2022 Best Value Colleges for Applied Economics (Income $30-$48k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. 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 Economics Schools in Illinois For Those Making $30-$48k” ranking is part of that endeavor.

Applied Economics is the 497th most popular major in the country with 652 degrees awarded in 2019-2020.

Across Illinois, there were 5 applied economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Applied Economics Schools in Illinois For Those Making $30-$48k” ranking analyzed 2 colleges that offered a degree in applied economics. The schools that top this list are recognized because they have great applied economics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the applied economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Applied Economics Schools

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 Applied Economics Schools in Illinois For Those Making $30-$48k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most 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 Economics Schools in Illinois For Those Making $30-$48k

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

Top 2 Best Value Colleges for Applied Economics (Income $30-$48k) in Illinois

#1

University of Illinois at Chicago

Chicago, Illinois

#1 in overall quality

$11,185 Average Net Price

$48,171 Average Early-Career Earnings

Out of the 2 schools in the Best Value Applied Economics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Chicago landed the #1 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s applied economics degrees to 1 students in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #1 spot in our “Best Applied Economics Schools in Illinois” ranking. The estimated yearly cost for UIC is $11,185 for illinois applied economics 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%.

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

#2

DePaul University

Chicago, Illinois

#2 in overall quality

$25,842 Average Net Price

$46,448 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend DePaul University. The school came in at #2 for the Best Value Applied Economics Schools in Illinois For Those Making $30-$48k. This large school is located in Chicago, Illinois, and it awarded 4 ’s applied economics degrees in 2019-2020.

DePaul did well in our major quality rankings, too. It placed #2 on our “Best Applied Economics Schools in Illinois” list. The yearly cost to attend DePaul is $25,842 for illinois applied economics 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 Applied Economics Report

• Best Value Colleges for Applied Economics (Income $30-$48k) in the Great Lakes Region
• Best Value Colleges for Applied Economics (Income $30-$48k)

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 pixabay.

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