2022 Best Value Business Economics Schools in Illinois For Those Making $0-$30k
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Economics Schools in Illinois For Those Making $0-$30k” ranking - to help you make that decision.
Business Economics is the 121st most popular major in the country with 6,169 degrees awarded in 2019-2020.
Across Illinois, there were 271 business economics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Business Economics Schools in Illinois For Those Making $0-$30k” ranking analyzed 10 colleges that offered a degree in business economics. Not only do the schools that top this list have excellent business economics programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the business economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Economics Schools in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Business Economics Schools in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Business Economics Schools in Illinois For Those Making $0-$30k.
Top 10 Best Value Colleges for Business Economics (Income $0-$30k) in Illinois
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Business Economics Schools in Illinois For Those Making $0-$30k. Northwestern is a large school located in Evanston, Illinois that handed out 45 ’s business economics degrees in 2019-2020.
Northwestern also made our “Best Business Economics Schools in Illinois” list, coming in at #1. It costs about $1,866 for Illinois Business Economics students whose families make $0-$30k per year to attend Northwestern.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Out of the 10 schools in the Best Value Business Economics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #2 spot on the list. This fairly large school is located in Edwardsville, Illinois, and it awarded 34 ’s business economics degrees in 2019-2020.
SIUE also took the #7 spot in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for SIUE is $8,055 for Illinois Business Economics students whose families make $0-$30k.
Read more about Business Economics at Southern Illinois University Edwardsville
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #3 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $0-$30k list. This small school is located in Wheaton, Illinois, and it awarded 66 ’s business economics degrees in 2019-2020.
Wheaton College Illinois not only placed well in this ranking. It is also #2 on our “Best Business Economics Schools in Illinois” list. The estimated yearly cost for Wheaton College Illinois is $18,440 for illinois business economics students whose families make $0-$30k.
The low student loan default rate of 0.7% 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 90%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Business Economics at Wheaton College Illinois
You’ll be in good company if you decide to attend Lewis University. It ranked #4 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $0-$30k list. Lewis University is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 11 ’s business economics degrees in 2019-2020.
Lewis did well in our major quality rankings, too. It placed #6 on our “Best Business Economics Schools in Illinois” list. The yearly cost to attend Lewis University is $12,821 for illinois business economics students whose families make $0-$30k.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Out of the 10 schools in the Best Value Business Economics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Southern Illinois University Carbondale landed the #5 spot on the list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s business economics degrees to 5 students in 2019-2020.
As a testament to the quality of education offered at SIUC, the school also landed the #9 spot in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Carbondale is $13,658 for illinois business economics students whose families make $0-$30k.
Read full report on Business Economics at Southern Illinois University Carbondale
Western Illinois University came in at #6 in this year’s edition of the Best Value Business Economics Schools in Illinois For Those Making $0-$30k ranking. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 4 ’s degrees in 2019-2020.
In addition to being on our illinois business economics students whose families make $0-$30k list, WIU has also earned the #10 rank in our “Best Business Economics Schools in Illinois” ranking. It costs about $13,942 for Illinois Business Economics students whose families make $0-$30k per year to attend WIU.
Bradley University ranked #7 on this year’s Best Value Business Economics Schools in Illinois For Those Making $0-$30k list. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 6 degrees to qualified ’s business economics students in 2019-2020.
In addition to being on our illinois business economics students whose families make $0-$30k list, Bradley has also earned the #4 rank in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for Bradley University is $17,205 for Illinois Business Economics students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The low 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%.
Benedictine University landed the #8 spot on the 2022 Best Value Business Economics Schools in Illinois For Those Making $0-$30k ranking. Benedictine University is a private not-for-profit institution located in Lisle, Illinois. The school has a small population, and it awarded 4 ’s degrees in 2019-2020.
Benedictine U also made our “Best Business Economics Schools in Illinois” list, coming in at #8. The yearly cost to attend Benedictine U is $22,862 for illinois business economics students whose families make $0-$30k.
Loyola University Chicago landed the #9 spot on the 2022 Best Value Business Economics Schools in Illinois For Those Making $0-$30k ranking. This fairly large school is located in Chicago, Illinois, and it awarded 63 ’s business economics degrees in 2019-2020.
In addition to being on our illinois business economics students whose families make $0-$30k list, Loyola Chicago has also earned the #3 rank in our “Best Business Economics Schools in Illinois” ranking. It costs about $29,440 for illinois business economics students whose families make $0-$30k per year to attend Loyola University Chicago.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.4% 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%.
DePaul University landed the #10 spot on the 2022 Best Value Business Economics Schools in Illinois For Those Making $0-$30k ranking. This large school is located in Chicago, Illinois, and it awarded 33 ’s business economics degrees in 2019-2020.
DePaul also took the #5 spot in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for DePaul is $26,173 for illinois business economics students whose families make $0-$30k.
The low student loan default rate of 4.5% 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%.
- Best Value Colleges for Business Economics (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Business Economics (Income $0-$30k)
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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
Footnotes
- *Average salary, average net price, and average tuition and fees 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.
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