2027 Best Value Business/Managerial Economics Schools in Illinois

[Business/Managerial Economics](/majors/business-management-marketing-sales/business-managerial-economics/) is a field worth comparing on the balance of cost and outcomes. The schools below stand out for delivering a strong business/managerial economics education at a price that pays off.
For its 2027 best-value ranking, College Factual looked at 4 schools to find the best return on investment for business/managerial economics students.
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2027 Best Value Business/Managerial Economics Schools in Illinois
If you want to know which schools deliver the best value for the business/managerial economics degrees they offer, see the list below.
Best Value Business/Managerial Economics Schools
Wheaton College Illinois tops our 2027 list of the best value business/managerial economics schools in Illinois. Located in the suburb of Wheaton, Wheaton College Illinois is a mid-sized private not-for-profit university. The average in-state cost of tuition and fees is $45,546. Business/managerial Economics graduates carry a median of $24,000 in student loans. Early-career business/managerial economics graduates make about $55,300. Weighed against typical debt, the earnings make a compelling case for value. Roughly 87% of applicants are accepted.
Northwestern University came in at #2 on our 2027 list of the best value business/managerial economics schools. Located in the city of Evanston, Northwestern University is a very large private not-for-profit university. Expect in-state tuition and fees of around $68,322. Business/managerial Economics graduates carry a median of $16,616 in student loans. Soon after graduation, business/managerial economics degree recipients from Northwestern University generally make around $78,551. Set against $16,616 in median debt, that is a healthy payoff. Roughly 8% of applicants are accepted.
Depaul University is a great value for students pursuing a degree in business/managerial economics, landing the #3 spot this year. Depaul University is a very large private not-for-profit school located in the city of Chicago. Expect in-state tuition and fees of around $45,405. Business/managerial Economics graduates carry a median of $21,666 in student loans. Soon after graduation, business/managerial economics degree recipients from Depaul University generally make around $53,682. Set against $21,666 in median debt, that is a healthy payoff. Roughly 76% of applicants are accepted.
Students looking for strong value in business/managerial economics will find it at Loyola University Chicago, which ranked #4. Loyola University Chicago is a large private not-for-profit school located in the city of Chicago. Expect in-state tuition and fees of around $53,710. Students borrow a median of $21,574 to complete the business/managerial economics program here. Soon after graduation, business/managerial economics degree recipients from Loyola University Chicago generally make around $61,333. That is a strong return on a $21,574 median debt. Roughly 82% of applicants are accepted.
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 4 schools evaluated.
*Averages shown above reflect the top 4 ranked schools only.
- 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).
More about our data sources and methodologies.