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2023 Most Veteran Friendly in Illinois for Economics for a Master’s

11 Ranked Colleges
259 Degrees Awarded
$73,992 Avg Salary
Most Veteran Friendly in Illinois for Economics for a Master's

Veterans have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Most Veteran Friendly in Illinois for Economics for a Master’s” ranking - to help you make that decision.

Economics is the 19th most popular major in the country with 49,055 degrees awarded in 2020-2021. 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 “Most Veteran Friendly in Illinois for Economics for a Master’s” ranking analyzed 11 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs as well as strong veteran support.

Some of the factors we look at when determining these rankings are overall quality of the economics program at the school, veteran affordability, and veteran population. 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 Veteran Friendly in Illinois for Economics for a Master’s” list to help you make the college decision.

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. 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.

Most Veteran Friendly in Illinois for Economics for a Master’s

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

Top 11 Best Economics Master’s Degree Colleges for Veterans in Illinois

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 Veteran Friendly in Illinois for Economics for a Master’s list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s economics degrees to 98 students in 2020-2021.

As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.According to our most recent data, University of Illinois at Urbana-Champaign supports 52,679 students, and 10 of those are GI Bill® students, of which 0 are Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $0. In addition to receiving other benefits, 0 students qualified for the Yellow Ribbon Program. Students may be able to receive credit for their military training, depending on their background.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low undergrad student loan default rate of [DEFAULT_RATE_STRING]% 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 University of Illinois at Urbana-Champaign Veteran Student Life Report

2
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 11 schools in the Most Veteran Friendly in Illinois for Economics for a Master’s that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 68 masters’s economics degrees in 2020-2021.

UChicago also made our “Best Economics Master’s Degree Schools in Illinois” list, coming in at #2.Among the 17,834 students enrolled at UChicago, 241 are GI Bill® students, according to our most recent data. Out of that number, 113 were Post-9/11 GI Bill® recipients. The average tuition and fees award for the Post-9/11 GI Bill® recipients was $18,948. On top of their other funding sources, 58 students received scholarships through the Yellow Ribbon Program.

The impressive undergraduate student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The low undergrad student loan default rate of [DEFAULT_RATE_STRING]% 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 veteran student life at University of Chicago]](/colleges/university-of-chicago/student-life/veterans/)

3

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #3 for the Most Veteran Friendly in Illinois for Economics for a Master’s. This fairly large school is located in Carbondale, Illinois, and it awarded 3 masters’s economics degrees in 2020-2021.

As a testament to the quality of education offered at SIUC, the school also landed the #7 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.According to our most recent data, Southern Illinois University Carbondale supports 11,366 students, and 1 of those are GI Bill® students, of which 0 are Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $0. To help with additional expenses, 0 students qualified for the Yellow Ribbon Program. Eligible students may be able to receive credit for their military training.

Full Southern Illinois University Carbondale Veteran Student Life Report

4

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2023 Most Veteran Friendly in Illinois for Economics for a Master’s list. Located in Chicago, Illinois, this large public school awarded 4 diplomas to qualified masters’s economics students in 2020-2021.

UIC also took the #4 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.According to our most recent data, University of Illinois at Chicago supports 33,518 students, and 1 of those are GI Bill® students, of which 1 are Post-9/11 GI Bill® recipients. The average tuition and fees award for the Post-9/11 GI Bill® recipients was $23,878. On top of their other funding sources, 0 students qualified for the Yellow Ribbon Program. Students may be able to receive credit for their military training, depending on their background.

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

[Read full report on veteran student life at UIC]](/colleges/university-of-illinois-at-chicago/student-life/veterans/)

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 Veteran Friendly in Illinois for Economics for a Master’s. Illinois State is a large public school situated in Normal, Illinois. It awarded 11 masters’s economics degrees in 2020-2021.

Illinois State also took the #5 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.Our most recent data shows that 530 of the 20,720 students enrolled at Illinois State University were GI Bill® students, of which 163 were Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $6,997. To help with additional expenses, 0 students qualified for the Yellow Ribbon Program. Illinois State University offers credit for military training for eligible students.

The low undergrad student loan default rate of [DEFAULT_RATE_STRING]% 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…

6
DePaul crest
DePaul University
Chicago, Illinois

DePaul University landed the #6 spot on the 2023 Most Veteran Friendly in Illinois for Economics for a Master’s ranking. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 20 students in 2020-2021.

DePaul also took the #6 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.Our most recent data shows that 528 of the 21,922 students enrolled at DePaul University were GI Bill® students, of which 367 were Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $14,957. During this same period, 101 students qualified for the Yellow Ribbon Program. Students may be able to receive credit for their military training, depending on their background.

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

Full DePaul University Veteran Student Life Report

7

Western Illinois University ranked #7 on this year’s Most Veteran Friendly in Illinois for Economics for a Master’s list. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 8 masters’s economics degrees in 2020-2021.

WIU did well in our major quality rankings, too. It placed #8 on our “Best Economics Master’s Degree Schools in Illinois” list.According to our most recent data, WIU supports 7,490 students, and 330 of those are GI Bill® students, of which 62 are Post-9/11 GI Bill® recipients. The average tuition and fees award for the Post-9/11 GI Bill® recipients was $4,652. In addition to receiving other benefits, 0 students qualified for the Yellow Ribbon Program. Eligible students may be able to receive credit for their military training.

Full Western Illinois University Veteran Student Life Report

8
Northwestern crest
Northwestern University
Evanston, Illinois

Northwestern University landed the #8 spot on the 2023 Most Veteran Friendly in Illinois for Economics for a Master’s ranking. This large school is located in Evanston, Illinois, and it awarded 32 masters’s economics degrees in 2020-2021.

Northwestern also made our “Best Economics Master’s Degree Schools in Illinois” list, coming in at #1.Among the 22,603 students enrolled at Northwestern University, 1 are GI Bill® students, according to our most recent data. Out of that number, 1 were Post-9/11 GI Bill® recipients. The average tuition and fees award for the Post-9/11 GI Bill® recipients was $399. To help with additional expenses, 0 students received scholarships through the Yellow Ribbon Program.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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 low undergrad student loan default rate of [DEFAULT_RATE_STRING]% 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 Northwestern University Veteran Student Life Report

9

Northern Illinois University ranked #9 on this year’s Most Veteran Friendly in Illinois for Economics for a Master’s list. This fairly large school is located in Dekalb, Illinois, and it awarded 3 masters’s economics degrees in 2020-2021.

NIU also took the #9 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.According to our most recent data, Northern Illinois University supports 16,769 students, and 480 of those are GI Bill® students, of which 207 are Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $7,822. In addition to receiving other benefits, 0 students received scholarships through the Yellow Ribbon Program.

[Read full report on veteran student life at Northern Illinois University]](/colleges/northern-illinois-university/student-life/veterans/)

10
Roosevelt crest
Roosevelt University
Chicago, Illinois

Roosevelt University did quite well in the 2023 Most Veteran Friendly in Illinois for Economics for a Master’s ranking, coming in at #10. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 6 students in 2020-2021.

As a testament to the quality of education offered at Roosevelt, the school also landed the #10 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.Among the 4,680 students enrolled at Roosevelt University, 95 are GI Bill® students, according to our most recent data. Out of that number, 43 were Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $12,071. In addition to receiving other benefits, 20 students qualified for the Yellow Ribbon Program. Roosevelt University offers credit for military training for eligible students.

Full Roosevelt University Veteran Student Life Report

11
EIU crest
Eastern Illinois University
Charleston, Illinois

With a ranking of #11, Eastern Illinois University did quite well on the 2023 Most Veteran Friendly in Illinois for Economics for a Master’s list. EIU is a public institution located in Charleston, Illinois. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2020-2021.

EIU also took the #11 spot in our “Best Economics Master’s Degree Schools in Illinois” ranking.Among the 8,626 students enrolled at EIU, 184 are GI Bill® students, according to our most recent data. Out of that number, 46 were Post-9/11 GI Bill® recipients. The average Post-9/11 GI Bill® award for tuition and fees at the school was $4,730. On top of their other funding sources, 0 students qualified for the Yellow Ribbon Program. Students may be able to receive credit for their military training, depending on their background.

Full Eastern Illinois University Veteran Student Life Report

Notes and References

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