2022 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $0-$30k) in Illinois

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 10,462 people earned their degree in applied mathematics, making the major the 83rd most popular in the United States. In 2017-2018, applied mathematics graduates who were awarded their degree in 2015-2017, earned an average of $55,528 and had an average of $22,646 in loans still to pay off.

Across Illinois, there were 462 applied mathematics graduates with average earnings and debt of $60,700 and $44,684 respectively. At the bachelor’s degree level specifically, there were 68 applied mathematics graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in applied mathematics. This ranking identifies schools with high-quality applied mathematics programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the applied mathematics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank Applied Mathematics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois bachelor’s degree applied math students whose families make $0-$30k.

Top 3 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$1,866 Average Net Price

$67,660 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Located in Evanston, Illinois, this large private not-for-profit school handed out 36 diplomas to qualified bachelors’s applied math students in 2019-2020.

Northwestern also took the #1 spot in our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $1,866 for illinois bachelor’s degree applied math students whose families make $0-$30k.

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 student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Full Northwestern University Applied Mathematics Report

#2

Augustana College

Rock Island, Illinois

#2 in overall quality

$20,355 Average Net Price

$55,964 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Augustana College. The school came in at #2 for the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Augustana College is a private not-for-profit institution located in Rock Island, Illinois. The school has a small population, and it awarded 7 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Augustana, the school also landed the #2 spot in our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Augustana is $20,355 for Illinois Bachelor’s Degree Applied Math students whose families make $0-$30k.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. 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 full report on Applied Mathematics at Augustana

#3

McKendree University

Lebanon, Illinois

#3 in overall quality

$15,184 Average Net Price

You’ll join some of the best and brightest minds around if you attend McKendree University. The school came in at #3 for the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $0-$30k. McKendree is a small school located in Lebanon, Illinois that handed out 3 bachelors’s applied math degrees in 2019-2020.

McKendree also made our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list, coming in at #3. It costs about $15,184 for illinois bachelor’s degree applied math students whose families make $0-$30k per year to attend McKendree.

Full McKendree University Applied Mathematics Report

• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $0-$30k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $0-$30k)

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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