2022 Best Value Colleges for General Business/Commerce (Income $30-$48k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. 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 $30-$48k” ranking - to help you make that decision.
General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. 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.
For this year’s “Best Value General Business Schools in Illinois For Those Making $30-$48k” ranking, we looked at 11 colleges that offer a degree in general business/commerce. This ranking identifies schools with high-quality general business/commerce programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business/commerce program at the school. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Business Schools in Illinois For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value General Business Schools in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value General Business Schools in Illinois For Those Making $30-$48k.
Top 11 Best Value Colleges for General Business/Commerce (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 General Business Schools in Illinois For Those Making $30-$48k. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 1,048 students 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. It costs about $3,995 for Illinois General Business students whose families make $30-$48k per year to attend Northwestern.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about General Business/Commerce at Northwestern University
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 in Illinois For Those Making $30-$48k. This fairly large school is located in Chicago, Illinois, and it awarded 27 ’s general business degrees in 2019-2020.
UChicago not only placed well in this ranking. It is also #2 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend UChicago is $2,800 for Illinois General Business students whose families make $30-$48k.
The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. 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%.
You’ll be in good company if you decide to attend Saint Xavier University. It ranked #3 on our 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k list. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 61 students in 2019-2020.
In addition to being on our illinois general business students whose families make $30-$48k list, SXU has also earned the #7 rank in our “Best General Business/Commerce Schools in Illinois” ranking. The yearly cost to attend SXU is $11,962 for Illinois General Business students whose families make $30-$48k.
Read more about General Business/Commerce at Saint Xavier University
Out of the 11 schools in the Best Value General Business Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Lake Forest College landed the #4 spot on the list. Lake Forest, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 55 students in 2019-2020.
Lake Forest did well in our major quality rankings, too. It placed #4 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend Lake Forest College is $19,152 for illinois general business students whose families make $30-$48k.
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%.
You’ll be in good company if you decide to attend Illinois Wesleyan University. It ranked #5 on our 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k list. Bloomington, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general business degrees to 39 students in 2019-2020.
Illinois Wesleyan not only placed well in this ranking. It is also #3 on our “Best General Business/Commerce Schools in Illinois” list. It costs about $19,857 for Illinois General Business students whose families make $30-$48k per year to attend Illinois Wesleyan.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. 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 more about General Business/Commerce at Illinois Wesleyan University
National Louis University did quite well in the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking, coming in at #6. This medium-sized school is located in Chicago, Illinois, and it awarded 9 ’s general business degrees in 2019-2020.
NLU also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #9. The yearly cost to attend National Louis University is $14,403 for illinois general business students whose families make $30-$48k.
Northeastern Illinois University came in at #7 in this year’s edition of the Best Value General Business Schools in Illinois For Those Making $30-$48k ranking. This medium-sized school is located in Chicago, Illinois, and it awarded 31 ’s general business degrees 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. The estimated yearly cost for Northeastern Illinois University is $15,513 for illinois general business students whose families make $30-$48k.
Read more about General Business/Commerce at Northeastern Illinois University
Trinity Christian College landed the #8 spot on the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k ranking. This small school is located in Palos Heights, Illinois, and it awarded 9 ’s general business degrees in 2019-2020.
Trinity Christian also took the #6 spot in our “Best General Business/Commerce Schools in Illinois” ranking. It costs about $19,918 for illinois general business students whose families make $30-$48k per year to attend Trinity Christian College.
The low student loan default rate of 5.0% 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%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about General Business/Commerce at Trinity Christian
Roosevelt University came in at #9 in this year’s edition of the Best Value General Business Schools in Illinois For Those Making $30-$48k ranking. Roosevelt is a small school located in Chicago, Illinois that handed out 222 ’s general business degrees in 2019-2020.
Roosevelt did well in our major quality rankings, too. It placed #8 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend Roosevelt is $20,330 for illinois general business students whose families make $30-$48k.
Read more about General Business/Commerce at Roosevelt University
With a ranking of #10, Trinity International University - Illinois did quite well on the 2022 Best Value General Business Schools in Illinois For Those Making $30-$48k list. Trinity International University - Illinois is a small private not-for-profit school situated in Deerfield, Illinois. It awarded 17 ’s general business degrees in 2019-2020.
TIU Illinois not only placed well in this ranking. It is also #10 on our “Best General Business/Commerce Schools in Illinois” list. The yearly cost to attend Trinity International University - Illinois is $20,693 for illinois general business students whose families make $30-$48k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on General Business/Commerce at TIU Illinois
DeVry University - Illinois ranked #11 on this year’s Best Value General Business Schools in Illinois For Those Making $30-$48k list. This large school is located in Chicago, Illinois, and it awarded 153 ’s general business degrees in 2019-2020.
DeVry University - Illinois also made our “Best General Business/Commerce Schools in Illinois” list, coming in at #5. The estimated yearly cost for DeVry University - Illinois is $28,303 for Illinois General Business students whose families make $30-$48k.
Read full report on 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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