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2022 Best Value Applied Math Schools in Illinois For Those Making $30-$48k

8 Ranked Colleges
462 Degrees Awarded
$12,600 Avg Net Price*
Best Value Applied Math Schools in Illinois For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Applied Math Schools in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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 $30-$48k” ranking looked at 8 colleges that offer degrees in a bachelor’s in applied mathematics. The schools that top this list are recognized because they have great applied mathematics 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 applied mathematics program at the school. See our ranking methodology to learn more.

More Ways to Rank Applied Mathematics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Applied Math Schools in Illinois For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

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. 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 Applied Math Schools in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Applied Math Schools in Illinois For Those Making $30-$48k.

Top 8 Best Value Colleges for Applied Mathematics (Income $30-$48k) in Illinois

#1

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Best Value Applied Math Schools in Illinois For Those Making $30-$48k. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 119 ’s degrees in 2019-2020.

In addition to being on our illinois applied math students whose families make $30-$48k list, UChicago has also earned the #1 rank in our “Best Applied Mathematics Schools in Illinois” ranking. It costs about $2,800 for illinois applied math students whose families make $30-$48k per year to attend UChicago.

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%. With a freshman retention rate of 100%, the school does an excellent job of retaining its students. 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.

Full University of Chicago Applied Mathematics Report

#2

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Applied Math Schools in Illinois For Those Making $30-$48k list. Northwestern University is a large school located in Evanston, Illinois that handed out 55 ’s applied math degrees in 2019-2020.

Northwestern also made our “Best Applied Mathematics Schools in Illinois” list, coming in at #2. The yearly cost to attend Northwestern is $3,995 for illinois applied math students whose families make $30-$48k.

With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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. 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%.

Full Northwestern University Applied Mathematics Report

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 $30-$48k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 148 ’s applied math degrees in 2019-2020.

UIUC also took the #3 spot in our “Best Applied Mathematics Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for illinois applied math students whose families make $30-$48k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Full UIUC 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 $30-$48k. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s applied math degrees to 13 students in 2019-2020.

UIC also made our “Best Applied Mathematics Schools in Illinois” list, coming in at #6. It costs about $11,185 for illinois applied math students whose families make $30-$48k per year to attend University of Illinois at Chicago.

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 more about Applied Mathematics at UIC

#5

Northern Illinois University

Dekalb, Illinois

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2022 Best Value Applied Math Schools in Illinois For Those Making $30-$48k list. NIU is a fairly large school located in Dekalb, Illinois that handed out 3 ’s applied math degrees in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #7 spot in our “Best Applied Mathematics Schools in Illinois” ranking. The yearly cost to attend NIU is $15,861 for Illinois Applied Math students whose families make $30-$48k.

Read more about Applied Mathematics at NIU

#6

Augustana College

Rock Island, Illinois

Augustana College did quite well in the 2022 Best Value Applied Math Schools in Illinois For Those Making $30-$48k ranking, coming in at #6. Augustana College is located in Rock Island, Illinois and, has a small student population. In 2019-2020, this school awarded 7 ’s applied math degrees to qualified students.

Augustana did well in our major quality rankings, too. It placed #4 on our “Best Applied Mathematics Schools in Illinois” list. It costs about $16,249 for illinois applied math students whose families make $30-$48k per year to attend Augustana.

With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.

Full Augustana College Applied Mathematics Report

#7

McKendree University

Lebanon, Illinois

McKendree University landed the #7 spot on the 2022 Best Value Applied Math Schools in Illinois For Those Making $30-$48k ranking. McKendree University is a small school located in Lebanon, Illinois that handed out 3 ’s applied math degrees in 2019-2020.

McKendree also took the #8 spot in our “Best Applied Mathematics Schools in Illinois” ranking. It costs about $16,659 for illinois applied math students whose families make $30-$48k per year to attend McKendree.

Full McKendree University Applied Mathematics Report

#8

DePaul University

Chicago, Illinois

DePaul University landed the #8 spot on the 2022 Best Value Applied Math Schools in Illinois For Those Making $30-$48k ranking. DePaul University is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 77 ’s applied math degrees to qualified students.

DePaul not only placed well in this ranking. It is also #5 on our “Best Applied Mathematics Schools in Illinois” list. The yearly cost to attend DePaul University is $25,842 for Illinois Applied Math students whose families make $30-$48k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Applied Mathematics at DePaul

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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