2022 Best Value Medicine Schools in Illinois For Those Making $30-$48k
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Medicine Schools in Illinois For Those Making $30-$48k” ranking.
In 2019-2020, 27,562 people earned their degree in medicine, making the major the 54th most popular in the United States. In 2017-2018, medicine graduates who were awarded their degree in 2015-2017, earned an average of $54,795 and had an average of $169,628 in loans still to pay off.
Across Illinois, there were 1,348 medicine graduates with average earnings and debt of $56,129 and $204,764 respectively.
This year’s “Best Value Medicine Schools in Illinois For Those Making $30-$48k” ranking analyzed 5 colleges that offered a degree in medicine. Not only do the schools that top this list have excellent medicine 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 medicine program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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One Size Does Not Fit All
The medicine 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 Medicine Schools in Illinois For Those Making $30-$48k”.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 $30-$48k
The following schools top our list of the Best Best Value Medicine Schools in Illinois For Those Making $30-$48k.
Top 5 Best Value Colleges for Medicine (Income $30-$48k) in Illinois
Out of the 5 schools in the Best Value Medicine 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. 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.
Northwestern also made our “Best Medicine Schools in Illinois” list, coming in at #2. The yearly cost to attend Northwestern University is $3,995 for Illinois Medicine students whose families make $30-$48k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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. 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%.
Out of the 5 schools in the Best Value Medicine Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 84 diplomas to qualified ’s medicine students in 2019-2020.
UChicago not only placed well in this ranking. It is also #1 on our “Best Medicine Schools in Illinois” list. It costs about $2,800 for illinois medicine students whose families make $30-$48k per year to attend UChicago.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Medicine Schools in Illinois For Those Making $30-$48k list. UIC is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 315 ’s degrees in 2019-2020.
UIC also made our “Best Medicine Schools in Illinois” list, coming in at #4. The yearly cost to attend UIC is $11,185 for illinois medicine students whose families make $30-$48k.
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 Southern Illinois University Carbondale. It ranked #4 on our 2022 Best Value Medicine Schools in Illinois For Those Making $30-$48k list. Located in Carbondale, Illinois, this fairly large public school awarded 68 diplomas to qualified ’s medicine students in 2019-2020.
SIUC also made our “Best Medicine Schools in Illinois” list, coming in at #7. It costs about $14,306 for Illinois Medicine students whose families make $30-$48k per year to attend SIUC.
Read full report on Medicine at Southern Illinois University Carbondale
You’ll be in good company if you decide to attend Loyola University Chicago. It ranked #5 on our 2022 Best Value Medicine Schools in Illinois For Those Making $30-$48k list. Loyola University Chicago is a fairly large school located in Chicago, Illinois that handed out 144 ’s medicine degrees in 2019-2020.
Loyola Chicago not only placed well in this ranking. It is also #6 on our “Best Medicine Schools in Illinois” list. It costs about $29,788 for illinois medicine students whose families make $30-$48k per year to attend Loyola University Chicago.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
- Best Value Colleges for Medicine (Income $30-$48k) in the Great Lakes Region
- Best Value Colleges for Medicine (Income $30-$48k)
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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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