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2022 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics (Income $48-$75k) 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 $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 for a Master’s in Illinois For Those Making $48-$75k” ranking - to help you make that decision.

Econometrics & Quantitative Economics is the 66th most popular major in the country with 15,671 degrees awarded in 2019-2020.

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 $48-$75k” ranking looked at 7 colleges that offer degrees in a bachelor’s in econometrics and quantitative economics. The schools that top this list are recognized because they have great econometrics and quantitative economics programs and 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. See our ranking methodology to learn more.

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 Master’s in Illinois For Those Making $48-$75k” 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $48-$75k

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 $48-$75k.

Top 7 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics (Income $48-$75k) 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 Master’s in Illinois For Those Making $48-$75k list. Northwestern 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.

In addition to being on our illinois master’s degree econometrics and quantitative economics students whose families make $48-$75k list, Northwestern has also earned the #2 rank in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read full report on Econometrics & Quantitative Economics at Northwestern

#2

University of Chicago

Chicago, Illinois
#1 in overall quality

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 for a Master’s in Illinois For Those Making $48-$75k list. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 59 masters’s 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 Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

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 Master’s in Illinois For Those Making $48-$75k. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s econometrics and quantitative economics degrees to 76 students in 2019-2020.

UIUC not only placed well in this ranking. It is also #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 UIUC Econometrics & Quantitative Economics Report

#4 in overall quality

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 for a Master’s in Illinois For Those Making $48-$75k. Located in Chicago, Illinois, this large public school awarded 11 degrees to qualified masters’s econometrics and quantitative economics students in 2019-2020.

UIC also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list, coming in at #4. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read full report on 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 $48-$75k list. Illinois State is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 14 masters’s econometrics and quantitative economics degrees to qualified students.

Illinois State also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list, coming in at #6. Average graduate tuition and fees at Illinois State are $11,069, but some majors have different tuition rates.

Full Illinois State University Econometrics & Quantitative Economics Report

#6

Western Illinois University

Macomb, Illinois

Western Illinois University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #6. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2019-2020.

WIU did well in our major quality rankings, too. It placed #0 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Western Illinois University are $11,996, but you may pay more or less depending on your major.

Full Western Illinois University Econometrics & Quantitative Economics Report

#7

DePaul University

Chicago, Illinois
#5 in overall quality

With a ranking of #7, DePaul University did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois For Those Making $48-$75k list. This large school is located in Chicago, Illinois, and it awarded 29 masters’s econometrics and quantitative economics degrees in 2019-2020.

DePaul not only placed well in this ranking. It is also #5 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 DePaul University are $19,760.

Read full report on Econometrics & Quantitative Economics at DePaul

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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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