by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how UIUC ranks compared to other colleges offering a major in economics.
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UIUC is in the top 10% of the country for economics. More specifically it was ranked #32 out of 497 schools by College Factual. It is also ranked #3 in Illinois.
During the 2020-2021 academic year, University of Illinois at Urbana-Champaign handed out 443 bachelor's degrees in economics. This is a decrease of 10% over the previous year when 490 degrees were handed out.
In 2021, 98 students received their master’s degree in economics from UIUC. This makes it the #9 most popular school for economics master’s degree candidates in the country.
In addition, 22 students received their doctoral degrees in economics in 2021, making the school the #12 most popular school in the United States for this category of students.
The median salary of economics students who receive their bachelor's degree at UIUC is $50,008. This is higher than $45,868, which is the national median for all economics bachelor's degree recipients.
While getting their bachelor's degree at UIUC, economics students borrow a median amount of $21,228 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $22,987.
The typical student loan payment of a bachelor's degree student from the economics program at UIUC is $488 per month.
Learn about other programs related to Economics that might interest you.
Take a look at the following statistics related to the make-up of the economics majors at University of Illinois at Urbana-Champaign.
In the 2020-2021 academic year, 443 students earned a bachelor's degree in economics from UIUC. About 30% of these graduates were women and the other 70% were men.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois at Urbana-Champaign with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 98 |
| Black or African American | 10 |
| Hispanic or Latino | 34 |
| White | 140 |
| Non-Resident Aliens | 152 |
| Other Races | 9 |
During the 2020-2021 academic year, 98 students graduated with a bachelor's degree in economics from UIUC. About 52% were men and 48% were women.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois at Urbana-Champaign with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 11 |
| Non-Resident Aliens | 84 |
| Other Races | 0 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 257 |
| Sociology | 75 |
| Geography & Cartography | 45 |
| Anthropology | 33 |
More about our data sources and methodologies.
