Economics Schools in Illinois
In 2018-2019, 2,059 students earned their Economics degrees in IL.
An Economics major is the 4th most popular major in this state.
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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 | 1,749 |
| Master’s Degree | 215 |
| Doctor’s Degree (Research / Scholarship) | 94 |
| Doctor’s Degree (Professional Practice) | 94 |
| Doctor’s Degree (Other) | 94 |
| Postbaccalaureate Certificate | 1 |
| Post-Master’s Certificate | 1 |
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: 17.1%
- Black or African American: 3.7%
- Hispanic or Latino: 7.6%
- White: 39.1%
- Non-Resident Alien: 28.0%
- Other Races: 4.5%
Jobs for Economics Grads in Illinois
32,640 people in the state and 1,144,130 in the nation are employed in jobs related to economics.
Wages for Economics Jobs in Illinois
Economics grads earn an average of $90,080 in the state and $115,590 nationwide.
Most Popular Economics Programs in IL
There are 34 colleges in Illinois that offer economics degrees. Learn about the most popular 10 below:
Seeking financial aid? At this school, 62% of students receive it. This public college charges it's students an average net price of $17,302. The 1.90% student loan default rate is lower than average.
It takes the average student 4.06 years to graduate. Seeking financial aid? At this school, 61% of students receive it. Students who attend this private institution pay an average net price of $26,160.
66% of students get financical aid. Graduates earn an average $58,900 after graduation. The full-time teacher rate is 83%.
Most students complete their degree in 4.55 years. Of all the students who attend this school, 82% get financial aid. Roughly six years after entering college, graduates of this school earn $39,600 a year.
This school boasts a lower than average student loan default rate of 7.80%. The full-time teacher rate is 75%. Most students complete their degree in 4.59 years.
This private institution charges an average net price of $26,180. The student loan default rate of 0.90% is a good sign that graduates can afford their loan payments. The full-time teacher rate is 68%.
It takes the average student 4.19 years to graduate. The full-time teacher rate is 46%. Students enjoy a student to faculty ratio of 14 to 1.
Of all the teachers who work at the school, 77% are considered full time. It takes the average student 4.39 years to graduate. 86% of students are awarded financial aid at this school.
The student to faculty ratio is 11 to 1. An average student at Knox will pay a net price of $21,359. In their early career, Knox grads earn an average salary of $29,800.
Seeking financial aid? At this school, 93% of students receive it. Grads earn an average early-career salary of $33,200 after earning their degree at this institution. The full-time teacher rate is 83%.
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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