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2022 Best Value Bachelor’s Degree Colleges for Economics in Indiana (With Aid)

14 Ranked Colleges
752 Degrees Awarded
$17,100 Avg Net Price*
Best Value Economics Schools for a Bachelor's in Indiana For Those Getting Aid

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 Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid” 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 Indiana, there were 838 economics graduates with average earnings and debt of $50,043 and $21,777 respectively. At the bachelor’s degree level specifically, there were 752 economics graduates with average earnings and debt of $39,620 and $24,786 respectively.

For this year’s “Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking, we looked at 14 colleges that offer 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.

When determining these rankings, we looked at things such as overall quality of the economics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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.

Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid

The colleges and universities below are the best for indiana bachelor’s degree economics students with aid.

Top 14 Best Value Bachelor’s Degree Colleges for Economics in Indiana (With Aid)

#1

Purdue University - Main Campus

West Lafayette, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 107 bachelors’s economics degrees to qualified students.

Purdue also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $13,986 for Indiana Bachelor’s Degree Economics students with aid per year to attend Purdue University - Main Campus.

With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.

Read more about Economics at Purdue

#2

Indiana University - Bloomington

Bloomington, Indiana

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Bloomington landed the #2 spot on the list. Located in Bloomington, Indiana, this large public school handed out 133 degrees to qualified bachelors’s economics students in 2019-2020.

IU Bloomington also took the #4 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Bloomington is $13,253 for indiana bachelor’s degree economics students with aid.

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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.

Full IU Bloomington Economics Report

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #3 spot on the list. Indiana University - Purdue University - Indianapolis is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 24 bachelors’s economics degrees to qualified students.

IUPUI did well in our major quality rankings, too. It placed #9 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend IUPUI is $11,285 for Indiana Bachelor’s Degree Economics students with aid.

Full IUPUI Economics Report

#4

Ball State University

Muncie, Indiana
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #4 for the Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid. Ball State is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 44 bachelors’s degrees in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #7 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Ball State University is $15,147 for indiana bachelor’s degree economics students with aid.

Read full report on Economics at Ball State

#5

Indiana University - Southeast

New Albany, Indiana
#14 in overall quality

You’ll be in good company if you decide to attend Indiana University - Southeast. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid list. Indiana University - Southeast is located in New Albany, Indiana and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s economics degrees to qualified students.

Indiana University - Southeast not only placed well in this ranking. It is also #14 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Indiana University - Southeast is $10,657 for Indiana Bachelor’s Degree Economics students with aid.

Read full report on Economics at Indiana University - Southeast

#6

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. This fairly large school is located in Evansville, Indiana, and it awarded 18 bachelors’s economics degrees in 2019-2020.

As a testament to the quality of education offered at USI, the school also landed the #11 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for University of Southern Indiana is $13,437 for indiana bachelor’s degree economics students with aid.

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 University of Southern Indiana Economics Report

#7

University of Notre Dame

Notre Dame, Indiana

University of Notre Dame landed the #7 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 243 bachelors’s degrees in 2019-2020.

Notre Dame also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #1. The estimated yearly cost for University of Notre Dame is $33,025 for indiana bachelor’s degree economics students with aid.

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 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 low student loan default rate of 0.7% 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 University of Notre Dame

#8

Purdue University Fort Wayne

Fort Wayne, Indiana
#13 in overall quality

With a ranking of #8, Purdue University Fort Wayne did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid list. PFW is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 5 bachelors’s degrees in 2019-2020.

PFW also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #13. It costs about $10,912 for indiana bachelor’s degree economics students with aid per year to attend PFW.

Full Purdue University Fort Wayne Economics Report

#9

Indiana State University

Terre Haute, Indiana
#12 in overall quality

With a ranking of #9, Indiana State University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid list. Indiana State University is a fairly large public school situated in Terre Haute, Indiana. It awarded 6 bachelors’s economics degrees in 2019-2020.

Indiana State also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #12. It costs about $13,896 for indiana bachelor’s degree economics students with aid per year to attend Indiana State.

Read more about Economics at Indiana State

#10

Hanover College

Hanover, Indiana

Hanover College landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Hanover, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 16 students in 2019-2020.

As a testament to the quality of education offered at Hanover, the school also landed the #6 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Hanover College is $20,952 for Indiana Bachelor’s Degree Economics students with aid.

The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Hanover

#11

Wabash College

Crawfordsville, Indiana

With a ranking of #11, Wabash College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid list. Crawfordsville, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 22 students in 2019-2020.

Wabash did well in our major quality rankings, too. It placed #5 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Wabash College is $19,015 for indiana bachelor’s degree economics students with aid.

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 2.6% 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%.

Read full report on Economics at Wabash

#12

DePauw University

Greencastle, Indiana

With a ranking of #12, DePauw University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid list. DePauw University is a small private not-for-profit school situated in Greencastle, Indiana. It awarded 63 bachelors’s economics degrees in 2019-2020.

DePauw also took the #2 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for DePauw is $23,078 for Indiana Bachelor’s Degree Economics students with aid.

The student loan default rate at the school is 2.5%, 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 89%.

Full DePauw Economics Report

#13

Valparaiso University

Valparaiso, Indiana

Valparaiso University landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Valparaiso, Indiana 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.

Valpo also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Valpo is $18,852 for Indiana Bachelor’s Degree Economics students with aid.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.

Read more about Economics at Valparaiso University

#14

University of Evansville

Evansville, Indiana
#10 in overall quality

University of Evansville came in at #14 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. UE is a small school located in Evansville, Indiana that handed out 8 bachelors’s economics degrees in 2019-2020.

UE did well in our major quality rankings, too. It placed #10 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for UE is $21,626 for Indiana Bachelor’s Degree Economics students with aid.

The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%. 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. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Full UE 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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