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2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k

58 Ranked Colleges
9,654 Degrees Awarded
Best Value Business Administration Schools in Illinois For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Business Administration Schools in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2019-2020, 343,202 general business administration and management students received their degree, making the major the 1st most popular in the country.

Across Illinois, there were 9,654 general business administration and management graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Business Administration Schools in Illinois For Those Making $48-$75k” ranking looked at 58 colleges that offer degrees in a bachelor’s 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.

When determining these rankings, we looked at things such as overall quality of the general business administration and management program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank General Business Administration and Management Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools in Illinois For Those Making $48-$75k” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to 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 in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Business Administration Schools in Illinois For Those Making $48-$75k.

Top 25 Best Value Colleges for General Business Administration and Management (Income $48-$75k) in Illinois

#1

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Located in Evanston, Illinois, this large private not-for-profit school handed out 306 degrees to qualified ’s business administration students in 2019-2020.

Northwestern also made our “Best General Business Administration and Management Schools in Illinois” list, coming in at #2. It costs about $6,452 for illinois business administration students whose families make $48-$75k per year to attend Northwestern.

With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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 school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Full Northwestern General Business Administration and Management Report

#2

University of Chicago

Chicago, Illinois

Out of the 58 schools in the Best Value Business Administration Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 228 ’s business administration degrees to qualified students.

UChicago did well in our major quality rankings, too. It placed #1 on our “Best General Business Administration and Management Schools in Illinois” list. The yearly cost to attend UChicago is $7,934 for Illinois Business Administration students whose families make $48-$75k.

Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.6% 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%. With a freshman retention rate of 100%, the school does an excellent job of retaining its students.

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

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value Business Administration Schools in Illinois For Those Making $48-$75k. UIUC is a large public school situated in Champaign, Illinois. It awarded 703 ’s business administration degrees in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 on our “Best General Business Administration and Management Schools in Illinois” list. The estimated yearly cost for UIUC is $13,351 for illinois business administration students whose families make $48-$75k.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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%.

Read full report on General Business Administration and Management at UIUC

#4

Waubonsee Community College

Sugar Grove, Illinois

You’ll be in good company if you decide to attend Waubonsee Community College. It ranked #4 on our 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Waubonsee is a medium-sized school located in Sugar Grove, Illinois that handed out 22 ’s business administration degrees in 2019-2020.

Waubonsee also made our “Best General Business Administration and Management Schools in Illinois” list, coming in at #17. It costs about $6,779 for Illinois Business Administration students whose families make $48-$75k per year to attend Waubonsee.

Read full report on General Business Administration and Management at Waubonsee

#5

Elgin Community College

Elgin, Illinois

You’ll join some of the best and brightest minds around if you attend Elgin Community College. The school came in at #5 for the Best Value Business Administration Schools in Illinois For Those Making $48-$75k. This medium-sized school is located in Elgin, Illinois, and it awarded 7 ’s business administration degrees in 2019-2020.

It costs about $6,022 for Illinois Business Administration students whose families make $48-$75k per year to attend ECC.

Read more about General Business Administration and Management at Elgin Community College

#6

McHenry County College

Crystal Lake, Illinois

McHenry County College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking, coming in at #6. Crystal Lake, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business administration degrees to 34 students in 2019-2020.

The estimated yearly cost for McHenry County College is $8,060 for illinois business administration students whose families make $48-$75k.

Read more about General Business Administration and Management at MCC

#7

Moraine Valley Community College

Palos Hills, Illinois

Moraine Valley Community College ranked #7 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. MVCC is located in Palos Hills, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 18 ’s business administration degrees to qualified students.

The yearly cost to attend Moraine Valley Community College is $5,411 for illinois business administration students whose families make $48-$75k.

Full Moraine Valley Community College General Business Administration and Management Report

#8

William Rainey Harper College

Palatine, Illinois

William Rainey Harper College came in at #8 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking. Harper College is a public institution located in Palatine, Illinois. The school has a fairly large population, and it awarded 86 ’s degrees in 2019-2020.

It costs about $9,539 for Illinois Business Administration students whose families make $48-$75k per year to attend William Rainey Harper College.

Full William Rainey Harper College General Business Administration and Management Report

#9

Triton College

River Grove, Illinois

Triton College ranked #9 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Triton College is located in River Grove, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 15 ’s business administration degrees to qualified students.

It costs about $7,436 for illinois business administration students whose families make $48-$75k per year to attend Triton College.

Read more about General Business Administration and Management at Triton College

#10

College of Lake County

Grayslake, Illinois

College of Lake County ranked #10 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. College of Lake County is a fairly large school located in Grayslake, Illinois that handed out 10 ’s business administration degrees in 2019-2020.

The estimated yearly cost for College of Lake County is $6,232 for illinois business administration students whose families make $48-$75k.

Read full report on General Business Administration and Management at College of Lake County

#11

University of Illinois at Springfield

Springfield, Illinois

University of Illinois at Springfield ranked #11 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. University of Illinois at Springfield is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 157 ’s business administration degrees to qualified students.

In addition to being on our illinois business administration students whose families make $48-$75k list, UIS has also earned the #22 rank in our “Best General Business Administration and Management Schools in Illinois” ranking. The estimated yearly cost for UIS is $11,857 for illinois business administration students whose families make $48-$75k.

Read full report on General Business Administration and Management at UIS

University of Illinois at Chicago ranked #12 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. UIC is a large school located in Chicago, Illinois that handed out 259 ’s business administration degrees in 2019-2020.

UIC not only placed well in this ranking. It is also #11 on our “Best General Business Administration and Management Schools in Illinois” list. The yearly cost to attend University of Illinois at Chicago is $13,683 for illinois business administration students whose families make $48-$75k.

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%.

Full University of Illinois at Chicago General Business Administration and Management Report

#12

Northern Illinois University

Dekalb, Illinois

Northern Illinois University came in at #12 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking. Located in Dekalb, Illinois, this fairly large public school awarded 224 degrees to qualified ’s business administration students in 2019-2020.

NIU did well in our major quality rankings, too. It placed #12 on our “Best General Business Administration and Management Schools in Illinois” list. It costs about $18,346 for illinois business administration students whose families make $48-$75k per year to attend Northern Illinois University.

Full Northern Illinois University General Business Administration and Management Report

Lewis and Clark Community College ranked #14 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Lewis and Clark Community College is a small school located in Godfrey, Illinois that handed out 28 ’s business administration degrees in 2019-2020.

The estimated yearly cost for Lewis and Clark Community College is $7,048 for Illinois Business Administration students whose families make $48-$75k.

Full Lewis and Clark Community College General Business Administration and Management Report

Southern Illinois University Edwardsville did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking, coming in at #15. Located in Edwardsville, Illinois, this fairly large public school handed out 324 degrees to qualified ’s business administration students in 2019-2020.

As a testament to the quality of education offered at SIUE, the school also landed the #20 spot in our “Best General Business Administration and Management Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Edwardsville is $13,705 for Illinois Business Administration students whose families make $48-$75k.

Read full report on General Business Administration and Management at Southern Illinois University Edwardsville

#16

Judson University

Elgin, Illinois

Judson University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking, coming in at #16. This small school is located in Elgin, Illinois, and it awarded 74 ’s business administration degrees in 2019-2020.

Judson not only placed well in this ranking. It is also #18 on our “Best General Business Administration and Management Schools in Illinois” list. The estimated yearly cost for Judson is $15,971 for illinois business administration students whose families make $48-$75k.

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 Judson University

#17

Kankakee Community College

Kankakee, Illinois

Kankakee Community College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking, coming in at #17. This small school is located in Kankakee, Illinois, and it awarded 28 ’s business administration degrees in 2019-2020.

The yearly cost to attend Kankakee Community College is $8,158 for illinois business administration students whose families make $48-$75k.

Full Kankakee Community College General Business Administration and Management Report

#18

Aurora University

Aurora, Illinois

Aurora University ranked #18 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Aurora University is a medium-sized school located in Aurora, Illinois that handed out 264 ’s business administration degrees in 2019-2020.

In addition to being on our illinois business administration students whose families make $48-$75k list, Aurora has also earned the #15 rank in our “Best General Business Administration and Management Schools in Illinois” ranking. It costs about $15,881 for illinois business administration students whose families make $48-$75k per year to attend Aurora University.

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%.

Full Aurora General Business Administration and Management Report

#19

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking, coming in at #19. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business administration degrees to 49 students in 2019-2020.

It costs about $13,560 for Illinois Business Administration students whose families make $48-$75k per year to attend Eastern Illinois University.

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

#20

Governors State University

University Park, Illinois

With a ranking of #20, Governors State University did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Governors State University is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 110 ’s business administration degrees to qualified students.

The estimated yearly cost for GSU is $11,872 for illinois business administration students whose families make $48-$75k.

Full Governors State University General Business Administration and Management Report

#21

Augustana College

Rock Island, Illinois

Augustana College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking, coming in at #21. Augustana is a small private not-for-profit school situated in Rock Island, Illinois. It awarded 52 ’s business administration degrees in 2019-2020.

Augustana did well in our major quality rankings, too. It placed #5 on our “Best General Business Administration and Management Schools in Illinois” list. The yearly cost to attend Augustana is $21,453 for Illinois Business Administration students whose families make $48-$75k.

With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.

Full Augustana General Business Administration and Management Report

#22

Monmouth College

Monmouth, Illinois

Monmouth College landed the #22 spot on the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k ranking. Monmouth is a small school located in Monmouth, Illinois that handed out 43 ’s business administration degrees in 2019-2020.

Monmouth not only placed well in this ranking. It is also #19 on our “Best General Business Administration and Management Schools in Illinois” list. It costs about $15,960 for Illinois Business Administration students whose families make $48-$75k per year to attend Monmouth College.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

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

#23

University of St Francis

Joliet, Illinois

University of St Francis ranked #23 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. University of Saint Francis is a private not-for-profit institution located in Joliet, Illinois. The school has a small population, and it awarded 55 ’s degrees in 2019-2020.

University of Saint Francis also made our “Best General Business Administration and Management Schools in Illinois” list, coming in at #21. The yearly cost to attend University of St Francis is $14,220 for Illinois Business Administration students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.

Read full report on General Business Administration and Management at University of Saint Francis

#24

Parkland College

Champaign, Illinois

With a ranking of #24, Parkland College did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Parkland College is located in Champaign, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 17 ’s business administration degrees to qualified students.

It costs about $10,888 for Illinois Business Administration students whose families make $48-$75k per year to attend Parkland College.

Full Parkland College General Business Administration and Management Report

#25

Lewis University

Romeoville, Illinois

Lewis University ranked #25 on this year’s Best Value Business Administration Schools in Illinois For Those Making $48-$75k list. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 179 ’s business administration degrees to qualified students.

Lewis not only placed well in this ranking. It is also #16 on our “Best General Business Administration and Management Schools in Illinois” list. The yearly cost to attend Lewis University is $16,489 for Illinois Business Administration students whose families make $48-$75k.

The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Business Administration and Management at Lewis

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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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