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2022 Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k

4 Ranked Colleges
97 Degrees Awarded
$8,800 Avg Net Price*
Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Engineering Physics Schools in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Engineering Physics is the 239th most popular major in the country with 941 degrees awarded in 2019-2020. In 2017-2018, engineering physics graduates who were awarded their degree in 2015-2017, earned an average of $59,675 and had an average of $20,001 in loans still to pay off.

Across Illinois, there were 97 engineering physics graduates with average earnings and debt of $73,900 and $21,817 respectively.

For this year’s “Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k” ranking, we looked at 4 colleges that offer a degree in engineering physics. Not only do the schools that top this list have excellent engineering physics programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the engineering 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

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k.

Top 4 Best Value Colleges for Engineering Physics (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 3 ’s engineering physics degrees in 2019-2020.

In addition to being on our illinois engineering physics students whose families make $0-$30k list, Northwestern has also earned the #1 rank in our “Best Engineering Physics Schools in Illinois” ranking. The estimated yearly cost for Northwestern University is $1,866 for Illinois Engineering Physics students whose families make $0-$30k.

The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Full Northwestern University Engineering Physics Report

Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s engineering physics degrees to 77 students in 2019-2020.

In addition to being on our illinois engineering physics students whose families make $0-$30k list, UIUC has also earned the #2 rank in our “Best Engineering Physics Schools in Illinois” ranking. The yearly cost to attend UIUC is $5,477 for illinois engineering physics students whose families make $0-$30k.

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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

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

Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. UIC is a large public school situated in Chicago, Illinois. It awarded 3 ’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #4 spot in our “Best Engineering Physics Schools in Illinois” ranking. It costs about $10,648 for illinois engineering physics students whose families make $0-$30k per year to attend University of Illinois at Chicago.

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%.

Read more about Engineering Physics at UIC

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #4 for the Best Value Engineering Physics Schools in Illinois For Those Making $0-$30k. Illinois Tech is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 2 ’s engineering physics degrees in 2019-2020.

Illinois Tech also took the #3 spot in our “Best Engineering Physics Schools in Illinois” ranking. It costs about $17,222 for Illinois Engineering Physics students whose families make $0-$30k per year to attend Illinois Institute of Technology.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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. 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%.

Read more about Engineering Physics at Illinois Institute of Technology

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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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