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

6 Ranked Colleges
389 Degrees Awarded
$9,800 Avg Net Price*
Best Value IE Schools in Illinois For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value IE Schools in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 9,448 people earned their degree in industrial engineering, making the major the 86th most popular in the United States. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.

Across Illinois, there were 389 industrial engineering graduates with average earnings and debt of $65,840 and $23,226 respectively.

This year’s “Best Value IE Schools in Illinois For Those Making $0-$30k” ranking looked at 6 colleges that offer degrees in a bachelor’s in industrial engineering. Not only do the schools that top this list have excellent industrial 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 engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

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

Best Value IE Schools in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois ie students whose families make $0-$30k.

Top 6 Best Value Colleges for Industrial Engineering (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value IE Schools in Illinois For Those Making $0-$30k list. Northwestern is a large school located in Evanston, Illinois that handed out 112 ’s IE degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Industrial Engineering Schools in Illinois” ranking. The yearly cost to attend Northwestern University is $1,866 for illinois ie students whose families make $0-$30k.

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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full Northwestern University Industrial Engineering Report

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2022 Best Value IE Schools in Illinois For Those Making $0-$30k list. UIUC is a large public school situated in Champaign, Illinois. It awarded 85 ’s IE degrees in 2019-2020.

UIUC also made our “Best Industrial Engineering Schools in Illinois” list, coming in at #2. It costs about $5,477 for Illinois IE students whose families make $0-$30k per year to attend UIUC.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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%.

Full University of Illinois at Urbana-Champaign Industrial Engineering Report

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #3 for the Best Value IE Schools in Illinois For Those Making $0-$30k. Southern Illinois University Edwardsville is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 42 ’s degrees in 2019-2020.

In addition to being on our illinois ie students whose families make $0-$30k list, SIUE has also earned the #5 rank in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $8,055 for illinois ie students whose families make $0-$30k per year to attend SIUE.

Read full report on Industrial Engineering at Southern Illinois University Edwardsville

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value IE Schools in Illinois For Those Making $0-$30k. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 51 students in 2019-2020.

UIC did well in our major quality rankings, too. It placed #4 on our “Best Industrial Engineering Schools in Illinois” list. It costs about $10,648 for Illinois IE students whose families make $0-$30k per year to attend UIC.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full UIC Industrial Engineering Report

#5

Northern Illinois University

Dekalb, Illinois

Out of the 6 schools in the Best Value IE Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northern Illinois University landed the #5 spot on the list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 81 ’s IE degrees in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #6 spot in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $15,281 for illinois ie students whose families make $0-$30k per year to attend Northern Illinois University.

Read more about Industrial Engineering at Northern Illinois University

#6

Bradley University

Peoria, Illinois

Bradley University did quite well in the 2022 Best Value IE Schools in Illinois For Those Making $0-$30k ranking, coming in at #6. Bradley University is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 18 ’s IE degrees in 2019-2020.

In addition to being on our illinois ie students whose families make $0-$30k list, Bradley has also earned the #3 rank in our “Best Industrial Engineering Schools in Illinois” ranking. The yearly cost to attend Bradley is $17,205 for Illinois IE students whose families make $0-$30k.

The low student loan default rate of 2.5% 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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.

Read full report on Industrial Engineering at Bradley University

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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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