Analysis
Elmhurst University's finance program punches well above its weight given the institution's accessibility—76% admission rate and students averaging 1116 on the SAT. First-year graduates earn $57,171, climbing to $78,675 by year four, a 38% jump that outpaces most finance programs. Among Illinois schools, this lands solidly in the 60th percentile, sitting between stronger names like DePaul ($66,863) and more modest programs. Perhaps more impressive: graduates leave with just $18,250 in debt, roughly $5,600 below the state median and nearly 25% less than the national benchmark.
That debt-to-earnings ratio of 0.32 creates genuine breathing room. A typical graduate could aggressively pay down their entire loan balance in about five months of gross earnings, which is exceptional for any bachelor's program. The strong earnings trajectory suggests Elmhurst grads are securing real finance positions—not just backoffice roles—and progressing in their careers. While this isn't competing with the University of Illinois Urbana-Champaign's $75,000 starting salaries, the combination of manageable debt and solid career growth makes it a practical alternative.
For families seeking a finance degree without betting the farm, Elmhurst delivers a legitimate return. The accessibility means your child can actually get in, the debt load won't define their twenties, and the earnings growth shows employers value these graduates beyond entry level.
Where Elmhurst University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Elmhurst University 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 |
|---|---|---|---|
| Elmhurst University | $57,171 | $78,675 | +38% |
| University of Illinois Urbana-Champaign | $75,381 | $99,685 | +32% |
| Loyola University Chicago | $66,919 | $84,622 | +26% |
| DePaul University | $66,863 | $79,506 | +19% |
| Illinois Wesleyan University | $62,619 | $77,596 | +24% |
Compare to Similar Programs in Illinois
Finance and Financial Management Services bachelors's programs at peer institutions in Illinois (31 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $41,628 | $57,171 | $78,675 | $18,250 | 0.32 | |
| $16,004 | $75,381 | $99,685 | $19,500 | 0.26 | |
| $51,716 | $66,919 | $84,622 | $24,988 | 0.37 | |
| $44,460 | $66,863 | $79,506 | $23,000 | 0.34 | |
| $55,704 | $62,619 | $77,596 | $26,000 | 0.42 | |
| $54,202 | $61,264 | $72,661 | $27,000 | 0.44 | |
| National Median | — | $53,590 | — | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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 Elmhurst University, approximately 37% 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 54 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.