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2022 Best Value Colleges for Engineering & Applied Physics (Income $48-$75k) in Illinois

4 Ranked Colleges
97 Degrees Awarded
Best Value Applied Physics Schools in Illinois For Those Making $48-$75k

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 “Best Value Applied Physics Schools in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2019-2020, 941 people earned their degree in engineering and applied physics, making the major the 440th most popular in the United States.

Across Illinois, there were 97 engineering and applied physics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Applied Physics Schools in Illinois For Those Making $48-$75k” ranking looked at 4 colleges that offer degrees in a bachelor’s in engineering and applied physics. Not only do the schools that top this list have excellent engineering and applied physics programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the engineering and applied physics 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 applied physics 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 Applied Physics Schools in Illinois For Those Making $48-$75k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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.

Best Value Applied Physics Schools in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois applied physics students whose families make $48-$75k.

Top 4 Best Value Colleges for Engineering & Applied Physics (Income $48-$75k) in Illinois

#1

Northwestern University

Evanston, Illinois

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Applied Physics Schools in Illinois For Those Making $48-$75k. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s applied physics degrees to 3 students in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Engineering & Applied Physics Schools in Illinois” list. The yearly cost to attend Northwestern is $6,452 for illinois applied physics students whose families make $48-$75k.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Engineering & Applied Physics at Northwestern

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2022 Best Value Applied Physics Schools in Illinois For Those Making $48-$75k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 77 ’s applied physics degrees in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #2 on our “Best Engineering & Applied Physics Schools in Illinois” list. The estimated yearly cost for UIUC is $13,351 for Illinois Applied Physics students whose families make $48-$75k.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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%.

Read more about Engineering & Applied Physics at UIUC

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Applied Physics Schools in Illinois For Those Making $48-$75k list. This large school is located in Chicago, Illinois, and it awarded 3 ’s applied physics degrees in 2019-2020.

UIC also made our “Best Engineering & Applied Physics Schools in Illinois” list, coming in at #4. It costs about $13,683 for illinois applied physics students whose families make $48-$75k per year to attend UIC.

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 more about Engineering & Applied Physics at UIC

You’ll be in good company if you decide to attend Illinois Institute of Technology. It ranked #4 on our 2022 Best Value Applied Physics Schools in Illinois For Those Making $48-$75k list. Illinois Tech is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 2 ’s degrees in 2019-2020.

Illinois Tech also made our “Best Engineering & Applied Physics Schools in Illinois” list, coming in at #3. It costs about $22,542 for illinois applied physics students whose families make $48-$75k per year to attend Illinois Tech.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.

Read full report on Engineering & Applied Physics at Illinois Tech

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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 NASA.

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