2022 Best Value Colleges for Operations Research (Income $0-$30k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Operations Research Schools in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 1,760 people earned their degree in operations research, making the major the 198th most popular in the United States. In 2017-2018, operations research graduates who were awarded their degree in 2015-2017, earned an average of $79,967 and had an average of $28,139 in loans still to pay off.

Across Illinois, there were 66 operations research graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Operations Research Schools in Illinois For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in operations research. This ranking identifies schools with high-quality operations research 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 operations research program at the school. For more information, check out our ranking methodology.

More Ways to Rank Operations Research 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 Operations Research Schools in Illinois For Those Making $0-$30k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Operations Research Schools in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Operations Research Schools in Illinois For Those Making $0-$30k.

Top 2 Best Value Colleges for Operations Research (Income $0-$30k) in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$5,477 Average Net Price

$49,122 Average Early-Career Earnings

Out of the 2 schools in the Best Value Operations Research Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 62 ’s operations research degrees to qualified students.

In addition to being on our illinois operations research students whose families make $0-$30k list, UIUC has also earned the #1 rank in our “Best Operations Research Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $5,477 for Illinois Operations Research students whose families make $0-$30k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Full University of Illinois at Urbana-Champaign Operations Research Report

#2

Illinois Institute of Technology

Chicago, Illinois

#2 in overall quality

$17,222 Average Net Price

$62,621 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #2 for the Best Value Operations Research Schools in Illinois For Those Making $0-$30k. This medium-sized school is located in Chicago, Illinois, and it awarded 4 ’s operations research degrees in 2019-2020.

Illinois Tech also made our “Best Operations Research Schools in Illinois” list, coming in at #2. The yearly cost to attend Illinois Tech is $17,222 for Illinois Operations Research students whose families make $0-$30k.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read more about Operations Research at Illinois Tech

• Best Value Colleges for Operations Research (Income $0-$30k) in the Great Lakes Region
• Best Value Colleges for Operations Research (Income $0-$30k)

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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