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2022 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics in Illinois (With Aid)

6 Ranked Colleges
887 Degrees Awarded
$23,700 Avg Net Price*
Best Value Econometrics and Quantitative Economics Schools for a Bachelor's in Illinois For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking.

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 Getting Aid” ranking, we looked at 6 colleges that offer 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. 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 Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois bachelor’s degree econometrics and quantitative economics students with aid.

Top 6 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics in Illinois (With Aid)

#3 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 54 bachelors’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 Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $15,880 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students with aid.

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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read more about Econometrics & Quantitative Economics at University of Illinois at Urbana-Champaign

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Located in Evanston, Illinois, this large private not-for-profit school awarded 331 degrees to qualified bachelors’s econometrics and quantitative economics students in 2019-2020.

Northwestern not only placed well in this ranking. It is also #2 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Northwestern is $24,664 for illinois bachelor’s degree econometrics and quantitative economics students with aid.

The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Full Northwestern University Econometrics & Quantitative Economics Report

#3

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 #3 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 423 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree econometrics and quantitative economics students with aid list, UChicago has also earned the #1 rank in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $27,315 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students with aid per year to attend UChicago.

With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 100%, 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 0.6%, which is much lower than the national rate of 10.1%.

Full University of Chicago Econometrics & Quantitative Economics Report

#4

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 #4 for the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 40 bachelors’s econometrics and quantitative economics degrees to qualified students.

Wheaton College Illinois not only placed well in this ranking. It is also #4 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Wheaton College Illinois is $25,358 for illinois bachelor’s degree econometrics and quantitative economics students with aid.

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. 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.

Full Wheaton College Illinois Econometrics & Quantitative Economics Report

#5

Knox College

Galesburg, Illinois
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Knox College. The school came in at #5 for the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid. Galesburg, 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 18 students in 2019-2020.

Knox not only placed well in this ranking. It is also #6 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Knox is $22,292 for illinois bachelor’s degree econometrics and quantitative economics students with aid.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Full Knox College Econometrics & Quantitative Economics Report

#6

Lake Forest College

Lake Forest, Illinois
#5 in overall quality

Lake Forest College did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #6. Lake Forest, 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 21 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. The yearly cost to attend Lake Forest is $26,426 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students with aid.

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%.

Read more about Econometrics & Quantitative Economics at Lake Forest College

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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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