2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $0-$30k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. 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 Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is part of that endeavor.
Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.
Across Illinois, there were 12,211 business administration and management graduates with average earnings and debt of $53,855 and $33,288 respectively. At the bachelor’s degree level specifically, there were 4,577 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 looked at 42 colleges that offer degrees in a bachelor’s in business administration and management. The schools that top this list are recognized because they have great 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 business administration and management program at the school. For more information, check out our ranking methodology.
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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 for a Bachelor’s in Illinois For Those Making $0-$30k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
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 Business Administration & Management (Income $0-$30k) in Illinois
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 #1 for the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k. UIUC is a large public school situated in Champaign, Illinois. It awarded 135 bachelors’s business administration degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students whose families make $0-$30k list, UIUC has also earned the #1 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $5,477 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Full University of Illinois at Urbana-Champaign Business Administration & Management Report
Out of the 42 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, Southern Illinois University Edwardsville landed the #2 spot on the list. This fairly large school is located in Edwardsville, Illinois, and it awarded 244 bachelors’s business administration degrees in 2019-2020.
SIUE not only placed well in this ranking. It is also #14 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $8,055 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend SIUE.
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #3 for the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 174 bachelors’s business administration degrees in 2019-2020.
NIU not only placed well in this ranking. It is also #9 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Northern Illinois University is $15,281 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
Out of the 42 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 #4 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 56 students in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students whose families make $0-$30k list, UIC has also earned the #12 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend UIC 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%.
Full University of Illinois at Chicago Business Administration & Management Report
You’ll be in good company if you decide to attend University of Illinois at Springfield. It ranked #5 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. University of Illinois at Springfield is a small public school situated in Springfield, Illinois. It awarded 122 bachelors’s business administration degrees in 2019-2020.
UIS also took the #15 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $9,771 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend University of Illinois at Springfield.
Read full report on Business Administration & Management at UIS
Governors State University landed the #6 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Governors State University is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 100 bachelors’s business administration degrees to qualified students.
The yearly cost to attend GSU is $10,872 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
Full Governors State University Business Administration & Management Report
Illinois State University came in at #7 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Illinois State University is a large school located in Normal, Illinois that handed out 144 bachelors’s business administration degrees in 2019-2020.
Illinois State not only placed well in this ranking. It is also #6 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois State is $14,470 for illinois bachelor’s degree business administration students whose families make $0-$30k.
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 Illinois State University Business Administration & Management Report
Lewis University ranked #8 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Lewis is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 90 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Lewis, the school also landed the #11 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Lewis is $12,821 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
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 full report on Business Administration & Management at Lewis University
Aurora University ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. This medium-sized school is located in Aurora, Illinois, and it awarded 128 bachelors’s business administration degrees 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 #10 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Aurora University 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%.
Read more about Business Administration & Management at Aurora University
Illinois College came in at #10 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Jacksonville, 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 51 students in 2019-2020.
Illinois College also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #21. The yearly cost to attend Illinois College is $11,376 for illinois bachelor’s degree business administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Illinois College
Eastern 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. EIU is a public institution located in Charleston, Illinois. The school has a medium-sized population, and it awarded 13 bachelors’s degrees in 2019-2020.
It costs about $12,350 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Eastern Illinois University.
Western Illinois University ranked #12 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Macomb, Illinois, this medium-sized public school awarded 80 degrees to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at WIU, the school also landed the #22 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Western Illinois University is $13,942 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
Monmouth College ranked #13 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Monmouth, Illinois, this small private not-for-profit school handed out 43 diplomas to qualified bachelors’s business administration students in 2019-2020.
Monmouth also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #18. The estimated yearly cost for Monmouth is $13,231 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
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. The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Administration & Management at Monmouth College
Elmhurst University ranked #14 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Elmhurst University is a private not-for-profit institution located in Elmhurst, Illinois. The school has a small population, and it awarded 92 bachelors’s degrees in 2019-2020.
Elmhurst not only placed well in this ranking. It is also #7 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $16,903 for illinois bachelor’s degree business administration students whose families make $0-$30k per year to attend Elmhurst.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Administration & Management at Elmhurst
Southern Illinois University Carbondale 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 #15. Located in Carbondale, Illinois, this fairly large public school awarded 29 diplomas to qualified bachelors’s business administration students 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.
Read more about Business Administration & Management at Southern Illinois University Carbondale
Augustana College ranked #16 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Rock Island, 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 52 students in 2019-2020.
Augustana did well in our major quality rankings, too. It placed #2 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $20,355 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Augustana College.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at Augustana
University of St Francis ranked #17 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. University of Saint Francis is a small private not-for-profit school situated in Joliet, Illinois. It awarded 3 bachelors’s business administration degrees in 2019-2020.
University of Saint Francis not only placed well in this ranking. It is also #24 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend University of St Francis is $15,847 for illinois bachelor’s degree business administration students whose families make $0-$30k.
The low student loan default rate of 3.3% 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 University of Saint Francis Business Administration & Management Report
Bradley University ranked #18 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. 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 52 students in 2019-2020.
Bradley not only placed well in this ranking. It is also #8 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Bradley University is $17,205 for illinois bachelor’s degree business administration students whose families make $0-$30k.
The low student loan default rate of 2.5% 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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
With a ranking of #19, Millikin University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Millikin is located in Decatur, Illinois and, has a small student population. In 2019-2020, this school awarded 30 bachelors’s business administration degrees to qualified students.
Millikin not only placed well in this ranking. It is also #23 on our “Best Business Administration & 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 full report on Business Administration & Management at Millikin
With a ranking of #20, Dominican University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Dominican U is located in River Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 69 bachelors’s business administration degrees to qualified students.
In addition to being on our illinois bachelor’s degree business administration students whose families make $0-$30k list, Dominican U has also earned the #16 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Dominican U is $17,060 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k.
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 Dominican U Business Administration & Management Report
McKendree University landed the #21 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. McKendree University is a private not-for-profit institution located in Lebanon, Illinois. The school has a small population, and it awarded 50 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at McKendree, the school also landed the #25 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for McKendree is $15,184 for illinois bachelor’s degree business administration students whose families make $0-$30k.
North Park University ranked #22 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 private not-for-profit school situated in Chicago, Illinois. It awarded 114 bachelors’s business administration degrees in 2019-2020.
North Park did well in our major quality rankings, too. It placed #17 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $17,808 for Illinois Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend North Park University.
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 Business Administration & Management at North Park
With a ranking of #23, Illinois Institute of Technology did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Illinois Tech is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 24 bachelors’s business administration degrees in 2019-2020.
Illinois Tech not only placed well in this ranking. It is also #4 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois Tech is $17,222 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 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. 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 Illinois Institute of Technology Business Administration & Management Report
National Louis University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. National Louis University 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 National Louis University is $14,178 for illinois bachelor’s degree business administration students whose families make $0-$30k.
Judson 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. Elgin, 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 55 students in 2019-2020.
As a testament to the quality of education offered at Judson, the school also landed the #13 spot in our “Best Business Administration & 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.
Read more about Business Administration & Management at Judson University
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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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