2022 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics in Illinois (With Aid)
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.
In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. 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 Getting Aid” ranking analyzed 9 colleges that offered a degree in business/managerial economics. This ranking identifies schools with high-quality business/managerial economics programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the business/managerial economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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One Size Does Not Fit All
The managerial economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid”.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid.
Top 9 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics in Illinois (With Aid)
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #1 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 34 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at SIUE, the school also landed the #6 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend SIUE is $14,423 for illinois bachelor’s degree managerial economics students with aid.
Full Southern Illinois University Edwardsville Business/Managerial Economics Report
You’ll be in good company if you decide to attend Western Illinois University. It ranked #2 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 4 bachelors’s degrees in 2019-2020.
WIU also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #9. The yearly cost to attend Western Illinois University is $16,210 for illinois bachelor’s degree managerial economics students with aid.
Full Western Illinois University Business/Managerial Economics Report
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Carbondale. The school came in at #3 for the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid. Located in Carbondale, Illinois, this fairly large public school awarded 5 diplomas to qualified bachelors’s managerial economics students in 2019-2020.
In addition to being on our illinois bachelor’s degree managerial economics students with aid list, SIUC has also earned the #8 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Carbondale is $16,945 for Illinois Bachelor’s Degree Managerial Economics students with aid.
Read full report on Business/Managerial Economics at Southern Illinois University Carbondale
You’ll join some of the best and brightest minds around if you attend Lewis University. The school came in at #4 for the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid. Lewis University is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 11 bachelors’s managerial economics degrees in 2019-2020.
Lewis also took the #5 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. It costs about $18,664 for Illinois Bachelor’s Degree Managerial Economics students with aid 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
Out of the 9 schools in the Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, Wheaton College Illinois landed the #5 spot on the list. Wheaton, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 66 students 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. The yearly cost to attend Wheaton College Illinois is $25,358 for illinois bachelor’s degree managerial economics students with aid.
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%. With a freshman retention rate of 90%, 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.
Read more about Business/Managerial Economics at Wheaton College Illinois
With a ranking of #6, Bradley University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Located in Peoria, Illinois, this medium-sized private not-for-profit school handed out 6 degrees to qualified bachelors’s managerial economics students 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 $25,634 for Illinois Bachelor’s Degree Managerial Economics students with aid per year to attend Bradley.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. 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%.
With a ranking of #7, Benedictine University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid list. Benedictine University is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s managerial economics degrees to qualified students.
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. The estimated yearly cost for Benedictine U is $25,143 for illinois bachelor’s degree managerial economics students with aid.
Full Benedictine University Business/Managerial Economics Report
DePaul University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #8. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 33 students in 2019-2020.
DePaul also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #4. The yearly cost to attend DePaul is $30,090 for illinois bachelor’s degree managerial economics students with aid.
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%.
Loyola University Chicago did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #9. This fairly large school is located in Chicago, Illinois, and it awarded 63 bachelors’s managerial economics degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree managerial economics students with aid list, Loyola Chicago has also earned the #2 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Loyola Chicago is $35,407 for Illinois Bachelor’s Degree Managerial Economics students with aid.
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%. 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
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Best Business/Managerial Economics Bachelor's Degree Schools in Illinois
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Business/Managerial Economics students with family income $75-$110k in Illinois
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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