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2022 Best Value Master’s Degree Colleges for Industrial Engineering (Income $0-$30k) in the Great Lakes Region

18 Ranked Colleges
552 Degrees Awarded
$26,900 Avg Grad Tuition & Fees*
Best Value IE Schools for a Master's in the Great Lakes Region For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking - to help you make that decision.

Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.

Across the Great Lakes region, there were 1,969 industrial engineering graduates with average earnings and debt of $66,753 and $24,537 respectively. At the master’s degree level specifically, there were 552 industrial engineering graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking, we looked at 18 colleges that offer a degree in industrial engineering. This ranking identifies schools with high-quality industrial engineering programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the industrial engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

The ie 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 IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

The following schools top our list of the Best Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k.

Top 18 Best Value Master’s Degree Colleges for Industrial Engineering (Income $0-$30k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 15 masters’s IE degrees to qualified students.

Northwestern also took the #1 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.

Read more about Industrial Engineering at Northwestern University

Out of the 18 schools in the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 spot on the list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 66 masters’s IE degrees in 2019-2020.

U-M also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.

Full U-M Industrial Engineering Report

#3 in overall quality

Out of the 18 schools in the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 29 masters’s IE degrees in 2019-2020.

As a testament to the quality of education offered at UW - Madison, the school also landed the #3 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but some majors have different tuition rates.

Read more about Industrial Engineering at University of Wisconsin - Madison

#4

Purdue University - Main Campus

West Lafayette, Indiana
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #4 for the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 81 masters’s IE degrees to qualified students.

Purdue not only placed well in this ranking. It is also #4 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue are $28,794.

Read more about Industrial Engineering at Purdue

#5 in overall quality

Out of the 18 schools in the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #5 spot on the list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 13 masters’s IE degrees to qualified students.

UIUC not only placed well in this ranking. It is also #5 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read more about Industrial Engineering at UIUC

#6 in overall quality

With a ranking of #6, Ohio State University - Main Campus did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 16 masters’s degrees in 2019-2020.

Ohio State did well in our major quality rankings, too. It placed #6 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ohio State are $37,141.

Read more about Industrial Engineering at Ohio State University - Main Campus

University of Michigan - Dearborn did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. Located in Dearborn, Michigan, this medium-sized public school handed out 60 diplomas to qualified masters’s IE students in 2019-2020.

UM Dearborn did well in our major quality rankings, too. It placed #8 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Michigan - Dearborn are $25,072, but some majors have different tuition rates.

Read more about Industrial Engineering at University of Michigan - Dearborn

#8

Oakland University

Rochester Hills, Michigan
#11 in overall quality

Oakland University did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #8. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 13 masters’s IE degrees in 2019-2020.

Oakland also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #11. Average graduate tuition and fees at Oakland University are $24,648, but some majors have different tuition rates.

Read more about Industrial Engineering at Oakland University

#15 in overall quality

Southern Illinois University Edwardsville ranked #9 on this year’s Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. SIUE is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 15 masters’s degrees in 2019-2020.

SIUE also took the #15 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300, but some majors have different tuition rates.

Read full report on Industrial Engineering at Southern Illinois University Edwardsville

#10 in overall quality

University of Illinois at Chicago came in at #10 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 22 students in 2019-2020.

UIC also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #10. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Full UIC Industrial Engineering Report

#11

Wayne State University

Detroit, Michigan

Wayne State University landed the #11 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Detroit, Michigan, this large public school awarded 66 degrees to qualified masters’s IE students in 2019-2020.

In addition to being on our great lakes region master’s degree ie students whose families make $0-$30k list, Wayne State has also earned the #9 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wayne State University are $37,215.

Read more about Industrial Engineering at Wayne State

#12

Western Michigan University

Kalamazoo, Michigan
#7 in overall quality

Western Michigan University came in at #12 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Western Michigan University is located in Kalamazoo, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 60 masters’s IE degrees to qualified students.

WMU did well in our major quality rankings, too. It placed #7 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Western Michigan University are $31,355.

Full WMU Industrial Engineering Report

#13

Northern Illinois University

Dekalb, Illinois

Northern Illinois University came in at #13 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 58 masters’s IE degrees to qualified students.

NIU did well in our major quality rankings, too. It placed #14 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Read more about Industrial Engineering at NIU

#14

Youngstown State University

Youngstown, Ohio
#16 in overall quality

Youngstown State University did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #14. Youngstown, Ohio is the setting for this fairly large institution of higher learning. The public school handed out masters’s IE degrees to 7 students in 2019-2020.

Youngstown State University not only placed well in this ranking. It is also #16 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Youngstown State University are $9,495, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at Youngstown State University

#15

Bradley University

Peoria, Illinois

Bradley University did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #15. Bradley is a medium-sized school located in Peoria, Illinois that handed out 6 masters’s IE degrees in 2019-2020.

As a testament to the quality of education offered at Bradley, the school also landed the #0 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Bradley are $17,040, but some majors have different tuition rates.

Read more about Industrial Engineering at Bradley University

#16

University of Toledo

Toledo, Ohio

University of Toledo landed the #16 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Toledo, Ohio, this fairly large public school awarded 1 degrees to qualified masters’s IE students in 2019-2020.

University of Toledo also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Toledo are $27,067.

Read more about Industrial Engineering at University of Toledo

#12 in overall quality

With a ranking of #17, Ohio University - Athens Campus did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. OHIO Athens is a large public school situated in Athens, Ohio. It awarded 11 masters’s IE degrees in 2019-2020.

OHIO Athens also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #12. Average graduate tuition and fees at OHIO Athens are $17,712, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at Ohio University - Athens Campus

#18

Lawrence Technological University

Southfield, Michigan
#13 in overall quality

Lawrence Technological University did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #18. Located in Southfield, Michigan, this small private not-for-profit school handed out 13 diplomas to qualified masters’s IE students in 2019-2020.

Lawrence Tech did well in our major quality rankings, too. It placed #13 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Lawrence Tech are $17,918.

Full Lawrence Technological University Industrial 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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