2022 Best Value Medicine Schools in Illinois For Those Making $0-$30k
When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Medicine Schools in Illinois For Those Making $0-$30k” ranking.
Medicine is the 54th most popular major in the country with 27,562 degrees awarded in 2019-2020. In 2017-2018, medicine graduates who were awarded their degree in 2015-2017, earned an average of $54,795 and had an average of $169,628 in loans still to pay off.
Across Illinois, there were 1,348 medicine graduates with average earnings and debt of $56,129 and $204,764 respectively.
This year’s “Best Value Medicine Schools in Illinois For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s in medicine. The schools that top this list are recognized because they have great medicine programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the medicine program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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The medicine school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Medicine Schools in Illinois For Those Making $0-$30k”.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 Medicine Schools in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Medicine Schools in Illinois For Those Making $0-$30k.
Top 5 Best Value Colleges for Medicine (Income $0-$30k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Medicine Schools in Illinois For Those Making $0-$30k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 147 ’s medicine degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Medicine Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $1,866 for illinois medicine students whose families make $0-$30k.
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 low student loan default rate of 0.8% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value Medicine Schools in Illinois For Those Making $0-$30k list. This fairly large school is located in Chicago, Illinois, and it awarded 84 ’s medicine degrees in 2019-2020.
As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Medicine Schools in Illinois” ranking. It costs about $2,712 for Illinois Medicine students whose families make $0-$30k per year to attend UChicago.
Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year.
Out of the 5 schools in the Best Value Medicine 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. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 315 ’s medicine degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best Medicine Schools in Illinois” list. The estimated yearly cost for UIC is $10,648 for illinois medicine students whose families make $0-$30k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Medicine at University of Illinois at Chicago
You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #4 on our 2022 Best Value Medicine Schools in Illinois For Those Making $0-$30k list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 68 ’s medicine degrees in 2019-2020.
SIUC also took the #7 spot in our “Best Medicine Schools in Illinois” ranking. It costs about $13,658 for illinois medicine students whose families make $0-$30k per year to attend Southern Illinois University Carbondale.
Read full report on Medicine at Southern Illinois University Carbondale
Out of the 5 schools in the Best Value Medicine Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Loyola University Chicago landed the #5 spot on the list. Loyola Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 144 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Loyola Chicago, the school also landed the #6 spot in our “Best Medicine Schools in Illinois” ranking. The yearly cost to attend Loyola Chicago is $29,440 for Illinois Medicine students whose families make $0-$30k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
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- Best Value Colleges for Medicine (Income $0-$30k)
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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.
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