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2022 Best Value Bachelor’s Degree Colleges for General Business Administration and Management (Income $0-$30k) in Illinois

34 Ranked Colleges
3,003 Degrees Awarded
$14,400 Avg Net Price*
Best Value Business Administration Schools for a Bachelor's in Illinois For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

General Business Administration and Management is one of the most popular majors in the nation, ranking 1st of all the majors we analyze. In 2019-2020, 343,202 degrees were awarded to students with this major.

Across Illinois, there were 9,654 general business administration and management graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 3,003 general business administration and management graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking analyzed 34 colleges that offered a degree in general business administration and management. The schools that top this list are recognized because they have great general business administration and management programs and 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 general business administration and management program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k” list to help you make the college decision.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois bachelor’s degree business administration students whose families make $0-$30k.

Top 25 Best Value Bachelor’s Degree Colleges for General Business Administration and Management (Income $0-$30k) in Illinois

#12 in overall quality

You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #1 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Edwardsville, Illinois, this fairly large public school awarded 244 degrees to qualified bachelors’s business administration students in 2019-2020.

SIUE also took the #12 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Southern Illinois University Edwardsville is $8,055 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

Read more about General Business Administration and Management at SIUE

#2

Northern Illinois University

Dekalb, Illinois
#7 in overall quality

Out of the 34 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northern Illinois University landed the #2 spot on the list. Northern Illinois University is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 78 bachelors’s degrees in 2019-2020.

NIU also took the #7 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend NIU is $15,281 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

Read more about General Business Administration and Management at Northern Illinois University

#10 in overall quality

Out of the 34 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 56 bachelors’s business administration degrees to qualified students.

As a testament to the quality of education offered at UIC, the school also landed the #10 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Chicago is $10,648 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

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%.

Read full report on General Business Administration and Management at University of Illinois at Chicago

#13 in overall quality

Out of the 34 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Springfield landed the #4 spot on the list. Springfield, Illinois is the setting for this small institution of higher learning. The public school handed out bachelors’s business administration degrees to 122 students in 2019-2020.

UIS did well in our major quality rankings, too. It placed #13 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $9,771 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend UIS.

Read more about General Business Administration and Management at UIS

#5

Governors State University

University Park, Illinois
#25 in overall quality

You’ll be in good company if you decide to attend Governors State University. It ranked #5 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. GSU is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 87 bachelors’s business administration degrees to qualified students.

As a testament to the quality of education offered at GSU, the school also landed the #25 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Governors State University is $10,872 for illinois bachelor’s degree business administration students whose families make $0-$30k.

Read full report on General Business Administration and Management at Governors State University

#6

Illinois State University

Normal, Illinois
#4 in overall quality

Illinois State University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #6. Illinois State University is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 144 bachelors’s business administration degrees to qualified students.

Illinois State also made our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list, coming in at #4. It costs about $14,470 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend Illinois State.

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%.

Read full report on General Business Administration and Management at Illinois State

#7

Lewis University

Romeoville, Illinois
#9 in overall quality

Lewis University landed the #7 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Lewis is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 79 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $0-$30k list, Lewis has also earned the #9 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Lewis University is $12,821 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

The low student loan default rate of 3.6% 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%.

Full Lewis General Business Administration and Management Report

#8

Aurora University

Aurora, Illinois
#8 in overall quality

Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #8. Located in Aurora, Illinois, this medium-sized private not-for-profit school handed out 118 degrees to qualified bachelors’s business administration students in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $0-$30k list, Aurora has also earned the #8 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Aurora is $14,103 for illinois bachelor’s degree business administration students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Aurora General Business Administration and Management Report

#9

Illinois College

Jacksonville, Illinois
#18 in overall quality

With a ranking of #9, Illinois College did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Illinois College is a small school located in Jacksonville, Illinois that handed out 51 bachelors’s business administration degrees in 2019-2020.

Illinois College also took the #18 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $11,376 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend Illinois College.

Read full report on General Business Administration and Management at Illinois College

#10

Eastern Illinois University

Charleston, Illinois
#24 in overall quality

Eastern Illinois University landed the #10 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. EIU is a medium-sized public school situated in Charleston, Illinois. It awarded 13 bachelors’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at EIU, the school also landed the #24 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend EIU is $12,350 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

Read more about General Business Administration and Management at Eastern Illinois University

#11

Western Illinois University

Macomb, Illinois
#19 in overall quality

Western Illinois University came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 41 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at WIU, the school also landed the #19 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $13,942 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend WIU.

Full WIU General Business Administration and Management Report

#12

Monmouth College

Monmouth, Illinois
#16 in overall quality

Monmouth College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #12. Located in Monmouth, Illinois, this small private not-for-profit school awarded 43 diplomas to qualified bachelors’s business administration students in 2019-2020.

Monmouth not only placed well in this ranking. It is also #16 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Monmouth is $13,231 for illinois bachelor’s degree business administration students whose families make $0-$30k.

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%. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on General Business Administration and Management at Monmouth

#13

Elmhurst University

Elmhurst, Illinois
#5 in overall quality

Elmhurst University landed the #13 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Elmhurst University is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 29 bachelors’s business administration degrees in 2019-2020.

Elmhurst also took the #5 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Elmhurst is $16,903 for illinois bachelor’s degree business administration students whose families make $0-$30k.

The low student loan default rate of 3.0% 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%.

Full Elmhurst University General Business Administration and Management Report

With a ranking of #14, Southern Illinois University Carbondale did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 29 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend Southern Illinois University Carbondale is $13,658 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

Full Southern Illinois University Carbondale General Business Administration and Management Report

#15

Augustana College

Rock Island, Illinois
#1 in overall quality

Augustana College landed the #15 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Rock Island, Illinois, this small private not-for-profit school handed out 52 diplomas to qualified bachelors’s business administration students in 2019-2020.

Augustana also made our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list, coming in at #1. The estimated yearly cost for Augustana College is $20,355 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Read full report on General Business Administration and Management at Augustana

#16

Bradley University

Peoria, Illinois
#6 in overall quality

Bradley University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #16. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 38 students in 2019-2020.

Bradley did well in our major quality rankings, too. It placed #6 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Bradley is $17,205 for illinois bachelor’s degree business administration students whose families make $0-$30k.

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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on General Business Administration and Management at Bradley

#17

Millikin University

Decatur, Illinois
#20 in overall quality

Millikin University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Decatur, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 20 students in 2019-2020.

Millikin did well in our major quality rankings, too. It placed #20 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Millikin is $17,656 for illinois bachelor’s degree business administration students whose families make $0-$30k.

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.

Read more about General Business Administration and Management at Millikin

#18

Dominican University

River Forest, Illinois
#14 in overall quality

Dominican University came in at #18 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Dominican University is a private not-for-profit institution located in River Forest, Illinois. The school has a small population, and it awarded 69 bachelors’s degrees in 2019-2020.

Dominican U not only placed well in this ranking. It is also #14 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Dominican U is $17,060 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

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.

Full Dominican U General Business Administration and Management Report

#19

McKendree University

Lebanon, Illinois
#21 in overall quality

McKendree University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #19. Lebanon, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 50 students in 2019-2020.

McKendree did well in our major quality rankings, too. It placed #21 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $15,184 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend McKendree.

Read full report on General Business Administration and Management at McKendree University

#20

North Park University

Chicago, Illinois
#15 in overall quality

North Park University ranked #20 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. North Park is a small school located in Chicago, Illinois that handed out 102 bachelors’s business administration degrees in 2019-2020.

North Park also made our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list, coming in at #15. The yearly cost to attend North Park is $17,808 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.

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.

Read full report on General Business Administration and Management at North Park University

#3 in overall quality

Illinois Institute of Technology landed the #21 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Chicago, Illinois, this medium-sized private not-for-profit school awarded 24 degrees to qualified bachelors’s business administration students in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #3 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $17,222 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend Illinois Institute of Technology.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%.

Full Illinois Institute of Technology General Business Administration and Management Report

#22

National Louis University

Chicago, Illinois

National Louis University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #22. NLU is a medium-sized school located in Chicago, Illinois that handed out 36 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend NLU is $14,178 for illinois bachelor’s degree business administration students whose families make $0-$30k.

Read full report on General Business Administration and Management at NLU

#23

Judson University

Elgin, Illinois
#11 in overall quality

Judson University landed the #23 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Judson University is a private not-for-profit institution located in Elgin, Illinois. The school has a small population, and it awarded 41 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $0-$30k list, Judson has also earned the #11 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,154 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend Judson University.

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.

Full Judson General Business Administration and Management Report

Northeastern Illinois University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Chicago, Illinois, this medium-sized public school awarded 70 diplomas to qualified bachelors’s business administration students in 2019-2020.

It costs about $14,816 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Northeastern Illinois University.

Read more about General Business Administration and Management at Northeastern Illinois University

#25

Olivet Nazarene University

Bourbonnais, Illinois
#22 in overall quality

Olivet Nazarene University came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Olivet Nazarene is a small school located in Bourbonnais, Illinois that handed out 59 bachelors’s business administration degrees in 2019-2020.

Olivet Nazarene did well in our major quality rankings, too. It placed #22 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Olivet Nazarene University is $15,806 for illinois bachelor’s degree business administration students whose families make $0-$30k.

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%.

Read full report on General Business Administration and Management at Olivet Nazarene

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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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