2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income Over $110k) in Illinois

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k” ranking as one item you can use to help make this 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. 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 Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k” ranking, we looked at 3 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. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k” list, to help you choose the best school for you.

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.

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Best Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k

The following schools top our list of the Best Best Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k.

Top 3 Best Value Master’s Degree Colleges for General Business/Commerce (Income Over $110k) 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 Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 1,048 masters’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 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 Northwestern are $56,567.

Read more about General Business/Commerce at Northwestern

#2

University of Chicago

Chicago, Illinois

#2 in overall quality

$61,548 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 11 degrees to qualified masters’s general business students in 2019-2020.

In addition to being on our illinois master’s degree general business students whose families make more than $110k list, UChicago has also earned the #2 rank in our “Best General Business/Commerce Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at UChicago

#3

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Roosevelt University. The school came in at #3 for the Best Vallue General Business Schools for a Master’s in Illinois For Those Making Over $110k. This small school is located in Chicago, Illinois, and it awarded 5 masters’s general business degrees in 2019-2020.

In addition to being on our illinois master’s degree general business students whose families make more than $110k list, Roosevelt has also earned the #0 rank in our “Best General Business/Commerce Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Roosevelt are $21,605, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Roosevelt University

• Best Value Master’s Degree Colleges for General Business/Commerce (Income Over $110k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for General Business/Commerce (Income Over $110k)

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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