2022 Best Value Colleges for Engineering Physics (Income Over $110k) in Illinois
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k” ranking - to help you make that decision.
In 2019-2020, 941 people earned their degree in engineering physics, making the major the 239th most popular in the United States. In 2017-2018, engineering physics graduates who were awarded their degree in 2015-2017, earned an average of $59,675 and had an average of $20,001 in loans still to pay off.
Across Illinois, there were 97 engineering physics graduates with average earnings and debt of $73,900 and $21,817 respectively.
For this year’s “Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k” ranking, we looked at 4 colleges that offer a degree in engineering physics. The schools that top this list are recognized because they have great engineering physics programs and cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the engineering physics 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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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k” list, to help you choose the best school for you.
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Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k
The following schools top our list of the Best Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k.
Top 4 Best Value Colleges for Engineering Physics (Income Over $110k) in Illinois
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 77 ’s engineering physics 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 Engineering Physics Schools in Illinois” ranking. The estimated yearly cost for UIUC is $15,880 for Illinois Engineering Physics students whose families make more than $110k.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Out of the 4 schools in the Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Illinois at Chicago landed the #2 spot on the list. Located in Chicago, Illinois, this large public school awarded 3 degrees to qualified ’s engineering physics students in 2019-2020.
UIC also took the #4 spot in our “Best Engineering Physics Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Chicago is $13,312 for illinois engineering physics 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%.
You’ll be in good company if you decide to attend Illinois Institute of Technology. It ranked #3 on our 2022 Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k list. Illinois Institute of Technology is a medium-sized school located in Chicago, Illinois that handed out 2 ’s engineering physics degrees in 2019-2020.
As a testament to the quality of education offered at Illinois Tech, the school also landed the #3 spot in our “Best Engineering Physics Schools in Illinois” ranking. The yearly cost to attend Illinois Institute of Technology is $22,831 for Illinois Engineering Physics students whose families make more than $110k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. 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. 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%.
Full Illinois Institute of Technology Engineering Physics Report
Out of the 4 schools in the Best Vallue Engineering Physics Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, Northwestern University landed the #4 spot on the list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s engineering physics degrees to 3 students in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Engineering Physics Schools in Illinois” list. The estimated yearly cost for Northwestern is $24,664 for illinois engineering physics students whose families make more than $110k.
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%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Read full report on Engineering Physics at Northwestern University
- Best Value Colleges for Engineering Physics (Income Over $110k) in the Great Lakes Region
- Best Value Colleges for Engineering Physics (Income Over $110k)
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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 NASA.
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