2022 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.
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. At the bachelor’s degree level specifically, there were 411 general business/commerce graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking looked at 9 colleges that offer degrees in a bachelor’s in general business/commerce. This ranking identifies schools with high-quality general business/commerce programs that also have a lower cost than 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. Check out our ranking methodology for more information.
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More Ways to Rank General Business/Commerce Schools
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 for a Bachelor’s in Illinois For Those Making $30-$48k” list to help you make the college decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k.
Top 9 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in Illinois
Out of the 9 schools in the Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Saint Xavier University landed the #1 spot on the list. SXU is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 61 bachelors’s degrees in 2019-2020.
SXU also made our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” list, coming in at #6. The estimated yearly cost for SXU is $11,962 for Illinois Bachelor’s Degree General Business students whose families make $30-$48k.
Out of the 9 schools in the Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Lake Forest College landed the #2 spot on the list. Lake Forest College is located in Lake Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 55 bachelors’s general business degrees to qualified students.
Lake Forest did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Lake Forest is $19,152 for illinois bachelor’s degree general business students whose families make $30-$48k.
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
You’ll join some of the best and brightest minds around if you attend Illinois Wesleyan University. The school came in at #3 for the Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k. Illinois Wesleyan is a private not-for-profit institution located in Bloomington, Illinois. The school has a small population, and it awarded 39 bachelors’s degrees in 2019-2020.
Illinois Wesleyan did well in our major quality rankings, too. It placed #1 on our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois Wesleyan is $19,857 for illinois bachelor’s degree general business students whose families make $30-$48k.
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.
Read full report on General Business/Commerce at Illinois Wesleyan University
Out of the 9 schools in the Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, National Louis University landed the #4 spot on the list. This medium-sized school is located in Chicago, Illinois, and it awarded 9 bachelors’s general business degrees in 2019-2020.
NLU also took the #7 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend National Louis University is $14,403 for illinois bachelor’s degree general business students whose families make $30-$48k.
You’ll join some of the best and brightest minds around if you attend Northeastern Illinois University. The school came in at #5 for the Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k. Northeastern Illinois University is a medium-sized school located in Chicago, Illinois that handed out 31 bachelors’s general business degrees in 2019-2020.
As a testament to the quality of education offered at Northeastern Illinois University, the school also landed the #9 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,513 for Illinois Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Northeastern Illinois University.
Full Northeastern Illinois University General Business/Commerce Report
Trinity Christian College ranked #6 on this year’s Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Located in Palos Heights, Illinois, this small private not-for-profit school handed out 9 degrees to qualified bachelors’s general business students in 2019-2020.
Trinity Christian not only placed well in this ranking. It is also #3 on our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Trinity Christian College is $19,918 for illinois bachelor’s degree general business students whose families make $30-$48k.
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%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Full Trinity Christian College General Business/Commerce Report
Roosevelt University ranked #7 on this year’s Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. This small school is located in Chicago, Illinois, and it awarded 146 bachelors’s general business degrees in 2019-2020.
Roosevelt also took the #5 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” ranking. It costs about $20,330 for Illinois Bachelor’s Degree General Business students whose families make $30-$48k per year to attend Roosevelt University.
Trinity International University - Illinois came in at #8 in this year’s edition of the Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. TIU Illinois is a private not-for-profit institution located in Deerfield, Illinois. The school has a small population, and it awarded 17 bachelors’s degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree general business students whose families make $30-$48k list, TIU Illinois has also earned the #8 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Trinity International University - Illinois is $20,693 for illinois bachelor’s degree general business students whose families make $30-$48k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about General Business/Commerce at Trinity International University - Illinois
DeVry University - Illinois landed the #9 spot on the 2022 Best Value General Business Schools for a Bachelor’s in Illinois For Those Making $30-$48k ranking. DeVry University - Illinois is a private for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 41 bachelors’s degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree general business students whose families make $30-$48k list, DeVry University - Illinois has also earned the #4 rank in our “Best General Business/Commerce Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for DeVry University - Illinois is $28,303 for Illinois Bachelor’s Degree General Business students whose families make $30-$48k.
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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