Median Earnings (1yr)
$44,015
21st percentile
40th percentile in Illinois
Median Debt
$25,000
10% above national median

Analysis

Illinois State's Economics program produces outcomes that lag behind most comparable programs, though the small sample size here—fewer than 30 graduates—means these figures could shift significantly with more data. Starting at $44,015 puts graduates in the 21st percentile nationally and 40th percentile among Illinois schools, trailing the state median by $3,000. When top Illinois programs like U of I Urbana-Champaign ($58,921) and even mid-tier options like Olivet Nazarene ($54,169) substantially outperform, it raises questions about competitive positioning.

The $25,000 debt load matches the Illinois median but buys considerably less earning power than at peer institutions. The 29% earnings growth to $56,964 by year four is encouraging and helps the debt-to-earnings ratio, but that fourth-year figure still sits below what many Illinois State peers deliver right out of the gate. For a program at a school with an 89% admission rate serving a significant population of Pell Grant recipients, these modest outcomes might reflect the school's accessibility mission—but it's worth acknowledging that accessibility doesn't have to mean accepting lower returns.

Given the small sample, I'd verify these numbers represent typical outcomes before making any decisions. If they hold, families should weigh whether Illinois State's lower cost structure (if tuition is indeed cheaper) and regional connections offset the earnings gap, or whether their student could access programs with stronger placement records elsewhere in Illinois.

Where Illinois State University Stands

Earnings vs. debt across all economics bachelors's programs nationally

Earnings Distribution

How Illinois State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Illinois State University$44,015$56,964+29%
University of Chicago$92,075$127,832+39%
Northwestern University$84,932$105,795+25%
University of Illinois Urbana-Champaign$58,921$75,600+28%
University of Illinois Chicago$37,767$63,369+68%

Compare to Similar Programs in Illinois

Economics bachelors's programs at peer institutions in Illinois (35 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Illinois State UniversityNormal$16,021$44,015$56,964$25,0000.57
University of ChicagoChicago$66,939$92,075$127,832$13,1970.14
Northwestern UniversityEvanston$65,997$84,932$105,795$16,2270.19
Wheaton CollegeWheaton$43,930$62,889$60,894$21,0000.33
University of Illinois Urbana-ChampaignChampaign$16,004$58,921$75,600$21,2280.36
Olivet Nazarene UniversityBourbonnais$37,940$54,169$27,0000.50
National Median$51,722$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 State University, approximately 30% 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 27 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.