Economics Schools in Illinois
In 2020-2021, 2,155 students earned their Economics degrees in IL.
In this state, Economics is the 4th most popular major out of a total 28 majors commonly available.
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Education Levels of Economics Majors in Illinois
Economics majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,771 |
| Master’s Degree | 259 |
| Doctor’s Degree (Research / Scholarship) | 101 |
| Doctor’s Degree (Professional Practice) | 101 |
| Doctor’s Degree (Other) | 101 |
| Postbaccalaureate Certificate | 24 |
| Post-Master’s Certificate | 24 |
Gender Distribution
In Illinois, a economics major is more popular with men than with women.
Racial Distribution
The racial distribution of economics majors in Illinois is as follows:
- Asian: 16.0%
- Black or African American: 2.7%
- Hispanic or Latino: 9.4%
- White: 34.7%
- Non-Resident Alien: 32.2%
- Other Races: 5.0%
Jobs for Economics Grads in Illinois
There are 32,640 people in the state and 1,144,130 people in the nation working in economics jobs.
Wages for Economics Jobs in Illinois
In this state, economics grads earn an average of $90,080. Nationwide, they make an average of $115,590.
Most Popular Economics Programs in IL
There are 10 colleges in Illinois that offer economics degrees. Learn about the most popular 10 below:
The 1.00% student loan default rate is lower than average. This private institution charges an average net price of $28,517. Students enjoy a student to faculty ratio of 5 to 1.
70% of students get financical aid. It takes the average student 4.21 years to graduate. The 2.30% student loan default rate is lower than average.
66% of students get financical aid. Students enjoy a student to faculty ratio of 6 to 1. Graduates earn an average $67,867 after graduation.
Seeking financial aid? At this school, 85% of students receive it. Students enjoy a student to faculty ratio of 18 to 1. In their early career, UIC grads earn an average salary of $49,099.
19 to 1 is the student to faculty ratio. 94% of students are awarded financial aid at this school. It takes the average student 4.32 years to graduate.
Most students complete their degree in 4.21 years. The student to faculty ratio is 17 to 1. 49% of the teachers are full time.
Most students complete their degree in 4.08 years. This private institution charges an average net price of $25,692. Roughly six years after entering college, graduates of this school earn $46,794 a year.
This school boasts a lower than average student loan default rate of 1.30%. Of all the teachers who work at the school, 59% are considered full time. Of all the students who attend this school, 99% get financial aid.
Grads earn an average early-career salary of $43,408 after earning their degree at this institution. This public school has an average net price of $13,956. Of all the students who attend this school, 99% get financial aid.
Roughly six years after entering college, graduates of this school earn $39,852 a year. Students who attend this public school pay an average net price of $16,285. Of all the students who attend this school, 97% get financial aid.
Economics Careers in IL
Some of the careers economics majors go into include:
| Job Title | IL Job Growth | IL Median Salary |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 22% | $57,340 |
| Economists | 4% | $104,230 |
| Economics Professors | 0% | $110,310 |
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View Nationwide Economics Report
References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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