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2022 Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k

6 Ranked Colleges
26 Degrees Awarded
$20,900 Avg Grad Tuition & Fees*
Best Value General Economics Schools for a Master's in Illinois For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value General 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, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.

Across Illinois, there were 901 general economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 26 general economics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k” ranking looked at 6 colleges that offer degrees in a bachelor’s in general economics. This ranking identifies schools with high-quality general 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 general economics program at the school. For more information, check out our ranking methodology.

More Ways to Rank General Economics Schools

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 General Economics Schools for a Master’s 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. 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 General Economics Schools for a Master’s in Illinois For Those Making $0-$30k

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

Top 6 Best Value Master’s Degree Colleges for General Economics (Income $0-$30k) in Illinois

#1 in overall quality

Out of the 6 schools in the Best Value General 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 #1 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s general economics degrees to 2 students in 2019-2020.

UIC not only placed well in this ranking. It is also #1 on our “Best General Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Full University of Illinois at Chicago General Economics Report

#2

Eastern Illinois University

Charleston, Illinois
#3 in overall quality

Out of the 6 schools in the Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Eastern Illinois University landed the #2 spot on the list. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 11 masters’s general economics degrees to qualified students.

EIU also made our “Best General Economics Master’s Degree Schools in Illinois” list, coming in at #3. Average graduate tuition and fees at Eastern Illinois University are $20,761, but you may pay more or less depending on your major.

Read more about General Economics at Eastern Illinois University

#3

Northern Illinois University

Dekalb, Illinois
#5 in overall quality

Out of the 6 schools in the Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. NIU is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 4 masters’s degrees in 2019-2020.

In addition to being on our illinois master’s degree general economics students whose families make $0-$30k list, NIU has also earned the #5 rank in our “Best General Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.

Read more about General Economics at Northern Illinois University

#2 in overall quality

Out of the 6 schools in the Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Southern Illinois University Carbondale landed the #4 spot on the list. SIUC is a fairly large school located in Carbondale, Illinois that handed out 4 masters’s general economics degrees in 2019-2020.

SIUC also made our “Best General Economics Master’s Degree Schools in Illinois” list, coming in at #2. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.

Read more about General Economics at Southern Illinois University Carbondale

#5

Western Illinois University

Macomb, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Western Illinois University. The school came in at #5 for the Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k. Located in Macomb, Illinois, this medium-sized public school handed out 4 degrees to qualified masters’s general economics students in 2019-2020.

WIU also made our “Best General Economics Master’s Degree Schools in Illinois” list, coming in at #4. Average graduate tuition and fees at Western Illinois University are $11,996, but you may pay more or less depending on your major.

Read more about General Economics at WIU

#6

Roosevelt University

Chicago, Illinois

Roosevelt University ranked #6 on this year’s Best Value General Economics Schools for a Master’s in Illinois For Those Making $0-$30k list. Roosevelt is a small private not-for-profit school situated in Chicago, Illinois. It awarded 1 masters’s general economics degrees in 2019-2020.

Roosevelt also made our “Best General Economics Master’s Degree Schools in Illinois” list, coming in at #0. Average graduate tuition and fees at Roosevelt University are $21,605, but you may pay more or less depending on your major.

Read full report on General Economics at Roosevelt

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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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