2022 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $48-$75k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. 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 Industrial Management Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking is part of that endeavor.

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. 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. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Industrial Management Schools for a Bachelor’s in Illinois For Those Making $48-$75k” list to help you make the college 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Industrial Management Schools for a Bachelor’s in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois bachelor’s degree industrial management students whose families make $48-$75k.

Top 1 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $48-$75k) in Illinois

#1

Illinois Institute of Technology

Chicago, Illinois

#1 in overall quality

$22,542 Average Net Price

Out of the 1 schools in the Best Value Industrial Management Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Illinois Institute of Technology landed the #1 spot on the list. Illinois Institute of Technology is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 14 bachelors’s industrial management degrees in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #1 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in Illinois” list. It costs about $22,542 for illinois bachelor’s degree industrial management students whose families make $48-$75k per year to attend Illinois Tech.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 2.9% 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%. 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.

Read full report on Industrial & Management Engineering at Illinois Tech

• Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $48-$75k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (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.

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