2022 Best Value Colleges for General Business/Commerce (Income $48-$75k) in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value General Business Schools in Illinois For Those Making $48-$75k” ranking - to help you make that decision.
General Business/Commerce is one of the most popular majors in the nation, ranking 9th of all the majors we analyze. In 2019-2020, 55,749 degrees were awarded to students with this major.
Across Illinois, there were 1,741 general business/commerce graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value General Business Schools in Illinois For Those Making $48-$75k” ranking looked at 11 colleges that offer degrees in a bachelor’s in general business/commerce. Not only do the schools that top this list have excellent general business/commerce 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 general business/commerce program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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One Size Does Not Fit All
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value General Business Schools in Illinois For Those Making $48-$75k” list to help you make the college decision.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value General Business Schools in Illinois For Those Making $48-$75k
The colleges and universities below are the best for illinois general business students whose families make $48-$75k.
Top 11 Best Value Colleges for General Business/Commerce (Income $48-$75k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 1,048 ’s general business degrees in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best General Business/Commerce Schools in Illinois” list. The estimated yearly cost for Northwestern University is $6,452 for illinois general business students whose families make $48-$75k.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low student loan default rate of 0.8% 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 General Business/Commerce at Northwestern
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 27 students in 2019-2020.
As a testament to the quality of education offered at UChicago, the school also landed the #2 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $7,934 for illinois general business students whose families make $48-$75k per year to attend UChicago.
Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about General Business/Commerce at University of Chicago
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Saint Xavier University landed the #3 spot on the list. Located in Chicago, Illinois, this small private not-for-profit school handed out 61 diplomas to qualified ’s general business students in 2019-2020.
SXU also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #7. The yearly cost to attend Saint Xavier University is $14,907 for Illinois General Business students whose families make $48-$75k.
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Lake Forest College landed the #4 spot on the list. Lake Forest College is a private not-for-profit institution located in Lake Forest, Illinois. The school has a small population, and it awarded 55 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Lake Forest, the school also landed the #4 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $24,683 for Illinois General Business students whose families make $48-$75k per year to attend Lake Forest College.
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%.
You’ll be in good company if you decide to attend National Louis University. It ranked #5 on our 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k list. NLU is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 9 ’s degrees in 2019-2020.
In addition to being on our illinois general business students whose families make $48-$75k list, NLU has also earned the #9 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The yearly cost to attend NLU is $16,888 for Illinois General Business students whose families make $48-$75k.
Read more about General Business/Commerce at National Louis University
With a ranking of #6, Northeastern Illinois University did quite well on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k list. Located in Chicago, Illinois, this medium-sized public school handed out 31 degrees to qualified ’s general business students in 2019-2020.
As a testament to the quality of education offered at Northeastern Illinois University, the school also landed the #11 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $18,180 for Illinois General Business students whose families make $48-$75k per year to attend Northeastern Illinois University.
Read full report on General Business/Commerce at Northeastern Illinois University
Trinity Christian College landed the #7 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k ranking. Trinity Christian is located in Palos Heights, Illinois and, has a small student population. In 2019-2020, this school awarded 9 ’s general business degrees to qualified students.
As a testament to the quality of education offered at Trinity Christian, the school also landed the #6 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $20,888 for illinois general business students whose families make $48-$75k per year to attend Trinity Christian College.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%. 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 General Business/Commerce at Trinity Christian College
Trinity International University - Illinois landed the #8 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k ranking. This small school is located in Deerfield, Illinois, and it awarded 17 ’s general business degrees in 2019-2020.
As a testament to the quality of education offered at TIU Illinois, the school also landed the #10 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Trinity International University - Illinois is $17,441 for illinois general business students whose families make $48-$75k.
The impressive student-to-faculty ratio of 8 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 General Business/Commerce at TIU Illinois
Roosevelt University landed the #9 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k ranking. This small school is located in Chicago, Illinois, and it awarded 222 ’s general business degrees in 2019-2020.
Roosevelt also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #8. It costs about $21,870 for Illinois General Business students whose families make $48-$75k per year to attend Roosevelt University.
Illinois Wesleyan University ranked #10 on this year’s Best Value General Business Schools in Illinois For Those Making $48-$75k list. Illinois Wesleyan is a private not-for-profit institution located in Bloomington, Illinois. The school has a small population, and it awarded 39 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Illinois Wesleyan, the school also landed the #3 spot in our “Best General Business/Commerce Schools in Illinois” ranking. The estimated yearly cost for Illinois Wesleyan University is $23,309 for illinois general business students whose families make $48-$75k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on General Business/Commerce at Illinois Wesleyan University
DeVry University - Illinois landed the #11 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this large institution of higher learning. The private for-profit school handed out ’s general business degrees to 153 students in 2019-2020.
In addition to being on our illinois general business students whose families make $48-$75k list, DeVry University - Illinois has also earned the #5 rank in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $29,583 for Illinois General Business students whose families make $48-$75k per year to attend DeVry University - Illinois.
Read more about General Business/Commerce at DeVry University - 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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