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2022 Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k

6 Ranked Colleges
382 Degrees Awarded
$34,400 Avg Grad Tuition & Fees*
Best Value Applied Math Schools for a Master's in Illinois For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. 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 for a Master’s in Illinois For Those Making $30-$48k” 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. At the master’s degree level specifically, there were 382 applied mathematics graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k” ranking, we looked at 6 colleges that offer a degree 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.

One Size Does Not Fit All

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 for a Master’s in Illinois For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 for a Master’s in Illinois For Those Making $30-$48k

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

Top 6 Best Value Master’s Degree Colleges for Applied Mathematics (Income $30-$48k) in Illinois

#1

University of Chicago

Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2022 Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k list. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 119 degrees to qualified masters’s applied math students in 2019-2020.

In addition to being on our illinois master’s degree applied math students whose families make $30-$48k list, UChicago has also earned the #1 rank in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Full UChicago Applied Mathematics Report

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 14 masters’s applied math degrees in 2019-2020.

Northwestern also made our “Best Applied Mathematics Master’s Degree Schools in Illinois” list, coming in at #2. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Full Northwestern Applied Mathematics Report

#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 143 masters’s applied math degrees to qualified students.

As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIUC are $30,083.

Read full report on Applied Mathematics at University of Illinois at Urbana-Champaign

#5 in overall quality

Out of the 6 schools in the Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Chicago landed the #4 spot on the list. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 13 masters’s applied math degrees to qualified students.

UIC not only placed well in this ranking. It is also #5 on our “Best Applied Mathematics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Chicago are $27,036.

Read more about Applied Mathematics at University of Illinois at Chicago

#5

Northern Illinois University

Dekalb, Illinois

Out of the 6 schools in the Best Value Applied Math Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northern Illinois University landed the #5 spot on the list. NIU is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.

NIU did well in our major quality rankings, too. It placed #0 on our “Best Applied Mathematics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at NIU are $11,086.

Read full report on Applied Mathematics at NIU

#6

DePaul University

Chicago, Illinois

DePaul University came in at #6 in this year’s edition of the Best Value Applied Math Schools for a Master’s 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 masters’s applied math degrees to qualified students.

DePaul also took the #4 spot in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Full DePaul Applied Mathematics Report

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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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