2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking as one item you can use to help make this decision.
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 Getting Aid” 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.
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. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid.
Top 9 Best Value Bachelor’s Degree Colleges for Business Economics in Illinois (With Aid)
Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #1 spot on the list. SIUE is a fairly large public school situated in Edwardsville, Illinois. It awarded 34 bachelors’s business economics degrees in 2019-2020.
SIUE also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #6. The yearly cost to attend Southern Illinois University Edwardsville is $14,423 for Illinois Bachelor’s Degree Business Economics students with aid.
Read full report on Business Economics at Southern Illinois University Edwardsville
Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, Western Illinois University landed the #2 spot on the list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business economics degrees to 4 students in 2019-2020.
In addition to being on our illinois bachelor’s degree business economics students with aid list, WIU has also earned the #9 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Western Illinois University is $16,210 for Illinois Bachelor’s Degree Business Economics students with aid.
You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #3 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. SIUC is a fairly large school located in Carbondale, Illinois that handed out 5 bachelors’s business economics degrees in 2019-2020.
SIUC did well in our major quality rankings, too. It placed #8 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. It costs about $16,945 for Illinois Bachelor’s Degree Business Economics students with aid per year to attend SIUC.
Read more about Business Economics at Southern Illinois University Carbondale
You’ll be in good company if you decide to attend Lewis University. It ranked #4 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Lewis University is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 11 bachelors’s degrees in 2019-2020.
Lewis also took the #5 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Lewis is $18,664 for illinois bachelor’s degree business economics students with aid.
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%.
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #5 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 66 bachelors’s business economics degrees to qualified students.
Wheaton College Illinois also took the #1 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Wheaton College Illinois is $25,358 for Illinois Bachelor’s Degree Business Economics students with aid.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.
Bradley University came in at #6 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Bradley 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.
As a testament to the quality of education offered at Bradley, the school also landed the #3 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Bradley University is $25,634 for illinois bachelor’s degree business economics students with aid.
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%.
With a ranking of #7, Benedictine University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Lisle, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business economics degrees to 4 students in 2019-2020.
Benedictine U did well in our major quality rankings, too. It placed #7 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. It costs about $25,143 for illinois bachelor’s degree business economics students with aid per year to attend Benedictine University.
Read full report on Business Economics at Benedictine University
DePaul University came in at #8 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Located in Chicago, Illinois, this large private not-for-profit school handed out 33 diplomas to qualified bachelors’s business economics students in 2019-2020.
DePaul also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #4. The yearly cost to attend DePaul University is $30,090 for illinois bachelor’s degree business economics students with aid.
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%.
Loyola University Chicago came in at #9 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s business economics degrees to 63 students in 2019-2020.
Loyola Chicago also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #2. It costs about $35,407 for Illinois Bachelor’s Degree Business Economics students with aid per year to attend Loyola Chicago.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 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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