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2022 Best Value Colleges for Industrial & Management Engineering (Income $75-$110k) in Illinois

4 Ranked Colleges
235 Degrees Awarded
$21,300 Avg Net Price*
Best Value Industrial Management Schools in Illinois For Those Making $75-$110k

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Industrial Management Schools in Illinois For Those Making $75-$110k” ranking.

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 Illinois, there were 235 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Industrial Management Schools in Illinois For Those Making $75-$110k” ranking, we looked at 4 colleges that offer a degree 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. For more information, check out our ranking methodology.

One Size Does Not Fit All

The industrial management 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 Industrial Management Schools in Illinois For Those Making $75-$110k”.

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 in Illinois For Those Making $75-$110k

The following schools top our list of the Best Best Value Industrial Management Schools in Illinois For Those Making $75-$110k.

Top 4 Best Value Colleges for Industrial & Management Engineering (Income $75-$110k) in Illinois

#1

Northwestern University

Evanston, Illinois

Out of the 4 schools in the Best Value Industrial Management Schools in Illinois For Those Making $75-$110k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Located in Evanston, Illinois, this large private not-for-profit school awarded 51 diplomas to qualified ’s industrial management students in 2019-2020.

Northwestern also made our “Best Industrial & Management Engineering Schools in Illinois” list, coming in at #1. The estimated yearly cost for Northwestern is $16,784 for Illinois Industrial Management students whose families make $75-$110k.

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 freshman retention rate of 97%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Northwestern Industrial & Management Engineering Report

#2

Northern Illinois University

Dekalb, Illinois

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #2 for the Best Value Industrial Management Schools in Illinois For Those Making $75-$110k. NIU is a fairly large school located in Dekalb, Illinois that handed out 17 ’s industrial management degrees in 2019-2020.

NIU also took the #4 spot in our “Best Industrial & Management Engineering Schools in Illinois” ranking. The yearly cost to attend NIU is $21,425 for illinois industrial management students whose families make $75-$110k.

Read full report on Industrial & Management Engineering at NIU

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Industrial Management Schools in Illinois For Those Making $75-$110k list. Located in Champaign, Illinois, this large public school handed out 93 diplomas to qualified ’s industrial management students in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Industrial & Management Engineering Schools in Illinois” ranking. The yearly cost to attend UIUC is $21,998 for Illinois Industrial Management students whose families make $75-$110k.

The low student loan default rate of 2.4% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read full report on Industrial & Management Engineering at University of Illinois at Urbana-Champaign

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #4 for the Best Value Industrial Management Schools in Illinois For Those Making $75-$110k. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 72 degrees to qualified ’s industrial management students in 2019-2020.

Illinois Tech did well in our major quality rankings, too. It placed #3 on our “Best Industrial & Management Engineering Schools in Illinois” list. It costs about $24,888 for illinois industrial management students whose families make $75-$110k per year to attend Illinois Tech.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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. 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%.

Full Illinois Tech Industrial & Management Engineering Report

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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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