Median Earnings (1yr)
$44,581
45th percentile
40th percentile in Illinois
Median Debt
$24,000
8% below national median

Analysis

Concordia University-Chicago's business program lands squarely in the middle of the pack—graduating with $24,000 in debt to earn $44,581 initially puts you slightly below both Illinois and national medians for business degrees. Among the 52 Illinois schools offering this program, it ranks in just the 40th percentile, meaning six out of ten comparable programs produce higher earnings.

The 19% earnings growth to $53,028 by year four is solid but doesn't change the fundamental picture: graduates here earn roughly $11,000-15,000 less than peers at Loyola or UIC, and even trail less selective options like Southern Illinois by several thousand dollars. The debt load is manageable—about $2,000 below state and national averages—but the debt-to-earnings ratio of 0.54 means you're still borrowing more than half a year's starting salary.

One critical caveat: this data comes from fewer than 30 graduates, so individual outcomes could vary significantly from these figures. For a family focused strictly on return on investment, the numbers suggest looking at other Illinois business programs with stronger earning trajectories. But if Concordia's smaller classes and Lutheran identity matter to your student, the financial outcome isn't disastrous—just unremarkable.

Where Concordia University-Chicago Stands

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

Earnings Distribution

How Concordia University-Chicago graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Concordia University-Chicago$44,581$53,028+19%
University of Illinois Urbana-Champaign$68,442$81,669+19%
Augustana College$50,210$67,269+34%
Illinois Wesleyan University$48,706$67,148+38%
Illinois State University$50,647$64,538+27%

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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Concordia University-ChicagoRiver Forest$36,258$44,581$53,028$24,0000.54
University of Illinois Urbana-ChampaignChampaign$16,004$68,442$81,669$19,1750.28
University of Illinois ChicagoChicago$14,338$65,781$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 Median$45,703$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 Concordia University-Chicago, approximately 45% 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 28 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.