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Today's business students have lots of options to pick from when considering higher education opportunities. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. On top of that, there are a considerable number of trade schools and bootcamp that offer fast-track entry to many fields.
To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this <nil> ranking.
View our full ranking methodology.
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Top Business Schools in Illinois
Learn more about these excellent schools below:
Our rankings named University of Chicago the best school in Illinois for business students working on their degree.
Degree recipients from UChicago accumulate an average of $15,217 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $708 if they are on a 10-year repayment plan. Once they receive their degree, UChicago graduates enter the workforce, making an average salary of $62,519 during the early year of their career.
The excellent programs at Northwestern University helped the school earn the #2 place on this year’s ranking of the best business schools in Illinois.
On average, students take out $19,000 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $576. Once they receive their degree, Northwestern graduates enter the workforce, making an average salary of $69,538 during the early year of their career.
A rank of #3 on this year’s list means University of Illinois at Urbana-Champaign is a great place for business students.
On average, students take out $18,891 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $415, assuming you are on a 10-year repayment plan.After graduating from UIUC, students go on to jobs where they make an average of $53,270 during the early years of their career.
The excellent programs at Illinois Wesleyan University helped the school earn the #4 place on this year’s ranking of the best business schools in Illinois.
Degree recipients from Illinois Wesleyan accumulate an average of $23,212 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $401. During the early years of their career, Illinois Wesleyan graduates make an average of $43,102 annually.
The excellent programs at Rasmussen University - Illinois helped the school earn the #5 place on this year’s ranking of the best business schools in Illinois.
On average, students take out $30,604 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $127. During the early years of their career, Rasmussen University - Illinois graduates make an average of $41,940 annually.
With a ranking of #6, Augustana College did quite well on this year’s best schools for business students working.
By the time they get their degree, students from this school have racked up an average of $25,410 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $321, assuming you are on a 10-year repayment plan. During the early years of their career, Augustana graduates make an average of $35,627 annually.
With a ranking of #7, Loyola University Chicago did quite well on this year’s best schools for business students working.
On average, students take out $22,930 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $652, assuming you are on a 10-year repayment plan.After graduating from Loyola Chicago, students go on to jobs where they make an average of $47,459 during the early years of their career.
Bradley University did quite well in this year’s ranking of the best places for business students. It came in at #8 on the list.
On average, students take out $25,068 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $575, assuming you are on a 10-year repayment plan.After graduating from Bradley, students go on to jobs where they make an average of $52,822 during the early years of their career.
Illinois State University came in at #9 in this year’s edition of the ranking.
Degree recipients from Illinois State accumulate an average of $21,109 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $312, assuming you are on a 10-year repayment plan.After graduating from Illinois State, students go on to jobs where they make an average of $44,092 during the early years of their career.
With a ranking of #10, Illinois Institute of Technology did quite well on this year’s best schools for business students working.
Degree recipients from Illinois Tech accumulate an average of $24,232 in student debt by the time they complete their degree.After graduating from Illinois Tech, students go on to jobs where they make an average of $68,021 during the early years of their career.
With a ranking of #11, DePaul University did quite well on this year’s best schools for business students working.
By the time they get their degree, students from this school have racked up an average of $24,047 in student loans. Those who take out this much in loans have to make a monthly payment of about $517 if they are on a 10-year repayment plan.After graduating from DePaul, students go on to jobs where they make an average of $49,846 during the early years of their career.
Elmhurst University landed the #12 spot in the rankings for the best business programs.
Degree recipients from Elmhurst accumulate an average of $21,567 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $321 if they are on a 10-year repayment plan. Once they receive their degree, Elmhurst graduates enter the workforce, making an average salary of $47,474 during the early year of their career.
Northern Illinois University did quite well in this year’s ranking of the best places for business students. It came in at #13 on the list.
On average, students take out $25,759 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $216 if they are on a 10-year repayment plan. During the early years of their career, NIU graduates make an average of $48,041 annually.
Lewis University landed the #14 spot in the rankings for the best business programs.
On average, students take out $23,413 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $411 if they are on a 10-year repayment plan.After graduating from Lewis, students go on to jobs where they make an average of $48,984 during the early years of their career.
Judson University ranked #15 on this year’s list.
On average, students take out $24,525 in loans while pursuing their degree. Once they receive their degree, Judson graduates enter the workforce, making an average salary of $42,419 during the early year of their career.
North Central College ranked #16 on this year’s list.
On average, students take out $23,457 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $330, assuming you are on a 10-year repayment plan.After graduating from North Central, students go on to jobs where they make an average of $40,224 during the early years of their career.
Lincoln College came in at #17 in this year’s edition of the ranking.
On average, students take out $23,112 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $102, assuming you are on a 10-year repayment plan. Once they receive their degree, Lincoln College graduates enter the workforce, making an average salary of $48,437 during the early year of their career.
Trinity Christian College came in at #18 in this year’s edition of the ranking.
On average, students take out $29,340 in loans while pursuing their degree.After graduating from Trinity Christian, students go on to jobs where they make an average of $43,856 during the early years of their career.
McKendree University did quite well in this year’s ranking of the best places for business students. It came in at #19 on the list.
Degree recipients from McKendree accumulate an average of $24,607 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $207. Once they receive their degree, McKendree graduates enter the workforce, making an average salary of $47,532 during the early year of their career.
With a ranking of #20, Aurora University did quite well on this year’s best schools for business students working.
By the time they get their degree, students from this school have racked up an average of $25,543 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $198. Once they receive their degree, Aurora graduates enter the workforce, making an average salary of $47,673 during the early year of their career.
Western Illinois University landed the #21 spot in the rankings for the best business programs.
On average, students take out $28,617 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $266. During the early years of their career, WIU graduates make an average of $38,708 annually.
University of St Francis did quite well in this year’s ranking of the best places for business students. It came in at #22 on the list.
By the time they get their degree, students from this school have racked up an average of $28,383 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $332. During the early years of their career, University of Saint Francis graduates make an average of $60,805 annually.
University of Illinois at Chicago came in at #23 in this year’s edition of the ranking.
By the time they get their degree, students from this school have racked up an average of $19,801 in student loans. Those who take out this much in loans have to make a monthly payment of about $259 if they are on a 10-year repayment plan.After graduating from UIC, students go on to jobs where they make an average of $53,836 during the early years of their career.
Dominican University did quite well in this year’s ranking of the best places for business students. It came in at #24 on the list.
By the time they get their degree, students from this school have racked up an average of $28,848 in student loans. Those who take out this much in loans have to make a monthly payment of about $140 if they are on a 10-year repayment plan.After graduating from Dominican U, students go on to jobs where they make an average of $42,201 during the early years of their career.
DeVry University - Illinois came in at #25 in this year’s edition of the ranking.
On average, students take out $40,148 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $163, assuming you are on a 10-year repayment plan.After graduating from DeVry University - Illinois, students go on to jobs where they make an average of $48,020 during the early years of their career.
Notes and References
Footnotes
*These averages are for the top 25 schools only.
References
- Read more about our ranking methodology.
- 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%.
More about our data sources and methodologies.
Featured Schools
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