2022 Best Value Master’s Degree Colleges for Economics in Maryland

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 Master’s in Maryland” ranking as one item you can use to help make this 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 Maryland, there were 1,417 economics graduates with average earnings and debt of $53,757 and $22,018 respectively. At the master’s degree level specifically, there were 338 economics graduates with average earnings and debt of $60,477 and $45,000 respectively.

This year’s “Best Value Economics Schools for a Master’s in Maryland” ranking analyzed 2 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.

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. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Master’s in Maryland” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Economics Schools for a Master’s in Maryland

The colleges and universities below are the best for maryland master’s degree economics students.

Top 2 Best Value Master’s Degree Colleges for Economics in Maryland

#1

University of Maryland - College Park

College Park, Maryland

#2 in overall quality

$30,885 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #1 on our 2022 Best Value Economics Schools for a Master’s in Maryland list. UMCP is located in College Park, Maryland and, has a large student population. In 2019-2020, this school awarded 59 masters’s economics degrees to qualified students.

UMCP not only placed well in this ranking. It is also #2 on our “Best Economics Master’s Degree Schools in Maryland” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Maryland - College Park are $30,885.

Full University of Maryland - College Park Economics Report

#2

Johns Hopkins University

Baltimore, Maryland

#1 in overall quality

$59,425 Avg Grad Tuition & Fees

$100,951 Average Early-Career Earnings

You’ll be in good company if you decide to attend Johns Hopkins University. It ranked #2 on our 2022 Best Value Economics Schools for a Master’s in Maryland list. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 278 masters’s degrees in 2019-2020.

In addition to being on our maryland master’s degree economics students list, Johns Hopkins has also earned the #1 rank in our “Best Economics Master’s Degree Schools in Maryland” ranking. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.

Read more about Economics at Johns Hopkins University

• Best Value Master’s Degree Colleges for Economics in the Middle Atlantic Region
• Best Value Master’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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