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2022 Best Value General Business Schools in Illinois For Those Making $30-$48k

11 Ranked Colleges
1,741 Degrees Awarded
$16,100 Avg Net Price*
Best Value General Business Schools in Illinois For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Business Schools in Illinois For Those Making $30-$48k” ranking.

In 2019-2020, 55,749 general business/commerce students received their degree, making the major the 9th most popular in the country.

Across Illinois, there were 1,741 general business/commerce graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value General Business Schools in Illinois For Those Making $30-$48k” ranking analyzed 11 colleges that offered a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the general business/commerce program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

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 General Business Schools in Illinois For Those Making $30-$48k” list to help you make the college decision.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value General Business Schools in Illinois For Those Making $30-$48k

The colleges and universities below are the best for illinois general business students whose families make $30-$48k.

Top 11 Best Value Colleges for General Business/Commerce (Income $30-$48k) in Illinois

#1

Northwestern University

Evanston, Illinois

Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $30-$48k 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 1,048 ’s general business degrees in 2019-2020.

In addition to being on our illinois general business students whose families make $30-$48k list, Northwestern has also earned the #1 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Northwestern University is $3,995 for illinois general business students whose families make $30-$48k.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.

Full Northwestern General Business/Commerce Report

#2

University of Chicago

Chicago, Illinois

Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 27 degrees to qualified ’s general business students in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend University of Chicago is $2,800 for Illinois General Business students whose families make $30-$48k.

The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 100%, the school does an excellent job of retaining its students. 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%.

Read full report on General Business/Commerce at UChicago

#3

Saint Xavier University

Chicago, Illinois

You’ll be in good company if you decide to attend Saint Xavier University. It ranked #3 on our 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k list. Saint Xavier University is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 61 ’s general business degrees to qualified students.

SXU not only placed well in this ranking. It is also #7 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $11,962 for illinois general business students whose families make $30-$48k per year to attend SXU.

Read full report on General Business/Commerce at Saint Xavier University

#4

Lake Forest College

Lake Forest, Illinois

You’ll join some of the best and brightest minds around if you attend Lake Forest College. The school came in at #4 for the Best Value General Business Schools in Illinois For Those Making $30-$48k. This small school is located in Lake Forest, Illinois, and it awarded 55 ’s general business degrees in 2019-2020.

Lake Forest also took the #4 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $19,152 for illinois general business students whose families make $30-$48k per year to attend Lake Forest.

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 General Business/Commerce at Lake Forest College

#5

Illinois Wesleyan University

Bloomington, Illinois

Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Illinois Wesleyan University landed the #5 spot on the list. Illinois Wesleyan is a small private not-for-profit school situated in Bloomington, Illinois. It awarded 39 ’s general business degrees in 2019-2020.

Illinois Wesleyan did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $19,857 for Illinois General Business students whose families make $30-$48k per year to attend Illinois Wesleyan University.

The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Full Illinois Wesleyan University General Business/Commerce Report

#6

National Louis University

Chicago, Illinois

National Louis University landed the #6 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking. NLU is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 9 ’s general business degrees in 2019-2020.

NLU also took the #9 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The yearly cost to attend National Louis University is $14,403 for Illinois General Business students whose families make $30-$48k.

Full NLU General Business/Commerce Report

Northeastern Illinois University landed the #7 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking. Northeastern Illinois University is a medium-sized public school situated in Chicago, Illinois. It awarded 31 ’s general business degrees in 2019-2020.

Northeastern Illinois University did well in our major quality rankings, too. It placed #11 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $15,513 for illinois general business students whose families make $30-$48k per year to attend Northeastern Illinois University.

Full Northeastern Illinois University General Business/Commerce Report

#8

Trinity Christian College

Palos Heights, Illinois

Trinity Christian College did quite well in the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking, coming in at #8. Located in Palos Heights, Illinois, this small private not-for-profit school awarded 9 diplomas to qualified ’s general business students in 2019-2020.

Trinity Christian also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #6. The estimated yearly cost for Trinity Christian is $19,918 for Illinois General Business students whose families make $30-$48k.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 5.0% 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 General Business/Commerce at Trinity Christian College

#9

Roosevelt University

Chicago, Illinois

Roosevelt University ranked #9 on this year’s Best Value General Business Schools in Illinois For Those Making $30-$48k list. This small school is located in Chicago, Illinois, and it awarded 222 ’s general business degrees in 2019-2020.

Roosevelt not only placed well in this ranking. It is also #8 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $20,330 for illinois general business students whose families make $30-$48k per year to attend Roosevelt.

Read more about General Business/Commerce at Roosevelt University

Trinity International University - Illinois did quite well in the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking, coming in at #10. This small school is located in Deerfield, Illinois, and it awarded 17 ’s general business degrees in 2019-2020.

TIU Illinois also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #10. It costs about $20,693 for illinois general business students whose families make $30-$48k per year to attend TIU Illinois.

The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about General Business/Commerce at TIU Illinois

#11

DeVry University - Illinois

Chicago, Illinois

DeVry University - Illinois did quite well in the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking, coming in at #11. DeVry University - Illinois is a private for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 153 ’s degrees in 2019-2020.

DeVry University - Illinois not only placed well in this ranking. It is also #5 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $28,303 for Illinois General Business students whose families make $30-$48k per year to attend DeVry University - Illinois.

Read more about General Business/Commerce at DeVry University - 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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