2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value General Economics Schools in Illinois For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.
Across Illinois, there were 901 general economics graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value General Economics Schools in Illinois For Those Making $30-$48k” ranking, we looked at 23 colleges that offer a degree in general economics. The schools that top this list are recognized because they have great general economics programs and 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 general economics program at the school. See our ranking methodology to learn more.
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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 in Illinois For Those Making $30-$48k” list to help you make the college 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. 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 in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value General Economics Schools in Illinois For Those Making $30-$48k.
Top 23 Best Value Colleges for General Economics (Income $30-$48k) in Illinois
Out of the 23 schools in the Best Value General Economics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 7 students in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for Northwestern is $3,995 for illinois general economics students whose families make $30-$48k.
The low student loan default rate of 0.8% 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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.
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 #2 for the Best Value General Economics Schools in Illinois For Those Making $30-$48k. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s general economics degrees to 436 students in 2019-2020.
In addition to being on our illinois general economics students whose families make $30-$48k list, UIUC has also earned the #2 rank in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for illinois general 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 school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend University of Illinois at Springfield. It ranked #3 on our 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k list. Located in Springfield, Illinois, this small public school handed out 4 degrees to qualified ’s general economics students in 2019-2020.
In addition to being on our illinois general economics students whose families make $30-$48k list, UIS has also earned the #9 rank in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Springfield is $8,323 for Illinois General Economics students whose families make $30-$48k.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k list. Located in Chicago, Illinois, this large public school handed out 111 diplomas to qualified ’s general economics students in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best General Economics Schools in Illinois” list. The yearly cost to attend University of Illinois at Chicago is $11,185 for illinois general economics students whose families make $30-$48k.
The low student loan default rate of 3.4% 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%.
Out of the 23 schools in the Best Value General Economics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #5 spot on the list. Southern Illinois University Edwardsville is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 9 ’s degrees in 2019-2020.
SIUE also took the #13 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Southern Illinois University Edwardsville is $9,938 for Illinois General Economics students whose families make $30-$48k.
Full Southern Illinois University Edwardsville General Economics Report
Eastern Illinois University ranked #6 on this year’s Best Value General Economics Schools in Illinois For Those Making $30-$48k list. Eastern Illinois University is a medium-sized school located in Charleston, Illinois that handed out 14 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at EIU, the school also landed the #17 spot in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for Eastern Illinois University is $11,316 for Illinois General Economics students whose families make $30-$48k.
Read full report on General Economics at Eastern Illinois University
Northern Illinois University landed the #7 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 30 ’s general economics degrees to qualified students.
NIU also took the #14 spot in our “Best General Economics Schools in Illinois” ranking. It costs about $15,861 for Illinois General Economics students whose families make $30-$48k per year to attend NIU.
Illinois State University ranked #8 on this year’s Best Value General Economics Schools in Illinois For Those Making $30-$48k list. This large school is located in Normal, Illinois, and it awarded 46 ’s general economics degrees in 2019-2020.
Illinois State did well in our major quality rankings, too. It placed #7 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for Illinois State is $14,999 for Illinois General Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Illinois College landed the #9 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking. Illinois College is located in Jacksonville, Illinois and, has a small student population. In 2019-2020, this school awarded 14 ’s general economics degrees to qualified students.
As a testament to the quality of education offered at Illinois College, the school also landed the #15 spot in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for Illinois College is $12,454 for illinois general economics students whose families make $30-$48k.
Western Illinois University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #10. WIU is a medium-sized school located in Macomb, Illinois that handed out 12 ’s general economics degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #19 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for WIU is $14,526 for illinois general economics students whose families make $30-$48k.
Read more about General Economics at Western Illinois University
Southern Illinois University Carbondale ranked #11 on this year’s Best Value General Economics Schools in Illinois For Those Making $30-$48k list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 23 ’s general economics degrees in 2019-2020.
SIUC not only placed well in this ranking. It is also #20 on our “Best General Economics Schools in Illinois” list. It costs about $14,306 for Illinois General Economics students whose families make $30-$48k per year to attend SIUC.
Full Southern Illinois University Carbondale General Economics Report
Dominican University came in at #12 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking. River Forest, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 6 students in 2019-2020.
Dominican U also made our “Best General Economics Schools in Illinois” list, coming in at #10. It costs about $17,586 for Illinois General Economics students whose families make $30-$48k per year to attend Dominican U.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Northeastern Illinois University ranked #13 on this year’s Best Value General Economics Schools in Illinois For Those Making $30-$48k list. Located in Chicago, Illinois, this medium-sized public school handed out 17 diplomas to qualified ’s general economics students in 2019-2020.
Northeastern Illinois University also took the #21 spot in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for Northeastern Illinois University is $15,513 for illinois general economics students whose families make $30-$48k.
Read more about General Economics at Northeastern Illinois University
Illinois Wesleyan University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #14. This small school is located in Bloomington, Illinois, and it awarded 14 ’s general economics degrees in 2019-2020.
In addition to being on our illinois general economics students whose families make $30-$48k list, Illinois Wesleyan has also earned the #3 rank in our “Best General Economics Schools in Illinois” ranking. It costs about $19,857 for illinois general economics students whose families make $30-$48k per year to attend Illinois Wesleyan University.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
Read full report on General Economics at Illinois Wesleyan University
With a ranking of #15, Olivet Nazarene University did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k list. Olivet Nazarene University is a small private not-for-profit school situated in Bourbonnais, Illinois. It awarded 33 ’s general economics degrees in 2019-2020.
Olivet Nazarene also made our “Best General Economics Schools in Illinois” list, coming in at #12. The yearly cost to attend Olivet Nazarene is $15,390 for Illinois General Economics students whose families make $30-$48k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Economics at Olivet Nazarene University
Elmhurst University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #16. Elmhurst University is a private not-for-profit institution located in Elmhurst, Illinois. The school has a small population, and it awarded 11 ’s degrees in 2019-2020.
Elmhurst not only placed well in this ranking. It is also #11 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for Elmhurst is $17,837 for Illinois General Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.
Read full report on General Economics at Elmhurst University
With a ranking of #17, Bradley University did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k list. Bradley University is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 5 ’s general economics degrees to qualified students.
As a testament to the quality of education offered at Bradley, the school also landed the #8 spot in our “Best General Economics Schools in Illinois” ranking. It costs about $18,232 for illinois general economics students whose families make $30-$48k per year to attend Bradley University.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Augustana College landed the #18 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking. Augustana College is a small private not-for-profit school situated in Rock Island, Illinois. It awarded 8 ’s general economics degrees in 2019-2020.
Augustana also took the #5 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Augustana College is $16,249 for Illinois General Economics students whose families make $30-$48k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
McKendree University landed the #19 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking. Lebanon, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 17 students in 2019-2020.
In addition to being on our illinois general economics students whose families make $30-$48k list, McKendree has also earned the #18 rank in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for McKendree is $16,659 for illinois general economics students whose families make $30-$48k.
North Central College landed the #20 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking. Naperville, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 31 students in 2019-2020.
As a testament to the quality of education offered at North Central, the school also landed the #6 spot in our “Best General Economics Schools in Illinois” ranking. It costs about $20,128 for Illinois General Economics students whose families make $30-$48k per year to attend North Central College.
The student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Economics at North Central College
Roosevelt University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #21. This small school is located in Chicago, Illinois, and it awarded 6 ’s general economics degrees in 2019-2020.
Roosevelt did well in our major quality rankings, too. It placed #22 on our “Best General Economics Schools in Illinois” list. It costs about $20,330 for illinois general economics students whose families make $30-$48k per year to attend Roosevelt.
Rockford University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #22. Rockford University is located in Rockford, Illinois and, has a small student population. In 2019-2020, this school awarded 1 ’s general economics degrees to qualified students.
Rockford not only placed well in this ranking. It is also #23 on our “Best General Economics Schools in Illinois” list. It costs about $20,380 for Illinois General Economics students whose families make $30-$48k per year to attend Rockford University.
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.
With a ranking of #23, DePaul University did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Making $30-$48k list. This large school is located in Chicago, Illinois, and it awarded 25 ’s general economics degrees in 2019-2020.
DePaul not only placed well in this ranking. It is also #16 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for DePaul University is $25,842 for Illinois General Economics students whose families make $30-$48k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
- Best Value Colleges for General Economics (Income $30-$48k) in the Great Lakes Region
- Best Value Colleges for General Economics (Income $30-$48k)
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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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