2022 Best Value Colleges for Business/Managerial Economics in Illinois (With Aid)
It’s not easy to decide which college to attend when there so many options available for students. 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 Getting Aid” 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.
For this year’s “Best Value Managerial Economics Schools in Illinois For Those Getting Aid” 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. Check out our ranking methodology for more information.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Managerial Economics Schools in Illinois For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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 in Illinois For Those Getting Aid
The colleges and universities below are the best for illinois managerial economics students with aid.
Top 10 Best Value Colleges for Business/Managerial Economics in Illinois (With Aid)
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #1 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Getting Aid list. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 34 ’s managerial economics degrees to qualified students.
SIUE also took the #7 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Edwardsville is $14,423 for illinois managerial economics students with aid.
Read more about Business/Managerial Economics at Southern Illinois University Edwardsville
You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Getting Aid list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 45 ’s managerial economics degrees to qualified students.
In addition to being on our illinois managerial economics students with aid list, Northwestern has also earned the #1 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Northwestern is $24,664 for illinois managerial economics students with aid.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national 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.
Read more about Business/Managerial Economics at Northwestern University
You’ll be in good company if you decide to attend Western Illinois University. It ranked #3 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Getting Aid list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s managerial economics degrees to 4 students in 2019-2020.
In addition to being on our illinois managerial economics students with aid list, WIU has also earned the #10 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The yearly cost to attend WIU is $16,210 for Illinois Managerial Economics students with aid.
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 Getting Aid list. Southern Illinois University Carbondale is a fairly large public school situated in Carbondale, Illinois. It awarded 5 ’s managerial economics degrees in 2019-2020.
SIUC also took the #9 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The yearly cost to attend Southern Illinois University Carbondale is $16,945 for illinois managerial economics students with aid.
Read full report on Business/Managerial Economics at Southern Illinois University Carbondale
Out of the 10 schools in the Best Value Managerial Economics Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Lewis University landed the #5 spot on the list. Located in Romeoville, Illinois, this medium-sized private not-for-profit school awarded 11 degrees to qualified ’s managerial economics students in 2019-2020.
In addition to being on our illinois managerial economics students with aid list, Lewis has also earned the #6 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The yearly cost to attend Lewis University is $18,664 for Illinois Managerial Economics students with aid.
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%.
Wheaton College Illinois came in at #6 in this year’s edition of the Best Value Managerial Economics Schools in Illinois For Those Getting Aid ranking. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 66 ’s managerial economics degrees to qualified students.
In addition to being on our illinois managerial economics students with aid list, Wheaton College Illinois has also earned the #2 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $25,358 for Illinois Managerial Economics students with aid per year to attend Wheaton College Illinois.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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.
Full Wheaton College Illinois Business/Managerial Economics Report
With a ranking of #7, Bradley University did quite well on the 2022 Best Value Managerial Economics Schools in Illinois For Those Getting Aid list. This medium-sized school is located in Peoria, Illinois, and it awarded 6 ’s managerial economics degrees in 2019-2020.
Bradley also made our “Best Business/Managerial Economics Schools in Illinois” list, coming in at #4. The yearly cost to attend Bradley is $25,634 for illinois managerial economics students with aid.
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 school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
Read full report on Business/Managerial Economics at Bradley
Benedictine University came in at #8 in this year’s edition of the Best Value Managerial Economics Schools in Illinois For Those Getting Aid ranking. Benedictine U is a small private not-for-profit school situated in Lisle, Illinois. 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 University is $25,143 for Illinois Managerial Economics students with aid.
Full Benedictine University Business/Managerial Economics Report
DePaul University came in at #9 in this year’s edition of the Best Value Managerial Economics Schools in Illinois For Those Getting Aid ranking. This large school is located in Chicago, Illinois, and it awarded 33 ’s managerial economics degrees in 2019-2020.
In addition to being on our illinois managerial economics students with aid list, DePaul has also earned the #5 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The yearly cost to attend DePaul is $30,090 for illinois managerial economics students with aid.
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%.
Loyola University Chicago did quite well in the 2022 Best Value Managerial Economics Schools in Illinois For Those Getting Aid ranking, coming in at #10. This fairly large school is located in Chicago, Illinois, and it awarded 63 ’s managerial economics degrees in 2019-2020.
In addition to being on our illinois managerial economics students with aid list, Loyola Chicago has also earned the #3 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The yearly cost to attend Loyola Chicago is $35,407 for illinois managerial economics students with aid.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Read more about Business/Managerial Economics at Loyola Chicago
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- Best Value Colleges for Business/Managerial Economics (With Aid)
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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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