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

20 Ranked Colleges
1,278 Degrees Awarded
$28,800 Avg Net Price*
Best Vallue Economics Schools for a Bachelor's in Virginia For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

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 Virginia, there were 1,392 economics graduates with average earnings and debt of $47,150 and $23,646 respectively. At the bachelor’s degree level specifically, there were 1,278 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k” ranking analyzed 20 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Virginia 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 Virginia For Those Making Over $110k

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

Top 20 Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) in Virginia

#1

University of Virginia - Main Campus

Charlottesville, Virginia

You’ll be in good company if you decide to attend University of Virginia - Main Campus. It ranked #1 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. University of Virginia is located in Charlottesville, Virginia and, has a large student population. In 2019-2020, this school awarded 511 bachelors’s economics degrees to qualified students.

University of Virginia did well in our major quality rankings, too. It placed #1 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. It costs about $20,397 for virginia bachelor’s degree economics students whose families make more than $110k per year to attend University of Virginia.

The school has an impressive student loan default rate. It’s only 1.6%, 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 97%.

Read full report on Economics at University of Virginia

#2

Virginia Tech

Blacksburg, Virginia

You’ll be in good company if you decide to attend Virginia Tech. It ranked #2 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. Virginia Tech is a public institution located in Blacksburg, Virginia. The school has a large population, and it awarded 116 bachelors’s degrees in 2019-2020.

Virginia Tech not only placed well in this ranking. It is also #5 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. The yearly cost to attend Virginia Tech is $21,198 for Virginia Bachelor’s Degree Economics students whose families make more than $110k.

The low student loan default rate of 1.6% 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 93%.

Read full report on Economics at Virginia Tech

#3

George Mason University

Fairfax, Virginia

You’ll be in good company if you decide to attend George Mason University. It ranked #3 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. GMU is a public institution located in Fairfax, Virginia. The school has a large population, and it awarded 132 bachelors’s degrees in 2019-2020.

GMU also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend GMU is $21,048 for Virginia Bachelor’s Degree Economics students whose families make more than $110k.

The low student loan default rate of 2.6% 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 86%.

Full GMU Economics Report

#4

James Madison University

Harrisonburg, Virginia

You’ll be in good company if you decide to attend James Madison University. It ranked #4 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. James Madison University is a large public school situated in Harrisonburg, Virginia. It awarded 61 bachelors’s economics degrees in 2019-2020.

JMU did well in our major quality rankings, too. It placed #6 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. It costs about $22,169 for virginia bachelor’s degree economics students whose families make more than $110k per year to attend James Madison University.

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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Read full report on Economics at JMU

#5

Virginia Military Institute

Lexington, Virginia

You’ll join some of the best and brightest minds around if you attend Virginia Military Institute. The school came in at #5 for the Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k. VMI is a public institution located in Lexington, Virginia. The school has a small population, and it awarded 50 bachelors’s degrees in 2019-2020.

VMI also took the #7 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $17,804 for Virginia Bachelor’s Degree Economics students whose families make more than $110k per year to attend VMI.

The student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Virginia Military Institute

#6

Bridgewater College

Bridgewater, Virginia
#13 in overall quality

Bridgewater College landed the #6 spot on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking. Bridgewater, Virginia is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 8 students in 2019-2020.

Bridgewater also took the #13 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $17,929 for Virginia Bachelor’s Degree Economics students whose families make more than $110k per year to attend Bridgewater College.

Read full report on Economics at Bridgewater

#7

William & Mary

Williamsburg, Virginia

With a ranking of #7, William & Mary did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. William & Mary is a public institution located in Williamsburg, Virginia. The school has a medium-sized population, and it awarded 142 bachelors’s degrees in 2019-2020.

William & Mary did well in our major quality rankings, too. It placed #3 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. It costs about $19,800 for virginia bachelor’s degree economics students whose families make more than $110k per year to attend William & Mary.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.

Read more about Economics at William & Mary

#8

Radford University

Radford, Virginia

Radford University landed the #8 spot on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking. Radford is a public institution located in Radford, Virginia. The school has a fairly large population, and it awarded 20 bachelors’s degrees in 2019-2020.

Radford did well in our major quality rankings, too. It placed #19 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. It costs about $16,447 for Virginia Bachelor’s Degree Economics students whose families make more than $110k per year to attend Radford.

Full Radford Economics Report

#9

Longwood University

Farmville, Virginia
#17 in overall quality

Longwood University landed the #9 spot on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking. Longwood University is a small school located in Farmville, Virginia that handed out 4 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Longwood, the school also landed the #17 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $19,462 for virginia bachelor’s degree economics students whose families make more than $110k per year to attend Longwood University.

Read more about Economics at Longwood

#10

Marymount University

Arlington, Virginia
#15 in overall quality

With a ranking of #10, Marymount University did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. Located in Arlington, Virginia, this small private not-for-profit school awarded 10 diplomas to qualified bachelors’s economics students in 2019-2020.

As a testament to the quality of education offered at Marymount, the school also landed the #15 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $26,078 for virginia bachelor’s degree economics students whose families make more than $110k per year to attend Marymount.

The low student loan default rate of 3.4% 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%.

Read more about Economics at Marymount

#11

Old Dominion University

Norfolk, Virginia
#18 in overall quality

With a ranking of #11, Old Dominion University did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. Norfolk, Virginia is the setting for this large institution of higher learning. The public school handed out bachelors’s economics degrees to 1 students in 2019-2020.

Old Dominion not only placed well in this ranking. It is also #18 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. The estimated yearly cost for Old Dominion is $16,493 for virginia bachelor’s degree economics students whose families make more than $110k.

Read more about Economics at Old Dominion University

#12

Emory and Henry College

Emory, Virginia
#12 in overall quality

Emory and Henry College came in at #12 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking. This small school is located in Emory, Virginia, and it awarded 5 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Emory & Henry College, the school also landed the #12 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend Emory and Henry College is $18,593 for Virginia Bachelor’s Degree Economics students whose families make more than $110k.

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.

Read full report on Economics at Emory & Henry College

#13

Christopher Newport University

Newport News, Virginia

Christopher Newport University came in at #13 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking. CNU is a small school located in Newport News, Virginia that handed out 35 bachelors’s economics degrees in 2019-2020.

CNU not only placed well in this ranking. It is also #9 on our “Best Economics Bachelor’s Degree Schools in Virginia” list. It costs about $25,596 for virginia bachelor’s degree economics students whose families make more than $110k per year to attend Christopher Newport University.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 1.3% 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%.

Read full report on Economics at Christopher Newport University

#14

Randolph - Macon College

Ashland, Virginia

With a ranking of #14, Randolph - Macon College did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. This small school is located in Ashland, Virginia, and it awarded 14 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Randolph - Macon, the school also landed the #11 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The estimated yearly cost for Randolph - Macon is $26,370 for Virginia 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 87%. 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%.

Read full report on Economics at Randolph - Macon

#15

University of Mary Washington

Fredericksburg, Virginia

With a ranking of #15, University of Mary Washington did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. Fredericksburg, Virginia is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 12 students in 2019-2020.

UMW also took the #16 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $21,907 for Virginia Bachelor’s Degree Economics students whose families make more than $110k per year to attend UMW.

The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Full University of Mary Washington Economics Report

#16

Washington and Lee University

Lexington, Virginia

With a ranking of #16, Washington and Lee University did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. Washington and Lee is located in Lexington, Virginia and, has a small student population. In 2019-2020, this school awarded 56 bachelors’s economics degrees to qualified students.

As a testament to the quality of education offered at Washington and Lee, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend Washington and Lee University is $22,615 for Virginia Bachelor’s Degree Economics students whose families make more than $110k.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Read more about Economics at Washington and Lee

#17

Roanoke College

Salem, Virginia
#10 in overall quality

Roanoke College did quite well in the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking, coming in at #17. This small school is located in Salem, Virginia, and it awarded 11 bachelors’s economics degrees in 2019-2020.

In addition to being on our virginia bachelor’s degree economics students whose families make more than $110k list, Roanoke has also earned the #10 rank in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The estimated yearly cost for Roanoke College is $25,135 for Virginia Bachelor’s Degree Economics students whose families make more than $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%.

Read more about Economics at Roanoke

#18

University of Lynchburg

Lynchburg, Virginia
#20 in overall quality

University of Lynchburg did quite well in the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking, coming in at #18. Lynchburg, Virginia is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 11 students in 2019-2020.

As a testament to the quality of education offered at Lynchburg, the school also landed the #20 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend Lynchburg is $23,207 for Virginia Bachelor’s Degree Economics students whose families make more than $110k.

The impressive student-to-faculty ratio of 10 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 Lynchburg

#19

Hampden - Sydney College

Hampden-Sydney, Virginia

With a ranking of #19, Hampden - Sydney College did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k list. This small school is located in Hampden-Sydney, Virginia, and it awarded 23 bachelors’s economics degrees in 2019-2020.

In addition to being on our virginia bachelor’s degree economics students whose families make more than $110k list, Hampden - Sydney has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. The estimated yearly cost for Hampden - Sydney College is $31,227 for virginia bachelor’s degree economics students whose families make more than $110k.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default 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 Hampden - Sydney

#20

University of Richmond

University of Richmond, Virginia

University of Richmond came in at #20 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Virginia For Those Making Over $110k ranking. This small school is located in University of Richmond, Virginia, and it awarded 42 bachelors’s economics degrees in 2019-2020.

URichmond also took the #4 spot in our “Best Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $25,838 for Virginia Bachelor’s Degree Economics students whose families make more than $110k per year to attend URichmond.

The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Full URichmond Economics Report

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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