2022 Best Value General Economics Schools in Illinois For Those Getting Aid
When pursuing a degree in today’s world, students have many different options to choose from. 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 in Illinois For Those Getting Aid” 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.
This year’s “Best Value General Economics Schools in Illinois For Those Getting Aid” 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.
Some of the factors we look at when determining these rankings are overall quality of the general economics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Economics Schools in Illinois For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value General Economics Schools in Illinois For Those Getting Aid
The colleges and universities below are the best for illinois general economics students with aid.
Top 23 Best Value Colleges for General Economics in Illinois (With Aid)
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value General Economics Schools in Illinois For Those Getting Aid list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 436 ’s degrees in 2019-2020.
In addition to being on our illinois general economics students with aid list, UIUC has also earned the #2 rank in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for UIUC is $15,880 for Illinois General Economics students with aid.
The low student loan default rate of 2.4% 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%. With a freshman retention rate of 94%, 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 Chicago. The school came in at #2 for the Best Value General Economics Schools in Illinois For Those Getting Aid. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 111 ’s general economics degrees in 2019-2020.
UIC also made our “Best General Economics Schools in Illinois” list, coming in at #4. The yearly cost to attend University of Illinois at Chicago is $13,312 for illinois general economics students with aid.
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%.
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 Getting Aid. University of Illinois at Springfield is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 4 ’s general economics degrees to qualified students.
As a testament to the quality of education offered at UIS, the school also landed the #9 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend UIS is $12,477 for illinois general economics students with aid.
Read full report on General Economics at University of Illinois at Springfield
You’ll be in good company if you decide to attend Northwestern University. It ranked #4 on our 2022 Best Value General Economics Schools in Illinois For Those Getting Aid list. This large school is located in Evanston, Illinois, and it awarded 7 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for Northwestern is $24,664 for Illinois General Economics students with aid.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%.
Out of the 23 schools in the Best Value General Economics Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Eastern Illinois University landed the #5 spot on the list. Eastern Illinois University is a public institution located in Charleston, Illinois. The school has a medium-sized population, and it awarded 14 ’s degrees in 2019-2020.
In addition to being on our illinois general economics students with aid list, EIU has also earned the #17 rank in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend EIU is $14,607 for Illinois General Economics students with aid.
Southern Illinois University Edwardsville did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid ranking, coming in at #6. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s general economics degrees to 9 students 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 $14,423 for Illinois General Economics students with aid.
Northern Illinois University came in at #7 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 30 ’s general economics degrees in 2019-2020.
NIU also took the #14 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Northern Illinois University is $18,259 for Illinois General Economics students with aid.
Read more about 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 in Illinois For Those Getting Aid ranking. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s general economics degrees to 12 students in 2019-2020.
In addition to being on our illinois general economics students with aid list, WIU has also earned the #19 rank in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Western Illinois University is $16,210 for Illinois General Economics students with aid.
Northeastern Illinois University ranked #9 on this year’s Best Value General Economics Schools in Illinois For Those Getting Aid list. Northeastern Illinois University is a medium-sized school located in Chicago, Illinois that handed out 17 ’s general economics degrees in 2019-2020.
Northeastern Illinois University also made our “Best General Economics Schools in Illinois” list, coming in at #21. It costs about $15,843 for Illinois General Economics students with aid per year to attend Northeastern Illinois University.
Read more about General Economics at Northeastern Illinois University
Southern Illinois University Carbondale landed the #10 spot on the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s general economics degrees to 23 students in 2019-2020.
SIUC also made our “Best General Economics Schools in Illinois” list, coming in at #20. The estimated yearly cost for SIUC is $16,945 for Illinois General Economics students with aid.
Full Southern Illinois University Carbondale General Economics Report
Dominican University landed the #11 spot on the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid ranking. This small school is located in River Forest, Illinois, and it awarded 6 ’s general economics degrees in 2019-2020.
As a testament to the quality of education offered at Dominican U, the school also landed the #10 spot in our “Best General Economics Schools in Illinois” ranking. It costs about $19,268 for Illinois General Economics students with aid per year to attend Dominican U.
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.
Illinois College came in at #12 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Jacksonville, 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 College not only placed well in this ranking. It is also #15 on our “Best General Economics Schools in Illinois” list. It costs about $16,562 for illinois general economics students with aid per year to attend Illinois College.
With a ranking of #13, Illinois State University did quite well on the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid list. This large school is located in Normal, Illinois, and it awarded 46 ’s general economics degrees in 2019-2020.
Illinois State not only placed well in this ranking. It is also #7 on our “Best General Economics Schools in Illinois” list. The estimated yearly cost for Illinois State University is $20,895 for Illinois General Economics students with aid.
The low student loan default rate of 4.4% 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%.
Olivet Nazarene University landed the #14 spot on the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid ranking. This small school is located in Bourbonnais, Illinois, and it awarded 33 ’s general economics degrees in 2019-2020.
In addition to being on our illinois general economics students with aid list, Olivet Nazarene has also earned the #12 rank in our “Best General Economics Schools in Illinois” ranking. It costs about $20,195 for Illinois General Economics students with aid per year to attend Olivet Nazarene.
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%.
Elmhurst University came in at #15 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Elmhurst is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 11 ’s general economics degrees in 2019-2020.
In addition to being on our illinois general economics students with aid list, Elmhurst has also earned the #11 rank in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for Elmhurst is $21,485 for illinois general economics students with aid.
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 University
Augustana College landed the #16 spot on the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Located in Rock Island, Illinois, this small private not-for-profit school handed out 8 diplomas to qualified ’s general economics students in 2019-2020.
As a testament to the quality of education offered at Augustana, the school also landed the #5 spot in our “Best General Economics Schools in Illinois” ranking. The yearly cost to attend Augustana is $23,874 for illinois general economics students with aid.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
McKendree University came in at #17 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. McKendree is a private not-for-profit institution located in Lebanon, Illinois. The school has a small population, and it awarded 17 ’s degrees in 2019-2020.
In addition to being on our illinois general economics students with aid list, McKendree has also earned the #18 rank in our “Best General Economics Schools in Illinois” ranking. It costs about $19,844 for illinois general economics students with aid per year to attend McKendree.
North Central College came in at #18 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. North Central is a small school located in Naperville, Illinois that handed out 31 ’s general economics degrees in 2019-2020.
North Central also took the #6 spot in our “Best General Economics Schools in Illinois” ranking. The estimated yearly cost for North Central is $24,786 for Illinois General Economics students with aid.
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%.
Bradley University ranked #19 on this year’s Best Value General Economics Schools in Illinois For Those Getting Aid list. Bradley University is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 5 ’s general economics degrees in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #8 on our “Best General Economics Schools in Illinois” list. It costs about $25,634 for illinois general economics students with aid per year to attend Bradley University.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. 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%.
Illinois Wesleyan University ranked #20 on this year’s Best Value General Economics Schools in Illinois For Those Getting Aid list. Illinois Wesleyan is a small school located in Bloomington, Illinois that handed out 14 ’s general economics degrees in 2019-2020.
Illinois Wesleyan also made our “Best General Economics Schools in Illinois” list, coming in at #3. The yearly cost to attend Illinois Wesleyan is $26,039 for illinois general economics students with aid.
The student loan default rate at the school is 1.4%, 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 87%.
Roosevelt University came in at #21 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Roosevelt University is a small school located in Chicago, Illinois that handed out 6 ’s general economics degrees in 2019-2020.
Roosevelt also made our “Best General Economics Schools in Illinois” list, coming in at #22. The yearly cost to attend Roosevelt is $22,749 for Illinois General Economics students with aid.
Rockford University came in at #22 in this year’s edition of the Best Value General Economics Schools in Illinois For Those Getting Aid ranking. Located in Rockford, Illinois, this small private not-for-profit school awarded 1 degrees to qualified ’s general economics students in 2019-2020.
Rockford also made our “Best General Economics Schools in Illinois” list, coming in at #23. It costs about $22,197 for Illinois General Economics students with aid per year to attend Rockford 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.
DePaul University did quite well in the 2022 Best Value General Economics Schools in Illinois For Those Getting Aid ranking, coming in at #23. DePaul University is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 25 ’s degrees in 2019-2020.
DePaul also made our “Best General Economics Schools in Illinois” list, coming in at #16. The estimated yearly cost for DePaul University is $30,090 for illinois general economics students with aid.
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%.
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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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