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2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k

9 Ranked Colleges
226 Degrees Awarded
Best Value Business Economics Schools for a Bachelor's in Illinois For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 for a Bachelor’s in Illinois For Those Making $48-$75k” 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. At the bachelor’s degree level specifically, there were 226 business economics graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking analyzed 9 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.

Some of the factors we look at when determining these rankings are overall quality of the business economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Business Economics Schools

The business economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois bachelor’s degree business economics students whose families make $48-$75k.

Top 9 Best Value Bachelor’s Degree Colleges for Business Economics (Income $48-$75k) in Illinois

#1

Wheaton College Illinois

Wheaton, Illinois
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #1 for the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k. Wheaton College Illinois is a small school located in Wheaton, Illinois that handed out 66 bachelors’s business economics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business economics students whose families make $48-$75k list, Wheaton College Illinois has also earned the #1 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Wheaton College Illinois is $19,691 for illinois bachelor’s degree business economics students whose families make $48-$75k.

With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Business Economics at Wheaton College Illinois

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #2 for the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 34 bachelors’s business economics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business economics students whose families make $48-$75k list, SIUE has also earned the #6 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $13,705 for Illinois Bachelor’s Degree Business Economics students whose families make $48-$75k per year to attend Southern Illinois University Edwardsville.

Read full report on Business Economics at SIUE

#8 in overall quality

Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Southern Illinois University Carbondale landed the #3 spot on the list. Located in Carbondale, Illinois, this fairly large public school handed out 5 diplomas to qualified bachelors’s business economics students in 2019-2020.

SIUC also took the #8 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for SIUC is $14,985 for Illinois Bachelor’s Degree Business Economics students whose families make $48-$75k.

Full SIUC Business Economics Report

#4

Lewis University

Romeoville, Illinois
#5 in overall quality

Out of the 9 schools in the Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Lewis University landed the #4 spot on the list. Lewis is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 11 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Lewis, the school also landed the #5 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Lewis University is $16,489 for illinois bachelor’s degree business economics students whose families make $48-$75k.

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%.

Full Lewis University Business Economics Report

#5

Western Illinois University

Macomb, Illinois
#9 in overall quality

You’ll be in good company if you decide to attend Western Illinois University. It ranked #5 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Located in Macomb, Illinois, this medium-sized public school handed out 4 diplomas to qualified bachelors’s business economics students in 2019-2020.

As a testament to the quality of education offered at WIU, the school also landed the #9 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend WIU is $15,912 for illinois bachelor’s degree business economics students whose families make $48-$75k.

Read full report on Business Economics at Western Illinois University

#6

Bradley University

Peoria, Illinois
#3 in overall quality

With a ranking of #6, Bradley University did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Bradley is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 6 bachelors’s business economics degrees to qualified students.

As a testament to the quality of education offered at Bradley, the school also landed the #3 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,865 for Illinois Bachelor’s Degree Business Economics students whose families make $48-$75k per year to attend Bradley University.

The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.

Read more about Business Economics at Bradley

#7

DePaul University

Chicago, Illinois
#4 in overall quality

DePaul University landed the #7 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 33 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business economics students whose families make $48-$75k list, DePaul has also earned the #4 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $28,075 for illinois bachelor’s degree business economics students whose families make $48-$75k per year to attend DePaul University.

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%.

Read full report on Business Economics at DePaul

#8

Loyola University Chicago

Chicago, Illinois
#2 in overall quality

With a ranking of #8, Loyola University Chicago did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. This fairly large school is located in Chicago, Illinois, and it awarded 63 bachelors’s business economics degrees in 2019-2020.

Loyola Chicago also took the #2 spot in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $32,259 for illinois bachelor’s degree business economics students whose families make $48-$75k 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 school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full Loyola Chicago Business Economics Report

#9

Benedictine University

Lisle, Illinois
#7 in overall quality

Benedictine University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #9. Located in Lisle, Illinois, this small private not-for-profit school handed out 4 diplomas to qualified bachelors’s business economics students in 2019-2020.

Benedictine U also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #7. The yearly cost to attend Benedictine U is $24,523 for illinois bachelor’s degree business economics students whose families make $48-$75k.

Read full report on Business Economics at Benedictine University

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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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