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2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k

61 Ranked Colleges
12,211 Degrees Awarded
$7,500 Avg Net Price*
Best Value Business Administration Schools in Illinois For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Business Administration Schools in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.

Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.

Across Illinois, there were 12,211 business administration and management graduates with average earnings and debt of $53,855 and $33,288 respectively.

This year’s “Best Value Business Administration Schools in Illinois For Those Making $0-$30k” ranking looked at 61 colleges that offer degrees in a bachelor’s in business administration and management. Not only do the schools that top this list have excellent business administration and management programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business administration and management program at the school. See our ranking methodology to learn more.

More Ways to Rank Business Administration & Management Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools in Illinois For Those Making $0-$30k” list, to help you choose the best school for you.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Business Administration Schools in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Business Administration Schools in Illinois For Those Making $0-$30k.

Top 25 Best Value Colleges for Business Administration & Management (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

Out of the 61 schools in the Best Value Business Administration Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large school located in Evanston, Illinois that handed out 325 ’s business administration degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #2 on our “Best Business Administration & Management Schools in Illinois” list. The yearly cost to attend Northwestern University is $1,866 for illinois business administration students whose families make $0-$30k.

With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business Administration & Management at Northwestern

#2

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value Business Administration Schools in Illinois For Those Making $0-$30k. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 228 ’s business administration degrees in 2019-2020.

UChicago not only placed well in this ranking. It is also #1 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $2,712 for Illinois Business Administration students whose families make $0-$30k per year to attend University of Chicago.

The low student loan default rate of 0.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Business Administration & Management at University of Chicago

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. UIUC is a large public school situated in Champaign, Illinois. It awarded 838 ’s business administration degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #3 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $5,477 for Illinois Business Administration students whose families make $0-$30k per year to attend University of Illinois at Urbana-Champaign.

The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read more about Business Administration & Management at University of Illinois at Urbana-Champaign

#4

Waubonsee Community College

Sugar Grove, Illinois

You’ll join some of the best and brightest minds around if you attend Waubonsee Community College. The school came in at #4 for the Best Value Business Administration Schools in Illinois For Those Making $0-$30k. Sugar Grove, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business administration degrees to 22 students in 2019-2020.

In addition to being on our illinois business administration students whose families make $0-$30k list, Waubonsee has also earned the #17 rank in our “Best Business Administration & Management Schools in Illinois” ranking. The estimated yearly cost for Waubonsee Community College is $2,818 for illinois business administration students whose families make $0-$30k.

Full Waubonsee Business Administration & Management Report

#5

Elgin Community College

Elgin, Illinois

You’ll join some of the best and brightest minds around if you attend Elgin Community College. The school came in at #5 for the Best Value Business Administration Schools in Illinois For Those Making $0-$30k. ECC is located in Elgin, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 18 ’s business administration degrees to qualified students.

The estimated yearly cost for Elgin Community College is $2,384 for illinois business administration students whose families make $0-$30k.

Read more about Business Administration & Management at ECC

#6

Moraine Valley Community College

Palos Hills, Illinois

Moraine Valley Community College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #6. Located in Palos Hills, Illinois, this fairly large public school awarded 32 diplomas to qualified ’s business administration students in 2019-2020.

The estimated yearly cost for Moraine Valley Community College is $340 for Illinois Business Administration students whose families make $0-$30k.

Read full report on Business Administration & Management at MVCC

#7

William Rainey Harper College

Palatine, Illinois

William Rainey Harper College came in at #7 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking. Harper College is located in Palatine, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 124 ’s business administration degrees to qualified students.

The yearly cost to attend William Rainey Harper College is $5,913 for illinois business administration students whose families make $0-$30k.

Read full report on Business Administration & Management at William Rainey Harper College

#8

McHenry County College

Crystal Lake, Illinois

McHenry County College landed the #8 spot on the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking. MCC is a public institution located in Crystal Lake, Illinois. The school has a medium-sized population, and it awarded 105 ’s degrees in 2019-2020.

The yearly cost to attend McHenry County College is $5,620 for Illinois Business Administration students whose families make $0-$30k.

Read full report on Business Administration & Management at McHenry County College

#9

Triton College

River Grove, Illinois

Triton College ranked #9 on this year’s Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. This medium-sized school is located in River Grove, Illinois, and it awarded 15 ’s business administration degrees in 2019-2020.

The yearly cost to attend Triton College is $4,546 for Illinois Business Administration students whose families make $0-$30k.

Read more about Business Administration & Management at Triton College

#10

College of Lake County

Grayslake, Illinois

College of Lake County did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #10. College of Lake County is a fairly large school located in Grayslake, Illinois that handed out 27 ’s business administration degrees in 2019-2020.

The yearly cost to attend College of Lake County is $3,742 for illinois business administration students whose families make $0-$30k.

Read full report on Business Administration & Management at College of Lake County

Southern Illinois University Edwardsville did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #11. Southern Illinois University Edwardsville is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 324 ’s business administration degrees to qualified students.

SIUE did well in our major quality rankings, too. It placed #20 on our “Best Business Administration & Management Schools in Illinois” list. The yearly cost to attend SIUE is $8,055 for illinois business administration students whose families make $0-$30k.

Read more about Business Administration & Management at Southern Illinois University Edwardsville

University of Illinois at Chicago came in at #12 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking. This large school is located in Chicago, Illinois, and it awarded 259 ’s business administration degrees in 2019-2020.

UIC also took the #11 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Chicago is $10,648 for illinois business administration students whose families make $0-$30k.

The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full University of Illinois at Chicago Business Administration & Management Report

Lewis and Clark Community College ranked #13 on this year’s Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. This small school is located in Godfrey, Illinois, and it awarded 28 ’s business administration degrees in 2019-2020.

The yearly cost to attend Lewis and Clark Community College is $2,719 for Illinois Business Administration students whose families make $0-$30k.

Read more about Business Administration & Management at Lewis and Clark Community College

#14

Northern Illinois University

Dekalb, Illinois

Northern Illinois University came in at #14 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s business administration degrees to 320 students in 2019-2020.

In addition to being on our illinois business administration students whose families make $0-$30k list, NIU has also earned the #12 rank in our “Best Business Administration & Management Schools in Illinois” ranking. The yearly cost to attend Northern Illinois University is $15,281 for Illinois Business Administration students whose families make $0-$30k.

Read full report on Business Administration & Management at Northern Illinois University

#15

Kankakee Community College

Kankakee, Illinois

Kankakee Community College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #15. Kankakee Community College is a small school located in Kankakee, Illinois that handed out 29 ’s business administration degrees in 2019-2020.

It costs about $5,202 for illinois business administration students whose families make $0-$30k per year to attend Kankakee Community College.

Read more about Business Administration & Management at Kankakee Community College

#16

Governors State University

University Park, Illinois

Governors State University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #16. This small school is located in University Park, Illinois, and it awarded 132 ’s business administration degrees in 2019-2020.

It costs about $10,872 for Illinois Business Administration students whose families make $0-$30k per year to attend GSU.

Full Governors State University Business Administration & Management Report

#17

University of Illinois at Springfield

Springfield, Illinois

University of Illinois at Springfield did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #17. UIS is a public institution located in Springfield, Illinois. The school has a small population, and it awarded 157 ’s degrees in 2019-2020.

UIS also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #22. The estimated yearly cost for University of Illinois at Springfield is $9,771 for Illinois Business Administration students whose families make $0-$30k.

Read full report on Business Administration & Management at UIS

#18

Illinois State University

Normal, Illinois

Illinois State University came in at #18 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking. Illinois State University is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 265 ’s business administration degrees to qualified students.

Illinois State not only placed well in this ranking. It is also #8 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $14,470 for Illinois Business Administration students whose families make $0-$30k per year to attend Illinois State.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Illinois State Business Administration & Management Report

#19

Lake Land College

Mattoon, Illinois

Lake Land College ranked #19 on this year’s Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. This small school is located in Mattoon, Illinois, and it awarded 21 ’s business administration degrees in 2019-2020.

The estimated yearly cost for Lake Land College is $2,857 for Illinois Business Administration students whose families make $0-$30k.

Full Lake Land College Business Administration & Management Report

#20

Illinois College

Jacksonville, Illinois

Illinois College ranked #20 on this year’s Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. Illinois College is a private not-for-profit institution located in Jacksonville, Illinois. The school has a small population, and it awarded 51 ’s degrees in 2019-2020.

Illinois College also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #25. It costs about $11,376 for Illinois Business Administration students whose families make $0-$30k per year to attend Illinois College.

Read more about Business Administration & Management at Illinois College

#21

Aurora University

Aurora, Illinois

Aurora University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #21. This medium-sized school is located in Aurora, Illinois, and it awarded 274 ’s business administration degrees in 2019-2020.

Aurora also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #15. The yearly cost to attend Aurora University is $14,103 for Illinois Business Administration students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Aurora Business Administration & Management Report

#22

Lewis University

Romeoville, Illinois

Lewis University ranked #22 on this year’s Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. Lewis University is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 258 ’s degrees in 2019-2020.

Lewis also took the #16 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The yearly cost to attend Lewis is $12,821 for illinois business administration students whose families make $0-$30k.

The low student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Lewis University Business Administration & Management Report

#23

Saint Xavier University

Chicago, Illinois

With a ranking of #23, Saint Xavier University did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. SXU is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 18 ’s business administration degrees to qualified students.

The yearly cost to attend SXU is $11,266 for illinois business administration students whose families make $0-$30k.

Full SXU Business Administration & Management Report

#24

Parkland College

Champaign, Illinois

Parkland College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k ranking, coming in at #24. Parkland College is a medium-sized school located in Champaign, Illinois that handed out 17 ’s business administration degrees in 2019-2020.

The estimated yearly cost for Parkland College is $8,547 for illinois business administration students whose families make $0-$30k.

Read full report on Business Administration & Management at Parkland College

#25

Western Illinois University

Macomb, Illinois

With a ranking of #25, Western Illinois University did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Making $0-$30k list. Located in Macomb, Illinois, this medium-sized public school awarded 121 diplomas to qualified ’s business administration students in 2019-2020.

It costs about $13,942 for Illinois Business Administration students whose families make $0-$30k per year to attend WIU.

Full WIU Business Administration & Management Report

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Notes and References

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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