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Best Economics Bachelor's Degree Schools in Illinois

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2023 Best Economics Bachelor's Degree Schools in Illinois

24 Colleges

Finding the Best Economics Bachelor's Degree School for You

Out of the majors we analyze each year, economics was ranked 4th in Illinois. In fact, 2,131 were awarded in the state in <nil>.

Today's business students have lots of options to pick from when considering higher education opportunities. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

The Best Economics Bachelor's Degree Schools in Illinois ranking is one of many tools that Business Degree Central 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 business 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. Located in the city of Chicago, UChicago is a private not-for-profit college with a fairly large student population.

While working on their Bachelor's Degree, economics majors at UChicago accumulate an average of around $14,165 in student debt.

Full Economics at University of Chicago Report

#2

Northwestern University

Evanston, IL

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2023 Best Economics Bachelor’s Degree Schools in Illinois list. Northwestern is a fairly large private not-for-profit school located in the small city of Evanston.

On average, economics graduates from Northwestern take out $15,952 in student loans while working on their Bachelor's Degree. This translates to an average monthly loan payment of $546, based on a 10-year repayment plan.

Full Economics at Northwestern University Report

You’ll join some of the best and brightest minds around you if you attend Wheaton College Illinois. The school came in at #3 on this year’s Best Economics Bachelor’s Degree Schools in Illinois list. Located in the large suburb of Wheaton, Wheaton College Illinois is a private not-for-profit college with a small student population.

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The excellent bachelor’s degree programs at University of Illinois at Urbana-Champaign helped the school earn the #4 place on this year’s ranking of the best economics schools in Illinois. UIUC is a fairly large public school located in the small city of Champaign.

While working on their Bachelor's Degree, economics majors at UIUC accumulate an average of around $18,364 in student debt. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $488.

Full Economics at University of Illinois at Urbana-Champaign Report

#5

Lake Forest College

Lake Forest, IL

The excellent bachelor’s degree programs at Lake Forest College helped the school earn the #5 place on this year’s ranking of the best economics schools in Illinois. Lake Forest is a small private not-for-profit school located in the suburb of Lake Forest.

Read full report on Economics at Lake Forest College

#6

Dominican University

River Forest, IL

Dominican University did quite well in this year’s ranking of the best places for economics students to get a bachelor’s degree. It came in at #6 on the list. Dominican U is a small private not-for-profit school located in the suburb of River Forest.

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#7

Augustana College

Rock Island, IL

With a ranking of #7, Augustana College did quite well on this year’s best schools for economics students working on their bachelor’s degree. Located in the city of Rock Island, Augustana is a private not-for-profit school with a small student population.

Read full report on Economics at Augustana College

#8

North Central College

Naperville, IL

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

Full Economics at North Central College Report

Western Illinois University came in at #9 in this year’s edition of the Best Economics Bachelor’s Degree Schools in Illinois ranking. WIU is a medium-sized public school located in the remote town of Macomb.

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Illinois State University came in at #10 in this year’s edition of the Best Economics Bachelor’s Degree Schools in Illinois ranking. Located in the medium-sized suburb of Normal, Illinois State is a public college with a very large student population.

Economics majors at Illinois State take out an average of $20,036 in student loans while working on their Bachelor's Degree.

Read full report on Economics at Illinois State University

Best Economics Colleges in the Great Lakes Region

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

State Degrees Awarded
Michigan 1,493
Ohio 1,134
Indiana 880
Wisconsin 1,225

Economics Focus Areas

Major Annual Graduates
General Economics 25,066
Econometrics & Quantitative Economics 21,078
Applied Economics 550
Development Economics & International Development 535
International Economics 305
Other Economics 275

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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