Est. Earnings (1yr)
$43,736
Est. from IL median (7 programs)
Est. Median Debt
$12,000
Est. from national median (291 programs)

Analysis

Illinois business programs at the associate level show a wide spread, with top performers like Harper College reporting nearly $60,000 in first-year earnings while others cluster in the low $40,000s. For College of Lake County, comparable programs across the state suggest earnings around $43,700—solidly in the middle of the pack but well above the $34,000 national median for this credential. That $10,000 gap over typical national outcomes matters when you're evaluating whether a two-year business degree can launch a career.

The estimated $12,000 debt load aligns closely with what similar associate programs carry statewide. With a debt-to-earnings ratio of 0.27, graduates would theoretically dedicate about three months of gross income to repaying their education—a manageable burden if those earnings estimates hold. The challenge is that this specific program lacks reported outcomes data, making it harder to assess whether College of Lake County's curriculum and employer connections deliver results comparable to nearby institutions like Harper or College of DuPage, which show stronger earnings patterns.

For families weighing this option, the key question is whether College of Lake County can match the performance of peer programs. The economics work if earnings land near state averages, but with established competitors showing better outcomes just miles away, understanding what differentiates this program—internship networks, faculty industry experience, job placement rates—becomes critical before committing.

Where College of Lake County Stands

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

Compare to Similar Programs in Illinois

Business Administration, Management and Operations associates's programs at peer institutions in Illinois (51 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
College of Lake CountyGrayslake$4,494$43,736*—$12,000*—
William Rainey Harper CollegePalatine$3,822$59,982*——*—
College of DuPageGlen Ellyn$4,320$46,497*—$12,000*0.26
Roosevelt UniversityChicago$20,280$44,510*$43,617$12,000*0.27
Rasmussen University-IllinoisRockford$13,546$43,736*$45,005$25,555*0.58
Joliet Junior CollegeJoliet$4,530$39,887*——*—
National Median—$33,977*—$13,980*0.41
* Estimated from similar programs

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 College of Lake County, approximately 24% 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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 7 similar programs in IL. Actual outcomes may vary.