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2022 Best Value Master’s Degree Colleges for Industrial Engineering (Income $30-$48k) in Illinois

6 Ranked Colleges
129 Degrees Awarded
$25,200 Avg Grad Tuition & Fees*
Best Value IE Schools for a Master's in Illinois For Those Making $30-$48k

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 IE Schools for a Master’s in Illinois For Those Making $30-$48k” ranking is part of that endeavor.

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. At the master’s degree level specifically, there were 129 industrial engineering graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k” ranking looked at 6 colleges that offer degrees in a bachelor’s in industrial engineering. The schools that top this list are recognized because they have great industrial engineering programs and cost less that 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 engineering program at the school. See our ranking methodology to learn more.

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 IE Schools for a Master’s in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k.

Top 6 Best Value Master’s Degree Colleges for Industrial Engineering (Income $30-$48k) in Illinois

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 6 schools in the Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Located in Evanston, Illinois, this large private not-for-profit school awarded 15 degrees to qualified masters’s IE students 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 Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read full report on Industrial Engineering at Northwestern University

#2 in overall quality

Out of the 6 schools in the Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. This large school is located in Champaign, Illinois, and it awarded 13 masters’s IE degrees in 2019-2020.

In addition to being on our illinois master’s degree ie students whose families make $30-$48k list, UIUC has also earned the #2 rank in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read more about Industrial Engineering at UIUC

#5 in overall quality

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 for a Master’s in Illinois For Those Making $30-$48k. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 15 masters’s IE degrees to qualified students.

SIUE also took the #5 spot in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at SIUE

#3 in overall quality

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 for a Master’s in Illinois For Those Making $30-$48k. This large school is located in Chicago, Illinois, and it awarded 22 masters’s IE degrees in 2019-2020.

UIC not only placed well in this ranking. It is also #3 on our “Best Industrial Engineering Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIC are $27,036.

Read more about Industrial Engineering at University of Illinois at Chicago

#5

Northern Illinois University

Dekalb, Illinois

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k. This fairly large school is located in Dekalb, Illinois, and it awarded 58 masters’s IE degrees in 2019-2020.

NIU also took the #4 spot in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at Northern Illinois University

#6

Bradley University

Peoria, Illinois

Bradley University came in at #6 in this year’s edition of the Best Value IE Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Bradley is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Bradley, the school also landed the #0 spot in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Bradley University are $17,040, but some majors have different tuition rates.

Full Bradley University Industrial Engineering Report

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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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