2022 Best Value Colleges for Operations Research in Illinois (With Aid)

It’s not easy to decide which college to attend when there so many options available for students. 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 Operations Research Schools in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2019-2020, 1,760 people earned their degree in operations research, making the major the 198th most popular in the United States. 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.

For this year’s “Best Value Operations Research Schools in Illinois For Those Getting Aid” ranking, we looked at 2 colleges that offer a degree in operations research. Not only do the schools that top this list have excellent operations research 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 operations research program at the school. Check out our ranking methodology for more information.

More Ways to Rank Operations Research Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Operations Research Schools in Illinois For Those Getting Aid” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Operations Research Schools in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value Operations Research Schools in Illinois For Those Getting Aid.

Top 2 Best Value Colleges for Operations Research in Illinois (With Aid)

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$15,880 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 Getting Aid 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 located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 62 ’s operations research degrees to qualified students.

UIUC did well in our major quality rankings, too. It placed #1 on our “Best Operations Research Schools in Illinois” list. The estimated yearly cost for UIUC is $15,880 for illinois operations research students with aid.

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

Read full report on Operations Research at UIUC

#2

Illinois Institute of Technology

Chicago, Illinois

#2 in overall quality

$22,831 Average Net Price

$62,621 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #2 for the Best Value Operations Research Schools in Illinois For Those Getting Aid. Illinois Institute of Technology is a medium-sized school located in Chicago, Illinois that handed out 4 ’s operations research degrees in 2019-2020.

Illinois Tech also took the #2 spot in our “Best Operations Research Schools in Illinois” ranking. The yearly cost to attend Illinois Institute of Technology is $22,831 for Illinois Operations Research students with aid.

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 school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Operations Research at Illinois Tech

• Best Value Colleges for Operations Research in the Great Lakes Region (With Aid)
• Best Value Colleges for Operations Research (With Aid)

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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