2022 Best Value Bachelor’s Degree Colleges for 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. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking - to help you make that decision.

In 2019-2020, 10,462 people earned their degree in applied mathematics, making the major the 83rd most popular in the United States. 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 bachelor’s degree level specifically, there were 68 applied mathematics graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking analyzed 3 colleges that offered a degree 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.

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

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 for a Bachelor’s in Illinois For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois bachelor’s degree applied math students whose families make $48-$75k.

Top 3 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $48-$75k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$6,452 Average Net Price

$67,660 Average Early-Career Earnings

Out of the 3 schools in the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 36 bachelors’s applied math degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Northwestern is $6,452 for illinois bachelor’s degree applied math students whose families make $48-$75k.

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 impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Applied Mathematics at Northwestern University

#2

Augustana College

Rock Island, Illinois

#2 in overall quality

$21,453 Average Net Price

$55,964 Average Early-Career Earnings

Out of the 3 schools in the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Augustana College landed the #2 spot on the list. This small school is located in Rock Island, Illinois, and it awarded 7 bachelors’s applied math degrees in 2019-2020.

Augustana not only placed well in this ranking. It is also #2 on our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Augustana is $21,453 for Illinois Bachelor’s Degree Applied Math students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.

Read full report on Applied Mathematics at Augustana College

#3

McKendree University

Lebanon, Illinois

#3 in overall quality

$19,851 Average Net Price

You’ll be in good company if you decide to attend McKendree University. It ranked #3 on our 2022 Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. McKendree University is a private not-for-profit institution located in Lebanon, Illinois. The school has a small population, and it awarded 3 bachelors’s degrees in 2019-2020.

McKendree not only placed well in this ranking. It is also #3 on our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list. It costs about $19,851 for Illinois Bachelor’s Degree Applied Math students whose families make $48-$75k per year to attend McKendree University.

Full McKendree Applied Mathematics Report

• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $48-$75k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for 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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