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

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Vallue Engineering Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k” 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 Vallue Engineering Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k” 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.

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. 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 Vallue Engineering Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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

The following schools top our list of the Best Best Vallue Engineering Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k.

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

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$15,880 Average Net Price

$59,417 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Vallue Engineering Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. UIUC is a large school located in Champaign, Illinois that handed out 77 bachelors’s engineering physics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree engineering physics students whose families make more than $110k list, UIUC has also earned the #1 rank in our “Best Engineering Physics Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,880 for illinois bachelor’s degree engineering physics students whose families make more than $110k per year to attend University of Illinois at Urbana-Champaign.

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%.

Read more about Engineering 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 Engineering Physics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 3 bachelors’s engineering physics degrees to qualified students.

UIC not only placed well in this ranking. It is also #3 on our “Best Engineering Physics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for UIC is $13,312 for Illinois Bachelor’s Degree Engineering Physics students whose families make more than $110k.

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 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 Engineering 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. Illinois Tech is a medium-sized school located in Chicago, Illinois that handed out 2 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at Illinois Tech, the school also landed the #2 spot in our “Best Engineering Physics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois Tech is $22,831 for Illinois Bachelor’s Degree Engineering Physics students whose families make more than $110k.

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

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