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2022 Best Value Economics Schools for a Doctorate in Pennsylvania

7 Ranked Colleges
47 Degrees Awarded
$36,700 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Doctorate in Pennsylvania

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools for a Doctorate in Pennsylvania” ranking - to help you make that decision.

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 Pennsylvania, there were 1,802 economics graduates with average earnings and debt of $48,304 and $24,346 respectively. At the doctor’s degree level specifically, there were 47 economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Economics Schools for a Doctorate in Pennsylvania” ranking analyzed 7 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.

One Size Does Not Fit All

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 Doctorate in Pennsylvania” list to help you make the college decision.

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. 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 Doctorate in Pennsylvania

The following schools top our list of the Best Best Value Economics Schools for a Doctorate in Pennsylvania.

Top 7 Best Value Doctor’s Degree Colleges for Economics in Pennsylvania

#1

Pennsylvania State University - University Park

University Park, Pennsylvania
#4 in overall quality

Out of the 7 schools in the Best Value Economics Schools for a Doctorate in Pennsylvania that were part of this year’s ranking, Pennsylvania State University - University Park landed the #1 spot on the list.

Penn State University Park not only placed well in this ranking. It is also #4 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Pennsylvania State University - University Park are $38,728.

Full Pennsylvania State University - University Park Economics Report

#5 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Pittsburgh - Pittsburgh Campus. The school came in at #2 for the Best Value Economics Schools for a Doctorate in Pennsylvania. Located in Pittsburgh, Pennsylvania, this large public school handed out 7 diplomas to qualified doctorate’s economics students in 2019-2020.

Pitt also took the #5 spot in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at University of Pittsburgh - Pittsburgh Campus are $40,836, but you may pay more or less depending on your major.

Read full report on Economics at University of Pittsburgh - Pittsburgh Campus

#3

Temple University

Philadelphia, Pennsylvania
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Temple University. The school came in at #3 for the Best Value Economics Schools for a Doctorate in Pennsylvania. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The public school handed out doctorate’s economics degrees to 4 students in 2019-2020.

Temple not only placed well in this ranking. It is also #7 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Temple are $24,236.

Read full report on Economics at Temple University

#4

Lehigh University

Bethlehem, Pennsylvania
#3 in overall quality

Out of the 7 schools in the Best Value Economics Schools for a Doctorate in Pennsylvania that were part of this year’s ranking, Lehigh University landed the #4 spot on the list. Lehigh University is a private not-for-profit institution located in Bethlehem, Pennsylvania. The school has a medium-sized population, and it awarded 6 doctorate’s degrees in 2019-2020.

As a testament to the quality of education offered at Lehigh, the school also landed the #3 spot in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Lehigh University are $27,130, but some majors have different tuition rates.

Read more about Economics at Lehigh University

#5

University of Pennsylvania

Philadelphia, Pennsylvania
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Pennsylvania. The school came in at #5 for the Best Value Economics Schools for a Doctorate in Pennsylvania. University of Pennsylvania is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 17 doctorate’s economics degrees to qualified students.

UPenn did well in our major quality rankings, too. It placed #1 on our “Best Economics Doctor’s Degree Schools in Pennsylvania” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UPenn are $41,760.

Full University of Pennsylvania Economics Report

#6

Drexel University

Philadelphia, Pennsylvania
#6 in overall quality

Drexel University ranked #6 on this year’s Best Value Economics Schools for a Doctorate in Pennsylvania list. Drexel University is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 4 doctorate’s economics degrees to qualified students.

In addition to being on our pennsylvania doctor’s degree economics students list, Drexel has also earned the #6 rank in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Drexel are $37,074.

Read more about Economics at Drexel

#7

Carnegie Mellon University

Pittsburgh, Pennsylvania
#2 in overall quality

Carnegie Mellon University ranked #7 on this year’s Best Value Economics Schools for a Doctorate in Pennsylvania list. Pittsburgh, Pennsylvania is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out doctorate’s economics degrees to 9 students in 2019-2020.

As a testament to the quality of education offered at Carnegie Mellon, the school also landed the #2 spot in our “Best Economics Doctor’s Degree Schools in Pennsylvania” ranking. Average graduate tuition and fees at Carnegie Mellon University are $47,326, but some majors have different tuition rates.

Full Carnegie Mellon University Economics Report

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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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