2022 Best Value Colleges for Applied Mathematics (Income $48-$75k) in Illinois
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 $48-$75k” 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 $48-$75k” ranking analyzed 8 colleges that offered 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.
Some of the factors we look at when determining these rankings are overall quality of the applied mathematics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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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 $48-$75k”.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Applied Math Schools in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois applied math students whose families make $48-$75k.
Top 8 Best Value Colleges for Applied Mathematics (Income $48-$75k) in 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 $48-$75k. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s applied math degrees to 119 students in 2019-2020.
UChicago did well in our major quality rankings, too. It placed #1 on our “Best Applied Mathematics Schools in Illinois” list. The estimated yearly cost for UChicago is $7,934 for Illinois Applied Math students whose families make $48-$75k.
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%. With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.
Out of the 8 schools in the Best Value Applied Math Schools in Illinois For Those Making $48-$75k 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.
Northwestern also made our “Best Applied Mathematics Schools in Illinois” list, coming in at #2. The estimated yearly cost for Northwestern University is $6,452 for illinois applied math students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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.
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 $48-$75k 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 not only placed well in this ranking. It is also #3 on our “Best Applied Mathematics Schools in Illinois” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $13,351 for illinois applied math students whose families make $48-$75k.
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%. 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 be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2022 Best Value Applied Math Schools in Illinois For Those Making $48-$75k list. Located in Chicago, Illinois, this large public school handed out 13 degrees to qualified ’s applied math students in 2019-2020.
UIC did well in our major quality rankings, too. It placed #6 on our “Best Applied Mathematics Schools in Illinois” list. It costs about $13,683 for illinois applied math students whose families make $48-$75k per year to attend University of Illinois at Chicago.
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%.
You’ll be in good company if you decide to attend Augustana College. It ranked #5 on our 2022 Best Value Applied Math Schools in Illinois For Those Making $48-$75k list. Augustana College is a small school located in Rock Island, Illinois that handed out 7 ’s applied math degrees in 2019-2020.
As a testament to the quality of education offered at Augustana, the school also landed the #4 spot in our “Best Applied Mathematics Schools in Illinois” ranking. The yearly cost to attend Augustana College is $21,453 for illinois 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%.
Northern Illinois University did quite well in the 2022 Best Value Applied Math Schools in Illinois For Those Making $48-$75k ranking, coming in at #6. This fairly large school is located in Dekalb, Illinois, and it awarded 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 estimated yearly cost for Northern Illinois University is $18,346 for illinois applied math students whose families make $48-$75k.
Read full report on Applied Mathematics at Northern Illinois University
McKendree University landed the #7 spot on the 2022 Best Value Applied Math Schools in Illinois For Those Making $48-$75k ranking. McKendree University is a small school located in Lebanon, Illinois that handed out 3 ’s applied math degrees in 2019-2020.
In addition to being on our illinois applied math students whose families make $48-$75k list, McKendree has also earned the #8 rank in our “Best Applied Mathematics Schools in Illinois” ranking. It costs about $19,851 for Illinois Applied Math students whose families make $48-$75k per year to attend McKendree University.
Read full report on Applied Mathematics at McKendree University
With a ranking of #8, DePaul University did quite well on the 2022 Best Value Applied Math Schools in Illinois For Those Making $48-$75k list. DePaul University is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 77 ’s degrees in 2019-2020.
DePaul also made our “Best Applied Mathematics Schools in Illinois” list, coming in at #5. The yearly cost to attend DePaul University is $28,075 for illinois applied math students whose families make $48-$75k.
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%.
- Best Value Colleges for Applied Mathematics (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Applied Mathematics (Income $48-$75k)
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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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