2022 Best Value Bachelor’s Degree Colleges for Chemical Engineering (Income Over $110k) 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 Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking.
Chemical Engineering is the 66th most popular major in the country with 13,610 degrees awarded in 2019-2020. In 2017-2018, chemical engineering graduates who were awarded their degree in 2015-2017, earned an average of $62,963 and had an average of $22,564 in loans still to pay off.
Across Illinois, there were 446 chemical engineering graduates with average earnings and debt of $66,050 and $21,302 respectively. At the bachelor’s degree level specifically, there were 311 chemical engineering graduates with average earnings and debt of $38,319 and $24,183 respectively.
For this year’s “Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking, we looked at 4 colleges that offer a degree in chemical engineering. The schools that top this list are recognized because they have great chemical engineering programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the chemical engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k
The following schools top our list of the Best Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k.
Top 4 Best Value Bachelor’s Degree Colleges for Chemical Engineering (Income Over $110k) in Illinois
Out of the 4 schools in the Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. UIUC is a large public school situated in Champaign, Illinois. It awarded 143 bachelors’s chem eng degrees in 2019-2020.
UIUC also took the #2 spot in our “Best Chemical Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIUC is $15,880 for illinois bachelor’s degree chem eng students whose families make more than $110k.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.4%, 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 #2 on our 2022 Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s chem eng degrees to 63 students in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best Chemical Engineering Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for University of Illinois at Chicago is $13,312 for illinois bachelor’s degree chem eng students whose families make more than $110k.
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 Chemical Engineering at University of Illinois at Chicago
Out of the 4 schools in the Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Illinois Institute of Technology landed the #3 spot on the list. Located in Chicago, Illinois, this medium-sized private not-for-profit school awarded 42 diplomas to qualified bachelors’s chem eng students in 2019-2020.
Illinois Tech also took the #3 spot in our “Best Chemical Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois Tech is $22,831 for illinois bachelor’s degree chem eng students whose families make more than $110k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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 Chemical Engineering at Illinois Institute of Technology
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #4 for the Best Vallue Chem Eng Schools for a Bachelor’s in Illinois For Those Making Over $110k. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s chem eng degrees to 42 students in 2019-2020.
Northwestern also made our “Best Chemical Engineering Bachelor’s Degree Schools in Illinois” list, coming in at #1. The yearly cost to attend Northwestern University is $24,664 for illinois bachelor’s degree chem eng students whose families make more than $110k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Chemical Engineering at Northwestern University
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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.
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- Credit for the banner image above goes to Mikulova.
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