2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $48-$75k) in the Great Lakes Region
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking.
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 the Great Lakes region, there were 1,969 industrial engineering graduates with average earnings and debt of $66,753 and $24,537 respectively. At the bachelor’s degree level specifically, there were 1,312 industrial engineering graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking analyzed 25 colleges that offered a degree in industrial engineering. This ranking identifies schools with high-quality industrial engineering programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the industrial engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.
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Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
The following schools top our list of the Best Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $48-$75k) in the Great Lakes Region
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. This large school is located in Evanston, Illinois, and it awarded 87 bachelors’s IE degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $6,452 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k per year to attend Northwestern.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. 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.
Out of the 25 schools in the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 spot on the list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 184 bachelors’s IE degrees in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #2 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $10,028 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Out of the 25 schools in the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Purdue University - Main Campus landed the #3 spot on the list. This large school is located in West Lafayette, Indiana, and it awarded 276 bachelors’s IE degrees in 2019-2020.
As a testament to the quality of education offered at Purdue, the school also landed the #3 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $9,654 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k per year to attend Purdue.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Full Purdue University - Main Campus Industrial Engineering Report
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #4 on our 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 116 bachelors’s IE degrees to qualified students.
UW - Madison also took the #4 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Madison is $13,227 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Out of the 25 schools in the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #5 spot on the list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 68 bachelors’s degrees in 2019-2020.
UIUC also took the #5 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $13,351 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
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 University of Illinois at Urbana-Champaign Industrial Engineering Report
Ohio State University - Main Campus did quite well in the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 122 students in 2019-2020.
Ohio State also made our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #7. The estimated yearly cost for Ohio State is $13,982 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low student loan default rate of 4.4% 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%.
Oakland University came in at #7 in this year’s edition of the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Rochester Hills, Michigan, this fairly large public school handed out 31 degrees to qualified bachelors’s IE students in 2019-2020.
Oakland not only placed well in this ranking. It is also #11 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $10,387 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k per year to attend Oakland University.
With a ranking of #8, University of Wisconsin - Platteville did quite well on the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Platteville, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s IE degrees to 54 students in 2019-2020.
UW - Platteville also took the #9 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Platteville is $15,152 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
University of Illinois at Chicago landed the #9 spot on the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. This large school is located in Chicago, Illinois, and it awarded 24 bachelors’s IE degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #12 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for UIC is $13,683 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
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%.
With a ranking of #10, University of Michigan - Dearborn did quite well on the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 10 bachelors’s IE degrees in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #16 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $10,553 for great lakes region bachelor’s degree ie students whose families make $48-$75k per year to attend University of Michigan - Dearborn.
The low student loan default rate of 4.5% 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%.
Southern Illinois University Edwardsville came in at #11 in this year’s edition of the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Southern Illinois University Edwardsville is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 27 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree ie students whose families make $48-$75k list, SIUE has also earned the #17 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for SIUE is $13,705 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
Full Southern Illinois University Edwardsville Industrial Engineering Report
Wayne State University did quite well in the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 26 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Wayne State, the school also landed the #18 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Wayne State University is $13,668 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
Milwaukee School of Engineering did quite well in the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #13. Milwaukee School of Engineering is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a small population, and it awarded 26 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at MSOE, the school also landed the #8 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $20,444 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k per year to attend MSOE.
The student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%.
Full Milwaukee School of Engineering Industrial Engineering Report
Northern Illinois University came in at #14 in this year’s edition of the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. NIU is a fairly large school located in Dekalb, Illinois that handed out 23 bachelors’s IE degrees in 2019-2020.
NIU not only placed well in this ranking. It is also #19 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend NIU is $18,346 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
With a ranking of #15, Youngstown State University did quite well on the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Youngstown State University is a fairly large public school situated in Youngstown, Ohio. It awarded 28 bachelors’s IE degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree ie students whose families make $48-$75k list, Youngstown State University has also earned the #23 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $13,786 for great lakes region bachelor’s degree ie students whose families make $48-$75k per year to attend Youngstown State University.
Read full report on Industrial Engineering at Youngstown State University
University of Wisconsin - Milwaukee did quite well in the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #16. University of Wisconsin - Milwaukee is located in Milwaukee, Wisconsin and, has a large student population. In 2019-2020, this school awarded 31 bachelors’s IE degrees to qualified students.
UWM also took the #15 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Milwaukee is $17,881 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
Bradley University did quite well in the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #17. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s IE degrees to 12 students in 2019-2020.
Bradley also made our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #10. The yearly cost to attend Bradley is $22,865 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
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 more about Industrial Engineering at Bradley University
Western Michigan University landed the #18 spot on the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s IE degrees to 17 students in 2019-2020.
WMU also took the #14 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend WMU is $19,841 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
Read more about Industrial Engineering at Western Michigan University
Baker College did quite well in the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #19. Located in Owosso, Michigan, this medium-sized private not-for-profit school awarded 1 diplomas to qualified bachelors’s IE students in 2019-2020.
Baker College did well in our major quality rankings, too. It placed #24 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $15,933 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k per year to attend Baker College.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Kent State University at Kent ranked #20 on this year’s Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Kent State is a large school located in Kent, Ohio that handed out 65 bachelors’s IE degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree ie students whose families make $48-$75k list, Kent State has also earned the #22 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,299 for great lakes region bachelor’s degree ie students whose families make $48-$75k per year to attend Kent State University at Kent.
Indiana Institute of Technology ranked #21 on this year’s Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. This small school is located in Fort Wayne, Indiana, and it awarded 16 bachelors’s IE degrees in 2019-2020.
As a testament to the quality of education offered at Indiana Tech, the school also landed the #20 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Indiana Institute of Technology is $18,453 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k.
Full Indiana Institute of Technology Industrial Engineering Report
With a ranking of #22, Kettering University did quite well on the 2022 Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Kettering is a small private not-for-profit school situated in Flint, Michigan. It awarded 23 bachelors’s IE degrees in 2019-2020.
Kettering not only placed well in this ranking. It is also #6 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $36,664 for great lakes region bachelor’s degree ie students whose families make $48-$75k per year to attend Kettering.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.
Ohio University - Athens Campus ranked #23 on this year’s Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in Athens, Ohio, this large public school handed out 19 diplomas to qualified bachelors’s IE students in 2019-2020.
OHIO Athens also made our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #21. The estimated yearly cost for OHIO Athens is $22,337 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
Read full report on Industrial Engineering at Ohio University - Athens Campus
Lawrence Technological University ranked #24 on this year’s Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Lawrence Technological University is a small school located in Southfield, Michigan that handed out 2 bachelors’s IE degrees in 2019-2020.
Lawrence Tech did well in our major quality rankings, too. It placed #13 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Lawrence Technological University is $32,036 for great lakes region bachelor’s degree ie students whose families make $48-$75k.
Indiana Institute of Technology - College of Professional Studies came in at #25 in this year’s edition of the Best Value IE Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Fort-Wayne, Indiana, and it awarded 20 bachelors’s IE degrees in 2019-2020.
Indiana Tech - CPS not only placed well in this ranking. It is also #25 on our “Best Industrial Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $17,386 for Great Lakes Region Bachelor’s Degree IE students whose families make $48-$75k per year to attend Indiana Institute of Technology - College of Professional Studies.
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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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