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2022 Best Value Economics Schools for a Bachelor’s in Indiana

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

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Economics Schools for a Bachelor’s in Indiana” ranking is part of that endeavor.

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” 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.

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. For more information, check out our ranking methodology.

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 for a Bachelor’s in Indiana”.

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 for a Bachelor’s in Indiana

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

Top 14 Best Value Bachelor’s Degree Colleges for Economics in Indiana

#1

Purdue University - Main Campus

West Lafayette, Indiana

Out of the 14 schools in the Best Value Economics Schools for a Bachelor’s in Indiana that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue 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.

In addition to being on our indiana bachelor’s degree economics students list, Purdue has also earned the #3 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue is $13,986 for Indiana Bachelor’s Degree Economics students.

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 school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.

Full Purdue University - Main Campus Economics Report

#2

Indiana University - Bloomington

Bloomington, Indiana

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in Indiana list. IU Bloomington is a large public school situated in Bloomington, Indiana. It awarded 133 bachelors’s economics degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students list, IU Bloomington has also earned the #4 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $13,253 for Indiana Bachelor’s Degree Economics students per year to attend Indiana University - Bloomington.

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

Full Indiana University - Bloomington Economics Report

#3

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 #3 for the Best Value Economics Schools for a Bachelor’s in Indiana. Ball State University is a large school located in Muncie, Indiana that handed out 44 bachelors’s economics degrees in 2019-2020.

Ball State also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #7. It costs about $15,147 for Indiana Bachelor’s Degree Economics students per year to attend Ball State.

Read full report on Economics at Ball State University

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #3 for the Best Value Economics Schools for a Bachelor’s in Indiana. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 24 bachelors’s economics degrees in 2019-2020.

IUPUI also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $11,285 for Indiana Bachelor’s Degree Economics students.

Read full report on Economics at Indiana University - Purdue University - Indianapolis

#5

University of Southern Indiana

Evansville, Indiana

You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #5 on our 2022 Best Value Economics Schools for a Bachelor’s in Indiana list. USI is a fairly large school located in Evansville, Indiana that handed out 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. It costs about $13,437 for indiana bachelor’s degree economics students per year to attend USI.

The low student loan default rate of 5.0% 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 USI Economics Report

#6

Purdue University Fort Wayne

Fort Wayne, Indiana
#13 in overall quality

Purdue University Fort Wayne ranked #6 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana list. PFW is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 5 bachelors’s economics degrees to qualified students.

In addition to being on our indiana bachelor’s degree economics students list, PFW has also earned the #13 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend PFW is $10,912 for Indiana Bachelor’s Degree Economics students.

Read full report on Economics at Purdue University Fort Wayne

#7

Indiana University - Southeast

New Albany, Indiana
#14 in overall quality

Indiana University - Southeast came in at #7 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana ranking. Indiana University - Southeast is a public institution located in New Albany, Indiana. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.

Indiana University - Southeast also made our “Best Economics Bachelor’s Degree Schools in Indiana” list, coming in at #14. The estimated yearly cost for Indiana University - Southeast is $10,657 for indiana bachelor’s degree economics students.

Read full report on Economics at Indiana University - Southeast

#8

Indiana State University

Terre Haute, Indiana
#12 in overall quality

Indiana State University ranked #8 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana list. Indiana State University is located in Terre Haute, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 6 bachelors’s economics degrees to qualified students.

Indiana State also took the #12 spot in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $13,896 for Indiana Bachelor’s Degree Economics students per year to attend Indiana State University.

Read full report on Economics at Indiana State University

#9

Hanover College

Hanover, Indiana

Hanover College came in at #9 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana 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.

Hanover did well in our major quality rankings, too. It placed #6 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Hanover is $20,952 for indiana bachelor’s degree economics students.

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 full report on Economics at Hanover

#10

University of Evansville

Evansville, Indiana
#10 in overall quality

University of Evansville landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Indiana ranking. This small school is located in Evansville, Indiana, and it awarded 8 bachelors’s economics degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students list, UE has also earned the #10 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $21,626 for indiana bachelor’s degree economics students per year to attend UE.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read full report on Economics at UE

#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 list. Located in Crawfordsville, Indiana, this small private not-for-profit school awarded 22 diplomas to qualified bachelors’s economics students in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students list, Wabash has also earned the #5 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Wabash is $19,015 for indiana bachelor’s degree economics students.

Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Wabash

#12

Valparaiso University

Valparaiso, Indiana

Valparaiso University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Indiana ranking, coming in at #12. Located in Valparaiso, Indiana, this small private not-for-profit school awarded 11 degrees to qualified bachelors’s economics students in 2019-2020.

Valpo not only placed well in this ranking. It is also #8 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Valparaiso University is $18,852 for Indiana Bachelor’s Degree Economics students.

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 full report on Economics at Valpo

#13

DePauw University

Greencastle, Indiana

DePauw University ranked #13 on this year’s Best Value Economics Schools for a Bachelor’s in Indiana list. DePauw University is a private not-for-profit institution located in Greencastle, Indiana. The school has a small population, and it awarded 63 bachelors’s degrees in 2019-2020.

DePauw did well in our major quality rankings, too. It placed #2 on our “Best Economics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend DePauw University is $23,078 for indiana bachelor’s degree economics students.

The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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 school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read more about Economics at DePauw

#14

University of Notre Dame

Notre Dame, Indiana

University of Notre Dame came in at #14 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Indiana ranking. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 243 bachelors’s economics degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree economics students list, Notre Dame has also earned the #1 rank in our “Best Economics Bachelor’s Degree Schools in Indiana” ranking. It costs about $33,025 for indiana bachelor’s degree economics students per year to attend University of Notre Dame.

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

Full Notre Dame 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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