2022 Best Value Aerospace Engineering Schools in Illinois For Those Making $75-$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 Value Aerospace Engineering Schools in Illinois For Those Making $75-$110k” ranking - to help you make that decision.

Aerospace & Aeronautical Engineering is the 101st most popular major in the country with 7,582 degrees awarded in 2019-2020. In 2017-2018, aerospace and aeronautical engineering graduates who were awarded their degree in 2015-2017, earned an average of $65,466 and had an average of $23,943 in loans still to pay off.

Across Illinois, there were 165 aerospace and aeronautical engineering graduates with average earnings and debt of $66,200 and $21,500 respectively.

This year’s “Best Value Aerospace Engineering Schools in Illinois For Those Making $75-$110k” ranking looked at 2 colleges that offer degrees in a bachelor’s in aerospace and aeronautical engineering. This ranking identifies schools with high-quality aerospace and aeronautical 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 aerospace and aeronautical engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Aerospace Engineering Schools in Illinois For Those Making $75-$110k” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Aerospace Engineering Schools in Illinois For Those Making $75-$110k

The colleges and universities below are the best for illinois aerospace engineering students whose families make $75-$110k.

Top 2 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $75-$110k) in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$21,998 Average Net Price

$49,122 Average Early-Career Earnings

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 Aerospace Engineering Schools in Illinois For Those Making $75-$110k list. Located in Champaign, Illinois, this large public school handed out 139 degrees to qualified ’s aerospace engineering students in 2019-2020.

UIUC also took the #1 spot in our “Best Aerospace & Aeronautical Engineering Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $21,998 for illinois aerospace engineering students whose families make $75-$110k.

The low student loan default rate of 2.4% 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 school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Full UIUC Aerospace & Aeronautical Engineering Report

#2

Illinois Institute of Technology

Chicago, Illinois

#2 in overall quality

$24,888 Average Net Price

$62,621 Average Early-Career Earnings

Out of the 2 schools in the Best Value Aerospace Engineering Schools in Illinois For Those Making $75-$110k that were part of this year’s ranking, Illinois Institute of Technology landed the #2 spot on the list. Illinois Institute of Technology is a medium-sized school located in Chicago, Illinois that handed out 26 ’s aerospace engineering degrees in 2019-2020.

Illinois Tech also made our “Best Aerospace & Aeronautical Engineering Schools in Illinois” list, coming in at #2. It costs about $24,888 for Illinois Aerospace Engineering students whose families make $75-$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 student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 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 Aerospace & Aeronautical Engineering at Illinois Institute of Technology

• Best Value Colleges for Aerospace & Aeronautical Engineering (Income $75-$110k) in the Great Lakes Region
• Best Value Colleges for Aerospace & Aeronautical Engineering (Income $75-$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.

Credits

• Credit for the banner image above goes to Ian3055.

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