2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 841,037 business, management and marketing students received their degree, making the major the 1st most popular in the country. In 2017-2018, business, management and marketing graduates who were awarded their degree in 2015-2017, earned an average of $44,966 and had an average of $27,464 in loans still to pay off.
Across Illinois, there were 29,841 business, management and marketing graduates with average earnings and debt of $49,791 and $28,874 respectively. At the bachelor’s degree level specifically, there were 13,430 business, management and marketing graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking looked at 48 colleges that offer degrees in a bachelor’s in business, management and marketing. The schools that top this list are recognized because they have great business, management and marketing programs and cost less that 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 business, management and marketing program at the school. See our ranking methodology to learn more.
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The business, management & marketing 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 Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k”.
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Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k
The colleges and universities below are the best for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Business, Management & Marketing (Income $0-$30k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. This large school is located in Evanston, Illinois, and it awarded 19 bachelors’s business, management and marketing degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Northwestern is $1,866 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%. 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.
Read full report on Business, Management & Marketing at Northwestern
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. UIUC is a large public school situated in Champaign, Illinois. It awarded 1,163 bachelors’s business, management and marketing degrees in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #1 on our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $5,477 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Read full report on Business, Management & Marketing at UIUC
Out of the 48 schools in the Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #3 spot on the list. Located in Edwardsville, Illinois, this fairly large public school handed out 386 diplomas to qualified bachelors’s business, management and marketing students in 2019-2020.
SIUE also made our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list, coming in at #19. The estimated yearly cost for SIUE is $8,055 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
Out of the 48 schools in the Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Chicago landed the #4 spot on the list. UIC is a large public school situated in Chicago, Illinois. It awarded 751 bachelors’s business, management and marketing degrees in 2019-2020.
UIC not only placed well in this ranking. It is also #10 on our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list. It costs about $10,648 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k per year to attend UIC.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Full University of Illinois at Chicago Business, Management & Marketing Report
Out of the 48 schools in the Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northern Illinois University landed the #5 spot on the list. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 671 bachelors’s business, management and marketing degrees in 2019-2020.
NIU also took the #13 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,281 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k per year to attend NIU.
Read more about Business, Management & Marketing at Northern Illinois University
With a ranking of #6, Wheaton College Illinois did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Wheaton, Illinois, this small private not-for-profit school handed out 66 diplomas to qualified bachelors’s business, management and marketing students in 2019-2020.
As a testament to the quality of education offered at Wheaton College Illinois, the school also landed the #3 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Wheaton College Illinois is $18,440 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 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. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.
Read full report on Business, Management & Marketing at Wheaton College Illinois
Illinois State University came in at #7 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s business, management and marketing degrees to 1,213 students in 2019-2020.
Illinois State not only placed well in this ranking. It is also #6 on our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Illinois State University is $14,470 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Read full report on Business, Management & Marketing at Illinois State
University of Illinois at Springfield landed the #8 spot on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. University of Illinois at Springfield is a small public school situated in Springfield, Illinois. It awarded 168 bachelors’s business, management and marketing degrees in 2019-2020.
UIS also made our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list, coming in at #22. The yearly cost to attend University of Illinois at Springfield is $9,771 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
Governors State University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #9. GSU is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 142 bachelors’s business, management and marketing degrees to qualified students.
The estimated yearly cost for Governors State University is $10,872 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
Full Governors State University Business, Management & Marketing Report
Saint Xavier University landed the #10 spot on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. SXU is a small private not-for-profit school situated in Chicago, Illinois. It awarded 193 bachelors’s business, management and marketing degrees in 2019-2020.
It costs about $11,266 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k per year to attend SXU.
Read more about Business, Management & Marketing at Saint Xavier University
Eastern Illinois University came in at #11 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. EIU is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 179 bachelors’s business, management and marketing degrees to qualified students.
The yearly cost to attend EIU is $12,350 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
Read more about Business, Management & Marketing at Eastern Illinois University
Southern Illinois University Carbondale ranked #12 on this year’s Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 318 bachelors’s business, management and marketing degrees in 2019-2020.
It costs about $13,658 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k per year to attend SIUC.
Aurora University landed the #13 spot on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. This medium-sized school is located in Aurora, Illinois, and it awarded 242 bachelors’s business, management and marketing degrees in 2019-2020.
Aurora also took the #15 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Aurora University is $14,103 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business, Management & Marketing at Aurora University
Lewis University landed the #14 spot on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Lewis is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 240 bachelors’s degrees in 2019-2020.
Lewis did well in our major quality rankings, too. It placed #18 on our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Lewis University is $12,821 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
The low student loan default rate of 3.6% 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 Business, Management & Marketing at Lewis
Illinois College ranked #15 on this year’s Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. This small school is located in Jacksonville, Illinois, and it awarded 93 bachelors’s business, management and marketing degrees in 2019-2020.
It costs about $11,376 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k per year to attend Illinois College.
Full Illinois College Business, Management & Marketing Report
With a ranking of #16, Augustana College did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Rock Island, Illinois, this small private not-for-profit school handed out 211 diplomas to qualified bachelors’s business, management and marketing students in 2019-2020.
Augustana also made our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list, coming in at #5. It costs about $20,355 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k per year to attend Augustana College.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 3.4% 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 more about Business, Management & Marketing at Augustana College
Western Illinois University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #17. Western Illinois University is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 240 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Western Illinois University is $13,942 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
Elmhurst University ranked #18 on this year’s Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Elmhurst is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 218 bachelors’s business, management and marketing degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business, management & marketing students whose families make $0-$30k list, Elmhurst has also earned the #14 rank in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,903 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k per year to attend Elmhurst University.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
Full Elmhurst University Business, Management & Marketing Report
With a ranking of #19, University of St Francis did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. University of St Francis is located in Joliet, Illinois and, has a small student population. In 2019-2020, this school awarded 87 bachelors’s business, management and marketing degrees to qualified students.
University of Saint Francis also took the #21 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of Saint Francis is $15,847 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.
Full University of St Francis Business, Management & Marketing Report
Illinois Wesleyan University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #20. Illinois Wesleyan University is a small private not-for-profit school situated in Bloomington, Illinois. It awarded 132 bachelors’s business, management and marketing degrees in 2019-2020.
Illinois Wesleyan did well in our major quality rankings, too. It placed #4 on our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Illinois Wesleyan University is $18,570 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
Read full report on Business, Management & Marketing at Illinois Wesleyan
Monmouth College came in at #21 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Monmouth College is a small private not-for-profit school situated in Monmouth, Illinois. It awarded 56 bachelors’s business, management and marketing degrees in 2019-2020.
Monmouth also made our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” list, coming in at #24. The yearly cost to attend Monmouth College is $13,231 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Bradley University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #22. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s business, management and marketing degrees to 220 students in 2019-2020.
Bradley also took the #9 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Bradley is $17,205 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Full Bradley University Business, Management & Marketing Report
National Louis University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #23. National Louis University is a medium-sized school located in Chicago, Illinois that handed out 180 bachelors’s business, management and marketing degrees in 2019-2020.
It costs about $14,178 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k per year to attend NLU.
With a ranking of #24, Lake Forest College did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Lake Forest, Illinois, this small private not-for-profit school awarded 84 degrees to qualified bachelors’s business, management and marketing students in 2019-2020.
As a testament to the quality of education offered at Lake Forest, the school also landed the #17 spot in our “Best Business, Management & Marketing Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Lake Forest is $18,192 for Illinois Bachelor’s Degree Business, Management & Marketing students whose families make $0-$30k.
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%.
Full Lake Forest College Business, Management & Marketing Report
Millikin University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #25. Located in Decatur, Illinois, this small private not-for-profit school awarded 72 degrees to qualified bachelors’s business, management and marketing students in 2019-2020.
The estimated yearly cost for Millikin University is $17,656 for illinois bachelor’s degree business, management & marketing students whose families make $0-$30k.
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 full report on Business, Management & Marketing at Millikin University
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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
- Credit for the banner image above goes to Amit Savargaonkar.
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