2022 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $30-$48k) in Illinois
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking is part of that endeavor.
Finance & Financial Management is the 14th most popular major in the country with 57,893 degrees awarded in 2019-2020. In 2017-2018, finance and financial management graduates who were awarded their degree in 2015-2017, earned an average of $51,578 and had an average of $26,517 in loans still to pay off.
Across Illinois, there were 2,123 finance and financial management graduates with average earnings and debt of $48,379 and $24,496 respectively. At the bachelor’s degree level specifically, there were 1,809 finance and financial management graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking analyzed 27 colleges that offered a degree in finance and financial management. This ranking identifies schools with high-quality finance and financial management 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 finance and financial management 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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The finance 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 Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k”.
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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k
The colleges and universities below are the best for illinois bachelor’s degree finance students whose families make $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $30-$48k) in Illinois
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. This large school is located in Champaign, Illinois, and it awarded 256 bachelors’s finance degrees in 2019-2020.
UIUC also took the #1 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $8,464 for illinois bachelor’s degree finance students whose families make $30-$48k.
The low 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Chicago landed the #2 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 253 students in 2019-2020.
UIC also took the #7 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend UIC is $11,185 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k.
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 Finance & Financial Management at University of Illinois at Chicago
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Located in Dekalb, Illinois, this fairly large public school awarded 90 degrees to qualified bachelors’s finance students in 2019-2020.
NIU did well in our major quality rankings, too. It placed #11 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Northern Illinois University is $15,861 for illinois bachelor’s degree finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Northern Illinois University
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Eastern Illinois University landed the #4 spot on the list. Located in Charleston, Illinois, this medium-sized public school handed out 26 diplomas to qualified bachelors’s finance students in 2019-2020.
EIU not only placed well in this ranking. It is also #18 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $11,316 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend EIU.
You’ll be in good company if you decide to attend Illinois State University. It ranked #5 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Located in Normal, Illinois, this large public school handed out 245 diplomas to qualified bachelors’s finance students in 2019-2020.
Illinois State not only placed well in this ranking. It is also #4 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $14,999 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend Illinois State University.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at Illinois State University
Saint Xavier University came in at #6 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Saint Xavier University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 40 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at SXU, the school also landed the #21 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $11,962 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k per year to attend Saint Xavier University.
Read more about Finance & Financial Management at Saint Xavier University
Southern Illinois University Carbondale ranked #7 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. SIUC is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 40 bachelors’s finance degrees to qualified students.
SIUC did well in our major quality rankings, too. It placed #19 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for SIUC is $14,306 for illinois bachelor’s degree finance students whose families make $30-$48k.
Full Southern Illinois University Carbondale Finance & Financial Management Report
Aurora University ranked #8 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Located in Aurora, Illinois, this medium-sized private not-for-profit school awarded 33 diplomas to qualified bachelors’s finance students in 2019-2020.
Aurora not only placed well in this ranking. It is also #14 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $13,845 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend Aurora University.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
University of St Francis came in at #9 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. This small school is located in Joliet, Illinois, and it awarded 13 bachelors’s finance degrees in 2019-2020.
University of Saint Francis did well in our major quality rankings, too. It placed #15 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for University of St Francis is $11,229 for illinois bachelor’s degree finance students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at University of Saint Francis
With a ranking of #10, Illinois College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 17 bachelors’s finance degrees in 2019-2020.
Illinois College also took the #20 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Illinois College is $12,454 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k.
Western Illinois University came in at #11 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. This medium-sized school is located in Macomb, Illinois, and it awarded 17 bachelors’s finance degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #23 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for WIU is $14,526 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k.
Augustana College came in at #12 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Augustana College is a small school located in Rock Island, Illinois that handed out 55 bachelors’s finance degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students whose families make $30-$48k list, Augustana has also earned the #3 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Augustana is $16,249 for illinois bachelor’s degree finance students whose families make $30-$48k.
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.
Full Augustana College Finance & Financial Management Report
Elmhurst University came in at #13 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. This small school is located in Elmhurst, Illinois, and it awarded 46 bachelors’s finance degrees in 2019-2020.
Elmhurst did well in our major quality rankings, too. It placed #9 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $17,837 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend Elmhurst University.
The low student loan default rate of 3.0% 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 Finance & Financial Management at Elmhurst University
Lewis University landed the #14 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. This medium-sized school is located in Romeoville, Illinois, and it awarded 26 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Lewis, the school also landed the #13 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Lewis is $13,377 for illinois bachelor’s degree finance students whose families make $30-$48k.
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%.
Lake Forest College came in at #15 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Located in Lake Forest, Illinois, this small private not-for-profit school awarded 29 degrees to qualified bachelors’s finance students in 2019-2020.
As a testament to the quality of education offered at Lake Forest, the school also landed the #10 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $19,152 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend Lake Forest.
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%.
Read more about Finance & Financial Management at Lake Forest
Dominican University ranked #16 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. This small school is located in River Forest, Illinois, and it awarded 11 bachelors’s finance degrees in 2019-2020.
Dominican U did well in our major quality rankings, too. It placed #17 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Dominican U is $17,586 for illinois bachelor’s degree finance students whose families make $30-$48k.
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.
Full Dominican University Finance & Financial Management Report
Northeastern Illinois University came in at #17 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Northeastern Illinois University is a medium-sized public school situated in Chicago, Illinois. It awarded 58 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend Northeastern Illinois University is $15,513 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Northeastern Illinois University
With a ranking of #18, Bradley University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Bradley University is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 19 bachelors’s finance degrees to qualified students.
Bradley also took the #8 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Bradley is $18,232 for illinois bachelor’s degree finance students whose families make $30-$48k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Finance & Financial Management at Bradley University
Illinois Wesleyan University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking, coming in at #19. Illinois Wesleyan is a small private not-for-profit school situated in Bloomington, Illinois. It awarded 19 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Illinois Wesleyan, the school also landed the #2 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois Wesleyan University is $19,857 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The 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 full report on Finance & Financial Management at Illinois Wesleyan University
With a ranking of #20, Quincy University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Quincy, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 17 students in 2019-2020.
Quincy U did well in our major quality rankings, too. It placed #24 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $17,518 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend Quincy University.
Read full report on Finance & Financial Management at Quincy U
Trinity Christian College landed the #21 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. This small school is located in Palos Heights, Illinois, and it awarded 10 bachelors’s finance degrees in 2019-2020.
Trinity Christian not only placed well in this ranking. It is also #16 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $19,918 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k per year to attend Trinity Christian.
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. The low student loan default rate of 5.0% 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%.
Full Trinity Christian College Finance & Financial Management Report
With a ranking of #22, Millikin University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Located in Decatur, Illinois, this small private not-for-profit school awarded 2 degrees to qualified bachelors’s finance students in 2019-2020.
Millikin also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #22. It costs about $17,692 for Illinois Bachelor’s Degree Finance students whose families make $30-$48k per year to attend Millikin University.
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.
Full Millikin University Finance & Financial Management Report
North Central College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking, coming in at #23. This small school is located in Naperville, Illinois, and it awarded 39 bachelors’s finance degrees in 2019-2020.
North Central also took the #12 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for North Central College is $20,128 for illinois bachelor’s degree finance students whose families make $30-$48k.
The low student loan default rate of 3.9% 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%.
Roosevelt University came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Roosevelt University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 25 bachelors’s degrees in 2019-2020.
It costs about $20,330 for illinois bachelor’s degree finance students whose families make $30-$48k per year to attend Roosevelt.
With a ranking of #25, DePaul University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 283 students in 2019-2020.
DePaul did well in our major quality rankings, too. It placed #6 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for DePaul University is $25,842 for illinois bachelor’s degree finance students whose families make $30-$48k.
The low student loan default rate of 4.5% 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%.
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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.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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