Economics Schools for a Bachelor’s in Maine For Those Making Over $110k that were part of this year’s ranking, Colby College landed the #5 spot on the list. Colby is located in Waterville, Maine and, has a small student population. In 2019-2020, this school awarded 69 bachelors’s economics degrees to qualified students.
Colby also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in Maine” ranking. The yearly cost to attend Colby is $17,777 for Maine Bachelor’s Degree Economics students whose families make more than $110k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
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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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