2023 Schools for a Master’s Highly Focused on Economics Major in Illinois
12
Ranked Colleges
268
Degrees Awarded
$73,992
Avg Salary
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Schools for a Master’s Highly Focused on Economics Major in Illinois” ranking as one item you can use to help make this decision.
In 2021-2022, 47,809 people earned their degree in economics, making the major the 19th most popular in the United States. In , economics graduates who were awarded their degree in , earned an average of $48,722 and had an average of $21,489 in loans still to pay off.
Across Illinois, there were 2,222 economics graduates with average earnings and debt of $51,939 and $21,344 respectively. At the master’s degree level specifically, there were 268 economics graduates with average earnings and debt of $59,827 and $47,424 respectively.
For this year’s “Schools for a Master’s Highly Focused on Economics Major in Illinois” ranking, we looked at 12 colleges that offer a degree in economics. This a ranking of the schools where the largest percentage of students has enrolled in economics.
Check out our ranking methodology for more information.
More Ways to Rank Economics Schools
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Schools for a Master’s Highly Focused on Economics Major in Illinois” list, to help you choose the best school for you.
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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Schools for a Master’s Highly Focused on Economics Major in Illinois
The colleges and universities below are the best for illinois master’s degree economics students.
Top 12 Most Focused Master’s Degree Colleges for Economics in Illinois
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Schools for a Master’s Highly Focused on Economics Major in Illinois. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 77 students in 2021-2022.
The school has an excellent freshman retention rate of 99%, which means students like the school well enough to return for a second year. Since the school has a undergrad student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.
Read full report on Economics at UChicago
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2021-2022, this school awarded 77 masters’s economics degrees to qualified students.
The low undergrad student loan default rate of 0.6% 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 93%, the school does an excellent job of retaining its undergraduate students.
Read more about Economics at University of Illinois at Urbana-Champaign
You’ll be in good company if you decide to attend Western Illinois University. It ranked #3 on our 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois list. WIU is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 9 masters’s degrees in 2021-2022.
The low undergrad student loan default rate of 3.2% 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 Economics at Western Illinois University
You’ll be in good company if you decide to attend Roosevelt University. It ranked #4 on our 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois list. This small school is located in Chicago, Illinois, and it awarded 5 masters’s economics degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at Roosevelt
Out of the 12 schools in the Schools for a Master’s Highly Focused on Economics Major in Illinois that were part of this year’s ranking, Northwestern University landed the #5 spot on the list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2021-2022, this school awarded 55 masters’s economics degrees to qualified students.
With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 99%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.1% 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 Northwestern Economics Report
Eastern Illinois University landed the #6 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois ranking. Located in Charleston, Illinois, this medium-sized public school awarded 5 degrees to qualified masters’s economics students in 2021-2022.
The undergrad student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at EIU
DePaul University did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois ranking, coming in at #7. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 19 masters’s degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.
Full DePaul Economics Report
Illinois State University did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois ranking, coming in at #8. Located in Normal, Illinois, this large public school awarded 6 diplomas to qualified masters’s economics students in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.
Read more about Economics at Illinois State
Southern Illinois University Carbondale did quite well in the 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois ranking, coming in at #9. Southern Illinois University Carbondale is a fairly large school located in Carbondale, Illinois that handed out 2 masters’s economics degrees in 2021-2022.
The undergrad student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Economics at Southern Illinois University Carbondale
With a ranking of #10, Northern Illinois University did quite well on the 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois list. Northern Illinois University is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 4 masters’s degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Northern Illinois University
University of Illinois at Chicago ranked #11 on this year’s Schools for a Master’s Highly Focused on Economics Major in Illinois list. UIC is located in Chicago, Illinois and, has a large student population. In 2021-2022, this school awarded 9 masters’s economics degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
Read full report on Economics at UIC
Southern Illinois University Edwardsville landed the #12 spot on the 2023 Schools for a Master’s Highly Focused on Economics Major in Illinois ranking. This fairly large school is located in Edwardsville, Illinois, and it awarded 5 masters’s economics degrees in 2021-2022.
The low undergrad student loan default rate of 2.5% 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 Economics at Southern Illinois University Edwardsville
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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
- *Avg Salary and Avg 4-Year Grad Rate 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
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