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2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $48-$75k) in Illinois

6 Ranked Colleges
241 Degrees Awarded
$65,840 Avg Salary
Best Value IE Schools for a Bachelor's in Illinois For Those Making $48-$75k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 for a Bachelor’s in Illinois For Those Making $48-$75k” ranking.

In 2019-2020, 9,448 people earned their degree in industrial engineering, making the major the 86th most popular in the United States. 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. At the bachelor’s degree level specifically, there were 241 industrial engineering graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k” 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.

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. See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k” list, to help you choose the best school for you.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k.

Top 6 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $48-$75k) in Illinois

#1

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 87 bachelors’s IE degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 on our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” list. It costs about $6,452 for illinois bachelor’s degree ie students whose families make $48-$75k per year to attend Northwestern University.

The low student loan default rate of 0.8% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about 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 for a Bachelor’s in Illinois For Those Making $48-$75k. Located in Champaign, Illinois, this large public school awarded 68 diplomas to qualified bachelors’s IE 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 Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $13,351 for illinois bachelor’s degree ie students whose families make $48-$75k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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%.

Full UIUC Industrial Engineering Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k. UIC is a large school located in Chicago, Illinois that handed out 24 bachelors’s IE degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #4 on our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” list. It costs about $13,683 for Illinois Bachelor’s Degree IE students whose families make $48-$75k per year to attend University of Illinois at Chicago.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Industrial Engineering at University of Illinois at Chicago

#5 in overall quality

Out of the 6 schools in the Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #4 spot on the list. Edwardsville, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s IE degrees to 27 students in 2019-2020.

SIUE also took the #5 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” ranking. It costs about $13,705 for illinois bachelor’s degree ie students whose families make $48-$75k per year to attend SIUE.

Read full report on Industrial Engineering at Southern Illinois University Edwardsville

#5

Northern Illinois University

Dekalb, Illinois

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2022 Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Located in Dekalb, Illinois, this fairly large public school handed out 23 diplomas to qualified bachelors’s IE students in 2019-2020.

NIU did well in our major quality rankings, too. It placed #6 on our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for NIU is $18,346 for illinois bachelor’s degree ie students whose families make $48-$75k.

Full Northern Illinois University Industrial Engineering Report

#6

Bradley University

Peoria, Illinois

With a ranking of #6, Bradley University did quite well on the 2022 Best Value IE Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Bradley is a medium-sized school located in Peoria, Illinois that handed out 12 bachelors’s IE degrees in 2019-2020.

Bradley did well in our major quality rankings, too. It placed #3 on our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Bradley is $22,865 for Illinois Bachelor’s Degree IE students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read full report on Industrial Engineering at Bradley

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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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