2022 Best Vallue Engineering-Related Fields Schools for a Bachelor’s in Illinois For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Engineering-Related Fields Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking - to help you make that decision.

In 2019-2020, 6,319 people earned their degree in engineering-related fields, making the major the 120th most popular in the United States. In 2017-2018, engineering-related fields graduates who were awarded their degree in 2015-2017, earned an average of $73,026 and had an average of $26,903 in loans still to pay off.

Across Illinois, there were 235 engineering-related fields graduates with average earnings and debt of $107,150 and $40,707 respectively. At the bachelor’s degree level specifically, there were 16 engineering-related fields graduates with average earnings and debt of $38,319 and $24,183 respectively.

This ranking identifies schools with high-quality engineering-related fields 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 engineering-related fields program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Engineering-Related Fields Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue Engineering-Related Fields Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Engineering-Related Fields Schools for a Bachelor’s in Illinois For Those Making Over $110k

The following schools top our list of the Best Best Vallue Engineering-Related Fields Schools for a Bachelor’s in Illinois For Those Making Over $110k.

Top 1 Best Value Bachelor’s Degree Colleges for Engineering-Related Fields (Income Over $110k) in Illinois

#1

Illinois Institute of Technology

Chicago, Illinois

#1 in overall quality

$22,831 Average Net Price

$67,660 Average Early-Career Earnings

Out of the 1 schools in the Best Vallue Engineering-Related Fields Schools for a Bachelor’s in Illinois For Those Making Over $110k 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 engineering-related fields degrees in 2019-2020.

As a testament to the quality of education offered at Illinois Tech, the school also landed the #1 spot in our “Best Engineering-Related Fields Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,831 for illinois bachelor’s degree engineering-related fields students whose families make more than $110k per year to attend Illinois Institute of Technology.

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 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 Engineering-Related Fields at Illinois Tech

• Best Value Bachelor’s Degree Colleges for Engineering-Related Fields (Income Over $110k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering-Related Fields (Income Over $110k)

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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