2022 Best Value Bachelor’s Degree Colleges for Applied Mathematics in Illinois (With Aid)

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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 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 Getting Aid” ranking looked at 3 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.

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. Check out our ranking methodology for more information.

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 Bachelor’s in Illinois For Those Getting Aid” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Getting Aid.

Top 3 Best Value Bachelor’s Degree Colleges for Applied Mathematics in Illinois (With Aid)

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$24,664 Average Net Price

$67,660 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Getting Aid. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s applied math degrees to 36 students in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 on our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list. It costs about $24,664 for Illinois Bachelor’s Degree Applied Math students with aid per year to attend Northwestern.

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

Read more about Applied Mathematics at Northwestern

#2

Augustana College

Rock Island, Illinois

#2 in overall quality

$23,874 Average Net Price

$55,964 Average Early-Career Earnings

You’ll be in good company if you decide to attend Augustana College. It ranked #2 on our 2022 Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Getting Aid list. Augustana College is a small private not-for-profit school situated in Rock Island, Illinois. It awarded 7 bachelors’s applied math degrees in 2019-2020.

Augustana also made our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list, coming in at #2. The estimated yearly cost for Augustana College is $23,874 for illinois bachelor’s degree applied math students with aid.

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%. 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

$19,844 Average Net Price

You’ll join some of the best and brightest minds around if you attend McKendree University. The school came in at #3 for the Best Value Applied Math Schools for a Bachelor’s in Illinois For Those Getting Aid. McKendree University is located in Lebanon, Illinois and, has a small student population. In 2019-2020, this school awarded 3 bachelors’s applied math degrees to qualified students.

McKendree did well in our major quality rankings, too. It placed #3 on our “Best Applied Mathematics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for McKendree University is $19,844 for Illinois Bachelor’s Degree Applied Math students with aid.

Read full report on Applied Mathematics at McKendree University

• Best Value Bachelor’s Degree Colleges for Applied Mathematics in the Great Lakes Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Applied Mathematics (With Aid)

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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