2022 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $0-$30k) in Illinois
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.
Business/Managerial Economics is the 110th most popular major in the country with 6,169 degrees awarded in 2019-2020. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.
Across Illinois, there were 271 business/managerial economics graduates with average earnings and debt of $50,133 and $21,458 respectively. At the bachelor’s degree level specifically, there were 226 business/managerial economics graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking analyzed 9 colleges that offered a degree in business/managerial economics. The schools that top this list are recognized because they have great business/managerial economics 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/managerial economics program at the school. Check out our ranking methodology for more information.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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.
Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k.
Top 9 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics (Income $0-$30k) in Illinois
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #1 for the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k. SIUE is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 34 bachelors’s degrees in 2019-2020.
SIUE also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #6. The yearly cost to attend Southern Illinois University Edwardsville is $8,055 for illinois bachelor’s degree managerial economics students whose families make $0-$30k.
Out of the 9 schools in the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Wheaton College Illinois landed the #2 spot on the list. Wheaton College Illinois is a small private not-for-profit school situated in Wheaton, Illinois. It awarded 66 bachelors’s managerial economics degrees in 2019-2020.
Wheaton College Illinois did well in our major quality rankings, too. It placed #1 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. It costs about $18,440 for illinois bachelor’s degree managerial economics students whose families make $0-$30k per year to attend Wheaton College Illinois.
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%. 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. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
Read more about Business/Managerial Economics at Wheaton College Illinois
Out of the 9 schools in the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Lewis University landed the #3 spot on the list. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 11 bachelors’s managerial economics degrees to qualified students.
As a testament to the quality of education offered at Lewis, the school also landed the #5 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Lewis University is $12,821 for Illinois Bachelor’s Degree Managerial Economics 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%.
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #4 for the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Southern Illinois University Carbondale is a fairly large public school situated in Carbondale, Illinois. It awarded 5 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at SIUC, the school also landed the #8 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $13,658 for Illinois Bachelor’s Degree Managerial Economics students whose families make $0-$30k per year to attend Southern Illinois University Carbondale.
Out of the 9 schools in the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Western Illinois University landed the #5 spot on the list. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 4 students in 2019-2020.
WIU not only placed well in this ranking. It is also #9 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend WIU is $13,942 for illinois bachelor’s degree managerial economics students whose families make $0-$30k.
Bradley University landed the #6 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Bradley University is a medium-sized school located in Peoria, Illinois that handed out 6 bachelors’s managerial economics degrees in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #3 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. It costs about $17,205 for illinois bachelor’s degree managerial economics students whose families make $0-$30k per year to attend Bradley.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. 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%.
Read full report on Business/Managerial Economics at Bradley
Benedictine University landed the #7 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. This small school is located in Lisle, Illinois, and it awarded 4 bachelors’s managerial economics degrees in 2019-2020.
Benedictine U did well in our major quality rankings, too. It placed #7 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. It costs about $22,862 for illinois bachelor’s degree managerial economics students whose families make $0-$30k per year to attend Benedictine University.
Full Benedictine University Business/Managerial Economics Report
Loyola University Chicago landed the #8 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 63 students in 2019-2020.
In addition to being on our illinois bachelor’s degree managerial economics students whose families make $0-$30k list, Loyola Chicago has also earned the #2 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Loyola University Chicago is $29,440 for illinois bachelor’s degree managerial economics 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 Business/Managerial Economics at Loyola University Chicago
DePaul University ranked #9 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Chicago, Illinois, this large private not-for-profit school awarded 33 diplomas to qualified bachelors’s managerial economics students in 2019-2020.
DePaul did well in our major quality rankings, too. It placed #4 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for DePaul is $26,173 for illinois bachelor’s degree managerial economics students whose families make $0-$30k.
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%.
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Best Business/Managerial Economics Bachelor's Degree Schools in Illinois
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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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