2022 Best Value Colleges for Medicine (Income $0-$30k) 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 Value Medicine Schools in Illinois For Those Making $0-$30k” ranking - to help you make that decision.
Medicine is the 40th most popular major in the country with 20,073 degrees awarded in 2019-2020.
Across Illinois, there were 1,073 medicine graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Medicine Schools in Illinois For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s in medicine. This ranking identifies schools with high-quality medicine programs that also have a lower cost than 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 medicine program at the school. 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 Value Medicine Schools in Illinois For Those Making $0-$30k” list, to help you choose the best school for you.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Medicine Schools in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois medicine students whose families make $0-$30k.
Top 5 Best Value Colleges for Medicine (Income $0-$30k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Medicine Schools in Illinois For Those Making $0-$30k list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s medicine degrees to 147 students in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Medicine Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $1,866 for Illinois Medicine students whose families make $0-$30k.
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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value Medicine Schools in Illinois For Those Making $0-$30k list. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 84 ’s medicine degrees in 2019-2020.
UChicago also took the #1 spot in our “Best Medicine Schools in Illinois” ranking. The estimated yearly cost for UChicago is $2,712 for illinois medicine students whose families make $0-$30k.
The low student loan default rate of 0.6% 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 school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Value Medicine Schools in Illinois For Those Making $0-$30k. Located in Chicago, Illinois, this large public school handed out 315 degrees to qualified ’s medicine students in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #4 spot in our “Best Medicine Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Chicago is $10,648 for Illinois Medicine students whose families make $0-$30k.
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 join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #4 for the Best Value Medicine Schools in Illinois For Those Making $0-$30k. This fairly large school is located in Carbondale, Illinois, and it awarded 68 ’s medicine degrees in 2019-2020.
As a testament to the quality of education offered at SIUC, the school also landed the #7 spot in our “Best Medicine Schools in Illinois” ranking. The estimated yearly cost for SIUC is $13,658 for illinois medicine students whose families make $0-$30k.
Out of the 5 schools in the Best Value Medicine Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Loyola University Chicago landed the #5 spot on the list. Loyola Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 144 ’s medicine degrees in 2019-2020.
Loyola Chicago also took the #6 spot in our “Best Medicine Schools in Illinois” ranking. The yearly cost to attend Loyola University Chicago is $29,440 for Illinois Medicine students whose families make $0-$30k.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
- Best Value Colleges for Medicine (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Medicine (Income $0-$30k)
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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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