by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. In addition, we cover how NIU ranks in comparison to other schools with economics programs.
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The bachelor's program at NIU was ranked #187 on College Factual's Best Schools for economics list. It is also ranked #7 in Illinois.
| Ranking Type | Rank |
|---|---|
| Best Economics Schools | 187 |
| Best Economics Bachelor’s Degree Schools | 188 |
During the 2021-2022 academic year, Northern Illinois University handed out 28 bachelor's degrees in economics. This is an increase of 47% over the previous year when 19 degrees were handed out.
In 2022, 3 students received their master’s degree in economics from NIU. This makes it the #183 most popular school for economics master’s degree candidates in the country.
In addition, 5 students received their doctoral degrees in economics in 2022, making the school the #76 most popular school in the United States for this category of students.
The median salary of economics students who receive their bachelor's degree at NIU is $45,386. Unfortunately, this is lower than the national average of $51,722 for all economics students.
While getting their bachelor's degree at NIU, economics students borrow a median amount of $36,547 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $39,273.
During the 2022-2023 academic year, part-time undergraduate students at NIU paid an average of $360 per credit hour. No discount was available for in-state students. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $9,792 | $9,792 |
| Fees | $2,714 | $2,714 |
| Books and Supplies | $1,300 | $1,300 |
| On Campus Room and Board | $12,800 | $12,800 |
| On Campus Other Expenses | $2,836 | $2,836 |
Learn more about NIU tuition and fees.
For the most recent academic year available, 79% of economics bachelor's degrees went to men and 21% went to women.
The majority of bachelor's degree recipients in this major at NIU are white. In the most recent graduating class for which data is available, 61% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Northern Illinois University with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 2 |
| Hispanic or Latino | 3 |
| White | 17 |
| Non-Resident Aliens | 2 |
| Other Races | 2 |
NIU does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the NIU Online Learning page.
In the 2021-2022 academic year, 4 students earned a master's degree in economics from NIU. About 25% of these graduates were women and the other 75% were men.
The following table and chart show the ethnic background for students who recently graduated from Northern Illinois University with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 0 |
| Non-Resident Aliens | 3 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at Northern Illinois University.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 74 |
| Sociology | 50 |
| Geography & Cartography | 18 |
| Anthropology | 12 |
More about our data sources and methodologies.