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2022 Best Value Bachelor’s Degree Colleges for Finance (Income $48-$75k) in Illinois

27 Ranked Colleges
1,809 Degrees Awarded
Best Value Finance 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. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking is part of that endeavor.

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 $48-$75k” ranking analyzed 27 colleges that offered a degree in finance. This ranking identifies schools with high-quality finance programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the finance 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.

One Size Does Not Fit All

The finance 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 Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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

The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k.

Top 25 Best Value Bachelor’s Degree Colleges for Finance (Income $48-$75k) in Illinois

#1 in overall quality

Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 256 bachelors’s finance degrees in 2019-2020.

UIUC also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #1. It costs about $13,351 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k per year to attend University of Illinois at Urbana-Champaign.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Full University of Illinois at Urbana-Champaign Finance Report

#7 in overall quality

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 $48-$75k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 253 students in 2019-2020.

UIC also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #7. It costs about $13,683 for illinois bachelor’s degree finance students whose families make $48-$75k per year to attend University of Illinois at Chicago.

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%.

Read more about Finance at UIC

#3

Northern Illinois University

Dekalb, Illinois
#11 in overall quality

Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. This fairly large school is located in Dekalb, Illinois, and it awarded 90 bachelors’s finance degrees in 2019-2020.

NIU also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #11. It costs about $18,346 for illinois bachelor’s degree finance students whose families make $48-$75k per year to attend NIU.

Full Northern Illinois University Finance Report

#4

Eastern Illinois University

Charleston, Illinois
#18 in overall quality

Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Eastern Illinois University landed the #4 spot on the list. Located in Charleston, Illinois, this medium-sized public school awarded 26 degrees to qualified bachelors’s finance students in 2019-2020.

EIU also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #18. The estimated yearly cost for EIU is $13,560 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

Read full report on Finance at Eastern Illinois University

#5

Augustana College

Rock Island, Illinois
#3 in overall quality

Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Augustana College landed the #5 spot on the list. Augustana College is a private not-for-profit institution located in Rock Island, Illinois. The school has a small population, and it awarded 55 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree finance students whose families make $48-$75k list, Augustana has also earned the #3 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Augustana is $21,453 for illinois bachelor’s degree finance students whose families make $48-$75k.

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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.

Read full report on Finance at Augustana College

#6

Saint Xavier University

Chicago, Illinois
#21 in overall quality

With a ranking of #6, Saint Xavier University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. 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. It costs about $14,907 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Saint Xavier University.

Read more about Finance at Saint Xavier University

#19 in overall quality

Southern Illinois University Carbondale came in at #7 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Located in Carbondale, Illinois, this fairly large public school awarded 40 diplomas to qualified bachelors’s finance students in 2019-2020.

SIUC also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #19. It costs about $14,985 for illinois bachelor’s degree finance students whose families make $48-$75k per year to attend Southern Illinois University Carbondale.

Read full report on Finance at SIUC

#8

Aurora University

Aurora, Illinois
#14 in overall quality

Aurora University landed the #8 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. This medium-sized school is located in Aurora, Illinois, and it awarded 33 bachelors’s finance degrees in 2019-2020.

Aurora also took the #14 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Aurora University is $15,881 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

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%.

Full Aurora University Finance Report

#9

Illinois State University

Normal, Illinois
#4 in overall quality

With a ranking of #9, Illinois State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Illinois State is a large school located in Normal, Illinois that handed out 245 bachelors’s finance degrees in 2019-2020.

Illinois State also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #4. The yearly cost to attend Illinois State University is $19,080 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

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%.

Full Illinois State Finance Report

#10

University of St Francis

Joliet, Illinois
#15 in overall quality

With a ranking of #10, University of St Francis did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. University of Saint Francis is a small private not-for-profit school situated in Joliet, Illinois. It awarded 13 bachelors’s finance degrees in 2019-2020.

University of Saint Francis also took the #15 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of Saint Francis is $14,220 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

The low student loan default rate of 3.3% 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%.

Full University of Saint Francis Finance Report

#11

Quincy University

Quincy, Illinois
#24 in overall quality

Quincy University ranked #11 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Quincy U is located in Quincy, Illinois and, has a small student population. In 2019-2020, this school awarded 17 bachelors’s finance degrees to qualified students.

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 $16,717 for illinois bachelor’s degree finance students whose families make $48-$75k.

Read more about Finance at Quincy University

#12

Lewis University

Romeoville, Illinois
#13 in overall quality

Lewis University landed the #12 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Lewis is a medium-sized school located in Romeoville, Illinois that handed out 26 bachelors’s finance degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree finance students whose families make $48-$75k list, Lewis has also earned the #13 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,489 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k 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 Finance Report

#13

Elmhurst University

Elmhurst, Illinois
#9 in overall quality

With a ranking of #13, Elmhurst University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Elmhurst University is a small school located in Elmhurst, Illinois that handed out 46 bachelors’s finance degrees in 2019-2020.

Elmhurst did well in our major quality rankings, too. It placed #9 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Elmhurst University is $19,703 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

The low student loan default rate of 3.0% 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%.

Read full report on Finance at Elmhurst University

#14

Lake Forest College

Lake Forest, Illinois
#10 in overall quality

Lake Forest College landed the #14 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Lake 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 29 students in 2019-2020.

As a testament to the quality of education offered at Lake Forest, the school also landed the #10 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Lake Forest is $24,683 for illinois bachelor’s degree finance students whose families make $48-$75k.

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%.

Read full report on Finance at Lake Forest College

#15

Western Illinois University

Macomb, Illinois
#23 in overall quality

Western Illinois University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #15. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 17 students in 2019-2020.

WIU also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #23. The yearly cost to attend Western Illinois University is $15,912 for illinois bachelor’s degree finance students whose families make $48-$75k.

Read more about Finance at WIU

#16

Illinois College

Jacksonville, Illinois
#20 in overall quality

Illinois College came in at #16 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Illinois College is located in Jacksonville, Illinois and, has a small student population. In 2019-2020, this school awarded 17 bachelors’s finance degrees to qualified students.

In addition to being on our illinois bachelor’s degree finance students whose families make $48-$75k list, Illinois College has also earned the #20 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,942 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Illinois College.

Read full report on Finance at Illinois College

#17

Dominican University

River Forest, Illinois
#17 in overall quality

Dominican University ranked #17 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. This small school is located in River Forest, Illinois, and it awarded 11 bachelors’s finance degrees in 2019-2020.

Dominican U did well in our major quality rankings, too. It placed #17 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Dominican University is $18,582 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

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.

Read full report on Finance at Dominican U

Northeastern Illinois University came in at #18 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Northeastern Illinois University is a medium-sized public school situated in Chicago, Illinois. It awarded 58 bachelors’s finance degrees in 2019-2020.

The estimated yearly cost for Northeastern Illinois University is $18,180 for illinois bachelor’s degree finance students whose families make $48-$75k.

Read full report on Finance at Northeastern Illinois University

#19

Millikin University

Decatur, Illinois
#22 in overall quality

Millikin University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #19. 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.

Millikin not only placed well in this ranking. It is also #22 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Millikin University is $20,390 for illinois bachelor’s degree finance students whose families make $48-$75k.

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.

Read full report on Finance at Millikin

#20

North Central College

Naperville, Illinois
#12 in overall quality

North Central College came in at #20 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. North Central is a private not-for-profit institution located in Naperville, Illinois. The school has a small population, and it awarded 39 bachelors’s degrees in 2019-2020.

North Central also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #12. It costs about $23,353 for illinois bachelor’s degree finance students whose families make $48-$75k per year to attend North Central.

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%.

Full North Central Finance Report

#21

Trinity Christian College

Palos Heights, Illinois
#16 in overall quality

With a ranking of #21, Trinity Christian College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Located in Palos Heights, Illinois, this small private not-for-profit school awarded 10 diplomas to qualified bachelors’s finance students in 2019-2020.

Trinity Christian not only placed well in this ranking. It is also #16 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Trinity Christian is $20,888 for illinois bachelor’s degree finance students whose families make $48-$75k.

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 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%.

Read full report on Finance at Trinity Christian College

#22

Bradley University

Peoria, Illinois
#8 in overall quality

With a ranking of #22, Bradley University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Bradley University is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 19 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree finance students whose families make $48-$75k list, Bradley has also earned the #8 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Bradley University is $22,865 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.

Full Bradley Finance Report

#23

Roosevelt University

Chicago, Illinois

Roosevelt University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #23. This small school is located in Chicago, Illinois, and it awarded 25 bachelors’s finance degrees in 2019-2020.

The yearly cost to attend Roosevelt University is $21,870 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k.

Read more about Finance at Roosevelt

#24

DePaul University

Chicago, Illinois
#6 in overall quality

DePaul University ranked #24 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. This large school is located in Chicago, Illinois, and it awarded 283 bachelors’s finance degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree finance students whose families make $48-$75k list, DePaul has also earned the #6 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $28,075 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k per year to attend DePaul.

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%.

Read more about Finance at DePaul

#25

Illinois Wesleyan University

Bloomington, Illinois
#2 in overall quality

Illinois Wesleyan University came in at #25 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Illinois Wesleyan University is a private not-for-profit institution located in Bloomington, Illinois. The school has a small population, and it awarded 19 bachelors’s degrees in 2019-2020.

Illinois Wesleyan did well in our major quality rankings, too. It placed #2 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. It costs about $23,309 for Illinois Bachelor’s Degree Finance students whose families make $48-$75k per year to attend Illinois Wesleyan University.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Full Illinois Wesleyan Finance Report

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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