Median Earnings (1yr)
$50,210
66th percentile
60th percentile in Illinois
Median Debt
$27,000
4% above national median

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 $67,269โ€”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

Earnings Distribution

How Augustana College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Augustana College$50,210$67,269+34%
University of Illinois Urbana-Champaign$68,442$81,669+19%
Illinois Wesleyan University$48,706$67,148+38%
Illinois State University$50,647$64,538+27%
Benedictine University$49,611$64,496+30%

Compare to Similar Programs in Illinois

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

Scroll to see more โ†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Augustana CollegeRock Island$49,834$50,210$67,269$27,0000.54
University of Illinois Urbana-ChampaignChampaign$16,004$68,442$81,669$19,1750.28
University of Illinois ChicagoChicago$14,338$65,781โ€”$20,8320.32
Loyola University ChicagoChicago$51,716$64,513$56,763$25,0000.39
Rasmussen University-IllinoisRockford$13,546$59,693$56,566$37,3150.63
Southern Illinois University-CarbondaleCarbondale$13,244$55,633$58,561$27,5000.49
National Medianโ€”$45,703โ€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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.