2022 Best Value Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 15,671 people earned their degree in econometrics and quantitative economics, making the major the 66th most popular in the United States.
Across Illinois, there were 1,193 econometrics and quantitative economics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k” ranking analyzed 10 colleges that offered a degree in econometrics and quantitative economics. Not only do the schools that top this list have excellent econometrics and quantitative 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 econometrics and quantitative economics 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.
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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 Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k” list to help you make the college decision.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois econometrics and quantitative economics students whose families make $0-$30k.
Top 10 Best Value Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in Illinois
Out of the 10 schools in the Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 385 ’s econometrics and quantitative economics degrees in 2019-2020.
Northwestern also took the #2 spot in our “Best Econometrics & Quantitative Economics Schools in Illinois” ranking. It costs about $1,866 for illinois econometrics and quantitative economics students whose families make $0-$30k per year to attend Northwestern.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 97%, 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 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Econometrics & Quantitative Economics at Northwestern
You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k list. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 519 ’s econometrics and quantitative economics 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 Econometrics & Quantitative Economics Schools in Illinois” ranking. The yearly cost to attend UChicago is $2,712 for Illinois Econometrics and Quantitative Economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year.
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 #3 for the Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 145 ’s degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Econometrics & Quantitative Economics Schools in Illinois” ranking. The yearly cost to attend UIUC is $5,477 for illinois econometrics and quantitative economics students whose families make $0-$30k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 2.4% 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%.
Read more about Econometrics & Quantitative Economics at UIUC
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k. This large school is located in Chicago, Illinois, and it awarded 16 ’s econometrics and quantitative economics degrees in 2019-2020.
UIC not only placed well in this ranking. It is also #6 on our “Best Econometrics & Quantitative Economics Schools in Illinois” list. The yearly cost to attend UIC is $10,648 for Illinois Econometrics and Quantitative Economics 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%.
Full University of Illinois at Chicago Econometrics & Quantitative Economics Report
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #5 on our 2022 Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k list. Wheaton College Illinois is a small school located in Wheaton, Illinois that handed out 40 ’s econometrics and quantitative economics degrees in 2019-2020.
Wheaton College Illinois also took the #4 spot in our “Best Econometrics & Quantitative Economics Schools in Illinois” ranking. The yearly cost to attend Wheaton College Illinois is $18,440 for illinois econometrics and quantitative economics students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
Full Wheaton College Illinois Econometrics & Quantitative Economics Report
Lake Forest College did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k ranking, coming in at #6. Lake Forest is a private not-for-profit institution located in Lake Forest, Illinois. The school has a small population, and it awarded 21 ’s degrees in 2019-2020.
Lake Forest did well in our major quality rankings, too. It placed #5 on our “Best Econometrics & Quantitative Economics Schools in Illinois” list. The estimated yearly cost for Lake Forest is $18,192 for illinois econometrics and quantitative economics students whose families make $0-$30k.
The low student loan default rate of 2.5% 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%.
Read more about Econometrics & Quantitative Economics at Lake Forest
Illinois State University ranked #7 on this year’s Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k list. Located in Normal, Illinois, this large public school handed out 14 diplomas to qualified ’s econometrics and quantitative economics students in 2019-2020.
As a testament to the quality of education offered at Illinois State, the school also landed the #8 spot in our “Best Econometrics & Quantitative Economics Schools in Illinois” ranking. The estimated yearly cost for Illinois State University is $14,470 for Illinois Econometrics and Quantitative Economics students whose families make $0-$30k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Full Illinois State Econometrics & Quantitative Economics Report
Knox College ranked #8 on this year’s Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k list. This small school is located in Galesburg, Illinois, and it awarded 18 ’s econometrics and quantitative economics degrees in 2019-2020.
Knox not only placed well in this ranking. It is also #7 on our “Best Econometrics & Quantitative Economics Schools in Illinois” list. It costs about $16,828 for Illinois Econometrics and Quantitative Economics students whose families make $0-$30k per year to attend Knox.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Econometrics & Quantitative Economics at Knox
With a ranking of #9, Western Illinois University did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k list. This medium-sized school is located in Macomb, Illinois, and it awarded 6 ’s econometrics and quantitative economics degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #10 on our “Best Econometrics & Quantitative Economics Schools in Illinois” list. The estimated yearly cost for WIU is $13,942 for Illinois Econometrics and Quantitative Economics students whose families make $0-$30k.
Read more about Econometrics & Quantitative Economics at WIU
With a ranking of #10, DePaul University did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools in Illinois For Those Making $0-$30k list. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s econometrics and quantitative economics degrees to 29 students in 2019-2020.
DePaul also made our “Best Econometrics & Quantitative Economics Schools in Illinois” list, coming in at #9. The yearly cost to attend DePaul University is $26,173 for Illinois Econometrics and Quantitative Economics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 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.
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