Median Earnings (1yr)
$50,210
66th percentile (60th in IL)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.54
Manageable
Sample Size
163
Adequate data

Analysis

Augustana's business program shows something many private colleges struggle to deliver: graduates who steadily increase their earning power without drowning in debt. While the $50,210 starting salary sits about 8% above Illinois' median for business programs, the real story emerges by year four when earnings climb to $67,269—a 34% jump that puts graduates within striking distance of what University of Illinois Chicago alumni earn right out of the gate.

The debt picture makes this trajectory more impressive. At $27,000, borrowing sits below both state and national averages, creating a debt-to-earnings ratio of 0.54 that most financial advisors would consider quite manageable. For context, half the business programs in Illinois leave students with comparable debt but lower starting salaries. The combination suggests Augustana opens doors that keep swinging wider, whether through strong alumni networks or preparation that translates into promotions.

This isn't UI Urbana-Champaign money (those grads start at $68,000), but it's a fundamentally different value calculation. Students here pay private school tuition for what appears to be genuine career development support, not just a credential. If your child thrives in smaller, relationship-focused environments and you're comparing this to mid-tier state schools with similar costs after aid, the earnings momentum here deserves serious consideration.

Where Augustana College Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Augustana CollegeOther business administration, management and operations programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Augustana College graduates compare to all programs nationally

Augustana College graduates earn $50k, placing them in the 66th percentile of all business administration, management and operations bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Business Administration, Management and Operations bachelors's programs at peer institutions in Illinois (52 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Augustana College$50,210$67,269$27,0000.54
University of Illinois Urbana-Champaign$68,442$81,669$19,1750.28
University of Illinois Chicago$65,781$20,8320.32
Loyola University Chicago$64,513$56,763$25,0000.39
Rasmussen University-Illinois$59,693$56,566$37,3150.63
Southern Illinois University-Carbondale$55,633$58,561$27,5000.49
National Median$45,703$26,0000.57

Other Business Administration, Management and Operations Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Illinois Urbana-Champaign
Champaign
$16,004$68,442$19,175
University of Illinois Chicago
Chicago
$14,338$65,781$20,832
Loyola University Chicago
Chicago
$51,716$64,513$25,000
Rasmussen University-Illinois
Rockford
$13,546$59,693$37,315
Southern Illinois University-Carbondale
Carbondale
$13,244$55,633$27,500

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Augustana College, approximately 22% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 163 graduates with reported earnings and 161 graduates with debt data. Small samples may not be representative.