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2023 Best Value Colleges for Economics (Income Over $110k) in Virginia

16 Ranked Colleges
1,329 Degrees Awarded
$30,300 Avg Net Price*
Best Vallue Economics Schools in Virginia For Those Making Over $110k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 in Virginia For Those Making Over $110k” ranking.

Economics is the 19th most popular major in the country with 49,055 degrees awarded in 2020-2021. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.

Across Virginia, there were 1,329 economics graduates with average earnings and debt of $54,485 and $22,499 respectively.

This year’s “Best Vallue Economics Schools in Virginia For Those Making Over $110k” ranking analyzed 16 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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.

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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 Virginia For Those Making Over $110k” list to help you make the college decision.

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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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

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

Top 16 Best Value Colleges for Economics (Income Over $110k) in Virginia

1
University of Virginia crest
University of Virginia - Main Campus
Charlottesville, Virginia

Out of the 16 schools in the Best Vallue Economics Schools in Virginia For Those Making Over $110k that were part of this year’s ranking, University of Virginia - Main Campus landed the #1 spot on the list. University of Virginia - Main Campus is located in Charlottesville, Virginia and, has a large student population. In 2020-2021, this school awarded 528 ’s economics degrees to qualified students.

University of Virginia also made our “Best Economics Schools in Virginia” list, coming in at #1. It costs about $22,006 for Virginia Economics students whose families make more than $110k per year to attend University of Virginia.

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 school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Read full report on Economics at University of Virginia - Main Campus

2
Virginia Tech crest
Virginia Tech
Blacksburg, Virginia

You’ll join some of the best and brightest minds around if you attend Virginia Tech. The school came in at #2 for the Best Vallue Economics Schools in Virginia For Those Making Over $110k. Virginia Tech is located in Blacksburg, Virginia and, has a large student population. In 2020-2021, this school awarded 102 ’s economics degrees to qualified students.

Virginia Tech also took the #2 spot in our “Best Economics Schools in Virginia” ranking. The estimated yearly cost for Virginia Tech is $21,301 for Virginia 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 93%. The undergrad student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Virginia Tech

3
GMU crest
George Mason University
Fairfax, Virginia

Out of the 16 schools in the Best Vallue Economics Schools in Virginia For Those Making Over $110k that were part of this year’s ranking, George Mason University landed the #3 spot on the list. Fairfax, Virginia is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 202 students in 2020-2021.

In addition to being on our virginia economics students whose families make more than $110k list, GMU has also earned the #6 rank in our “Best Economics Schools in Virginia” ranking. It costs about $19,551 for virginia economics students whose families make more than $110k per year to attend George Mason University.

The undergrad student loan default rate at the school is 2.5%, 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 86%.

Read full report on Economics at GMU

4
JMU crest
James Madison University
Harrisonburg, Virginia

You’ll be in good company if you decide to attend James Madison University. It ranked #4 on our 2023 Best Vallue Economics Schools in Virginia For Those Making Over $110k list. JMU is a large public school situated in Harrisonburg, Virginia. It awarded 57 ’s economics degrees in 2020-2021.

JMU did well in our major quality rankings, too. It placed #7 on our “Best Economics Schools in Virginia” list. It costs about $22,562 for Virginia Economics students whose families make more than $110k per year to attend JMU.

The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.0% 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 JMU

5
VMI crest
Virginia Military Institute
Lexington, Virginia

Out of the 16 schools in the Best Vallue Economics Schools in Virginia For Those Making Over $110k that were part of this year’s ranking, Virginia Military Institute landed the #5 spot on the list. VMI is a small school located in Lexington, Virginia that handed out 48 ’s economics degrees in 2020-2021.

VMI also made our “Best Economics Schools in Virginia” list, coming in at #10. It costs about $22,025 for Virginia Economics students whose families make more than $110k per year to attend Virginia Military Institute.

The school has an impressive undergrad student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.

Full Virginia Military Institute Economics Report

6
Old Dominion crest
Old Dominion University
Norfolk, Virginia

Old Dominion University did quite well in the 2023 Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking, coming in at #6. Located in Norfolk, Virginia, this large public school awarded 10 diplomas to qualified ’s economics students in 2020-2021.

Old Dominion also made our “Best Economics Schools in Virginia” list, coming in at #12. It costs about $17,204 for virginia economics students whose families make more than $110k per year to attend Old Dominion.

Read full report on Economics at Old Dominion

7
William & Mary crest
William & Mary
Williamsburg, Virginia

With a ranking of #7, William & Mary did quite well on the 2023 Best Vallue Economics Schools in Virginia For Those Making Over $110k list. William & Mary is a medium-sized public school situated in Williamsburg, Virginia. It awarded 127 ’s economics degrees in 2020-2021.

As a testament to the quality of education offered at William & Mary, the school also landed the #5 spot in our “Best Economics Schools in Virginia” ranking. It costs about $19,593 for virginia economics students whose families make more than $110k per year to attend William & Mary.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at William & Mary

8
Radford crest
Radford University
Radford, Virginia

Radford University did quite well in the 2023 Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking, coming in at #8. Radford University is a medium-sized school located in Radford, Virginia that handed out 13 ’s economics degrees in 2020-2021.

Radford not only placed well in this ranking. It is also #16 on our “Best Economics Schools in Virginia” list. The estimated yearly cost for Radford is $16,505 for virginia economics students whose families make more than $110k.

Read more about Economics at Radford University

9
Randolph - Macon crest
Randolph - Macon College
Ashland, Virginia

Randolph - Macon College came in at #9 in this year’s edition of the Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking. Randolph - Macon College is a private not-for-profit institution located in Ashland, Virginia. The school has a small population, and it awarded 7 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Randolph - Macon, the school also landed the #8 spot in our “Best Economics Schools in Virginia” ranking. It costs about $25,551 for virginia economics students whose families make more than $110k per year to attend Randolph - Macon.

The undergrad student loan default rate at the school is 2.9%, 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%.

Read more about Economics at Randolph - Macon College

10

Washington and Lee University landed the #10 spot on the 2023 Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking. Washington and Lee University is a small private not-for-profit school situated in Lexington, Virginia. It awarded 63 ’s economics degrees in 2020-2021.

Washington and Lee also made our “Best Economics Schools in Virginia” list, coming in at #3. The yearly cost to attend Washington and Lee University is $26,175 for Virginia Economics students whose families make more than $110k.

The low undergrad student loan default rate of 0.4% 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%. With a undergrad 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 excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read full report on Economics at Washington and Lee

11
Roanoke crest
Roanoke College
Salem, Virginia

With a ranking of #11, Roanoke College did quite well on the 2023 Best Vallue Economics Schools in Virginia For Those Making Over $110k list. Roanoke College is a small school located in Salem, Virginia that handed out 3 ’s economics degrees in 2020-2021.

Roanoke not only placed well in this ranking. It is also #9 on our “Best Economics Schools in Virginia” list. It costs about $26,997 for Virginia Economics students whose families make more than $110k per year to attend Roanoke.

The low undergrad student loan default rate of 3.6% 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%.

Full Roanoke Economics Report

12
UMW crest
University of Mary Washington
Fredericksburg, Virginia

University of Mary Washington came in at #12 in this year’s edition of the Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking. Located in Fredericksburg, Virginia, this small public school handed out 24 degrees to qualified ’s economics students in 2020-2021.

In addition to being on our virginia economics students whose families make more than $110k list, UMW has also earned the #15 rank in our “Best Economics Schools in Virginia” ranking. It costs about $23,193 for virginia economics students whose families make more than $110k per year to attend University of Mary Washington.

The undergrad student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at UMW

13
CNU crest
Christopher Newport University
Newport News, Virginia

Christopher Newport University came in at #13 in this year’s edition of the Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking. This small school is located in Newport News, Virginia, and it awarded 19 ’s economics degrees in 2020-2021.

CNU did well in our major quality rankings, too. It placed #11 on our “Best Economics Schools in Virginia” list. It costs about $25,855 for Virginia 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 school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.

Read more about Economics at Christopher Newport University

14
Lynchburg crest
University of Lynchburg
Lynchburg, Virginia

University of Lynchburg ranked #14 on this year’s Best Vallue Economics Schools in Virginia For Those Making Over $110k list. Located in Lynchburg, Virginia, this small private not-for-profit school handed out 9 degrees to qualified ’s economics students in 2020-2021.

In addition to being on our virginia economics students whose families make more than $110k list, Lynchburg has also earned the #14 rank in our “Best Economics Schools in Virginia” ranking. It costs about $23,134 for Virginia Economics students whose families make more than $110k per year to attend Lynchburg.

The school has an impressive undergrad student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. With a undergrad 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 University of Lynchburg

15
Hampden - Sydney crest
Hampden - Sydney College
Hampden-Sydney, Virginia

Hampden - Sydney College ranked #15 on this year’s Best Vallue Economics Schools in Virginia For Those Making Over $110k list. Hampden - Sydney College is a small school located in Hampden-Sydney, Virginia that handed out 36 ’s economics degrees in 2020-2021.

As a testament to the quality of education offered at Hampden - Sydney, the school also landed the #13 spot in our “Best Economics Schools in Virginia” ranking. The yearly cost to attend Hampden - Sydney College is $30,746 for Virginia Economics students whose families make more than $110k.

The undergraduate 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. The undergrad student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%.

Full Hampden - Sydney Economics Report

16
URichmond crest
University of Richmond
University of Richmond, Virginia

University of Richmond came in at #16 in this year’s edition of the Best Vallue Economics Schools in Virginia For Those Making Over $110k ranking. URichmond is a small school located in University of Richmond, Virginia that handed out 47 ’s economics degrees in 2020-2021.

In addition to being on our virginia economics students whose families make more than $110k list, URichmond has also earned the #4 rank in our “Best Economics Schools in Virginia” ranking. It costs about $27,050 for Virginia Economics students whose families make more than $110k per year to attend URichmond.

Since the school has a undergrad student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 1.9%, 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 93%.

Full URichmond Economics Report

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