2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income $48-$75k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. 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 for a Master’s in Illinois For Those Making $48-$75k” ranking.

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 master’s degree level specifically, there were 1,064 general business/commerce graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value General Business Schools for a Master’s in Illinois For Those Making $48-$75k” ranking analyzed 3 colleges that offered a degree 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. For more information, check out our ranking methodology.

More Ways to Rank General Business/Commerce Schools

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 for a Master’s in Illinois For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value General Business Schools for a Master’s in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value General Business Schools for a Master’s in Illinois For Those Making $48-$75k.

Top 3 Best Value Master’s Degree Colleges for General Business/Commerce (Income $48-$75k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

$163,379 Average Early-Career Earnings

Out of the 3 schools in the Best Value General Business Schools for a Master’s in Illinois For Those Making $48-$75k 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 masters’s general business degrees in 2019-2020.

Northwestern also made our “Best General Business/Commerce Master’s Degree Schools in Illinois” list, coming in at #1. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Northwestern

#2

University of Chicago

Chicago, Illinois

#2 in overall quality

$61,548 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value General Business Schools for a Master’s 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. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 11 students in 2019-2020.

UChicago also took the #2 spot in our “Best General Business/Commerce Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UChicago are $61,548, but some majors have different tuition rates.

Full UChicago General Business/Commerce Report

#3

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Roosevelt University. It ranked #3 on our 2022 Best Value General Business Schools for a Master’s in Illinois For Those Making $48-$75k list. Roosevelt University is a small school located in Chicago, Illinois that handed out 5 masters’s general business degrees in 2019-2020.

In addition to being on our illinois master’s degree general business students whose families make $48-$75k list, Roosevelt has also earned the #0 rank in our “Best General Business/Commerce Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Roosevelt University are $21,605, but some majors have different tuition rates.

Read more about General Business/Commerce at Roosevelt

• Best Value Master’s Degree Colleges for General Business/Commerce (Income $48-$75k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for General Business/Commerce (Income $48-$75k)

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.

Credits

• Credit for the banner image above goes to U.S. Consulate General Munich.

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