2022 Best Value General Business Schools in Illinois For Those Making $0-$30k
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 General Business Schools in Illinois For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 55,749 people earned their degree in general business/commerce, making the major the 13th most popular in the United States. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.
Across Illinois, there were 1,741 general business/commerce graduates with average earnings and debt of $48,327 and $32,259 respectively.
This year’s “Best Value General Business Schools in Illinois For Those Making $0-$30k” 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.
Some of the factors we look at when determining these rankings are overall quality of the general business/commerce program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Best Value General Business Schools in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois general business students whose families make $0-$30k.
Top 11 Best Value Colleges for General Business/Commerce (Income $0-$30k) in Illinois
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $0-$30k 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.
Northwestern also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #1. The yearly cost to attend Northwestern University is $1,866 for Illinois General Business students whose families make $0-$30k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%. 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.
Read more about General Business/Commerce at Northwestern University
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 27 ’s general business degrees to qualified students.
UChicago also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #2. The estimated yearly cost for UChicago is $2,712 for illinois general business students whose families make $0-$30k.
With a freshman retention rate of 100%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
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 $0-$30k list. Saint Xavier University is a small school located in Chicago, Illinois that handed out 61 ’s general business degrees in 2019-2020.
SXU did well in our major quality rankings, too. It placed #7 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $11,266 for illinois general business students whose families make $0-$30k per year to attend SXU.
Read full report on General Business/Commerce at Saint Xavier University
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Illinois Wesleyan University landed the #4 spot on the list. Illinois Wesleyan is a private not-for-profit institution located in Bloomington, Illinois. The school has a small population, and it awarded 39 ’s degrees in 2019-2020.
Illinois Wesleyan also took the #3 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Illinois Wesleyan is $18,570 for Illinois General Business students whose families make $0-$30k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.4% 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 full report on General Business/Commerce at Illinois Wesleyan University
You’ll be in good company if you decide to attend Lake Forest College. It ranked #5 on our 2022 Best Value General Business Schools in Illinois For Those Making $0-$30k list. Lake Forest College is a private not-for-profit institution located in Lake Forest, Illinois. The school has a small population, and it awarded 55 ’s degrees in 2019-2020.
Lake Forest not only placed well in this ranking. It is also #4 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $18,192 for Illinois General Business students whose families make $0-$30k 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%.
With a ranking of #6, National Louis University did quite well on the 2022 Best Value General Business Schools in Illinois For Those Making $0-$30k list. National Louis University 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 made our “Best General Business/Commerce Schools in Illinois” list, coming in at #9. It costs about $14,178 for Illinois General Business students whose families make $0-$30k per year to attend National Louis University.
With a ranking of #7, Northeastern Illinois University did quite well on the 2022 Best Value General Business Schools in Illinois For Those Making $0-$30k list. Located in Chicago, Illinois, this medium-sized public school awarded 31 degrees to qualified ’s general business students in 2019-2020.
In addition to being on our illinois general business students whose families make $0-$30k list, Northeastern Illinois University has also earned the #11 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Northeastern Illinois University is $14,816 for illinois general business students whose families make $0-$30k.
Read full report on General Business/Commerce at Northeastern Illinois University
Trinity Christian College did quite well in the 2022 Best Value General Business Schools in Illinois For Those Making $0-$30k ranking, coming in at #8. Located in Palos Heights, Illinois, this small private not-for-profit school handed out 9 degrees to qualified ’s general business students in 2019-2020.
Trinity Christian not only placed well in this ranking. It is also #6 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend Trinity Christian College is $16,611 for Illinois General Business students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%. 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.
Full Trinity Christian College General Business/Commerce Report
Trinity International University - Illinois came in at #9 in this year’s edition of the Best Value General Business Schools in Illinois For Those Making $0-$30k ranking. Trinity International University - Illinois is located in Deerfield, Illinois and, has a small student population. In 2019-2020, this school awarded 17 ’s general business degrees to qualified students.
TIU Illinois also took the #10 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $17,405 for Illinois General Business students whose families make $0-$30k per year to attend TIU Illinois.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on General Business/Commerce at Trinity International University - Illinois
Roosevelt University came in at #10 in this year’s edition of the Best Value General Business Schools in Illinois For Those Making $0-$30k ranking. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 222 students in 2019-2020.
Roosevelt also took the #8 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $20,398 for Illinois General Business students whose families make $0-$30k per year to attend Roosevelt University.
DeVry University - Illinois came in at #11 in this year’s edition of the Best Value General Business Schools in Illinois For Those Making $0-$30k ranking. Chicago, Illinois is the setting for this large institution of higher learning. The private for-profit school handed out ’s general business degrees to 153 students in 2019-2020.
In addition to being on our illinois general business students whose families make $0-$30k list, DeVry University - Illinois has also earned the #5 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for DeVry University - Illinois is $28,189 for illinois general business students whose families make $0-$30k.
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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