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2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k

21 Ranked Colleges
2,418 Degrees Awarded
$14,700 Avg Net Price*
Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.

Mathematics & Statistics is the 20th most popular major in the country with 51,937 degrees awarded in 2019-2020. In 2017-2018, mathematics and statistics graduates who were awarded their degree in 2015-2017, earned an average of $47,652 and had an average of $21,598 in loans still to pay off.

Across Illinois, there were 2,418 mathematics and statistics graduates with average earnings and debt of $57,700 and $24,153 respectively.

This year’s “Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k” ranking analyzed 21 colleges that offered a degree in mathematics and statistics. The schools that top this list are recognized because they have great mathematics and statistics programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the mathematics and statistics 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.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k” list to help you make the college 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. 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 Mathematics & Statistics Schools in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k.

Top 21 Best Value Colleges for Mathematics & Statistics (Income $30-$48k) in Illinois

#1

University of Chicago

Chicago, Illinois

Out of the 21 schools in the Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 590 ’s degrees in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. The estimated yearly cost for UChicago is $2,800 for illinois mathematics & statistics students whose families make $30-$48k.

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. 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%. With a freshman retention rate of 100%, the school does an excellent job of retaining its students.

Full UChicago Mathematics & Statistics Report

#2

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 201 ’s degrees in 2019-2020.

Northwestern also made our “Best Mathematics & Statistics Schools in Illinois” list, coming in at #2. It costs about $3,995 for illinois mathematics & statistics students whose families make $30-$48k per year to attend Northwestern.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low student loan default rate of 0.8% 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%. 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.

Read full report on Mathematics & Statistics at Northwestern University

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 Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. UIUC is a large public school situated in Champaign, Illinois. It awarded 795 ’s mathematics and statistics degrees in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 on our “Best Mathematics & Statistics Schools in Illinois” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for Illinois Mathematics & Statistics students whose families make $30-$48k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read full report on Mathematics & Statistics at University of Illinois at Urbana-Champaign

You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #4 on our 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 32 ’s mathematics and statistics degrees to qualified students.

SIUE not only placed well in this ranking. It is also #15 on our “Best Mathematics & Statistics Schools in Illinois” list. The estimated yearly cost for Southern Illinois University Edwardsville is $9,938 for Illinois Mathematics & Statistics students whose families make $30-$48k.

Full SIUE Mathematics & Statistics Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #5 for the Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 109 ’s degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #14 on our “Best Mathematics & Statistics Schools in Illinois” list. The yearly cost to attend University of Illinois at Chicago is $11,185 for illinois mathematics & statistics students whose families make $30-$48k.

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%.

Read more about Mathematics & Statistics at UIC

#6

Northern Illinois University

Dekalb, Illinois

Northern Illinois University came in at #6 in this year’s edition of the Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 86 ’s mathematics and statistics degrees in 2019-2020.

NIU did well in our major quality rankings, too. It placed #10 on our “Best Mathematics & Statistics Schools in Illinois” list. The yearly cost to attend Northern Illinois University is $15,861 for Illinois Mathematics & Statistics students whose families make $30-$48k.

Full NIU Mathematics & Statistics Report

University of Illinois at Springfield did quite well in the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking, coming in at #7. Located in Springfield, Illinois, this small public school handed out 9 degrees to qualified ’s mathematics and statistics students in 2019-2020.

In addition to being on our illinois mathematics & statistics students whose families make $30-$48k list, UIS has also earned the #20 rank in our “Best Mathematics & Statistics Schools in Illinois” ranking. It costs about $8,323 for Illinois Mathematics & Statistics students whose families make $30-$48k per year to attend UIS.

Read full report on Mathematics & Statistics at University of Illinois at Springfield

#8

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University did quite well in the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking, coming in at #8. Located in Charleston, Illinois, this medium-sized public school awarded 7 diplomas to qualified ’s mathematics and statistics students in 2019-2020.

EIU also made our “Best Mathematics & Statistics Schools in Illinois” list, coming in at #16. The estimated yearly cost for EIU is $11,316 for Illinois Mathematics & Statistics students whose families make $30-$48k.

Full Eastern Illinois University Mathematics & Statistics Report

#9

Illinois State University

Normal, Illinois

Illinois State University came in at #9 in this year’s edition of the Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking. Illinois State is a large school located in Normal, Illinois that handed out 96 ’s mathematics and statistics degrees in 2019-2020.

As a testament to the quality of education offered at Illinois State, the school also landed the #4 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. It costs about $14,999 for Illinois Mathematics & Statistics students whose families make $30-$48k per year to attend Illinois State University.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Read more about Mathematics & Statistics at Illinois State

#10

Aurora University

Aurora, Illinois

With a ranking of #10, Aurora University did quite well on the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. This medium-sized school is located in Aurora, Illinois, and it awarded 12 ’s mathematics and statistics degrees in 2019-2020.

Aurora also took the #13 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. The yearly cost to attend Aurora University is $13,845 for Illinois Mathematics & Statistics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Read full report on Mathematics & Statistics at Aurora University

#11

Dominican University

River Forest, Illinois

Dominican University ranked #11 on this year’s Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Dominican U is a small private not-for-profit school situated in River Forest, Illinois. It awarded 13 ’s mathematics and statistics degrees in 2019-2020.

Dominican U did well in our major quality rankings, too. It placed #7 on our “Best Mathematics & Statistics Schools in Illinois” list. The yearly cost to attend Dominican University is $17,586 for illinois mathematics & statistics students whose families make $30-$48k.

With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Mathematics & Statistics at Dominican University

#12

Western Illinois University

Macomb, Illinois

Western Illinois University landed the #12 spot on the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking. Located in Macomb, Illinois, this medium-sized public school awarded 18 diplomas to qualified ’s mathematics and statistics students in 2019-2020.

As a testament to the quality of education offered at WIU, the school also landed the #17 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. It costs about $14,526 for illinois mathematics & statistics students whose families make $30-$48k per year to attend WIU.

Read full report on Mathematics & Statistics at Western Illinois University

#13

Lake Forest College

Lake Forest, Illinois

Lake Forest College ranked #13 on this year’s Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Lake Forest College is a small school located in Lake Forest, Illinois that handed out 17 ’s mathematics and statistics degrees in 2019-2020.

Lake Forest did well in our major quality rankings, too. It placed #6 on our “Best Mathematics & Statistics Schools in Illinois” list. It costs about $19,152 for Illinois Mathematics & Statistics students whose families make $30-$48k per year to attend Lake Forest.

The low student loan default rate of 2.5% 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%.

Read full report on Mathematics & Statistics at Lake Forest College

#14

Olivet Nazarene University

Bourbonnais, Illinois

With a ranking of #14, Olivet Nazarene University did quite well on the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Located in Bourbonnais, Illinois, this small private not-for-profit school awarded 5 degrees to qualified ’s mathematics and statistics students in 2019-2020.

Olivet Nazarene not only placed well in this ranking. It is also #8 on our “Best Mathematics & Statistics Schools in Illinois” list. The yearly cost to attend Olivet Nazarene is $15,390 for illinois mathematics & statistics students whose families make $30-$48k.

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%.

Full Olivet Nazarene University Mathematics & Statistics Report

With a ranking of #15, Northeastern Illinois University did quite well on the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Northeastern Illinois University is a public institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 32 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Northeastern Illinois University, the school also landed the #19 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. It costs about $15,513 for Illinois Mathematics & Statistics students whose families make $30-$48k per year to attend Northeastern Illinois University.

Read full report on Mathematics & Statistics at Northeastern Illinois University

#16

Elmhurst University

Elmhurst, Illinois

Elmhurst University ranked #16 on this year’s Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Elmhurst is a small school located in Elmhurst, Illinois that handed out 8 ’s mathematics and statistics degrees in 2019-2020.

Elmhurst also took the #12 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. The yearly cost to attend Elmhurst is $17,837 for illinois mathematics & statistics students whose families make $30-$48k.

The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Mathematics & Statistics at Elmhurst

#17

Augustana College

Rock Island, Illinois

Augustana College ranked #17 on this year’s Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. Augustana is located in Rock Island, Illinois and, has a small student population. In 2019-2020, this school awarded 10 ’s mathematics and statistics degrees to qualified students.

Augustana also made our “Best Mathematics & Statistics Schools in Illinois” list, coming in at #5. The yearly cost to attend Augustana is $16,249 for Illinois Mathematics & Statistics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.

Full Augustana College Mathematics & Statistics Report

#18

McKendree University

Lebanon, Illinois

McKendree University ranked #18 on this year’s Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k list. This small school is located in Lebanon, Illinois, and it awarded 16 ’s mathematics and statistics degrees in 2019-2020.

McKendree also took the #18 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. The estimated yearly cost for McKendree is $16,659 for illinois mathematics & statistics students whose families make $30-$48k.

Read more about Mathematics & Statistics at McKendree University

#19

Roosevelt University

Chicago, Illinois

Roosevelt University came in at #19 in this year’s edition of the Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s mathematics and statistics degrees to 9 students in 2019-2020.

As a testament to the quality of education offered at Roosevelt, the school also landed the #21 spot in our “Best Mathematics & Statistics Schools in Illinois” ranking. It costs about $20,330 for illinois mathematics & statistics students whose families make $30-$48k per year to attend Roosevelt University.

Read more about Mathematics & Statistics at Roosevelt

#20

DePaul University

Chicago, Illinois

DePaul University did quite well in the 2022 Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking, coming in at #20. This large school is located in Chicago, Illinois, and it awarded 128 ’s mathematics and statistics degrees in 2019-2020.

DePaul not only placed well in this ranking. It is also #11 on our “Best Mathematics & Statistics Schools in Illinois” list. The yearly cost to attend DePaul University is $25,842 for Illinois Mathematics & Statistics students whose families make $30-$48k.

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%.

Full DePaul Mathematics & Statistics Report

#21

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago came in at #21 in this year’s edition of the Best Value Mathematics & Statistics Schools in Illinois For Those Making $30-$48k ranking. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 56 degrees to qualified ’s mathematics and statistics students in 2019-2020.

Loyola Chicago not only placed well in this ranking. It is also #9 on our “Best Mathematics & Statistics Schools in Illinois” list. The estimated yearly cost for Loyola University Chicago is $29,788 for illinois mathematics & statistics students whose families make $30-$48k.

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 more about Mathematics & Statistics at Loyola University Chicago

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 brewbooks.

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