2022 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $48-$75k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking is part of that endeavor.
In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. 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. At the bachelor’s degree level specifically, there were 226 business/managerial economics graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking looked at 9 colleges that offer degrees in a bachelor’s in business/managerial economics. The schools that top this list are recognized because they have great business/managerial economics programs and cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the business/managerial economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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One Size Does Not Fit All
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k” list, to help you choose the best school for you.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k
The following schools top our list of the Best Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k.
Top 9 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $48-$75k) in Illinois
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #1 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 66 bachelors’s degrees in 2019-2020.
Wheaton College Illinois also took the #1 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Wheaton College Illinois is $19,691 for Illinois Bachelor’s Degree Managerial Economics students whose families make $48-$75k.
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%. With a student-to-faculty ratio of 10 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 90%.
Full Wheaton College Illinois Business/Managerial Economics Report
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 for a Bachelor’s in Illinois For Those Making $48-$75k list. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 34 students in 2019-2020.
SIUE also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #6. The estimated yearly cost for Southern Illinois University Edwardsville is $13,705 for Illinois Bachelor’s Degree Managerial Economics students whose families make $48-$75k.
Full Southern Illinois University Edwardsville Business/Managerial Economics Report
You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #3 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Southern Illinois University Carbondale is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 5 bachelors’s managerial economics degrees to qualified students.
SIUC did well in our major quality rankings, too. It placed #8 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Southern Illinois University Carbondale is $14,985 for illinois bachelor’s degree managerial economics students whose families make $48-$75k.
Full Southern Illinois University Carbondale Business/Managerial Economics Report
You’ll be in good company if you decide to attend Lewis University. It ranked #4 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Romeoville, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 11 students in 2019-2020.
Lewis not only placed well in this ranking. It is also #5 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Lewis is $16,489 for illinois bachelor’s degree managerial economics students whose families make $48-$75k.
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%.
Read more about Business/Managerial Economics at Lewis University
Out of the 9 schools in the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Western Illinois University landed the #5 spot on the list. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 4 bachelors’s managerial economics degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree managerial economics students whose families make $48-$75k list, WIU has also earned the #9 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for WIU is $15,912 for illinois bachelor’s degree managerial economics students whose families make $48-$75k.
Read full report on Business/Managerial Economics at Western Illinois University
Bradley University came in at #6 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Bradley University is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 6 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Bradley, the school also landed the #3 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,865 for Illinois Bachelor’s Degree Managerial Economics students whose families make $48-$75k per year to attend Bradley.
The low student loan default rate of 2.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Business/Managerial Economics at Bradley
With a ranking of #7, DePaul University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 33 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at DePaul, the school also landed the #4 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend DePaul is $28,075 for Illinois Bachelor’s Degree Managerial Economics students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Loyola University Chicago landed the #8 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Loyola University Chicago is a fairly large school located in Chicago, Illinois that handed out 63 bachelors’s managerial economics degrees in 2019-2020.
Loyola Chicago did well in our major quality rankings, too. It placed #2 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Loyola University Chicago is $32,259 for Illinois Bachelor’s Degree Managerial Economics students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. 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%.
Read more about Business/Managerial Economics at Loyola University Chicago
Benedictine University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #9. Benedictine University is a small private not-for-profit school situated in Lisle, Illinois. It awarded 4 bachelors’s managerial economics degrees in 2019-2020.
Benedictine U also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #7. It costs about $24,523 for illinois bachelor’s degree managerial economics students whose families make $48-$75k per year to attend Benedictine University.
Read full report on Business/Managerial Economics at Benedictine University
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Best Business/Managerial Economics Bachelor's Degree Schools in Illinois
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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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