2022 Best Value Colleges for Medicine (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. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Medicine Schools in Illinois For Those Making Over $110k” ranking is one tool we have developed to help in this regard.
Medicine is the 54th most popular major in the country with 27,562 degrees awarded in 2019-2020. 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 Vallue Medicine Schools in Illinois For Those Making Over $110k” ranking analyzed 5 colleges that offered a degree 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. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Medicine Schools in Illinois For Those Making Over $110k” list to help you make the college decision.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Vallue Medicine Schools in Illinois For Those Making Over $110k
The following schools top our list of the Best Best Vallue Medicine Schools in Illinois For Those Making Over $110k.
Top 5 Best Value Colleges for Medicine (Income Over $110k) in Illinois
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #1 for the Best Vallue Medicine Schools in Illinois For Those Making Over $110k. UIC is a large school located in Chicago, Illinois that handed out 315 ’s medicine degrees in 2019-2020.
UIC also took the #4 spot in our “Best Medicine Schools in Illinois” ranking. It costs about $13,312 for illinois medicine students whose families make more than $110k per year to attend UIC.
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 Medicine at University of Illinois at Chicago
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #2 for the Best Vallue Medicine Schools in Illinois For Those Making Over $110k. 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.
SIUC not only placed well in this ranking. It is also #7 on our “Best Medicine Schools in Illinois” list. The yearly cost to attend Southern Illinois University Carbondale is $16,945 for Illinois Medicine students whose families make more than $110k.
Read more about Medicine at Southern Illinois University Carbondale
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #3 for the Best Vallue Medicine Schools in Illinois For Those Making Over $110k. Northwestern is a large school located in Evanston, Illinois that handed out 147 ’s medicine degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #2 on our “Best Medicine Schools in Illinois” list. It costs about $24,664 for illinois medicine students whose families make more than $110k per year to attend Northwestern.
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 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%.
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #4 for the Best Vallue Medicine Schools in Illinois For Those Making Over $110k. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 84 ’s medicine degrees to qualified students.
In addition to being on our illinois medicine students whose families make more than $110k list, UChicago has also earned the #1 rank in our “Best Medicine Schools in Illinois” ranking. The yearly cost to attend University of Chicago is $27,315 for illinois medicine students whose families make more than $110k.
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. 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%. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend Loyola University Chicago. It ranked #5 on our 2022 Best Vallue Medicine Schools in Illinois For Those Making Over $110k list. Loyola Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 144 ’s degrees in 2019-2020.
Loyola Chicago also made our “Best Medicine Schools in Illinois” list, coming in at #6. It costs about $35,407 for Illinois Medicine students whose families make more than $110k per year to attend Loyola University Chicago.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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 Over $110k) in the Great Lakes Region
- Best Value Colleges for Medicine (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.
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