2022 Best Value Colleges for Engineering Physics (Income $48-$75k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. 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 $48-$75k” ranking is part of that endeavor.
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.
For this year’s “Best Value Engineering Physics Schools in Illinois For Those Making $48-$75k” 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the engineering physics program at the school. Check out our ranking methodology for more information.
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Best Value Engineering Physics Schools in Illinois For Those Making $48-$75k
The following schools top our list of the Best Best Value Engineering Physics Schools in Illinois For Those Making $48-$75k.
Top 4 Best Value Colleges for Engineering Physics (Income $48-$75k) in Illinois
Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large school located in Evanston, Illinois that handed out 3 ’s engineering physics degrees in 2019-2020.
Northwestern also took the #1 spot in our “Best Engineering Physics Schools in Illinois” ranking. The yearly cost to attend Northwestern is $6,452 for Illinois Engineering Physics students whose families make $48-$75k.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.
Read more about Engineering Physics at Northwestern University
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 $48-$75k 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 not only placed well in this ranking. It is also #2 on our “Best Engineering Physics Schools in Illinois” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $13,351 for Illinois Engineering Physics students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Out of the 4 schools in the Best Value Engineering Physics Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 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. The estimated yearly cost for UIC is $13,683 for Illinois Engineering Physics students whose families make $48-$75k.
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%.
Full University of Illinois at Chicago Engineering Physics Report
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 $48-$75k. This medium-sized school is located in Chicago, Illinois, and it awarded 2 ’s engineering physics degrees in 2019-2020.
Illinois Tech did well in our major quality rankings, too. It placed #3 on our “Best Engineering Physics Schools in Illinois” list. It costs about $22,542 for illinois engineering physics students whose families make $48-$75k per year to attend Illinois Tech.
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. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
- Best Value Colleges for Engineering Physics (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Engineering Physics (Income $48-$75k)
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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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