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

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Economics Schools for a Bachelor’s in Alabama” ranking as one item you can use to help make this decision.

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 Alabama, there were 71 economics graduates with average earnings and debt of $0 and $20,750 respectively. At the bachelor’s degree level specifically, there were 66 economics graduates with average earnings and debt of $37,191 and $26,651 respectively.

This year’s “Best Value Economics Schools for a Bachelor’s in Alabama” ranking analyzed 3 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the economics program at the school. See our ranking methodology to learn more.

More Ways to Rank Economics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools for a Bachelor’s in Alabama” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Economics Schools for a Bachelor’s in Alabama

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

Top 3 Best Value Bachelor’s Degree Colleges for Economics in Alabama

#1

Auburn University

Auburn, Alabama

#1 in overall quality

$24,104 Average Net Price

$43,798 Average Early-Career Earnings

Out of the 3 schools in the Best Value Economics Schools for a Bachelor’s in Alabama that were part of this year’s ranking, Auburn University landed the #1 spot on the list. Auburn University is a large public school situated in Auburn, Alabama. It awarded 24 bachelors’s economics degrees in 2019-2020.

Auburn not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in Alabama” list. The estimated yearly cost for Auburn is $24,104 for Alabama Bachelor’s Degree Economics students.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The low student loan default rate of 2.9% 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 Auburn University Economics Report

#2

Troy University

Troy, Alabama

#3 in overall quality

$14,285 Average Net Price

You’ll be in good company if you decide to attend Troy University. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in Alabama list. Troy University is a public institution located in Troy, Alabama. The school has a fairly large population, and it awarded 4 bachelors’s degrees in 2019-2020.

TROY did well in our major quality rankings, too. It placed #3 on our “Best Economics Bachelor’s Degree Schools in Alabama” list. The yearly cost to attend TROY is $14,285 for alabama bachelor’s degree economics students.

Read more about Economics at Troy University

#3

Samford University

Birmingham, Alabama

#2 in overall quality

$29,673 Average Net Price

You’ll be in good company if you decide to attend Samford University. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Alabama list. Samford is located in Birmingham, Alabama and, has a medium-sized student population. In 2019-2020, this school awarded 5 bachelors’s economics degrees to qualified students.

Samford not only placed well in this ranking. It is also #2 on our “Best Economics Bachelor’s Degree Schools in Alabama” list. The yearly cost to attend Samford is $29,673 for Alabama Bachelor’s Degree Economics students.

The school has an excellent freshman retention rate of 87%, 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 2.6%, which is much lower than the national rate of 10.1%.

Read more about Economics at Samford

• Best Value Bachelor’s Degree Colleges for Economics in the Southeast Region
• Best Value Bachelor’s Degree Colleges for Economics

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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