2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k
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 General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking.
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 bachelor’s degree level specifically, there were 857 general economics graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking looked at 23 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.
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. See our ranking methodology to learn more.
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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 Bachelor’s in Illinois For Those Making $48-$75k”.
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Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois bachelor’s degree general economics students whose families make $48-$75k.
Top 23 Best Value Bachelor’s Degree Colleges for General Economics (Income $48-$75k) in Illinois
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 7 bachelors’s general economics degrees to qualified students.
In addition to being on our illinois bachelor’s degree general economics students whose families make $48-$75k list, Northwestern has also earned the #1 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $6,452 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend Northwestern.
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%. 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. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
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 for a Bachelor’s in Illinois For Those Making $48-$75k. UIUC is a large public school situated in Champaign, Illinois. It awarded 436 bachelors’s general economics degrees in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #2 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for UIUC is $13,351 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.
Out of the 23 schools in the Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Springfield landed the #3 spot on the list. Springfield, Illinois is the setting for this small institution of higher learning. The public school handed out bachelors’s general economics degrees to 4 students in 2019-2020.
UIS did well in our major quality rankings, too. It placed #9 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for UIS is $11,857 for illinois bachelor’s degree general economics students whose families make $48-$75k.
Read full report on General Economics at University of Illinois at Springfield
Out of the 23 schools in the Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Chicago landed the #4 spot on the list. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 99 bachelors’s general economics degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for University of Illinois at Chicago is $13,683 for illinois bachelor’s degree general economics students whose families make $48-$75k.
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%.
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #5 on our 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Southern Illinois University Edwardsville is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 9 bachelors’s general economics degrees to qualified students.
SIUE also made our “Best General Economics Bachelor’s Degree Schools in Illinois” list, coming in at #15. The yearly cost to attend Southern Illinois University Edwardsville is $13,705 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
Eastern Illinois University landed the #6 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. EIU is a public institution located in Charleston, Illinois. The school has a medium-sized population, and it awarded 3 bachelors’s degrees in 2019-2020.
EIU not only placed well in this ranking. It is also #17 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for EIU is $13,560 for illinois bachelor’s degree general economics students whose families make $48-$75k.
With a ranking of #7, Northern Illinois University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Located in Dekalb, Illinois, this fairly large public school handed out 24 diplomas to qualified bachelors’s general economics students in 2019-2020.
NIU not only placed well in this ranking. It is also #14 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend NIU is $18,346 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
Read full report on General Economics at Northern Illinois University
Western Illinois University came in at #8 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Western Illinois University is located in Macomb, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 8 bachelors’s general economics degrees to qualified students.
In addition to being on our illinois bachelor’s degree general economics students whose families make $48-$75k list, WIU has also earned the #13 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend WIU is $15,912 for illinois bachelor’s degree general economics students whose families make $48-$75k.
With a ranking of #9, Southern Illinois University Carbondale did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. This fairly large school is located in Carbondale, Illinois, and it awarded 13 bachelors’s general economics degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree general economics students whose families make $48-$75k list, SIUC has also earned the #20 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,985 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend SIUC.
Full Southern Illinois University Carbondale General Economics Report
With a ranking of #10, Augustana College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Augustana College is a small private not-for-profit school situated in Rock Island, Illinois. It awarded 8 bachelors’s general economics degrees in 2019-2020.
Augustana not only placed well in this ranking. It is also #5 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Augustana College is $21,453 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
With a ranking of #11, Olivet Nazarene University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. This small school is located in Bourbonnais, Illinois, and it awarded 33 bachelors’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #12 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Olivet Nazarene is $17,841 for illinois bachelor’s degree general economics students whose families make $48-$75k.
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%.
Illinois State University landed the #12 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Illinois State is a public institution located in Normal, Illinois. The school has a large population, and it awarded 46 bachelors’s degrees in 2019-2020.
Illinois State also made our “Best General Economics Bachelor’s Degree Schools in Illinois” list, coming in at #7. The yearly cost to attend Illinois State is $19,080 for illinois bachelor’s degree general economics students whose families make $48-$75k.
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%.
Read full report on General Economics at Illinois State University
Elmhurst University came in at #13 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Elmhurst, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 11 students in 2019-2020.
Elmhurst also took the #11 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Elmhurst University is $19,703 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
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%.
Dominican University ranked #14 on this year’s Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Dominican University is a small private not-for-profit school situated in River Forest, Illinois. It awarded 6 bachelors’s general economics degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree general economics students whose families make $48-$75k list, Dominican U has also earned the #10 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Dominican U is $18,582 for illinois bachelor’s degree general economics students whose families make $48-$75k.
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.
With a ranking of #15, Illinois College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 14 bachelors’s general economics degrees in 2019-2020.
Illinois College did well in our major quality rankings, too. It placed #16 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois College is $14,942 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
Northeastern Illinois University ranked #16 on this year’s Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s general economics degrees to 17 students in 2019-2020.
Northeastern Illinois University also took the #21 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Northeastern Illinois University is $18,180 for illinois bachelor’s degree general economics students whose families make $48-$75k.
Read full report on General Economics at Northeastern Illinois University
North Central College landed the #17 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Located in Naperville, Illinois, this small private not-for-profit school awarded 31 degrees to qualified bachelors’s general economics 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 Bachelor’s Degree Schools in Illinois” ranking. It costs about $23,353 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k 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%.
McKendree University came in at #18 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Located in Lebanon, Illinois, this small private not-for-profit school handed out 17 degrees to qualified bachelors’s general economics students in 2019-2020.
In addition to being on our illinois bachelor’s degree general economics students whose families make $48-$75k list, McKendree has also earned the #19 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend McKendree is $19,851 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k.
Bradley University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #19. Bradley University is a medium-sized school located in Peoria, Illinois that handed out 5 bachelors’s general economics degrees in 2019-2020.
Bradley also made our “Best General Economics Bachelor’s Degree Schools in Illinois” list, coming in at #8. It costs about $22,865 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend Bradley University.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. 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%.
Illinois Wesleyan University landed the #20 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. This small school is located in Bloomington, Illinois, and it awarded 14 bachelors’s general economics degrees in 2019-2020.
Illinois Wesleyan also took the #3 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $23,309 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k 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 low student loan default rate of 1.4% 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%.
Roosevelt University landed the #21 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Roosevelt University is a small private not-for-profit school situated in Chicago, Illinois. It awarded 5 bachelors’s general economics degrees in 2019-2020.
Roosevelt not only placed well in this ranking. It is also #22 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Roosevelt University is $21,870 for illinois bachelor’s degree general economics students whose families make $48-$75k.
With a ranking of #22, Rockford University did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Rockford is a small school located in Rockford, Illinois that handed out 1 bachelors’s general economics degrees in 2019-2020.
Rockford not only placed well in this ranking. It is also #23 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Rockford is $19,975 for illinois bachelor’s degree general economics students whose families make $48-$75k.
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.
DePaul University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #23. DePaul University is a large school located in Chicago, Illinois that handed out 25 bachelors’s general economics degrees in 2019-2020.
DePaul not only placed well in this ranking. It is also #18 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. It costs about $28,075 for Illinois Bachelor’s Degree General Economics students whose families make $48-$75k per year to attend DePaul University.
The low student loan default rate of 4.5% 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%.
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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.
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