2023 Best Value Economics Doctor's Degree Schools in Illinois
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics Doctor's Degree School for You
Economics is the #34 most popular major in Illinois with 384 degrees and certificates awarded in 2020-2021.
There are lots of options to pick from today when trying to decide which program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.
Along with in-depth profiles of schools and the programs they offer, Grad Degree Search has created the Best Value Economics Doctor's Degree Schools in Illinois to help you in your search for the best school for you. This report analyzed 6 schools in Illinois to see which ones offered the best value doctor's degree programs for economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.
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2023 Best Value Economics Doctor’s Degree Schools in Illinois
The following schools top our list of the Best Value Economics Doctor's Degree Colleges.
Best Illinois Schools for Affordable Quality for a Doctorate in Economics
Our analysis found Northern Illinois University to be the best value school for economics students who want to pursue a doctor’s degree in Illinois. NIU is a large public school located in the small suburb of Dekalb.
In-state tuition fees for graduate students at NIU are $11,390 per year.
You’ll join some of the best and brightest minds around you if you attend University of Illinois at Urbana-Champaign. The school came in at #2 on this year’s Best Value Economics Doctor’s Degree Schools in Illinois list. Located in the small city of Champaign, UIUC is a public school with a fairly large student population.
The average tuition and fees for an in-state graduate student at UIUC are $17,823 a year.
UIUC also took the #4 spot in our Best Economics Doctor’s Degree Schools in Illinois rankings.
Read full report on Economics at University of Illinois at Urbana-Champaign
You’ll join some of the best and brightest minds around you if you attend Southern Illinois University Carbondale. The school came in at #3 on this year’s Best Value Economics Doctor’s Degree Schools in Illinois list. SIUC is a large public school located in the small city of Carbondale.
The average tuition and fees for an in-state graduate student at SIUC are $16,162 a year.
A rank of #4 on this year’s list means University of Illinois at Chicago is a great value for economics students working on their doctor’s degree. UIC is a very large public school located in the large city of Chicago.
UIC graduate students pay an average of $17,277 in in-state tuition and fees each year.
You’ll join some of the best and brightest minds around you if you attend Northwestern University. The school came in at #5 on this year’s Best Value Economics Doctor’s Degree Schools in Illinois list. Located in the small city of Evanston, Northwestern is a private not-for-profit college with a fairly large student population.
The average tuition and fees for an in-state graduate student at Northwestern are $56,567 a year.
Northwestern not only placed well in our value ranking, but it is also #1 on our Best Economics Doctor’s Degree Schools in Illinois list.
University of Chicago landed the #6 spot in the 2023 rankings for the best value doctor’s degree economics programs. UChicago is a large private not-for-profit school located in the large city of Chicago.
UChicago graduate students pay an average of $63,936 in in-state tuition and fees each year.
UChicago did well in our overall quality rankings, too. It placed #2 on our Best Economics Doctor’s Degree Schools in Illinois list.
Best Value Economics Colleges in the Great Lakes Region
Explore all the Best Value Economics Colleges in the Great Lakes Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Michigan | 231 |
| Ohio | 199 |
| Indiana | 97 |
| Wisconsin | 265 |
More Economics Rankings in Illinois
Economics Related Majors for Economics
Economics is one of 12 different types of programs to choose from.
Most Popular Majors Related to Economics
| Related Major | Annual Graduates |
|---|---|
| International Relations & National Security | 5,010 |
| Political Science & Government | 2,664 |
| Geography & Cartography | 2,315 |
| Sociology | 1,907 |
| Anthropology | 1,446 |
Notes and References
*These averages are for the top 6 schools only.
- 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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