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2022 Best Value Bachelor’s Degree Colleges for General Economics (Income Over $110k) in Illinois

22 Ranked Colleges
857 Degrees Awarded
$26,600 Avg Net Price*
Best Vallue General Economics Schools for a Bachelor's in Illinois For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.

Across Illinois, there were 901 general economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 857 general economics graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking, we looked at 22 colleges that offer a degree in general economics. The schools that top this list are recognized because they have great general economics programs and cost less that 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 general economics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k” 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.

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Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k

The colleges and universities below are the best for illinois bachelor’s degree general economics students whose families make more than $110k.

Top 22 Best Value Bachelor’s Degree Colleges for General Economics (Income Over $110k) in Illinois

#2 in overall quality

Out of the 22 schools in the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 436 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,880 for illinois bachelor’s degree general economics students whose families make more than $110k per year to attend University of Illinois at Urbana-Champaign.

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 student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Full University of Illinois at Urbana-Champaign General Economics Report

#9 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Springfield. The school came in at #2 for the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k. UIS is a small school located in Springfield, Illinois that handed out 4 bachelors’s general economics degrees in 2019-2020.

UIS not only placed well in this ranking. It is also #9 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend UIS is $12,477 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

Read more about General Economics at University of Illinois at Springfield

#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 99 bachelors’s general economics degrees in 2019-2020.

UIC also took the #4 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend UIC is $13,312 for illinois bachelor’s degree general economics students whose families make more than $110k.

The low student loan default rate of 3.4% 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 UIC General Economics Report

#4

Northern Illinois University

Dekalb, Illinois
#14 in overall quality

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #4 for the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k. This fairly large school is located in Dekalb, Illinois, and it awarded 24 bachelors’s general economics degrees in 2019-2020.

NIU also made our “Best General Economics Bachelor’s Degree Schools in Illinois” list, coming in at #14. It costs about $18,259 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k per year to attend NIU.

Read more about General Economics at NIU

#5

Eastern Illinois University

Charleston, Illinois
#17 in overall quality

You’ll join some of the best and brightest minds around if you attend Eastern Illinois University. The school came in at #5 for the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k. This medium-sized school is located in Charleston, Illinois, and it awarded 3 bachelors’s general economics degrees in 2019-2020.

EIU not only placed well in this ranking. It is also #17 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for EIU is $14,607 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

Full EIU General Economics Report

#15 in overall quality

Southern Illinois University Edwardsville came in at #6 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 9 bachelors’s general economics degrees to qualified students.

SIUE did well in our major quality rankings, too. It placed #15 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. It costs about $14,423 for illinois bachelor’s degree general economics students whose families make more than $110k per year to attend SIUE.

Read full report on General Economics at SIUE

#7

Western Illinois University

Macomb, Illinois
#13 in overall quality

Western Illinois University ranked #7 on this year’s Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s general economics degrees to 8 students in 2019-2020.

WIU also made our “Best General Economics Bachelor’s Degree Schools in Illinois” list, coming in at #13. The estimated yearly cost for WIU is $16,210 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

Read more about General Economics at WIU

#8

Dominican University

River Forest, Illinois
#10 in overall quality

Dominican University landed the #8 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. This small school is located in River Forest, Illinois, and it awarded 6 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at Dominican U, the school also landed the #10 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $19,268 for illinois bachelor’s degree general economics students whose families make more than $110k per year to attend Dominican U.

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.

Full Dominican U General Economics Report

#9

Olivet Nazarene University

Bourbonnais, Illinois
#12 in overall quality

Olivet Nazarene University landed the #9 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Olivet Nazarene is a small school located in Bourbonnais, Illinois that handed out 33 bachelors’s general economics degrees in 2019-2020.

Olivet Nazarene not only placed well in this ranking. It is also #12 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Olivet Nazarene is $20,195 for illinois bachelor’s degree general economics students whose families make more than $110k.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at Olivet Nazarene

#20 in overall quality

With a ranking of #10, Southern Illinois University Carbondale did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. SIUC is a fairly large school located in Carbondale, Illinois that handed out 13 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at SIUC, the school also landed the #20 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,945 for illinois bachelor’s degree general economics students whose families make more than $110k per year to attend SIUC.

Read more about General Economics at SIUC

#11

Northwestern University

Evanston, Illinois
#1 in overall quality

Northwestern University did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking, coming in at #11. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 7 bachelors’s general economics degrees to qualified students.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Northwestern is $24,664 for illinois bachelor’s degree general economics students whose families make more than $110k.

With a freshman retention rate of 97%, the school does an excellent job of retaining its 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. 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 General Economics Report

#12

Illinois College

Jacksonville, Illinois
#16 in overall quality

Illinois College ranked #12 on this year’s Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Illinois College is located in Jacksonville, Illinois and, has a small student population. In 2019-2020, this school awarded 14 bachelors’s general economics degrees to qualified students.

In addition to being on our illinois bachelor’s degree general economics students whose families make more than $110k list, Illinois College has also earned the #16 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois College is $16,562 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

Full Illinois College General Economics Report

#13

Illinois State University

Normal, Illinois
#7 in overall quality

With a ranking of #13, Illinois State University did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s general economics degrees to 46 students in 2019-2020.

Illinois State also took the #7 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois State University is $20,895 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at Illinois State University

#14

Augustana College

Rock Island, Illinois
#5 in overall quality

Augustana College did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking, coming in at #14. Located in Rock Island, Illinois, this small private not-for-profit school handed out 8 degrees to qualified bachelors’s general economics students in 2019-2020.

In addition to being on our illinois bachelor’s degree general economics students whose families make more than $110k list, Augustana has also earned the #5 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Augustana is $23,874 for illinois bachelor’s degree general economics students whose families make more than $110k.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.

Read more about General Economics at Augustana College

#15

McKendree University

Lebanon, Illinois
#19 in overall quality

McKendree University landed the #15 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. McKendree University is a small school located in Lebanon, Illinois that handed out 17 bachelors’s general economics degrees in 2019-2020.

McKendree also took the #19 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for McKendree is $19,844 for illinois bachelor’s degree general economics students whose families make more than $110k.

Full McKendree General Economics Report

#16

North Central College

Naperville, Illinois
#6 in overall quality

North Central College ranked #16 on this year’s Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. North Central is a small school located in Naperville, Illinois that handed out 31 bachelors’s general economics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree general economics students whose families make more than $110k list, North Central has also earned the #6 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for North Central College is $24,786 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

The student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at North Central

#17

Elmhurst University

Elmhurst, Illinois
#11 in overall quality

Elmhurst University landed the #17 spot on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Elmhurst University is a private not-for-profit institution located in Elmhurst, Illinois. The school has a small population, and it awarded 11 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree general economics students whose families make more than $110k list, Elmhurst has also earned the #11 rank in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Elmhurst is $21,485 for illinois bachelor’s degree general economics students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at Elmhurst

#18

Bradley University

Peoria, Illinois
#8 in overall quality

Bradley University did quite well in the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking, coming in at #18. This medium-sized school is located in Peoria, Illinois, and it awarded 5 bachelors’s general economics degrees in 2019-2020.

Bradley also took the #8 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $25,634 for illinois bachelor’s degree general economics students whose families make more than $110k per year to attend Bradley.

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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Full Bradley University General Economics Report

#19

Roosevelt University

Chicago, Illinois
#22 in overall quality

Roosevelt University came in at #19 in this year’s edition of the Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. This small school is located in Chicago, Illinois, and it awarded 5 bachelors’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at Roosevelt, the school also landed the #22 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Roosevelt is $22,749 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

Read more about General Economics at Roosevelt University

#20

Rockford University

Rockford, Illinois
#23 in overall quality

With a ranking of #20, Rockford University did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Located in Rockford, Illinois, this small private not-for-profit school awarded 1 degrees to qualified bachelors’s general economics students in 2019-2020.

Rockford also took the #23 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,197 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k per year to attend Rockford.

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.

Read more about General Economics at Rockford University

#21

Illinois Wesleyan University

Bloomington, Illinois
#3 in overall quality

With a ranking of #21, Illinois Wesleyan University did quite well on the 2022 Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Illinois Wesleyan University is a private not-for-profit institution located in Bloomington, Illinois. The school has a small population, and it awarded 14 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Illinois Wesleyan, the school also landed the #3 spot in our “Best General Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $26,039 for illinois bachelor’s degree general economics students whose families make more than $110k per year to attend Illinois Wesleyan University.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.4% 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 General Economics at Illinois Wesleyan University

#22

DePaul University

Chicago, Illinois
#18 in overall quality

DePaul University ranked #22 on this year’s Best Vallue General Economics Schools for a Bachelor’s in Illinois For Those Making Over $110k list. DePaul University is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 25 bachelors’s general economics degrees to qualified students.

DePaul not only placed well in this ranking. It is also #18 on our “Best General Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend DePaul University is $30,090 for Illinois Bachelor’s Degree General Economics students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read more about General Economics at DePaul

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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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