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2022 Best Value Colleges for Business Economics (Income $75-$110k) in Illinois

10 Ranked Colleges
271 Degrees Awarded
$24,500 Avg Net Price*
Best Value Business Economics Schools in Illinois For Those Making $75-$110k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Business Economics Schools in Illinois For Those Making $75-$110k” ranking as one item you can use to help make this decision.

In 2019-2020, 6,169 people earned their degree in business economics, making the major the 121st most popular in the United States.

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 $75-$110k” ranking analyzed 10 colleges that offered a degree in business economics. This ranking identifies schools with high-quality business economics programs that also have a lower cost than 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. See our ranking methodology to learn more.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Economics Schools in Illinois For Those Making $75-$110k” list to help you make the college decision.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Business Economics Schools in Illinois For Those Making $75-$110k

The colleges and universities below are the best for illinois business economics students whose families make $75-$110k.

Top 10 Best Value Colleges for Business Economics (Income $75-$110k) in Illinois

#1

Northwestern University

Evanston, 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 $75-$110k. This large school is located in Evanston, Illinois, and it awarded 45 ’s business economics degrees in 2019-2020.

In addition to being on our illinois business economics students whose families make $75-$110k list, Northwestern has also earned the #1 rank in our “Best Business Economics Schools in Illinois” ranking. It costs about $16,784 for illinois business economics students whose families make $75-$110k per year to attend Northwestern.

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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Business Economics at Northwestern University

#2

Wheaton College Illinois

Wheaton, Illinois

You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #2 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $75-$110k list. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 66 ’s business economics degrees to qualified students.

As a testament to the quality of education offered at Wheaton College Illinois, the school also landed the #2 spot in our “Best Business Economics Schools in Illinois” ranking. The yearly cost to attend Wheaton College Illinois is $24,299 for illinois business economics students whose families make $75-$110k.

The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.

Read full report on Business Economics at Wheaton College Illinois

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #3 for the Best Value Business Economics Schools in Illinois For Those Making $75-$110k. Located in Edwardsville, Illinois, this fairly large public school handed out 34 diplomas to qualified ’s business economics students in 2019-2020.

SIUE also made our “Best Business Economics Schools in Illinois” list, coming in at #7. The yearly cost to attend Southern Illinois University Edwardsville is $18,928 for illinois business economics students whose families make $75-$110k.

Read more about Business Economics at SIUE

You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #4 on our 2022 Best Value Business Economics Schools in Illinois For Those Making $75-$110k list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 5 ’s business economics degrees 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 yearly cost to attend Southern Illinois University Carbondale is $20,698 for Illinois Business Economics students whose families make $75-$110k.

Read more about Business Economics at SIUC

#5

Western Illinois University

Macomb, Illinois

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 in Illinois For Those Making $75-$110k list. Located in Macomb, Illinois, this medium-sized public school awarded 4 diplomas to qualified ’s business economics students in 2019-2020.

WIU not only placed well in this ranking. It is also #10 on our “Best Business Economics Schools in Illinois” list. The yearly cost to attend WIU is $20,181 for illinois business economics students whose families make $75-$110k.

Read more about Business Economics at WIU

#6

Lewis University

Romeoville, Illinois

Lewis University came in at #6 in this year’s edition of the Best Value Business Economics Schools in Illinois For Those Making $75-$110k ranking. Lewis University is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 11 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Lewis, the school also landed the #6 spot in our “Best Business Economics Schools in Illinois” ranking. It costs about $21,123 for illinois business economics students whose families make $75-$110k per year to attend Lewis University.

The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Full Lewis Business Economics Report

#7

Bradley University

Peoria, Illinois

Bradley University came in at #7 in this year’s edition of the Best Value Business Economics Schools in Illinois For Those Making $75-$110k ranking. Bradley is a medium-sized school located in Peoria, Illinois that handed out 6 ’s business economics degrees in 2019-2020.

Bradley also made our “Best Business Economics Schools in Illinois” list, coming in at #4. The estimated yearly cost for Bradley University is $28,169 for illinois business economics students whose families make $75-$110k.

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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on Business Economics at Bradley

#8

DePaul University

Chicago, Illinois

With a ranking of #8, DePaul University did quite well on the 2022 Best Value Business Economics Schools in Illinois For Those Making $75-$110k list. This large school is located in Chicago, Illinois, and it awarded 33 ’s business economics degrees in 2019-2020.

In addition to being on our illinois business economics students whose families make $75-$110k list, DePaul has also earned the #5 rank in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for DePaul is $30,877 for Illinois Business Economics students whose families make $75-$110k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Full DePaul University Business Economics Report

#9

Benedictine University

Lisle, Illinois

With a ranking of #9, Benedictine University did quite well on the 2022 Best Value Business Economics Schools in Illinois For Those Making $75-$110k list. Benedictine University is a small private not-for-profit school situated in Lisle, Illinois. It awarded 4 ’s business economics degrees in 2019-2020.

In addition to being on our illinois business economics students whose families make $75-$110k list, Benedictine U has also earned the #8 rank in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for Benedictine U is $27,007 for illinois business economics students whose families make $75-$110k.

Full Benedictine U Business Economics Report

#10

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago came in at #10 in this year’s edition of the Best Value Business Economics Schools in Illinois For Those Making $75-$110k ranking. Loyola Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 63 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Loyola Chicago, the school also landed the #3 spot in our “Best Business Economics Schools in Illinois” ranking. The estimated yearly cost for Loyola University Chicago is $36,700 for illinois business economics students whose families make $75-$110k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.

Read full report on Business Economics at Loyola University Chicago

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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