2022 Best Value Finance Schools in Illinois For Those Making $48-$75k
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Finance Schools in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this decision.
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.
For this year’s “Best Value Finance Schools in Illinois For Those Making $48-$75k” ranking, we looked at 30 colleges that offer a degree in finance and financial management. The schools that top this list are recognized because they have great finance and financial management programs and 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 and financial management program at the school. See our ranking methodology to learn more.
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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 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Finance Schools in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois finance students whose families make $48-$75k.
Top 25 Best Value Colleges for Finance & Financial Management (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 private not-for-profit school situated in Evanston, Illinois. It awarded 68 ’s finance degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend Northwestern University is $6,452 for Illinois Finance students whose families make $48-$75k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Full Northwestern University Finance & Financial Management Report
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. This large school is located in Champaign, Illinois, and it awarded 256 ’s finance degrees in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #2 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend UIUC is $13,351 for illinois finance students whose families make $48-$75k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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%.
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 in Illinois For Those Making $48-$75k list. This large school is located in Chicago, Illinois, and it awarded 256 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students whose families make $48-$75k list, UIC has also earned the #9 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Chicago is $13,683 for Illinois 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%.
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #4 on our 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 91 ’s finance degrees to qualified students.
NIU also took the #13 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $18,346 for Illinois Finance students whose families make $48-$75k per year to attend Northern Illinois University.
Read full report on Finance & Financial Management at Northern Illinois University
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. 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.
In addition to being on our illinois finance students whose families make $48-$75k list, EIU has also earned the #20 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $13,560 for Illinois Finance students whose families make $48-$75k per year to attend Eastern Illinois University.
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. Augustana is a small school located in Rock Island, Illinois that handed out 55 ’s finance degrees in 2019-2020.
Augustana not only placed well in this ranking. It is also #4 on our “Best Finance & Financial Management Schools in Illinois” list. It costs about $21,453 for illinois finance students whose families make $48-$75k per year to attend Augustana College.
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%.
Read full report on Finance & Financial Management at Augustana
Saint Xavier University ranked #7 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. SXU is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 62 ’s degrees in 2019-2020.
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 SXU is $14,907 for illinois finance students whose families make $48-$75k.
Southern Illinois University Carbondale ranked #8 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. Southern Illinois University Carbondale is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 40 ’s finance degrees to qualified students.
SIUC also took the #21 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend Southern Illinois University Carbondale is $14,985 for Illinois Finance students whose families make $48-$75k.
With a ranking of #9, Aurora University did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. Aurora University is a medium-sized school located in Aurora, Illinois that handed out 33 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Aurora, the school also landed the #15 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend Aurora University is $15,881 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%.
Illinois State University landed the #10 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Illinois State is a large public school situated in Normal, Illinois. It awarded 245 ’s finance degrees in 2019-2020.
Illinois State not only placed well in this ranking. It is also #5 on our “Best Finance & Financial Management Schools in Illinois” list. It costs about $19,080 for illinois finance students whose families make $48-$75k per year to attend Illinois State.
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%.
With a ranking of #11, University of St Francis did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. University of Saint Francis is a private not-for-profit institution located in Joliet, Illinois. The school has a small population, and it awarded 14 ’s degrees in 2019-2020.
University of Saint Francis also took the #17 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. It costs about $14,220 for illinois finance students whose families make $48-$75k per year to attend University of St 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%.
Full University of St Francis Finance & Financial Management Report
Quincy University ranked #12 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k 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 $16,717 for illinois finance students whose families make $48-$75k.
Read full report on Finance & Financial Management at Quincy University
Elmhurst University ranked #13 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. 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 $48-$75k list, Elmhurst has also earned the #11 rank in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend Elmhurst is $19,703 for Illinois 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%.
Lewis University ranked #14 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 27 degrees to qualified ’s finance students in 2019-2020.
Lewis also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #16. The estimated yearly cost for Lewis is $16,489 for illinois finance students whose families make $48-$75k.
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%.
Lake Forest College ranked #15 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. Lake Forest College is a small private not-for-profit school situated in Lake Forest, Illinois. It awarded 29 ’s finance degrees in 2019-2020.
Lake Forest also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #12. It costs about $24,683 for Illinois Finance students whose families make $48-$75k per year to attend Lake Forest.
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%.
Full Lake Forest College Finance & Financial Management Report
Western Illinois University came in at #16 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. This medium-sized school is located in Macomb, Illinois, and it awarded 17 ’s finance degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #25 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend WIU is $15,912 for Illinois Finance students whose families make $48-$75k.
Illinois College came in at #17 in this year’s edition of the Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Located in Jacksonville, Illinois, this small private not-for-profit school awarded 17 degrees to qualified ’s finance students 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. It costs about $14,942 for illinois finance students whose families make $48-$75k per year to attend Illinois College.
Read more about Finance & Financial Management at Illinois College
Illinois Institute of Technology did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #18. Illinois Institute of Technology is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 38 ’s finance degrees to qualified students.
Illinois Tech also made our “Best Finance & Financial Management Schools in Illinois” list, coming in at #7. The estimated yearly cost for Illinois Institute of Technology is $22,542 for Illinois Finance students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. 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 school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Read full report on Finance & Financial Management at Illinois Tech
Dominican University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking, coming in at #19. Located in River Forest, Illinois, this small private not-for-profit school handed out 11 diplomas to qualified ’s finance students in 2019-2020.
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 $18,582 for illinois finance students whose families make $48-$75k.
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 #20, Northeastern Illinois University did quite well on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k list. This medium-sized school is located in Chicago, Illinois, and it awarded 58 ’s finance degrees in 2019-2020.
It costs about $18,180 for Illinois Finance students whose families make $48-$75k per year to attend Northeastern Illinois University.
Full Northeastern Illinois University Finance & Financial Management Report
Millikin University landed the #21 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. Millikin is a small school located in Decatur, Illinois that handed out 2 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Millikin, the school also landed the #24 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The estimated yearly cost for Millikin University is $20,390 for illinois finance students whose families make $48-$75k.
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.
Read full report on Finance & Financial Management at Millikin
Concordia University, Chicago landed the #22 spot on the 2022 Best Value Finance Schools in Illinois For Those Making $48-$75k ranking. River Forest, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 16 students in 2019-2020.
The yearly cost to attend Concordia University, Chicago is $17,295 for Illinois Finance students whose families make $48-$75k.
Read full report on Finance & Financial Management at Concordia University, Chicago
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 awarded 39 diplomas to qualified ’s finance students in 2019-2020.
As a testament to the quality of education offered at North Central, the school also landed the #14 spot in our “Best Finance & Financial Management Schools in Illinois” ranking. The yearly cost to attend 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%.
With a ranking of #24, Trinity Christian 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 Palos Heights, Illinois, and it awarded 10 ’s finance degrees in 2019-2020.
Trinity Christian not only placed well in this ranking. It is also #18 on our “Best Finance & Financial Management Schools in Illinois” list. It costs about $20,888 for illinois finance students whose families make $48-$75k per year to attend Trinity Christian College.
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.
Read full report on Finance & Financial Management at Trinity Christian
Bradley University ranked #25 on this year’s Best Value Finance Schools in Illinois For Those Making $48-$75k list. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 19 diplomas to qualified ’s finance students in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #10 on our “Best Finance & Financial Management Schools in Illinois” list. The yearly cost to attend Bradley University is $22,865 for illinois finance students whose families make $48-$75k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Finance & Financial Management at Bradley
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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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