2022 Best Value Colleges for Business Economics in Illinois (With Aid)
When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business Economics Schools in Illinois For Those Getting Aid” ranking.
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.
For this year’s “Best Value Business Economics Schools in Illinois For Those Getting Aid” ranking, we looked at 10 colleges that offer 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business economics program at the school. 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 Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to 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 in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Business Economics Schools in Illinois For Those Getting Aid.
Top 10 Best Value Colleges for Business Economics in Illinois (With Aid)
Out of the 10 schools in the Best Value Business Economics Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #1 spot on the list. Located in Edwardsville, Illinois, this fairly large public school awarded 34 degrees to qualified ’s business economics students in 2019-2020.
As a testament to the quality of education offered at SIUE, the school also landed the #7 spot in our “Best Business Economics Schools in Illinois” ranking. It costs about $14,423 for illinois business economics students with aid per year to attend SIUE.
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 for the Best Value Business Economics Schools in Illinois For Those Getting Aid. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s business economics degrees to 45 students in 2019-2020.
Northwestern also made our “Best Business Economics Schools in Illinois” list, coming in at #1. The yearly cost to attend Northwestern University is $24,664 for illinois business economics students with aid.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The low student loan default rate of 0.8% 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%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Out of the 10 schools in the Best Value Business Economics Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Western Illinois University landed the #3 spot on the list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business economics degrees to 4 students in 2019-2020.
As a testament to the quality of education offered at WIU, the school also landed the #10 spot in our “Best Business Economics Schools in Illinois” ranking. The yearly cost to attend Western Illinois University is $16,210 for Illinois Business Economics students with aid.
Read more about Business Economics at Western Illinois University
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #4 for the Best Value Business Economics Schools in Illinois For Those Getting Aid. 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. It costs about $16,945 for Illinois Business Economics students with aid per year to attend Southern Illinois University Carbondale.
Read more about Business Economics at Southern Illinois University Carbondale
You’ll join some of the best and brightest minds around if you attend Lewis University. The school came in at #5 for the Best Value Business Economics Schools in Illinois For Those Getting Aid. Lewis is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 11 ’s business economics 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 $18,664 for Illinois Business Economics students with aid per year to attend Lewis.
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%.
Wheaton College Illinois did quite well in the 2022 Best Value Business Economics Schools in Illinois For Those Getting Aid ranking, coming in at #6. 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.
Wheaton College Illinois also made our “Best Business Economics Schools in Illinois” list, coming in at #2. The yearly cost to attend Wheaton College Illinois is $25,358 for illinois business economics students with aid.
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%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
Bradley University ranked #7 on this year’s Best Value Business Economics Schools in Illinois For Those Getting Aid list. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 6 diplomas to qualified ’s business economics students in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #4 on our “Best Business Economics Schools in Illinois” list. The yearly cost to attend Bradley University is $25,634 for Illinois Business Economics students with aid.
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 University
Benedictine University came in at #8 in this year’s edition of the Best Value Business Economics Schools in Illinois For Those Getting Aid ranking. Located in Lisle, Illinois, this small private not-for-profit school handed out 4 diplomas to qualified ’s business economics students in 2019-2020.
Benedictine U also made our “Best Business Economics Schools in Illinois” list, coming in at #8. The estimated yearly cost for Benedictine University is $25,143 for Illinois Business Economics students with aid.
DePaul University ranked #9 on this year’s Best Value Business Economics Schools in Illinois For Those Getting Aid list. DePaul University is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 33 ’s business economics degrees to qualified students.
DePaul did well in our major quality rankings, too. It placed #5 on our “Best Business Economics Schools in Illinois” list. It costs about $30,090 for Illinois Business Economics students with aid per year to attend DePaul University.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Loyola University Chicago ranked #10 on this year’s Best Value Business Economics Schools in Illinois For Those Getting Aid list. Loyola University 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.
In addition to being on our illinois business economics students with aid list, Loyola Chicago has also earned the #3 rank in our “Best Business Economics Schools in Illinois” ranking. It costs about $35,407 for Illinois Business Economics students with aid per year to attend Loyola 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%.
- Best Value Colleges for Business Economics in the Great Lakes Region (With Aid)
- Best Value Colleges for Business Economics (With Aid)
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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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