by our College Data Analytics Team
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Schools Highly Focused on Economics Major in Maryland” ranking - to help you make that decision.
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.
This year’s “Schools Highly Focused on Economics Major in Maryland” ranking analyzed 16 colleges that offered a degree 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.
Check out our ranking methodology for more information.
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Schools Highly Focused on Economics Major in Maryland” list, to help you choose the best school for you.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
The colleges and universities below are the best for maryland economics students.
Out of the 16 schools in the Schools Highly Focused on Economics Major in Maryland that were part of this year’s ranking, United States Naval Academy landed the #1 spot on the list. Annapolis is a small school located in Annapolis, Maryland that handed out 166 ’s economics degrees in 2020-2021.
You’ll join some of the best and brightest minds around if you attend Frostburg State University. The school came in at #2 for the Schools Highly Focused on Economics Major in Maryland. This small school is located in Frostburg, Maryland, and it awarded 165 ’s economics degrees in 2020-2021.
You’ll join some of the best and brightest minds around if you attend St Mary’s College of Maryland. The school came in at #3 for the Schools Highly Focused on Economics Major in Maryland. St Mary’s College of Maryland is located in St. Mary’s City, Maryland and, has a small student population. In 2020-2021, this school awarded 39 ’s economics degrees to qualified 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%. 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.
You’ll be in good company if you decide to attend Washington College. It ranked #4 on our 2023 Schools Highly Focused on Economics Major in Maryland list. This small school is located in Chestertown, Maryland, and it awarded 28 ’s economics degrees in 2020-2021.
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 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 513 ’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 1.8% 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 95%, which means students like the school well enough to return for a second year.
Read more about Economics at University of Maryland - College Park
Johns Hopkins University did quite well in the 2023 Schools Highly Focused on Economics Major in Maryland ranking, coming in at #6. Located in Baltimore, Maryland, this large private not-for-profit school awarded 417 degrees to qualified ’s economics students in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.
University of Maryland - Baltimore County landed the #7 spot on the 2023 Schools Highly Focused on Economics Major in Maryland ranking. UMBC is located in Baltimore, Maryland and, has a fairly large student population. In 2020-2021, this school awarded 120 ’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 ranked #8 on this year’s Schools Highly Focused on Economics Major in Maryland list. Mount St Mary’s University is a private not-for-profit institution located in Emmitsburg, Maryland. The school has a small population, and it awarded 13 ’s degrees in 2020-2021.
The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.
Towson University landed the #9 spot on the 2023 Schools Highly Focused on Economics Major in Maryland ranking. This large school is located in Towson, Maryland, and it awarded 95 ’s economics degrees 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
With a ranking of #10, Goucher College did quite well on the 2023 Schools Highly Focused on Economics Major in Maryland list. This small school is located in Baltimore, Maryland, and it awarded 8 ’s economics degrees in 2020-2021.
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 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 landed the #11 spot on the 2023 Schools Highly Focused on Economics Major in Maryland ranking. Loyola Maryland is a medium-sized private not-for-profit school situated in Baltimore, Maryland. It awarded 22 ’s economics degrees in 2020-2021.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
Hood College came in at #12 in this year’s edition of the Schools Highly Focused on Economics Major in Maryland ranking. Located in Frederick, Maryland, this small private not-for-profit school awarded 5 degrees to qualified ’s economics 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%.
Salisbury University landed the #13 spot on the 2023 Schools Highly Focused on Economics Major in Maryland ranking. Salisbury University is a medium-sized public school situated in Salisbury, Maryland. It awarded 18 ’s economics degrees 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%.
With a ranking of #14, McDaniel College did quite well on the 2023 Schools Highly Focused on Economics Major in Maryland list. Located in Westminster, Maryland, this small private not-for-profit school awarded 4 degrees to qualified ’s economics students 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 landed the #15 spot on the 2023 Schools Highly Focused on Economics Major in Maryland ranking. Morgan State University is a medium-sized school located in Baltimore, Maryland that handed out 4 ’s economics degrees in 2020-2021.
Strayer University - Maryland did quite well in the 2023 Schools Highly Focused on Economics Major in Maryland ranking, coming in at #16. Strayer University - Maryland is located in Suitland, Maryland and, has a small student population. In 2020-2021, this school awarded 0 ’s economics degrees to qualified students.
Read more about our data sources and methodologies
