2022 Best Value Colleges for Industrial Engineering (Income $30-$48k) in Illinois
When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value IE Schools in Illinois For Those Making $30-$48k” ranking.
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 Illinois, there were 389 industrial engineering graduates with average earnings and debt of $65,840 and $23,226 respectively.
For this year’s “Best Value IE Schools in Illinois For Those Making $30-$48k” ranking, we looked at 6 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.
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 engineering program at the school. For more information, check out our ranking methodology.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value IE Schools in Illinois For Those Making $30-$48k” list to help you make the college decision.
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Best Value IE Schools in Illinois For Those Making $30-$48k
The following schools top our list of the Best Best Value IE Schools in Illinois For Those Making $30-$48k.
Top 6 Best Value Colleges for Industrial Engineering (Income $30-$48k) in Illinois
Out of the 6 schools in the Best Value IE Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 112 ’s IE degrees in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best Industrial Engineering Schools in Illinois” list. The estimated yearly cost for Northwestern is $3,995 for illinois ie students whose families make $30-$48k.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Read full report on Industrial Engineering at Northwestern University
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #2 for the Best Value IE Schools in Illinois For Those Making $30-$48k. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 85 students in 2019-2020.
UIUC also made our “Best Industrial Engineering Schools in Illinois” list, coming in at #2. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for illinois ie students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Full University of Illinois at Urbana-Champaign Industrial Engineering Report
Out of the 6 schools in the Best Value IE Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #3 spot on the list. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 42 ’s IE degrees in 2019-2020.
SIUE did well in our major quality rankings, too. It placed #5 on our “Best Industrial Engineering Schools in Illinois” list. It costs about $9,938 for illinois ie students whose families make $30-$48k per year to attend Southern Illinois University Edwardsville.
Full Southern Illinois University Edwardsville Industrial Engineering Report
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2022 Best Value IE Schools in Illinois For Those Making $30-$48k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 51 students in 2019-2020.
UIC not only placed well in this ranking. It is also #4 on our “Best Industrial Engineering Schools in Illinois” list. The yearly cost to attend University of Illinois at Chicago is $11,185 for Illinois IE students whose families make $30-$48k.
The low student loan default rate of 3.4% 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%.
Read more about Industrial Engineering at University of Illinois at Chicago
Out of the 6 schools in the Best Value IE Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northern Illinois University landed the #5 spot on the list. NIU is a fairly large school located in Dekalb, Illinois that handed out 81 ’s IE degrees in 2019-2020.
NIU also took the #6 spot in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $15,861 for Illinois IE students whose families make $30-$48k per year to attend Northern Illinois University.
Read full report on Industrial Engineering at Northern Illinois University
Bradley University landed the #6 spot on the 2022 Best Value IE Schools in Illinois For Those Making $30-$48k ranking. Bradley University is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 18 ’s IE degrees in 2019-2020.
In addition to being on our illinois ie students whose families make $30-$48k list, Bradley has also earned the #3 rank in our “Best Industrial Engineering Schools in Illinois” ranking. The yearly cost to attend Bradley is $18,232 for Illinois IE students whose families make $30-$48k.
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 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Industrial Engineering at Bradley University
- Best Value Colleges for Industrial Engineering (Income $30-$48k) in the Great Lakes Region
- Best Value Colleges for Industrial Engineering (Income $30-$48k)
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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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