2022 Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

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.

This year’s “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking looked at 3 colleges that offer degrees in a bachelor’s in applied mathematics. The schools that top this list are recognized because they have great applied 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 applied mathematics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most 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 Applied Math Schools for a Bachelor’s in Illinois For Those Making $30-$48k

The colleges and universities below are the best for illinois bachelor’s degree applied math students whose families make $30-$48k.

Top 3 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$3,995 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 $30-$48k. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 36 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $3,995 for Illinois Bachelor’s Degree Applied Math students whose families make $30-$48k.

With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Applied Mathematics at Northwestern

#2

Augustana College

Rock Island, Illinois

#2 in overall quality

$16,249 Average Net Price

$55,964 Average Early-Career Earnings

Out of the 3 schools in the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Augustana College landed the #2 spot on the list. Located in Rock Island, Illinois, this small private not-for-profit school awarded 7 diplomas to qualified bachelors’s applied math students in 2019-2020.

Augustana also made our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list, coming in at #2. The yearly cost to attend Augustana is $16,249 for Illinois Bachelor’s Degree Applied Math students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Full Augustana Applied Mathematics Report

#3

McKendree University

Lebanon, Illinois

#3 in overall quality

$16,659 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 $30-$48k. McKendree is a small school located in Lebanon, Illinois that handed out 3 bachelors’s applied math degrees in 2019-2020.

McKendree not only placed well in this ranking. It is also #3 on our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for McKendree University is $16,659 for Illinois Bachelor’s Degree Applied Math students whose families make $30-$48k.

Read full report on Applied Mathematics at McKendree

• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k)

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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