Best Colleges and Universities in Chicago, IL
The best colleges in Chicago, IL include University of Chicago, Illinois Institute of Technology, and University of Illinois Chicago, based on EDsmart's 2026 rankings of 19 local colleges and universities. Compare cost, graduation rates, and career outcomes below to find a fit.
Key Facts
- Chicago, IL has 19 colleges and universities in this ranking.
- Top-ranked school in Chicago, IL: University of Chicago.
- Median net price (city): $18,499. Median graduation rate: 52.6%.
- Data: U.S. Department of Education. Rankings by EDsmart (completion, affordability, support, career outcomes).
Colleges and Universities in Chicago, IL at a Glance
Top 5 Colleges in Chicago, IL
| Rank | School | Grade | Overall Rank |
|---|---|---|---|
| #1 | University of Chicago | A+ | #8 |
| #2 | Illinois Institute of Technology | A | #114 |
| #3 | University of Illinois Chicago | A- | #195 |
| #4 | Rush University | A- | #262 |
| #5 | Saint Xavier University | A- | #265 |
Quick Stats for Colleges in Chicago, IL
Top 5 colleges in each category. Click a school for its full profile.
Most Affordable Colleges in Chicago, IL
Colleges in Chicago, IL with Highest Graduation Rates
Colleges in Chicago, IL with Highest Graduate Earnings
- University of Chicago$102,231
- Illinois Institute of Technology$94,603
- Rush University$80,546
- The Chicago School at Chicago$79,929
- Loyola University Chicago$76,633
Best Colleges in Chicago, IL by Category
19 Best Colleges in Chicago, IL
All 19 schools below are sorted by overall EDsmart rank. Click a school for its full profile.
How We Rank Colleges in Chicago, IL
EDsmart's 2026 model weights four pillars equally—Completion, Affordability, Support, and Career Outcomes—using U.S. Department of Education metrics. Letter grades and the 0-100 EDsmart Score are cohort-relative (each school vs. the full ranked pool), not a fixed percentage of a raw point total.
Data Source: U.S. Department of Education (2025–26 institution data, October 15, 2026 release). Learn more about our methodology →
Citation: EDsmart rankings (methodology); school data from the U.S. Department of Education.
Frequently Asked Questions
What colleges are in Chicago, IL?
Chicago, IL has 19 colleges and universities in this EDsmart ranking, including University of Chicago.
How many colleges are in Chicago, IL?
Chicago, IL has 19 colleges and universities in this EDsmart ranking.
What is the best college in Chicago, IL?
The top-ranked college in Chicago, IL in our 2026 rankings is University of Chicago.
What are the best universities in Chicago, IL?
The best universities in Chicago, IL are led by University of Chicago. Use the ranked list on this page to compare tuition, acceptance rates, graduation rates, and earnings.
How does EDsmart rank colleges?
EDsmart ranks colleges on four pillars—completion, affordability, support, and career outcomes—using standardized federal data. Grades and scores are cohort-relative to all ranked schools (including the 0-100 EDsmart Score index). See our full methodology.
Where does the data come from?
School data comes from the U.S. Department of Education. EDsmart applies its own ranking methodology to produce grades and ranks.
How to Choose the Right College in Chicago, IL
Choosing a college is one of the most important decisions you'll make. For students considering Chicago, IL, there are 19 colleges and universities to choose from, each offering unique programs, campus cultures, and career outcomes. Learn how EDsmart ranks colleges by completion, affordability, support, and career outcomes.
What to Look for in Colleges in Chicago, IL
When evaluating colleges in Chicago, IL, consider these key factors:
- Graduation Rates: Look for schools with strong completion rates, indicating students receive the support needed to finish their degrees.
- Affordability: Compare net prices after financial aid, not just sticker prices. Many Chicago, IL colleges offer generous aid packages.
- Career Outcomes: Research median earnings and employment rates for graduates from each institution.
- Campus Culture: Consider school size, student-faculty ratios, and retention rates to find your best fit.
Types of Colleges and Universities in Chicago, IL
Chicago, IL offers a diverse range of higher education options:
- Public Universities: State-funded institutions offering lower tuition for in-state residents
- Private Nonprofit Colleges: Independent institutions often with smaller class sizes and specialized programs
- Specialized Schools: Institutions focused on specific fields like arts, technology, or healthcare
Comparing Colleges and Universities in Chicago, IL
Students often compare schools in Chicago, IL on graduation rate, net price after aid, acceptance rate, and median earnings after graduation. The ranked list above shows all 19 local options on the same EDsmart scale so you can weigh affordability against outcomes.
Financial Aid and Scholarships for Colleges in Chicago, IL
Many colleges in Chicago, IL offer financial aid packages that can significantly reduce the cost of attendance. Be sure to:
- Complete the FAFSA to qualify for federal aid
- Research institution-specific scholarships
- Use each school's net price calculator for accurate cost estimates
- Compare financial aid offers from multiple Chicago, IL colleges
Next Steps for Choosing a College in Chicago, IL
Once you've reviewed our rankings of colleges in Chicago, IL:
- Visit campus websites to learn about specific programs
- Schedule campus tours or virtual visits
- Contact admissions offices with questions
- Compare detailed profiles for your top choices
- Use net price calculators to understand true costs
Remember: The best college for you depends on your academic interests, career goals, financial situation, and personal preferences. Use our rankings methodology as a starting point, then dive deeper into the schools that interest you most. Each college in Chicago, IL offers unique opportunities—find the one that aligns with your goals.
Schools Near Chicago, IL
Top-ranked colleges and universities in nearby cities in IL.
University of Illinois Urbana-Champaign
Saint Anthony College of Nursing
Nearby Cities
Colleges and universities in other cities in IL.