2022 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in Illinois

It’s not easy to decide which college to attend when there so many options available for students. 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 Industrial Management Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 5,633 people earned their degree in industrial and management engineering, making the major the 147th most popular in the United States.

Across Illinois, there were 235 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 16 industrial and management engineering graduates with average earnings and debt of $38,319 and $24,183 respectively.

This ranking identifies schools with high-quality industrial and management engineering 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 industrial and management engineering program at the school. Check out our ranking methodology for more information.

More Ways to Rank Industrial & Management Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Industrial Management Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Industrial Management Schools for a Bachelor’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois bachelor’s degree industrial management students whose families make $0-$30k.

Top 1 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in Illinois

#1

Illinois Institute of Technology

Chicago, Illinois

#1 in overall quality

$17,222 Average Net Price

You’ll be in good company if you decide to attend Illinois Institute of Technology. It ranked #1 on our 2022 Best Value Industrial Management Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 14 degrees to qualified bachelors’s industrial management students in 2019-2020.

Illinois Tech did well in our major quality rankings, too. It placed #1 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in Illinois” list. It costs about $17,222 for Illinois Bachelor’s Degree Industrial Management students whose families make $0-$30k per year to attend Illinois Institute of Technology.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. 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 87%, which means students like the school well enough to return for a second year.

Full Illinois Tech Industrial & Management Engineering Report

• Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k)

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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