Business Administration, Management and Operations at Lake Land College
Associate's Degree
lakelandcollege.eduAnalysis
In Illinois, business management associate programs span a wide range—from nearly $60,000 at Harper College down to about $40,000 at Joliet Junior College. Lake Land's estimated first-year outcome of $43,736 sits comfortably in the middle of this pack, suggesting graduates from similar programs in the state are finding decent-paying positions right out of school. With an estimated debt load of $12,000, this translates to a manageable 0.27 debt-to-earnings ratio—well below the concerning 0.50 threshold where monthly payments typically start to strain budgets.
What makes this estimate particularly relevant is that it's based on seven comparable Illinois programs, meaning there's reasonable confidence the typical Lake Land graduate will land somewhere in this range rather than wildly above or below it. At $12,000 in debt, you're looking at monthly payments around $135 over ten years—affordable on a salary in the mid-$40,000s. The fact that these figures exceed both national medians ($33,977 in earnings, $13,980 in debt) suggests Illinois community colleges are delivering solid value in this field.
The practical upside here is clear: low debt combined with earnings that support independent living in central Illinois creates minimal financial risk. While you won't see the exceptional outcomes of programs like Harper's, the combination of accessibility and manageable debt makes this a defensible choice for students seeking quick workforce entry without gambling on high-stakes debt.
Where Lake Land College Stands
Earnings vs. debt across all business administration, management and operations associates's programs nationally
Compare to Similar Programs in Illinois
Business Administration, Management and Operations associates's programs at peer institutions in Illinois (51 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,280 | $43,736* | — | $12,000* | — | |
| $3,822 | $59,982* | — | —* | — | |
| $4,320 | $46,497* | — | $12,000* | 0.26 | |
| $20,280 | $44,510* | $43,617 | $12,000* | 0.27 | |
| $13,546 | $43,736* | $45,005 | $25,555* | 0.58 | |
| $4,530 | $39,887* | — | —* | — | |
| National Median | — | $33,977* | — | $13,980* | 0.41 |
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 Lake Land College, approximately 27% 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 median of 7 similar programs in IL. Actual outcomes may vary.