2022 Best Value Business Economics Schools in Illinois For Those Making $48-$75k
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 in Illinois For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
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.
For this year’s “Best Value Business Economics Schools in Illinois For Those Making $48-$75k” ranking, we looked at 10 colleges that offer a degree in business economics. This ranking identifies schools with high-quality business economics programs that also have a lower cost than 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. For more information, check out our ranking methodology.
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The business economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Business Economics Schools in Illinois For Those Making $48-$75k”.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Business Economics Schools in Illinois For Those Making $48-$75k
The following schools top our list of the Best Best Value Business Economics Schools in Illinois For Those Making $48-$75k.
Top 10 Best Value Colleges for Business Economics (Income $48-$75k) in Illinois
Out of the 10 schools in the Best Value Business Economics Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. 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 yearly cost to attend Northwestern University is $6,452 for Illinois Business Economics students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 0.8% 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%.
You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #2 for the Best Value Business Economics Schools in Illinois For Those Making $48-$75k. 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 did well in our major quality rankings, too. It placed #2 on our “Best Business Economics Schools in Illinois” list. The yearly cost to attend Wheaton College Illinois is $19,691 for illinois business economics students whose families make $48-$75k.
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 student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
Read full report on Business Economics at Wheaton College Illinois
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #3 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $48-$75k list. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 34 ’s business economics degrees in 2019-2020.
SIUE not only placed well in this ranking. It is also #7 on our “Best Business Economics Schools in Illinois” list. It costs about $13,705 for Illinois Business Economics students whose families make $48-$75k per year to attend Southern Illinois University Edwardsville.
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 $48-$75k. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s business economics degrees to 5 students in 2019-2020.
As a testament to the quality of education offered at SIUC, the school also landed the #9 spot in our “Best Business Economics Schools in Illinois” ranking. The yearly cost to attend SIUC is $14,985 for illinois business economics students whose families make $48-$75k.
Full Southern Illinois University Carbondale Business Economics Report
Out of the 10 schools in the Best Value Business Economics Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Lewis University landed the #5 spot on the list. Romeoville, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 11 students in 2019-2020.
Lewis also took the #6 spot in our “Best Business Economics Schools in Illinois” ranking. It costs about $16,489 for illinois business economics students whose families make $48-$75k per year to attend Lewis University.
The low student loan default rate of 3.6% 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%.
Western Illinois University did quite well in the 2022 Best Value Business Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #6. This medium-sized school is located in Macomb, Illinois, and it awarded 4 ’s business economics degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #10 on our “Best Business Economics Schools in Illinois” list. The yearly cost to attend Western Illinois University is $15,912 for illinois business economics students whose families make $48-$75k.
Bradley University did quite well in the 2022 Best Value Business Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #7. Bradley University 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. The estimated yearly cost for Bradley University is $22,865 for illinois business economics students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
DePaul University ranked #8 on this year’s Best Value Business Economics Schools in Illinois For Those Making $48-$75k list. This large school is located in Chicago, Illinois, and it awarded 33 ’s business economics degrees 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 $28,075 for illinois business economics students whose families make $48-$75k per year to attend DePaul.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Loyola University Chicago came in at #9 in this year’s edition of the Best Value Business Economics Schools in Illinois For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 63 students in 2019-2020.
Loyola Chicago also made our “Best Business Economics Schools in Illinois” list, coming in at #3. The estimated yearly cost for Loyola University Chicago is $32,259 for Illinois Business Economics students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 85%, 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 $48-$75k ranking, coming in at #10. Benedictine University is a small private not-for-profit school situated in Lisle, Illinois. It awarded 4 ’s business economics degrees in 2019-2020.
Benedictine U not only placed well in this ranking. It is also #8 on our “Best Business Economics Schools in Illinois” list. The estimated yearly cost for Benedictine U is $24,523 for Illinois Business Economics students whose families make $48-$75k.
- Best Value Colleges for Business Economics (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Business Economics (Income $48-$75k)
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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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