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

4 Ranked Colleges
235 Degrees Awarded
$10,000 Avg Net Price*
Best Value Industrial Management Schools in Illinois For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Industrial Management Schools in Illinois For Those Making $0-$30k” ranking - to help you make that decision.

Industrial & Management Engineering is the 147th most popular major in the country with 5,633 degrees awarded in 2019-2020.

Across Illinois, there were 235 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Industrial Management Schools in Illinois For Those Making $0-$30k” ranking analyzed 4 colleges that offered a degree in industrial and management engineering. Not only do the schools that top this list have excellent industrial and management engineering programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the industrial and management engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

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 in Illinois For Those Making $0-$30k” 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. 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 in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Industrial Management Schools in Illinois For Those Making $0-$30k.

Top 4 Best Value Colleges for Industrial & Management Engineering (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Industrial Management Schools in Illinois For Those Making $0-$30k. Located in Evanston, Illinois, this large private not-for-profit school awarded 51 diplomas to qualified ’s industrial management students in 2019-2020.

In addition to being on our illinois industrial management students whose families make $0-$30k list, Northwestern has also earned the #1 rank in our “Best Industrial & Management Engineering Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $1,866 for illinois industrial management students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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 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.

Full Northwestern University Industrial & Management Engineering Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #2 for the Best Value Industrial Management Schools in Illinois For Those Making $0-$30k. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 93 ’s degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #2 on our “Best Industrial & Management Engineering Schools in Illinois” list. It costs about $5,477 for illinois industrial management students whose families make $0-$30k per year to attend UIUC.

The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Full UIUC Industrial & Management Engineering Report

#3

Northern Illinois University

Dekalb, Illinois

Out of the 4 schools in the Best Value Industrial Management Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s industrial management degrees to 17 students in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #4 spot in our “Best Industrial & Management Engineering Schools in Illinois” ranking. It costs about $15,281 for Illinois Industrial Management students whose families make $0-$30k per year to attend Northern Illinois University.

Read more about Industrial & Management Engineering at Northern Illinois University

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #4 for the Best Value Industrial Management Schools in Illinois For Those Making $0-$30k. Illinois Tech is a medium-sized school located in Chicago, Illinois that handed out 72 ’s industrial management degrees in 2019-2020.

In addition to being on our illinois industrial management students whose families make $0-$30k list, Illinois Tech has also earned the #3 rank in our “Best Industrial & Management Engineering Schools in Illinois” ranking. The yearly cost to attend Illinois Institute of Technology is $17,222 for Illinois Industrial Management students whose families make $0-$30k.

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. With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Full Illinois Institute of Technology Industrial & Management Engineering Report

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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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