2022 Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.

In 2019-2020, 941 people earned their degree in engineering physics, making the major the 239th most popular in the United States. 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. At the bachelor’s degree level specifically, there were 94 engineering physics graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking, we looked at 3 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.

Some of the factors we look at when determining these rankings are overall quality of the engineering 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

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k.

Top 3 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $30-$48k) in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$8,464 Average Net Price

$59,417 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #1 for the Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k. This large school is located in Champaign, Illinois, and it awarded 77 bachelors’s engineering 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 Physics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIUC is $8,464 for illinois bachelor’s degree engineering physics students whose families make $30-$48k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Read full report on Engineering Physics at UIUC

#2

University of Illinois at Chicago

Chicago, Illinois

#3 in overall quality

$11,185 Average Net Price

Out of the 3 schools in the Best Value Engineering Physics 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. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 3 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #3 spot in our “Best Engineering Physics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Chicago is $11,185 for illinois bachelor’s degree engineering physics 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%.

Read full report on Engineering Physics at UIC

#3

Illinois Institute of Technology

Chicago, Illinois

#2 in overall quality

$18,720 Average Net Price

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #3 for the Best Value Engineering Physics Schools for a Bachelor’s in Illinois For Those Making $30-$48k. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s engineering physics degrees to 2 students in 2019-2020.

Illinois Tech also made our “Best Engineering Physics Bachelor’s Degree Schools in Illinois” list, coming in at #2. The yearly cost to attend Illinois Institute of Technology is $18,720 for illinois bachelor’s degree engineering physics 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 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%. 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.

Full Illinois Institute of Technology Engineering Physics Report

• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $30-$48k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $30-$48k)

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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