2022 Best Value Applied Economics Schools in Illinois For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Applied Economics Schools in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 652 people earned their degree in applied economics, making the major the 497th most popular in the United States.

Across Illinois, there were 5 applied economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Applied Economics Schools in Illinois For Those Making $0-$30k” ranking looked at 2 colleges that offer degrees in a bachelor’s in applied economics. Not only do the schools that top this list have excellent applied economics programs, but they also cost less that schools of similar quality.

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

More Ways to Rank Applied Economics 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 Applied Economics Schools in Illinois For Those Making $0-$30k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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.

Best Value Applied Economics Schools in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois applied economics students whose families make $0-$30k.

Top 2 Best Value Colleges for Applied Economics (Income $0-$30k) in Illinois

#1

University of Illinois at Chicago

Chicago, Illinois

#1 in overall quality

$10,648 Average Net Price

$48,171 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #1 on our 2022 Best Value Applied Economics Schools in Illinois For Those Making $0-$30k list. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 1 ’s applied economics degrees to qualified students.

UIC also took the #1 spot in our “Best Applied Economics Schools in Illinois” ranking. The estimated yearly cost for UIC is $10,648 for illinois applied economics 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%.

Full University of Illinois at Chicago Applied Economics Report

#2

DePaul University

Chicago, Illinois

#2 in overall quality

$26,173 Average Net Price

$46,448 Average Early-Career Earnings

Out of the 2 schools in the Best Value Applied Economics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, DePaul University landed the #2 spot on the list. This large school is located in Chicago, Illinois, and it awarded 4 ’s applied economics degrees in 2019-2020.

DePaul also took the #2 spot in our “Best Applied Economics Schools in Illinois” ranking. The estimated yearly cost for DePaul University is $26,173 for illinois applied economics students whose families make $0-$30k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Applied Economics at DePaul

• Best Value Colleges for Applied Economics (Income $0-$30k) in the Great Lakes Region
• Best Value Colleges for Applied Economics (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 pixabay.

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