2022 Best Value Colleges for Computational & Applied Mathematics (Income $48-$75k) in Illinois

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 Computational and Applied Math Schools in Illinois For Those Making $48-$75k” ranking is part of that endeavor.

In 2019-2020, 906 people earned their degree in computational and applied mathematics, making the major the 505th most popular in the United States.

Across Illinois, there were 55 computational and applied mathematics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Computational and Applied Math Schools in Illinois For Those Making $48-$75k” ranking looked at 2 colleges that offer degrees in a bachelor’s in computational and applied mathematics. This ranking identifies schools with high-quality computational and applied mathematics programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the computational and applied mathematics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Value Computational and Applied Math Schools in Illinois For Those Making $48-$75k” list to help you make the college decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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 Computational and Applied Math Schools in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Computational and Applied Math Schools in Illinois For Those Making $48-$75k.

Top 2 Best Value Colleges for Computational & Applied Mathematics (Income $48-$75k) in Illinois

#1

University of Chicago

Chicago, Illinois

#1 in overall quality

$7,934 Average Net Price

$61,293 Average Early-Career Earnings

Out of the 2 schools in the Best Value Computational and Applied Math Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 33 ’s computational and applied math degrees in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Computational & Applied Mathematics Schools in Illinois” ranking. The yearly cost to attend UChicago is $7,934 for illinois computational and applied math students whose families make $48-$75k.

The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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.

Full UChicago Computational & Applied Mathematics Report

#2

Northwestern University

Evanston, Illinois

#2 in overall quality

$6,452 Average Net Price

$68,272 Average Early-Career Earnings

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Computational and Applied Math Schools in Illinois For Those Making $48-$75k list. Located in Evanston, Illinois, this large private not-for-profit school awarded 22 diplomas to qualified ’s computational and applied math 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 Computational & Applied Mathematics Schools in Illinois” ranking. It costs about $6,452 for Illinois Computational and Applied Math students whose families make $48-$75k per year to attend Northwestern University.

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%. 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 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.

Read full report on Computational & Applied Mathematics at Northwestern

• Best Value Colleges for Computational & Applied Mathematics (Income $48-$75k) in the Great Lakes Region
• Best Value Colleges for Computational & Applied Mathematics (Income $48-$75k)

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.

Credits

• Credit for the banner image above goes to Steven G. Johnson.

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