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2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid

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 Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking is part of that endeavor.

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 Getting Aid” ranking, we looked at 18 colleges that offer a degree in industrial engineering. The schools that top this list are recognized because they have great industrial engineering programs and cost less that 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.

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 Master’s in the Great Lakes Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

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. 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 Getting Aid

The colleges and universities below are the best for great lakes region master’s degree ie students with aid.

Top 18 Best Value Master’s Degree Colleges for Industrial Engineering in the Great Lakes Region (With Aid)

#1

Purdue University - Main Campus

West Lafayette, Indiana
#4 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 Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 81 students in 2019-2020.

Purdue also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #4. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue are $28,794.

Read full report on Industrial Engineering at Purdue

#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 Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #2 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 UW - Madison are $25,523, but some majors have different tuition rates.

Read more about Industrial Engineering at University of Wisconsin - Madison

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Located in Ann Arbor, 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 with aid list, U-M has also earned the #2 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Read full report on Industrial Engineering at University of Michigan - Ann Arbor

#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 Getting Aid that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #4 spot on the list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 13 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #5 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Read more about Industrial Engineering at University of Illinois at Urbana-Champaign

Out of the 18 schools in the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Michigan - Dearborn landed the #5 spot on the list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out masters’s IE degrees to 60 students in 2019-2020.

As a testament to the quality of education offered at UM Dearborn, the school also landed the #8 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 UM Dearborn are $25,072.

Read full report on Industrial Engineering at UM Dearborn

#10 in overall quality

University of Illinois at Chicago landed the #6 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This large school is located in Chicago, Illinois, and it awarded 22 masters’s IE degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #10 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read more about Industrial Engineering at UIC

#7

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 Getting Aid ranking, coming in at #7. This fairly large school is located in Rochester Hills, Michigan, and it awarded 13 masters’s IE degrees in 2019-2020.

As a testament to the quality of education offered at Oakland, the school also landed the #11 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Oakland are $24,648, but you may pay more or less depending on your major.

Full Oakland University Industrial Engineering Report

#8

Wayne State University

Detroit, Michigan

Wayne State University landed the #8 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 66 students in 2019-2020.

In addition to being on our great lakes region master’s degree ie students with aid list, Wayne State has also earned the #9 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Wayne State are $37,215, but some majors have different tuition rates.

Read full report on Industrial Engineering at Wayne State

#6 in overall quality

Ohio State University - Main Campus ranked #9 on this year’s Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 16 masters’s IE degrees in 2019-2020.

As a testament to the quality of education offered at Ohio State, the school also landed the #6 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State are $37,141, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at Ohio State

#15 in overall quality

Southern Illinois University Edwardsville did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #10. SIUE is a fairly large public school situated in Edwardsville, Illinois. It awarded 15 masters’s IE degrees in 2019-2020.

As a testament to the quality of education offered at SIUE, the school also landed the #15 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 Southern Illinois University Edwardsville are $9,300.

Full Southern Illinois University Edwardsville Industrial Engineering Report

#11

Northwestern University

Evanston, Illinois
#1 in overall quality

With a ranking of #11, Northwestern University did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. This large school is located in Evanston, Illinois, and it awarded 15 masters’s IE degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 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 Northwestern University are $56,567.

Read more about Industrial Engineering at Northwestern

#12

Western Michigan University

Kalamazoo, Michigan
#7 in overall quality

With a ranking of #12, Western Michigan University did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. WMU is a fairly large school located in Kalamazoo, Michigan that handed out 60 masters’s IE degrees in 2019-2020.

As a testament to the quality of education offered at WMU, the school also landed the #7 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at WMU are $31,355, but some majors have different tuition rates.

Read full report on Industrial Engineering at Western Michigan University

#13

Northern Illinois University

Dekalb, Illinois

Northern Illinois University landed the #13 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Dekalb, Illinois, this fairly large public school awarded 58 diplomas to qualified masters’s IE students in 2019-2020.

In addition to being on our great lakes region master’s degree ie students with aid list, NIU has also earned the #14 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Full Northern Illinois University Industrial Engineering Report

#14

Youngstown State University

Youngstown, Ohio
#16 in overall quality

Youngstown State University came in at #14 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Youngstown State University is a fairly large school located in Youngstown, Ohio that handed out 7 masters’s IE degrees in 2019-2020.

Youngstown State University also took the #16 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Youngstown State University are $9,495, but some majors have different tuition rates.

Full Youngstown State University Industrial Engineering Report

#15

University of Toledo

Toledo, Ohio

University of Toledo did quite well in the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #15. Located in Toledo, Ohio, this fairly large public school handed out 1 degrees to qualified masters’s IE students in 2019-2020.

University of Toledo not only placed well in this ranking. It is also #0 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Toledo are $27,067, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at University of Toledo

#16

Bradley University

Peoria, Illinois

With a ranking of #16, Bradley University did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s IE degrees to 6 students in 2019-2020.

Bradley not only placed well in this ranking. It is also #0 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 Bradley are $17,040.

Read more about Industrial Engineering at Bradley University

#12 in overall quality

Ohio University - Athens Campus ranked #17 on this year’s Best Value IE Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. OHIO Athens is a large school located in Athens, Ohio that handed out 11 masters’s IE degrees in 2019-2020.

OHIO Athens also took the #12 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at OHIO Athens are $17,712, but some majors have different tuition rates.

Read full report on Industrial Engineering at OHIO Athens

#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 Getting Aid ranking, coming in at #18. Located in Southfield, Michigan, this small private not-for-profit school awarded 13 degrees to qualified masters’s IE students in 2019-2020.

Lawrence Tech also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #13. Average graduate tuition and fees at Lawrence Technological University are $17,918, but some majors have different tuition rates.

Read more about Industrial Engineering at Lawrence Tech

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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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