2022 Best Value Bachelor’s Degree Colleges for Statistics in Illinois (With Aid)
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking as one item you can use to help make this decision.
In 2019-2020, 9,599 people earned their degree in statistics, making the major the 88th most popular in the United States. In 2017-2018, statistics graduates who were awarded their degree in 2015-2017, earned an average of $61,950 and had an average of $22,199 in loans still to pay off.
Across Illinois, there were 867 statistics graduates with average earnings and debt of $77,633 and $30,054 respectively. At the bachelor’s degree level specifically, there were 516 statistics graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking analyzed 5 colleges that offered a degree in statistics. This ranking identifies schools with high-quality statistics programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the statistics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Stats 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.
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. 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 Stats Schools for a Bachelor’s in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid.
Top 5 Best Value Bachelor’s Degree Colleges for Statistics in Illinois (With Aid)
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s stats degrees to 335 students in 2019-2020.
UIUC also took the #3 spot in our “Best Statistics Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,880 for illinois bachelor’s degree stats students with aid per year to attend UIUC.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #2 for the Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 35 bachelors’s stats degrees to qualified students.
UIC did well in our major quality rankings, too. It placed #4 on our “Best Statistics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for UIC is $13,312 for illinois bachelor’s degree stats 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%.
You’ll be in good company if you decide to attend Northwestern University. It ranked #3 on our 2022 Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 61 bachelors’s stats degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Statistics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Northwestern University is $24,664 for Illinois Bachelor’s Degree Stats students with aid.
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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Out of the 5 schools in the Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, University of Chicago landed the #4 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 76 bachelors’s stats degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree stats students with aid list, UChicago has also earned the #1 rank in our “Best Statistics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UChicago is $27,315 for Illinois Bachelor’s Degree Stats students with aid.
The low student loan default rate of 0.6% 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%. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll join some of the best and brightest minds around if you attend Loyola University Chicago. The school came in at #5 for the Best Value Stats Schools for a Bachelor’s in Illinois For Those Getting Aid. This fairly large school is located in Chicago, Illinois, and it awarded 9 bachelors’s stats degrees in 2019-2020.
Loyola Chicago not only placed well in this ranking. It is also #5 on our “Best Statistics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Loyola University Chicago is $35,407 for illinois bachelor’s degree stats students with aid.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
- Best Value Bachelor’s Degree Colleges for Statistics in the Great Lakes Region (With Aid)
- Best Value Bachelor’s Degree Colleges for Statistics (With Aid)
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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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