2022 Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k
When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k” ranking.
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.
For this year’s “Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k” ranking, we looked at 10 colleges that offer a degree in business/managerial economics. Not only do the schools that top this list have excellent business/managerial economics programs, but they also cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the business/managerial economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k.
Top 10 Best Value Colleges for Business/Managerial Economics (Income $30-$48k) in Illinois
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k. Located in Evanston, Illinois, this large private not-for-profit school handed out 45 degrees to qualified ’s managerial economics students in 2019-2020.
Northwestern also took the #1 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The yearly cost to attend Northwestern is $3,995 for illinois managerial economics students whose families make $30-$48k.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Read more about Business/Managerial Economics at Northwestern University
Out of the 10 schools in the Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #2 spot on the list. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 34 ’s managerial economics degrees in 2019-2020.
SIUE not only placed well in this ranking. It is also #7 on our “Best Business/Managerial Economics Schools in Illinois” list. The estimated yearly cost for SIUE is $9,938 for Illinois Managerial Economics students whose families make $30-$48k.
Full Southern Illinois University Edwardsville Business/Managerial Economics Report
You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #3 on our 2022 Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k list. Wheaton, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s managerial economics degrees to 66 students in 2019-2020.
Wheaton College Illinois also made our “Best Business/Managerial Economics Schools in Illinois” list, coming in at #2. The yearly cost to attend Wheaton College Illinois is $16,212 for illinois managerial economics students whose families make $30-$48k.
The low student loan default rate of 0.7% 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 90%, which means students like the school well enough to return for a second year. 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.
Full Wheaton College Illinois Business/Managerial Economics Report
Out of the 10 schools in the Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Carbondale landed the #4 spot on the list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 5 ’s managerial economics degrees in 2019-2020.
In addition to being on our illinois managerial economics students whose families make $30-$48k list, SIUC has also earned the #9 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Carbondale is $14,306 for illinois managerial economics students whose families make $30-$48k.
You’ll join some of the best and brightest minds around if you attend Western Illinois University. The school came in at #5 for the Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k. Western Illinois University is located in Macomb, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 4 ’s managerial economics degrees to qualified students.
WIU not only placed well in this ranking. It is also #10 on our “Best Business/Managerial Economics Schools in Illinois” list. It costs about $14,526 for Illinois Managerial Economics students whose families make $30-$48k per year to attend WIU.
Read full report on Business/Managerial Economics at Western Illinois University
With a ranking of #6, Lewis University did quite well on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k list. Lewis University is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 11 ’s degrees in 2019-2020.
In addition to being on our illinois managerial economics students whose families make $30-$48k list, Lewis has also earned the #6 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. It costs about $13,377 for Illinois Managerial Economics students whose families make $30-$48k per year to attend Lewis University.
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%.
Read more about Business/Managerial Economics at Lewis University
Bradley University did quite well in the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k ranking, coming in at #7. Bradley University is a medium-sized school located in Peoria, Illinois that handed out 6 ’s managerial economics degrees in 2019-2020.
In addition to being on our illinois managerial economics students whose families make $30-$48k list, Bradley has also earned the #4 rank in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for Bradley is $18,232 for Illinois Managerial Economics students whose families make $30-$48k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
Read more about Business/Managerial Economics at Bradley University
With a ranking of #8, Benedictine University did quite well on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k list. This small school is located in Lisle, Illinois, and it awarded 4 ’s managerial economics degrees in 2019-2020.
Benedictine U did well in our major quality rankings, too. It placed #8 on our “Best Business/Managerial Economics Schools in Illinois” list. The yearly cost to attend Benedictine University is $20,915 for Illinois Managerial Economics students whose families make $30-$48k.
Read full report on Business/Managerial Economics at Benedictine University
Loyola University Chicago came in at #9 in this year’s edition of the Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k ranking. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 63 diplomas to qualified ’s managerial economics students in 2019-2020.
Loyola Chicago did well in our major quality rankings, too. It placed #3 on our “Best Business/Managerial Economics Schools in Illinois” list. It costs about $29,788 for Illinois Managerial Economics students whose families make $30-$48k per year to attend Loyola University Chicago.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Read more about Business/Managerial Economics at Loyola University Chicago
With a ranking of #10, DePaul University did quite well on the 2022 Best Value Managerial Economics Schools in Illinois For Those Making $30-$48k list. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 33 ’s degrees in 2019-2020.
DePaul also took the #5 spot in our “Best Business/Managerial Economics Schools in Illinois” ranking. The estimated yearly cost for DePaul is $25,842 for Illinois Managerial Economics students whose families make $30-$48k.
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%.
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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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