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2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k

23 Ranked Colleges
901 Degrees Awarded
Best Value General Economics Schools in Illinois For Those Making $48-$75k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value General Economics Schools in Illinois For Those Making $48-$75k” 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.

For this year’s “Best Value General Economics Schools in Illinois For Those Making $48-$75k” ranking, we looked at 23 colleges that offer 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.

More Ways to Rank General Economics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Economics Schools in Illinois For Those Making $48-$75k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 General Economics Schools in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value General Economics Schools in Illinois For Those Making $48-$75k.

Top 23 Best Value Colleges for General Economics (Income $48-$75k) in Illinois

#1

Northwestern University

Evanston, 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 in Illinois For Those Making $48-$75k. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 7 ’s general economics degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 on our “Best General Economics Schools in Illinois” list. It costs about $6,452 for illinois general economics students whose families make $48-$75k per year to attend Northwestern.

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. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read full report on General Economics at Northwestern University

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k list. 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.

UIUC also made our “Best General Economics Schools in Illinois” list, coming in at #2. The estimated yearly cost for University of Illinois at Urbana-Champaign is $13,351 for illinois general economics students whose families make $48-$75k.

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%.

Full UIUC General Economics Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Springfield. The school came in at #3 for the Best Value General Economics Schools in Illinois For Those Making $48-$75k. This small school is located in Springfield, Illinois, and it awarded 4 ’s general economics degrees in 2019-2020.

In addition to being on our illinois general economics students whose families make $48-$75k list, UIS has also earned the #9 rank in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend UIS is $11,857 for Illinois General Economics students whose families make $48-$75k.

Full University of Illinois at Springfield General Economics Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value General Economics Schools in Illinois For Those Making $48-$75k. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 111 ’s general economics degrees to qualified students.

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 UIC is $13,683 for Illinois General Economics students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full University of Illinois at Chicago General Economics Report

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 in Illinois For Those Making $48-$75k list. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 9 ’s general economics degrees in 2019-2020.

In addition to being on our illinois general economics students whose families make $48-$75k list, SIUE has also earned the #13 rank in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Southern Illinois University Edwardsville is $13,705 for illinois general economics students whose families make $48-$75k.

Read more about General Economics at Southern Illinois University Edwardsville

#6

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University ranked #6 on this year’s Best Value General Economics Schools in Illinois For Those Making $48-$75k list. This medium-sized school is located in Charleston, Illinois, and it awarded 14 ’s general economics degrees in 2019-2020.

EIU also took the #17 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend EIU is $13,560 for Illinois General Economics students whose families make $48-$75k.

Read full report on General Economics at Eastern Illinois University

#7

Northern Illinois University

Dekalb, Illinois

With a ranking of #7, Northern Illinois University did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k list. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 30 ’s general economics degrees in 2019-2020.

NIU also made our “Best General Economics Schools in Illinois” list, coming in at #14. It costs about $18,346 for Illinois General Economics students whose families make $48-$75k per year to attend Northern Illinois University.

Read full report on General Economics at NIU

Southern Illinois University Carbondale landed the #8 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking. Southern Illinois University Carbondale is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 23 ’s general economics degrees to qualified students.

SIUC also made our “Best General Economics Schools in Illinois” list, coming in at #20. It costs about $14,985 for Illinois General Economics students whose families make $48-$75k per year to attend SIUC.

Read full report on General Economics at Southern Illinois University Carbondale

#9

Augustana College

Rock Island, Illinois

Augustana College did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #9. Augustana College is located in Rock Island, Illinois and, has a small student population. In 2019-2020, this school awarded 8 ’s general economics degrees to qualified students.

Augustana did well in our major quality rankings, too. It placed #5 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for Augustana is $21,453 for Illinois 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.

Read more about General Economics at Augustana

#10

Olivet Nazarene University

Bourbonnais, Illinois

Olivet Nazarene University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #10. Located in Bourbonnais, Illinois, this small private not-for-profit school handed out 33 degrees to qualified ’s general economics students in 2019-2020.

Olivet Nazarene not only placed well in this ranking. It is also #12 on our “Best General Economics Schools in Illinois” list. The yearly cost to attend Olivet Nazarene University is $17,841 for illinois general economics students whose families make $48-$75k.

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%.

Read full report on General Economics at Olivet Nazarene University

#11

Illinois State University

Normal, Illinois

Illinois State University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #11. Illinois State is a large school located in Normal, Illinois that handed out 46 ’s general economics degrees in 2019-2020.

Illinois State also took the #7 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $19,080 for illinois general economics students whose families make $48-$75k.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Economics at Illinois State University

#12

Western Illinois University

Macomb, Illinois

Western Illinois University came in at #12 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking. WIU is located in Macomb, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 12 ’s general economics degrees to qualified students.

WIU also made our “Best General Economics Schools in Illinois” list, coming in at #19. The estimated yearly cost for Western Illinois University is $15,912 for illinois general economics students whose families make $48-$75k.

Full WIU General Economics Report

#13

Elmhurst University

Elmhurst, Illinois

Elmhurst University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #13. Elmhurst, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 11 students in 2019-2020.

Elmhurst also took the #11 spot in our “Best General Economics Schools in Illinois” ranking. It costs about $19,703 for Illinois General Economics students whose families make $48-$75k per year to attend Elmhurst University.

The low student loan default rate of 3.0% 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%.

Read full report on General Economics at Elmhurst

#14

Dominican University

River Forest, Illinois

Dominican University came in at #14 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking. Dominican University is located in River Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 6 ’s general economics degrees to qualified students.

Dominican U did well in our major quality rankings, too. It placed #10 on our “Best General Economics Schools in Illinois” list. It costs about $18,582 for Illinois General Economics students whose families make $48-$75k per year to attend Dominican University.

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.

Full Dominican University General Economics Report

#15

Illinois College

Jacksonville, Illinois

With a ranking of #15, Illinois College did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k list. Illinois College is a private not-for-profit institution located in Jacksonville, Illinois. The school has a small population, and it awarded 14 ’s degrees in 2019-2020.

Illinois College not only placed well in this ranking. It is also #15 on our “Best General Economics Schools in Illinois” list. The yearly cost to attend Illinois College is $14,942 for illinois general economics students whose families make $48-$75k.

Full Illinois College General Economics Report

With a ranking of #16, Northeastern Illinois University did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k list. This medium-sized school is located in Chicago, Illinois, and it awarded 17 ’s general economics degrees in 2019-2020.

Northeastern Illinois University did well in our major quality rankings, too. It placed #21 on our “Best General Economics Schools in Illinois” list. It costs about $18,180 for Illinois General Economics students whose families make $48-$75k per year to attend Northeastern Illinois University.

Read full report on General Economics at Northeastern Illinois University

#17

North Central College

Naperville, Illinois

North Central College did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #17. North Central College is a private not-for-profit institution located in Naperville, Illinois. The school has a small population, and it awarded 31 ’s degrees in 2019-2020.

North Central not only placed well in this ranking. It is also #6 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for North Central is $23,353 for illinois general economics students whose families make $48-$75k.

The low student loan default rate of 3.9% 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%.

Full North Central General Economics Report

#18

McKendree University

Lebanon, Illinois

McKendree University ranked #18 on this year’s Best Value General Economics Schools in Illinois For Those Making $48-$75k list. This small school is located in Lebanon, Illinois, and it awarded 17 ’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at McKendree, the school also landed the #18 spot in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for McKendree is $19,851 for Illinois General Economics students whose families make $48-$75k.

Full McKendree General Economics Report

#19

Bradley University

Peoria, Illinois

Bradley University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #19. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 5 degrees to qualified ’s general economics students in 2019-2020.

Bradley did well in our major quality rankings, too. It placed #8 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for Bradley is $22,865 for illinois general economics students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Full Bradley University General Economics Report

#20

Illinois Wesleyan University

Bloomington, Illinois

Illinois Wesleyan University came in at #20 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking. Bloomington, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 14 students in 2019-2020.

Illinois Wesleyan also made our “Best General Economics Schools in Illinois” list, coming in at #3. The estimated yearly cost for Illinois Wesleyan University is $23,309 for illinois general economics students whose families make $48-$75k.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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%.

Read full report on General Economics at Illinois Wesleyan University

#21

Roosevelt University

Chicago, Illinois

Roosevelt University landed the #21 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking. Roosevelt is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 6 ’s general economics degrees to qualified students.

Roosevelt also made our “Best General Economics Schools in Illinois” list, coming in at #22. The yearly cost to attend Roosevelt University is $21,870 for Illinois General Economics students whose families make $48-$75k.

Read more about General Economics at Roosevelt University

#22

Rockford University

Rockford, Illinois

Rockford University ranked #22 on this year’s Best Value General Economics Schools in Illinois For Those Making $48-$75k list. Rockford, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 1 students in 2019-2020.

Rockford also made our “Best General Economics Schools in Illinois” list, coming in at #23. The yearly cost to attend Rockford is $19,975 for illinois general economics students whose families make $48-$75k.

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.

Read full report on General Economics at Rockford University

#23

DePaul University

Chicago, Illinois

DePaul University landed the #23 spot on the 2022 Best Value General Economics Schools in Illinois For Those Making $48-$75k ranking. DePaul is a large school located in Chicago, Illinois that handed out 25 ’s general economics degrees in 2019-2020.

DePaul also took the #16 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend DePaul is $28,075 for illinois general economics students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Full DePaul General Economics Report

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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