2023 Best Value Economics Schools in Maine
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics School for You
Out of the majors we analyze each year, economics was ranked 10th in Maine. In fact, 256 were awarded in the state in 2020-2021.
With all the programs available today, it can be tough to choose which one is the best for you. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.
Along with in-depth profiles of schools and the programs they offer, Course Advisor has created the Best Value Economics Schools in Maine to help you in your search for the best school for you. Our analysis looked at 5 schools in Maine to see which programs offered the best value experiences for economics students with the aim of identifying those quality schools that are more affordable than some of their counterparts.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.
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2023 Best Value Economics Schools in Maine
The following schools top our list of the Best Value Economics Colleges.
Best Maine Schools for Affordable Quality in Economics
Our analysis found University of Southern Maine to be the best value school for economics students who want to pursue a degree in Maine. University of Southern Maine is a medium-sized public school located in the city of Portland.
The average tuition and fees for an in-state undergraduate at University of Southern Maine are $9,904 a year.
Read full report on Economics at University of Southern Maine
You’ll be in good company if you decide to attend University of Maine. It ranked #2 on our 2023 Best Value Economics Schools in Maine list. UMaine is a large public school located in the small suburb of Orono.
The average tuition and fees for an in-state undergraduate at UMaine are $11,986 a year. After completing their degree, economics graduates from UMaine carry an average student debtload of $26,000.
Out of the 5 schools in Maine that were part of this year’s ranking, Bowdoin College landed the # 2 spot on the list. Located in the town of Brunswick, Bowdoin is a private not-for-profit school with a small student population.
The average tuition and fees for an in-state undergraduate at Bowdoin are $58,322 a year. On average, economics graduates from Bowdoin take out $17,500 in student loans while working on their degree.
Bowdoin not only placed well in our value ranking, but it is also #1 on our Best Economics Schools in Maine list.
A rank of #4 on this year’s list means Bates College is a great value for economics students. Bates is a small private not-for-profit school located in the city of Lewiston.
In-state tuition fees for undergraduate students at Bates are $59,062 per year. While working on their degree, economics majors at Bates accumulate an average of around $11,250 in student debt.
Bates not only placed well in our value ranking, but it is also #2 on our Best Economics Schools in Maine list.
The excellent programs at Colby College helped the school earn the #5 place on this year’s ranking of the best economics schools in Maine. Located in the remote town of Waterville, Colby is a private not-for-profit school with a small student population.
Colby undergraduate students pay an average of $61,220 in in-state tuition and fees each year. After completing their degree, economics graduates from Colby carry an average student debtload of $21,500.
Colby did well in our overall quality rankings, too. It placed #3 on our Best Economics Schools in Maine list.
Best Value Economics Colleges in the New England Region
Explore all the Best Value Economics Colleges in the New England Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Massachusetts | 3,398 |
| Connecticut | 1,099 |
| New Hampshire | 353 |
| Rhode Island | 375 |
| Vermont | 202 |
More Economics Rankings in Maine
Economics Related Majors for Economics
Economics is one of 12 different types of programs to choose from.
Majors Similar 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 5 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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