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2022 Best Value Master’s Degree Colleges for General Economics in Illinois (With Aid)

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 Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. 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 Getting Aid” ranking is part of that endeavor.

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. 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 Getting Aid” ranking analyzed 6 colleges that offered a degree in general economics. This ranking identifies schools with high-quality general economics programs that also have a lower cost than 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 for a Master’s in Illinois For Those Getting Aid” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value General Economics Schools for a Master’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois master’s degree general economics students with aid.

Top 6 Best Value Master’s Degree Colleges for General Economics in Illinois (With Aid)

#1 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #1 on our 2022 Best Value General Economics Schools for a Master’s in Illinois For Those Getting Aid list. This large school is located in Chicago, Illinois, and it awarded 2 masters’s general economics degrees in 2019-2020.

In addition to being on our illinois master’s degree general economics students with aid 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 you may pay more or less depending on your major.

Full University of Illinois at Chicago General Economics Report

#2

Eastern Illinois University

Charleston, Illinois
#3 in overall quality

Out of the 6 schools in the Best Value General Economics Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Eastern Illinois University landed the #2 spot on the list. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 11 masters’s general economics degrees to qualified students.

As a testament to the quality of education offered at EIU, the school also landed the #3 spot 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.

Full Eastern Illinois University General Economics Report

#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 Getting Aid that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. Located in Dekalb, Illinois, this fairly large public school handed out 4 degrees to qualified masters’s general economics students in 2019-2020.

NIU not only placed well in this ranking. It is also #5 on our “Best General Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northern Illinois University are $11,086, but some majors have different tuition rates.

Read full report on General Economics at Northern Illinois University

#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 Getting Aid list. Located in Carbondale, Illinois, this fairly large public school awarded 4 diplomas to qualified masters’s general economics students in 2019-2020.

SIUC also made our “Best General Economics Master’s Degree Schools in Illinois” list, coming in at #2. Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.

Read more about General Economics at Southern Illinois University Carbondale

#5

Western Illinois University

Macomb, Illinois
#4 in overall quality

Out of the 6 schools in the Best Value General Economics Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Western Illinois University landed the #5 spot on the list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out masters’s general economics degrees to 4 students in 2019-2020.

WIU also made our “Best General Economics Master’s Degree Schools in Illinois” list, coming in at #4. Average graduate tuition and fees at WIU are $11,996, but some majors have different tuition rates.

Full Western Illinois University General Economics Report

#6

Roosevelt University

Chicago, Illinois

Roosevelt University came in at #6 in this year’s edition of the Best Value General Economics Schools for a Master’s in Illinois For Those Getting Aid ranking. Roosevelt University is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 1 masters’s general economics degrees to qualified students.

As a testament to the quality of education offered at Roosevelt, the school also landed the #0 spot in our “Best General Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Roosevelt are $21,605, but some majors have different tuition rates.

Read more about General Economics at Roosevelt

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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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