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2021 Best Economics Colleges for Veterans

275 Colleges
40,046 Bachelor's Degrees
$36,376 Avg Cost*

Finding the Best Economics Schools for Vets

Best Economics Colleges for VeteransIn 2019-2020, 40,046 people earned their bachelor's in economics, making the major the #14 most popular in the United States.

For this year's Best Economics Colleges for Veterans ranking, we looked at 275 colleges that offer a bachelor's in economics. The schools that top this list are recognized because they have great economics programs and a strong support system for veterans and active service members.

To come up with these rankings, we looked at factors such as veteran satisfaction, veteran affordability, and overall quality of the economics program at the school. See our ranking methodology to learn more.

More Ways to Rank Economics Schools

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 Best Economics Schools for Veterans 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. When you have some time, check it out - you may want to bookmark the link so you don't forget it.

2021 Best Economics Schools for Veterans in the United States

The colleges and universities below are the best for vets studying economics.

Top 25 Most Veteran Friendly Economics Schools

University of Chicago earned the #1 spot in our 2021 rankings. Located in the city of Chicago, UChicago is a private not-for-profit college with a large student population. UChicago also took the #1 spot in our Best Colleges for Economics rankings.

Of the 17,834 students enrolled at UChicago, 181 were GI Bill® students, according to our most recent data. Out of that number, 107 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $19,167. During this same period, 54 students received scholarships through the Yellow Ribbon Program.

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The #2 spot in this year's ranking belongs to Columbia University in the City of New York. Located in the large city of New York, Columbia is a private not-for-profit school with a fairly large student population. Columbia also made our Best Colleges for Economics list, coming in at #6.

According to our most recent data, Columbia supports 30,135 students, and 797 of those are GI Bill® students, of which 528 are Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $20,878. During this same period, 361 students received scholarships through the Yellow Ribbon Program.

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#3

Duke University

Durham, NC

The #3 spot in this year's ranking belongs to Duke University. Duke is a fairly large private not-for-profit school located in the city of Durham. Duke also took the #2 spot in our Best Colleges for Economics rankings.

Among the 16,172 students enrolled at Duke, 288 are GI Bill® students, according to our most recent data. Out of that number, 248 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $24,322. During this same period, 115 students received scholarships through the Yellow Ribbon Program.

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#4

Georgetown University

Washington, DC

Georgetown University landed the #4 spot in our 2021 rankings for best value economics schools. Georgetown is a large private not-for-profit school located in the large city of Washington. Georgetown excels when it comes to major quality. It's ranked in the top 5% of all schools on our Best Colleges for Economics list.

Of the 19,371 students enrolled at Georgetown, 870 were GI Bill® students, according to our most recent data. Out of that number, 809 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $16,728. During this same period, 254 students received scholarships through the Yellow Ribbon Program. Eligible students may be able to receive credit for their military training.

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#5

Boston College

Chestnut Hill, MA

Boston College landed the #5 spot in our 2021 rankings for best value economics schools. Located in the city of Chestnut Hill, Boston College is a private not-for-profit school with a large student population. Boston College also claimed a spot on our Best Colleges for Economics list. It's in the top 5% of all schools in this category.

According to our most recent data, Boston College supports 14,934 students, and 164 of those are GI Bill® students, of which 130 are Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $24,987. During this same period, 74 students received scholarships through the Yellow Ribbon Program. Students may be able to receive credit for their military training, depending on their background.

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#6

Harvard University

Cambridge, MA

Harvard University comes in at #6 in this year's ranking. Harvard is a fairly large private not-for-profit school located in the midsize city of Cambridge. In addition to being on our best for vets list, Harvard has also earned the #5 rank in our Best Colleges for Economics ranking.

Our most recent data shows that 378 of the 30,391 students enrolled at Harvard were GI Bill® students, of which 297 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $22,846. To help with additional expenses, 175 students received funds through the Yellow Ribbon Program.

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#7

Yale University

New Haven, CT

Yale University comes in at #7 in this year's ranking. Yale is a large private not-for-profit school located in the city of New Haven. Yale did well in our major quality rankings, too. It placed #4 on our Best Colleges for Economics list.

Our most recent data shows that 60 of the 12,060 students enrolled at Yale were GI Bill® students, of which 58 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $18,964. In addition to receiving other benefits, 29 students qualified for the Yellow Ribbon Program.

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Johns Hopkins University landed the #8 spot in our 2021 rankings for best value economics schools. Located in the large city of Baltimore, Johns Hopkins is a private not-for-profit college with a very large student population. As a testament to the quality of education it offers, Johns Hopkins also is in the top 10% of our Best Colleges for Economics ranking.

According to our most recent data, Johns Hopkins supports 28,890 students, and 583 of those are GI Bill® students, of which 556 are Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $13,073. To help with additional expenses, 49 students received funds through the Yellow Ribbon Program.

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#9

University of Pennsylvania

Philadelphia, PA

University of Pennsylvania earned the #9 spot in our 2021 rankings. UPenn is a fairly large private not-for-profit school located in the large city of Philadelphia. UPenn not only placed well in our veterans rankings. It is also #8 on our Best Colleges for Economics list.

According to our most recent data, UPenn supports 26,552 students, and 272 of those are GI Bill® students, of which 153 are Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $22,428. To help with additional expenses, 106 students received funds through the Yellow Ribbon Program.

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University of Michigan - Ann Arbor earned the #10 spot in our 2021 rankings. U-M is a very large public school located in the medium-sized city of Ann Arbor. U-M excels when it comes to major quality. It's ranked in the top 10% of all schools on our Best Colleges for Economics list.

Our most recent data shows that 509 of the 47,907 students enrolled at U-M were GI Bill® students, of which 321 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $26,841. Eligible students may be able to receive credit for their military training.

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#11

Claremont McKenna College

Claremont, CA

Claremont McKenna College landed the #11 spot in our 2021 rankings for best value economics schools. Located in the suburb of Claremont, Claremont McKenna is a private not-for-profit school with a small student population. Claremont McKenna did well in our major quality rankings, too. It placed #3 on our Best Colleges for Economics list.

Our most recent data shows that 5 of the 1,264 students enrolled at Claremont McKenna were GI Bill® students, of which 4 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $23,672. On top of their other funding sources, 4 students qualified for the Yellow Ribbon Program. Eligible students may be able to receive credit for their military training.

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#12

Rice University

Houston, TX

Our rankings recognize Rice University as the #12 school in this year's rankings. Rice is a moderately-sized private not-for-profit school located in the city of Houston. In addition to being on our bet for vets list, Rice is in the top 5% of all schools on our Best Colleges for Economics list.

Our most recent data shows that 120 of the 7,643 students enrolled at Rice were GI Bill® students, of which 98 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $26,808. On top of their other funding sources, 72 students qualified for the Yellow Ribbon Program.

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#13

Northwestern University

Evanston, IL

Northwestern University earned the #13 spot in our 2021 rankings. Northwestern is a fairly large private not-for-profit school located in the small city of Evanston. As a testament to the quality of education offered at Northwestern, the school also landed the #7 rank in our Best Colleges for Economics ranking.

According to our most recent data, Northwestern supports 22,603 students, and 124 of those are GI Bill® students, of which 81 are Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $27,950. On top of their other funding sources, 47 students qualified for the Yellow Ribbon Program.

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#14

Stanford University

Stanford, CA

Our rankings recognize Stanford University as the #14 school in this year's rankings. Located in the large suburb of Stanford, Stanford is a private not-for-profit college with a large student population. Stanford not only placed well in our veterans rankings. It is also #9 on our Best Colleges for Economics list.

Our most recent data shows that 168 of the 15,953 students enrolled at Stanford were GI Bill® students, of which 110 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $19,267. On top of their other funding sources, 66 students qualified for the Yellow Ribbon Program.

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#15

University of Notre Dame

Notre Dame, IN

The #15 spot in this year's ranking belongs to University of Notre Dame. Notre Dame is a fairly large private not-for-profit school located in the large suburb of Notre Dame. In addition to being on our bet for vets list, Notre Dame is in the top 10% of all schools on our Best Colleges for Economics list.

Our most recent data shows that 361 of the 12,809 students enrolled at Notre Dame were GI Bill® students, of which 303 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $10,306. In addition to receiving other benefits, 78 students qualified for the Yellow Ribbon Program.

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#16

Cornell University

Ithaca, NY

Our rankings recognize Cornell University as the #16 school in this year's rankings. Cornell is a very large private not-for-profit school located in the city of Ithaca. In addition to being on our bet for vets list, Cornell is in the top 10% of all schools on our Best Colleges for Economics list.

According to our most recent data, Cornell supports 23,620 students, and 621 of those are GI Bill® students, of which 519 are Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $10,152. During this same period, 150 students received scholarships through the Yellow Ribbon Program.

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University of California - Berkeley comes in at #17 in this year's ranking. UC Berkeley is a very large public school located in the medium-sized city of Berkeley. On top of its placing in our veterans rankings, UC Berkeley also did well on our Best Colleges for Economics list. It's in the top 10% of all schools reviewed in that analysis.

Among the 42,327 students enrolled at UC Berkeley, 557 are GI Bill® students, according to our most recent data. Out of that number, 401 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $22,465. On top of their other funding sources, 3 students qualified for the Yellow Ribbon Program.

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The University of Texas at Austin earned the #18 spot in our 2021 rankings. UT Austin is a fairly large public school located in the large city of Austin. As a testament to the quality of education it offers, UT Austin also is in the top 15% of our Best Colleges for Economics ranking.

According to our most recent data, UT Austin supports 50,476 students, and 1,201 of those are GI Bill® students, of which 843 are Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $11,949. Eligible students may be able to receive credit for their military training.

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University of Wisconsin - Madison landed the #19 spot in our 2021 rankings for best value economics schools. UW - Madison is a fairly large public school located in the large city of Madison. In addition to being on our bet for vets list, UW - Madison is in the top 15% of all schools on our Best Colleges for Economics list.

Our most recent data shows that 554 of the 44,640 students enrolled at UW - Madison were GI Bill® students, of which 346 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $10,489. To help with additional expenses, 21 students received funds through the Yellow Ribbon Program. UW - Madison does offer credit for military training for eligible students.

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#20

New York University

New York, NY

Our rankings recognize New York University as the #20 school in this year's rankings. NYU is a fairly large private not-for-profit school located in the large city of New York. NYU also claimed a spot on our Best Colleges for Economics list. It's in the top 10% of all schools in this category.

Our most recent data shows that 681 of the 52,775 students enrolled at NYU were GI Bill® students, of which 482 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $21,831. During this same period, 265 students received scholarships through the Yellow Ribbon Program.

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University of Maryland - College Park earned the #21 spot in our 2021 rankings. Located in the suburb of College Park, UMCP is a public school with a fairly large student population. In addition to being on our bet for vets list, UMCP is in the top 20% of all schools on our Best Colleges for Economics list.

Of the 40,709 students enrolled at UMCP, 896 were GI Bill® students, according to our most recent data. Out of that number, 672 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $13,240. On top of their other funding sources, 7 students qualified for the Yellow Ribbon Program. Students may be able to receive credit for their military training, depending on their background.

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The #22 spot in this year's ranking belongs to University of Illinois at Urbana-Champaign. UIUC is a very large public school located in the small city of Champaign. In addition to being on our bet for vets list, UIUC is in the top 15% of all schools on our Best Colleges for Economics list.

Among the 52,679 students enrolled at UIUC, 500 are GI Bill® students, according to our most recent data. Out of that number, 247 were Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $12,702. UIUC does offer credit for military training for eligible students.

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Our rankings recognize University of Minnesota - Twin Cities as the #23 school in this year's rankings. Located in the large city of Minneapolis, UMN Twin Cities is a public college with a very large student population. On top of its placing in our veterans rankings, UMN Twin Cities also did well on our Best Colleges for Economics list. It's in the top 20% of all schools reviewed in that analysis.

According to our most recent data, UMN Twin Cities supports 52,017 students, and 824 of those are GI Bill® students, of which 585 are Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $15,664. Students may be able to receive credit for their military training, depending on their background.

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Our rankings recognize University of Virginia - Main Campus as the #24 school in this year's rankings. Located in the small suburb of Charlottesville, University of Virginia is a public school with a fairly large student population. University of Virginia also claimed a spot on our Best Colleges for Economics list. It's in the top 10% of all schools in this category.

According to our most recent data, University of Virginia supports 25,628 students, and 654 of those are GI Bill® students, of which 552 are Post-9/11 GI Bill® recipients. The average tuition and fees award for these recipients was $23,377.

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Southern Methodist University comes in at #25 in this year's ranking. SMU is a large private not-for-profit school located in the large suburb of Dallas. SMU also claimed a spot on our Best Colleges for Economics list. It's in the top 15% of all schools in this category.

Of the 12,373 students enrolled at SMU, 330 were GI Bill® students, according to our most recent data. Out of that number, 258 were Post-9/11 GI Bill® recipients. The average GI Bill® award for tuition and fees at the school was $16,005. On top of their other funding sources, 103 students qualified for the Yellow Ribbon Program. SMU does offer credit for military training for eligible students.

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#31

Boston University

Boston, MA

#35

Vanderbilt University

Nashville, TN
#36

Brown University

Providence, RI
#38

Williams College

Williamstown, MA
#39

Fordham University

Bronx, NY
#41

American University

Washington, DC

Honorable Mentions

Here are some additional great schools for vets studying Economics that almost earned our Best Economics Colleges for Veterans award.

Rank College Location
42 Arizona State University - Tempe Tempe, AZ
43 Florida State University Tallahassee, FL
44 Dartmouth College Hanover, NH
45 Binghamton University Vestal, NY
46 University of Washington - Seattle Campus Seattle, WA
47 University of Utah Salt Lake City, UT
48 Pomona College Claremont, CA
49 Ohio State University - Main Campus Columbus, OH
50 Utah State University Logan, UT
51 Drexel University Philadelphia, PA
52 University of Colorado Boulder Boulder, CO
53 University of Rochester Rochester, NY
54 Brandeis University Waltham, MA
55 Rutgers University - New Brunswick New Brunswick, NJ

Economics by Region

View the best for vets Economics schools in a specific region near you.

Region
Southeast
New England
Rocky Mountains
Plains States
Middle Atlantic
Far Western US
Southwest
Great Lakes

One of 12 majors within the Social Sciences area of study, Economics has other similar majors worth exploring.

Related Major Annual Graduates
Political Science & Government 43,385
Sociology 29,491
International Relations & National Security 9,567
Anthropology 9,280
Criminology 8,860

View All Economics Related Majors >

Notes and References

Footnotes

*Avg Cost is for the top 25 schools only.

**GI Bill® student total includes all chapters of the GI Bill® program (e.g., Post-9/11, Montgomery GI Bill, Reserve Education Assistance Program, and Veteran Readiness and Employment)

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 the rest 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).
  • Veteran-specific data can be found at the U.S. Department of Veteran Affairs.
  • Credit for the banner image above goes to pixabay.

More about our data sources and methodologies.

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