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2022 Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k

6 Ranked Colleges
95 Degrees Awarded
$36,500 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k

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 Economics Schools for a Doctorate in Illinois For Those Making $75-$110k” ranking.

In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.

Across Illinois, there were 2,106 economics graduates with average earnings and debt of $49,350 and $22,044 respectively. At the doctor’s degree level specifically, there were 95 economics graduates with average earnings and debt of $75,900 and $148,219 respectively.

This year’s “Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k” ranking looked at 6 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the 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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The 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 Economics Schools for a Doctorate in Illinois For Those Making $75-$110k”.

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 Economics Schools for a Doctorate in Illinois For Those Making $75-$110k

The following schools top our list of the Best Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k.

Top 6 Best Value Doctor’s Degree Colleges for Economics (Income $75-$110k) in Illinois

#1

Northwestern University

Evanston, Illinois
#1 in overall quality
$56,567 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 20 doctorate’s 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 Economics Doctor’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read more about Economics at Northwestern University

#2

University of Chicago

Chicago, Illinois
#2 in overall quality
$61,548 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k list. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 37 doctorate’s economics degrees in 2019-2020.

In addition to being on our illinois doctor’s degree economics students whose families make $75-$110k list, UChicago has also earned the #2 rank in our “Best Economics Doctor’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UChicago are $61,548, but some majors have different tuition rates.

Read more about Economics at UChicago

#3

University of Illinois at Urbana-Champaign

Champaign, Illinois
#3 in overall quality
$30,083 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k list. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 15 doctorate’s economics degrees in 2019-2020.

UIUC also made our “Best Economics Doctor’s Degree Schools in Illinois” list, coming in at #3. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIUC are $30,083.

Read more about Economics at University of Illinois at Urbana-Champaign

#4

University of Illinois at Chicago

Chicago, Illinois
#4 in overall quality
$27,036 Avg Grad Tuition & Fees

Out of the 6 schools in the Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k 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 located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 15 doctorate’s economics degrees to qualified students.

UIC also took the #4 spot in our “Best Economics Doctor’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 UIC are $27,036.

Read full report on Economics at UIC

#5

Northern Illinois University

Dekalb, Illinois
#6 in overall quality
$11,086 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out doctorate’s economics degrees to 2 students in 2019-2020.

In addition to being on our illinois doctor’s degree economics students whose families make $75-$110k list, NIU has also earned the #6 rank in our “Best Economics Doctor’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Read full report on Economics at Northern Illinois University

#6

Southern Illinois University Carbondale

Carbondale, Illinois
#5 in overall quality
$32,928 Avg Grad Tuition & Fees

Southern Illinois University Carbondale ranked #6 on this year’s Best Value Economics Schools for a Doctorate in Illinois For Those Making $75-$110k list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out doctorate’s economics degrees to 6 students in 2019-2020.

SIUC also made our “Best Economics Doctor’s Degree Schools in Illinois” list, coming in at #5. Average graduate tuition and fees at SIUC are $32,928, but some majors have different tuition rates.

Read more about Economics at SIUC

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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