2022 Best Value General Business Schools in Illinois For Those Getting Aid
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Getting Aid” 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.
For this year’s “Best Value General Business Schools in Illinois For Those Getting Aid” ranking, we looked at 11 colleges that offer 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business/commerce program at the school. 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 Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value General Business Schools in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value General Business Schools in Illinois For Those Getting Aid.
Top 11 Best Value Colleges for General Business/Commerce in Illinois (With Aid)
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 Getting Aid list. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 1,048 ’s 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 $24,664 for Illinois General Business students with aid.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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 student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
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 Getting Aid that were part of this year’s ranking, Saint Xavier University landed the #2 spot on the 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.
SXU also took the #7 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Saint Xavier University is $14,528 for illinois general business students with aid.
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 Getting Aid that were part of this year’s ranking, National Louis University landed the #3 spot on the list. NLU is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 9 ’s general business degrees to qualified students.
NLU did well in our major quality rankings, too. It placed #9 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $14,957 for Illinois General Business students with aid per year to attend National Louis University.
Read more about General Business/Commerce at National Louis University
You’ll join some of the best and brightest minds around if you attend Northeastern Illinois University. The school came in at #4 for the Best Value General Business Schools in Illinois For Those Getting Aid. 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 not only placed well in this ranking. It is also #11 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $15,843 for illinois general business students with aid per year to attend Northeastern Illinois University.
Read more about General Business/Commerce at Northeastern Illinois University
You’ll be in good company if you decide to attend University of Chicago. It ranked #5 on our 2022 Best Value General Business Schools in Illinois For Those Getting Aid list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 27 students in 2019-2020.
UChicago also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #2. The estimated yearly cost for UChicago is $27,315 for Illinois General Business students with aid.
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%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.
Trinity Christian College landed the #6 spot on the 2022 Best Value General Business Schools in Illinois For Those Getting Aid ranking. Located in Palos Heights, Illinois, this small private not-for-profit school handed out 9 diplomas to qualified ’s general business students in 2019-2020.
In addition to being on our illinois general business students with aid list, Trinity Christian has also earned the #6 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The yearly cost to attend Trinity Christian College is $21,904 for illinois general business students with aid.
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 full report on General Business/Commerce at Trinity Christian
Trinity International University - Illinois came in at #7 in this year’s edition of the Best Value General Business Schools in Illinois For Those Getting Aid ranking. TIU 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 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 $21,204 for Illinois General Business students with aid.
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
Roosevelt University landed the #8 spot on the 2022 Best Value General Business Schools in Illinois For Those Getting Aid ranking. Roosevelt University is a small school located in Chicago, Illinois that handed out 222 ’s general business degrees in 2019-2020.
Roosevelt also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #8. It costs about $22,749 for Illinois General Business students with aid per year to attend Roosevelt.
Illinois Wesleyan University landed the #9 spot on the 2022 Best Value General Business Schools in Illinois For Those Getting Aid ranking. Illinois Wesleyan is a small private not-for-profit school situated in Bloomington, Illinois. It awarded 39 ’s general business degrees in 2019-2020.
In addition to being on our illinois general business students with aid list, Illinois Wesleyan has also earned the #3 rank in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $26,039 for Illinois General Business students with aid per year to attend Illinois Wesleyan.
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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Full Illinois Wesleyan University General Business/Commerce Report
Lake Forest College landed the #10 spot on the 2022 Best Value General Business Schools in Illinois For Those Getting Aid ranking. Lake Forest is a small school located in Lake Forest, Illinois that handed out 55 ’s general business degrees in 2019-2020.
In addition to being on our illinois general business students with aid list, Lake Forest has also earned the #4 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The yearly cost to attend Lake Forest is $26,426 for Illinois General Business students with aid.
The low student loan default rate of 2.5% 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 Lake Forest College
DeVry University - Illinois landed the #11 spot on the 2022 Best Value General Business Schools in Illinois For Those Getting Aid 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.
DeVry University - Illinois also took the #5 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $28,551 for Illinois General Business students with aid 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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