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Economics in Illinois

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Economics Schools in Illinois

2,222 Economics students earned their degrees in the state in <nil>.

In this state, Economics is the 4th most popular major out of a total 28 majors commonly available.

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 1,807
Master’s Degree 268
Doctor’s Degree (Research / Scholarship) 115
Doctor’s Degree (Professional Practice) 115
Doctor’s Degree (Other) 115
Post-Master’s Certificate 32
Postbaccalaureate Certificate 32

Gender Distribution

In Illinois, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in Illinois is as follows:

  • Asian: 18.2%
  • Black or African American: 2.7%
  • Hispanic or Latino: 9.5%
  • White: 33.3%
  • Non-Resident Alien: 30.9%
  • Other Races: 5.4%
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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.

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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.

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There are 10 colleges in Illinois that offer economics degrees. Learn about the most popular 10 below:

602 Degrees in Major Awarded
95% Graduation Rate
18,832 Total Students

Students enjoy a student to faculty ratio of 5 to 1. 58% of students get financical aid. 86% of the teachers are full time.

563 Degrees in Major Awarded
85% Graduation Rate
56,607 Total Students

21 to 1 is the student to faculty ratio. In their early career, UIUC grads earn an average salary of $63,509. Seeking financial aid? At this school, 85% of students receive it.

402 Degrees in Major Awarded
94% Graduation Rate
23,409 Total Students

66% of students get financical aid. In their early career, Northwestern grads earn an average salary of $72,370. Students enjoy a student to faculty ratio of 6 to 1.

129 Degrees in Major Awarded
61% Graduation Rate
34,199 Total Students

19 to 1 is the student to faculty ratio. This school boasts a lower than average student loan default rate of 0.70%. Graduates earn an average $52,246 after graduation.

#5

DePaul University

Chicago
45 Degrees in Major Awarded
74% Graduation Rate
21,670 Total Students

An average student at DePaul will pay a net price of $29,537. Of all the teachers who work at the school, 48% are considered full time. The 1.00% student loan default rate is lower than average.

45 Degrees in Major Awarded
70% Graduation Rate
20,233 Total Students

95% of students are awarded financial aid at this school. It takes the average student 4.32 years to graduate. Students who attend this public school pay an average net price of $20,579.

35 Degrees in Major Awarded
89% Graduation Rate
3,047 Total Students

68% of the teachers are full time. 11 to 1 is the student to faculty ratio. 94% of students are awarded financial aid at this school.

#8

Lake Forest College

Lake Forest
32 Degrees in Major Awarded
77% Graduation Rate
1,690 Total Students

It takes the average student 4.08 years to graduate. Of all the students who attend this school, 100% get financial aid. Students enjoy a student to faculty ratio of 12 to 1.

27 Degrees in Major Awarded
49% Graduation Rate
16,234 Total Students

73% of the teachers are full time. Students who attend this public school pay an average net price of $14,266. The student to faculty ratio is 15 to 1.

24 Degrees in Major Awarded
48% Graduation Rate
11,266 Total Students

Most students complete their degree in 4.40 years. 95% of students are awarded financial aid at this school. The student loan default rate of 2.40% is a good sign that graduates can afford their loan payments.

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

View Nationwide Economics Report

References

More about our data sources and methodologies.

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