by our College Data Analytics TeamBelow are the key facts about the program, including its ranking, popularity, student demographics, and graduate outcomes. Also, learn how Illinois State University stacks up against peers offering economics.
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Illinois State University ranks competitively among schools offering economics. In particular, it placed #292 out of 466 schools by College Factual. It is also ranked #8 in Illinois.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools in Illinois | 8 |
| Best Economics Master’s Degree Schools in Illinois | 8 |
| Best Economics Schools in Illinois | 8 |
| Best Value Economics Bachelor’s Degree Schools in Illinois | 8 |
| Best Value Economics Master’s Degree Schools in Illinois | 8 |
| Best Value Economics Schools in Illinois | 8 |
| College Major Best Value | 8 |
| College Major Top Ranked | 8 |
| Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region | 29 |
| Best Value Economics Master’s Degree Schools in the Great Lakes Region | 29 |
| Best Value Economics Schools in the Great Lakes Region | 29 |
| College Major Best Value | 29 |
During the most recent reporting year, Illinois State University awarded 26 bachelor’s degrees in economics.
Economics majors who earn their bachelor’s degree from Illinois State University earn a median of $56,964 a year. This is lower than $58,604, the median for all majors at Illinois State University.
Earning a bachelor’s degree at Illinois State University, economics students accumulate a median of $25,000 in student loans. This is above $21,895, the typical median for all majors at Illinois State University.
Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $11,524 | $22,863 |
| Fees | $3,195 | $3,195 |
Read more about Illinois State University tuition and fees.
In the most recent graduating class, 85% of economics bachelor’s degrees went to men and 15% went to women.
The majority of economics bachelor’s degree graduates at Illinois State University are White. About 73% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Illinois State University with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 3 |
| White | 19 |
| Non-Resident Aliens | 1 |
| Other Races | 3 |
For the most recent academic year available, 41% of economics master’s degrees went to men and 59% went to women.
The largest share of economics master’s degree graduates at Illinois State University are Non-Resident Alien. Roughly 76% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Illinois State University with a master’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 3 |
| Non-Resident Aliens | 13 |
| Other Races | 1 |
Review the following statistics on the composition of the economics majors at Illinois State University.
The economics program at Illinois State University includes the following concentrations:
| Concentration | Annual Graduates |
|---|---|
| Econometrics and Quantitative Economics | 17 |
Illinois State University awarded 17 degrees in econometrics and quantitative economics recently — 59% to women and 41% to men. Most of these graduates identified as Non-Resident Alien (76%).