by our College Data Analytics TeamThe main focus area for this major is General Economics. For more details on this concentration, visit its profile page.
Economics is a major offered under the social sciences program of study at Illinois College. We’ve pulled together some essential information you should know about the bachelor’s degree program in economics, including how many students graduate each year, the ethnic diversity of these students, and more.
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Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
If you're the kind of person who enjoys working with numbers and solving tough problems, a graduate degree in economics may be for you.
In order to help students and their parents find the best school for them, we have created several different types of college rankings, which are updated yearly. The bachelor's program at Illinois College was ranked #464 on College Factual's Best Schools for economics list. It is also ranked #20 in Illinois.
Here are some of the other rankings for Illinois College.
During the 2019-2020 academic year, part-time undergraduate students at Illinois College paid an average of $1,060 per credit hour. No discount was available for in-state students. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $34,070 | $34,070 |
| Fees | $550 | $550 |
| On Campus Room and Board | $9,374 | $9,374 |
| On Campus Other Expenses | $1,500 | $1,500 |
Learn more about Illinois College tuition and fees.
One factor in determining the overall cost in a degree is to consider how much in student loans you’ll have to take out. Economics students who received their bachelor’s degree at Illinois College took out an average of $27,000 in student loans. That is 27% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from Illinois College is $36,852 per year. That is 21% lower than the national average of $46,790.
Online degrees for the Illinois College economics bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the Illinois College Online Learning page.
About 21.4% of the students who received their Bachelor’s in economics in 2019-2020 were women. This is less than the nationwide number of 33.7%.
Of those students who received a bachelor’s degree at Illinois College in economics at 2019-2020, none were racial-ethnic minorities*.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 10 |
| International Students | 4 |
| Other Races/Ethnicities | 0 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 14 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 7 |
| Sociology | 6 |
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
More about our data sources and methodologies.
