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2022 Best Value Applied Math Schools for a Master’s in Illinois For Those Making $48-$75k

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 $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. 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 Master’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 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 $48-$75k” ranking, we looked at 6 colleges that offer a degree in applied mathematics. This ranking identifies schools with high-quality applied mathematics programs that also have a lower cost than 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.

One Size Does Not Fit All

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 for a Master’s 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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

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

Top 6 Best Value Master’s Degree Colleges for Applied Mathematics (Income $48-$75k) 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 for a Master’s in Illinois For Those Making $48-$75k. University of Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 119 masters’s degrees in 2019-2020.

UChicago not only placed well in this ranking. It is also #1 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 UChicago are $61,548.

Read more about Applied Mathematics at University of Chicago

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 for the Best Value Applied Math Schools for a Master’s in Illinois For Those Making $48-$75k. Located in Evanston, Illinois, this large private not-for-profit school handed out 14 diplomas to qualified masters’s applied math students in 2019-2020.

Northwestern not only placed well in this ranking. It is also #2 on our “Best Applied Mathematics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read full report on Applied Mathematics at Northwestern

#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 $48-$75k. 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.

UIUC also took the #3 spot in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read more about Applied Mathematics at University of Illinois at Urbana-Champaign

#5 in overall quality

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 for a Master’s in Illinois For Those Making $48-$75k. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 13 masters’s applied math degrees in 2019-2020.

UIC also took the #5 spot in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

Read full report on Applied Mathematics at University of Illinois at Chicago

#5

Northern Illinois University

Dekalb, Illinois

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 for a Master’s in Illinois For Those Making $48-$75k. NIU is a fairly large school located in Dekalb, Illinois that handed out 3 masters’s applied math 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. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Full Northern Illinois University Applied Mathematics Report

#6

DePaul University

Chicago, Illinois

DePaul University ranked #6 on this year’s Best Value Applied Math Schools for a Master’s in Illinois For Those Making $48-$75k list. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 77 masters’s applied math degrees in 2019-2020.

In addition to being on our illinois master’s degree applied math students whose families make $48-$75k list, DePaul has also earned the #4 rank in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul University are $19,760, but some majors have different tuition rates.

Read full report on Applied Mathematics at DePaul

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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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