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2022 Best Vallue Economics Schools in Maryland For Those Making Over $110k

14 Ranked Colleges
1,417 Degrees Awarded
$29,200 Avg Net Price*
Best Vallue Economics Schools in Maryland For Those Making Over $110k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Economics Schools in Maryland For Those Making Over $110k” ranking - to help you make that decision.

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.

This year’s “Best Vallue Economics Schools in Maryland For Those Making Over $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. See our ranking methodology to learn more.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Economics Schools in Maryland For Those Making Over $110k” list to help you make the college decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most 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.

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Best Vallue Economics Schools in Maryland For Those Making Over $110k

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

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

#1

University of Maryland - College Park

College Park, Maryland

You’ll join some of the best and brightest minds around if you attend University of Maryland - College Park. The school came in at #1 for the Best Vallue Economics Schools in Maryland For Those Making Over $110k. UMCP is a large school located in College Park, Maryland that handed out 541 ’s economics degrees in 2019-2020.

UMCP also made our “Best Economics Schools in Maryland” list, coming in at #2. The estimated yearly cost for UMCP is $19,045 for Maryland Economics students whose families make more than $110k.

The low student loan default rate of 2.4% 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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read full report on Economics at UMCP

#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 in Maryland For Those Making Over $110k list. Salisbury is a medium-sized school located in Salisbury, Maryland that handed out 22 ’s economics degrees in 2019-2020.

Salisbury did well in our major quality rankings, too. It placed #6 on our “Best Economics Schools in Maryland” list. It costs about $19,617 for Maryland 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%.

Full Salisbury University Economics Report

#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 in Maryland For Those Making Over $110k. Towson is located in Towson, Maryland and, has a large student population. In 2019-2020, this school awarded 89 ’s economics degrees to qualified students.

As a testament to the quality of education offered at Towson, the school also landed the #5 spot in our “Best Economics Schools in Maryland” ranking. The estimated yearly cost for Towson University is $18,233 for Maryland Economics students whose families make more than $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%.

Read full report on Economics at Towson

#4

St Mary's College of Maryland

St. Mary's City, Maryland

Out of the 14 schools in the Best Vallue Economics Schools 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. SMCM is a small public school situated in St. Mary’s City, Maryland. It awarded 27 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at SMCM, the school also landed the #7 spot in our “Best Economics Schools in Maryland” ranking. It costs about $19,369 for Maryland Economics students whose families make more than $110k per year to attend St Mary’s College of Maryland.

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%. The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full SMCM Economics Report

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 in Maryland For Those Making Over $110k. Baltimore, Maryland is the setting for this fairly large institution of higher learning. The public school handed out ’s economics degrees to 130 students in 2019-2020.

UMBC also made our “Best Economics Schools in Maryland” list, coming in at #4. The yearly cost to attend University of Maryland - Baltimore County is $19,082 for Maryland 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 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%.

Read full report on Economics at UMBC

#6

Johns Hopkins University

Baltimore, Maryland

Johns Hopkins University did quite well in the 2022 Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking, coming in at #6. Johns Hopkins is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 401 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Johns Hopkins, the school also landed the #1 spot in our “Best Economics Schools in Maryland” ranking. The yearly cost to attend Johns Hopkins University is $29,342 for Maryland 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. 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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Economics at Johns Hopkins

#7

Frostburg State University

Frostburg, Maryland

Frostburg State University came in at #7 in this year’s edition of the Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking. This small school is located in Frostburg, Maryland, and it awarded 12 ’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 Schools in Maryland” ranking. The yearly cost to attend Frostburg State University is $16,676 for maryland economics students whose families make more than $110k.

Read full report on Economics at Frostburg State University

#8

Morgan State University

Baltimore, Maryland

Morgan State University came in at #8 in this year’s edition of the Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking. Morgan State University is a medium-sized public school situated in Baltimore, Maryland. It awarded 5 ’s economics degrees in 2019-2020.

Morgan State not only placed well in this ranking. It is also #14 on our “Best Economics Schools in Maryland” list. The yearly cost to attend Morgan State is $17,619 for Maryland Economics students whose families make more than $110k.

Full Morgan State University Economics Report

#9

Mount St Mary's University

Emmitsburg, Maryland

Mount St Mary’s University ranked #9 on this year’s Best Vallue Economics Schools in Maryland For Those Making Over $110k list. The Mount is located in Emmitsburg, Maryland and, has a small student population. In 2019-2020, this school awarded 3 ’s economics degrees to qualified students.

The Mount also made our “Best Economics Schools in Maryland” list, coming in at #10. It costs about $27,954 for maryland economics students whose families make more than $110k per year to attend Mount St Mary’s University.

Read more about Economics at Mount St Mary’s University

#10

McDaniel College

Westminster, Maryland

McDaniel College came in at #10 in this year’s edition of the Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking. Westminster, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 4 students in 2019-2020.

In addition to being on our maryland economics students whose families make more than $110k list, McDaniel has also earned the #11 rank in our “Best Economics Schools in Maryland” ranking. The yearly cost to attend McDaniel is $18,182 for maryland economics students whose families make more than $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%.

Full McDaniel College Economics Report

#11

Goucher College

Baltimore, Maryland

Goucher College did quite well in the 2022 Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking, coming in at #11. Goucher College is a private not-for-profit institution located in Baltimore, Maryland. The school has a small population, and it awarded 21 ’s degrees in 2019-2020.

Goucher not only placed well in this ranking. It is also #8 on our “Best Economics Schools in Maryland” list. It costs about $25,716 for Maryland 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%. 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 full report on Economics at Goucher College

#12

Washington College

Chestertown, Maryland

Washington College came in at #12 in this year’s edition of the Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking. Located in Chestertown, Maryland, this small private not-for-profit school awarded 33 diplomas to qualified ’s economics students in 2019-2020.

Washington College also took the #9 spot in our “Best Economics Schools in Maryland” ranking. It costs about $28,638 for maryland economics students whose families make more than $110k per year to attend Washington College.

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%.

Read more about Economics at Washington College

#13

Hood College

Frederick, Maryland

Hood College ranked #13 on this year’s Best Vallue Economics Schools in Maryland For Those Making Over $110k list. Hood College is a small school located in Frederick, Maryland that handed out 1 ’s economics degrees in 2019-2020.

As a testament to the quality of education offered at Hood, the school also landed the #13 spot in our “Best Economics Schools in Maryland” ranking. It costs about $23,767 for Maryland Economics students whose families make more than $110k per year to attend Hood College.

Read more about Economics at Hood College

#14

Loyola University Maryland

Baltimore, Maryland

Loyola University Maryland came in at #14 in this year’s edition of the Best Vallue Economics Schools in Maryland For Those Making Over $110k ranking. Loyola Maryland is located in Baltimore, Maryland and, has a medium-sized student population. In 2019-2020, this school awarded 11 ’s economics degrees to qualified students.

Loyola Maryland not only placed well in this ranking. It is also #3 on our “Best Economics Schools in Maryland” list. It costs about $36,594 for maryland economics students whose families make more than $110k per year to attend Loyola University Maryland.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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%.

Full Loyola University Maryland 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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