2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k) in Illinois

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Business Schools for a Master’s in Illinois For Those Making $0-$30k” ranking.

In 2019-2020, 55,749 people earned their degree in general business/commerce, making the major the 13th most popular in the United States. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

Across Illinois, there were 1,741 general business/commerce graduates with average earnings and debt of $48,327 and $32,259 respectively. At the master’s degree level specifically, there were 1,064 general business/commerce graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value General Business Schools for a Master’s in Illinois For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and 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. See our ranking methodology to learn more.

One Size Does Not Fit All

The general business 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 General Business Schools for a Master’s in Illinois For Those Making $0-$30k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 General Business Schools for a Master’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois master’s degree general business students whose families make $0-$30k.

Top 3 Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

$163,379 Average Early-Career Earnings

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value General Business Schools for a Master’s in Illinois For Those Making $0-$30k list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 1,048 masters’s general business degrees to qualified students.

Northwestern also took the #1 spot in our “Best General Business/Commerce Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Full Northwestern General Business/Commerce Report

#2

University of Chicago

Chicago, Illinois

#2 in overall quality

$61,548 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value General Business Schools for a Master’s in Illinois For Those Making $0-$30k. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 11 students in 2019-2020.

UChicago also made our “Best General Business/Commerce Master’s Degree Schools in Illinois” list, coming in at #2. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Read full report on General Business/Commerce at University of Chicago

#3

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Roosevelt University. It ranked #3 on our 2022 Best Value General Business Schools for a Master’s in Illinois For Those Making $0-$30k list. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 5 students in 2019-2020.

Roosevelt not only placed well in this ranking. It is also #0 on our “Best General Business/Commerce Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Roosevelt are $21,605.

Read more about General Business/Commerce at Roosevelt

• Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k)

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.

Credits

• Credit for the banner image above goes to U.S. Consulate General Munich.

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