2022 Best Value General Business Schools in Illinois For Those Making $48-$75k
It’s not easy to decide which college to attend when there so many options available for students. 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 $48-$75k” ranking.
General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. 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 $48-$75k” ranking analyzed 11 colleges that offered a degree in general business/commerce. Not only do the schools that top this list have excellent general business/commerce programs, but they also 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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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Business Schools in Illinois For Those Making $48-$75k” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value General Business Schools in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois general business students whose families make $48-$75k.
Top 11 Best Value Colleges for General Business/Commerce (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 General Business Schools in Illinois For Those Making $48-$75k list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 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 is $6,452 for Illinois General Business students whose families make $48-$75k.
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 General Business/Commerce at Northwestern University
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. UChicago is a fairly large school located in Chicago, Illinois that handed out 27 ’s general business degrees in 2019-2020.
As a testament to the quality of education offered at UChicago, the school also landed the #2 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for University of Chicago is $7,934 for illinois general business students whose families make $48-$75k.
The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
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 $48-$75k list. Located in Chicago, Illinois, this small private not-for-profit school handed out 61 diplomas to qualified ’s general business students in 2019-2020.
As a testament to the quality of education offered at SXU, the school also landed the #7 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $14,907 for illinois general business students whose families make $48-$75k per year to attend SXU.
You’ll be in good company if you decide to attend Lake Forest College. It ranked #4 on our 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k 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.
In addition to being on our illinois general business students whose families make $48-$75k list, Lake Forest has also earned the #4 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Lake Forest College is $24,683 for illinois general business students whose families make $48-$75k.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about General Business/Commerce at Lake Forest College
You’ll be in good company if you decide to attend National Louis University. It ranked #5 on our 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 9 students in 2019-2020.
NLU also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #9. The yearly cost to attend National Louis University is $16,888 for Illinois General Business students whose families make $48-$75k.
Northeastern Illinois University landed the #6 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s general business degrees to 31 students in 2019-2020.
Northeastern Illinois University also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #11. It costs about $18,180 for illinois general business students whose families make $48-$75k per year to attend Northeastern Illinois University.
Read more about General Business/Commerce at Northeastern Illinois University
Trinity Christian College ranked #7 on this year’s Best Value General Business Schools in Illinois For Those Making $48-$75k list. Palos Heights, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 9 students in 2019-2020.
Trinity Christian also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #6. It costs about $20,888 for illinois general business students whose families make $48-$75k per year to attend Trinity Christian College.
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%. 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.
Read full report on General Business/Commerce at Trinity Christian
With a ranking of #8, Trinity International University - Illinois did quite well on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k list. Located in Deerfield, Illinois, this small private not-for-profit school handed out 17 diplomas to qualified ’s general business students in 2019-2020.
TIU Illinois not only placed well in this ranking. It is also #10 on our “Best General Business/Commerce Schools in Illinois” list. The estimated yearly cost for Trinity International University - Illinois is $17,441 for illinois general business students whose families make $48-$75k.
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.
Roosevelt University landed the #9 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k ranking. Roosevelt University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 222 ’s degrees in 2019-2020.
Roosevelt also took the #8 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $21,870 for illinois general business students whose families make $48-$75k per year to attend Roosevelt University.
With a ranking of #10, Illinois Wesleyan University did quite well on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k list. Illinois Wesleyan University 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 did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend Illinois Wesleyan University is $23,309 for Illinois General Business students whose families make $48-$75k.
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 school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
Read full report on General Business/Commerce at Illinois Wesleyan University
DeVry University - Illinois ranked #11 on this year’s Best Value General Business Schools in Illinois For Those Making $48-$75k list. Located in Chicago, Illinois, this large private for-profit school awarded 153 degrees to qualified ’s general business students in 2019-2020.
As a testament to the quality of education offered at DeVry University - Illinois, the school also landed the #5 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for DeVry University - Illinois is $29,583 for Illinois General Business students whose families make $48-$75k.
Read full report on 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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