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University of Illinois Urbana-Champaign vs University of Chicago: which has better ROI?

Public, Champaign IL · vs · Private nonprofit, Chicago IL

The verdict

University of Chicago has the better ROI: it clears its 4-year net cost of $59,440 in 1.4 years versus 1.8 years at University of Illinois Urbana-Champaign, on median earnings of $91,885 vs $81,054 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of Illinois Urbana-ChampaignUniversity of Chicago
Net price / yr$14,355$14,860
Total net cost$57,420$59,440
Median earnings, 10 yrs$81,054$91,885
Median debt$19,500$15,000
Payback1.8 yrs1.4 yrs
20-year net return$596,460$811,060

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, University of Illinois Urbana-Champaign or University of Chicago?

University of Illinois Urbana-Champaign, at $14,355 a year after aid versus $14,860 — a gap of $505 a year, or $2,020 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do University of Illinois Urbana-Champaign or University of Chicago graduates earn more?

University of Chicago graduates report a median $91,885 ten years after entry, $10,831 more than the $81,054 at University of Illinois Urbana-Champaign. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, University of Illinois Urbana-Champaign or University of Chicago?

University of Chicago: its completers carry a median $15,000 in federal loans versus $19,500 at University of Illinois Urbana-Champaign, a difference of $4,500. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

96% of students finish at University of Chicago, against 85% at University of Illinois Urbana-Champaign. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

University of Illinois Urbana-Champaign vs University of Chicago: frequently asked questions

Is University of Illinois Urbana-Champaign or University of Chicago a better value?
University of Chicago. It clears its $59,440 net cost in about 1.4 years versus 1.8 years at University of Illinois Urbana-Champaign, on median earnings of $91,885 vs $81,054 ten years out.
Which is cheaper, University of Illinois Urbana-Champaign or University of Chicago?
University of Illinois Urbana-Champaign: $14,355/yr net price after aid versus $14,860/yr at University of Chicago — a difference of $505 a year, or about $2,020 over four years.
Do University of Illinois Urbana-Champaign or University of Chicago graduates earn more?
University of Chicago graduates earn a median $91,885 ten years after entry, versus $81,054 at University of Illinois Urbana-Champaign — a $10,831 gap. This blends every major, so a specific field can flip it.