2023 Best Value Economics Schools in Maine For Those Getting Aid
5
Ranked Colleges
256
Degrees Awarded
$19,400
Avg Net Price*
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Maine For Those Getting Aid” ranking is one tool we have developed to help in this regard.
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 Maine, there were 256 economics graduates with average earnings and debt of $51,700 and $19,063 respectively.
This year’s “Best Value Economics Schools in Maine For Those Getting Aid” ranking looked at 5 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
More Ways to Rank Economics Schools
The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Economics Schools in Maine For Those Getting Aid”.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Economics Schools in Maine For Those Getting Aid
The following schools top our list of the Best Best Value Economics Schools in Maine For Those Getting Aid.
Top 5 Best Value Colleges for Economics in Maine (With Aid)
Out of the 5 schools in the Best Value Economics Schools in Maine For Those Getting Aid that were part of this year’s ranking, Colby College landed the #1 spot on the list. Waterville, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 74 students in 2020-2021.
Colby also made our “Best Economics Schools in Maine” list, coming in at #3. It costs about $19,597 for Maine Economics students with aid per year to attend Colby College.
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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate 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 full report on Economics at Colby
Out of the 5 schools in the Best Value Economics Schools in Maine For Those Getting Aid that were part of this year’s ranking, Bowdoin College landed the #2 spot on the list. Bowdoin College is a small school located in Brunswick, Maine that handed out 72 ’s economics degrees in 2020-2021.
Bowdoin not only placed well in this ranking. It is also #1 on our “Best Economics Schools in Maine” list. The yearly cost to attend Bowdoin is $22,840 for maine economics students with aid.
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 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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Read more about Economics at Bowdoin
Out of the 5 schools in the Best Value Economics Schools in Maine For Those Getting Aid that were part of this year’s ranking, University of Southern Maine landed the #3 spot on the list. University of Southern Maine is a public institution located in Portland, Maine. The school has a medium-sized population, and it awarded 19 ’s degrees in 2020-2021.
As a testament to the quality of education offered at University of Southern Maine, the school also landed the #5 spot in our “Best Economics Schools in Maine” ranking. The estimated yearly cost for University of Southern Maine is $12,055 for Maine Economics students with aid.
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 full report on Economics at University of Southern Maine
You’ll join some of the best and brightest minds around if you attend Bates College. The school came in at #4 for the Best Value Economics Schools in Maine For Those Getting Aid. This small school is located in Lewiston, Maine, and it awarded 54 ’s economics degrees in 2020-2021.
Bates also took the #2 spot in our “Best Economics Schools in Maine” ranking. The estimated yearly cost for Bates is $26,392 for Maine Economics students with aid.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive undergrad student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.
Full Bates College Economics Report
You’ll join some of the best and brightest minds around if you attend University of Maine. The school came in at #5 for the Best Value Economics Schools in Maine For Those Getting Aid. UMaine is a fairly large school located in Orono, Maine that handed out 37 ’s economics degrees in 2020-2021.
UMaine also took the #4 spot in our “Best Economics Schools in Maine” ranking. The estimated yearly cost for UMaine is $16,033 for Maine Economics students with aid.
The low undergrad student loan default rate of 4.0% 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%.
Full University of Maine Economics Report
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