2022 Best Value 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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business Economics Schools in Illinois For Those Making $30-$48k” ranking.
In 2019-2020, 6,169 people earned their degree in business economics, making the major the 121st most popular in the United States.
Across Illinois, there were 271 business economics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Business Economics Schools in Illinois For Those Making $30-$48k” ranking looked at 10 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.
Some of the factors we look at when determining these rankings are overall quality of the business economics program at the school and the cost of the school after aid is awarded among other things. 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 in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most 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 in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value Business Economics Schools in Illinois For Those Making $30-$48k.
Top 10 Best Value Colleges for Business Economics (Income $30-$48k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k list. This large school is located in Evanston, Illinois, and it awarded 45 ’s business economics degrees in 2019-2020.
Northwestern also took the #1 spot in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for Northwestern is $3,995 for illinois business economics students whose families make $30-$48k.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Business Economics at Northwestern University
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #2 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k list. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 34 ’s business economics degrees in 2019-2020.
SIUE also made our “Best Business Economics Schools in Illinois” list, coming in at #7. It costs about $9,938 for Illinois Business Economics students whose families make $30-$48k per year to attend Southern Illinois University Edwardsville.
Full Southern Illinois University Edwardsville Business Economics Report
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #3 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k list. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 66 ’s degrees in 2019-2020.
Wheaton College Illinois also took the #2 spot in our “Best Business Economics Schools in Illinois” ranking. It costs about $16,212 for illinois business economics students whose families make $30-$48k per year to attend Wheaton College Illinois.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%.
Read more about Business Economics at Wheaton College Illinois
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #4 for the Best Value Business Economics Schools in Illinois For Those Making $30-$48k. SIUC is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 5 ’s business economics degrees to qualified students.
SIUC not only placed well in this ranking. It is also #9 on our “Best Business Economics Schools in Illinois” list. It costs about $14,306 for illinois business economics students whose families make $30-$48k per year to attend Southern Illinois University Carbondale.
Read more about Business Economics at Southern Illinois University Carbondale
You’ll join some of the best and brightest minds around if you attend Western Illinois University. The school came in at #5 for the Best Value Business Economics Schools in Illinois For Those Making $30-$48k. This medium-sized school is located in Macomb, Illinois, and it awarded 4 ’s business economics degrees in 2019-2020.
WIU not only placed well in this ranking. It is also #10 on our “Best Business Economics Schools in Illinois” list. The estimated yearly cost for Western Illinois University is $14,526 for Illinois Business Economics students whose families make $30-$48k.
Lewis University ranked #6 on this year’s Best Value Business Economics Schools in Illinois For Those Making $30-$48k list. This medium-sized school is located in Romeoville, Illinois, and it awarded 11 ’s business economics degrees in 2019-2020.
Lewis also made our “Best Business Economics Schools in Illinois” list, coming in at #6. The yearly cost to attend Lewis is $13,377 for illinois business economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Bradley University landed the #7 spot on the 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k ranking. Bradley is a medium-sized school located in Peoria, Illinois that handed out 6 ’s business economics degrees in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #4 on our “Best Business Economics Schools in Illinois” list. It costs about $18,232 for illinois business economics students whose families make $30-$48k per year to attend Bradley.
The low student loan default rate of 2.5% 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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Benedictine University did quite well in the 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #8. Lisle, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 4 students in 2019-2020.
Benedictine U also made our “Best Business Economics Schools in Illinois” list, coming in at #8. It costs about $20,915 for illinois business economics students whose families make $30-$48k per year to attend Benedictine U.
Read more about Business Economics at Benedictine University
With a ranking of #9, Loyola University Chicago did quite well on the 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k list. Loyola Chicago is a fairly large school located in Chicago, Illinois that handed out 63 ’s business economics degrees in 2019-2020.
Loyola Chicago also took the #3 spot in our “Best Business Economics Schools in Illinois” ranking. The yearly cost to attend Loyola Chicago is $29,788 for illinois business economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 3.4% 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%.
Read full report on Business Economics at Loyola University Chicago
With a ranking of #10, DePaul University did quite well on the 2022 Best Value Business Economics Schools in Illinois For Those Making $30-$48k list. Located in Chicago, Illinois, this large private not-for-profit school awarded 33 diplomas to qualified ’s business economics students in 2019-2020.
DePaul not only placed well in this ranking. It is also #5 on our “Best Business Economics Schools in Illinois” list. It costs about $25,842 for illinois business economics students whose families make $30-$48k per year to attend DePaul University.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
- Best Value Colleges for Business Economics (Income $30-$48k) in the Great Lakes Region
- Best Value Colleges for Business Economics (Income $30-$48k)
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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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