Analysis
Illinois College's finance graduates outperform the Illinois median by about $3,400 annually, landing in the 60th percentile statewideβa respectable showing for a small liberal arts college with a 75% admission rate. More importantly, the $27,000 debt burden is remarkably low, putting graduates in the 5th percentile nationally for debt. With a debt-to-earnings ratio of 0.49, these students owe roughly half their first-year salary, which is manageable territory for a business degree.
The caveat here is sample size: with fewer than 30 recent graduates in the dataset, these numbers could swing considerably year to year. A few graduates landing high-paying corporate roles or, conversely, taking nonprofit positions could dramatically shift the median. The modest 4% earnings growth to year four suggests early-career stability rather than rapid advancement, but again, with small cohorts, tracking patterns is difficult.
For families seeking affordable finance education without the sticker shock of Illinois' powerhouse programs (which earn $10,000-$20,000 more but likely come with steeper debt loads), this represents a solid value play. Just recognize you're betting on limited dataβask the school for multi-year employment outcomes to get a fuller picture before committing.
Where Illinois College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Illinois College 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 |
|---|---|---|---|
| Illinois College | $55,155 | $57,305 | +4% |
| 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% |
| Elmhurst University | $57,171 | $78,675 | +38% |
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 |
|---|---|---|---|---|---|
| $37,470 | $55,155 | $57,305 | $27,000 | 0.49 | |
| $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 | β | $53,590 | β | $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 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 18 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.