Economics Schools in Illinois
384 students earned Economics degrees in Illinois in the 2020-2021 year.
In this state, Economics is the 34th most popular major out of a total 236 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 |
|---|---|
| Master’s Degree | 259 |
| Doctor’s Degree (Research / Scholarship) | 101 |
| Doctor’s Degree (Professional Practice) | 101 |
| Doctor’s Degree (Other) | 101 |
| Post-Master’s Certificate | 24 |
| Postbaccalaureate 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: 3.6%
- Black or African American: 1.0%
- Hispanic or Latino: 2.9%
- White: 15.1%
- Non-Resident Alien: 75.8%
- Other Races: 1.6%
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
A typical salary for a economics grad in the state is $90,080, compared to a typical salary of $115,590 nationwide.
Most Popular Economics Programs in IL
There are 11 colleges in Illinois that offer economics degrees. Learn about the most popular 11 below:
It takes the average student 4.07 years to graduate. The full-time teacher rate is 80%. Roughly six years after entering college, graduates of this school earn $62,671 a year.
The full-time teacher rate is 75%. In their early career, UIUC grads earn an average salary of $59,402. This public college charges it's students an average net price of $14,321.
It takes the average student 4.13 years to graduate. Grads earn an average early-career salary of $67,867 after earning their degree at this institution. The student loan default rate of 0.60% is a good sign that graduates can afford their loan payments.
The 3.70% student loan default rate is lower than average. The full-time teacher rate is 49%. Students enjoy a student to faculty ratio of 17 to 1.
Roughly six years after entering college, graduates of this school earn $49,099 a year. This public college charges it's students an average net price of $13,214. 18 to 1 is the student to faculty ratio.
In their early career, Illinois State grads earn an average salary of $47,399. 94% of students get financical aid. The average student takes 4.32 years to complete their degree at Illinois State.
Students who attend this public school pay an average net price of $13,956. The student to faculty ratio is 16 to 1. The student loan default rate is 5.90% which is lower than average.
13 to 1 is the student to faculty ratio. This school boasts a lower than average student loan default rate of 7.90%. Grads earn an average early-career salary of $40,223 after earning their degree at this institution.
This public college charges it's students an average net price of $16,285. The student to faculty ratio is 11 to 1. The student loan default rate is 7.80% which is lower than average.
A typical student attending EIU will pay a net price of $13,098. 98% of students are awarded financial aid at this school. The average student takes 4.35 years to complete their degree at EIU.
The student to faculty ratio is 11 to 1. The student loan default rate is 5.10% which is lower than average. Most students complete their degree in 4.33 years.
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 |
| Survey Researchers | 8% | $58,370 |
| Economists | 4% | $104,230 |
| Economics Professors | 0% | $110,310 |
Related Majors in Illinois
Below are some popular majors in the state that are similar to economics.
| Major | Annual Graduates in IL |
|---|---|
| General Social Sciences | 185 |
| International Relations & Security | 158 |
| Political Science & Government | 156 |
| Sociology | 100 |
| Anthropology | 69 |
| Geography & Cartography | 42 |
| Criminology | 12 |
| Urban Studies | 4 |
View all majors related to Economics
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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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