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2022 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in Illinois

7 Ranked Colleges
229 Degrees Awarded
$31,200 Avg Grad Tuition & Fees*
Best Value Econometrics and Quantitative Economics Schools for a Master's in Illinois For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this 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. At the master’s degree level specifically, there were 229 econometrics and quantitative economics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k” ranking looked at 7 colleges that offer degrees in a bachelor’s in econometrics and quantitative economics. This ranking identifies schools with high-quality econometrics and quantitative economics programs that also have a lower cost than 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 econometrics and quantitative economics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The econometrics and quantitative economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. 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 Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k.

Top 7 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois
#2 in overall quality

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 Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 34 masters’s econometrics and quantitative economics degrees to qualified students.

Northwestern did well in our major quality rankings, too. It placed #2 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.

Read full report on Econometrics & Quantitative Economics at Northwestern

#2

University of Chicago

Chicago, Illinois
#1 in overall quality

Out of the 7 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 59 masters’s econometrics and quantitative economics degrees in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #1 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Read full report on Econometrics & Quantitative Economics at University of Chicago

#3 in overall quality

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 for a Master’s in Illinois For Those Making $0-$30k. UIUC is a large public school situated in Champaign, Illinois. It awarded 76 masters’s econometrics and quantitative economics degrees in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Full University of Illinois at Urbana-Champaign Econometrics & Quantitative Economics Report

#4 in overall quality

Out of the 7 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Chicago landed the #4 spot on the list. UIC is a large public school situated in Chicago, Illinois. It awarded 11 masters’s econometrics and quantitative economics degrees in 2019-2020.

In addition to being on our illinois master’s degree econometrics and quantitative economics students whose families make $0-$30k list, UIC has also earned the #4 rank in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read more about Econometrics & Quantitative Economics at UIC

#5

Illinois State University

Normal, Illinois
#6 in overall quality

You’ll be in good company if you decide to attend Illinois State University. It ranked #5 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k list. Illinois State is a public institution located in Normal, Illinois. The school has a large population, and it awarded 14 masters’s degrees in 2019-2020.

Illinois State also took the #6 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Illinois State are $11,069, but you may pay more or less depending on your major.

Full Illinois State University Econometrics & Quantitative Economics Report

#6

Western Illinois University

Macomb, Illinois

With a ranking of #6, Western Illinois University did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k list. This medium-sized school is located in Macomb, Illinois, and it awarded 6 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at WIU, the school also landed the #0 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at WIU are $11,996, but some majors have different tuition rates.

Read full report on Econometrics & Quantitative Economics at WIU

#7

DePaul University

Chicago, Illinois
#5 in overall quality

DePaul University ranked #7 on this year’s Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $0-$30k list. DePaul University is a large private not-for-profit school situated in Chicago, Illinois. It awarded 29 masters’s econometrics and quantitative economics degrees in 2019-2020.

DePaul also took the #5 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul University are $19,760, but some majors have different tuition rates.

Full DePaul Econometrics & Quantitative Economics Report

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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 pixabay.

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