2022 Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking is part of that endeavor.

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. At the bachelor’s degree level specifically, there were 94 engineering and applied physics graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking looked at 3 colleges that offer degrees in a bachelor’s in engineering and applied physics. The schools that top this list are recognized because they have great engineering and applied physics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the engineering and applied physics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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.

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Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k

The colleges and universities below are the best for illinois bachelor’s degree applied physics students whose families make more than $110k.

Top 3 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income Over $110k) in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$15,880 Average Net Price

Out of the 3 schools in the Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. This large school is located in Champaign, Illinois, and it awarded 77 bachelors’s applied physics degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #1 spot in our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIUC is $15,880 for illinois bachelor’s degree applied physics students whose families make more than $110k.

The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read more about Engineering & Applied Physics at University of Illinois at Urbana-Champaign

#2

University of Illinois at Chicago

Chicago, Illinois

#3 in overall quality

$13,312 Average Net Price

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #2 on our 2022 Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. UIC is a large school located in Chicago, Illinois that handed out 3 bachelors’s applied physics degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #3 on our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Illinois” list. It costs about $13,312 for illinois bachelor’s degree applied physics students whose families make more than $110k per year to attend University of Illinois at Chicago.

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 Engineering & Applied Physics at University of Illinois at Chicago

#3

Illinois Institute of Technology

Chicago, Illinois

#2 in overall quality

$22,831 Average Net Price

Out of the 3 schools in the Best Vallue Applied Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Illinois Institute of Technology landed the #3 spot on the list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s applied physics degrees to 2 students in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #2 on our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Illinois Tech is $22,831 for illinois bachelor’s degree applied physics students whose families make more than $110k.

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. Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 2.9% 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%.

Full Illinois Institute of Technology Engineering & Applied Physics Report

• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income Over $110k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income Over $110k)

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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