2022 Best Value Colleges for Industrial Engineering (Income $48-$75k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. 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 in Illinois For Those Making $48-$75k” ranking is part of that endeavor.
Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. 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 $48-$75k” 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.
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. For more information, check out our ranking methodology.
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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 $48-$75k” 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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value IE Schools in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois ie students whose families make $48-$75k.
Top 6 Best Value Colleges for Industrial Engineering (Income $48-$75k) in 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 $48-$75k list. Northwestern University is a large school located in Evanston, Illinois that handed out 112 ’s IE degrees in 2019-2020.
In addition to being on our illinois ie students whose families make $48-$75k list, Northwestern has also earned the #1 rank in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $6,452 for illinois ie students whose families make $48-$75k per year to attend Northwestern University.
With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
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 $48-$75k list. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 85 ’s IE degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $13,351 for Illinois IE students whose families make $48-$75k per year to attend UIUC.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read full report on Industrial Engineering at University of Illinois at Urbana-Champaign
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Value IE Schools in Illinois For Those Making $48-$75k. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 51 ’s IE degrees in 2019-2020.
UIC also made our “Best Industrial Engineering Schools in Illinois” list, coming in at #4. The estimated yearly cost for University of Illinois at Chicago is $13,683 for illinois ie students whose families make $48-$75k.
The low student loan default rate of 3.4% 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%.
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #4 on our 2022 Best Value IE Schools in Illinois For Those Making $48-$75k list. Located in Edwardsville, Illinois, this fairly large public school handed out 42 degrees to qualified ’s IE students in 2019-2020.
In addition to being on our illinois ie students whose families make $48-$75k list, SIUE has also earned the #5 rank in our “Best Industrial Engineering Schools in Illinois” ranking. The estimated yearly cost for SIUE is $13,705 for Illinois IE students whose families make $48-$75k.
Out of the 6 schools in the Best Value IE Schools in Illinois For Those Making $48-$75k 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.
NIU not only placed well in this ranking. It is also #6 on our “Best Industrial Engineering Schools in Illinois” list. The yearly cost to attend NIU is $18,346 for Illinois IE students whose families make $48-$75k.
Bradley University did quite well in the 2022 Best Value IE Schools in Illinois For Those Making $48-$75k ranking, coming in at #6. Bradley University is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 18 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Bradley, the school also landed the #3 spot in our “Best Industrial Engineering Schools in Illinois” ranking. The estimated yearly cost for Bradley University is $22,865 for illinois ie students whose families make $48-$75k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. 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%.
- Best Value Colleges for Industrial Engineering (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Industrial Engineering (Income $48-$75k)
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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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