2022 Best Value Bachelor’s Degree Colleges for Finance in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Finance Schools for a Bachelor’s in Illinois” ranking as one item you can use to help make this decision.
In 2019-2020, 52,394 finance students received their degree, making the major the 10th most popular in the country.
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.
For this year’s “Best Value Finance Schools for a Bachelor’s in Illinois” ranking, we looked at 27 colleges that offer 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.
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. For more information, check out our ranking methodology.
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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”.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Finance Schools for a Bachelor’s in Illinois
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Illinois.
Top 25 Best Value Bachelor’s Degree Colleges for Finance in Illinois
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. Located in Champaign, Illinois, this large public school handed out 256 diplomas to qualified bachelors’s finance students 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. The yearly cost to attend UIUC is $15,880 for illinois bachelor’s degree finance students.
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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois that were part of this year’s ranking, Illinois State University landed the #2 spot on the list. Illinois State University is a large public school situated in Normal, Illinois. It awarded 245 bachelors’s finance degrees in 2019-2020.
Illinois State did well in our major quality rankings, too. It placed #4 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois State University is $20,895 for Illinois Bachelor’s Degree Finance students.
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%.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois 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 took the #7 spot in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIC is $13,312 for Illinois Bachelor’s Degree Finance students.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national 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 #4 for the Best Value Finance Schools for a Bachelor’s in Illinois. Located in Dekalb, Illinois, this fairly large public school awarded 90 diplomas to qualified bachelors’s finance students in 2019-2020.
NIU also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #11. The estimated yearly cost for Northern Illinois University is $18,259 for illinois bachelor’s degree finance students.
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois that were part of this year’s ranking, Eastern Illinois University landed the #5 spot on the list. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 26 students in 2019-2020.
EIU also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #18. It costs about $14,607 for Illinois Bachelor’s Degree Finance students per year to attend Eastern Illinois University.
Southern Illinois University Carbondale landed the #6 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Southern Illinois University Carbondale is a fairly large public school situated in Carbondale, Illinois. It awarded 40 bachelors’s finance degrees in 2019-2020.
SIUC did well in our major quality rankings, too. It placed #19 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend SIUC is $16,945 for illinois bachelor’s degree finance students.
Western Illinois University came in at #7 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. This medium-sized school is located in Macomb, Illinois, and it awarded 17 bachelors’s finance degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, WIU has also earned the #23 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,210 for Illinois Bachelor’s Degree Finance students per year to attend Western Illinois University.
Northeastern Illinois University ranked #8 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois list. Northeastern Illinois University is a public institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 58 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Northeastern Illinois University is $15,843 for Illinois Bachelor’s Degree Finance students.
Read full report on Finance at Northeastern Illinois University
Aurora University landed the #9 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Aurora University is a medium-sized private not-for-profit school situated in Aurora, Illinois. It awarded 33 bachelors’s finance degrees in 2019-2020.
Aurora not only placed well in this ranking. It is also #14 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Aurora University is $17,215 for Illinois Bachelor’s Degree Finance students.
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%.
Trinity Christian College landed the #10 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Palos Heights, Illinois, this small private not-for-profit school handed out 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 yearly cost to attend Trinity Christian College is $21,904 for illinois bachelor’s degree finance students.
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 5.0%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #11, Bradley University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. Bradley is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 19 bachelors’s finance degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, Bradley has also earned the #8 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $25,634 for Illinois Bachelor’s Degree Finance students per year to attend Bradley University.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Lewis University came in at #12 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. 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.
Lewis not only placed well in this ranking. It is also #13 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. It costs about $18,664 for Illinois Bachelor’s Degree Finance students 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%.
With a ranking of #13, Illinois College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. Located in Jacksonville, Illinois, this small private not-for-profit school awarded 17 diplomas to qualified bachelors’s finance students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, Illinois College has also earned the #20 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois College is $16,562 for illinois bachelor’s degree finance students.
Quincy University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking, coming in at #14. Quincy, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 17 students in 2019-2020.
Quincy U not only placed well in this ranking. It is also #24 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. It costs about $17,497 for Illinois Bachelor’s Degree Finance students per year to attend Quincy U.
Benedictine University came in at #15 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Benedictine University is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 19 bachelors’s finance degrees to qualified students.
Benedictine U not only placed well in this ranking. It is also #25 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Benedictine U is $25,143 for illinois bachelor’s degree finance students.
With a ranking of #16, University of St Francis did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. University of St Francis is located in Joliet, Illinois and, has a small student population. In 2019-2020, this school awarded 13 bachelors’s finance degrees to qualified students.
In addition to being on our illinois bachelor’s degree finance students list, University of Saint Francis has also earned the #15 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of Saint Francis is $17,538 for Illinois Bachelor’s Degree Finance students.
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%.
Dominican University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking, coming in at #17. Dominican U is a small school located in River Forest, Illinois that handed out 11 bachelors’s finance degrees 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 U is $19,268 for Illinois Bachelor’s Degree Finance students.
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.
With a ranking of #18, Elmhurst University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. This small school is located in Elmhurst, Illinois, and it awarded 46 bachelors’s finance degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, Elmhurst has also earned the #9 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Elmhurst is $21,485 for Illinois Bachelor’s Degree Finance students.
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%.
Saint Xavier University landed the #19 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Saint Xavier University is a small school located in Chicago, Illinois that handed out 40 bachelors’s finance degrees in 2019-2020.
SXU not only placed well in this ranking. It is also #21 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Saint Xavier University is $14,528 for illinois bachelor’s degree finance students.
Roosevelt University came in at #20 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Chicago, Illinois, this small private not-for-profit school awarded 25 degrees to qualified bachelors’s finance students in 2019-2020.
It costs about $22,749 for Illinois Bachelor’s Degree Finance students per year to attend Roosevelt.
North Central College ranked #21 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois list. North Central College is a small private not-for-profit school situated in Naperville, Illinois. It awarded 39 bachelors’s finance degrees in 2019-2020.
North Central also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #12. The yearly cost to attend North Central is $24,786 for Illinois Bachelor’s Degree Finance students.
The low student loan default rate of 3.9% 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%.
Augustana College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking, coming in at #22. Located in Rock Island, Illinois, this small private not-for-profit school awarded 55 degrees to qualified bachelors’s finance students in 2019-2020.
Augustana also made our “Best Finance Bachelor’s Degree Schools in Illinois” list, coming in at #3. The yearly cost to attend Augustana is $23,874 for Illinois Bachelor’s Degree Finance 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Millikin University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking, coming in at #23. Decatur, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 2 students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students 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 is $21,331 for Illinois Bachelor’s Degree Finance 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.
DePaul University came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Chicago, Illinois, this large private not-for-profit school awarded 283 degrees to qualified bachelors’s finance students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, DePaul has also earned the #6 rank in our “Best Finance Bachelor’s Degree Schools in Illinois” ranking. It costs about $30,090 for Illinois Bachelor’s Degree Finance students per year to attend DePaul.
The low student loan default rate of 4.5% 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%.
Loyola University Chicago did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking, coming in at #25. This fairly large school is located in Chicago, Illinois, and it awarded 120 bachelors’s finance degrees in 2019-2020.
Loyola Chicago did well in our major quality rankings, too. It placed #5 on our “Best Finance Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Loyola Chicago is $35,407 for Illinois Bachelor’s Degree Finance students.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. 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%.
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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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