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Best Economics Bachelor's Degree Schools in Illinois

2023 Best Economics Bachelor's Degree Schools in Illinois

24 Colleges
$47,696 Avg Salary
$22,047 Avg Student Debt

Finding the Best Economics Bachelor's Degree School for You

With 2,155 degrees and certificates handed out in 2020-2021, economics is the #13 most popular major in Illinois.

With all the programs available today, it can be tough to choose which one is the best for you. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.

The Best Economics Bachelor's Degree Schools in Illinois ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 24 schools in Illinois to see which ones offered the best bachelor's degree programs for students. Factors related to overall quality of the school, post-graduation earnings, average student debt, and more accumulated were considered when coming up with this list.

View our full ranking methodology.

2023 Best Economics Bachelor’s Degree Schools in Illinois

Check out the economics bachelor's degree programs at these schools if you want to get the best education that money can buy.

Top 10 Best Economics Bachelor's Degree Schools

#1

University of Chicago

Chicago, IL

Our analysis found University of Chicago to be the best school for economics students who want to pursue a bachelor’s degree in Illinois. UChicago is a large private not-for-profit school located in the city of Chicago.

On average, economics graduates from UChicago take out $16,046 in student loans while working on their Bachelor's Degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $708.

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#2

Northwestern University

Evanston, IL

The excellent bachelor’s degree programs at Northwestern University helped the school earn the #2 place on this year’s ranking of the best economics schools in Illinois. Located in the small city of Evanston, Northwestern is a private not-for-profit college with a fairly large student population.

On average, economics graduates from Northwestern take out $15,602 in student loans while working on their Bachelor's Degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $456.

Full Economics at Northwestern University Report

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A rank of #3 on this year’s list means Wheaton College Illinois is a great place for economics students working on their bachelor’s degree. Wheaton College Illinois is a small private not-for-profit school located in the suburb of Wheaton.

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Out of the 24 schools in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the # 4 spot on the list. Located in the small city of Champaign, UIUC is a public college with a very large student population.

On average, economics graduates from UIUC take out $18,203 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $392.

Full Economics at University of Illinois at Urbana-Champaign Report

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#5

Lake Forest College

Lake Forest, IL

You’ll be in good company if you decide to attend Lake Forest College. It ranked #5 on our 2023 Best Economics Bachelor’s Degree Schools in Illinois list. Located in the large suburb of Lake Forest, Lake Forest is a private not-for-profit school with a small student population.

Full Economics at Lake Forest College Report

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#6

Dominican University

River Forest, IL

Dominican University ranked #6 on this year’s Best Economics Bachelor’s Degree Schools in Illinois list. Located in the suburb of River Forest, Dominican U is a private not-for-profit school with a small student population.

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#7

Augustana College

Rock Island, IL

Augustana College came in at #7 in this year’s edition of the Best Economics Bachelor’s Degree Schools in Illinois ranking. Augustana is a small private not-for-profit school located in the small city of Rock Island.

Full Economics at Augustana College Report

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#8

North Central College

Naperville, IL

North Central College ranked #8 on this year’s Best Economics Bachelor’s Degree Schools in Illinois list. North Central is a small private not-for-profit school located in the city of Naperville.

Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $215.

Full Economics at North Central College Report

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With a ranking of #9, Western Illinois University did quite well on this year’s best schools for economics students working on their bachelor’s degree. Located in the town of Macomb, WIU is a public college with a medium-sized student population.

Full Economics at Western Illinois University Report

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Illinois State University ranked #10 on this year’s Best Economics Bachelor’s Degree Schools in Illinois list. Illinois State is a very large public school located in the suburb of Normal.

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Best Economics Colleges in the Great Lakes Region

Explore all the Best Economics Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 1,496
Ohio 1,136
Indiana 889
Wisconsin 1,225

Economics is one of 12 different types of programs to choose from.

Majors Similar to Economics

Related Major Annual Graduates
Political Science & Government 49,282
Sociology 38,475
General Social Sciences 18,997
International Relations & National Security 14,306
Anthropology 11,415

Notes and References

*These averages are for the top 24 schools only.

  • Read more about our ranking methodology.
  • 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 the rest 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).
  • Credit for the banner image above goes to pixabay.

More about our data sources and methodologies.

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