Analysis
Loyola's business economics graduates start strong at $61,333 and gain serious momentum, reaching $81,155 by year four—a 32% jump that outpaces typical career progression in this field. While the program ranks at the 60th percentile among Illinois schools (behind Wheaton's $55,300 first-year mark), it actually outperforms the national 75th percentile, placing it in the top fifth of similar programs nationwide. The $21,574 in debt sits right at the state median and translates to just over four months of first-year salary—a manageable load that gets easier to carry as earnings accelerate.
The trajectory here matters more than the ranking among the nine Illinois programs. Starting $8,000 above the national median and adding $20,000 in earnings growth over three years suggests this program opens doors to roles with real advancement potential, likely in Chicago's deep corporate market. The modest debt combined with strong earnings makes this a financially sound choice, particularly for students who can access Loyola's resources without taking on significantly more than the median loan amount.
For parents evaluating value, this program delivers on both immediate outcomes and growth potential. The low debt-to-earnings ratio leaves room for graduate school, home buying, or other life goals without financial strain. It's a solid investment in a market-tested field at an institution that clearly maintains strong employer connections.
Where Loyola University Chicago Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Earnings Distribution
How Loyola University Chicago 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 |
|---|---|---|---|
| Loyola University Chicago | $61,333 | $81,155 | +32% |
| Villanova University | $82,212 | $122,309 | +49% |
| DePaul University | $53,682 | $81,167 | +51% |
| Southern Illinois University Edwardsville | $53,219 | $70,999 | +33% |
| Wheaton College | $55,300 | $67,358 | +22% |
Compare to Similar Programs in Illinois
Business/Managerial Economics bachelors's programs at peer institutions in Illinois (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $51,716 | $61,333 | $81,155 | $21,574 | 0.35 | |
| $43,930 | $55,300 | $67,358 | $24,000 | 0.43 | |
| $44,460 | $53,682 | $81,167 | $21,666 | 0.40 | |
| $12,922 | $53,219 | $70,999 | $19,514 | 0.37 | |
| National Median | — | $53,219 | — | $22,250 | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
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 Loyola University Chicago, approximately 23% 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 46 graduates with reported earnings and 44 graduates with debt data. Small samples may not be representative.