Economics at DePaul University
Bachelor's Degree
Analysis
DePaul's economics program starts graduates at $37,000—well below both Illinois and national averages for the degree. That first-year figure places it in just the 5th percentile nationally and 25th percentile statewide, which is particularly striking given Chicago's strong finance and business sectors. For comparison, nearby University of Illinois Urbana-Champaign economics grads start 59% higher at nearly $59,000, while Northwestern and University of Chicago economics programs place students at double DePaul's initial earnings.
The trajectory improves substantially, with earnings jumping 63% to about $60,500 by year four—surpassing both state and national medians eventually. The $22,400 debt load is reasonable and less than typical Illinois economics programs. However, the critical caution here is sample size: with fewer than 30 graduates tracked, these figures could shift dramatically with just a few outliers. A couple of graduates pursuing unpaid internships or graduate school could artificially depress that first-year number.
If your child is set on economics at DePaul, understand they'll likely face a tougher initial job market than peers at competitive state schools, even though outcomes catch up later. The small sample makes this data unreliable for confident decision-making—you'd want to dig deeper into career services placement rates and where recent grads actually landed before committing.
Where DePaul University Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 DePaul University graduates compare to all programs nationally
DePaul University graduates earn $37k, placing them in the 5th percentile of all economics 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
Economics bachelors's programs at peer institutions in Illinois (35 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| DePaul University | $37,151 | $60,508 | $22,433 | 0.60 |
| University of Chicago | $92,075 | $127,832 | $13,197 | 0.14 |
| Northwestern University | $84,932 | $105,795 | $16,227 | 0.19 |
| Wheaton College | $62,889 | $60,894 | $21,000 | 0.33 |
| University of Illinois Urbana-Champaign | $58,921 | $75,600 | $21,228 | 0.36 |
| Olivet Nazarene University | $54,169 | — | $27,000 | 0.50 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Illinois
Compare tuition, earnings, and debt across Illinois schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Chicago Chicago | $66,939 | $92,075 | $13,197 |
| Northwestern University Evanston | $65,997 | $84,932 | $16,227 |
| Wheaton College Wheaton | $43,930 | $62,889 | $21,000 |
| University of Illinois Urbana-Champaign Champaign | $16,004 | $58,921 | $21,228 |
| Olivet Nazarene University Bourbonnais | $37,940 | $54,169 | $27,000 |
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 DePaul University, approximately 31% 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 25 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.