2022 Best Value Colleges for Financial Mathematics (Income $0-$30k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Financial Math Schools in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 4,421 people earned their degree in financial mathematics, making the major the 174th most popular in the United States.
Across Illinois, there were 290 financial mathematics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Financial Math Schools in Illinois For Those Making $0-$30k” ranking analyzed 5 colleges that offered a degree in financial mathematics. The schools that top this list are recognized because they have great financial mathematics programs and 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 financial mathematics program at the school. See our ranking methodology to learn more.
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More Ways to Rank Financial Mathematics Schools
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 Value Financial Math Schools in Illinois For Those Making $0-$30k” list to help you make the college decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique 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 Financial Math Schools in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Financial Math Schools in Illinois For Those Making $0-$30k.
Top 5 Best Value Colleges for Financial Mathematics (Income $0-$30k) in Illinois
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Best Value Financial Math Schools in Illinois For Those Making $0-$30k. This fairly large school is located in Chicago, Illinois, and it awarded 86 ’s financial math 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 Financial Mathematics Schools in Illinois” ranking. The yearly cost to attend University of Chicago is $2,712 for illinois financial math students whose families make $0-$30k.
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%. 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. With a freshman retention rate of 100%, the school does an excellent job of retaining its students.
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 #2 for the Best Value Financial Math Schools in Illinois For Those Making $0-$30k. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 135 ’s financial math degrees in 2019-2020.
UIUC not only placed well in this ranking. It is also #2 on our “Best Financial Mathematics Schools in Illinois” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $5,477 for illinois financial math students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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%.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Financial Math Schools in Illinois For Those Making $0-$30k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s financial math degrees to 13 students in 2019-2020.
UIC also took the #4 spot in our “Best Financial Mathematics Schools in Illinois” ranking. The estimated yearly cost for UIC is $10,648 for illinois financial math students whose families make $0-$30k.
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%.
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #4 on our 2022 Best Value Financial Math Schools in Illinois For Those Making $0-$30k list. This fairly large school is located in Dekalb, Illinois, and it awarded 3 ’s financial math degrees in 2019-2020.
NIU also made our “Best Financial Mathematics Schools in Illinois” list, coming in at #5. It costs about $15,281 for illinois financial math students whose families make $0-$30k per year to attend Northern Illinois University.
You’ll be in good company if you decide to attend DePaul University. It ranked #5 on our 2022 Best Value Financial Math Schools in Illinois For Those Making $0-$30k list. DePaul University is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 44 ’s degrees in 2019-2020.
DePaul not only placed well in this ranking. It is also #3 on our “Best Financial Mathematics Schools in Illinois” list. The yearly cost to attend DePaul is $26,173 for illinois financial math students whose families make $0-$30k.
The low student loan default rate of 4.5% 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%.
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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 Steven G. Johnson.
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