2022 Best Value Bachelor’s Degree Colleges for Business Economics (Income $30-$48k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
Business Economics is the 121st most popular major in the country with 6,169 degrees awarded in 2019-2020.
Across Illinois, there were 271 business economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 226 business economics graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking looked at 9 colleges that offer degrees in a bachelor’s in business economics. The schools that top this list are recognized because they have great business economics programs and cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business economics program at the school. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k.
Top 9 Best Value Bachelor’s Degree Colleges for Business Economics (Income $30-$48k) in Illinois
Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #1 spot on the list. This fairly large school is located in Edwardsville, Illinois, and it awarded 34 bachelors’s business economics degrees in 2019-2020.
SIUE also took the #6 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $9,938 for Illinois Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend SIUE.
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #2 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. This small school is located in Wheaton, Illinois, and it awarded 66 bachelors’s business economics degrees in 2019-2020.
Wheaton College Illinois did well in our major quality rankings, too. It placed #1 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Wheaton College Illinois is $16,212 for illinois bachelor’s degree business economics students whose families make $30-$48k.
With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The low student loan default rate of 0.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Business Economics at Wheaton College Illinois
Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Carbondale landed the #3 spot on the list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business economics degrees to 5 students in 2019-2020.
SIUC not only placed well in this ranking. It is also #8 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. It costs about $14,306 for Illinois Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend SIUC.
Full Southern Illinois University Carbondale Business Economics Report
Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Western Illinois University landed the #4 spot on the list. Located in Macomb, Illinois, this medium-sized public school awarded 4 diplomas to qualified bachelors’s business economics students in 2019-2020.
WIU also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #9. The yearly cost to attend WIU is $14,526 for illinois bachelor’s degree business economics students whose families make $30-$48k.
You’ll be in good company if you decide to attend Lewis University. It ranked #5 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. This medium-sized school is located in Romeoville, Illinois, and it awarded 11 bachelors’s business economics degrees in 2019-2020.
Lewis not only placed well in this ranking. It is also #5 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Lewis University is $13,377 for Illinois Bachelor’s Degree Business Economics students whose families make $30-$48k.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Bradley University ranked #6 on this year’s Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Bradley University is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 6 bachelors’s degrees in 2019-2020.
Bradley also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #3. It costs about $18,232 for Illinois Bachelor’s Degree Business Economics students whose families make $30-$48k per year to attend Bradley.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
Benedictine University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking, coming in at #7. Benedictine U is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s business economics degrees to qualified students.
As a testament to the quality of education offered at Benedictine U, the school also landed the #7 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $20,915 for illinois bachelor’s degree business economics students whose families make $30-$48k per year to attend Benedictine U.
Read full report on Business Economics at Benedictine University
With a ranking of #8, Loyola University Chicago did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. This fairly large school is located in Chicago, Illinois, and it awarded 63 bachelors’s business economics degrees in 2019-2020.
Loyola Chicago did well in our major quality rankings, too. It placed #2 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Loyola Chicago is $29,788 for illinois bachelor’s degree business economics students whose families make $30-$48k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read more about Business Economics at Loyola University Chicago
DePaul University landed the #9 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Located in Chicago, Illinois, this large private not-for-profit school handed out 33 degrees to qualified bachelors’s business economics students in 2019-2020.
In addition to being on our illinois bachelor’s degree business economics students whose families make $30-$48k list, DePaul has also earned the #4 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend DePaul is $25,842 for illinois bachelor’s degree business economics students whose families make $30-$48k.
The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
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Notes and References
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 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).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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