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2022 Best Value Economics Schools in Tennessee For Those Getting Aid

8 Ranked Colleges
478 Degrees Awarded
$18,700 Avg Net Price*
Best Value Economics Schools in Tennessee For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Tennessee For Those Getting Aid” ranking is one tool we have developed to help in this regard.

Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. 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 Tennessee, there were 478 economics graduates with average earnings and debt of $50,633 and $20,232 respectively.

This year’s “Best Value Economics Schools in Tennessee For Those Getting Aid” ranking analyzed 8 colleges that offered 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. See our ranking methodology to learn more.

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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Economics Schools in Tennessee For Those Getting Aid” list, to help you choose the best school for you.

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 by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Economics Schools in Tennessee For Those Getting Aid

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

Top 8 Best Value Colleges for Economics in Tennessee (With Aid)

#1

Vanderbilt University

Nashville, Tennessee
#1 in overall quality
$19,432 Average Net Price
$67,244 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Vanderbilt University. The school came in at #1 for the Best Value Economics Schools in Tennessee For Those Getting Aid. Nashville, Tennessee is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 289 students in 2019-2020.

As a testament to the quality of education offered at Vanderbilt, the school also landed the #1 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $19,432 for Tennessee Economics students with aid per year to attend Vanderbilt.

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. The school has an impressive student loan default rate. It’s only 1.0%, 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 96%.

Full Vanderbilt University Economics Report

#2

Middle Tennessee State University

Murfreesboro, Tennessee
#5 in overall quality
$12,464 Average Net Price
$36,971 Average Early-Career Earnings

You’ll be in good company if you decide to attend Middle Tennessee State University. It ranked #2 on our 2022 Best Value Economics Schools in Tennessee For Those Getting Aid list. Middle Tennessee State University is a large school located in Murfreesboro, Tennessee that handed out 19 ’s economics degrees in 2019-2020.

In addition to being on our tennessee economics students with aid list, Middle Tennessee State University has also earned the #5 rank in our “Best Economics Schools in Tennessee” ranking. The estimated yearly cost for Middle Tennessee State University is $12,464 for Tennessee Economics students with aid.

Read more about Economics at Middle Tennessee State University

#3

University of Memphis

Memphis, Tennessee
#6 in overall quality
$13,248 Average Net Price
$38,610 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Memphis. The school came in at #3 for the Best Value Economics Schools in Tennessee For Those Getting Aid. UofM is a public institution located in Memphis, Tennessee. The school has a large population, and it awarded 17 ’s degrees in 2019-2020.

As a testament to the quality of education offered at UofM, the school also landed the #6 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $13,248 for tennessee economics students with aid per year to attend University of Memphis.

Read more about Economics at University of Memphis

#4

The University of Tennessee - Chattanooga

Chattanooga, Tennessee
#7 in overall quality
$12,952 Average Net Price
$43,755 Average Early-Career Earnings

Out of the 8 schools in the Best Value Economics Schools in Tennessee For Those Getting Aid that were part of this year’s ranking, The University of Tennessee - Chattanooga landed the #4 spot on the list. The University of Tennessee - Chattanooga is a public institution located in Chattanooga, Tennessee. The school has a fairly large population, and it awarded 4 ’s degrees in 2019-2020.

As a testament to the quality of education offered at UT Chattanooga, the school also landed the #7 spot in our “Best Economics Schools in Tennessee” ranking. The estimated yearly cost for UT Chattanooga is $12,952 for tennessee economics students with aid.

Read full report on Economics at The University of Tennessee - Chattanooga

#5

The University of Tennessee - Knoxville

Knoxville, Tennessee
#4 in overall quality
$18,825 Average Net Price
$43,722 Average Early-Career Earnings

Out of the 8 schools in the Best Value Economics Schools in Tennessee For Those Getting Aid that were part of this year’s ranking, The University of Tennessee - Knoxville landed the #5 spot on the list. This large school is located in Knoxville, Tennessee, and it awarded 42 ’s economics degrees in 2019-2020.

UT Knoxville also made our “Best Economics Schools in Tennessee” list, coming in at #4. The estimated yearly cost for UT Knoxville is $18,825 for tennessee economics students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.

Read more about Economics at The University of Tennessee - Knoxville

#6

East Tennessee State University

Johnson City, Tennessee
#8 in overall quality
$14,332 Average Net Price
$40,067 Average Early-Career Earnings

East Tennessee State University did quite well in the 2022 Best Value Economics Schools in Tennessee For Those Getting Aid ranking, coming in at #6. ETSU is a fairly large public school situated in Johnson City, Tennessee. It awarded 8 ’s economics degrees in 2019-2020.

In addition to being on our tennessee economics students with aid list, ETSU has also earned the #8 rank in our “Best Economics Schools in Tennessee” ranking. The yearly cost to attend ETSU is $14,332 for tennessee economics students with aid.

Full East Tennessee State University Economics Report

#7

Rhodes College

Memphis, Tennessee
#2 in overall quality
$27,540 Average Net Price
$35,286 Average Early-Career Earnings

Rhodes College came in at #7 in this year’s edition of the Best Value Economics Schools in Tennessee For Those Getting Aid ranking. Located in Memphis, Tennessee, this small private not-for-profit school handed out 25 degrees to qualified ’s economics students in 2019-2020.

Rhodes College not only placed well in this ranking. It is also #2 on our “Best Economics Schools in Tennessee” list. The estimated yearly cost for Rhodes College is $27,540 for Tennessee Economics students with aid.

The student loan default rate at the school is 2.0%, 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%. 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.

Read full report on Economics at Rhodes College

#8

Sewanee - The University of the South

Sewanee, Tennessee
#3 in overall quality
$30,474 Average Net Price
$37,360 Average Early-Career Earnings

Sewanee - The University of the South ranked #8 on this year’s Best Value Economics Schools in Tennessee For Those Getting Aid list. This small school is located in Sewanee, Tennessee, and it awarded 62 ’s economics degrees in 2019-2020.

Sewanee also took the #3 spot in our “Best Economics Schools in Tennessee” ranking. It costs about $30,474 for tennessee economics students with aid per year to attend Sewanee - The University of the South.

Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 3.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Full Sewanee - The University of the South 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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