2027 Best Value Bioengineering & Biomedical Engineering Schools in Illinois

[Bioengineering & Biomedical Engineering](/majors/engineering/biomedical-engineering/bioengineering-biomedical-engineering/) degree programs vary widely in price and payoff across the country. The schools below stand out for delivering a strong bioengineering & biomedical engineering education at a price that pays off.
College Factual analyzed 5 schools to build this 2027 ranking of the best value bioengineering & biomedical engineering schools.
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2027 Best Value Bioengineering & Biomedical Engineering Schools in Illinois
Below are the schools that deliver the strongest value in bioengineering & biomedical engineering, balancing cost against outcomes.
Best Value Bioengineering & Biomedical Engineering Schools
For return on investment in bioengineering & biomedical engineering, no school beat University Of Illinois At Chicago this year. University Of Illinois At Chicago is a very large public school located in the city of Chicago. Expect in-state tuition and fees of around $15,949, while out-of-state students pay about $32,009. Students borrow a median of $22,500 to complete the bioengineering & biomedical engineering program here. Bioengineering & Biomedical Engineering graduates of University Of Illinois At Chicago earn a median of $55,011 early in their careers. Set against $22,500 in median debt, that is a healthy payoff. The acceptance rate is 77%.
A rank of #2 makes Northern Illinois University one of the best values for bioengineering & biomedical engineering. Set in the suburb of Dekalb, Northern Illinois University is a large public institution. The average in-state cost of tuition and fees is $13,060. Bioengineering & Biomedical Engineering graduates carry a median of $20,521 in student loans. Early-career bioengineering & biomedical engineering graduates make about $54,047. Set against $20,521 in median debt, that is a healthy payoff. Roughly 70% of applicants are accepted.
The strong cost-to-outcome balance at University Of Illinois At Urbana Champaign earned it the #3 place for bioengineering & biomedical engineering. University Of Illinois At Urbana Champaign is a very large public school located in the city of Champaign. Expect in-state tuition and fees of around $18,267, compared with $40,096 for out-of-state students. Bioengineering & Biomedical Engineering graduates carry a median of $16,850 in student loans. Soon after graduation, bioengineering & biomedical engineering degree recipients from University Of Illinois At Urbana Champaign generally make around $71,485. Set against $16,850 in median debt, that is a healthy payoff. The acceptance rate is 42%.
A rank of #4 makes Illinois Institute Of Technology one of the best values for bioengineering & biomedical engineering. Illinois Institute Of Technology is a large private not-for-profit school located in the city of Chicago. The average in-state cost of tuition and fees is $52,202. Typical student debt for bioengineering & biomedical engineering graduates is $27,000. Bioengineering & Biomedical Engineering graduates of Illinois Institute Of Technology earn a median of $48,572 early in their careers. That is a strong return on a $27,000 median debt. Illinois Institute Of Technology admits about 55% of applicants.
Northwestern University came in at #5 on our 2027 list of the best value bioengineering & biomedical engineering schools. Northwestern University is a very large private not-for-profit school located in the city of Evanston. The average in-state cost of tuition and fees is $68,322. Students borrow a median of $17,063 to complete the bioengineering & biomedical engineering program here. Soon after graduation, bioengineering & biomedical engineering degree recipients from Northwestern University generally make around $74,631. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 8%.
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 5 schools evaluated.
*Averages shown above reflect the top 5 ranked schools only.
- 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).
More about our data sources and methodologies.