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2022 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering in the Great Lakes Region (With Aid)

9 Ranked Colleges
289 Degrees Awarded
$17,300 Avg Net Price*
Best Value Industrial Management Schools for a Bachelor's in the Great Lakes Region For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking is one tool we have developed to help in this regard.

Industrial & Management Engineering is the 147th most popular major in the country with 5,633 degrees awarded in 2019-2020.

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.

For this year’s “Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 9 colleges that offer a degree in industrial and management engineering. This ranking identifies schools with high-quality industrial and management engineering 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 industrial and management engineering program at the school. Check out our ranking methodology for more information.

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 for a Bachelor’s in the Great Lakes Region For Those Getting Aid”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid

The following schools top our list of the Best Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid.

Top 9 Best Value Bachelor’s Degree Colleges for Industrial & Management Engineering in the Great Lakes Region (With Aid)

#1

Purdue University - Main Campus

West Lafayette, Indiana
#2 in overall quality

Out of the 9 schools in the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Located in West Lafayette, Indiana, this large public school handed out 53 degrees to qualified bachelors’s industrial management students in 2019-2020.

Purdue did well in our major quality rankings, too. It placed #2 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Purdue is $13,986 for great lakes region bachelor’s degree industrial management students with aid.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Industrial & Management Engineering at Purdue University - Main Campus

#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 31 bachelors’s degrees in 2019-2020.

Michigan Tech also took the #1 spot in our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $16,463 for great lakes region bachelor’s degree industrial management students with aid per year to attend Michigan Tech.

The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read more about Industrial & Management Engineering at Michigan Tech

#3

Purdue University Northwest

Hammond, Indiana
#9 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #3 for the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Hammond, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s industrial management degrees to 16 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 yearly cost to attend Purdue Northwest is $11,250 for great lakes region bachelor’s degree industrial management students with aid.

Full Purdue Northwest Industrial & Management Engineering Report

#4

University of Southern Indiana

Evansville, Indiana
#7 in overall quality

You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #4 on our 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. University of Southern Indiana is a fairly large school located in Evansville, Indiana that handed out 4 bachelors’s industrial management degrees 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. The yearly cost to attend USI is $13,437 for Great Lakes Region Bachelor’s Degree Industrial Management students with aid.

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 more about Industrial & Management Engineering at University of Southern Indiana

#5 in overall quality

Out of the 9 schools in the Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Bowling Green State University - Main Campus landed the #5 spot on the list. Bowling Green State University - Main Campus is a fairly large school located in Bowling Green, Ohio that handed out 51 bachelors’s industrial management degrees in 2019-2020.

BGSU also took the #5 spot in our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend BGSU is $18,394 for Great Lakes Region Bachelor’s Degree Industrial Management students with aid.

Read more about Industrial & Management Engineering at Bowling Green State University - Main Campus

#6

Eastern Michigan University

Ypsilanti, Michigan
#8 in overall quality

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 Getting Aid ranking, coming in at #6. Eastern Michigan University is a fairly large school located in Ypsilanti, Michigan that handed out 35 bachelors’s industrial management degrees in 2019-2020.

Eastern Michigan not only placed well in this ranking. It is also #8 on our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $15,924 for great lakes region bachelor’s degree industrial management students with aid per year to attend Eastern Michigan.

Read more about Industrial & Management Engineering at Eastern Michigan

#7

Western Michigan University

Kalamazoo, Michigan
#6 in overall quality

Western Michigan University landed the #7 spot on the 2022 Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. This fairly large school is located in Kalamazoo, Michigan, and it awarded 24 bachelors’s industrial management degrees 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 yearly cost to attend WMU is $19,433 for Great Lakes Region Bachelor’s Degree Industrial Management students with aid.

Full WMU Industrial & Management Engineering Report

#3 in overall quality

Miami University - Oxford ranked #8 on this year’s Best Value Industrial Management Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Miami University - Oxford is a fairly large public school situated in Oxford, Ohio. It awarded 36 bachelors’s industrial management degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree industrial management students with aid 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. The estimated yearly cost for Miami University - Oxford is $24,323 for Great Lakes Region Bachelor’s Degree Industrial Management students with aid.

The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Read more about Industrial & Management Engineering at Miami University - Oxford

#4 in overall quality

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 Getting Aid ranking, coming in at #9. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s industrial management degrees to 14 students in 2019-2020.

As a testament to the quality of education offered at Illinois Tech, the school also landed the #4 spot in our “Best Industrial & Management Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Illinois Tech is $22,831 for Great Lakes Region Bachelor’s Degree Industrial Management students with aid.

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. With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Industrial & Management Engineering at Illinois Tech

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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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