Median Earnings (1yr)
$61,333
81st percentile
60th percentile in Illinois
Median Debt
$21,574
3% below national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Loyola University ChicagoChicago$51,716$61,333$81,155$21,5740.35
Wheaton CollegeWheaton$43,930$55,300$67,358$24,0000.43
DePaul UniversityChicago$44,460$53,682$81,167$21,6660.40
Southern Illinois University EdwardsvilleEdwardsville$12,922$53,219$70,999$19,5140.37
National Median$53,219$22,2500.42

Career Paths

Occupations commonly associated with business/managerial 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

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor'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:

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 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.