2022 Best Value Colleges for Medicine (Income $75-$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 Value Medicine Schools in Illinois For Those Making $75-$110k” ranking - to help you make that decision.
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 $75-$110k” 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. For more information, check out our ranking methodology.
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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 $75-$110k”.
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. 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 Medicine Schools in Illinois For Those Making $75-$110k
The following schools top our list of the Best Best Value Medicine Schools in Illinois For Those Making $75-$110k.
Top 5 Best Value Colleges for Medicine (Income $75-$110k) in Illinois
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Medicine Schools in Illinois For Those Making $75-$110k. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 147 ’s degrees in 2019-2020.
Northwestern also made our “Best Medicine Schools in Illinois” list, coming in at #2. The estimated yearly cost for Northwestern is $16,784 for Illinois Medicine students whose families make $75-$110k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%. 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.
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value Medicine Schools in Illinois For Those Making $75-$110k. University of Chicago 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 University of Chicago is $17,929 for illinois medicine students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.
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 $75-$110k list. This large school is located in Chicago, Illinois, and it awarded 315 ’s medicine degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best Medicine Schools in Illinois” list. It costs about $20,270 for Illinois Medicine students whose families make $75-$110k per year to attend UIC.
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 Southern Illinois University Carbondale. It ranked #4 on our 2022 Best Value Medicine Schools in Illinois For Those Making $75-$110k list. Southern Illinois University Carbondale is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 68 ’s degrees in 2019-2020.
In addition to being on our illinois medicine students whose families make $75-$110k list, SIUC has also earned the #7 rank in our “Best Medicine Schools in Illinois” ranking. It costs about $20,698 for illinois medicine students whose families make $75-$110k per year to attend Southern Illinois University Carbondale.
Full Southern Illinois University Carbondale Medicine Report
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 $75-$110k list. Loyola University Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 144 ’s medicine degrees to qualified students.
Loyola Chicago not only placed well in this ranking. It is also #6 on our “Best Medicine Schools in Illinois” list. It costs about $36,700 for Illinois Medicine students whose families make $75-$110k per year to attend Loyola University Chicago.
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%.
- Best Value Colleges for Medicine (Income $75-$110k) in the Great Lakes Region
- Best Value Colleges for Medicine (Income $75-$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.
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