2022 Best Value Colleges for Business/Managerial Economics (Income $48-$75k) in Illinois
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this decision.
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.
For this year’s “Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k” ranking, we looked at 10 colleges that offer a degree in business/managerial economics. This ranking identifies schools with high-quality business/managerial economics programs that also have a lower cost than 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. For more information, check out our ranking methodology.
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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 $48-$75k” list to help you make the college decision.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois managerial economics students whose families make $48-$75k.
Top 10 Best Value Colleges for Business/Managerial Economics (Income $48-$75k) 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 $48-$75k list. Northwestern is a large school located in Evanston, Illinois that handed out 45 ’s managerial economics degrees in 2019-2020.
Northwestern also took the #1 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $6,452 for Illinois Managerial Economics students whose families make $48-$75k per year to attend Northwestern.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #2 for the Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k. Located in Wheaton, Illinois, this small private not-for-profit school handed out 66 degrees to qualified ’s managerial economics students in 2019-2020.
Wheaton College Illinois also took the #2 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $19,691 for Illinois Managerial Economics students whose families make $48-$75k per year to attend Wheaton College Illinois.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.7% 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 Wheaton College Illinois
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #3 for the Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 34 ’s managerial economics degrees 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 yearly cost to attend Southern Illinois University Edwardsville is $13,705 for illinois managerial economics students whose families make $48-$75k.
You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #4 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k list. This fairly large school is located in Carbondale, Illinois, and it awarded 5 ’s managerial economics degrees in 2019-2020.
SIUC also made our “Best Business/Managerial Economics Schools in Illinois” list, coming in at #9. It costs about $14,985 for Illinois Managerial Economics students whose families make $48-$75k per year to attend Southern Illinois University Carbondale.
Out of the 10 schools in the Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Lewis University landed the #5 spot on the list. Romeoville, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s managerial economics degrees to 11 students in 2019-2020.
Lewis also took the #6 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Lewis is $16,489 for illinois managerial economics students whose families make $48-$75k.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #6, Western Illinois University did quite well on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k list. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 4 ’s 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 Western Illinois University is $15,912 for illinois managerial economics students whose families make $48-$75k.
Read full report on Business/Managerial Economics at Western Illinois University
Bradley University did quite well in the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #7. Bradley is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 6 ’s managerial economics degrees in 2019-2020.
Bradley not only placed well in this ranking. It is also #4 on our “Best Business/Managerial Economics Schools in Illinois” list. The yearly cost to attend Bradley University is $22,865 for illinois managerial economics students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Full Bradley University Business/Managerial Economics Report
DePaul University came in at #8 in this year’s edition of the Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k ranking. Located in Chicago, Illinois, this large private not-for-profit school awarded 33 degrees to qualified ’s managerial economics students in 2019-2020.
As a testament to the quality of education offered at DePaul, the school also landed the #5 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for DePaul University is $28,075 for Illinois 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%.
Read more about Business/Managerial Economics at DePaul University
Loyola University Chicago did quite well in the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k ranking, coming in at #9. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s managerial economics degrees to 63 students in 2019-2020.
Loyola Chicago also made our “Best Business/Managerial Economics Schools in Illinois” list, coming in at #3. It costs about $32,259 for Illinois Managerial Economics students whose families make $48-$75k per year to attend Loyola University Chicago.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Full Loyola University Chicago Business/Managerial Economics Report
Benedictine University landed the #10 spot on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $48-$75k ranking. This small school is located in Lisle, Illinois, and it awarded 4 ’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at Benedictine U, the school also landed the #8 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Benedictine U is $24,523 for illinois managerial economics students whose families make $48-$75k.
Full Benedictine University Business/Managerial Economics 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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