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Northern Illinois University Bachelor’s in Economics

24 Bachelor's Degrees Awarded
$44,170 Average Salary
$26,107 Average Student Debt

The 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 Northern Illinois University. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, ethnicity of students, related majors and concentrations, and more.

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Rankings for the NIU Bachelor’s in Economics

#462 in the U.S
#19 in Illinois

Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. The bachelor's program at NIU was ranked #462 on College Factual's Best Schools for economics list. It is also ranked #19 in Illinois.

Here are some of the other rankings for NIU.

Ranking Type Rank
Best Value Doctor’s Degree Colleges for Economics 3
Best Value Master’s Degree Colleges for Economics 17
Best Value Bachelor’s Degree Colleges for Economics 42
Best Value Colleges for Economics 45
Best Value Doctor’s Degree Colleges for Economics (Income Over $110k) 51
Best Value Doctor’s Degree Colleges for Economics (Income $75-$110k) 57
Best Value Doctor’s Degree Colleges for Economics (With Aid) 67
Best Value Doctor’s Degree Colleges for Economics (Income $48-$75k) 70
Best Value Doctor’s Degree Colleges for Economics (Income $30-$48k) 81
Highest Paid Doctor’s Degree Economics Graduates 83
Best Value Doctor’s Degree Colleges for Economics (Income $0-$30k) 86
Best Value Master’s Degree Colleges for Economics (Income $75-$110k) 88
Best Value Master’s Degree Colleges for Economics (Income Over $110k) 90
Most Focused Doctor’s Degree Colleges for Economics 104
Best Value Master’s Degree Colleges for Economics (Income $48-$75k) 104
Most Popular Doctor’s Degree Colleges for Economics 109
Best Value Master’s Degree Colleges for Economics (With Aid) 110
Best Economics Doctor’s Degree Colleges for Veterans 114
Best Economics Doctor’s Degree Schools 115
Best Value Master’s Degree Colleges for Economics (Income $30-$48k) 123
Best Value Master’s Degree Colleges for Economics (Income $0-$30k) 126
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) 150
Highest Paid Master’s Degree Economics Graduates 152
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) 154
Most Popular Master’s Degree Colleges for Economics 167
Best Value Colleges for Economics (Income Over $110k) 167
Best Value Colleges for Economics (Income $75-$110k) 169
Most Focused Master’s Degree Colleges for Economics 169
Best Value Bachelor’s Degree Colleges for Economics (With Aid) 175
Best Economics Master’s Degree Schools 180
Best Economics Master’s Degree Colleges for Veterans 181
Best Value Colleges for Economics (With Aid) 190
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k) 198
Best Value Colleges for Economics (Income $48-$75k) 215
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) 227
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) 238
Best Value Colleges for Economics (Income $30-$48k) 239
Best Value Colleges for Economics (Income $0-$30k) 255
Most Popular Bachelor’s Degree Colleges for Economics 288
Most Popular Colleges for Economics 298
Highest Paid Bachelor’s Degree Economics Graduates 341
Highest Paid Economics Graduates 361
Best Economics Bachelor’s Degree Colleges for Veterans 395
Best Economics Colleges for Veterans 404
Best Economics Bachelor’s Degree Schools 430
Best Economics Schools 462
Most Focused Bachelor’s Degree Colleges for Economics 520
Most Focused Colleges for Economics 547

How Much Does a Bachelor’s in Economics from NIU Cost?

$14,392 Average Tuition and Fees (In-State)
$26,107 Average Student Debt

NIU Undergraduate Tuition and Fees

Part-time undergraduates at NIU paid an average of $348 per credit hour in 2019-2020. This tuition was the same for both in-state and out-of-state students. Information about average full-time undergraduate tuition and fees is shown in the table below.

In State Out of State
Tuition $9,466 $9,466
Fees $4,926 $4,926
Books and Supplies $1,300 $1,300
On Campus Room and Board $10,880 $10,880
On Campus Other Expenses $2,870 $2,870

Learn more about NIU tuition and fees.

NIU Economics Bachelor’s Student Debt

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 NIU took out an average of $26,107 in student loans. That is 23% higher than the national average of $21,243.

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How Much Can You Make With a Bachelor’s in Economics From NIU?

$44,170 Average Salary
Below Average Earnings Boost

The median early career salary of economics students who receive their bachelor’s degree from NIU is $44,170 per year. That is 6% lower than the national average of $46,790.

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Does NIU Offer an Online Bachelor’s in Economics?

NIU does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the NIU Online Learning page.

NIU Bachelor’s Student Diversity for Economics

24 Bachelor's Degrees Awarded
29.2% Women
41.7% Racial-Ethnic Minorities*
There were 24 bachelor’s degrees in economics awarded during the 2019-2020 academic year. Information about those students is shown below.

Male-to-Female Ratio

Women made up around 29.2% of the economics students who took home a bachelor’s degree in 2019-2020. This is less than the nationwide number of 33.7%.

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Racial-Ethnic Diversity

Racial-ethnic minority graduates* made up 41.7% of the economics bachelor’s degrees at NIU in 2019-2020. This is higher than the nationwide number of 30%.

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Race/Ethnicity Number of Students
Asian 0
Black or African American 3
Hispanic or Latino 6
Native American or Alaska Native 0
Native Hawaiian or Pacific Islander 0
White 13
International Students 1
Other Races/Ethnicities 1

Bachelor’s in Economics Focus Areas at NIU

Economics students may decide to major in one of the following focus areas.

Focus Area Annual Graduates
General Economics 24

You may also be interested in one of these majors related to economics.

Related Major Annual Graduates
Anthropology 10
Geography & Cartography 13
Political Science & Government 87
Sociology 72

View All Economics Related Majors >

References

*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.

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