Analysis
Illinois College graduates with business degrees earn roughly $8,500 less than the typical Illinois business graduate in their first yearβlanding in just the 25th percentile statewide. That's a substantial gap in a state where public universities like Southern Illinois-Carbondale produce business grads earning $55,633, and top programs exceed $65,000. You're paying private school tuition for earnings that trail most in-state alternatives by 20-30%.
The $27,000 debt load sits near national norms, but paired with below-average earnings, it creates a tighter financial picture than parents should accept without scrutiny. A 0.71 debt-to-earnings ratio isn't disastrous, but it means nearly three-quarters of a year's salary goes toward educational debtβand that's before accounting for the slower earnings growth typical of graduates starting at $37,925. The 17th percentile national ranking suggests this program struggles to compete beyond Illinois borders too.
For families paying private college costs, this represents a questionable return. If your child is set on a smaller liberal arts environment, understand they'll likely start their career at a meaningful earnings disadvantage compared to graduates from Illinois' public universities. If career outcomes matter more than campus size, the state's larger institutions offer significantly stronger launching points for roughly the same debt burden.
Where Illinois College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Illinois College graduates compare to all programs nationally
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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $37,470 | $37,925 | β | $27,000 | 0.71 | |
| $16,004 | $68,442 | $81,669 | $19,175 | 0.28 | |
| $14,338 | $65,781 | β | $20,832 | 0.32 | |
| $51,716 | $64,513 | $56,763 | $25,000 | 0.39 | |
| $13,546 | $59,693 | $56,566 | $37,315 | 0.63 | |
| $13,244 | $55,633 | $58,561 | $27,500 | 0.49 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales 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 Illinois College, approximately 35% 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 58 graduates with reported earnings and 72 graduates with debt data. Small samples may not be representative.