2022 Best Value Colleges for Applied Economics (Income $48-$75k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Applied Economics Schools in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2019-2020, 652 people earned their degree in applied economics, making the major the 497th most popular in the United States.

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

For this year’s “Best Value Applied Economics Schools in Illinois For Those Making $48-$75k” ranking, we looked at 2 colleges that offer 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.

Some of the factors we look at when determining these rankings are overall quality of the applied economics 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.

More Ways to Rank Applied Economics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Applied Economics Schools in Illinois For Those Making $48-$75k” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Economics Schools in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Applied Economics Schools in Illinois For Those Making $48-$75k.

Top 2 Best Value Colleges for Applied Economics (Income $48-$75k) in Illinois

#1

University of Illinois at Chicago

Chicago, Illinois

#1 in overall quality

$13,683 Average Net Price

$48,171 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #1 on our 2022 Best Value Applied Economics Schools in Illinois For Those Making $48-$75k list. UIC is a large school located in Chicago, Illinois that handed out 1 ’s applied economics degrees 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 $13,683 for illinois applied economics students whose families make $48-$75k.

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 more about Applied Economics at UIC

#2

DePaul University

Chicago, Illinois

#2 in overall quality

$28,075 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 $48-$75k. This large school is located in Chicago, Illinois, and it awarded 4 ’s applied economics degrees in 2019-2020.

DePaul not only placed well in this ranking. It is also #2 on our “Best Applied Economics Schools in Illinois” list. The estimated yearly cost for DePaul is $28,075 for illinois applied economics students whose families make $48-$75k.

The low student loan default rate of 4.5% 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%.

Full DePaul Applied Economics Report

• Best Value Colleges for Applied Economics (Income $48-$75k) in the Great Lakes Region
• Best Value Colleges for Applied Economics (Income $48-$75k)

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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