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2024 Best Grad Schools in Illinois for Master's Degrees

38 Colleges
$59,317 Avg Salary

When pursuing a grad degree in today's world, there are many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our Best Master's Degree Colleges in Illinois ranking is one tool we have developed to help in this regard.

Jump to Any of the Following Sections: * Our Methodology

Choosing the Best Grad School for You

After analyzing 38 grad schools in Illinois, we came up with our list of those that offered the best master's degree programs. Instead of depending on subjective information to rank the best grad schools, we focus on objective factors in our analysis. More specifically, the following explains what we consider and why.

Higher Than Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving a master's degree from the school. Recent students who earned a master's degree in Illinois entered the job market making an average of $59,317 while those in the top 25 schools on our list made an average of $60,051.

Starting Salary  ( 46232 to 71257 )
$0
$81,811

Taking Out Student Loans

In addition to average starting salaries, we also consider the average amount of student loans that graduate students take on while pursuing their master's degree. We consider this number in conjunction with average post-graduation earnings to gauge the difficulty master's recipients will have paying back their loans.

More Ranking Factors That Are Important

We also analyze a number of other factors in addition to average post-graduation earnings and average student debt when coming up with our yearly Best Master's Degree Schools ranking. On a broad level, other factors that go into our rankings include such things as the demand of the school, the student body caliber, if the school has online options, and the educational resources provided by the school.

We go into more detail on these factors on our graduate school ranking methodology page.

One Size Does Not Fit All

Rankings by Location Check Out Other Locales
Doctorate Degrees Ranking Other Graduate Rankings
You may also want to narrow this list by location to find the best master's degree schools nearest you. In addition, we've put together a number of other college rankings that may help you in your search.

Thinking about continuing your education further? Check out our Best Doctorate Degree Schools ranking.

Top Master's Degree Schools in Illinois

Learn more about these excellent grad schools below:

1
UChicago crest
University of Chicago
Chicago, Illinois
3,326 Master's Degrees Awarded
$73,139 Average Early-Career Earnings

Our 2024 rankings named University of Chicago the best grad school in Illinois in terms of overall quality for students working on their master’s degree. Located in Chicago, Illinois, the fairly large private not-for-profit school handed out 3,326 master’s degrees in 2020-2021.

Graduates with a master’s degree from UChicago make an average of $73,139 per year during the early years of their career.

Full University of Chicago Report

2
Northwestern crest
Northwestern University
Evanston, Illinois
5,216 Master's Degrees Awarded
$80,937 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 in Illinois on this year’s best master’s degree schools ranking. Located in Evanston, Illinois, the large private not-for-profit school handed out 5,216 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from Northwestern make an average of $80,937 a year.

Learn More About Northwestern University

3
4,812 Master's Degrees Awarded
$64,936 Average Early-Career Earnings

Out of the 38 master’s degree schools in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. UIUC is located in Champaign, Illinois and has a large student population. In 2020-2021, this school awarded 4,812 master’s degrees to qualified graduate students.

During the early years of their career, master’s degree graduates from UIUC make an average of $64,936 a year.

Read full report on University of Illinois at Urbana-Champaign

4
Loyola Chicago crest
Loyola University Chicago
Chicago, Illinois
1,245 Master's Degrees Awarded
$57,705 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Loyola University Chicago. The school came in at #4 in Illinois on this year’s best master’s degree schools ranking. Loyola Chicago is located in Chicago, Illinois and has a fairly large student population. In 2020-2021, this school awarded 1,245 master’s degrees to qualified graduate students.

Graduates with a master’s degree from Loyola Chicago make an average of $57,705 per year during the early years of their career.

Full Loyola University Chicago Report

5
Concordia University, Chicago crest
Concordia University, Chicago
River Forest, Illinois
1,377 Master's Degrees Awarded
$53,140 Average Early-Career Earnings

You’ll be in good company if you decide to attend Concordia University, Chicago. It ranked #5 on our 2024 Best Master’s Degree Schools in Illinois list. Concordia University, Chicago is located in River Forest, Illinois and has a medium-sized student population. In 2020-2021, this school awarded 1,377 master’s degrees to qualified graduate students.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $53,140 during the early years of their career.

Full Concordia University, Chicago Report

6
DePaul crest
DePaul University
Chicago, Illinois
2,751 Master's Degrees Awarded
$60,953 Average Early-Career Earnings

With a ranking of #6, DePaul University did quite well on the 2024 Best Master’s Degree Schools in Illinois list. Located in Chicago, Illinois, the large private not-for-profit school handed out 2,751 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from DePaul make an average of $60,953 a year.

Read full report on DePaul University

7
1,110 Master's Degrees Awarded
$81,811 Average Early-Career Earnings

With a ranking of #7, Illinois Institute of Technology did quite well on the 2024 Best Master’s Degree Schools in Illinois list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out master’s degrees to 1,110 students in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $81,811 during the early years of their career.

Read full report on Illinois Institute of Technology

8
2,193 Master's Degrees Awarded
$63,995 Average Early-Career Earnings

With a ranking of #8, University of Illinois at Chicago did quite well on the 2024 Best Master’s Degree Schools in Illinois list. UIC is located in Chicago, Illinois and has a large student population. In 2020-2021, this school awarded 2,193 master’s degrees to qualified graduate students.

Those who receive a master’s degree from UIC go into careers with an average salary of $63,995 during the early years of their career.

Read full report on University of Illinois at Chicago

9
Wheaton College Illinois crest
Wheaton College Illinois
Wheaton, Illinois
176 Master's Degrees Awarded
$31,797 Average Early-Career Earnings

Wheaton College Illinois ranked #9 on this year’s Best Master’s Degree Schools in Illinois list. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 176 master’s degrees in 2020-2021.

The average salary of a graduate with a master’s degree from Wheaton College Illinois is $31,797 during the early years of their career.

Full Wheaton College Illinois Report

10
Aurora crest
Aurora University
Aurora, Illinois
903 Master's Degrees Awarded
$58,745 Average Early-Career Earnings

With a ranking of #10, Aurora University did quite well on the 2024 Best Master’s Degree Schools in Illinois list. Aurora, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out master’s degrees to 903 students in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $58,745 during the early years of their career.

Full Aurora University Report

11
NLU crest
National Louis University
Chicago, Illinois
1,095 Master's Degrees Awarded
$51,267 Average Early-Career Earnings

National Louis University did quite well in the 2024 Best Master’s Degree Schools in Illinois ranking, coming in at #11. NLU is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 1,095 master’s degrees in 2020-2021.

Those who receive a master’s degree from NLU go into careers with an average salary of $51,267 during the early years of their career.

Read full report on National Louis University

12
Bradley crest
Bradley University
Peoria, Illinois
289 Master's Degrees Awarded
$78,254 Average Early-Career Earnings

Bradley University landed the #12 spot on the 2024 Best Master’s Degree Schools in Illinois ranking. Bradley University is a medium-sized private not-for-profit school located in Peoria, Illinois that handed out 289 master’s degrees in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $78,254 during the early years of their career.

Learn More About Bradley University

13
831 Master's Degrees Awarded
$52,034 Average Early-Career Earnings

With a ranking of #13, Illinois State University did quite well on the 2024 Best Master’s Degree Schools in Illinois list. Illinois State is a large public school situated in Normal, Illinois. It awarded 831 master’s degrees in 2020-2021.

Graduates with a master’s degree from Illinois State make an average of $52,034 per year during the early years of their career.

Read full report on Illinois State University

14
University of Saint Francis crest
University of St Francis
Joliet, Illinois
494 Master's Degrees Awarded
$70,621 Average Early-Career Earnings

University of St Francis ranked #14 on this year’s Best Master’s Degree Schools in Illinois list. University of Saint Francis is located in Joliet, Illinois and has a small student population. In 2020-2021, this school awarded 494 master’s degrees to qualified graduate students.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $70,621 during the early years of their career.

Full University of St Francis Report

15
Benedictine U crest
Benedictine University
Lisle, Illinois
887 Master's Degrees Awarded
$57,286 Average Early-Career Earnings

Benedictine University did quite well in the 2024 Best Master’s Degree Schools in Illinois ranking, coming in at #15. Lisle, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 887 students in 2020-2021.

Those who receive a master’s degree from Benedictine U go into careers with an average salary of $57,286 during the early years of their career.

Full Benedictine University Report

16
Columbia crest
Columbia College Chicago
Chicago, Illinois
74 Master's Degrees Awarded
$34,835 Average Early-Career Earnings

With a ranking of #16, Columbia College Chicago did quite well on the 2024 Best Master’s Degree Schools in Illinois list. Columbia College Chicago is a medium-sized private not-for-profit school located in Chicago, Illinois that handed out 74 master’s degrees in 2020-2021.

The average salary of a graduate with a master’s degree from Columbia is $34,835 during the early years of their career.

Read full report on Columbia College Chicago

17
Olivet Nazarene crest
Olivet Nazarene University
Bourbonnais, Illinois
452 Master's Degrees Awarded
$60,608 Average Early-Career Earnings

Olivet Nazarene University came in at #17 in this year’s edition of the Best Master’s Degree Schools in Illinois ranking. Olivet Nazarene University is a small private not-for-profit school located in Bourbonnais, Illinois that handed out 452 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from Olivet Nazarene make an average of $60,608 a year.

Read full report on Olivet Nazarene University

18
Elmhurst crest
Elmhurst University
Elmhurst, Illinois
246 Master's Degrees Awarded
$70,866 Average Early-Career Earnings

Elmhurst University came in at #18 in this year’s edition of the Best Master’s Degree Schools in Illinois ranking. Elmhurst, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 246 students in 2020-2021.

Graduates with a master’s degree from Elmhurst make an average of $70,866 per year during the early years of their career.

Read full report on Elmhurst University

19
676 Master's Degrees Awarded
$55,054 Average Early-Career Earnings

Southern Illinois University Carbondale came in at #19 in this year’s edition of the Best Master’s Degree Schools in Illinois ranking. This fairly large public school is located in Carbondale, Illinois, and it awarded 676 master’s degrees in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $55,054 during the early years of their career.

Full Southern Illinois University Carbondale Report

20
Lewis crest
Lewis University
Romeoville, Illinois
691 Master's Degrees Awarded
$70,882 Average Early-Career Earnings

Lewis University landed the #20 spot on the 2024 Best Master’s Degree Schools in Illinois ranking. Located in Romeoville, Illinois, the medium-sized private not-for-profit school awarded 691 diplomas to qualifed master’s degree students in 2020-2021.

Those who receive a master’s degree from Lewis go into careers with an average salary of $70,882 during the early years of their career.

Learn More About Lewis University

21
SXU crest
Saint Xavier University
Chicago, Illinois
232 Master's Degrees Awarded
$57,750 Average Early-Career Earnings

Saint Xavier University landed the #21 spot on the 2024 Best Master’s Degree Schools in Illinois ranking. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 232 students in 2020-2021.

Graduates with a master’s degree from SXU make an average of $57,750 per year during the early years of their career.

Read full report on Saint Xavier University

22
North Central crest
North Central College
Naperville, Illinois
123 Master's Degrees Awarded
$59,779 Average Early-Career Earnings

North Central College came in at #22 in this year’s edition of the Best Master’s Degree Schools in Illinois ranking. This small private not-for-profit school is located in Naperville, Illinois, and it awarded 123 master’s degrees in 2020-2021.

The average salary of a graduate with a master’s degree from North Central is $59,779 during the early years of their career.

Learn More About North Central College

23
Dominican U crest
Dominican University
River Forest, Illinois
322 Master's Degrees Awarded
$49,335 Average Early-Career Earnings

Dominican University ranked #23 on this year’s Best Master’s Degree Schools in Illinois list. Dominican U is located in River Forest, Illinois and has a small student population. In 2020-2021, this school awarded 322 master’s degrees to qualified graduate students.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $49,335 during the early years of their career.

Learn More About Dominican University

24
1,182 Master's Degrees Awarded
$58,678 Average Early-Career Earnings

Northern Illinois University ranked #24 on this year’s Best Master’s Degree Schools in Illinois list. Northern Illinois University is a fairly large public school located in Dekalb, Illinois that handed out 1,182 master’s degrees in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $58,678 during the early years of their career.

Learn More About Northern Illinois University

25
Roosevelt crest
Roosevelt University
Chicago, Illinois
665 Master's Degrees Awarded
$46,881 Average Early-Career Earnings

Roosevelt University did quite well in the 2024 Best Master’s Degree Schools in Illinois ranking, coming in at #25. Roosevelt is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 665 master’s degrees in 2020-2021.

Graduates with a master’s degree from Roosevelt make an average of $46,881 per year during the early years of their career.

Full Roosevelt University Report

Best Master's Degree Schools in the Great Lakes Region

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Notes and References

More about our data sources and methodologies.

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