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2022 Best Value Colleges for Industrial Engineering in Illinois (With Aid)

6 Ranked Colleges
389 Degrees Awarded
$18,700 Avg Net Price*
Best Value IE Schools 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 in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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.

For this year’s “Best Value IE Schools in Illinois For Those Getting Aid” 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. Check out our ranking methodology for more information.

More Ways to Rank Industrial Engineering Schools

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 in Illinois For Those Getting Aid” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value IE Schools in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois ie students with aid.

Top 6 Best Value Colleges for Industrial Engineering in Illinois (With Aid)

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value IE Schools in Illinois For Those Getting Aid list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 85 ’s degrees in 2019-2020.

UIUC also took the #2 spot in our “Best Industrial Engineering Schools in Illinois” ranking. The yearly cost to attend UIUC is $15,880 for Illinois IE students with aid.

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

Full University of Illinois at Urbana-Champaign 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 #2 for the Best Value IE Schools in Illinois For Those Getting Aid. 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.

As a testament to the quality of education offered at UIC, the school also landed the #4 spot in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $13,312 for Illinois IE students with aid per year to attend UIC.

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

#3

Northwestern University

Evanston, Illinois

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #3 for the Best Value IE Schools in Illinois For Those Getting Aid. This large school is located in Evanston, Illinois, and it awarded 112 ’s IE degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Industrial Engineering Schools in Illinois” ranking. It costs about $24,664 for illinois ie students with aid per year to attend Northwestern.

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 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. 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%.

Read more about Industrial Engineering at Northwestern

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 in Illinois For Those Getting Aid list. Located in Edwardsville, Illinois, this fairly large public school handed out 42 diplomas to qualified ’s IE students in 2019-2020.

In addition to being on our illinois ie students with aid list, SIUE has also earned the #5 rank in our “Best Industrial Engineering Schools in Illinois” ranking. The estimated yearly cost for SIUE is $14,423 for Illinois IE students with aid.

Full Southern Illinois University Edwardsville Industrial Engineering Report

#5

Northern Illinois University

Dekalb, Illinois

Out of the 6 schools in the Best Value IE Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Northern Illinois University landed the #5 spot on the list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s IE degrees to 81 students in 2019-2020.

NIU also made our “Best Industrial Engineering Schools in Illinois” list, coming in at #6. The estimated yearly cost for Northern Illinois University is $18,259 for Illinois IE students with aid.

Read full report on Industrial Engineering at NIU

#6

Bradley University

Peoria, Illinois

With a ranking of #6, Bradley University did quite well on the 2022 Best Value IE Schools in Illinois For Those Getting Aid list. Bradley University is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 18 ’s IE degrees in 2019-2020.

Bradley also made our “Best Industrial Engineering Schools in Illinois” list, coming in at #3. The yearly cost to attend Bradley University is $25,634 for Illinois IE students with aid.

The low student loan default rate of 2.5% 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%. 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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