2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k” ranking - to help you make that decision.
Business/Managerial Economics is the 110th most popular major in the country with 6,169 degrees awarded in 2019-2020. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.
Across Illinois, there were 271 business/managerial economics graduates with average earnings and debt of $50,133 and $21,458 respectively.
This year’s “Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k” ranking analyzed 10 colleges that offered a degree in business/managerial economics. Not only do the schools that top this list have excellent business/managerial economics 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/managerial economics program at the school. See our ranking methodology to learn more.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois managerial economics students whose families make $0-$30k.
Top 10 Best Value Colleges for Business/Managerial Economics (Income $0-$30k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k list. This large school is located in Evanston, Illinois, and it awarded 45 ’s managerial economics degrees in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best Business/Managerial Economics Schools in Illinois” list. The yearly cost to attend Northwestern is $1,866 for illinois managerial economics students whose families make $0-$30k.
The low student loan default rate of 0.8% 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 97%, which means students like the school well enough to return for a second year. 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.
Read more about Business/Managerial Economics at Northwestern University
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #2 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k list. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s managerial economics degrees to 34 students in 2019-2020.
SIUE did well in our major quality rankings, too. It placed #7 on our “Best Business/Managerial Economics Schools in Illinois” list. The estimated yearly cost for SIUE is $8,055 for illinois managerial economics students whose families make $0-$30k.
You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #3 for the Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k. Located in Wheaton, Illinois, this small private not-for-profit school handed out 66 diplomas to qualified ’s managerial economics students in 2019-2020.
As a testament to the quality of education offered at Wheaton College Illinois, the school also landed the #2 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $18,440 for Illinois Managerial Economics students whose families make $0-$30k per year to attend Wheaton College Illinois.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
Read more about Business/Managerial Economics at Wheaton College Illinois
Out of the 10 schools in the Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Lewis University landed the #4 spot on the list. Lewis University is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 11 ’s managerial economics degrees in 2019-2020.
Lewis also took the #6 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $12,821 for illinois managerial economics students whose families make $0-$30k per year to attend Lewis University.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #5 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k list. SIUC is a fairly large school located in Carbondale, Illinois that handed out 5 ’s managerial economics degrees in 2019-2020.
SIUC also made our “Best Business/Managerial Economics Schools in Illinois” list, coming in at #9. The yearly cost to attend SIUC is $13,658 for illinois managerial economics students whose families make $0-$30k.
Western Illinois University landed the #6 spot on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k ranking. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 4 ’s managerial economics degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #10 on our “Best Business/Managerial Economics Schools in Illinois” list. The yearly cost to attend WIU is $13,942 for illinois managerial economics students whose families make $0-$30k.
With a ranking of #7, Bradley University did quite well on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k list. Bradley is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 6 ’s degrees in 2019-2020.
Bradley also took the #4 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $17,205 for illinois managerial economics students whose families make $0-$30k per year to attend Bradley.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business/Managerial Economics at Bradley
Benedictine University ranked #8 on this year’s Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k list. This small school is located in Lisle, Illinois, and it awarded 4 ’s managerial economics degrees in 2019-2020.
In addition to being on our illinois managerial economics students whose families make $0-$30k list, Benedictine U has also earned the #8 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Benedictine University is $22,862 for illinois managerial economics students whose families make $0-$30k.
Read more about Business/Managerial Economics at Benedictine University
Loyola University Chicago landed the #9 spot on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k ranking. This fairly large school is located in Chicago, Illinois, and it awarded 63 ’s managerial economics degrees in 2019-2020.
Loyola Chicago also made our “Best Business/Managerial Economics Schools in Illinois” list, coming in at #3. The estimated yearly cost for Loyola Chicago is $29,440 for Illinois Managerial Economics students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
DePaul University ranked #10 on this year’s Best Value Managerial Economics Schools in Illinois For Those Making $0-$30k list. DePaul University is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 33 ’s managerial economics degrees to qualified students.
DePaul also took the #5 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $26,173 for Illinois Managerial Economics students whose families make $0-$30k per year to attend DePaul.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business/Managerial Economics at DePaul University
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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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