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2022 Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k

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 $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k” ranking is part of that endeavor.

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 $30-$48k” ranking analyzed 6 colleges that offered a degree in general economics. Not only do the schools that top this list have excellent general economics programs, but they also cost less that schools of similar quality.

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

One Size Does Not Fit All

The general economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k

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

Top 6 Best Value Master’s Degree Colleges for General Economics (Income $30-$48k) in Illinois

#1 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 #1 for the Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k. 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.

In addition to being on our illinois master’s degree general economics students whose families make $30-$48k list, UIC has also earned the #1 rank in our “Best General Economics Master’s Degree Schools in Illinois” ranking. 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

You’ll join some of the best and brightest minds around if you attend Eastern Illinois University. The school came in at #2 for the Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k. EIU is a medium-sized school located in Charleston, Illinois that handed out 11 masters’s general economics degrees in 2019-2020.

In addition to being on our illinois master’s degree general economics students whose families make $30-$48k list, EIU has also earned the #3 rank in our “Best General Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at EIU are $20,761, but some majors have different tuition rates.

Read full report on 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 $30-$48k that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. Northern Illinois University 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.

NIU also took the #5 spot 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 full report on General Economics at NIU

#2 in overall quality

You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #4 on our 2022 Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k list. Southern Illinois University Carbondale is a fairly large public school situated in Carbondale, Illinois. It awarded 4 masters’s general economics degrees in 2019-2020.

In addition to being on our illinois master’s degree general economics students whose families make $30-$48k list, SIUC has also earned the #2 rank in our “Best General Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.

Full SIUC General Economics Report

#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 $30-$48k. Located in Macomb, Illinois, this medium-sized public school handed out 4 diplomas to qualified masters’s general economics students in 2019-2020.

As a testament to the quality of education offered at WIU, the school also landed the #4 spot in our “Best General Economics Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at WIU are $11,996.

Full Western Illinois University General Economics Report

#6

Roosevelt University

Chicago, Illinois

With a ranking of #6, Roosevelt University did quite well on the 2022 Best Value General Economics Schools for a Master’s in Illinois For Those Making $30-$48k list. This small school is located in Chicago, Illinois, and 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Roosevelt University are $21,605.

Read full report on General Economics at Roosevelt University

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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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