2023 Most Focused Bachelor’s Degree Colleges for Business Economics in Illinois
9
Ranked Colleges
223
Degrees Awarded
$29,300
Avg Cost*
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois” ranking as one item you can use to help make this decision.
In 2021-2022, 5,151 people earned their degree in business economics, making the major the 130th most popular in the United States.
Across Illinois, there were 262 business economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 223 business economics graduates with average earnings and debt of $40,374 and $23,086 respectively.
This year’s “Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois” ranking looked at 9 colleges that offer degrees in a bachelor’s in business economics. That schools that top this list have a program in business economics in which the largest percentage of students at the school are enrolled.
See our ranking methodology to learn more.
More Ways to Rank Business Economics Schools
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 “Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois”.
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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois
The colleges and universities below are the best for illinois bachelor’s degree business economics students.
Top 9 Most Focused Bachelor’s Degree Colleges for Business Economics in Illinois
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #1 on our 2023 Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois list. Located in Wheaton, Illinois, this small private not-for-profit school awarded 81 diplomas to qualified bachelors’s business economics students in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Read more about Business Economics at Wheaton College Illinois
You’ll be in good company if you decide to attend Loyola University Chicago. It ranked #2 on our 2023 Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois list. Loyola Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 70 bachelors’s business economics degrees in 2021-2022.
With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Economics at Loyola University Chicago
You’ll join some of the best and brightest minds around if you attend Lewis University. The school came in at #3 for the Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 6 degrees to qualified bachelors’s business economics students in 2021-2022.
The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business Economics at Lewis University
Out of the 9 schools in the Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois that were part of this year’s ranking, Bradley University landed the #4 spot on the list. Bradley University is a medium-sized school located in Peoria, Illinois that handed out 9 bachelors’s business economics degrees in 2021-2022.
The low undergrad student loan default rate of 0.9% 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 87%, which means students like the school well enough to return for a second year.
Read full report on Business Economics at Bradley University
You’ll join some of the best and brightest minds around if you attend DePaul University. The school came in at #5 for the Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois. Located in Chicago, Illinois, this large private not-for-profit school awarded 45 degrees to qualified bachelors’s business economics students in 2021-2022.
The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business Economics at DePaul University
With a ranking of #6, Southern Illinois University Edwardsville did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois list. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 1 bachelors’s business economics degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
Read more about Business Economics at SIUE
Western Illinois University did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois ranking, coming in at #7. Western Illinois University is located in Macomb, Illinois and, has a medium-sized student population. In 2021-2022, this school awarded 4 bachelors’s business economics degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.
Read full report on Business Economics at Western Illinois University
Benedictine University landed the #8 spot on the 2023 Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois ranking. Benedictine U is a small school located in Lisle, Illinois that handed out 6 bachelors’s business economics degrees in 2021-2022.
The low undergrad student loan default rate of 1.1% 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 Benedictine U
Southern Illinois University Carbondale did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Business Economics Major in Illinois ranking, coming in at #9. Southern Illinois University Carbondale is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 1 bachelors’s degrees in 2021-2022.
The low undergrad student loan default rate of 2.4% 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%. The undergraduate 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.
Read more about Business Economics at SIUC
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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
- *Avg Salary and Avg 4-Year Grad Rate 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.
