2022 Best Value Colleges for Applied Mathematics (Income $0-$30k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Applied Math Schools in Illinois For Those Making $0-$30k” ranking is part of that endeavor.
Applied Mathematics is the 83rd most popular major in the country with 10,462 degrees awarded in 2019-2020. In 2017-2018, applied mathematics graduates who were awarded their degree in 2015-2017, earned an average of $55,528 and had an average of $22,646 in loans still to pay off.
Across Illinois, there were 462 applied mathematics graduates with average earnings and debt of $60,700 and $44,684 respectively.
This year’s “Best Value Applied Math Schools in Illinois For Those Making $0-$30k” ranking looked at 8 colleges that offer degrees in a bachelor’s in applied mathematics. Not only do the schools that top this list have excellent applied mathematics programs, but they also 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 applied mathematics program at the school. See our ranking methodology to learn more.
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The applied math 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 Applied Math Schools in Illinois For Those Making $0-$30k”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Applied Math Schools in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois applied math students whose families make $0-$30k.
Top 8 Best Value Colleges for Applied Mathematics (Income $0-$30k) in Illinois
Out of the 8 schools in the Best Value Applied Math Schools in Illinois For Those Making $0-$30k 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 119 ’s applied math degrees in 2019-2020.
UChicago not only placed well in this ranking. It is also #1 on our “Best Applied Mathematics Schools in Illinois” list. The yearly cost to attend UChicago is $2,712 for illinois applied math students whose families make $0-$30k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Applied Mathematics at University of Chicago
Out of the 8 schools in the Best Value Applied Math Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern University is a large school located in Evanston, Illinois that handed out 55 ’s applied math degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Applied Mathematics Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $1,866 for illinois applied math students whose families make $0-$30k.
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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Applied Mathematics at Northwestern University
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Applied Math Schools in Illinois For Those Making $0-$30k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s applied math degrees to 148 students in 2019-2020.
UIUC also made our “Best Applied Mathematics Schools in Illinois” list, coming in at #3. The yearly cost to attend University of Illinois at Urbana-Champaign is $5,477 for illinois applied math students whose families make $0-$30k.
The low student loan default rate of 2.4% 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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Full University of Illinois at Urbana-Champaign Applied Mathematics Report
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value Applied Math Schools in Illinois For Those Making $0-$30k. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 13 ’s degrees in 2019-2020.
In addition to being on our illinois applied math students whose families make $0-$30k list, UIC has also earned the #6 rank in our “Best Applied Mathematics Schools in Illinois” ranking. It costs about $10,648 for Illinois Applied Math students whose families make $0-$30k per year to attend University of Illinois at Chicago.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Best Value Applied Math Schools in Illinois For Those Making $0-$30k. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s applied math degrees to 3 students in 2019-2020.
In addition to being on our illinois applied math students whose families make $0-$30k list, NIU has also earned the #7 rank in our “Best Applied Mathematics Schools in Illinois” ranking. The yearly cost to attend NIU is $15,281 for illinois applied math students whose families make $0-$30k.
Read full report on Applied Mathematics at Northern Illinois University
Augustana College ranked #6 on this year’s Best Value Applied Math Schools in Illinois For Those Making $0-$30k list. Rock Island, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s applied math degrees to 7 students in 2019-2020.
Augustana not only placed well in this ranking. It is also #4 on our “Best Applied Mathematics Schools in Illinois” list. The yearly cost to attend Augustana College is $20,355 for Illinois Applied Math students whose families make $0-$30k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.
McKendree University landed the #7 spot on the 2022 Best Value Applied Math Schools in Illinois For Those Making $0-$30k ranking. Located in Lebanon, Illinois, this small private not-for-profit school awarded 3 diplomas to qualified ’s applied math students in 2019-2020.
McKendree also took the #8 spot in our “Best Applied Mathematics Schools in Illinois” ranking. It costs about $15,184 for illinois applied math students whose families make $0-$30k per year to attend McKendree University.
DePaul University came in at #8 in this year’s edition of the Best Value Applied Math Schools in Illinois For Those Making $0-$30k ranking. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s applied math degrees to 77 students in 2019-2020.
In addition to being on our illinois applied math students whose families make $0-$30k list, DePaul has also earned the #5 rank in our “Best Applied Mathematics Schools in Illinois” ranking. The estimated yearly cost for DePaul is $26,173 for Illinois Applied Math students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
- Best Value Colleges for Applied Mathematics (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Applied Mathematics (Income $0-$30k)
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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.
Credits
- Credit for the banner image above goes to Steven G. Johnson.
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