2022 Best Value Engineering Physics Schools 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 was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Engineering Physics Schools in Illinois For Those Making $30-$48k” ranking is part of that endeavor.
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 $30-$48k” ranking, we looked at 4 colleges that offer a degree in engineering physics. This ranking identifies schools with high-quality engineering physics programs that also have a lower cost than 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. See our ranking methodology to learn more.
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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 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. 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.
Best Value Engineering Physics Schools in Illinois For Those Making $30-$48k
The colleges and universities below are the best for illinois engineering physics students whose families make $30-$48k.
Top 4 Best Value Colleges for Engineering Physics (Income $30-$48k) in Illinois
Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 3 ’s degrees in 2019-2020.
In addition to being on our illinois engineering physics students whose families make $30-$48k list, Northwestern has also earned the #1 rank in our “Best Engineering Physics Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $3,995 for illinois engineering physics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. 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.
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 Engineering Physics Schools in Illinois For Those Making $30-$48k 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.
UIUC did well in our major quality rankings, too. It placed #2 on our “Best Engineering Physics Schools in Illinois” list. It costs about $8,464 for Illinois Engineering Physics students whose families make $30-$48k per year to attend UIUC.
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%.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Engineering Physics Schools in Illinois For Those Making $30-$48k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s engineering physics degrees to 3 students in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best Engineering Physics Schools in Illinois” list. It costs about $11,185 for Illinois Engineering Physics students whose families make $30-$48k 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%.
Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Illinois Institute of Technology landed the #4 spot on the list. Located in Chicago, Illinois, this medium-sized private not-for-profit school awarded 2 diplomas to qualified ’s engineering physics students in 2019-2020.
Illinois Tech also made our “Best Engineering Physics Schools in Illinois” list, coming in at #3. It costs about $18,720 for Illinois Engineering Physics students whose families make $30-$48k per year to attend Illinois Institute of Technology.
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 student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
Full Illinois Institute of Technology Engineering Physics Report
- Best Value Colleges for Engineering Physics (Income $30-$48k) in the Great Lakes Region
- Best Value Colleges for Engineering Physics (Income $30-$48k)
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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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