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2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering in Illinois (With Aid)

6 Ranked Colleges
241 Degrees Awarded
$18,700 Avg Net Price*
Best Value IE Schools for a Bachelor's in Illinois For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 IE Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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. 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.

This year’s “Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking looked at 6 colleges that offer degrees in a bachelor’s in industrial engineering. This ranking identifies schools with high-quality industrial engineering programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the industrial engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Industrial Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois bachelor’s degree ie students with aid.

Top 6 Best Value Bachelor’s Degree Colleges for Industrial Engineering in Illinois (With Aid)

Out of the 6 schools in the Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. UIUC is a large school located in Champaign, Illinois that handed out 68 bachelors’s IE degrees in 2019-2020.

UIUC also took the #2 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIUC is $15,880 for illinois bachelor’s degree ie students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about Industrial Engineering at UIUC

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #2 for the Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 24 bachelors’s IE degrees to qualified students.

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 $13,312 for Illinois Bachelor’s Degree IE students with aid per year to attend UIC.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full University of Illinois at Chicago Industrial Engineering Report

#3

Northwestern University

Evanston, Illinois

Out of the 6 schools in the Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, Northwestern University landed the #3 spot on the list. Northwestern University 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. The estimated yearly cost for Northwestern University is $24,664 for illinois bachelor’s degree ie students with aid.

The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%.

Read more about Industrial Engineering at Northwestern University

#5 in overall quality

You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #4 on our 2022 Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid list. SIUE is a fairly large public school situated in Edwardsville, Illinois. It awarded 27 bachelors’s IE degrees in 2019-2020.

As a testament to the quality of education offered at SIUE, the school also landed the #5 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for SIUE is $14,423 for illinois bachelor’s degree ie students with aid.

Read more about Industrial Engineering at SIUE

#5

Northern Illinois University

Dekalb, Illinois

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid. This fairly large school is located in Dekalb, Illinois, and it awarded 23 bachelors’s IE degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree ie students with aid list, NIU has also earned the #6 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Northern Illinois University is $18,259 for Illinois Bachelor’s Degree IE students with aid.

Read full report on Industrial Engineering at Northern Illinois University

#6

Bradley University

Peoria, Illinois

Bradley University landed the #6 spot on the 2022 Best Value IE Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Bradley University is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 12 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree ie students with aid list, Bradley has also earned the #3 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in Illinois” ranking. It costs about $25,634 for illinois bachelor’s degree ie students with aid per year to attend Bradley.

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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on Industrial Engineering at Bradley University

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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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