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2023 Most Well Attended Economics Major in Illinois for a Master’s

12 Ranked Colleges
259 Degrees Awarded
$73,992 Avg Salary
Most Well Attended Economics Major in Illinois for a Master's

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Most Well Attended Economics Major in Illinois for a Master’s” 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. At the master’s degree level specifically, there were 259 economics graduates with average earnings and debt of $59,317 and $0 respectively.

This year’s “Most Well Attended Economics Major in Illinois for a Master’s” ranking looked at 12 colleges that offer degrees in a bachelor’s in economics. This ranking identifies schools that graduate the most students in economics.

Check out our ranking methodology for more information.

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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 “Most Well Attended Economics Major in Illinois for a Master’s” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Most Well Attended Economics Major in Illinois for a Master’s

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

1

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2023 Most Well Attended Economics Major in Illinois for a Master’s list. UIUC is a large public school situated in Champaign, Illinois. It awarded 98 masters’s economics degrees in 2020-2021.

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

Full UIUC Economics Report

2
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 12 schools in the Most Well Attended Economics Major in Illinois for a Master’s that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 68 masters’s degrees in 2020-2021.

With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.

Read full report on Economics at UChicago

3
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #3 on our 2023 Most Well Attended Economics Major in Illinois for a Master’s list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 32 masters’s degrees in 2020-2021.

The low undergrad 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate student-to-faculty ratio of 6 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 Economics at Northwestern

4
DePaul crest
DePaul University
Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend DePaul University. The school came in at #4 for the Most Well Attended Economics Major in Illinois for a Master’s. Located in Chicago, Illinois, this large private not-for-profit school awarded 20 degrees to qualified masters’s economics students in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Full DePaul University Economics Report

5

You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #5 for the Most Well Attended Economics Major in Illinois for a Master’s. Located in Normal, Illinois, this large public school awarded 11 degrees to qualified masters’s economics students 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%.

Full Illinois State Economics Report

6

Western Illinois University ranked #6 on this year’s Most Well Attended Economics Major in Illinois for a Master’s list. This medium-sized school is located in Macomb, Illinois, and it awarded 8 masters’s economics degrees in 2020-2021.

Read full report on Economics at WIU

7
EIU crest
Eastern Illinois University
Charleston, Illinois

Eastern Illinois University came in at #7 in this year’s edition of the Most Well Attended Economics Major in Illinois for a Master’s ranking. This medium-sized school is located in Charleston, Illinois, and it awarded 6 masters’s economics degrees in 2020-2021.

Read more about Economics at EIU

7
Roosevelt crest
Roosevelt University
Chicago, Illinois

Roosevelt University did quite well in the 2023 Most Well Attended Economics Major in Illinois for a Master’s ranking, coming in at #7. Roosevelt is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 6 masters’s degrees in 2020-2021.

Read full report on Economics at Roosevelt

9

University of Illinois at Chicago landed the #9 spot on the 2023 Most Well Attended Economics Major in Illinois for a Master’s ranking. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2020-2021, this school awarded 4 masters’s economics degrees to qualified students.

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 more about Economics at University of Illinois at Chicago

10

With a ranking of #10, Northern Illinois University did quite well on the 2023 Most Well Attended Economics Major in Illinois for a Master’s list. Located in Dekalb, Illinois, this fairly large public school handed out 3 degrees to qualified masters’s economics students in 2020-2021.

Read more about Economics at Northern Illinois University

10

Southern Illinois University Carbondale landed the #10 spot on the 2023 Most Well Attended Economics Major in Illinois for a Master’s ranking. Southern Illinois University Carbondale is located in Carbondale, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 3 masters’s economics degrees to qualified students.

Read more about Economics at Southern Illinois University Carbondale

12

Southern Illinois University Edwardsville landed the #12 spot on the 2023 Most Well Attended Economics Major in Illinois for a Master’s ranking. Located in Edwardsville, Illinois, this fairly large public school awarded 12 degrees to qualified masters’s economics students in 2020-2021.

Read more about Economics at Southern Illinois University Edwardsville

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