2022 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in the Great Lakes Region
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 Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 5,633 people earned their degree in industrial and management engineering, making the major the 147th most popular in the United States.
Across the Great Lakes region, there were 1,186 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 289 industrial and management engineering graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 9 colleges that offer degrees in a bachelor’s in industrial and management engineering. Not only do the schools that top this list have excellent industrial and management engineering 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 industrial and management engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” list, to help you choose the best school for you.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
The colleges and universities below are the best for great lakes region bachelor’s degree industrial management students whose families make $0-$30k.
Top 9 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in the Great Lakes Region
You’ll be in good company if you decide to attend Michigan Technological University. It ranked #1 on our 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Michigan Tech is a medium-sized public school situated in Houghton, Michigan. It awarded 31 bachelors’s industrial management degrees in 2019-2020.
Michigan Tech did well in our major quality rankings, too. It placed #1 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $8,295 for Great Lakes Region Bachelor’s Degree Industrial Management students whose families make $0-$30k per year to attend Michigan Technological University.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Industrial & Management Engineering at Michigan Tech
You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #2 for the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. This large school is located in West Lafayette, Indiana, and it awarded 53 bachelors’s industrial management degrees in 2019-2020.
Purdue not only placed well in this ranking. It is also #2 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Purdue University - Main Campus is $5,483 for Great Lakes Region Bachelor’s Degree Industrial Management students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Full Purdue University - Main Campus Industrial & Management Engineering Report
You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #3 on our 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Evansville, Indiana is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s industrial management degrees to 4 students in 2019-2020.
USI did well in our major quality rankings, too. It placed #7 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $8,244 for Great Lakes Region Bachelor’s Degree Industrial Management students whose families make $0-$30k per year to attend USI.
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%.
Read full report on Industrial & Management Engineering at University of Southern Indiana
You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #4 for the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Located in Hammond, Indiana, this medium-sized public school handed out 16 degrees to qualified bachelors’s industrial management students in 2019-2020.
Purdue Northwest not only placed well in this ranking. It is also #9 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Purdue Northwest is $6,911 for great lakes region bachelor’s degree industrial management students whose families make $0-$30k.
Full Purdue University Northwest Industrial & Management Engineering Report
Out of the 9 schools in the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Miami University - Oxford landed the #5 spot on the list. Miami University - Oxford is a public institution located in Oxford, Ohio. The school has a fairly large population, and it awarded 36 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree industrial management students whose families make $0-$30k list, Miami University - Oxford has also earned the #3 rank in our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $13,759 for Great Lakes Region Bachelor’s Degree Industrial Management students whose families make $0-$30k per year to attend Miami University - Oxford.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Read more about Industrial & Management Engineering at Miami University - Oxford
With a ranking of #6, Western Michigan University did quite well on the 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s industrial management degrees to 24 students in 2019-2020.
WMU also took the #6 spot in our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Western Michigan University is $13,021 for great lakes region bachelor’s degree industrial management students whose families make $0-$30k.
Full Western Michigan University Industrial & Management Engineering Report
Bowling Green State University - Main Campus ranked #7 on this year’s Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. This fairly large school is located in Bowling Green, Ohio, and it awarded 51 bachelors’s industrial management degrees in 2019-2020.
BGSU did well in our major quality rankings, too. It placed #5 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for BGSU is $14,521 for Great Lakes Region Bachelor’s Degree Industrial Management students whose families make $0-$30k.
Full Bowling Green State University - Main Campus Industrial & Management Engineering Report
Eastern Michigan University did quite well in the 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #8. Located in Ypsilanti, Michigan, this fairly large public school awarded 35 diplomas to qualified bachelors’s industrial management students in 2019-2020.
Eastern Michigan also took the #8 spot in our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Eastern Michigan University is $13,904 for Great Lakes Region Bachelor’s Degree Industrial Management students whose families make $0-$30k.
Read full report on Industrial & Management Engineering at Eastern Michigan University
Illinois Institute of Technology did quite well in the 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #9. This medium-sized school is located in Chicago, Illinois, and it awarded 14 bachelors’s industrial management degrees in 2019-2020.
Illinois Tech not only placed well in this ranking. It is also #4 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Illinois Tech is $17,222 for great lakes region bachelor’s degree industrial management students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Read more about Industrial & Management Engineering at Illinois Institute of Technology
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Best Industrial & Management Engineering Bachelor's Degree Schools in the Great Lakes Region
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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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