2027 Best Value Economics Master’s Degree Schools

[Economics](/majors/social-sciences/economics/) degree programs vary widely in price and payoff across the country. The best values balance affordable tuition against strong post-graduation earnings.
For its 2027 best-value ranking, College Factual looked at 114 schools to find the best return on investment for economics students.
What’s on this page:
2027 Best Value Economics Schools in the United States
If you want to know which schools deliver the best value for the economics degrees they offer, see the list below.
Best Value Economics Schools
Princeton University earned the #1 spot for value among economics schools in the United States. Princeton University is a moderately-sized private not-for-profit school located in the city of Princeton. Expect in-state tuition and fees of around $62,688. Typical student debt for economics graduates is $11,250. Early-career economics graduates make about $103,041. Weighed against typical debt, the earnings make a compelling case for value. Princeton University admits about 5% of applicants.
Students looking for strong value in economics will find it at University Of Florida, which ranked #2. Located in the city of Gainesville, University Of Florida is a very large public university. The average in-state cost of tuition and fees is $6,381, compared with $28,659 for out-of-state students. Typical student debt for economics graduates is $15,851. Economics graduates of University Of Florida earn a median of $42,349 early in their careers. That is a strong return on a $15,851 median debt. The acceptance rate is 24%.
A rank of #3 makes Cuny Hunter College one of the best values for economics. Cuny Hunter College is a very large public school located in the city of New York. Expect in-state tuition and fees of around $7,382, while out-of-state students pay about $15,332. Typical student debt for economics graduates is $14,000. Soon after graduation, economics degree recipients from Cuny Hunter College generally make around $34,580. Set against $14,000 in median debt, that is a healthy payoff. The acceptance rate is 54%.
Georgia Institute Of Technology Main Campus is a great value for students pursuing a degree in economics, landing the #4 spot this year. Set in the city of Atlanta, Georgia Institute Of Technology Main Campus is a very large public institution. Expect in-state tuition and fees of around $12,058, with out-of-state students paying around $34,484. Typical student debt for economics graduates is $24,323. Soon after graduation, economics degree recipients from Georgia Institute Of Technology Main Campus generally make around $83,560. That is a strong return on a $24,323 median debt. The acceptance rate is 14%.
The strong cost-to-outcome balance at Cuny City College earned it the #5 place for economics. Cuny City College is a large public school located in the city of New York. Students from in state pay about $7,340 in tuition and fees, compared with $15,290 for out-of-state students. Economics graduates carry a median of $7,300 in student loans. Early-career economics graduates make about $45,556. That is a strong return on a $7,300 median debt. Roughly 60% of applicants are accepted.
University Of California Los Angeles placed #6 among the best values for economics. Located in the city of Los Angeles, University Of California Los Angeles is a very large public university. In-state tuition and fees average $14,233, while out-of-state students pay about $46,121. Students borrow a median of $15,000 to complete the economics program here. Soon after graduation, economics degree recipients from University Of California Los Angeles generally make around $62,091. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 9%.
Cuny John Jay College Of Criminal Justice came in at #7 for value in economics this year. Set in the city of New York, Cuny John Jay College Of Criminal Justice is a large public institution. Students from in state pay about $7,470 in tuition and fees, while out-of-state students pay about $15,420. Typical student debt for economics graduates is $11,750. Soon after graduation, economics degree recipients from Cuny John Jay College Of Criminal Justice generally make around $33,709. Weighed against typical debt, the earnings make a compelling case for value. Cuny John Jay College Of Criminal Justice admits about 57% of applicants.
Florida State University landed the #8 spot for economics value this year. Florida State University is a very large public school located in the city of Tallahassee. Expect in-state tuition and fees of around $6,517, compared with $21,683 for out-of-state students. Typical student debt for economics graduates is $17,625. Economics graduates of Florida State University earn a median of $74,592 early in their careers. Set against $17,625 in median debt, that is a healthy payoff. Roughly 24% of applicants are accepted.
University Of Michigan Ann Arbor placed #9 among the best values for economics. Located in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public university. Expect in-state tuition and fees of around $18,848, while out-of-state students pay about $63,081. Typical student debt for economics graduates is $19,690. Economics graduates of University Of Michigan Ann Arbor earn a median of $68,416 early in their careers. That is a strong return on a $19,690 median debt. Roughly 16% of applicants are accepted.
University Of California San Diego landed the #10 spot for economics value this year. Located in the city of La Jolla, University Of California San Diego is a very large public university. Expect in-state tuition and fees of around $15,788, with out-of-state students paying around $47,676. Typical student debt for economics graduates is $15,000. Soon after graduation, economics degree recipients from University Of California San Diego generally make around $51,192. Weighed against typical debt, the earnings make a compelling case for value. Roughly 27% of applicants are accepted.
Rice University landed the #11 spot for economics value this year. Set in the city of Houston, Rice University is a moderately-sized private not-for-profit institution. In-state tuition and fees average $61,247. Students borrow a median of $11,289 to complete the economics program here. Economics graduates of Rice University earn a median of $78,814 early in their careers. Set against $11,289 in median debt, that is a healthy payoff. The acceptance rate is 8%.
San Jose State University earned the #12 position for value in economics this year. San Jose State University is a very large public school located in the city of San Jose. In-state tuition and fees average $8,410, with out-of-state students paying around $21,010. Ten years after enrolling, students earn a median of $78,988. The acceptance rate is 85%.
The University Of Texas At El Paso landed the #13 spot for economics value this year. Located in the city of El Paso, The University Of Texas At El Paso is a very large public university. Expect in-state tuition and fees of around $9,544, with out-of-state students paying around $25,502. Typical student debt for economics graduates is $19,819. Early-career economics graduates make about $48,335. That is a strong return on a $19,819 median debt. The acceptance rate is 100%.
Stanford University ranked #14 on our 2027 list of the best value economics schools. Set in the suburb of Stanford, Stanford University is a very large private not-for-profit institution. In-state tuition and fees average $65,910. Economics graduates carry a median of $12,500 in student loans. Soon after graduation, economics degree recipients from Stanford University generally make around $98,104. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 4%.
University Of Illinois At Chicago earned the #15 position for value in economics this year. University Of Illinois At Chicago is a very large public school located in the city of Chicago. The average in-state cost of tuition and fees is $15,949, while out-of-state students pay about $32,009. Students borrow a median of $19,002 to complete the economics program here. Early-career economics graduates make about $37,767. Weighed against typical debt, the earnings make a compelling case for value. University Of Illinois At Chicago admits about 77% of applicants.
University Of Chicago ranked #16 on our 2027 list of the best value economics schools. Located in the city of Chicago, University Of Chicago is a very large private not-for-profit university. The average in-state cost of tuition and fees is $69,324. Students borrow a median of $13,197 to complete the economics program here. Soon after graduation, economics degree recipients from University Of Chicago generally make around $92,075. Weighed against typical debt, the earnings make a compelling case for value. Roughly 4% of applicants are accepted.
University Of Illinois At Urbana Champaign placed #17 among the best values for economics. Set in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public institution. The average in-state cost of tuition and fees is $18,267, compared with $40,096 for out-of-state students. Typical student debt for economics graduates is $21,228. Soon after graduation, economics degree recipients from University Of Illinois At Urbana Champaign generally make around $58,921. Set against $21,228 in median debt, that is a healthy payoff. The acceptance rate is 42%.
Florida Atlantic University ranked #18 on our 2027 list of the best value economics schools. Located in the city of Boca Raton, Florida Atlantic University is a very large public university. Expect in-state tuition and fees of around $4,879, with out-of-state students paying around $17,324. Typical student debt for economics graduates is $25,111. Early-career economics graduates make about $48,632. Weighed against typical debt, the earnings make a compelling case for value. Roughly 66% of applicants are accepted.
California State Polytechnic University Pomona came in at #19 for value in economics this year. Set in the suburb of Pomona, California State Polytechnic University Pomona is a very large public institution. Students from in state pay about $7,781 in tuition and fees, with out-of-state students paying around $20,381. Economics graduates carry a median of $11,858 in student loans. Early-career economics graduates make about $39,836. That is a strong return on a $11,858 median debt. Roughly 75% of applicants are accepted.
University Of Georgia earned the #20 position for value in economics this year. University Of Georgia is a very large public school located in the city of Athens. The average in-state cost of tuition and fees is $11,450, compared with $31,688 for out-of-state students. Economics graduates carry a median of $16,924 in student loans. Economics graduates of University Of Georgia earn a median of $49,725 early in their careers. That is a strong return on a $16,924 median debt. Roughly 38% of applicants are accepted.
University Of Washington Seattle Campus came in at #21 for value in economics this year. Located in the city of Seattle, University Of Washington Seattle Campus is a very large public university. The average in-state cost of tuition and fees is $12,973, compared with $43,209 for out-of-state students. Economics graduates carry a median of $14,166 in student loans. Early-career economics graduates make about $53,934. Set against $14,166 in median debt, that is a healthy payoff. Roughly 39% of applicants are accepted.
University Of California Davis earned the #22 position for value in economics this year. Located in the suburb of Davis, University Of California Davis is a very large public university. The average in-state cost of tuition and fees is $15,804, with out-of-state students paying around $47,692. Typical student debt for economics graduates is $13,000. Soon after graduation, economics degree recipients from University Of California Davis generally make around $50,295. Weighed against typical debt, the earnings make a compelling case for value. Roughly 42% of applicants are accepted.
Vanderbilt University ranked #23 on our 2027 list of the best value economics schools. Vanderbilt University is a large private not-for-profit school located in the city of Nashville. The average in-state cost of tuition and fees is $67,498. Economics graduates carry a median of $12,424 in student loans. Soon after graduation, economics degree recipients from Vanderbilt University generally make around $84,311. Weighed against typical debt, the earnings make a compelling case for value. Roughly 6% of applicants are accepted.
University Of Missouri Kansas City landed the #24 spot for economics value this year. Located in the city of Kansas City, University Of Missouri Kansas City is a large public university. Students from in state pay about $13,371 in tuition and fees, compared with $32,271 for out-of-state students. Typical student debt for economics graduates is $23,741. Soon after graduation, economics degree recipients from University Of Missouri Kansas City generally make around $60,324. That is a strong return on a $23,741 median debt. University Of Missouri Kansas City admits about 72% of applicants.
Purdue University Main Campus placed #25 among the best values for economics. Located in the city of West Lafayette, Purdue University Main Campus is a very large public university. The average in-state cost of tuition and fees is $9,992, with out-of-state students paying around $28,794. Typical student debt for economics graduates is $24,700. Soon after graduation, economics degree recipients from Purdue University Main Campus generally make around $59,187. Set against $24,700 in median debt, that is a healthy payoff. Purdue University Main Campus admits about 50% of applicants.
Rest of the Top 50 Best Value Economics Schools
Not far behind, these schools also offered excellent value in economics:
Other Economics Degree Levels
Looking for a different degree level? Compare best-value Economics rankings across degree levels:
View All Economics Rankings >
Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 114 schools evaluated.
*Averages shown above reflect the top 114 ranked schools only.
- 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).
More about our data sources and methodologies.