2022 Best Value Bachelor’s Degree Colleges for Business Economics in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Economics Schools for a Bachelor’s in Illinois” ranking is one tool we have developed to help in this regard.
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” ranking analyzed 9 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.
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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 for a Bachelor’s in Illinois” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons 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 for a Bachelor’s in Illinois
The following schools top our list of the Best Best Value Business Economics Schools for a Bachelor’s in Illinois.
Top 9 Best Value Bachelor’s Degree Colleges for Business Economics in Illinois
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #1 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois list. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business economics degrees to 34 students in 2019-2020.
SIUE not only placed well in this ranking. It is also #6 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Southern Illinois University Edwardsville is $14,423 for illinois bachelor’s degree business economics students.
You’ll be in good company if you decide to attend Western Illinois University. It ranked #2 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois list. Located in Macomb, Illinois, this medium-sized public school awarded 4 diplomas to qualified bachelors’s business economics students in 2019-2020.
WIU also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #9. The yearly cost to attend Western Illinois University is $16,210 for Illinois Bachelor’s Degree Business Economics students.
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #3 for the Best Value Business Economics Schools for a Bachelor’s in Illinois. SIUC is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 5 bachelors’s degrees in 2019-2020.
SIUC did well in our major quality rankings, too. It placed #8 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Southern Illinois University Carbondale is $16,945 for Illinois Bachelor’s Degree Business Economics students.
You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #4 for the Best Value Business Economics Schools for a Bachelor’s in Illinois. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 66 bachelors’s business economics degrees to qualified students.
In addition to being on our illinois bachelor’s degree business economics students 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 $25,358 for illinois bachelor’s degree business economics students.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 90%, 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 0.7%, which is much lower than the national rate of 10.1%.
Read full report on Business Economics at Wheaton College Illinois
You’ll join some of the best and brightest minds around if you attend Bradley University. The school came in at #5 for the Best Value Business Economics Schools for a Bachelor’s in Illinois. 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.
In addition to being on our illinois bachelor’s degree business economics students list, Bradley has also earned the #3 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Bradley University is $25,634 for illinois bachelor’s degree business economics students.
The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national 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.
Lewis University landed the #6 spot on the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois ranking. 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.
Lewis also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #5. The yearly cost to attend Lewis University is $18,664 for Illinois Bachelor’s Degree Business Economics students.
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%.
Benedictine University ranked #7 on this year’s Best Value Business Economics Schools for a Bachelor’s in Illinois list. Benedictine University is a small private not-for-profit school situated in Lisle, Illinois. It awarded 4 bachelors’s business economics degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business economics students list, Benedictine U has also earned the #7 rank in our “Best Business Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $25,143 for illinois bachelor’s degree business economics students per year to attend Benedictine University.
DePaul University did quite well in the 2022 Best Value Business Economics Schools for a Bachelor’s in Illinois ranking, coming in at #8. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s business economics degrees to 33 students in 2019-2020.
DePaul also made our “Best Business Economics Bachelor’s Degree Schools in Illinois” list, coming in at #4. The estimated yearly cost for DePaul University is $30,090 for Illinois Bachelor’s Degree Business Economics students.
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%.
Loyola University Chicago came in at #9 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in Illinois ranking. Loyola Chicago is a fairly large school located in Chicago, Illinois that handed out 63 bachelors’s business economics degrees in 2019-2020.
Loyola Chicago did well in our major quality rankings, too. It placed #2 on our “Best Business Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Loyola Chicago is $35,407 for illinois bachelor’s degree business economics students.
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 Bachelor’s Degree Colleges for Business Economics in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Business Economics
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Best Value Bachelor's Degree Colleges for Business Economics in Illinois
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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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