by our College Data Analytics TeamThere are lots of options to choose from today when trying to decide which school to attend. College Factual has developed its Best Master's Degree Colleges for the Money (Income Over $110k) in Illinois ranking as one thing you can use to help make this decision.
In This Year's Value Report:
Our analysis looked at 36 schools in Illinois to determine which ones have the best value Master's Degree programs. Our ranking for the best value schools is based on objective factors. We steer clear of subjective measures since they don't give a clear picture when determining how one school compares to another. We explain more about what we look at and why we do so below.
When determining the value of a school in our Best Master's Degree Colleges for the Money (Income Over $110k) in Illinois ranking, we first look at its average net price of a student coming from a family that makes over $110k a year. The net price is defined as the sum of room and board, tuition, and fees minus any financial aid that the student receives. In addition, the overall quality of a school is important to ensure a quality education, not just how much it costs.
To make it into this list a school must offer a quality education like the schools in our Best Colleges ranking. This ranking considers factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.
We go into more detail on these factors on our best value ranking methodology page.
You can scroll down to see the top schools for this ranking, but you may also want to view some of the other ranking methods listed below.
Know what field you want to major in? Make sure you check out our best value schools by major. In addition, you can select one of the links below to see the best value colleges for other degree levels.
Learn more about these excellent schools below:
Our 2024 rankings named Concordia University, Chicago the best value (income over $110k) school in Illinois for students working on their master’s degree. Concordia University, Chicago is a private not-for-profit institution located in River Forest, Illinois.
In addition to being included on this ranking as a good value, Concordia University, Chicago is ranked #5 for quality in the state of Illinois.
Out of the 36 master’s degree schools in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. This large public school is located in Champaign, Illinois.
In addition to being included on this ranking as a good value, University of Illinois at Urbana-Champaign is ranked #3 for quality in the state of Illinois.
Full University of Illinois at Urbana-Champaign Value Report
You’ll be in good company if you decide to attend National Louis University. It ranked #3 on our 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list. This medium-sized private not-for-profit school is located in Chicago, Illinois.
In addition to being included on this ranking as a good value, National Louis University is ranked #13 for quality in the state of Illinois.
You’ll be in good company if you decide to attend Governors State University. It ranked #4 on our 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list. Governors State University is a small public school located in University Park, Illinois.
Governors State University has the honor of being ranked #34 in Illinois for overall quality on top of being a good value.
A rank of #5 on our Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list means Aurora University is a great place for students working on their degree. Located in Aurora, Illinois, the school is a medium-sized private not-for-profit institution.
Aurora University has the honor of being ranked #8 in Illinois for overall quality on top of being a good value.
University of Illinois at Chicago landed the #6 spot on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. UIC is located in Chicago, Illinois and has a large student population. It is a public school.
Not only is University of Illinois at Chicago a great value, but it is also ranked #12 in Illinois for overall quality.
Saint Xavier University came in at #7 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. SXU is a small private not-for-profit school situated in Chicago, Illinois.
Not only is Saint Xavier University a great value, but it is also ranked #29 in Illinois for overall quality.
University of St Francis came in at #8 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. University of St Francis is a small private not-for-profit school located in Joliet, Illinois.
University of St Francis has the honor of being ranked #16 in Illinois for overall quality on top of being a good value.
Western Illinois University came in at #9 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. WIU is a medium-sized public school situated in Macomb, Illinois.
In addition to being included on this ranking as a good value, Western Illinois University is ranked #28 for quality in the state of Illinois.
University of Illinois at Springfield came in at #10 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. Springfield, Illinois is the setting for this small institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, University of Illinois at Springfield is ranked #32 for quality in the state of Illinois.
Learn More About Value at University of Illinois at Springfield
Eastern Illinois University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking, coming in at #11. Eastern Illinois University is a medium-sized public school located in Charleston, Illinois.
Not only is Eastern Illinois University a great value, but it is also ranked #27 in Illinois for overall quality.
Southern Illinois University Carbondale landed the #12 spot on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. Carbondale, Illinois is the setting for this fairly large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Southern Illinois University Carbondale is ranked #19 for quality in the state of Illinois.
Read full value report on Southern Illinois University Carbondale
Southern Illinois University Edwardsville did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking, coming in at #13. Located in Edwardsville, Illinois, the school is a fairly large public institution.
In addition to being included on this ranking as a good value, Southern Illinois University Edwardsville is ranked #30 for quality in the state of Illinois.
With a ranking of #14, Lewis University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list. Lewis is a private not-for-profit institution located in Romeoville, Illinois.
Lewis University has the honor of being ranked #20 in Illinois for overall quality on top of being a good value.
Dominican University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking, coming in at #15. This small private not-for-profit school is located in River Forest, Illinois.
In addition to being included on this ranking as a good value, Dominican University is ranked #21 for quality in the state of Illinois.
With a ranking of #16, Northern Illinois University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. It is a public school.
Not only is Northern Illinois University a great value, but it is also ranked #25 in Illinois for overall quality.
Olivet Nazarene University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking, coming in at #17. This small private not-for-profit school is located in Bourbonnais, Illinois.
Olivet Nazarene University has the honor of being ranked #17 in Illinois for overall quality on top of being a good value.
Illinois State University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking, coming in at #18. Illinois State University is a large public school located in Normal, Illinois.
Illinois State University has the honor of being ranked #11 in Illinois for overall quality on top of being a good value.
With a ranking of #19, University of Chicago did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list. University of Chicago is a fairly large private not-for-profit school located in Chicago, Illinois.
Not only is University of Chicago a great value, but it is also ranked #1 in Illinois for overall quality.
With a ranking of #20, North Park University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois list. North Park is located in Chicago, Illinois and has a small student population. It is a private not-for-profit school.
North Park University has the honor of being ranked #26 in Illinois for overall quality on top of being a good value.
Loyola University Chicago came in at #21 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. Loyola Chicago is located in Chicago, Illinois and has a fairly large student population. It is a private not-for-profit school.
Not only is Loyola University Chicago a great value, but it is also ranked #4 in Illinois for overall quality.
Illinois Institute of Technology came in at #22 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. Located in Chicago, Illinois, the school is a medium-sized private not-for-profit institution.
Illinois Institute of Technology has the honor of being ranked #7 in Illinois for overall quality on top of being a good value.
Benedictine University came in at #23 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. Located in Lisle, Illinois, the school is a small private not-for-profit institution.
Benedictine University has the honor of being ranked #15 in Illinois for overall quality on top of being a good value.
Trinity International University - Illinois came in at #24 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. This small private not-for-profit school is located in Deerfield, Illinois.
Trinity International University - Illinois has the honor of being ranked #33 in Illinois for overall quality on top of being a good value.
Learn More About Value at Trinity International University - Illinois
Bradley University landed the #25 spot on the 2024 Best Master’s Degree Colleges for the Money (Income Over $110k) in Illinois ranking. Bradley is a medium-sized private not-for-profit school situated in Peoria, Illinois.
Not only is Bradley University a great value, but it is also ranked #9 in Illinois for overall quality.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.
