2022 Best Value Master’s Degree Colleges for Business Economics in Illinois (With Aid)

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 Master’s in Illinois For Those Getting Aid” 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. At the master’s degree level specifically, there were 5 business economics graduates with average earnings and debt of $57,267 and $46,814 respectively.

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.

One Size Does Not Fit All

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 for a Master’s in Illinois For Those Getting Aid”.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Business Economics Schools for a Master’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois master’s degree business economics students with aid.

Top 1 Best Value Master’s Degree Colleges for Business Economics in Illinois (With Aid)

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

Out of the 1 schools in the Best Value Business Economics Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 on our “Best Business Economics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $56,567.

Full Northwestern Business Economics Report

• Best Value Master’s Degree Colleges for Business Economics in the Great Lakes Region (With Aid)
• Best Value Master’s Degree Colleges for Business Economics (With Aid)

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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