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2023 Best Value Colleges for Economics in Indiana (With Aid)

10 Ranked Colleges
891 Degrees Awarded
$19,200 Avg Net Price*
Best Value Economics Schools in Indiana For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Economics Schools in Indiana For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. 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 Indiana, there were 891 economics graduates with average earnings and debt of $53,287 and $23,177 respectively.

For this year’s “Best Value Economics Schools in Indiana For Those Getting Aid” ranking, we looked at 10 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.

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. See our ranking methodology to learn more.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Economics Schools in Indiana For Those Getting Aid

The colleges and universities below are the best for indiana economics students with aid.

Top 10 Best Value Colleges for Economics in Indiana (With Aid)

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Out of the 10 schools in the Best Value Economics Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 196 students in 2020-2021.

In addition to being on our indiana economics students with aid list, Purdue has also earned the #2 rank in our “Best Economics Schools in Indiana” ranking. The yearly cost to attend Purdue is $13,377 for Indiana Economics students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Purdue University - Main Campus

2

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2023 Best Value Economics Schools in Indiana For Those Getting Aid list. This large school is located in Bloomington, Indiana, and it awarded 140 ’s economics degrees in 2020-2021.

IU Bloomington also took the #4 spot in our “Best Economics Schools in Indiana” ranking. It costs about $14,619 for Indiana Economics students with aid per year to attend Indiana University - Bloomington.

The school has an excellent freshman retention rate of 91%, 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 3.4%, which is much lower than the national rate of 10.1%.

Full Indiana University - Bloomington Economics Report

3

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #3 on our 2023 Best Value Economics Schools in Indiana For Those Getting Aid list. Indiana University - Purdue University - Indianapolis is located in Indianapolis, Indiana and, has a large student population. In 2020-2021, this school awarded 26 ’s economics degrees to qualified students.

IUPUI not only placed well in this ranking. It is also #8 on our “Best Economics Schools in Indiana” list. It costs about $12,416 for Indiana Economics students with aid per year to attend Indiana University - Purdue University - Indianapolis.

The low undergrad student loan default rate of 4.2% 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 Indiana University - Purdue University - Indianapolis

4
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #4 on our 2023 Best Value Economics Schools in Indiana For Those Getting Aid list. This fairly large school is located in Notre Dame, Indiana, and it awarded 260 ’s economics degrees in 2020-2021.

Notre Dame also made our “Best Economics Schools in Indiana” list, coming in at #1. It costs about $31,101 for indiana economics students with aid per year to attend Notre Dame.

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 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 undergrad 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 more about Economics at University of Notre Dame

5
Ball State crest
Ball State University
Muncie, Indiana

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #5 for the Best Value Economics Schools in Indiana For Those Getting Aid. Ball State is located in Muncie, Indiana and, has a large student population. In 2020-2021, this school awarded 43 ’s economics degrees to qualified students.

Ball State not only placed well in this ranking. It is also #7 on our “Best Economics Schools in Indiana” list. It costs about $14,765 for indiana economics students with aid per year to attend Ball State.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Full Ball State University Economics Report

6

University of Southern Indiana came in at #6 in this year’s edition of the Best Value Economics Schools in Indiana For Those Getting Aid ranking. University of Southern Indiana is a medium-sized public school situated in Evansville, Indiana. It awarded 17 ’s economics degrees in 2020-2021.

In addition to being on our indiana economics students with aid list, USI has also earned the #9 rank in our “Best Economics Schools in Indiana” ranking. It costs about $13,481 for Indiana Economics students with aid per year to attend USI.

The school has an impressive undergrad student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.

Read more about Economics at USI

7
Valpo crest
Valparaiso University
Valparaiso, Indiana

Valparaiso University came in at #7 in this year’s edition of the Best Value Economics Schools 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 ’s economics degrees to 23 students in 2020-2021.

Valpo did well in our major quality rankings, too. It placed #5 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for Valpo is $22,899 for Indiana Economics students with aid.

The undergrad student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Full Valparaiso University Economics Report

8
Wabash crest
Wabash College
Crawfordsville, Indiana

With a ranking of #8, Wabash College did quite well on the 2023 Best Value Economics Schools in Indiana For Those Getting Aid list. This small school is located in Crawfordsville, Indiana, and it awarded 21 ’s economics degrees in 2020-2021.

Wabash also took the #6 spot in our “Best Economics Schools in Indiana” ranking. It costs about $22,910 for Indiana Economics students with aid per year to attend Wabash.

The impressive undergraduate 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. The undergrad student loan default rate at the school is 2.8%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at Wabash

9
DePauw crest
DePauw University
Greencastle, Indiana

DePauw University came in at #9 in this year’s edition of the Best Value Economics Schools in Indiana For Those Getting Aid ranking. DePauw is a small school located in Greencastle, Indiana that handed out 90 ’s economics degrees in 2020-2021.

DePauw also made our “Best Economics Schools in Indiana” list, coming in at #3. The estimated yearly cost for DePauw University is $25,587 for indiana economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 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. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.

Read full report on Economics at DePauw

10
Hanover crest
Hanover College
Hanover, Indiana

Hanover College landed the #10 spot on the 2023 Best Value Economics Schools 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 ’s economics degrees to 10 students in 2020-2021.

Hanover did well in our major quality rankings, too. It placed #10 on our “Best Economics Schools in Indiana” list. The estimated yearly cost for Hanover College is $20,732 for Indiana Economics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Hanover

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