2022 Best Value Colleges for Business, Management & Marketing (Income $0-$30k) in Illinois
When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Business, Management & Marketing is one of the most popular majors in the nation, ranking 1st of all the majors we analyze. In 2019-2020, 841,037 degrees were awarded to students with this major. In 2017-2018, business, management and marketing graduates who were awarded their degree in 2015-2017, earned an average of $44,966 and had an average of $27,464 in loans still to pay off.
Across Illinois, there were 29,841 business, management and marketing graduates with average earnings and debt of $49,791 and $28,874 respectively.
This year’s “Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k” ranking looked at 66 colleges that offer degrees in a bachelor’s in business, management and marketing. Not only do the schools that top this list have excellent business, management and marketing programs, but they also cost less that 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 business, management and marketing program at the school. See our ranking methodology to learn more.
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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 Business, Management & Marketing Schools in Illinois For Those Making $0-$30k” list to help you make the college 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k.
Top 25 Best Value Colleges for Business, Management & Marketing (Income $0-$30k) in Illinois
Out of the 66 schools in the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 1,326 ’s business, management and marketing degrees in 2019-2020.
UChicago did well in our major quality rankings, too. It placed #1 on our “Best Business, Management & Marketing Schools in Illinois” list. The yearly cost to attend University of Chicago is $2,712 for illinois business, management & marketing students whose families make $0-$30k.
With a freshman retention rate of 100%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.
You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 2,295 ’s business, management and marketing degrees to qualified students.
In addition to being on our illinois business, management & marketing students whose families make $0-$30k list, Northwestern has also earned the #2 rank in our “Best Business, Management & Marketing Schools in Illinois” ranking. The estimated yearly cost for Northwestern is $1,866 for Illinois Business, Management & Marketing students whose families make $0-$30k.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Read full report on Business, Management & Marketing at Northwestern
Out of the 66 schools in the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 2,563 ’s business, management and marketing degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Business, Management & Marketing Schools in Illinois” ranking. The yearly cost to attend UIUC is $5,477 for illinois business, management & marketing students whose families make $0-$30k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 2.4% 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%.
Out of the 66 schools in the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Waubonsee Community College landed the #4 spot on the list. Waubonsee Community College is located in Sugar Grove, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 114 ’s business, management and marketing degrees to qualified students.
In addition to being on our illinois business, management & marketing students whose families make $0-$30k list, Waubonsee has also earned the #16 rank in our “Best Business, Management & Marketing Schools in Illinois” ranking. It costs about $2,818 for illinois business, management & marketing students whose families make $0-$30k per year to attend Waubonsee.
Read full report on Business, Management & Marketing at Waubonsee Community College
You’ll be in good company if you decide to attend Moraine Valley Community College. It ranked #5 on our 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. MVCC is located in Palos Hills, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 114 ’s business, management and marketing degrees to qualified students.
The yearly cost to attend MVCC is $340 for Illinois Business, Management & Marketing students whose families make $0-$30k.
Full Moraine Valley Community College Business, Management & Marketing Report
Elgin Community College did quite well in the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking, coming in at #6. Elgin, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business, management and marketing degrees to 49 students in 2019-2020.
It costs about $2,384 for Illinois Business, Management & Marketing students whose families make $0-$30k per year to attend ECC.
Read more about Business, Management & Marketing at Elgin Community College
Fox College did quite well in the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking, coming in at #7. Bedford Park, Illinois is the setting for this small institution of higher learning. The private for-profit school handed out ’s business, management and marketing degrees to 21 students in 2019-2020.
In addition to being on our illinois business, management & marketing students whose families make $0-$30k list, Fox College has also earned the #4 rank in our “Best Business, Management & Marketing Schools in Illinois” ranking. The estimated yearly cost for Fox College is $11,531 for illinois business, management & marketing students whose families make $0-$30k.
William Rainey Harper College did quite well in the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking, coming in at #8. William Rainey Harper College is a public institution located in Palatine, Illinois. The school has a fairly large population, and it awarded 433 ’s degrees in 2019-2020.
The estimated yearly cost for William Rainey Harper College is $5,913 for Illinois Business, Management & Marketing students whose families make $0-$30k.
Full William Rainey Harper College Business, Management & Marketing Report
With a ranking of #9, Triton College did quite well on the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. Located in River Grove, Illinois, this medium-sized public school handed out 42 diplomas to qualified ’s business, management and marketing students in 2019-2020.
The yearly cost to attend Triton College is $4,546 for Illinois Business, Management & Marketing students whose families make $0-$30k.
Read full report on Business, Management & Marketing at Triton College
College of Lake County came in at #10 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. College of Lake County is a public institution located in Grayslake, Illinois. The school has a fairly large population, and it awarded 102 ’s degrees in 2019-2020.
The estimated yearly cost for College of Lake County is $3,742 for illinois business, management & marketing students whose families make $0-$30k.
Read more about Business, Management & Marketing at College of Lake County
Lake Land College came in at #11 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Mattoon, Illinois is the setting for this small institution of higher learning. The public school handed out ’s business, management and marketing degrees to 256 students in 2019-2020.
It costs about $2,857 for illinois business, management & marketing students whose families make $0-$30k per year to attend Lake Land College.
Read more about Business, Management & Marketing at Lake Land College
McHenry County College ranked #12 on this year’s Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. Located in Crystal Lake, Illinois, this medium-sized public school handed out 151 degrees to qualified ’s business, management and marketing students in 2019-2020.
The estimated yearly cost for McHenry County College is $5,620 for illinois business, management & marketing students whose families make $0-$30k.
Read full report on Business, Management & Marketing at McHenry County College
Southern Illinois University Edwardsville came in at #13 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Located in Edwardsville, Illinois, this fairly large public school handed out 514 diplomas to qualified ’s business, management and marketing students in 2019-2020.
SIUE also made our “Best Business, Management & Marketing Schools in Illinois” list, coming in at #25. It costs about $8,055 for illinois business, management & marketing students whose families make $0-$30k per year to attend Southern Illinois University Edwardsville.
Read full report on Business, Management & Marketing at SIUE
University of Illinois at Chicago came in at #14 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. This large school is located in Chicago, Illinois, and it awarded 1,135 ’s business, management and marketing degrees in 2019-2020.
UIC also made our “Best Business, Management & Marketing Schools in Illinois” list, coming in at #14. The yearly cost to attend UIC is $10,648 for illinois business, management & marketing students whose families make $0-$30k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business, Management & Marketing at University of Illinois at Chicago
Northern Illinois University came in at #15 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 957 ’s business, management and marketing degrees in 2019-2020.
NIU not only placed well in this ranking. It is also #15 on our “Best Business, Management & Marketing Schools in Illinois” list. The estimated yearly cost for NIU is $15,281 for illinois business, management & marketing students whose families make $0-$30k.
With a ranking of #16, Southwestern Illinois College did quite well on the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. Belleville, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business, management and marketing degrees to 41 students in 2019-2020.
It costs about $5,506 for illinois business, management & marketing students whose families make $0-$30k per year to attend Southwestern Illinois College.
Lewis and Clark Community College came in at #17 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. This small school is located in Godfrey, Illinois, and it awarded 123 ’s business, management and marketing degrees in 2019-2020.
The yearly cost to attend Lewis and Clark Community College is $2,719 for illinois business, management & marketing students whose families make $0-$30k.
Read full report on Business, Management & Marketing at Lewis and Clark Community College
Wheaton College Illinois landed the #18 spot on the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Located in Wheaton, Illinois, this small private not-for-profit school handed out 66 diplomas to qualified ’s business, management and marketing students in 2019-2020.
Wheaton College Illinois not only placed well in this ranking. It is also #5 on our “Best Business, Management & Marketing Schools in Illinois” list. It costs about $18,440 for Illinois Business, Management & Marketing students whose families make $0-$30k per year to attend Wheaton College Illinois.
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. The school has an excellent freshman retention rate of 90%, 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 0.7%, which is much lower than the national rate of 10.1%.
Read full report on Business, Management & Marketing at Wheaton College Illinois
Kankakee Community College came in at #19 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. This small school is located in Kankakee, Illinois, and it awarded 40 ’s business, management and marketing degrees in 2019-2020.
The estimated yearly cost for Kankakee Community College is $5,202 for Illinois Business, Management & Marketing students whose families make $0-$30k.
Read full report on Business, Management & Marketing at Kankakee Community College
Illinois State University ranked #20 on this year’s Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. Located in Normal, Illinois, this large public school awarded 1,410 degrees to qualified ’s business, management and marketing students in 2019-2020.
In addition to being on our illinois business, management & marketing students whose families make $0-$30k list, Illinois State has also earned the #9 rank in our “Best Business, Management & Marketing Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $14,470 for Illinois Business, Management & Marketing students whose families make $0-$30k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Business, Management & Marketing at Illinois State University
University of Illinois at Springfield came in at #21 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Located in Springfield, Illinois, this small public school awarded 251 diplomas to qualified ’s business, management and marketing students in 2019-2020.
It costs about $9,771 for Illinois Business, Management & Marketing students whose families make $0-$30k per year to attend UIS.
Governors State University landed the #22 spot on the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. University Park, Illinois is the setting for this small institution of higher learning. The public school handed out ’s business, management and marketing degrees to 191 students in 2019-2020.
The estimated yearly cost for GSU is $10,872 for illinois business, management & marketing students whose families make $0-$30k.
With a ranking of #23, John A Logan College did quite well on the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k list. This small school is located in Carterville, Illinois, and it awarded 29 ’s business, management and marketing degrees in 2019-2020.
It costs about $5,841 for illinois business, management & marketing students whose families make $0-$30k per year to attend John A Logan College.
Full John A Logan College Business, Management & Marketing Report
Saint Xavier University landed the #24 spot on the 2022 Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Located in Chicago, Illinois, this small private not-for-profit school handed out 285 degrees to qualified ’s business, management and marketing students in 2019-2020.
The yearly cost to attend SXU is $11,266 for Illinois Business, Management & Marketing students whose families make $0-$30k.
Full Saint Xavier University Business, Management & Marketing Report
Eastern Illinois University came in at #25 in this year’s edition of the Best Value Business, Management & Marketing Schools in Illinois For Those Making $0-$30k ranking. Eastern Illinois University is a medium-sized school located in Charleston, Illinois that handed out 222 ’s business, management and marketing degrees in 2019-2020.
It costs about $12,350 for illinois business, management & marketing students whose families make $0-$30k per year to attend EIU.
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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.
Credits
- Credit for the banner image above goes to Amit Savargaonkar.
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