2022 Best Value Colleges for Finance & Financial Management (Income $30-$48k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Finance Schools in Illinois For Those Making $30-$48k” ranking.
In 2019-2020, 57,893 people earned their degree in finance and financial management, making the major the 14th most popular in the United States. In 2017-2018, finance and financial management graduates who were awarded their degree in 2015-2017, earned an average of $51,578 and had an average of $26,517 in loans still to pay off.
Across Illinois, there were 2,123 finance and financial management graduates with average earnings and debt of $48,379 and $24,496 respectively.
This year’s “Best Value Finance Schools in Illinois For Those Making $30-$48k” ranking looked at 30 colleges that offer degrees in a bachelor’s in finance and financial management. Not only do the schools that top this list have excellent finance and financial management 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 and financial management 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.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Finance Schools in Illinois For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Finance Schools in Illinois For Those Making $30-$48k
The colleges and universities below are the best for illinois finance students whose families make $30-$48k.
Top 25 Best Value Colleges for Finance & Financial Management (Income $30-$48k) in Illinois
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large school located in Evanston, Illinois that handed out 68 ’s finance degrees in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend Northwestern is $3,995 for illinois finance students whose families make $30-$48k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at Northwestern
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 $30-$48k list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 256 ’s degrees in 2019-2020.
UIUC also took the #2 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $8,464 for illinois finance students whose families make $30-$48k 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 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%.
Read full report on Finance & Financial Management at University of Illinois at Urbana-Champaign
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. Located in Chicago, Illinois, this large public school awarded 256 diplomas to qualified ’s finance students in 2019-2020.
UIC also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #9. The estimated yearly cost for University of Illinois at Chicago is $11,185 for illinois finance students whose families make $30-$48k.
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%.
Read more about Finance & Financial Management at University of Illinois at Chicago
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 in Illinois For Those Making $30-$48k. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 91 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at NIU, the school also landed the #13 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The estimated yearly cost for NIU is $15,861 for illinois finance students whose families make $30-$48k.
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Eastern Illinois University landed the #5 spot on the list. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 26 ’s finance degrees to qualified students.
As a testament to the quality of education offered at EIU, the school also landed the #20 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The estimated yearly cost for Eastern Illinois University is $11,316 for illinois finance students whose families make $30-$48k.
Read more about Finance & Financial Management at Eastern Illinois University
With a ranking of #6, Illinois State University did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k list. Illinois State University is a public institution located in Normal, Illinois. The school has a large population, and it awarded 245 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Illinois State, the school also landed the #5 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The estimated yearly cost for Illinois State University is $14,999 for Illinois Finance students whose families make $30-$48k.
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%.
Read full report on Finance & Financial Management at Illinois State
Saint Xavier University landed the #7 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. SXU is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 62 ’s finance degrees to qualified students.
SXU not only placed well in this ranking. It is also #23 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend Saint Xavier University is $11,962 for Illinois Finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Saint Xavier University
With a ranking of #8, Southern Illinois University Carbondale did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 40 students in 2019-2020.
In addition to being on our illinois finance students whose families make $30-$48k list, SIUC has also earned the #21 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $14,306 for illinois finance students whose families make $30-$48k per year to attend SIUC.
Full Southern Illinois University Carbondale Finance & Financial Management Report
With a ranking of #9, Aurora University did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k list. This medium-sized school is located in Aurora, Illinois, and it awarded 33 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students whose families make $30-$48k list, Aurora has also earned the #15 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend Aurora University is $13,845 for Illinois Finance students whose families make $30-$48k.
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%.
University of St Francis came in at #10 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. This small school is located in Joliet, Illinois, and it awarded 14 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at University of Saint Francis, the school also landed the #17 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $11,229 for Illinois Finance students whose families make $30-$48k per year to attend University of Saint Francis.
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%.
Read full report on Finance & Financial Management at University of St Francis
Illinois College came in at #11 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. This small school is located in Jacksonville, Illinois, and 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 & Financial Management Schools in Illinois” list. The estimated yearly cost for Illinois College is $12,454 for Illinois Finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Illinois College
Western Illinois University ranked #12 on this year’s Best Value Finance Schools in Illinois For Those Making $30-$48k list. Western Illinois University is a medium-sized public school situated in Macomb, Illinois. It awarded 17 ’s finance degrees in 2019-2020.
WIU also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #25. It costs about $14,526 for illinois finance students whose families make $30-$48k per year to attend Western Illinois University.
With a ranking of #13, Augustana College did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k list. Augustana is a private not-for-profit institution located in Rock Island, Illinois. The school has a small population, and it awarded 55 ’s degrees in 2019-2020.
Augustana did well in our major quality rankings, too. It placed #4 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend Augustana is $16,249 for Illinois Finance students whose families make $30-$48k.
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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
Full Augustana College Finance & Financial Management Report
Elmhurst University landed the #14 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. Located in Elmhurst, Illinois, this small private not-for-profit school handed out 46 diplomas to qualified ’s finance students in 2019-2020.
In addition to being on our illinois finance students whose families make $30-$48k list, Elmhurst has also earned the #11 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. The estimated yearly cost for Elmhurst University is $17,837 for illinois finance students whose families make $30-$48k.
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%.
Read full report on Finance & Financial Management at Elmhurst
Lewis University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k ranking, coming in at #15. Lewis University 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.
Lewis also took the #16 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The estimated yearly cost for Lewis University is $13,377 for illinois finance students whose families make $30-$48k.
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%.
Lake Forest College ranked #16 on this year’s Best Value Finance Schools in Illinois For Those Making $30-$48k list. Lake Forest College is a private not-for-profit institution located in Lake Forest, Illinois. The school has a small population, and it awarded 29 ’s degrees in 2019-2020.
Lake Forest also took the #12 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend Lake Forest College is $19,152 for illinois finance students whose families make $30-$48k.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Finance & Financial Management at Lake Forest
Dominican University came in at #17 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. Dominican U is located in River Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 11 ’s finance degrees to qualified students.
Dominican U also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #19. The yearly cost to attend Dominican University is $17,586 for Illinois Finance students whose families make $30-$48k.
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 & Financial Management at Dominican University
Northeastern Illinois University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k ranking, coming in at #18. Northeastern Illinois University is a medium-sized school located in Chicago, Illinois that handed out 58 ’s finance degrees in 2019-2020.
The yearly cost to attend Northeastern Illinois University is $15,513 for Illinois Finance students whose families make $30-$48k.
Full Northeastern Illinois University Finance & Financial Management Report
Bradley University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k ranking, coming in at #19. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 19 diplomas to qualified ’s finance students in 2019-2020.
Bradley also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #10. The estimated yearly cost for Bradley is $18,232 for illinois finance students whose families make $30-$48k.
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.
Illinois Wesleyan University came in at #20 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. Illinois Wesleyan is a private not-for-profit institution located in Bloomington, Illinois. The school has a small population, and it awarded 19 ’s degrees in 2019-2020.
Illinois Wesleyan also took the #3 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $19,857 for illinois finance students whose families make $30-$48k per year to attend Illinois Wesleyan University.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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 University Finance & Financial Management Report
Quincy University ranked #21 on this year’s Best Value Finance Schools in Illinois For Those Making $30-$48k list. Quincy U is a private not-for-profit institution located in Quincy, Illinois. The school has a small population, and it awarded 17 ’s degrees in 2019-2020.
The yearly cost to attend Quincy University is $17,518 for Illinois Finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Quincy U
Trinity Christian College came in at #22 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. Trinity Christian is a small school located in Palos Heights, Illinois that handed out 10 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students whose families make $30-$48k list, Trinity Christian has also earned the #18 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend Trinity Christian is $19,918 for illinois finance students whose families make $30-$48k.
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. 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%.
Read full report on Finance & Financial Management at Trinity Christian College
Concordia University, Chicago came in at #23 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. Concordia University, Chicago is a private not-for-profit institution located in River Forest, Illinois. The school has a medium-sized population, and it awarded 16 ’s degrees in 2019-2020.
It costs about $15,406 for illinois finance students whose families make $30-$48k per year to attend Concordia University, Chicago.
Read more about Finance & Financial Management at Concordia University, Chicago
Millikin University ranked #24 on this year’s Best Value Finance Schools in Illinois For Those Making $30-$48k list. Millikin University is a small school located in Decatur, Illinois that handed out 2 ’s finance degrees in 2019-2020.
Millikin did well in our major quality rankings, too. It placed #24 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend Millikin is $17,692 for Illinois Finance students whose families make $30-$48k.
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.
Illinois Institute of Technology landed the #25 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $30-$48k ranking. 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 & Financial Management Schools in Illinois” list. The yearly cost to attend Illinois Tech is $18,720 for illinois finance students whose families make $30-$48k.
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 2.9% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
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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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