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2022 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics (Income $30-$48k) in Illinois

6 Ranked Colleges
887 Degrees Awarded
$11,600 Avg Net Price*
Best Value Econometrics and Quantitative Economics 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. College Factual has developed its “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” 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 bachelor’s degree level specifically, there were 887 econometrics and quantitative economics graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking, we looked at 6 colleges that offer a degree 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.

When determining these rankings, we looked at things such as overall quality of the econometrics and quantitative economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 for a Bachelor’s in Illinois For Those Making $30-$48k” list to help you make the college decision.

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. 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 for a Bachelor’s in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k.

Top 6 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics (Income $30-$48k) in Illinois

#1

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 331 bachelors’s degrees in 2019-2020.

Northwestern also took the #2 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $3,995 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $30-$48k per year to attend Northwestern University.

The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read more about Econometrics & Quantitative Economics at Northwestern

#2

University of Chicago

Chicago, Illinois
#1 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 423 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

UChicago also took the #1 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Chicago is $2,800 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 100%. Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.

Read more about Econometrics & Quantitative Economics at UChicago

#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 Bachelor’s in Illinois For Those Making $30-$48k. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 54 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

UIUC also made our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list, coming in at #3. The yearly cost to attend UIUC is $8,464 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Econometrics & Quantitative Economics at UIUC

#4

Knox College

Galesburg, Illinois
#6 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Knox College landed the #4 spot on the list. Knox is located in Galesburg, Illinois and, has a small student population. In 2019-2020, this school awarded 18 bachelors’s econometrics and quantitative economics degrees to qualified students.

As a testament to the quality of education offered at Knox, the school also landed the #6 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Knox is $19,186 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $30-$48k.

The low student loan default rate of 4.8% 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%. 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.

Full Knox Econometrics & Quantitative Economics Report

#5

Wheaton College Illinois

Wheaton, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #5 for the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k. Wheaton, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s econometrics and quantitative economics degrees to 40 students in 2019-2020.

Wheaton College Illinois also made our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list, coming in at #4. The yearly cost to attend Wheaton College Illinois is $16,212 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Econometrics & Quantitative Economics at Wheaton College Illinois

#6

Lake Forest College

Lake Forest, Illinois
#5 in overall quality

Lake Forest College came in at #6 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. Located in Lake Forest, Illinois, this small private not-for-profit school awarded 21 diplomas to qualified bachelors’s econometrics and quantitative economics students in 2019-2020.

Lake Forest not only placed well in this ranking. It is also #5 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. It costs about $19,152 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $30-$48k per year to attend Lake Forest College.

The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Full Lake Forest 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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