2022 Best Value Colleges for Medicine in Illinois (With Aid)
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Medicine Schools in Illinois For Those Getting Aid” ranking is part of that endeavor.
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.
For this year’s “Best Value Medicine Schools in Illinois For Those Getting Aid” ranking, we looked at 5 colleges that offer a degree in medicine. The schools that top this list are recognized because they have great medicine programs and cost less that 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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More Ways to Rank Medicine Schools
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 Getting Aid”.
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 when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Medicine Schools in Illinois For Those Getting Aid
The colleges and universities below are the best for illinois medicine students with aid.
Top 5 Best Value Colleges for Medicine in Illinois (With Aid)
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #1 on our 2022 Best Value Medicine Schools in Illinois For Those Getting Aid list. This large school is located in Chicago, Illinois, and it awarded 315 ’s medicine degrees 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. It costs about $13,312 for Illinois Medicine students with aid 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%.
Out of the 5 schools in the Best Value Medicine Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 147 ’s medicine degrees to qualified students.
Northwestern also took the #2 spot in our “Best Medicine Schools in Illinois” ranking. It costs about $24,664 for Illinois Medicine students with aid per year to attend Northwestern University.
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. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Out of the 5 schools in the Best Value Medicine Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Southern Illinois University Carbondale landed the #3 spot on the list. Southern Illinois University Carbondale is a fairly large public school situated in Carbondale, Illinois. It awarded 68 ’s medicine degrees in 2019-2020.
SIUC not only placed well in this ranking. It is also #7 on our “Best Medicine Schools in Illinois” list. It costs about $16,945 for illinois medicine students with aid per year to attend SIUC.
Read full report on Medicine at Southern Illinois University Carbondale
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 Value Medicine Schools in Illinois For Those Getting Aid. 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 $27,315 for Illinois Medicine students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 100%. 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. 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%.
You’ll join some of the best and brightest minds around if you attend Loyola University Chicago. The school came in at #5 for the Best Value Medicine Schools in Illinois For Those Getting Aid. 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 did well in our major quality rankings, too. It placed #6 on our “Best Medicine Schools in Illinois” list. The yearly cost to attend Loyola Chicago is $35,407 for illinois medicine students with aid.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
- Best Value Colleges for Medicine in the Great Lakes Region (With Aid)
- Best Value Colleges for Medicine (With Aid)
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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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