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2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k

6 Ranked Colleges
887 Degrees Awarded
Best Value Econometrics and Quantitative Economics Schools for a Bachelor's in Illinois For Those Making $48-$75k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking is part of that endeavor.

In 2019-2020, 15,671 people earned their degree in econometrics and quantitative economics, making the major the 66th most popular in the United States.

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.

For this year’s “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking, we looked at 6 colleges that offer 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.

More Ways to Rank Econometrics & Quantitative Economics Schools

The econometrics and quantitative economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois bachelor’s degree econometrics and quantitative economics students whose families make $48-$75k.

Top 6 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics (Income $48-$75k) 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 $48-$75k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 423 bachelors’s econometrics and quantitative economics degrees to qualified students.

UChicago not only placed well in this ranking. It is also #1 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. It costs about $7,934 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $48-$75k per year to attend University of Chicago.

The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. 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 student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Econometrics & Quantitative Economics at University of Chicago

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 for the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k. This large school is located in Evanston, Illinois, and it awarded 331 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

Northwestern also took the #2 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $6,452 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $48-$75k.

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.

Full Northwestern University Econometrics & Quantitative Economics Report

#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 $48-$75k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 54 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #3 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend UIUC is $13,351 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $48-$75k.

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

Read full report on Econometrics & Quantitative Economics at UIUC

#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 $48-$75k. Wheaton College Illinois is a small private not-for-profit school situated in Wheaton, Illinois. It awarded 40 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

Wheaton College Illinois not only placed well in this ranking. It is also #4 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Wheaton College Illinois is $19,691 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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.

Full Wheaton College Illinois Econometrics & Quantitative Economics Report

#5

Knox College

Galesburg, Illinois
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Knox College. The school came in at #5 for the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k. Located in Galesburg, Illinois, this small private not-for-profit school handed out 18 diplomas to qualified bachelors’s econometrics and quantitative economics students in 2019-2020.

In addition to being on our illinois bachelor’s degree econometrics and quantitative economics students whose families make $48-$75k list, Knox has also earned the #6 rank in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Knox is $19,653 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 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.

Read full report on Econometrics & Quantitative Economics at Knox

#6

Lake Forest College

Lake Forest, Illinois
#5 in overall quality

Lake Forest College did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #6. Lake Forest, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s econometrics and quantitative economics degrees to 21 students 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. It costs about $24,683 for illinois bachelor’s degree econometrics and quantitative economics students whose families make $48-$75k 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%.

Full Lake Forest College Econometrics & Quantitative Economics Report

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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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