2023 Most Focused Colleges for Economics in Illinois
35
Ranked Colleges
2,155
Degrees Awarded
$28,500
Avg Cost*
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Schools Highly Focused on Economics Major in Illinois” ranking as one item you can use to help make this decision.
In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.
Across Illinois, there were 2,155 economics graduates with average earnings and debt of $51,939 and $23,350 respectively.
This year’s “Schools Highly Focused on Economics Major in Illinois” ranking looked at 35 colleges that offer degrees in a bachelor’s in economics. This a ranking of the schools where the largest percentage of students has enrolled in economics.
Check out our ranking methodology for more information.
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 “Schools Highly Focused on Economics Major in Illinois” list, to help you choose the best school for you.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Schools Highly Focused on Economics Major in Illinois
The following schools top our list of the Best “Schools Highly Focused on Economics Major in Illinois”.
Top 25 Most Focused Colleges for Economics in Illinois
You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2023 Schools Highly Focused on Economics Major in Illinois list. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 626 ’s economics degrees in 2020-2021.
The undergraduate 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. The low undergrad student loan default rate of 1.0% 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 100%, which means students like the school well enough to return for a second year.
Read more about Economics at University of Chicago
You’ll join some of the best and brightest minds around if you attend Principia College. The school came in at #2 for the Schools Highly Focused on Economics Major in Illinois. Principia is a small private not-for-profit school situated in Elsah, Illinois. It awarded 8 ’s economics degrees in 2020-2021.
Read more about Economics at Principia
You’ll join some of the best and brightest minds around if you attend Lake Forest College. The school came in at #3 for the Schools Highly Focused on Economics Major in Illinois. Lake Forest is located in Lake Forest, Illinois and, has a small student population. In 2020-2021, this school awarded 32 ’s economics degrees to qualified students.
The low undergrad student loan default rate of 1.3% 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 full report on Economics at Lake Forest College
You’ll join some of the best and brightest minds around if you attend Knox College. The school came in at #4 for the Schools Highly Focused on Economics Major in Illinois. Galesburg, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 20 students in 2020-2021.
With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive undergrad student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Knox College
You’ll be in good company if you decide to attend Monmouth College. It ranked #5 on our 2023 Schools Highly Focused on Economics Major in Illinois list. This small school is located in Monmouth, Illinois, and it awarded 13 ’s economics degrees in 2020-2021.
Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 2.3% 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 full report on Economics at Monmouth College
Northwestern University ranked #6 on this year’s Schools Highly Focused on Economics Major in Illinois list. Located in Evanston, Illinois, this large private not-for-profit school handed out 402 degrees to qualified ’s economics students in 2020-2021.
With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Northwestern University
With a ranking of #7, Wheaton College Illinois did quite well on the 2023 Schools Highly Focused on Economics Major in Illinois list. This small school is located in Wheaton, Illinois, and it awarded 35 ’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 0.5% 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 undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
Full Wheaton College Illinois Economics Report
University of Illinois at Urbana-Champaign came in at #8 in this year’s edition of the Schools Highly Focused on Economics Major in Illinois ranking. UIUC is a large public school situated in Champaign, Illinois. It awarded 563 ’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 2.3% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.
Read full report on Economics at University of Illinois at Urbana-Champaign
Illinois College landed the #9 spot on the 2023 Schools Highly Focused on Economics Major in Illinois ranking. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 10 ’s economics degrees in 2020-2021.
Read full report on Economics at Illinois College
Illinois Wesleyan University did quite well in the 2023 Schools Highly Focused on Economics Major in Illinois ranking, coming in at #10. Illinois Wesleyan is a small school located in Bloomington, Illinois that handed out 9 ’s economics degrees in 2020-2021.
The school has an impressive undergrad 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 87%, which means students like the school well enough to return for a second year.
Read full report on Economics at Illinois Wesleyan
McKendree University landed the #11 spot on the 2023 Schools Highly Focused on Economics Major in Illinois ranking. Located in Lebanon, Illinois, this small private not-for-profit school handed out 14 diplomas to qualified ’s economics students in 2020-2021.
The undergrad student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Full McKendree University Economics Report
Augustana College ranked #12 on this year’s Schools Highly Focused on Economics Major in Illinois list. Located in Rock Island, Illinois, this small private not-for-profit school handed out 17 diplomas to qualified ’s economics students in 2020-2021.
With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Augustana
North Central College ranked #13 on this year’s Schools Highly Focused on Economics Major in Illinois list. Naperville, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 16 students in 2020-2021.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Full North Central Economics Report
University of Illinois at Chicago did quite well in the 2023 Schools Highly Focused on Economics Major in Illinois ranking, coming in at #14. Located in Chicago, Illinois, this large public school awarded 129 diplomas to qualified ’s economics students in 2020-2021.
The undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at University of Illinois at Chicago
Olivet Nazarene University came in at #15 in this year’s edition of the Schools Highly Focused on Economics Major in Illinois ranking. Olivet Nazarene is a small school located in Bourbonnais, Illinois that handed out 19 ’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 2.7% 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%.
Full Olivet Nazarene Economics Report
Northeastern Illinois University ranked #16 on this year’s Schools Highly Focused on Economics Major in Illinois list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 19 students in 2020-2021.
Read more about Economics at Northeastern Illinois University
With a ranking of #17, Roosevelt University did quite well on the 2023 Schools Highly Focused on Economics Major in Illinois list. This small school is located in Chicago, Illinois, and it awarded 16 ’s economics degrees in 2020-2021.
Read more about Economics at Roosevelt
Dominican University ranked #18 on this year’s Schools Highly Focused on Economics Major in Illinois list. Dominican U is a private not-for-profit institution located in River Forest, Illinois. The school has a small population, and it awarded 8 ’s degrees in 2020-2021.
The low undergrad student loan default rate of 4.4% 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%. The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Economics at Dominican University
Illinois State University landed the #19 spot on the 2023 Schools Highly Focused on Economics Major in Illinois ranking. Illinois State University is a large school located in Normal, Illinois that handed out 45 ’s economics degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Illinois State University
DePaul University did quite well in the 2023 Schools Highly Focused on Economics Major in Illinois ranking, coming in at #20. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 45 ’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 3.7% 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%.
Read more about Economics at DePaul
Southern Illinois University Carbondale ranked #21 on this year’s Schools Highly Focused on Economics Major in Illinois list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s economics degrees to 24 students in 2020-2021.
Full Southern Illinois University Carbondale Economics Report
Western Illinois University landed the #22 spot on the 2023 Schools Highly Focused on Economics Major in Illinois ranking. WIU is a medium-sized school located in Macomb, Illinois that handed out 14 ’s economics degrees in 2020-2021.
Read full report on Economics at Western Illinois University
Eastern Illinois University came in at #23 in this year’s edition of the Schools Highly Focused on Economics Major in Illinois ranking. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2020-2021, this school awarded 12 ’s economics degrees to qualified students.
Read more about Economics at Eastern Illinois University
Northern Illinois University did quite well in the 2023 Schools Highly Focused on Economics Major in Illinois ranking, coming in at #24. Located in Dekalb, Illinois, this fairly large public school awarded 27 degrees to qualified ’s economics students in 2020-2021.
Full Northern Illinois University Economics Report
Governors State University did quite well in the 2023 Schools Highly Focused on Economics Major in Illinois ranking, coming in at #25. Governors State University is a public institution located in University Park, Illinois. The school has a small population, and it awarded 6 ’s degrees in 2020-2021.
Read more about Economics at GSU
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