2023 Schools for a Doctorate Highly Focused on Economics Major in Massachusetts
9
Ranked Colleges
116
Degrees Awarded
$36,900
Avg Cost*
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Schools for a Doctorate Highly Focused on Economics Major in Massachusetts” ranking is part of that endeavor.
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 Massachusetts, there were 3,401 economics graduates with average earnings and debt of $54,893 and $21,952 respectively. At the doctor’s degree level specifically, there were 116 economics graduates with average earnings and debt of $82,580 and $0 respectively.
For this year’s “Schools for a Doctorate Highly Focused on Economics Major in Massachusetts” ranking, we looked at 9 colleges that offer a degree in economics. This a ranking of the schools where the largest percentage of students has enrolled in economics.
For more information, check out our ranking methodology.
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 “Schools for a Doctorate Highly Focused on Economics Major in Massachusetts” list to help you make the college 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Schools for a Doctorate Highly Focused on Economics Major in Massachusetts
The following schools top our list of the Best “Schools for a Doctorate Highly Focused on Economics Major in Massachusetts”.
Top 9 Most Focused Doctor’s Degree Colleges for Economics in Massachusetts
You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Schools for a Doctorate Highly Focused on Economics Major in Massachusetts. MIT is located in Cambridge, Massachusetts and, has a fairly large student population. In 2020-2021, this school awarded 22 doctorate’s economics degrees to qualified students.
The undergraduate student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low undergrad student loan default rate of 0.3% 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%. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year.
Read more about Economics at MIT
You’ll be in good company if you decide to attend Harvard University. It ranked #2 on our 2023 Schools for a Doctorate Highly Focused on Economics Major in Massachusetts list. Located in Cambridge, Massachusetts, this large private not-for-profit school handed out 43 degrees to qualified doctorate’s economics students in 2020-2021.
The low undergrad student loan default rate of 0.9% 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%. With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Economics at Harvard University
Out of the 9 schools in the Schools for a Doctorate Highly Focused on Economics Major in Massachusetts that were part of this year’s ranking, Boston University landed the #3 spot on the list. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out doctorate’s economics degrees to 22 students in 2020-2021.
The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students.
Full Boston University Economics Report
Out of the 9 schools in the Schools for a Doctorate Highly Focused on Economics Major in Massachusetts that were part of this year’s ranking, University of Massachusetts Amherst landed the #4 spot on the list. University of Massachusetts Amherst is located in Amherst, Massachusetts and, has a large student population. In 2020-2021, this school awarded 15 doctorate’s economics degrees to qualified students.
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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Full University of Massachusetts Amherst Economics Report
Out of the 9 schools in the Schools for a Doctorate Highly Focused on Economics Major in Massachusetts that were part of this year’s ranking, Clark University landed the #5 spot on the list. Clark is a small school located in Worcester, Massachusetts that handed out 2 doctorate’s economics degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
Read full report on Economics at Clark
With a ranking of #6, Boston College did quite well on the 2023 Schools for a Doctorate Highly Focused on Economics Major in Massachusetts list. Boston College is a fairly large school located in Chestnut Hill, Massachusetts that handed out 6 doctorate’s economics degrees in 2020-2021.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
Read more about Economics at Boston College
Brandeis University did quite well in the 2023 Schools for a Doctorate Highly Focused on Economics Major in Massachusetts ranking, coming in at #7. Located in Waltham, Massachusetts, this medium-sized private not-for-profit school handed out 2 degrees to qualified doctorate’s economics students in 2020-2021.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Read more about Economics at Brandeis
Suffolk University did quite well in the 2023 Schools for a Doctorate Highly Focused on Economics Major in Massachusetts ranking, coming in at #8. Suffolk is a private not-for-profit institution located in Boston, Massachusetts. The school has a medium-sized population, and it awarded 1 doctorate’s degrees in 2020-2021.
The low undergrad student loan default rate of 4.3% 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%.
Read more about Economics at Suffolk University
Northeastern University landed the #9 spot on the 2023 Schools for a Doctorate Highly Focused on Economics Major in Massachusetts ranking. This large school is located in Boston, Massachusetts, and it awarded 3 doctorate’s economics degrees in 2020-2021.
The undergrad student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Read full report on Economics at Northeastern
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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
- *Avg Salary and Avg 4-Year Grad Rate 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
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