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2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois

6 Ranked Colleges
887 Degrees Awarded
$23,700 Avg Net Price*
Best Value Econometrics and Quantitative Economics Schools for a Bachelor's in Illinois

With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois” ranking.

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” 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the econometrics and quantitative economics program at the school. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois

The colleges and universities below are the best for illinois bachelor’s degree econometrics and quantitative economics students.

Top 6 Best Value Bachelor’s Degree Colleges for Econometrics & Quantitative Economics in Illinois

#3 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. This large school is located in Champaign, Illinois, and it awarded 54 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree econometrics and quantitative economics students list, UIUC has also earned the #3 rank in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend UIUC is $15,880 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students.

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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

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

#2

Wheaton College Illinois

Wheaton, Illinois
#4 in overall quality

You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #2 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois list. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 40 bachelors’s degrees in 2019-2020.

Wheaton College Illinois did well in our major quality rankings, too. It placed #4 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. It costs about $25,358 for illinois bachelor’s degree econometrics and quantitative economics students per year to attend Wheaton College Illinois.

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. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.

Full Wheaton College Illinois Econometrics & Quantitative Economics Report

#3

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 #3 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois list. Lake Forest College is a small school located in Lake Forest, Illinois that handed out 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 is $26,426 for illinois bachelor’s degree econometrics and quantitative economics students.

The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read more about Econometrics & Quantitative Economics at Lake Forest

#4

Knox College

Galesburg, Illinois
#6 in overall quality

You’ll be in good company if you decide to attend Knox College. It ranked #4 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois list. Knox is a private not-for-profit institution located in Galesburg, Illinois. The school has a small population, and it awarded 18 bachelors’s degrees in 2019-2020.

Knox also took the #6 spot in our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Knox is $22,292 for illinois bachelor’s degree econometrics and quantitative economics students.

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%. 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.

Full Knox Econometrics & Quantitative Economics Report

#5

University of Chicago

Chicago, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend University of Chicago. It ranked #5 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois list. UChicago is a fairly large school located in Chicago, Illinois that handed out 423 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

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 $27,315 for illinois bachelor’s degree econometrics and quantitative economics students per year to attend University of Chicago.

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%. The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 100%, the school does an excellent job of retaining its students.

Read more about Econometrics & Quantitative Economics at University of Chicago

#5

Northwestern University

Evanston, Illinois
#2 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Bachelor’s in Illinois that were part of this year’s ranking, Northwestern University landed the #5 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 331 bachelors’s econometrics and quantitative economics degrees in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #2 on our “Best Econometrics & Quantitative Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Northwestern University is $24,664 for Illinois Bachelor’s Degree Econometrics and Quantitative Economics students.

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. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Full Northwestern 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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