2023 Best Value Economics Bachelor's Degree Schools in Maryland
Highlighting Quality Schools With More Affordable Pricing
Finding the Best Economics Bachelor's Degree School for You
With 1,617 degrees and certificates handed out in 2020-2021, economics is the #12 most popular major in Maryland.
Today's students have lots of options to pick from when considering higher education opportunities. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.
The Best Value Economics Bachelor's Degree Schools in Maryland ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 12 schools in Maryland to see which ones offered the best value bachelor's degree 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.
Top 10 Best Economics Bachelor's Degree Schools
Our analysis found University of Maryland - College Park to be the best value school for economics students who want to pursue a bachelor’s degree in Maryland. Located in the large suburb of College Park, UMCP is a public school with a fairly large student population.
In-state tuition fees for undergraduate students at UMCP are $10,955 per year. The average amount in student loans that economics majors at UMCP take out while working on their Bachelor's Degree is $20,285. The average monthly payment of a loan this size is about $345, assuming that the borrower is on a 10-year repayment plan.
UMCP also took the #1 spot in our Best Economics Bachelor’s Degree Schools in Maryland rankings.
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You’ll join some of the best and brightest minds around you if you attend Towson University. The school came in at #2 on this year’s Best Value Economics Bachelor’s Degree Schools in Maryland list. Located in the small city of Towson, Towson is a public college with a fairly large student population.
In-state tuition fees for undergraduate students at Towson are $10,464 per year. On average, economics graduates from Towson take out $19,408 in student loans while working on their Bachelor's Degree. The average monthly payment of a loan this size is about $345, assuming that the borrower is on a 10-year repayment plan.
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A rank of #3 on this year’s list means Salisbury University is a great value for economics students working on their bachelor’s degree. Salisbury is a medium-sized public school located in the small suburb of Salisbury.
The average tuition and fees for an in-state undergraduate at Salisbury are $10,188 a year. While working on their Bachelor's Degree, economics majors at Salisbury accumulate an average of around $17,161 in student debt.
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Out of the 12 schools in Maryland that were part of this year’s ranking, Morgan State University landed the # 4 spot on the list. Located in the large city of Baltimore, Morgan State is a public college with a moderately-sized student population.
In-state tuition fees for undergraduate students at Morgan State are $8,008 per year.
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A rank of #5 on this year’s list means Frostburg State University is a great value for economics students working on their bachelor’s degree. Located in the suburb of Frostburg, Frostburg State is a public school with a small student population.
The average tuition and fees for an in-state undergraduate at Frostburg State are $9,594 a year.
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University of Maryland - Baltimore County landed the #6 spot in the 2023 rankings for the best value bachelor’s degree economics programs. Located in the suburb of Baltimore, UMBC is a public school with a fairly large student population.
UMBC undergraduate students pay an average of $12,280 in in-state tuition and fees each year. After completing their Bachelor's Degree, economics graduates from UMBC carry an average student debtload of $22,126. For students who choose a 10-year repayment plan, the average monthly student loan payment is $316.
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St Mary’s College of Maryland ranked #7 on this year’s Best Value Economics Bachelor’s Degree Schools in Maryland list. SMCM is a small public school located in the small suburb of St. Mary's City.
In-state tuition fees for undergraduate students at SMCM are $15,124 per year. After completing their Bachelor's Degree, economics graduates from SMCM carry an average student debtload of $20,405.
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Johns Hopkins University did quite well in this year’s ranking of the best places for economics students to get a bachelor’s degree. It came in at #8 on the list. Located in the city of Baltimore, Johns Hopkins is a private not-for-profit school with a fairly large student population.
Johns Hopkins undergraduate students pay an average of $58,720 in in-state tuition and fees each year. The average amount in student loans that economics majors at Johns Hopkins take out while working on their Bachelor's Degree is $16,393.
Johns Hopkins did well in our overall quality rankings, too. It placed #2 on our Best Economics Bachelor’s Degree Schools in Maryland list.
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Mount St Mary’s University ranked #9 on this year’s Best Value Economics Bachelor’s Degree Schools in Maryland list. Located in the town of Emmitsburg, The Mount is a private not-for-profit college with a small student population.
The average tuition and fees for an in-state undergraduate at The Mount are $44,750 a year.
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McDaniel College landed the #10 spot in the 2023 rankings for the best value bachelor’s degree economics programs. Located in the small suburb of Westminster, McDaniel is a private not-for-profit college with a small student population.
In-state tuition fees for undergraduate students at McDaniel are $46,336 per year.
McDaniel also made our Best Economics Bachelor’s Degree Schools in Maryland list, coming in at #5.
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Request InformationBest Value Economics Colleges in the Middle Atlantic Region
Explore all the Best Value Economics Colleges in the Middle Atlantic Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Pennsylvania | 2,416 |
| New York | 5,245 |
| New Jersey | 843 |
| District of Columbia | 739 |
| Delaware | 173 |
More Economics Rankings in Maryland
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 12 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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