2022 Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in Illinois
It’s not easy to decide which college to attend when there so many options available for students. 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 Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Finance is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2019-2020, 52,394 degrees were awarded to students with this major.
Across Illinois, there were 1,966 finance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 1,809 finance graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking analyzed 27 colleges that offered a degree in finance. Not only do the schools that top this list have excellent finance programs, but they also cost less that 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 finance program at the school. For more information, check out our ranking methodology.
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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 Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois bachelor’s degree finance students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in Illinois
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. This large school is located in Champaign, Illinois, and it awarded 256 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #1 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $5,477 for illinois bachelor’s degree finance students whose families make $0-$30k per year to attend UIUC.
The student loan default rate at the school is 2.4%, 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 94%.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #2 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 253 bachelors’s finance degrees to qualified students.
UIC also took the #7 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $10,648 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k per year to attend University of Illinois at Chicago.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #3 for the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 90 students in 2019-2020.
NIU did well in our major quality rankings, too. It placed #11 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Northern Illinois University is $15,281 for illinois bachelor’s degree finance students whose families make $0-$30k.
You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #4 for the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 245 students in 2019-2020.
Illinois State not only placed well in this ranking. It is also #4 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois State is $14,470 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
The low student loan default rate of 4.4% 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%.
You’ll join some of the best and brightest minds around if you attend Saint Xavier University. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Saint Xavier University is a small private not-for-profit school situated in Chicago, Illinois. It awarded 40 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at SXU, the school also landed the #21 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for SXU is $11,266 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
With a ranking of #6, Eastern Illinois University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. EIU is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 26 bachelors’s finance degrees to qualified students.
In addition to being on our illinois bachelor’s degree finance students whose families make $0-$30k list, EIU has also earned the #18 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for EIU is $12,350 for illinois bachelor’s degree finance students whose families make $0-$30k.
Southern Illinois University Carbondale did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #7. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 40 bachelors’s finance degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students whose families make $0-$30k list, SIUC has also earned the #19 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $13,658 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Southern Illinois University Carbondale.
Augustana College came in at #8 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Rock Island, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 55 students in 2019-2020.
Augustana also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #3. The estimated yearly cost for Augustana is $20,355 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
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%.
Lewis University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #9. Romeoville, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 26 students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students whose families make $0-$30k list, Lewis has also earned the #13 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Lewis University is $12,821 for illinois bachelor’s degree finance 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%.
Illinois College landed the #10 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Illinois College is a small school located in Jacksonville, Illinois that handed out 17 bachelors’s finance degrees in 2019-2020.
Illinois College not only placed well in this ranking. It is also #20 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Illinois College is $11,376 for illinois bachelor’s degree finance students whose families make $0-$30k.
Aurora University came in at #11 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. This medium-sized school is located in Aurora, Illinois, and it awarded 33 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Aurora, the school also landed the #14 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Aurora University is $14,103 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Elmhurst University came in at #12 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Elmhurst, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 46 students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students whose families make $0-$30k list, Elmhurst has also earned the #9 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Elmhurst is $16,903 for illinois bachelor’s degree finance students whose families make $0-$30k.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
University of St Francis landed the #13 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Joliet, Illinois, this small private not-for-profit school awarded 13 degrees to qualified bachelors’s finance students in 2019-2020.
University of Saint Francis also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #15. It costs about $15,847 for illinois bachelor’s degree finance students whose families make $0-$30k per year to attend University of Saint Francis.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.
Western Illinois University landed the #14 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 17 bachelors’s finance degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #23 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. It costs about $13,942 for illinois bachelor’s degree finance students whose families make $0-$30k per year to attend Western Illinois University.
Illinois Wesleyan University landed the #15 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Illinois Wesleyan is a small private not-for-profit school situated in Bloomington, Illinois. It awarded 19 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Illinois Wesleyan, the school also landed the #2 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Illinois Wesleyan is $18,570 for illinois bachelor’s degree finance students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Lake Forest College ranked #16 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Lake Forest, Illinois, this small private not-for-profit school handed out 29 diplomas to qualified bachelors’s finance students in 2019-2020.
Lake Forest also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #10. The estimated yearly cost for Lake Forest College is $18,192 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
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%.
Bradley University came in at #17 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. This medium-sized school is located in Peoria, Illinois, and it awarded 19 bachelors’s finance degrees in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #8 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Bradley University is $17,205 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
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.
With a ranking of #18, Quincy University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Quincy, Illinois, this small private not-for-profit school awarded 17 degrees to qualified bachelors’s finance students in 2019-2020.
Quincy U also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #24. The estimated yearly cost for Quincy University is $15,292 for illinois bachelor’s degree finance students whose families make $0-$30k.
Northeastern Illinois University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #19. This medium-sized school is located in Chicago, Illinois, and it awarded 58 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for Northeastern Illinois University is $14,816 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
Dominican University landed the #20 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. River Forest, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 11 students in 2019-2020.
Dominican U not only placed well in this ranking. It is also #17 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Dominican University is $17,060 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
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.
Millikin University came in at #21 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Millikin University is a private not-for-profit institution located in Decatur, Illinois. The school has a small population, and it awarded 2 bachelors’s degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students whose families make $0-$30k list, Millikin has also earned the #22 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Millikin University is $17,656 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k.
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.
Trinity Christian College came in at #22 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Trinity Christian College is located in Palos Heights, Illinois and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s finance degrees to qualified students.
Trinity Christian not only placed well in this ranking. It is also #16 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. It costs about $16,611 for illinois bachelor’s degree finance students whose families make $0-$30k per year to attend Trinity Christian.
The low student loan default rate of 5.0% 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 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.
North Central College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #23. This small school is located in Naperville, Illinois, and it awarded 39 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at North Central, the school also landed the #12 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for North Central is $18,889 for illinois bachelor’s degree finance students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.
Benedictine University came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Lisle, Illinois, this small private not-for-profit school awarded 19 diplomas to qualified bachelors’s finance students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students whose families make $0-$30k list, Benedictine U has also earned the #25 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,862 for Illinois Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Benedictine University.
Roosevelt University landed the #25 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Chicago, Illinois, this small private not-for-profit school awarded 25 diplomas to qualified bachelors’s finance students in 2019-2020.
The estimated yearly cost for Roosevelt University is $20,398 for illinois bachelor’s degree finance students whose families make $0-$30k.
- Best Value Bachelor’s Degree Colleges for Finance (Income $0-$30k) in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Finance (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.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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