Entrepreneurial and Small Business Operations at Elgin Community College
Undergraduate Certificate or Diploma
elgin.eduAnalysis
A debt-to-earnings ratio of 0.45 suggests manageable borrowing, but the real story here is what you're not seeing. With both earnings and debt figures drawn from national benchmarks for similar entrepreneurship certificates—not from Elgin's actual graduate outcomes—you're flying largely on faith. The estimated $41,685 first-year earnings tracks with the national median for these programs, which means this isn't necessarily a red flag, but it also isn't confirmation that Elgin's graduates achieve these results.
The challenge with entrepreneurship programs is they attract two very different students: those launching businesses (where early income varies wildly depending on success) and those seeking small business management skills for traditional employment. National data can't tell you which path Elgin's certificate prepares students for, or how well it does either. At a community college, you'd hope for lower debt than the $18,788 estimate, which comes from peer institutions that may have different aid structures or program lengths.
Before committing, investigate what Elgin's program actually delivers: Is it a quick skills certificate for existing business owners, or a more comprehensive curriculum? What do local employers think of it? The lack of reported data means you'll need to do legwork the numbers usually provide—talk to recent graduates, ask the career services office for placement rates, and understand whether this certificate is treated as a standalone credential or a stepping stone to further education.
Where Elgin Community College Stands
Earnings vs. debt across all entrepreneurial and small business operations certificate's programs nationally
Compare to Similar Programs Nationally
Entrepreneurial and Small Business Operations certificate's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $3,180 | $41,685* | — | $18,788* | — | |
| $11,180 | $64,900* | — | $19,500* | 0.30 | |
| $21,524 | $51,635* | — | $23,063* | 0.45 | |
| $10,964 | $46,878* | $60,850 | $26,000* | 0.55 | |
| $10,020 | $42,545* | — | $23,397* | 0.55 | |
| $3,106 | $40,824* | — | $10,740* | 0.26 | |
| National Median | — | $41,684* | — | $18,788* | 0.45 |
Career Paths
Occupations commonly associated with entrepreneurial and small business operations graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Personal Service Managers, All Other
Fitness and Wellness Coordinators
Spa Managers
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
Wind Energy Operations 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 Elgin Community 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.
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 national median of 8 similar programs. Actual outcomes may vary.