by our College Data Analytics Team
Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland” ranking.
In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.
Across Maryland, there were 1,617 economics graduates with average earnings and debt of $56,790 and $21,334 respectively. At the bachelor’s degree level specifically, there were 1,229 economics graduates with average earnings and debt of $40,642 and $26,517 respectively.
This year’s “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland” ranking looked at 16 colleges that offer degrees in a bachelor’s in economics. That schools that top this list have a program in economics in which the largest percentage of students at the school are enrolled.
For more information, check out our ranking methodology.
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland” ranking, along with many other major-related rankings, to help you make that 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.
The following schools top our list of the Best “Schools for a Bachelor’s Highly Focused on Economics Major in Maryland”.
You’ll be in good company if you decide to attend United States Naval Academy. It ranked #1 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. United States Naval Academy is located in Annapolis, Maryland and, has a small student population. In 2020-2021, this school awarded 166 bachelors’s economics degrees to qualified students.
Read full report on Economics at United States Naval Academy
Out of the 16 schools in the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland that were part of this year’s ranking, Frostburg State University landed the #2 spot on the list. This small school is located in Frostburg, Maryland, and it awarded 165 bachelors’s economics degrees in 2020-2021.
You’ll be in good company if you decide to attend St Mary’s College of Maryland. It ranked #3 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. St Mary’s College of Maryland is a public institution located in St. Mary’s City, Maryland. The school has a small population, and it awarded 39 bachelors’s degrees in 2020-2021.
The undergrad student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate 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.
You’ll be in good company if you decide to attend Washington College. It ranked #4 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Washington College is located in Chestertown, Maryland and, has a small student population. In 2020-2021, this school awarded 28 bachelors’s economics degrees to qualified students.
With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 2.3% 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%.
Out of the 16 schools in the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland that were part of this year’s ranking, University of Maryland - College Park landed the #5 spot on the list. UMCP is a large public school situated in College Park, Maryland. It awarded 432 bachelors’s economics degrees in 2020-2021.
With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%.
University of Maryland - Baltimore County landed the #6 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. University of Maryland - Baltimore County is located in Baltimore, Maryland and, has a fairly large student population. In 2020-2021, this school awarded 114 bachelors’s economics degrees to qualified students.
With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
Mount St Mary’s University came in at #7 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. Mount St Mary’s University is located in Emmitsburg, Maryland and, has a small student population. In 2020-2021, this school awarded 13 bachelors’s economics degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.
Towson University ranked #8 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Located in Towson, Maryland, this large public school awarded 95 degrees to qualified bachelors’s economics students in 2020-2021.
With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 2.7% 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%.
Goucher College ranked #9 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Located in Baltimore, Maryland, this small private not-for-profit school awarded 8 degrees to qualified bachelors’s economics students in 2020-2021.
Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.
Loyola University Maryland came in at #10 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. Loyola University Maryland is a medium-sized school located in Baltimore, Maryland that handed out 22 bachelors’s economics degrees in 2020-2021.
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 undergrad student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.
Johns Hopkins University landed the #11 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. Johns Hopkins University is located in Baltimore, Maryland and, has a large student population. In 2020-2021, this school awarded 116 bachelors’s economics degrees to qualified students.
The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 6 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.
Hood College did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking, coming in at #12. Frederick, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 5 students in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
With a ranking of #13, Salisbury University did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Located in Salisbury, Maryland, this medium-sized public school handed out 18 diplomas to qualified bachelors’s economics students in 2020-2021.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
McDaniel College came in at #14 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking. McDaniel College is a small school located in Westminster, Maryland that handed out 4 bachelors’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 2.5% 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%.
Morgan State University did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Maryland ranking, coming in at #15. Morgan State University is a medium-sized school located in Baltimore, Maryland that handed out 4 bachelors’s economics degrees in 2020-2021.
Strayer University - Maryland ranked #16 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Maryland list. Strayer University - Maryland is a small private for-profit school situated in Suitland, Maryland. It awarded 0 bachelors’s economics degrees in 2020-2021.
Read full report on Economics at Strayer University - Maryland
Read more about our data sources and methodologies
