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2022 Best Value Colleges for Industrial & Management Engineering in Illinois (With Aid)

4 Ranked Colleges
235 Degrees Awarded
$20,400 Avg Net Price*
Best Value Industrial Management Schools in Illinois For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Industrial Management Schools in Illinois For Those Getting Aid” ranking.

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 Getting Aid” ranking looked at 4 colleges that offer degrees in a bachelor’s in industrial and management engineering. This ranking identifies schools with high-quality industrial and management engineering programs that also have a lower cost than 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.

More Ways to Rank Industrial & Management Engineering Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Industrial Management Schools in Illinois For Those Getting Aid” list, to help you choose the best school for you.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Industrial Management Schools in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois industrial management students with aid.

Top 4 Best Value Colleges for Industrial & Management Engineering in Illinois (With Aid)

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Industrial Management Schools in Illinois For Those Getting Aid list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 93 ’s industrial management degrees to qualified students.

UIUC not only placed well in this ranking. It is also #2 on our “Best Industrial & Management Engineering Schools in Illinois” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $15,880 for Illinois Industrial Management students with aid.

The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read more about Industrial & Management Engineering at University of Illinois at Urbana-Champaign

#2

Northern Illinois University

Dekalb, Illinois

Out of the 4 schools in the Best Value Industrial Management Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Northern Illinois University landed the #2 spot on the list. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 17 ’s industrial management degrees in 2019-2020.

NIU also took the #4 spot in our “Best Industrial & Management Engineering Schools in Illinois” ranking. The yearly cost to attend Northern Illinois University is $18,259 for illinois industrial management students with aid.

Full Northern Illinois University Industrial & Management Engineering Report

#3

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #3 on our 2022 Best Value Industrial Management Schools in Illinois For Those Getting Aid list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 51 ’s industrial management degrees in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Industrial & Management Engineering Schools in Illinois” list. It costs about $24,664 for illinois industrial management students with aid per year to attend Northwestern.

With a freshman retention rate of 97%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.8% 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 Industrial & Management Engineering at Northwestern

You’ll be in good company if you decide to attend Illinois Institute of Technology. It ranked #4 on our 2022 Best Value Industrial Management Schools in Illinois For Those Getting Aid list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s industrial management degrees to 72 students in 2019-2020.

Illinois Tech also made our “Best Industrial & Management Engineering Schools in Illinois” list, coming in at #3. The estimated yearly cost for Illinois Institute of Technology is $22,831 for illinois industrial management students with aid.

The school has an excellent freshman retention rate of 87%, 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 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.

Read full report on Industrial & Management Engineering at Illinois Tech

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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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