About the Colleges & Universities in Illinois Market Research Report
What’s Included in the Colleges & Universities in Illinois Market Research Report
Definition of the Colleges & Universities in Illinois?
This industry includes public and private universities and colleges that offer academic courses and grant baccalaureate or graduate degrees. The requirement for admission is a high school diploma or equivalent general academic training. Instruction is typically provided on physical campuses, although online education and other unorthodox settings are gaining popularity. This industry does not include for-profit institutions or community colleges.
What’s included in the Colleges & Universities in Illinois?
The Colleges & Universities in Illinois includes providing higher education at colleges (except community colleges), providing higher education at universities, providing higher education at theological seminaries offering baccalaureate or graduate degrees, providing higher education at professional schools, such as business administration, dental, law and medical and providing higher education at college level military academies. Related terms covered in the Colleges & Universities in Illinois industry report includes programs authorized under title iv of the higher education act that are the major source of federal student aid. they include loans, grants and federal work-study programs, the sum of money and other assets that have been donated to an institution. these funds are typically used in financial investments to yield additional income, tests that certify the taker has high school-level academic skills and an online course aimed at unlimited participation and open access via the internet.
Industry Performance of the Colleges & Universities industry in Illinois
Benchmark the Colleges & Universities in Illinois industry performance with all IL county and national performance.
Colleges & Universities in Illinois
#5 in Highest Revenue 5.8% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Colleges & Universities in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Colleges & Universities industry in Illinois
See how key industry drivers, such as population, bachelorsed, net migration, demand from donations, grants and endowment, government funding for universities and high school retention rate are impacting Colleges & Universities in Illinois
Illinois Economic Indicators
Population
BachelorsEd
Net Migration
View more economic information in IL State Economic profile
US Key External Drivers
Demand from donations, grants and endowment
Government funding for universities
High school retention rate
For the full list of industry drivers, see report purchase options.
County Data of the Colleges & Universities industry in Illinois
Access proprietary data on county in the Colleges & Universities in Illinois, such as Cook County, Dupage County and Lake County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Colleges & Universities industry in Illinois
Download 18 years of historical data and 5 years of projected performance.