2023 Best Value Economics Schools
Highlighting Quality Schools With More Affordable Pricing
Finding the Best Economics School for You
Economics is the #19 most popular major in the country with 49,055 degrees and certificates awarded in 2020-2021.
Today's students have lots of options to pick from when considering higher education opportunities. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.
The Best Value Economics Schools ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 551 schools in the United States to see which ones offered the best value programs for economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.
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2023 Best Value Economics Schools in the United States
Check out the economics programs at these schools if you want to get the best value for your educational dollar.
Top 25 Best Schools for Affordable Quality in Economics
Our analysis found Brigham Young University - Provo to be the best value school for economics students who want to pursue a degree in the United States. BYU is a very large private not-for-profit school located in the midsize city of Provo.
The average tuition and fees for an out-of-state undergraduate student at BYU are $6,120 a year. The average amount in student loans that economics majors at BYU take out is $14,500.
As a testament to the quality of education it offers, BYU also is in the top 20% of our Best Economics Schools ranking.
You’ll join some of the best and brightest minds around you if you attend Brigham Young University - Idaho. The school came in at #2 on this year’s Best Value Economics Schools list. BYU - I is a very large private not-for-profit school located in the town of Rexburg.
BYU - I undergraduate students pay an average of $4,416 in tuition and fees each year.
Read full report on Economics at Brigham Young University - Idaho
You’ll be in good company if you decide to attend Santa Rosa Junior College. It ranked #3 on our 2023 Best Value Economics Schools list. Located in the medium-sized city of Santa Rosa, SRJC is a public school with a large student population.
SRJC undergraduate students pay an average of $8,952 in tuition and fees each year.
SRJC excels when it comes to quality. It’s ranked in the top 5% of all schools on our Best Economics Schools list.
The excellent programs at Park University helped the school earn the #4 place on this year’s ranking of the best economics schools in the United States. Park University is a moderately-sized private not-for-profit school located in the large suburb of Parkville.
Out-of-state tuition fees for undergraduate students at Park University are $8,853 per year.
A rank of #5 on this year’s list means Metropolitan State University is a great value for economics students. Metro State is a moderately-sized public school located in the city of Saint Paul.
Out-of-state tuition fees for undergraduate students at Metro State are $9,394 per year.
Metro State also claimed a spot on our Best Economics Schools list. It’s in the top 20% of all schools in this category.
Arizona State University - Skysong ranked #6 on this year’s Best Value Economics Schools list. ASU - Skysong is a fairly large public school located in the midsize city of Scottsdale.
The average tuition and fees for an out-of-state undergraduate student at ASU - Skysong are $13,092 a year. Economics majors at ASU - Skysong take out an average of $23,000 in student loans while working on their egree. This translates to an average monthly loan payment of $324, based on a 10-year repayment plan.
ASU - Skysong excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Economics Schools list.
Read full report on Economics at Arizona State University - Skysong
University of Wisconsin - River Falls did quite well in this year’s ranking of the best value schools for economics students. It came in at #7 on the list. UW - River Falls is a medium-sized public school located in the distant town of River Falls.
UW - River Falls undergraduate students pay an average of $15,661 in tuition and fees each year.
On top of its placing in our value ranking, UW - River Falls also did well on our Best Economics Schools list. It’s in the top 10% of all schools reviewed in this analysis.
Full Economics at University of Wisconsin - River Falls Report
Youngstown State University ranked #8 on this year’s Best Value Economics Schools list. Youngstown State University is a fairly large public school located in the small city of Youngstown.
The average tuition and fees for an out-of-state undergraduate student at Youngstown State University are $9,732 a year.
Fort Hays State University did quite well in this year’s ranking of the best value schools for economics students. It came in at #9 on the list. FHSU is a large public school located in the remote town of Hays.
Out-of-state tuition fees for undergraduate students at FHSU are $15,870 per year.
The Graduate Center, CUNY came in at #10 in this year’s edition of the Best Value Economics Schools ranking. The Graduate Center is a medium-sized public school located in the city of New York.
The Graduate Center undergraduate students pay an average of $15,360 in tuition and fees each year.
The Graduate Center also claimed a spot on our Best Economics Schools list. It’s in the top 5% of all schools in this category.
Southern Illinois University Edwardsville ranked #11 on this year’s Best Value Economics Schools list. Located in the suburb of Edwardsville, SIUE is a public school with a large student population.
SIUE undergraduate students pay an average of $11,496 in tuition and fees each year.
Read full report on Economics at Southern Illinois University Edwardsville
Slippery Rock University of Pennsylvania ranked #12 on this year’s Best Value Economics Schools list. SRU is a medium-sized public school located in the distant town of Slippery Rock.
SRU undergraduate students pay an average of $14,615 in tuition and fees each year.
In addition to its great value ranking, SRU is in the top 20% of all schools on our Best Economics Schools list.
Read full report on Economics at Slippery Rock University of Pennsylvania
Western Illinois University came in at #13 in this year’s edition of the Best Value Economics Schools ranking. WIU is a medium-sized public school located in the remote town of Macomb.
Out-of-state tuition fees for undergraduate students at WIU are $13,297 per year.
University of Minnesota - Morris did quite well in this year’s ranking of the best value schools for economics students. It came in at #14 on the list. Located in the town of Morris, UMN Morris is a public college with a small student population.
The average tuition and fees for an out-of-state undergraduate student at UMN Morris are $15,940 a year.
As a testament to the quality of education it offers, UMN Morris also is in the top 20% of our Best Economics Schools ranking.
Read full report on Economics at University of Minnesota - Morris
Minnesota State University - Moorhead did quite well in this year’s ranking of the best value schools for economics students. It came in at #15 on the list. MSU Moorhead is a medium-sized public school located in the suburb of Moorhead.
The average tuition and fees for an out-of-state undergraduate student at MSU Moorhead are $17,564 a year.
As a testament to the quality of education it offers, MSU Moorhead also is in the top 20% of our Best Economics Schools ranking.
University of North Dakota came in at #16 in this year’s edition of the Best Value Economics Schools ranking. UND is a large public school located in the city of Grand Forks.
UND undergraduate students pay an average of $15,037 in tuition and fees each year.
On top of its placing in our value ranking, UND also did well on our Best Economics Schools list. It’s in the top 15% of all schools reviewed in this analysis.
North Dakota State University - Main Campus did quite well in this year’s ranking of the best value schools for economics students. It came in at #17 on the list. Located in the medium-sized city of Fargo, North Dakota State University is a public college with a fairly large student population.
Out-of-state tuition fees for undergraduate students at North Dakota State University are $14,876 per year.
North Dakota State University excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Economics Schools list.
Winona State University came in at #18 in this year’s edition of the Best Value Economics Schools ranking. Winona State is a moderately-sized public school located in the town of Winona.
The average tuition and fees for an out-of-state undergraduate student at Winona State are $16,684 a year.
Winona State also claimed a spot on our Best Economics Schools list. It’s in the top 10% of all schools in this category.
East Los Angeles College came in at #18 in this year’s edition of the Best Value Economics Schools ranking. Located in the large suburb of Monterey Park, East Los Angeles College is a public school with a very large student population.
The average tuition and fees for an out-of-state undergraduate student at East Los Angeles College are $9,012 a year.
University of Wisconsin - Oshkosh landed the #20 spot in the 2023 rankings for the best value economics programs. Located in the small city of Oshkosh, UW Oshkosh is a public school with a fairly large student population.
The average tuition and fees for an out-of-state undergraduate student at UW Oshkosh are $15,306 a year. After completing their degree, economics graduates from UW Oshkosh carry an average student debtload of $23,375.
As a testament to the quality of education it offers, UW Oshkosh also is in the top 15% of our Best Economics Schools ranking.
Read full report on Economics at University of Wisconsin - Oshkosh
University of Akron Main Campus ranked #21 on this year’s Best Value Economics Schools list. University of Akron Main Campus is a fairly large public school located in the city of Akron.
Out-of-state tuition fees for undergraduate students at University of Akron Main Campus are $11,880 per year.
With a ranking of #22, University of Wisconsin - Whitewater did quite well on this year’s best value schools for economics students. Located in the distant town of Whitewater, UW - Whitewater is a public college with a large student population.
The average tuition and fees for an out-of-state undergraduate student at UW - Whitewater are $16,602 a year. The average amount in student loans that economics majors at UW - Whitewater take out is $22,262.
UW - Whitewater excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Economics Schools list.
Read full report on Economics at University of Wisconsin - Whitewater
South Dakota State University ranked #23 on this year’s Best Value Economics Schools list. South Dakota State is a fairly large public school located in the remote town of Brookings.
Out-of-state tuition fees for undergraduate students at South Dakota State are $12,809 per year. The average amount in student loans that economics majors at South Dakota State take out is $26,000.
In addition to its great value ranking, South Dakota State is in the top 15% of all schools on our Best Economics Schools list.
Read full report on Economics at South Dakota State University
University of Northern Iowa ranked #24 on this year’s Best Value Economics Schools list. Located in the city of Cedar Falls, UNI is a public school with a moderately-sized student population.
Out-of-state tuition fees for undergraduate students at UNI are $19,753 per year. The average amount in student loans that economics majors at UNI take out is $22,063.
On top of its placing in our value ranking, UNI also did well on our Best Economics Schools list. It’s in the top 10% of all schools reviewed in this analysis.
Read full report on Economics at University of Northern Iowa
Teachers College at Columbia University ranked #25 on this year’s Best Value Economics Schools list. Located in the large city of New York, Teachers College is a private not-for-profit college with a small student population.
In addition to its great value ranking, Teachers College is in the top 5% of all schools on our Best Economics Schools list.
Full Economics at Teachers College at Columbia University Report
Rest of the Top 50 Best Value Economics Schools
Additional Award Winners
This section represents the remainder of the colleges awarded a Best Value Economics Schools badge. Showing in this list means the college was ranked in the top 15% of the 551 different United States economics schools we analyzed.
Honorable Mentions
These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Value Economics Schools award.
Economics by Region
View the Best Value Economics Schools for a specific region near you.
| Region |
|---|
| Southeast |
| New England |
| Rocky Mountains |
| Plains States |
| Middle Atlantic |
| Far Western US |
| Southwest |
| Great Lakes |
More Economics Rankings
Majors Related to Economics
One of 12 majors within the area of study, economics has other similar majors worth exploring.
Most Popular Majors Related to Economics
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 49,282 |
| Sociology | 38,475 |
| General Social Sciences | 18,997 |
| International Relations & National Security | 14,306 |
| Anthropology | 11,415 |
Notes and References
*These averages are for the top 25 schools only.
- 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).
- Credit for the banner image above goes to pixabay.
More about our data sources and methodologies.
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