2022 Best Value Bachelor’s Degree Colleges for Engineering (Income Over $110k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking is one tool we have developed to help in this regard.
With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.
Across Illinois, there were 6,518 engineering graduates with average earnings and debt of $65,008 and $25,246 respectively. At the bachelor’s degree level specifically, there were 3,865 engineering graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking analyzed 11 colleges that offered a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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More Ways to Rank Engineering Schools
The engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k”.
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. 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.
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Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k
The following schools top our list of the Best Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k.
Top 11 Best Value Bachelor’s Degree Colleges for Engineering (Income Over $110k) in Illinois
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 1,667 students in 2019-2020.
UIUC not only placed well in this ranking. It is also #2 on our “Best Engineering Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $15,880 for illinois bachelor’s degree engineering students whose families make more than $110k.
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.
Out of the 11 schools in the Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Northern Illinois University landed the #2 spot on the list. NIU is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 238 bachelors’s degrees in 2019-2020.
NIU also made our “Best Engineering Bachelor’s Degree Schools in Illinois” list, coming in at #8. The yearly cost to attend Northern Illinois University is $18,259 for illinois bachelor’s degree engineering students whose families make more than $110k.
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k list. This large school is located in Chicago, Illinois, and it awarded 560 bachelors’s engineering degrees in 2019-2020.
UIC also took the #6 spot in our “Best Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIC is $13,312 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #4 on our 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Southern Illinois University Edwardsville is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 206 bachelors’s engineering degrees to qualified students.
SIUE not only placed well in this ranking. It is also #9 on our “Best Engineering Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend SIUE is $14,423 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k.
Out of the 11 schools in the Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Olivet Nazarene University landed the #5 spot on the list. This small school is located in Bourbonnais, Illinois, and it awarded 79 bachelors’s engineering degrees in 2019-2020.
Olivet Nazarene also made our “Best Engineering Bachelor’s Degree Schools in Illinois” list, coming in at #7. The yearly cost to attend Olivet Nazarene University is $20,195 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k.
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%.
Read full report on Engineering at Olivet Nazarene University
Southern Illinois University Carbondale landed the #6 spot on the 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s engineering degrees to 140 students in 2019-2020.
In addition to being on our illinois bachelor’s degree engineering students whose families make more than $110k list, SIUC has also earned the #10 rank in our “Best Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Carbondale is $16,945 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k.
Western Illinois University landed the #7 spot on the 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. This medium-sized school is located in Macomb, Illinois, and it awarded 24 bachelors’s engineering degrees in 2019-2020.
WIU also made our “Best Engineering Bachelor’s Degree Schools in Illinois” list, coming in at #11. It costs about $16,210 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k per year to attend WIU.
Northwestern University came in at #8 in this year’s edition of the Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 362 bachelors’s degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree engineering students whose families make more than $110k list, Northwestern has also earned the #1 rank in our “Best Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Northwestern University is $24,664 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k.
The impressive student-to-faculty ratio of 6 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 0.8%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Illinois Institute of Technology did quite well in the 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking, coming in at #9. Illinois Tech is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 317 bachelors’s engineering degrees to qualified students.
Illinois Tech also took the #5 spot in our “Best Engineering Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,831 for illinois bachelor’s degree engineering students whose families make more than $110k per year to attend Illinois Institute of Technology.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
With a ranking of #10, Bradley University did quite well on the 2022 Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Bradley is a medium-sized school located in Peoria, Illinois that handed out 162 bachelors’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Bradley, the school also landed the #4 spot in our “Best Engineering Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Bradley University is $25,634 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Wheaton College Illinois ranked #11 on this year’s Best Vallue Engineering Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 7 bachelors’s engineering degrees to qualified students.
In addition to being on our illinois bachelor’s degree engineering students whose families make more than $110k list, Wheaton College Illinois has also earned the #3 rank in our “Best Engineering Bachelor’s Degree Schools in Illinois” ranking. It costs about $25,358 for Illinois Bachelor’s Degree Engineering students whose families make more than $110k per year to attend Wheaton College Illinois.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
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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.
Credits
- Credit for the banner image above goes to Petty Officer 3rd Class Declan Barnes.
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