2022 Best Value Colleges for Operations Research (Income $30-$48k) 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 Operations Research Schools in Illinois For Those Making $30-$48k” ranking is part of that endeavor.

Operations Research is the 198th most popular major in the country with 1,760 degrees awarded in 2019-2020. In 2017-2018, operations research graduates who were awarded their degree in 2015-2017, earned an average of $79,967 and had an average of $28,139 in loans still to pay off.

Across Illinois, there were 66 operations research graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Operations Research Schools in Illinois For Those Making $30-$48k” ranking analyzed 2 colleges that offered a degree in operations research. The schools that top this list are recognized because they have great operations research programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the operations research program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

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 Operations Research Schools in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Operations Research Schools in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Operations Research Schools in Illinois For Those Making $30-$48k.

Top 2 Best Value Colleges for Operations Research (Income $30-$48k) in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$8,464 Average Net Price

$49,122 Average Early-Career Earnings

Out of the 2 schools in the Best Value Operations Research Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 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 62 ’s degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #1 on our “Best Operations Research Schools in Illinois” list. It costs about $8,464 for Illinois Operations Research students whose families make $30-$48k per year to attend University of Illinois at Urbana-Champaign.

The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read more about Operations Research at UIUC

#2

Illinois Institute of Technology

Chicago, Illinois

#2 in overall quality

$18,720 Average Net Price

$62,621 Average Early-Career Earnings

Out of the 2 schools in the Best Value Operations Research Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Illinois Institute of Technology landed the #2 spot on the list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s operations research degrees to 4 students in 2019-2020.

In addition to being on our illinois operations research students whose families make $30-$48k list, Illinois Tech has also earned the #2 rank in our “Best Operations Research Schools in Illinois” ranking. The estimated yearly cost for Illinois Institute of Technology is $18,720 for Illinois Operations Research students whose families make $30-$48k.

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 impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.

Full Illinois Tech Operations Research Report

• Best Value Colleges for Operations Research (Income $30-$48k) in the Great Lakes Region
• Best Value Colleges for Operations Research (Income $30-$48k)

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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