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2022 Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k

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

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k” ranking - to help you make that decision.

Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. 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.

For this year’s “Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k” ranking, we looked at 6 colleges that offer a degree in economics. Not only do the schools that top this list have excellent economics programs, but they also cost less that 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 economics program at the school. Check out our ranking methodology for more information.

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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 Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $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.

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Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k

The colleges and universities below are the best for illinois doctor’s degree economics students whose families make more than $110k.

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

#1

University of Illinois at Urbana-Champaign

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

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 #1 for the Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k. UIUC is a large school located in Champaign, Illinois that handed out 15 doctorate’s economics degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Economics Doctor’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Full University of Illinois at Urbana-Champaign Economics Report

#2

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 Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Illinois at Chicago landed the #2 spot on the list. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 15 doctorate’s economics degrees in 2019-2020.

UIC also made our “Best Economics Doctor’s Degree Schools in Illinois” list, coming in at #4. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read more about Economics at UIC

#3

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 #3 for the Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $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.

NIU not only placed well in this ranking. It is also #6 on our “Best Economics Doctor’s Degree Schools in Illinois” list. Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.

Full Northern Illinois University Economics Report

#4

Southern Illinois University Carbondale

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

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #4 for the Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k. 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 did well in our major quality rankings, too. It placed #5 on our “Best Economics Doctor’s Degree Schools in Illinois” list. 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 full report on Economics at Southern Illinois University Carbondale

#5

Northwestern University

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

Out of the 6 schools in the Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k that were part of this year’s ranking, Northwestern University landed the #5 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 20 doctorate’s economics degrees in 2019-2020.

Northwestern also made our “Best Economics Doctor’s Degree Schools in Illinois” list, coming in at #1. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $56,567.

Read full report on Economics at Northwestern

#6

University of Chicago

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

University of Chicago did quite well in the 2022 Best Vallue Economics Schools for a Doctorate in Illinois For Those Making Over $110k ranking, coming in at #6. This fairly large school is located in Chicago, Illinois, and 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 more than $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 University of Chicago are $61,548, but you may pay more or less depending on your major.

Read full report on Economics at UChicago

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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