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2022 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in Illinois

6 Ranked Colleges
887 Degrees Awarded
$10,600 Avg Net Price*
Best Value Econometrics and Quantitative Economics Schools for a Bachelor's in Illinois For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. 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 Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Econometrics & Quantitative Economics is the 66th most popular major in the country with 15,671 degrees awarded in 2019-2020.

Across Illinois, there were 1,193 econometrics and quantitative economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 887 econometrics and quantitative economics graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking analyzed 6 colleges that offered a degree in econometrics and quantitative economics. This ranking identifies schools with high-quality econometrics and quantitative economics programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the econometrics and quantitative economics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

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 Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k” 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois bachelor’s degree econometrics and quantitative economics students whose families make $0-$30k.

Top 6 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics (Income $0-$30k) in Illinois

#1

University of Chicago

Chicago, Illinois
#1 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 423 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

UChicago also took the #1 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Chicago is $2,712 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year.

Full University of Chicago Econometrics & Quantitative Economics Report

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 331 bachelors’s econometrics and quantitative economics degrees to qualified students.

Northwestern also made our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list, coming in at #2. The estimated yearly cost for Northwestern is $1,866 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $0-$30k.

With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 0.8% 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read more about Econometrics & Quantitative Economics at Northwestern

#3 in overall quality

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 Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s econometrics and quantitative economics degrees to 54 students in 2019-2020.

UIUC also made our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list, coming in at #3. The estimated yearly cost for UIUC is $5,477 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $0-$30k.

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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read full report on Econometrics & Quantitative Economics at University of Illinois at Urbana-Champaign

#4

Wheaton College Illinois

Wheaton, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #4 for the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 40 bachelors’s econometrics and quantitative economics degrees to qualified students.

Wheaton College Illinois also made our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list, coming in at #4. It costs about $18,440 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $0-$30k per year to attend Wheaton College Illinois.

The low student loan default rate of 0.7% 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 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.

Full Wheaton College Illinois Econometrics & Quantitative Economics Report

#5

Lake Forest College

Lake Forest, Illinois
#5 in overall quality

You’ll be in good company if you decide to attend Lake Forest College. It ranked #5 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. This small school is located in Lake Forest, Illinois, and it awarded 21 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

Lake Forest did well in our major quality rankings, too. It placed #5 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Lake Forest College is $18,192 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $0-$30k.

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 more about Econometrics & Quantitative Economics at Lake Forest College

#6

Knox College

Galesburg, Illinois
#6 in overall quality

Knox College landed the #6 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Knox is a small school located in Galesburg, Illinois that handed out 18 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

Knox also took the #6 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,828 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $0-$30k per year to attend Knox College.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low student loan default rate of 4.8% 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%.

Read more about Econometrics & Quantitative Economics at Knox

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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.

Credits

  • Credit for the banner image above goes to pixabay.

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