Business Administration, Management and Operations at Augustana College
Bachelor's Degree
augustana.eduAnalysis
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 $67,269โa 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $49,834 | $50,210 | $67,269 | $27,000 | 0.54 | |
| $16,004 | $68,442 | $81,669 | $19,175 | 0.28 | |
| $14,338 | $65,781 | โ | $20,832 | 0.32 | |
| $51,716 | $64,513 | $56,763 | $25,000 | 0.39 | |
| $13,546 | $59,693 | $56,566 | $37,315 | 0.63 | |
| $13,244 | $55,633 | $58,561 | $27,500 | 0.49 | |
| National Median | โ | $45,703 | โ | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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.