2022 Best Value Colleges for Finance (Income $48-$75k) in Illinois
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 in Illinois For Those Making $48-$75k” 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.
This year’s “Best Value Finance Schools in Illinois For Those Making $48-$75k” ranking analyzed 30 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.
When determining these rankings, we looked at things such as overall quality of the finance program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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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 Finance Schools in Illinois For Those Making $48-$75k” list to help you make the college decision.
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Best Value Finance Schools in Illinois For Those Making $48-$75k
The following schools top our list of the Best Best Value Finance Schools in Illinois For Those Making $48-$75k.
Top 25 Best Value Colleges for Finance (Income $48-$75k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. Northwestern is a large school located in Evanston, Illinois that handed out 68 ’s finance degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Finance Schools in Illinois” list. It costs about $6,452 for Illinois Finance students whose families make $48-$75k per year to attend Northwestern University.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 256 ’s degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Finance Schools in Illinois” ranking. It costs about $13,351 for Illinois Finance students whose families make $48-$75k per year to attend UIUC.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low student loan default rate of 2.4% 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%.
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 256 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #9 spot in our “Best Finance Schools in Illinois” ranking. It costs about $13,683 for Illinois Finance students whose families make $48-$75k per year to attend UIC.
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%.
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Northern Illinois University landed the #4 spot on the list. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 90 ’s finance degrees in 2019-2020.
NIU also made our “Best Finance Schools in Illinois” list, coming in at #13. The estimated yearly cost for Northern Illinois University is $18,346 for Illinois Finance students whose families make $48-$75k.
You’ll be in good company if you decide to attend Eastern Illinois University. It ranked #5 on our 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 26 students in 2019-2020.
EIU not only placed well in this ranking. It is also #20 on our “Best Finance Schools in Illinois” list. The yearly cost to attend Eastern Illinois University is $13,560 for illinois finance students whose families make $48-$75k.
With a ranking of #6, Augustana College did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. This small school is located in Rock Island, Illinois, and it awarded 55 ’s finance degrees in 2019-2020.
Augustana also took the #4 spot in our “Best Finance Schools in Illinois” ranking. The estimated yearly cost for Augustana College is $21,453 for Illinois Finance students whose families make $48-$75k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.
Saint Xavier University landed the #7 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 46 students in 2019-2020.
SXU also took the #23 spot in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend SXU is $14,907 for illinois finance students whose families make $48-$75k.
Southern Illinois University Carbondale did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #8. SIUC is a fairly large school located in Carbondale, Illinois that handed out 40 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students whose families make $48-$75k list, SIUC has also earned the #21 rank in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend SIUC is $14,985 for Illinois Finance students whose families make $48-$75k.
Read full report on Finance at Southern Illinois University Carbondale
Aurora University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #9. This medium-sized school is located in Aurora, Illinois, and it awarded 33 ’s finance degrees in 2019-2020.
Aurora also took the #15 spot in our “Best Finance Schools in Illinois” ranking. The estimated yearly cost for Aurora University is $15,881 for illinois 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%.
Illinois State University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #10. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out ’s finance degrees to 245 students in 2019-2020.
Illinois State also took the #5 spot in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $19,080 for illinois finance students whose families make $48-$75k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
University of St Francis came in at #11 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. University of St Francis is a small school located in Joliet, Illinois that handed out 14 ’s finance degrees in 2019-2020.
University of Saint Francis not only placed well in this ranking. It is also #17 on our “Best Finance Schools in Illinois” list. The estimated yearly cost for University of Saint Francis is $14,220 for illinois finance students whose families make $48-$75k.
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%.
Quincy University ranked #12 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. Quincy University is located in Quincy, Illinois and, has a small student population. In 2019-2020, this school awarded 17 ’s finance degrees to qualified students.
It costs about $16,717 for illinois finance students whose families make $48-$75k per year to attend Quincy University.
Elmhurst University came in at #13 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Elmhurst University is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 46 ’s finance degrees in 2019-2020.
Elmhurst also made our “Best Finance Schools in Illinois” list, coming in at #11. The estimated yearly cost for Elmhurst University is $19,703 for illinois finance students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.
Lewis University landed the #14 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 27 ’s finance degrees to qualified students.
In addition to being on our illinois finance students whose families make $48-$75k list, Lewis has also earned the #16 rank in our “Best Finance Schools in Illinois” ranking. It costs about $16,489 for Illinois Finance students whose families make $48-$75k per year to attend Lewis University.
The low student loan default rate of 3.6% 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%.
Lake Forest College did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #15. This small school is located in Lake Forest, Illinois, and it awarded 29 ’s finance degrees in 2019-2020.
Lake Forest did well in our major quality rankings, too. It placed #12 on our “Best Finance Schools in Illinois” list. The estimated yearly cost for Lake Forest College is $24,683 for illinois 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%.
Western Illinois University landed the #16 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 17 ’s degrees in 2019-2020.
WIU also took the #25 spot in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend Western Illinois University is $15,912 for illinois finance students whose families make $48-$75k.
Illinois College landed the #17 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 17 ’s finance degrees in 2019-2020.
Illinois College did well in our major quality rankings, too. It placed #22 on our “Best Finance Schools in Illinois” list. The yearly cost to attend Illinois College is $14,942 for illinois finance students whose families make $48-$75k.
With a ranking of #18, Illinois Institute of Technology did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 38 students in 2019-2020.
Illinois Tech did well in our major quality rankings, too. It placed #7 on our “Best Finance Schools in Illinois” list. It costs about $22,542 for illinois finance students whose families make $48-$75k per year to attend Illinois Tech.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
Dominican University landed the #19 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Dominican U is a small school located in River Forest, Illinois that handed out 11 ’s finance degrees in 2019-2020.
Dominican U also made our “Best Finance Schools in Illinois” list, coming in at #19. It costs about $18,582 for Illinois Finance students whose families make $48-$75k per year to attend Dominican University.
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.
Northeastern Illinois University came in at #20 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 58 students in 2019-2020.
It costs about $18,180 for illinois finance students whose families make $48-$75k per year to attend Northeastern Illinois University.
Read full report on Finance at Northeastern Illinois University
Millikin University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #21. Millikin is a small private not-for-profit school situated in Decatur, Illinois. It awarded 2 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students whose families make $48-$75k list, Millikin has also earned the #24 rank in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend Millikin is $20,390 for illinois finance students whose families make $48-$75k.
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.
Concordia University, Chicago ranked #22 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. This medium-sized school is located in River Forest, Illinois, and it awarded 16 ’s finance degrees in 2019-2020.
The estimated yearly cost for Concordia University, Chicago is $17,295 for illinois finance students whose families make $48-$75k.
North Central College ranked #23 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. Located in Naperville, Illinois, this small private not-for-profit school handed out 39 degrees to qualified ’s finance students in 2019-2020.
In addition to being on our illinois finance students whose families make $48-$75k list, North Central has also earned the #14 rank in our “Best Finance Schools in Illinois” ranking. The estimated yearly cost for North Central College is $23,353 for illinois finance students whose families make $48-$75k.
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%.
Trinity Christian College did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #24. This small school is located in Palos Heights, Illinois, and it awarded 10 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students whose families make $48-$75k list, Trinity Christian has also earned the #18 rank in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend Trinity Christian College is $20,888 for illinois finance students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 5.0%, 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.
Bradley University came in at #25 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 19 students in 2019-2020.
As a testament to the quality of education offered at Bradley, the school also landed the #10 spot in our “Best Finance Schools in Illinois” ranking. It costs about $22,865 for Illinois Finance students whose families make $48-$75k per year to attend Bradley.
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.
- Best Value Colleges for Finance (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Finance (Income $48-$75k)
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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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