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2022 Best Value Master’s Degree Colleges for Hospitality Management (Income $30-$48k) in Illinois

2 Ranked Colleges
16 Degrees Awarded
$20,700 Avg Grad Tuition & Fees*
Best Value Hospitality Schools for a Master's in Illinois For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k” ranking - to help you make that decision.

Hospitality Management is the 61st most popular major in the country with 17,830 degrees awarded in 2019-2020. In 2017-2018, hospitality management graduates who were awarded their degree in 2015-2017, earned an average of $33,271 and had an average of $21,829 in loans still to pay off.

Across Illinois, there were 371 hospitality management graduates with average earnings and debt of $35,425 and $21,730 respectively. At the master’s degree level specifically, there were 16 hospitality management graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k” ranking analyzed 2 colleges that offered a degree in hospitality management. Not only do the schools that top this list have excellent hospitality management programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the hospitality management program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

The hospitality 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 Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k”.

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. 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 Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k.

Top 2 Best Value Master’s Degree Colleges for Hospitality Management (Income $30-$48k) in Illinois

#1

Roosevelt University

Chicago, Illinois

Out of the 2 schools in the Best Value Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Roosevelt University landed the #1 spot on the list. This small school is located in Chicago, Illinois, and it awarded 7 masters’s hospitality degrees in 2019-2020.

Roosevelt also took the #0 spot in our “Best Hospitality Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Roosevelt University are $21,605.

Read full report on Hospitality Management at Roosevelt University

#2

DePaul University

Chicago, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend DePaul University. It ranked #2 on our 2022 Best Value Hospitality Schools for a Master’s in Illinois For Those Making $30-$48k list. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s hospitality degrees to 9 students in 2019-2020.

DePaul did well in our major quality rankings, too. It placed #1 on our “Best Hospitality Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at DePaul are $19,760, but you may pay more or less depending on your major.

Read more about Hospitality Management at DePaul

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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.

Credits

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