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Highlighting Quality Schools With More Affordable Prices
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. Also, there are a number of trade schools and bootcamps with offerings that you might find attractive.
To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this <nil> ranking.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. For statewide rankings, we use average in-state tuition and fees.
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Top Value Business Associate Degree Schools in Illinois
Learn more about these excellent schools below:
Our analysis found Southwestern Illinois College to be the best value school for business students who want to pursue a associate degree in Illinois. Belleville, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out associate degrees to 21 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at SWIC are $5,940 per year. By the time they get their associate degree, students from this school have racked up an average of $12,561 in student loans.
SWIC does have options available for those who want to take online classes. You will need to check with the school to see if they are available for your specific major. In 2019-2020 about 53% of the undergraduate students at the school chose to take one or more online courses.
Out of the 8 schools in Illinois that were part of this year’s value ranking, Rasmussen University - Illinois landed the # 2 spot on the list. Located in Rockford, Illinois, the small private for-profit school handed out 87 associate degree awards in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Rasmussen University - Illinois are $13,883 a year. On average, associate degree students take out $27,566 in loans while pursuing their degree.
Depending on your major, you may be able to take online classes at Rasmussen University - Illinois. In fact, around 99% of the undergraduate population registered for at least one online class in 2019-2020.
Rasmussen University - Illinois also made our list, coming in at #1.
You’ll be in good company if you decide to attend Lake Land College. It ranked #3 on our list. Located in Mattoon, Illinois, the small public school awarded 43 diplomas to qualifed associate degree students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Lake Land College are $13,906 per year. By the time they get their associate degree, students from this school have racked up an average of $11,990 in student loans.
Some students may be able to take online classes at Lake Land College. During the 2019-2020 year, about 69% of the undergraduates at the school took at least one online course.
The excellent associate degree programs at DeVry University - Illinois helped the school earn the #4 place on this year’s ranking of the best value business schools in Illinois. DeVry University - Illinois is located in Chicago, Illinois and has a large student population. In 2020-2021, this school awarded 262 associate degrees to qualified students.
DeVry University - Illinois undergraduate students pay an average of $15,032 in tuition and fees each year. Associate Degree recipients from this school accumulate an average of $35,424 in student debt by the time they complete their degree.
DeVry University - Illinois does offer online classes for certain degree levels. To give an idea of how popular online courses are at the school, 99% of undergraduates took at least one course online in 2019-2020.
DeVry University - Illinois also made our list, coming in at #2.
A rank of #5 on this year’s list means Kankakee Community College is a great place for business students working on their associate degree who want the most bang for their educational buck. This small public school is located in Kankakee, Illinois, and it awarded 26 associate degrees in 2020-2021.
Kankakee Community College undergraduate students pay an average of $25,560 in tuition and fees each year. Associate Degree recipients from this school accumulate an average of $17,166 in student debt by the time they complete their degree.
Kankakee Community College does offer online classes for certain degree levels. During the 2019-2020 year, about 67% of the undergraduates at the school took at least one online course.
Kankakee Community College also made our list, coming in at #5.
McKendree University ranked #6 on this year’s list. McKendree University is a small private not-for-profit school located in Lebanon, Illinois that handed out 6 associate degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at McKendree are $33,050 per year.
Depending on your major, you may be able to take online classes at McKendree. In 2019-2020 about 16% of the undergraduate students at the school chose to take one or more online courses.
McKendree also made our list, coming in at #4.
Roosevelt University came in at #7 in this year’s edition of the ranking. Roosevelt is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 9 associate degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Roosevelt are $31,493 per year. On average, associate degree students take out $17,658 in loans while pursuing their degree.
Some students may be able to take online classes at Roosevelt. Of all the undergraduates enrolled at the school during the 2019-2020 academic year, around 71% took at least some of their classes online.
Loyola University Chicago did quite well in this year’s ranking of the best value places for business students to get an associate degree. It came in at #8 on the list. Located in Chicago, Illinois, the fairly large private not-for-profit school handed out 14 associate degree awards in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Loyola Chicago are $47,808 a year. On average, associate degree students take out $5,895 in loans while pursuing their degree.
Online courses are available at Loyola Chicago, but you will need to check with the school to see if they are available for your field of interest. In fact, around 97% of the undergraduate population registered for at least one online class in 2019-2020.
In addition to its best value ranking, and one of the reasons why the school is on the list, Loyola Chicago is ranked #3 for overall quality in Illinois.
More Illinois Rankings
Notes and References
Footnotes
*These averages are for the top 8 schools only.
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%.
More about our data sources and methodologies.
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